Financials
Financial year 2025
GLIM SERVICE from Bilzen-Hoeselt, company number BE0825526913, closed financial year 2025 with a result of € 88,231 after tax. For that financial year GLIM SERVICE recorded a gross margin of € 1.9 million and equity of € 526,660. Compared with financial year 2024, the result moved from € 85,439 to € 88,231. 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 August 28, 2026.
€ 526,660
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 88,231
▲ 3% vs 2024
Profit after tax over the fiscal year.
€ 204,186
▼ 37% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 84,369 paid out
96 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
20.8
▲ 4.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▲ 26% vs 2024
€ 63,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 3.2 million
▼ 5% vs 2024
Of which on lease € 3.2 million.
Debts at end 2025
€ 3.9 million
€ 318,199 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 603,347
▼ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 296,979
▲ 86% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,074,839 | € 1,557,040 | € 1,619,373 | € 1,939,414 | ▲ 20% |
| Profit after taxes | € 22,418 | € 248,803 | € 85,439 | € 88,231 | ▲ 3% |
| Equity | € 238,555 | € 487,358 | € 522,798 | € 526,660 | ▲ 1% |
| Total debts | € 5,056,042 | € 5,078,108 | € 4,921,954 | € 5,156,783 | ▲ 5% |
| Cash | € 341,969 | € 188,697 | € 322,744 | € 204,186 | ▼ 37% |
| Retained profit | € 232,355 | € 481,158 | € 516,598 | € 520,460 | ▲ 1% |
| Dividend | € 0 | € 0 | € 50,000 | € 84,369 | ▲ 69% |
| Bank debt | € 4,345,115 | € 4,130,475 | € 3,914,952 | € 3,909,795 | |
| Balance sheet total | € 5,294,598 | € 5,565,466 | € 5,444,751 | € 5,683,444 | ▲ 4% |
| Employees (FTE) | 17.6 | 18 | 16.6 | 20.8 | ▲ 4.2 |
Key figures of GLIM SERVICE, 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 July 2027.
What happened to GLIM SERVICE?
What happened at GLIM SERVICE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 88,231 (▲ 3% vs 2024). filed late Source: NBB ↗
- CRUVER BV became a director. NBB
- New establishment in Bilzen-Hoeselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,418 profit in 2022 to € 88,231 profit in 2025.
Paid € 58,104 in corporate taxes since 2022.
Best year ever: 2023, with € 248,803 profit.
On average € 93,200 of value added per employee in 2025.
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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
Behind GLIM SERVICE are Kurt Vervalle and CRUVER BV. Kurt Vervalle is also behind Cruver. CRUVER BV is also behind Humco.
Establishments
Establishment units
Physical locations of this company
Twaalfbunderweg 10
3740 Bilzen-Hoeselt
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
- 0825.526.913
- VAT number
- BE 0825.526.913
- Registered office
- Twaalfbunderweg 10, 3740 Bilzen-Hoeselt
- Names & denominations
- GLIM SERVICE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 April 2010
- Peppol
- Active · Active since 23 Sept 2025
- Activities · NACE
Bouw van civieltechnische werken voor vloeistoffen, neg
Vervaardiging van ander schrijn- en timmerwerk
Overige bouwinstallatie
Coating van metalen
Oppervlaktebehandeling van metalen
Overige bouwinstallatie, n.e.g.