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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GLASS INVEST from Bornem, company number BE0665863527, closed financial year 2025 with a result of € -202,097 after tax. For that financial year GLASS INVEST recorded revenue of € 0 and equity of € 14.9 million. Compared with financial year 2024, the result moved from € -143,774 to € -202,097. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 16, 2026.
€ 14.9 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -202,097
▼ 41 % more loss than in 2024
Profit after tax over the fiscal year.
€ 32,881
▲ 230% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 10.9 million.
Debts at end 2025
€ 7.3 million
▲ 23% vs 2024
€ 539,413 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 819
▼ 94% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 943,200 | € 408,000 | € 228,000 | € 0 | ▼ 100% |
| Profit after taxes | € 211,132 | € 2,016,621 | € -143,774 | € -202,097 | ▼ € 58,323 |
| Equity | € 13,252,245 | € 15,268,867 | € 15,125,093 | € 14,922,996 | ▼ 1% |
| Total debts | € 9,058,031 | € 6,517,923 | € 6,007,223 | € 7,615,478 | ▲ 27% |
| Cash | € 561,800 | € 240,846 | € 9,973 | € 32,881 | ▲ 230% |
| Retained profit | € 9,252,245 | € 11,268,867 | € 11,125,093 | € 10,922,996 | ▼ 2% |
| Bank debt | € 8,508,856 | € 6,453,942 | € 5,912,559 | € 7,261,550 | ▲ 23% |
| Balance sheet total | € 22,310,276 | € 21,786,789 | € 21,132,316 | € 22,538,474 | ▲ 7% |
Key figures of GLASS INVEST, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to GLASS INVEST?
What happened at GLASS INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- CGC Invest BV stepped down as director. NBB
- Christine Riou stepped down as director. NBB
- Sanbo BV stepped down as director. NBB
- Jean-Marc Aubault stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 202,097. filed late Source: NBB ↗
- Jean-Marc Aubault became a director. NBB
- CGC Invest BV became a director. NBB
- Christine Riou became a director. NBB
In short
From € 211,132 profit in 2022 to € 202,097 loss in 2025.
Paid € 67,505 in corporate taxes since 2022.
Best year ever: 2023, with € 2 million profit.
Pays suppliers within 44 days on average.
Management
The stake of Resiglass comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GLASS INVESTThe shares are held by Resiglass (100%). It owns 100% of Euroglas Villers, 100% of Industrial Glass Processing - IGP, 100% of International Glass Fittings Europe - IGF, 100% of Euroglas De Landtsheer, 100% of Euroglas Immo and 100% of IGP Immo itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Frederik De Knijf
Also active at: C.K.L., GLASS TRANSPORT, Resiglass
since 2022 · until 2028
Christine Riou
Director
Also active at: EUROGLAS - DE LANDTSHEER, SAFETYGLASS, IGP Immo, GLASS TRANSPORT, Euroglas Immo, INDUSTRIAL GLASS PROCESSING, SAFETYGLASS IMMO, Resiglass +1 more
since 2022 · until 2028
Managing director · represented by Geert De Landtsheer
Also active at: EUROGLAS - DE LANDTSHEER, JET - CAR, Flora World, ALSIC, SAFETYGLASS, IGP Immo, GLASS TRANSPORT, Euroglas Immo +8 more
since 2022 · until 2028
Jean-Marc Aubault
Director
Also active at: EUROGLAS - DE LANDTSHEER, GLASS TRANSPORT, Euroglas Immo, Resiglass, INTERNATIONAL GLASS FITTINGS EUROPE
since 2026 · until 2028
Shareholders
100%
Participations
100%
100%
100%
100%
100%
Establishments
Establishment units
Physical locations of this company
Puursesteenweg(BOR) 377
2880 Bornem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →EUROGLAS - DE LANDTSHEER same network
€ 23.9 million revenue · 2025
GLASS TRANSPORT same network
€ 447,304 revenue · 2025
Euroglas Immo same network
€ 601,404 revenue · 2025
EDL GROEP
Resiglass same network
€ 2.4 million revenue · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0665.863.527
- VAT number
- BE 0665.863.527
- Registered office
- Puursesteenweg(BOR) 377, 2880 Bornem
- Names & denominations
- GLASS INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 November 2016
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Groothandel in vlakglas