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 35 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GLAZING BUS & TRUCK.BE from Vilvoorde, company number BE0676674968, closed financial year 2025 with a result of € -506,354 after tax. For that financial year GLAZING BUS & TRUCK.BE recorded a gross margin of € 1.8 million and equity of € 86,196. Compared with financial year 2024, the result moved from € 13,344 to € -506,354. The company made a loss. The buffer shrank hard: equity is 85 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.
€ 86,196
▼ 85% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -506,354
▼ still € 13,344 profit in 2024
Profit after tax over the fiscal year.
€ 62,059
▲ € 61,119 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1 million.
People and assets in 2025
20.3
▼ 3.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▼ 9% vs 2024
€ 64,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 8,818
▼ 58% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 864,301
▼ 21% vs 2024
€ 3,879 is repaid this year. At this pace the long-term loan is gone in ≈ 141 years.
€ 498,116
▲ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 572,579
▼ 24% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,223,581 | € 1,530,795 | € 1,742,486 | € 1,761,144 | ▲ 1% |
| Profit after taxes | € -247,627 | € -105,128 | € 13,344 | € -506,354 | ▼ € 519,698 |
| Equity | € 160,643 | € 55,515 | € 592,551 | € 86,196 | ▼ 85% |
| Total debts | € 2,228,852 | € 2,570,749 | € 2,286,158 | € 1,943,521 | ▼ 15% |
| Cash | € 53,208 | € 40,809 | € 940 | € 62,059 | ▲ € 61,119 |
| Retained profit | € -440,297 | € -545,425 | € -532,081 | € -1,038,436 | ▼ € 506,354 |
| Bank debt | € 1,420,751 | € 1,292,240 | € 1,100,128 | € 864,301 | ▼ 21% |
| Balance sheet total | € 2,389,495 | € 2,626,263 | € 2,878,709 | € 2,029,717 | ▼ 29% |
| Employees (FTE) | 23 | 20.8 | 23.6 | 20.3 | ▼ 3.3 |
Key figures of GLAZING BUS & TRUCK.BE, 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 GLAZING BUS & TRUCK.BE?
What happened at GLAZING BUS & TRUCK.BE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Patrick Collignon stepped down as director. NBB
- Hésiode Sarl stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 506,354 (▼ € 519,698 vs 2024). Source: NBB ↗
- Patrick Collignon became a director. NBB
- Hésiode Sarl became a director. NBB
- New establishment in Vilvoorde. KBO
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 247,627 loss in 2022 to € 506,354 loss in 2025.
Paid € 1,224 in corporate taxes since 2022.
Best year ever: 2024, with € 13,344 profit.
On average € 86,800 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Hésiode Sarl
Director · represented by Laurent Cherpion
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Abeelstraat 77
1800 Vilvoorde
Trichterheideweg 11
3500 Hasselt
Active since 13 January 2020
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
Microsoft 365
Hosting
TELENET-AS, BE
Website info
Features
Security
Details
- Company number
- 0676.674.968
- VAT number
- BE 0676.674.968
- Registered office
- Abeelstraat 77, 1800 Vilvoorde
- Names & denominations
- GLAZING BUS & TRUCK.BE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 June 2017
- Peppol
- Active · Active since 11 Sept 2025
- Contact
- glazing-bt.be
- Activities · NACE
Reparatie en montage van specifieke auto-onderdelen