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 39 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2025
Glenn Van Dael from Beveren-Kruibeke-Zwijndrecht, company number BE0687661803, closed financial year 2025 with a result of € 7,002 after tax. For that financial year Glenn Van Dael recorded a gross margin of € 90,736 and equity of € 25,602. Compared with financial year 2024, the result moved from € 38,805 to € 7,002. The company is profitable. The buffer shrank hard: equity is 55 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 25, 2026.
€ 25,602
▼ 55% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,002
▼ 82% vs 2024
Profit after tax over the fiscal year.
€ 8,892
▼ 63% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 38,805 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 14,112
▲ € 12,967 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 795,074
▼ 8% vs 2024
€ 67,173 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 64,766
▼ 54% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 62,565
▼ 7% 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 | € 213,565 | € 115,728 | € 128,495 | € 90,736 | ▼ 29% |
| Profit after taxes | € 43,131 | € -2,049 | € 38,805 | € 7,002 | ▼ 82% |
| Equity | € 221,675 | € 18,600 | € 57,405 | € 25,602 | ▼ 55% |
| Total debts | € 1,406,194 | € 1,301,662 | € 1,099,531 | € 1,038,952 | ▼ 6% |
| Cash | € 38,948 | € 19,859 | € 23,923 | € 8,892 | ▼ 63% |
| Land & buildings | € 969,039 | € 947,879 | € 928,091 | € 896,978 | ▼ 3% |
| Retained profit | € 203,075 | € 0 | € 38,805 | € 7,002 | ▼ 82% |
| Dividend | € 0 | € 201,026 | € 0 | € 38,805 | |
| Bank debt | € 991,483 | € 933,169 | € 861,449 | € 795,074 | ▼ 8% |
| Balance sheet total | € 1,627,869 | € 1,320,262 | € 1,156,936 | € 1,064,554 | ▼ 8% |
Key figures of Glenn Van Dael, 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 Glenn Van Dael?
What happened at Glenn Van Dael in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 7,002 (▼ 82% vs 2024). filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Beveren-Kruibeke-Zwijndrecht. KBO
- Glenn Van Dael became a director. NBB
In short
From € 43,131 profit in 2022 to € 7,002 profit in 2025.
Paid € 94,973 in corporate taxes since 2022.
Best year ever: 2022, with € 43,131 profit.
Paid out € 239,831 in dividends to the owners in total.
Management
Behind Glenn Van Dael is Glenn Van Dael.
Directors
According to the 2025 annual accounts
Glenn Van Dael
Manager
since 2018
Establishments
Establishment units
Physical locations of this company
Eikenlaan 13
9150 Beveren-Kruibeke-Zwijndrecht
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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 ↗- VAN DAEL Glenn Cornelis Maria(oprichter) 100%
Details
- Company number
- 0687.661.803
- VAT number
- BE 0687.661.803
- Registered office
- Eikenlaan 13, 9150 Beveren-Kruibeke-Zwijndrecht
- Names & denominations
- Glenn Van Dael
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 January 2018
- Peppol
- Active · Active since 12 Dec 2025
- Activities · NACE
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