ACTIVE

GLASHANDEL DE SMAELE

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Financial year 2024 · Closed on 31/12/2024

Net result93,2 k €-32,8 %over 1 year

Gross margin1 M €-8,0 %over 1 year

Equity2,9 M €-1,5 %over 1 year

Workforce15,3 ETP-18,6 %over 1 year

Identity

Source · BCE/KBO

GLASHANDEL DE SMAELE is a Public limited company incorporated in 1968. Its registered office is in Aalst. It employs on average 15,3 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0400.289.108
Incorporation: 01/01/1968
Legal form: Public limited company
Registered office: Dokter André Goffaertsstraat 5
9300 Aalst · FlandreSee on map
Contributed capital: 62 000,00 €
Latest accounts: 31/12/2024
Average workforce: 15,3 ETP

Joint committees (4)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

	2024		2023		2022		2021		2020
Income statement
Gross margin	1 M €	-8.0%	1,1 M €	+16.8%	954 k €	+10.1%	866,1 k €	-5.8%	919,1 k €
EBITDA	251,3 k €	-22.2%	322,9 k €	+38.1%	233,7 k €	+10.6%	211,4 k €	+17.6%	179,7 k €
Operating result	127,6 k €	-37.4%	203,8 k €	+59.4%	127,9 k €	+27.1%	100,6 k €	+11.2%	90,4 k €
Net result	93,2 k €	-32.8%	138,8 k €	+1.1%	137,3 k €	+68.3%	81,6 k €	+6.6%	76,5 k €
Balance sheet
Equity	2,9 M €	-1.5%	2,9 M €	+5.0%	2,8 M €	-21.0%	3,5 M €	-4.9%	3,7 M €
Total assets	3,5 M €	-3.0%	3,6 M €	+0.2%	3,6 M €	-20.4%	4,6 M €	+1.6%	4,5 M €
Cash	396,9 k €	-5.7%	421 k €	+64.9%	255,3 k €	-35.3%	394,3 k €	-17.3%	476,8 k €
Debts	655,6 k €	-8.9%	719,9 k €	-15.3%	849,6 k €	-18.2%	1 M €	+32.5%	783,7 k €
Other
Workforce	15,3 ETP	-18.6%	18,8 ETP	-2.1%	19,2 ETP	+1.6%	18,9 ETP	+4.4%	18,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 25 ended

Active mandates

Nina Van De Vyver

Director · since 27 janvier 2022 · until 26 janvier 2028

Active

Stefan Verhaeghe

Director · since 27 janvier 2022 · until 15 mai 2028

Active

Ended mandates

Nina Van De Vyver

Managing director · since 27 janvier 2022 · until 15 mai 2028

Ended

Nina Van De Vyver

Managing director · since 26 septembre 2019

Ended

Stefan Verhaeghe

Director · since 26 septembre 2019

Ended

Stefan Verhaeghe

Director · since 28 juillet 2014 · until 21 mai 2019

Ended

Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	01/10/2025	08/10/2024	19/10/2023	27/10/2022	29/10/2021	25/11/2020
General meeting	30/09/2025	07/10/2024	06/10/2023	10/10/2022	27/10/2021	24/11/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	30/09/2025	01/10/2025	Dutch	PDF
Abridged model	31/12/2023	07/10/2024	08/10/2024	Dutch	PDF
Abridged model	31/12/2022	06/10/2023	19/10/2023	Dutch	PDF
Abridged model	31/12/2021	10/10/2022	27/10/2022	Dutch	PDF
Abridged model	31/12/2020	27/10/2021	29/10/2021	Dutch	PDF
Abridged model	31/12/2019	24/11/2020	25/11/2020	Dutch	PDF
Abridged model	31/12/2018	26/09/2019	27/09/2019	Dutch	PDF
Abridged model	31/12/2017	25/09/2018	25/09/2018	Dutch	PDF
Abridged model	31/12/2016	27/09/2017	27/09/2017	Dutch	PDF
Abridged model	31/12/2015	29/09/2016	29/09/2016	Dutch	PDF
Abridged model	31/12/2014	29/09/2015	30/09/2015	Dutch	PDF
Abridged model	31/12/2013	30/09/2014	30/09/2014	Dutch	PDF
Abridged model	31/12/2012	04/10/2013	28/10/2013	Dutch	PDF
Abridged model	31/12/2011	26/10/2012	30/10/2012	Dutch	PDF
Abridged model	31/12/2010	04/11/2011	25/11/2011	Dutch	PDF
Abridged model	31/12/2009	13/10/2010	29/10/2010	Dutch	PDF
Abridged model	31/12/2008	15/12/2009	22/12/2009	Dutch	PDF
Abridged model	31/12/2007	14/11/2008	27/11/2008	Dutch	PDF
Abridged model	31/12/2006	28/09/2007	28/09/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 25 ended

Active mandates

Nina Van De Vyver

Director · since 27 janvier 2022 · until 26 janvier 2028

Active

Stefan Verhaeghe

Director · since 27 janvier 2022 · until 15 mai 2028

Active

Ended mandates

Nina Van De Vyver

Managing director · since 27 janvier 2022 · until 15 mai 2028

Ended

Nina Van De Vyver

Managing director · since 26 septembre 2019

Ended

Stefan Verhaeghe

Director · since 26 septembre 2019

Ended

Stefan Verhaeghe

Director · since 28 juillet 2014 · until 21 mai 2019

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates14/02/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/11/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/09/2014
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares13/02/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates07/11/2013
ONTSLAGEN - BENOEMINGEN
PDF
Other03/02/2012
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates07/04/2008
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/10/2007
ONTSLAGEN - BENOEMINGEN
PDF

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

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Timeline

2024
Annual accounts 202493,2 k €↓
2023
Annual accounts 2023138,8 k €↑
2022
Annual accounts 2022137,3 k €↑
2021
Annual accounts 202181,6 k €↑
2020
Annual accounts 202076,5 k €↓
2019
Annual accounts 2019105,8 k €↑
2018
Annual accounts 20184,4 k €↓
2017
Annual accounts 201780,7 k €↓
2016
Annual accounts 2016126,7 k €↓
2015
Annual accounts 2015137,5 k €↑
2014
Annual accounts 2014-5 k €↓
2013
Annual accounts 201390,8 k €↓
2012
Annual accounts 2012291,9 k €↑
2011
Annual accounts 2011190,6 k €↓
2010
Annual accounts 2010206,7 k €↓
2009
Annual accounts 2009379,6 k €↑
2008
Annual accounts 2008237,5 k €↓
2007
Annual accounts 2007314,9 k €↑
2006
Annual accounts 2006133 k €
01/01/1968
IncorporationPublic limited company

GLASHANDEL DE SMAELE

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline