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 31 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VERHASSELT GLENN from Mechelen, company number BE0847288763, closed financial year 2025 with a result of € 260,086 after tax. For that financial year VERHASSELT GLENN recorded a gross margin of € 474,595 and equity of € 665,784. Compared with financial year 2024, the result moved from € 199,921 to € 260,086. 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 July 17, 2026.
€ 665,784
▲ 51% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 260,086
▲ 30% vs 2024
Profit after tax over the fiscal year.
€ 51,055
▼ 74% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 35,000 paid out
13 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 532,680
▲ 96% vs 2024
Of which on lease € 259,111.
Debts at end 2025
€ 496,894
▲ 136% vs 2024
€ 100,953 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 59,365
▼ 37% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 81,023
▲ 38% 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 | € 149,585 | € 381,965 | € 407,544 | € 474,595 | ▲ 16% |
| Profit after taxes | € 61,566 | € 204,507 | € 199,921 | € 260,086 | ▲ 30% |
| Equity | € 142,877 | € 312,384 | € 440,698 | € 665,784 | ▲ 51% |
| Total debts | € 902,388 | € 307,620 | € 381,455 | € 683,218 | ▲ 79% |
| Cash | € 14,103 | € 290,033 | € 193,061 | € 51,055 | ▼ 74% |
| Land & buildings | - | € 8,809 | € 5,230 | € 2,732 | ▼ 48% |
| Retained profit | € 130,477 | € 299,984 | € 428,298 | € 653,384 | ▲ 53% |
| Dividend | € 0 | € 35,000 | € 71,607 | € 35,000 | ▼ 51% |
| Bank debt | € 799,681 | € 174,917 | € 210,927 | € 496,894 | ▲ 136% |
| Balance sheet total | € 1,045,265 | € 620,004 | € 822,153 | € 1,349,002 | ▲ 64% |
Key figures of VERHASSELT GLENN, 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 VERHASSELT GLENN?
What happened at VERHASSELT GLENN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 260,086 (▲ 30% vs 2024). Source: NBB ↗
- New establishment in Mechelen. KBO
- Glenn Verhasselt became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 61,566 profit in 2022 to € 260,086 profit in 2025.
Paid € 265,926 in corporate taxes since 2022.
Best year ever: 2025, with € 260,086 profit.
Paid out € 141,607 in dividends to the owners in total.
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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 VERHASSELT GLENN is Glenn Verhasselt. The shares are held by Glenn Verhasselt.
Directors
According to the 2025 annual accounts
since 2012
Shareholders
Glenn Verhasselt · director
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Tiendenschuurstraat(LST) 27
2811 Mechelen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0847.288.763
- VAT number
- BE 0847.288.763
- Registered office
- Tiendenschuurstraat(LST) 27, 2811 Mechelen
- Names & denominations
- VERHASSELT GLENN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 July 2012
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Schrijnwerk
Bouwrijp maken van terreinen
Overige werkzaamheden in verband met de afwerking van gebouwen
Overige bouwinstallatie
Vervaardiging van ander schrijn- en timmerwerk
Overige bouwinstallatie, n.e.g.