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 40 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GLASTO from Menen, company number BE0859650226, closed financial year 2025 with a result of € 12,505 after tax. For that financial year GLASTO recorded a gross margin of € 58,120 and equity of € 171,918. Compared with financial year 2024, the result moved from € 9,587 to € 12,505. 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 February 19, 2026.
€ 171,918
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,505
▲ 30% vs 2024
Profit after tax over the fiscal year.
€ 76,948
▲ 34% 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 € -28,082.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 400
▼ 98% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 478
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 | € 50,829 | € 55,400 | € 53,407 | € 58,120 | ▲ 9% |
| Profit after taxes | € 13,233 | € 16,073 | € 9,587 | € 12,505 | ▲ 30% |
| Equity | € 133,753 | € 149,826 | € 159,412 | € 171,918 | ▲ 8% |
| Total debts | € 211,776 | € 213,694 | € 238,769 | € 219,802 | ▼ 8% |
| Cash | € 253,459 | € 297,170 | € 57,629 | € 76,948 | ▲ 34% |
| Land & buildings | € 88,422 | € 62,503 | € 36,584 | € 10,665 | ▼ 71% |
| Retained profit | € -66,247 | € -50,174 | € -40,588 | € -28,082 | ▲ € 12,505 |
| Balance sheet total | € 345,529 | € 363,520 | € 398,182 | € 391,719 | ▼ 2% |
Key figures of GLASTO, 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 January 2027.
What happened to GLASTO?
What happened at GLASTO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 12,505 (▲ 30% vs 2024). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Menen. KBO
In short
From € 13,233 profit in 2022 to € 12,505 profit in 2025.
Paid € 478 in corporate taxes since 2022.
Best year ever: 2023, with € 16,073 profit.
Management
Behind GLASTO are Filip LOGGHE and Sandy STAESSENS. The same people are also behind Logghe-Staessens. Filip LOGGHE is also behind Imar.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Fabiolalaan 26
8930 Menen
Warande 5
8930 Menen
Active since 3 July 2003
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
- 0859.650.226
- VAT number
- BE 0859.650.226
- Registered office
- Fabiolalaan 26, 8930 Menen
- Names & denominations
- GLASTO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 July 2003
- Peppol
- Active · Active since 27 Jan 2026
- Activities · NACE
Handel in eigen onroerend goed