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 14 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SAFETYGLASS IMMO from Fleurus, company number BE0788678294, closed financial year 2025 with a result of € 94,132 after tax. For that financial year SAFETYGLASS IMMO recorded revenue of € 159,120 and equity of € 393,871. Compared with financial year 2024, the result moved from € 76,074 to € 94,132. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 19, 2026.
€ 393,871
▲ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 94,132
▲ 24% vs 2024
Profit after tax over the fiscal year.
€ 9,380
▲ € 7,425 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 € 312,647.
Debts at end 2025
€ 1.2 million
▼ 10% vs 2024
€ 133,694 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 7,379
▲ € 6,267 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 27,798
▲ 178% 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 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 154,128 | € 159,120 | ▲ 3% |
| Gross margin | € 70,290 | € 142,373 | € 160,334 | € 148,461 | ▼ 7% |
| Profit after taxes | € 35,981 | € 52,331 | € 76,074 | € 94,132 | ▲ 24% |
| Equity | € 182,686 | € 226,359 | € 299,740 | € 393,871 | ▲ 31% |
| Total debts | € 1,540,277 | € 1,476,376 | € 1,348,060 | € 1,238,419 | ▼ 8% |
| Cash | € 57,385 | € 3,212 | € 1,954 | € 9,380 | ▲ € 7,425 |
| Land & buildings | € 124,223 | € 95,878 | € 93,663 | € 93,088 | ▼ 1% |
| Retained profit | € 90,109 | € 142,441 | € 218,515 | € 312,647 | ▲ 43% |
| Bank debt | € 1,537,477 | € 1,470,630 | € 1,336,937 | € 1,203,243 | ▼ 10% |
| Balance sheet total | € 1,722,963 | € 1,702,734 | € 1,647,800 | € 1,632,291 | ▼ 1% |
Key figures of SAFETYGLASS IMMO, 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 SAFETYGLASS IMMO?
What happened at SAFETYGLASS IMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jean-Marc Aubault stepped down as director. NBB
- Resiglass NV stepped down as director. NBB
- Sanbo BV stepped down as director. NBB
- Christine Riou stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 94,132 (▲ 24% vs 2024). filed late Source: NBB ↗
- Jean-Marc Aubault became a director. NBB
- Resiglass NV became a director. NBB
- Sanbo BV became a director. NBB
In short
From € 35,981 profit in 2022 to € 94,132 profit in 2025.
Paid € 80,025 in corporate taxes since 2022.
Best year ever: 2025, with € 94,132 profit.
Management
The stake of GLASS INVEST, EUROGLAS - DE LANDTSHEER comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SAFETYGLASS IMMOThe shares are held by GLASS INVEST (100%) and EUROGLAS - DE LANDTSHEER (0%).
Directors
According to the 2025 annual accounts
since 2026 · until 2029
Managing director · represented by Geert De Landtsheer
Also active at: EUROGLAS - DE LANDTSHEER, JET - CAR, Flora World, ALSIC, SAFETYGLASS, IGP Immo, GLASS INVEST, GLASS TRANSPORT +8 more
since 2022 · until 2028
since 2022 · until 2028
Managing director · represented by Frederik De Knijf
Also active at: EUROGLAS - DE LANDTSHEER, SAFETYGLASS, IGP Immo, Euroglas Immo, INDUSTRIAL GLASS PROCESSING, H² ESTATE, INTERNATIONAL GLASS FITTINGS EUROPE, Euroglas Villers
since 2023 · until 2029
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Avenue de Spirou(FL) 40
6220 Fleurus
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0788.678.294
- VAT number
- BE 0788.678.294
- Registered office
- Avenue de Spirou(FL) 40, 6220 Fleurus
- Names & denominations
- SAFETYGLASS IMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 July 2022
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Handel in eigen onroerend goed