Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2025 and 2026.
Financials
Financial year 2026
GLASSROOTS from Kontich, company number BE0645835304, closed financial year 2026 with a result of € -30,615 after tax. For that financial year GLASSROOTS recorded a gross margin of € -8,982 and equity of € 1,691. Compared with financial year 2025, the result moved from € -3,795 to € -30,615. The company made a loss. The buffer shrank hard: equity is 95 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 16, 2026.
€ 1,691
▼ 95% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -30,615
▼ 707 % more loss than in 2025
Profit after tax over the fiscal year.
€ 81,910
▲ 15% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -4,509.
People and assets in 2026
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,823
▼ 51% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 144
▼ 36% vs 2025
Loans from banks and other lenders, long and short.
€ 4,555
▲ € 3,691 vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 4,194
▲ € 3,294 vs 2025
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 36,603 | € 25,262 | € 2,121 | € -8,982 | ▼ € 11,103 |
| Profit after taxes | € 24,459 | € 13,512 | € -3,795 | € -30,615 | ▼ € 26,820 |
| Equity | € 22,589 | € 36,101 | € 32,306 | € 1,691 | ▼ 95% |
| Total debts | € 112,871 | € 215,366 | € 84,983 | € 97,399 | ▲ 15% |
| Cash | € 77,713 | € 125,082 | € 71,527 | € 81,910 | ▲ 15% |
| Retained profit | € 16,389 | € 29,901 | € 26,106 | € -4,509 | ▼ € 30,615 |
| Dividend | € 27,651 | € 0 | € 0 | € 0 | |
| Bank debt | € 75 | € 823 | € 225 | € 144 | ▼ 36% |
| Balance sheet total | € 135,461 | € 251,467 | € 117,289 | € 99,090 | ▼ 16% |
Key figures of GLASSROOTS, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to GLASSROOTS?
What happened at GLASSROOTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 30,615. Source: NBB ↗
- Catherine Leonard became a director. NBB
- New establishment in Kontich. KBO
- Start of the company according to the CBE. KBO
In short
From € 24,459 profit in 2023 to € 30,615 loss in 2026.
Paid € 17,541 in corporate taxes since 2023.
Best year ever: 2023, with € 24,459 profit.
Paid out € 27,651 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 GLASSROOTS is Catherine Leonard.
Directors
According to the 2026 annual accounts
Catherine Leonard
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Kruisbeemd 23
2550 Kontich
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
COMBELL-AS, BE
Domain
Domain
glassroots.com
Registered
2000-11-16
Registrar
EuroDNS S.A.
Expires
2026-11-16
Website info
Features
Security
Details
- Company number
- 0645.835.304
- VAT number
- BE 0645.835.304
- Registered office
- Kruisbeemd 23, 2550 Kontich
- Names & denominations
- GLASSROOTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 January 2016
- Peppol
- Active · Active since 15 Sept 2025
- Contact
- glassroots.com [email protected]
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