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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
D-GLAS from Oostende, company number BE0882777994, closed financial year 2025 with a result of € -1.8 million after tax. For that financial year D-GLAS recorded revenue of € 10.4 million and equity of € -183,194. Compared with financial year 2024, the result moved from € -1.2 million to € -1.8 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ -183,194
▼ € 1.8 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.8 million
▼ 51 % more loss than in 2024
Profit after tax over the fiscal year.
€ 325,270
▼ 52% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -327,060.
People and assets in 2025
45.5
▼ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.4 million
€ 73,700 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.
€ 921,496
▼ 19% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 7.1 million
▼ 13% vs 2024
€ 933,132 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 1.4 million
▲ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 68 days on average.
€ 281,104
▼ 19% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 13,925,838 | € 12,693,675 | € 10,390,625 | ▼ 18% |
| Gross margin | € 3,312,014 | - | - | - | |
| Profit after taxes | € 13,320 | € 192,861 | € -1,171,740 | € -1,774,351 | ▼ € 602,611 |
| Equity | € 2,570,036 | € 2,762,897 | € 1,591,157 | € -183,194 | ▼ € 1.8 million |
| Total debts | € 9,377,786 | € 14,134,859 | € 15,614,674 | € 14,586,037 | ▼ 7% |
| Cash | € 342,220 | € 425,682 | € 684,577 | € 325,270 | ▼ 52% |
| Land & buildings | € 4,370,926 | € 5,179,187 | € 7,320,133 | € 7,268,880 | ▼ 1% |
| Retained profit | € 2,426,171 | € 2,619,032 | € 1,447,292 | € -327,060 | ▼ € 1.8 million |
| Bank debt | € 5,181,999 | € 7,050,939 | € 8,086,347 | € 7,064,884 | ▼ 13% |
| Balance sheet total | € 12,038,014 | € 16,984,839 | € 17,289,803 | € 14,483,705 | ▼ 16% |
| Employees (FTE) | 38.2 | 46.9 | 47.5 | 45.5 | ▼ 2 |
Key figures of D-GLAS, 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 D-GLAS?
What happened at D-GLAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1.8 million. filed late Source: NBB ↗
- Ingelbeen BV became a director. NBB
- Veerle Naessens became a director. NBB
- Sem Naessens became a director. NBB
- Filip Van Hautegem became a director. NBB
- De Roose Projects NV became a director. NBB
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,320 profit in 2022 to € 1.8 million loss in 2025.
Paid € 8,919 in corporate taxes since 2022.
Best year ever: 2023, with € 192,861 profit.
On average € 86,700 of value added per employee in 2022.
A new publication or filing at D-GLAS? We notify you, reason included.
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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
The stake of WILLY NAESSENS BUILD comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
D-GLASBehind D-GLAS are Ingelbeen BV, Veerle Naessens, Sem Naessens, Filip Van Hautegem and De Roose Projects NV. The shares are held by WILLY NAESSENS BUILD (100%).
Directors
According to the 2025 annual accounts
Director · represented by Dennis Ingelbeen
Also active at: Megaton, Groeninghe, Bekaert Depla, URTEX, GOSSEYE, WILLY NAESSENS INDUSTRIEBOUW, BELTAP, EDIBO +35 more
since 2025
Veerle Naessens
Director
Also active at: Megaton, Groeninghe, UpFresh, Bekaert Depla, URTEX, FRANKY, GOSSEYE, WILLY NAESSENS INDUSTRIEBOUW +50 more
since 2023
Sem Naessens
Director
Also active at: Megaton, Groeninghe, Bekaert Depla, URTEX, GOSSEYE, WILLY NAESSENS INDUSTRIEBOUW, BELTAP, OLYMPIC FIRE +43 more
since 2023
Filip Van Hautegem
Director
Also active at: Megaton, Groeninghe, Bekaert Depla, URTEX, GOSSEYE, WILLY NAESSENS INDUSTRIEBOUW, BELTAP, OLYMPIC FIRE +38 more
since 2023
Director · represented by Dirk Deroose
Also active at: Megaton, Groeninghe, UpFresh, Bekaert Depla, URTEX, FRANKY, GOSSEYE, WILLY NAESSENS INDUSTRIEBOUW +61 more
since 2023
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Heerweg 7
8400 Oostende
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0882.777.994
- VAT number
- BE 0882.777.994
- Registered office
- Heerweg 7, 8400 Oostende
- Names & denominations
- D-GLAS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 July 2006
- Peppol
- Active · Active since 27 Nov 2025
- Activities · NACE
Glaszetten
Vervaardiging van holglas
Schrijnwerk