What does GL WOOD do?

GL WOOD is a joiner in Theux. Private Limited, started on 1 March 2019, 1 establishment.

What is the address of GL WOOD?

The registered office of GL WOOD is located at Rue Hovémont 129 box 2, 4910 Theux.

Is GL WOOD still active?

Yes. According to the CBE (31 October 2026) GL WOOD is active, legal situation “Normale toestand”, started on 1 March 2019.

Is GL WOOD registered on Peppol?

Yes, GL WOOD is registered on the Peppol network with ID 0208:0721769179.

What is the enterprise number of GL WOOD?

The enterprise number of GL WOOD is BE0721769179.

When was GL WOOD founded?

GL WOOD was founded on 1 March 2019.

Who are the directors of GL WOOD?

According to the 2025 annual accounts, the directors of GL WOOD are: Grégory GERARD.

Is GL WOOD a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 March 2019; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did GL WOOD make in 2025?

GL WOOD recorded a loss after taxes of € 3,852 in financial year 2025.

What is the revenue of GL WOOD?

As a small company, GL WOOD is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 115,701.

GL WOOD (Private Limited) - Theux - BE0721769179

Dossier GL WOOD, printed on 1 November 2026 from databakkes.be/en/0721769179/gl-wood. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

GL WOOD from Theux, company number BE0721769179, closed financial year 2025 with a result of € -3,852 after tax. For that financial year GL WOOD recorded a gross margin of € 115,701 and equity of € 56,208. Compared with financial year 2024, the result moved from € 16,748 to € -3,852. 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 June 26, 2026.

What it is worth Healthy

€ 56,208

▼ 6% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -3,852

▼ still € 16,748 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 33,558

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 36,208.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 107,924

▼ 3% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 7,445

▼ 51% vs 2024

Of which on lease € 3,207.

Debts at end 2025

Bank debt

€ 4,334

▼ 58% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 8,835

▼ 36% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 9,062

▼ 2% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 90,013 Gross margin 2022: € 90,013 First fiscal year in the series	€ 138,892 Gross margin 2023: € 138,892 ▲ 54% vs 2022 (€ 90,013) Favourable step	€ 155,228 Gross margin 2024: € 155,228 ▲ 12% vs 2023 (€ 138,892) Favourable step	€ 115,701 Gross margin 2025: € 115,701 ▼ 25% vs 2024 (€ 155,228) Unfavourable step	▼ 25%
Profit after taxes	€ -11,628 Profit after taxes 2022: € -11,628 First fiscal year in the series	€ 18,004 Profit after taxes 2023: € 18,004 ▲ € 29,632 vs 2022 (€ -11,628) Favourable step	€ 16,748 Profit after taxes 2024: € 16,748 ▼ 7% vs 2023 (€ 18,004) Unfavourable step	€ -3,852 Profit after taxes 2025: € -3,852 ▼ € 20,601 vs 2024 (€ 16,748) Unfavourable step	▼ € 20,601
Equity	€ 25,308 Equity 2022: € 25,308 First fiscal year in the series	€ 43,312 Equity 2023: € 43,312 ▲ 71% vs 2022 (€ 25,308) Favourable step	€ 60,060 Equity 2024: € 60,060 ▲ 39% vs 2023 (€ 43,312) Favourable step	€ 56,208 Equity 2025: € 56,208 ▼ 6% vs 2024 (€ 60,060) Unfavourable step	▼ 6%
Total debts	€ 64,425 Total debts 2022: € 64,425 First fiscal year in the series	€ 40,785 Total debts 2023: € 40,785 ▼ 37% vs 2022 (€ 64,425) Favourable step	€ 36,644 Total debts 2024: € 36,644 ▼ 10% vs 2023 (€ 40,785) Favourable step	€ 22,434 Total debts 2025: € 22,434 ▼ 39% vs 2024 (€ 36,644) Favourable step	▼ 39%
Cash	€ 18,705 Cash 2022: € 18,705 First fiscal year in the series	€ 38,694 Cash 2023: € 38,694 ▲ 107% vs 2022 (€ 18,705) Favourable step	€ 33,645 Cash 2024: € 33,645 ▼ 13% vs 2023 (€ 38,694) Unfavourable step	€ 33,558 Cash 2025: € 33,558 Unchanged (€ 33,645) Unfavourable step
Retained profit	€ 5,308 Retained profit 2022: € 5,308 First fiscal year in the series	€ 23,312 Retained profit 2023: € 23,312 ▲ € 18,004 vs 2022 (€ 5,308) Favourable step	€ 40,060 Retained profit 2024: € 40,060 ▲ 72% vs 2023 (€ 23,312) Favourable step	€ 36,208 Retained profit 2025: € 36,208 ▼ 10% vs 2024 (€ 40,060) Unfavourable step	▼ 10%
Bank debt	€ 13,410 Bank debt 2022: € 13,410 First fiscal year in the series	€ 10,294 Bank debt 2023: € 10,294 ▼ 23% vs 2022 (€ 13,410) Favourable step	€ 10,342 Bank debt 2024: € 10,342 Unchanged (€ 10,294) Unfavourable step	€ 4,334 Bank debt 2025: € 4,334 ▼ 58% vs 2024 (€ 10,342) Favourable step	▼ 58%
Balance sheet total	€ 89,732 Balance sheet total 2022: € 89,732 First fiscal year in the series	€ 84,097 Balance sheet total 2023: € 84,097 ▼ 6% vs 2022 (€ 89,732) Unchanged	€ 96,705 Balance sheet total 2024: € 96,705 ▲ 15% vs 2023 (€ 84,097) Unchanged	€ 78,642 Balance sheet total 2025: € 78,642 ▼ 19% vs 2024 (€ 96,705) Unchanged	▼ 19%

Key figures of GL WOOD, 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 GL WOOD?

What happened at GL WOOD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 26, 2026 New annual accounts for financial year 2025: loss of € 3,852 (▼ € 20,601 vs 2024). Source: NBB ↗
Mar 5, 2019 New establishment in Theux. KBO
Mar 1, 2019 Start of the company according to the CBE. KBO

In short

From € 11,628 loss in 2022 to € 3,852 loss in 2025.

Paid € 9,478 in corporate taxes since 2022.

Best year ever: 2023, with € 18,004 profit.

Original PDFs at the National Bank ↗

Management

Grégory GERARD

GL WOOD

Behind GL WOOD is Grégory GERARD.

Directors

According to the 2025 annual accounts

Grégory GERARD

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Rue Hovémont 129 box 2

4910 Theux

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0721.769.179

VAT number

BE 0721.769.179

Registered office

Rue Hovémont 129 bus 2, 4910 Theux

Names & denominations

GL WOOD

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

1 March 2019

Peppol

Active · Active since 13 Nov 2025

Activities · NACE

Schrijnwerk

Overige bouwinstallatie

Overige gespecialiseerde ontwerpactiviteiten

Vervaardiging van andere meubelen, neg

Overige activiteiten van gespecialiseerde designers

Overige bouwinstallatie, n.e.g.

Vervaardiging van andere meubelen, n.e.g.

View on CBE Public ↗ Annual accounts (NBB) ↗

GL WOOD

Financials

What happened to GL WOOD?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions