ACTIVE

GLASS PARTNERS TRANSPORTS

Financial year 2024 · Closed on 31/12/2024

Net result120 k €+239,7 %over 1 year
Gross margin2,4 M €+16,3 %over 1 year
Equity3,4 M €+4,2 %over 1 year
Workforce13,3 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

GLASS PARTNERS TRANSPORTS is a Public limited company incorporated in 1969. Its main activity is: Freight transport by road. Its registered office is in Floreffe. It employs on average 13,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0407.801.361
Incorporation
01/07/1969
Legal form
Public limited company
Registered office
Rue du Château-d'Eau, Franière 34
5150 Floreffe · WallonieSee on map
Contributed capital
1 237 961,83 €
Latest accounts
31/12/2024
Average workforce
13,3 ETP
Joint committees (2)
  • 140
  • 226
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 17 financial years

20242023202220212020
Income statement
Gross margin2,4 M €2,1 M €3,9 M €3,2 M €1,8 M €
EBITDA1,7 M €1,4 M €3,3 M €2,5 M €1,1 M €
Operating result68,3 k €-160,2 k €1,9 M €1,3 M €63,9 k €
Net result120 k €-85,9 k €1,6 M €819 k €29,8 k €
Balance sheet
Equity3,4 M €3,2 M €3,3 M €1,8 M €826,8 k €
Total assets10,4 M €9,1 M €8,2 M €6,3 M €5,4 M €
Cash124,1 k €99,6 k €155,5 k €86,2 k €65,4 k €
Debts6,6 M €5,4 M €4,1 M €4,1 M €4,6 M €
Other
Workforce13,3 ETP13,3 ETP13,3 ETP13,3 ETP15,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

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

Board of directors

Source · NBB, accounts to 31/12/2024

3 active · 19 ended

Active mandates

Bastien NICOLAS

Director · since 25 janvier 2021 · until 20 juin 2027

Active
Freddy NICOLAS

Managing director · since 08 décembre 2016 · until 08 juin 2028

Active
Véronique HANOT

Director

Active

Ended mandates

Véronique HANOT

Director · since 15 mai 2019 · until 11 juin 2025

Ended
Corentin NICOLAS

Director · since 08 décembre 2016 · until 25 janvier 2021

Ended
Corentin NICOLAS

Director · since 08 décembre 2016 · until 08 juin 2023

Ended
Daniel HELLEMANS

Director · since 08 décembre 2016 · until 15 mai 2019

Ended

Other companies at this address

Rue du Château-d'Eau, Franière 34 5150 Floreffe
CompanyCBE no.
0867.014.407
1038.857.231
0438.360.519

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/06/202526/08/202424/08/202324/10/202206/08/202118/11/2020
General meeting12/06/202525/07/202428/07/202305/10/202205/08/202112/11/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202412/06/202530/06/2025FrenchPDF
Abridged model31/12/202325/07/202426/08/2024FrenchPDF
Abridged model31/12/202228/07/202324/08/2023FrenchPDF
Abridged model31/12/202105/10/202224/10/2022FrenchPDF
Abridged model31/12/202005/08/202106/08/2021FrenchPDF
Abridged model31/12/201912/11/202018/11/2020FrenchPDF
Full model31/12/201823/08/201930/08/2019FrenchPDF
Full modelCorrection31/12/201729/06/201827/07/2018FrenchPDF
Full model31/12/201729/06/201826/07/2018FrenchPDF
Full model30/06/201608/12/201605/01/2017FrenchPDF
Full model30/06/201518/01/201627/01/2016FrenchPDF
Full model31/12/201326/06/201429/07/2014FrenchPDF
Full model31/12/201230/06/201328/10/2013FrenchPDF
Full model30/06/201114/02/201214/03/2012FrenchPDF
Full model31/12/200912/06/201003/08/2010FrenchPDF
Full model31/12/200813/06/200908/07/2009FrenchPDF
Full model31/12/200730/06/200803/07/2008FrenchPDF
Full modelCorrection31/12/200626/07/200719/09/2007FrenchPDF
Full model31/12/200626/07/200727/07/2007FrenchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2024

3 active · 19 ended

Active mandates

Bastien NICOLAS

Director · since 25 janvier 2021 · until 20 juin 2027

Active
Freddy NICOLAS

Managing director · since 08 décembre 2016 · until 08 juin 2028

Active
Véronique HANOT

Director

Active

Ended mandates

Véronique HANOT

Director · since 15 mai 2019 · until 11 juin 2025

Ended
Corentin NICOLAS

Director · since 08 décembre 2016 · until 25 janvier 2021

Ended
Corentin NICOLAS

Director · since 08 décembre 2016 · until 08 juin 2023

Ended
Daniel HELLEMANS

Director · since 08 décembre 2016 · until 15 mai 2019

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates11/04/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/11/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/03/2021
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office05/02/2020
    SIEGE SOCIAL
    PDF
  • Mandates13/06/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares11/01/2018
    CAPITAL, ACTIONS
    PDF
  • Other05/05/2017
    ANNEE COMPTABLE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates23/02/2017
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024120 k €↑
  2. 2023
    Annual accounts 2023-85,9 k €↓
  3. 2022
    Annual accounts 20221,6 M €↑
  4. 2021
    Annual accounts 2021819 k €↑
  5. 2020
    Annual accounts 202029,8 k €↑
  6. 2019
    Annual accounts 2019-1,3 M €↓
  7. 2018
    Annual accounts 201842,2 k €↓
  8. 2017
    Annual accounts 201763,8 k €↑
  9. 2016
    Annual accounts 201640,4 k €↑
  10. 2015
    Annual accounts 2015-154,1 k €↑
  11. 2013
    Annual accounts 2013-472,9 k €↓
  12. 2012
    Annual accounts 2012-45,9 k €↓
  13. 2011
    Annual accounts 201199,1 k €↑
  14. 2009
    Annual accounts 2009-36,1 k €↓
  15. 2008
    Annual accounts 2008346,5 k €↑
  16. 2007
    Annual accounts 200715,6 k €↑
  17. 2006
    Annual accounts 2006-159,9 k €
  18. 01/07/1969
    IncorporationPublic limited company