Financials
Financial year 2025
GLENN VANHASSEL from Pajottegem, company number BE0824916704, closed financial year 2025 with a result of € 8,634 after tax. For that financial year GLENN VANHASSEL recorded a gross margin of € 44,908 and equity of € 75,233. Compared with financial year 2024, the result moved from € 4,751 to € 8,634. 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 July 15, 2026.
€ 75,233
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8,634
▲ 82% vs 2024
Profit after tax over the fiscal year.
€ 66,163
▲ 10% 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 € 56,633.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 58,414
▲ € 44,326 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 140,373
▲ 138% vs 2024
€ 36,140 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1,319
▼ 66% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 27,142
▼ 9% 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 | |
|---|---|---|---|---|---|
| Gross margin | € 59,163 | € 40,002 | € 31,250 | € 44,908 | ▲ 44% |
| Profit after taxes | € 28,853 | € 10,294 | € 4,751 | € 8,634 | ▲ 82% |
| Equity | € 61,354 | € 61,848 | € 66,599 | € 75,233 | ▲ 13% |
| Total debts | € 114,486 | € 96,528 | € 94,445 | € 172,585 | ▲ 83% |
| Cash | € 41,405 | € 30,101 | € 60,412 | € 66,163 | ▲ 10% |
| Land & buildings | € 73,406 | € 63,573 | € 55,914 | € 48,255 | ▼ 14% |
| Retained profit | € 42,754 | € 43,248 | € 47,999 | € 56,633 | ▲ 18% |
| Dividend | € 12,800 | € 9,800 | € 0 | € 0 | |
| Bank debt | € 65,041 | € 68,778 | € 59,074 | € 140,373 | ▲ 138% |
| Balance sheet total | € 175,841 | € 158,376 | € 161,044 | € 247,818 | ▲ 54% |
Key figures of GLENN VANHASSEL, 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 GLENN VANHASSEL?
What happened at GLENN VANHASSEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 8,634 (▲ 82% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Ninove. KBO
In short
From € 28,853 profit in 2022 to € 8,634 profit in 2025.
Paid € 13,901 in corporate taxes since 2022.
Best year ever: 2022, with € 28,853 profit.
Paid out € 22,600 in dividends to the owners in total.
Management
Behind GLENN VANHASSEL is Glenn Vanhassel.
Directors
According to the 2025 annual accounts
Glenn Vanhassel
Director
Establishments
Establishment units
Physical locations of this company
Kattestraat 14
1755 Pajottegem
Pastorijstraat 12
9403 Ninove
Active since 9 April 2010
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0824.916.704
- VAT number
- BE 0824.916.704
- Registered office
- Kattestraat 14, 1755 Pajottegem
- Names & denominations
- GLENN VANHASSEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 April 2010
- Peppol
- Active · Active since 6 Feb 2024
- Activities · NACE
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