Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 37 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GLENN VERSTRAELEN from Hasselt, company number BE0635770167, closed financial year 2025 with a result of € 308,134 after tax. For that financial year GLENN VERSTRAELEN recorded a gross margin of € 556,303 and equity of € 613,106. Compared with financial year 2024, the result moved from € 296,628 to € 308,134. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 27, 2025.
€ 613,106
▲ 68% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 308,134
▲ 4% vs 2024
Profit after tax over the fiscal year.
€ 216,455
▼ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 60,000 paid out
19 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 51,679
▲ 3% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 30,483
▼ 49% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 812,476
▲ 2% vs 2024
€ 527,094 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 17,242
▲ 108% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 41,287
▼ 51% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 449,389 | € 466,299 | € 509,212 | € 556,303 | ▲ 9% |
| Profit after taxes | € 300,276 | € 244,219 | € 296,628 | € 308,134 | ▲ 4% |
| Equity | € 627,066 | € 518,344 | € 364,972 | € 613,106 | ▲ 68% |
| Total debts | € 804,018 | € 1,128,844 | € 1,295,601 | € 947,842 | ▼ 27% |
| Cash | € 132,251 | € 165,004 | € 218,953 | € 216,455 | ▼ 1% |
| Land & buildings | € 273,315 | € 246,487 | € 221,974 | € 198,505 | ▼ 11% |
| Retained profit | € 597,066 | € 488,344 | € 334,972 | € 583,106 | ▲ 74% |
| Dividend | € 0 | € 352,941 | € 450,000 | € 60,000 | ▼ 87% |
| Bank debt | € 787,971 | € 724,447 | € 798,495 | € 812,476 | ▲ 2% |
| Balance sheet total | € 1,431,084 | € 1,647,188 | € 1,660,574 | € 1,560,949 | ▼ 6% |
Key figures of GLENN VERSTRAELEN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 November 2026.
What happened to GLENN VERSTRAELEN?
What happened at GLENN VERSTRAELEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 308,134 (▲ 4% vs 2024). Source: NBB ↗
- New establishment in Hasselt. KBO
- Glenn Remy Verstraelen became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 300,276 profit in 2022 to € 308,134 profit in 2025.
Paid € 457,138 in corporate taxes since 2022.
Best year ever: 2025, with € 308,134 profit.
Paid out € 862,941 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind GLENN VERSTRAELEN is Glenn Remy Verstraelen.
Directors
According to the 2025 annual accounts
Glenn Remy Verstraelen
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Luikersteenweg 141
3500 Hasselt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0635.770.167
- VAT number
- BE 0635.770.167
- Registered office
- Luikersteenweg 141, 3500 Hasselt
- Names & denominations
- GLENN VERSTRAELEN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 August 2015
- Peppol
- Active · Active since 31 May 2024
- Activities · NACE
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