Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 28 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Glaswerken Devos from Wingene, company number BE0738720128, closed financial year 2025 with a result of € 10,423 after tax. For that financial year Glaswerken Devos recorded a gross margin of € 42,894 and equity of € 711. Compared with financial year 2024, the result moved from € -1,379 to € 10,423. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 711
▲ € 10,423 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,423
▲ still € 1,379 loss in 2024
Profit after tax over the fiscal year.
€ 2,905
▲ € 2,820 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -4,289.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,194
▼ 71% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 183,314
€ 15,504 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 26,819
▼ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,083
▲ 55% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 27,543 | € 45,805 | € 38,327 | € 42,894 | ▲ 12% |
| Profit after taxes | € -7,815 | € 7,150 | € -1,379 | € 10,423 | ▲ € 11,802 |
| Equity | € -15,483 | € -8,333 | € -9,712 | € 711 | ▲ € 10,423 |
| Total debts | € 314,774 | € 273,051 | € 246,302 | € 221,114 | ▼ 10% |
| Cash | € 5,344 | € 4,649 | € 85 | € 2,905 | ▲ € 2,820 |
| Land & buildings | € 239,047 | € 227,175 | € 212,199 | € 197,222 | ▼ 7% |
| Retained profit | € -20,483 | € -13,333 | € -14,712 | € -4,289 | ▲ € 10,423 |
| Bank debt | € 223,958 | € 206,785 | € 183,683 | € 183,314 | |
| Balance sheet total | € 299,291 | € 264,718 | € 236,590 | € 221,825 | ▼ 6% |
Key figures of Glaswerken Devos, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to Glaswerken Devos?
What happened at Glaswerken Devos in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 10,423. Source: NBB ↗
- New establishment in Tielt. KBO
- Wim Devos became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 7,815 loss in 2022 to € 10,423 profit in 2025.
Paid € 12,913 in corporate taxes since 2022.
Best year ever: 2025, with € 10,423 profit.
A new publication or filing at Glaswerken Devos? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Wim Devos
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Ruiseledesteenweg 128
8755 Wingene
Straatakker 5
8700 Tielt
Active since 4 December 2019
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0738.720.128
- VAT number
- BE 0738.720.128
- Registered office
- Ruiseledesteenweg 128, 8755 Wingene
- Names & denominations
- Glaswerken Devos
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 December 2019
- Peppol
- Active · Active since 24 Nov 2025
- Activities · NACE
Glaszetten
Handelsbemiddeling in de groothandel in andere specifieke goederen
Metselwerk
Installatie van isolatie
Ondersteunende activiteiten in verband met de veeteelt
Groothandel in levend vee
Schrijnwerk
Vervaardiging van glasvezels
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