Financials
Financial year 2025
GLM from Wielsbeke, company number BE0683682328, closed financial year 2025 with a result of € 182,305 after tax. For that financial year GLM recorded a gross margin of € 254,218 and equity of € 20,905. Compared with financial year 2024, the result moved from € 78,395 to € 182,305. Profitable, and profit is growing. The buffer shrank hard: equity is 81 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 10, 2026.
€ 20,905
▼ 81% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 182,305
▲ 133% vs 2024
Profit after tax over the fiscal year.
€ 284,402
▲ 109% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 271,176 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 26,593
▼ 38% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 11
Loans from banks and other lenders, long and short.
€ 41,674
▼ 3% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 24,993 | € 95,521 | € 123,825 | € 254,218 | ▲ 105% |
| Profit after taxes | € 6,963 | € 63,451 | € 78,395 | € 182,305 | ▲ 133% |
| Equity | € 103,576 | € 109,776 | € 109,776 | € 20,905 | ▼ 81% |
| Total debts | € 41,470 | € 81,606 | € 160,777 | € 310,886 | ▲ 93% |
| Cash | € 94,028 | € 113,445 | € 136,339 | € 284,402 | ▲ 109% |
| Retained profit | € 91,176 | € 91,176 | € 91,176 | € 2,305 | ▼ 97% |
| Dividend | € 0 | € 63,451 | € 78,395 | € 271,176 | ▲ 246% |
| Bank debt | € 21,830 | € 0 | € 0 | € 11 | |
| Balance sheet total | € 145,046 | € 191,381 | € 270,553 | € 331,792 | ▲ 23% |
By gross margin, GLM ranks 1st of 8 companies with main activity “Dakwerkzaamheden” in Wielsbeke that publish figures (fiscal year 2025).
Key figures of GLM, 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.
Ask about GLM the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to GLM?
What happened at GLM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 182,305 (▲ 133% vs 2024). filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Wielsbeke. KBO
In short
From € 6,963 profit in 2022 to € 182,305 profit in 2025.
Paid € 96,786 in corporate taxes since 2022.
Best year ever: 2025, with € 182,305 profit.
Paid out € 413,022 in dividends to the owners in total.
Management
Behind GLM is Glenn Malfait.
Directors
According to the 2025 annual accounts
Glenn Malfait
Director
Establishments
Establishment units
Physical locations of this company
Wandellaan 11
8710 Wielsbeke
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- Malfait Glenn Marie Gilbert(vennoot) 100%
Details
- Company number
- 0683.682.328
- VAT number
- BE 0683.682.328
- Registered office
- Wandellaan 11, 8710 Wielsbeke
- Names & denominations
- GLM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 October 2017
- Peppol
- Active · Active since 29 Nov 2025
- Activities · NACE
Dakwerkzaamheden
Ontwikkeling van residentiële bouwprojecten
Verhuur en lease van machines en installaties voor de bouwnijverheid en de weg- en waterbouw