Financials
Financial year 2024
GLEVICO from Gistel, company number BE0733938028, closed financial year 2024 with a result of € 51,228 after tax. For that financial year GLEVICO recorded a gross margin of € 82,257 and equity of € 306,997. Compared with financial year 2023, the result moved from € 42,206 to € 51,228. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 18, 2025.
€ 306,997
▲ 20% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 51,228
▲ 21% vs 2023
Profit after tax over the fiscal year.
€ 101,963
▲ 64% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 151,997.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 24,444
▼ 24% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 3,389
Loans from banks and other lenders, long and short.
€ 283
Supplier invoices still open on the last day of the fiscal year.
€ 35,421
▲ 6% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 29,899 | € 35,311 | € 63,474 | € 82,257 | ▲ 30% |
| Profit after taxes | € 20,200 | € 25,915 | € 42,206 | € 51,228 | ▲ 21% |
| Equity | € 187,649 | € 213,564 | € 255,769 | € 306,997 | ▲ 20% |
| Total debts | € 25,498 | € 25,591 | € 33,428 | € 39,094 | ▲ 17% |
| Cash | € 45,060 | € 56,688 | € 62,024 | € 101,963 | ▲ 64% |
| Retained profit | € 32,649 | € 58,564 | € 100,769 | € 151,997 | ▲ 51% |
| Bank debt | € 0 | € 0 | € 0 | € 3,389 | |
| Balance sheet total | € 213,147 | € 239,155 | € 289,198 | € 346,091 | ▲ 20% |
Key figures of GLEVICO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to GLEVICO?
What happened at GLEVICO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 51,228 (▲ 21% vs 2023). filed late Source: NBB ↗
- New establishment in Gistel. KBO
- Start of the company according to the CBE. KBO
- Glenn Vierstraete became a director. NBB
In short
From € 20,200 profit in 2021 to € 51,228 profit in 2024.
Paid € 51,712 in corporate taxes since 2021.
Best year ever: 2024, with € 51,228 profit.
Management
The stake of BERTEVELDE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GLEVICOBehind GLEVICO is Glenn Vierstraete. The shares are held by BERTEVELDE (49.9%). It owns 49.9% of Bertevelde itself.
Directors
According to the 2024 annual accounts
since 2019
Shareholders
49.9%
Participations
49.9%
Establishments
Establishment units
Physical locations of this company
Konijnenboslaan 8
8470 Gistel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Details
- Company number
- 0733.938.028
- VAT number
- BE 0733.938.028
- Registered office
- Konijnenboslaan 8, 8470 Gistel
- Names & denominations
- GLEVICO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 September 2019
- Peppol
- Active · Active since 21 Nov 2025
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