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 3 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
Glassdesign Group from Gent, company number BE0791529601, closed financial year 2026 with a result of € 119,787 after tax. For that financial year Glassdesign Group recorded a gross margin of € -33,553 and equity of € 1.1 million. Compared with financial year 2025, the result moved from € 99,146 to € 119,787. 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 October 1, 2026.
€ 1.1 million
▲ 12% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 119,787
▲ 21% vs 2025
Profit after tax over the fiscal year.
€ 265
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 222,016.
Debts at end 2026
€ 500,200
▼ 22% vs 2025
Loans from banks and other lenders, long and short.
€ 22,347
▼ 1% vs 2025
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 17,044 | € -26,416 | € 43,623 | € -33,553 | ▼ € 77,177 |
| Profit after taxes | € 537 | € 2,545 | € 99,146 | € 119,787 | ▲ 21% |
| Equity | € 900,537 | € 903,082 | € 1,002,228 | € 1,122,016 | ▲ 12% |
| Total debts | € 1,023,147 | € 1,020,901 | € 919,270 | € 800,107 | ▼ 13% |
| Cash | € 2,715 | € 1,590 | € 265 | € 265 | |
| Retained profit | € 537 | € 3,082 | € 102,228 | € 222,016 | ▲ 117% |
| Bank debt | € 928,600 | € 785,800 | € 643,000 | € 500,200 | ▼ 22% |
| Balance sheet total | € 1,923,684 | € 1,923,983 | € 1,921,499 | € 1,922,123 |
Key figures of Glassdesign Group, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 30 January 2028.
What happened to Glassdesign Group?
What happened at Glassdesign Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 119,787 (▲ 21% vs 2025). Source: NBB ↗
- New establishment in Gent. KBO
- ARCUS BV became a director. NBB
- Cember BV became a director. NBB
- Ludovic Constandt became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 537 profit in 2023 to € 119,787 profit in 2026.
Paid € 179 in corporate taxes since 2023.
Best year ever: 2026, with € 119,787 profit.
Management
The stake of CEMBER comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Glassdesign GroupBehind Glassdesign Group are ARCUS BV, Cember BV and Ludovic Constandt. The shares are held by CEMBER (33.3%).
Directors
According to the 2026 annual accounts
Shareholders
33.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industrieweg 200
9030 Gent
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.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Domain
Domain
glassdesign.be
Registered
2004-10-26
Website info
Features
Security
Network
Details
- Company number
- 0791.529.601
- VAT number
- BE 0791.529.601
- Registered office
- Industrieweg 200, 9030 Gent
- Names & denominations
- Glassdesign Group
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 September 2022
- Peppol
- Active · Active since 9 Dec 2025
- Contact
- glassdesign.be
- Activities · NACE
Activiteiten van holdings
Holdings
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