Financials
Financial year 2026
Glassdesign from Gent, company number BE0885872888, closed financial year 2026 with a result of € 148,419 after tax. For that financial year Glassdesign recorded a gross margin of € 1 million and equity of € 295,658. Compared with financial year 2025, the result moved from € 10,773 to € 148,419. 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 October 1, 2026.
€ 295,658
▲ 1% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 148,419
▲ € 137,647 vs 2025
Profit after tax over the fiscal year.
€ 176,161
▲ 30% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 145,000 paid out
98 % of the profit went to the shareholders, mostly to Glassdesign Group (100 % of the shares). That is where the money ends up.
People and assets in 2026
11.1
Average over the fiscal year, from the social balance sheet.
€ 726,965
▲ 3% vs 2025
€ 65,500 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.
€ 12,430
▼ 45% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 318,750
▼ 11% vs 2025
€ 250,000 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 344,285
▲ 9% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 143,889
▲ 66% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 988,122 | € 1,074,971 | € 843,232 | € 1,023,208 | ▲ 21% |
| Profit after taxes | € 87,277 | € 175,957 | € 10,773 | € 148,419 | ▲ € 137,647 |
| Equity | € 460,509 | € 461,466 | € 292,238 | € 295,658 | ▲ 1% |
| Total debts | € 924,597 | € 907,082 | € 940,556 | € 953,863 | ▲ 1% |
| Cash | € 133,502 | € 203,685 | € 135,390 | € 176,161 | ▲ 30% |
| Land & buildings | € 227,207 | € 149,564 | € 71,921 | € 453 | ▼ 99% |
| Retained profit | € 441,909 | € 442,866 | € 273,638 | € 277,058 | ▲ 1% |
| Dividend | € 76,500 | € 175,000 | € 180,000 | € 145,000 | ▼ 19% |
| Bank debt | € 331,250 | € 340,569 | € 356,250 | € 318,750 | ▼ 11% |
| Balance sheet total | € 1,385,106 | € 1,368,548 | € 1,232,794 | € 1,249,521 | ▲ 1% |
| Employees (FTE) | 12 | 11.7 | 11.1 | 11.1 |
Key figures of Glassdesign, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 30 January 2028.
What happened to Glassdesign?
What happened at Glassdesign in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 148,419 (▲ € 137,647 vs 2025). Source: NBB ↗
- Glassdesign Group BV became a director. NBB
- New establishment in Gent. KBO
- New establishment in Ronse. KBO
- Start of the company according to the CBE. KBO
In short
From € 87,277 profit in 2023 to € 148,419 profit in 2026.
Paid € 100,316 in corporate taxes since 2023.
Best year ever: 2024, with € 175,957 profit.
On average € 92,200 of value added per employee in 2026.
Management
Behind Glassdesign is Glassdesign Group BV. The shares are held by Glassdesign Group (100%).
Directors
According to the 2026 annual accounts
Director · represented by Frank De Ryck
since 2022
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industrieweg 200
9030 Gent
Schoonboeke 6
9600 Ronse
Active since 8 January 2007
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0885.872.888
- VAT number
- BE 0885.872.888
- Registered office
- Industrieweg 200, 9030 Gent
- Names & denominations
- Glassdesign
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 2006
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Vormen en bewerken van vlakglas
Vervaardiging en bewerking van overig glas, inclusief technisch glaswerk
Vervaardiging en bewerking van ander glas (inclusief technisch glaswerk)
Vervaardiging van metalen constructiewerken en delen daarvan
Schrijnwerk
Vervaardiging van metalen constructiewerken en onderdelen daarvan
Schrijnwerk van hout of van kunststof