ACTIVE

CHARLES HAERENS

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
186,1 k €
-56.3% YoY
Gross margin
954 k €
-17.3% YoY
Equity
1,2 M €
+17.9% YoY
Workforce
8,8 ETP
+25.7% YoY

What does CHARLES HAERENS do?

CHARLES HAERENS is a Public limited company incorporated in 1959. Its main activity is: Shaping and processing of flat glass. Its registered office is in Gent. It employs on average 8,8 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0400.089.465
Incorporation
01/01/1959
Legal form
Public limited company
Registered office
Zeilschipstraat 9
9000 Gent · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
8,8 ETP
Activities (NACE)
23120Shaping and processing of flat glass· main23150Manufacture of glass and glass products23190Manufacture and processing of other glass, including technical glassware23150Manufacture of glass and glass products23700Cutting, shaping and finishing of stone46834Wholesale trade, except of motor vehicles and motorcycles+3
Joint committees (4)
  • 100 Aanvullend PC voor werklieden
  • 115
  • 200
  • 218 Aanvullend Nationaal PC voor bedienden
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201820172016201520142013201220112010200920082007
Income statement
Gross margin954 k €1,2 M €1,9 M €1,6 M €1,4 M €955,4 k €1,1 M €502,6 k €869,4 k €1 M €1,2 M €1,1 M €678,4 k €656,1 k €674,6 k €467,2 k €499,4 k €856 k €1 M €1,3 M €
EBITDA339,7 k €706 k €1,5 M €1,3 M €1,1 M €712,7 k €726,4 k €153,7 k €500,3 k €518,6 k €754,3 k €653,6 k €283,8 k €340,5 k €345,1 k €166,4 k €215,6 k €598 k €766,5 k €1 M €
Operating result250,9 k €607,4 k €1,5 M €1,2 M €1,1 M €621,5 k €678,6 k €238,9 k €461,5 k €432,3 k €722,5 k €625,8 k €251,3 k €312,6 k €314,4 k €128,9 k €180,5 k €556,9 k €735 k €992,2 k €
Net result186,1 k €425,6 k €1,1 M €872,2 k €823,6 k €468,8 k €544,8 k €198,3 k €428,2 k €340,8 k €601 k €504,4 k €247 k €294,1 k €337,6 k €225,7 k €261,4 k €457,7 k €531,4 k €692,4 k €
Balance sheet
Equity1,2 M €1 M €1 M €871,5 k €999,3 k €925,7 k €1,4 M €2,8 M €7,1 M €6,7 M €6,3 M €5,7 M €5,2 M €5 M €4,7 M €4,4 M €4,1 M €3,9 M €3,4 M €2,9 M €
Total assets2,1 M €2,1 M €3,3 M €3 M €2,9 M €2,7 M €5,1 M €8,1 M €8,5 M €8,1 M €7,5 M €7,4 M €7,1 M €6,7 M €6,3 M €6,4 M €5,9 M €6,3 M €6 M €6,5 M €
Cash8 k €4,9 k €42,7 k €26,8 k €139 k €14,6 k €13,1 k €76 k €124,7 k €127,6 k €42 k €77,3 k €58,8 k €400,5 k €515,5 k €81,9 k €177,2 k €64,9 k €507,1 k €199,1 k €
Debts819,9 k €1 M €2,1 M €2,2 M €1,9 M €1,8 M €3,7 M €5,3 M €1,4 M €1,4 M €1,2 M €1,6 M €1,8 M €1,7 M €1,6 M €2 M €1,8 M €2,4 M €2,6 M €3,6 M €
Other
Workforce8,8 ETP7,0 ETP4,8 ETP4,6 ETP5,0 ETP5,6 ETP7,3 ETP8,3 ETP8,0 ETP9,8 ETP9,0 ETP8,3 ETP7,6 ETP6,3 ETP6,5 ETP6,1 ETP6,1 ETP5,5 ETP4,9 ETP5,5 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 12 ended

Active mandates

HAERENS GROUP

Director · since 29 novembre 2023 · until 11 juin 2030 · 0475.889.423

Represented by Steven De Tollenaere

Active

Ended mandates

Carole MACHELART

Managing director · since 27 juin 2018 · until 29 novembre 2023

Ended
Carole MACHELART

Managing director · since 27 juin 2018 · until 28 juin 2024

Ended
HAERENS GLASS

Managing director · since 27 juin 2018 · until 13 juillet 2021 · 0443.722.837

Represented by Carole Machelart

Ended
HAERENS GLASS

Managing director · since 27 juin 2018 · until 28 juin 2024 · 0443.722.837

Represented by Carole Machelart

Ended
At this address

Other companies at this address

CompanyCBE no.
Eribel Project● Active
0822.092.816
ERIBEL SOLID● Active
0765.664.055
HAERENS GLASS● Active
0443.722.837
HAERENS GROUP● Active
0475.889.423
Immo Rijkevorsel● Active
1021.147.704
Immo Wondelgemse Meersen● Active
0728.597.385
Meyvaert● Active
0400.098.274
NOORDLEASE● Active
0884.693.349
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date06/07/202630/06/202516/07/202404/07/202307/07/202215/07/2021
General meeting25/06/202623/06/202511/07/202430/06/202330/06/202224/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202525/06/202606/07/2026DutchPDF
Abridged model31/12/202423/06/202530/06/2025DutchPDF
Abridged model31/12/202311/07/202416/07/2024DutchPDF
Abridged model31/12/202230/06/202304/07/2023DutchPDF
Abridged model31/12/202130/06/202207/07/2022DutchPDF
Abridged model31/12/202024/06/202115/07/2021DutchPDF
Abridged model31/12/201925/06/202017/07/2020DutchPDF
Abridged model31/12/201827/06/201930/08/2019DutchPDF
Abridged model31/03/201827/09/201805/11/2018DutchPDF
Abridged model31/03/201728/09/201710/10/2017DutchPDF
Abridged model31/03/201614/06/201611/07/2016DutchPDF
Abridged model31/03/201509/06/201527/06/2015DutchPDF
Abridged model31/03/201410/06/201406/07/2014DutchPDF
Abridged model31/03/201311/06/201310/07/2013DutchPDF
Abridged model31/03/201212/06/201209/07/2012DutchPDF
Abridged model31/03/201114/06/201110/07/2011DutchPDF
Abridged model31/03/201008/06/201007/07/2010DutchPDF
Abridged model31/03/200909/06/200924/06/2009DutchPDF
Abridged model31/03/200810/06/200814/07/2008DutchPDF
Abridged model31/03/200712/06/200716/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 12 ended

Active mandates

HAERENS GROUP

Director · since 29 novembre 2023 · until 11 juin 2030 · 0475.889.423

Represented by Steven De Tollenaere

Active

Ended mandates

Carole MACHELART

Managing director · since 27 juin 2018 · until 29 novembre 2023

Ended
Carole MACHELART

Managing director · since 27 juin 2018 · until 28 juin 2024

Ended
HAERENS GLASS

Managing director · since 27 juin 2018 · until 13 juillet 2021 · 0443.722.837

Represented by Carole Machelart

Ended
HAERENS GLASS

Managing director · since 27 juin 2018 · until 28 juin 2024 · 0443.722.837

Represented by Carole Machelart

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring22/01/2026
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other21/11/2025
    DIVERSEN
    PDF
  • Mandates24/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/11/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/07/2020
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/01/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN - BOEKJAAR
    PDF
  • Mandates24/07/2012
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025186,1 k €↓
  2. 2024
    Annual accounts 2024425,6 k €↓
  3. 2023
    Annual accounts 20231,1 M €↑
  4. 2022
    Annual accounts 2022872,2 k €↑
  5. 2021
    Annual accounts 2021823,6 k €↑
  6. 2020
    Annual accounts 2020468,8 k €↓
  7. 2019
    Annual accounts 2019544,8 k €↑
  8. 2018
    Annual accounts 2018198,3 k €↓
  9. 2018
    Annual accounts 2018428,2 k €↑
  10. 2017
    Annual accounts 2017340,8 k €↓
  11. 2016
    Annual accounts 2016601 k €↑
  12. 2015
    Annual accounts 2015504,4 k €↑
  13. 2014
    Annual accounts 2014247 k €↓
  14. 2013
    Annual accounts 2013294,1 k €↓
  15. 2012
    Annual accounts 2012337,6 k €↑
  16. 2011
    Annual accounts 2011225,7 k €↓
  17. 2010
    Annual accounts 2010261,4 k €↓
  18. 2009
    Annual accounts 2009457,7 k €↓
  19. 2008
    Annual accounts 2008531,4 k €↓
  20. 2007
    Annual accounts 2007692,4 k €
  21. 01/01/1959
    IncorporationPublic limited company