ACTIVE

HAERENS GLASS

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Financial year 2025 · closed on 31/12/2025

Net result

1,9 M €

+554.8% YoY

Revenue

3,1 M €

-3.1% YoY

Equity

10,9 M €

+21.0% YoY

Workforce

12,9 ETP

-7.2% YoY

What does HAERENS GLASS do?

HAERENS GLASS is a Private limited company incorporated in 1991. Its main activity is: Manufacture of electronic components. Its registered office is in Gent. It employs on average 12,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0443.722.837

Incorporation

28/03/1991

Legal form

Private limited company

Registered office

Zeilschipstraat 9
9000 Gent · FlandreSee on map

Contributed capital

450 391,44 €

Latest accounts

31/12/2025

Average workforce

12,9 ETP

Activities (NACE)

26110Manufacture of electronic components· main 64200Activities of holding companies 64210Activities of holding companies 70220Business and other management consultancy activities 23110Manufacture of flat glass 23110Manufacture of flat glass+1

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	3,1 M €	-3.1%	3,2 M €	+19.3%	2,7 M €	+5.2%	2,5 M €	+6.2%	2,4 M €	+12.4%	2,1 M €	+36.5%	1,6 M €	+163%	593 k €	-6.0%	631,1 k €	+5.2%	600,2 k €		–		–		–		–		–		–		–		–		–		–
EBITDA	288,3 k €	+27.0%	227 k €	-1.3%	230 k €	-36.1%	359,8 k €	+16.9%	307,7 k €	+23.9%	248,3 k €	+0.4%	247,5 k €	-51.4%	509,4 k €	+47.4%	345,5 k €	-14.9%	405,9 k €	+26.5%	320,9 k €	+50.3%	213,6 k €	-35.8%	332,9 k €	+1.8%	327 k €	-7.6%	354 k €	-13.8%	410,6 k €	+8.0%	380,1 k €	+28.5%	295,8 k €	+71.1%	172,8 k €	-12.6%	197,7 k €
Operating result	174,8 k €	+28.9%	135,6 k €	-33.8%	204,9 k €	-41.5%	350,1 k €	+22.3%	286,3 k €	+110%	136,6 k €	+13.8%	120 k €	-68.7%	383,1 k €	+81.2%	211,4 k €	-25.9%	285,5 k €	+35.8%	210,2 k €	+126%	93,1 k €	-52.9%	197,5 k €	+1.5%	194,6 k €	-15.0%	228,9 k €	-20.2%	287 k €	+13.7%	252,5 k €	-6.7%	270,6 k €	+67.7%	161,3 k €	-13.0%	185,3 k €
Net result	1,9 M €	+555%	288,6 k €	+29.5%	222,8 k €	+5.0%	212,2 k €	+31.9%	160,9 k €	+174%	-217,3 k €	-105%	4,4 M €	+36.9%	3,2 M €	+30972%	10,4 k €	-86.0%	73,7 k €	+3232%	2,2 k €	+106%	-38,2 k €	-183%	46,2 k €	+23.6%	37,4 k €	-10.7%	41,8 k €	+110%	19,9 k €	-70.1%	66,4 k €	+3.1%	64,4 k €	+2.2%	63 k €	+14.9%	54,8 k €
Balance sheet
Equity	10,9 M €	+21.0%	9 M €	+3.3%	8,7 M €	-4.9%	9,2 M €	+2.4%	9 M €	+1.8%	8,8 M €	-2.4%	9 M €	+95.2%	4,6 M €	+229%	1,4 M €	+0.7%	1,4 M €	+5.6%	1,3 M €	+0.2%	1,3 M €	-2.8%	1,4 M €	+26.6%	1,1 M €	+3.6%	1 M €	+4.2%	994,5 k €	+2.0%	974,6 k €	+7.3%	908,2 k €	+7.6%	843,8 k €	+8.1%	780,9 k €
Total assets	14,9 M €	+7.0%	14 M €	-4.2%	14,6 M €	-5.5%	15,4 M €	-4.2%	16,1 M €	-21.1%	20,4 M €	-11.4%	23 M €	+20.9%	19 M €	+52.1%	12,5 M €	+14.3%	11 M €	+2.5%	10,7 M €	+6.5%	10 M €	+22.9%	8,2 M €	+8.4%	7,5 M €	+1.2%	7,5 M €	-1.2%	7,5 M €	-0.8%	7,6 M €	+134%	3,2 M €	+2.6%	3,2 M €	+0.6%	3,1 M €
Cash	13,5 k €	+24.0%	10,9 k €	-56.7%	25 k €	-23.5%	32,7 k €	-1.2%	33,1 k €	-40.0%	55,3 k €	+1630%	3,2 k €	-98.7%	250,4 k €	+1463%	16 k €	+191%	5,5 k €	+17.6%	4,7 k €	-23.7%	6,1 k €	+49.9%	4,1 k €	-87.4%	32,4 k €	+96.4%	16,5 k €	+217%	5,2 k €	-32.4%	7,7 k €	-77.9%	34,8 k €	-32.2%	51,4 k €	-21.1%	65,1 k €
Debts	3,9 M €	-19.4%	4,8 M €	-16.2%	5,7 M €	-6.8%	6,1 M €	-12.3%	7 M €	-39.6%	11,6 M €	-15.5%	13,7 M €	-4.4%	14,3 M €	+28.7%	11,1 M €	+16.2%	9,6 M €	+2.0%	9,4 M €	+7.5%	8,7 M €	+28.0%	6,8 M €	+5.3%	6,5 M €	+0.8%	6,4 M €	-2.0%	6,5 M €	-1.2%	6,6 M €	+184%	2,3 M €	+0.7%	2,3 M €	-1.9%	2,4 M €
Other
Workforce	12,9 ETP	-7.2%	13,9 ETP	+26.4%	11,0 ETP	+23.6%	8,9 ETP	+4.7%	8,5 ETP	+3.7%	8,2 ETP	+34.4%	6,1 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

Carole Machelart

Director · since 31 janvier 2023

Active

Steven De Tollenaere

Director · since 31 janvier 2023

Active

Ended mandates

Carole Machelart

Director · since 02 septembre 2019

Ended

Steven De Tollenaere

Director · since 02 septembre 2019

Ended

Carole MACHELART

Manager

Ended

Steven De Tollenaere

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
CHARLES HAERENS● Active	0400.089.465
Eribel Project● Active	0822.092.816
ERIBEL SOLID● Active	0765.664.055
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

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	15/07/2026	16/07/2025	12/07/2024	04/07/2023	07/07/2022	30/07/2021
General meeting	30/06/2026	23/06/2025	11/07/2024	30/06/2023	30/06/2022	25/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

24 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	15/07/2026	Dutch	PDF
Full model	31/12/2024	23/06/2025	16/07/2025	Dutch	PDF
Consolidated accounts	31/12/2024	11/07/2025	15/07/2025	Dutch	PDF
Full model	31/12/2023	11/07/2024	12/07/2024	Dutch	PDF
Consolidated accounts	31/12/2023	11/07/2024	18/07/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	04/07/2023	Dutch	PDF
Consolidated accounts	31/12/2022	30/06/2023	27/07/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	07/07/2022	Dutch	PDF
Consolidated accounts	31/12/2021	30/06/2022	20/07/2022	Dutch	PDF
Full model	31/12/2020	25/06/2021	30/07/2021	Dutch	PDF
Full model	31/12/2019	26/06/2020	16/07/2020	Dutch	PDF
Full model	31/12/2018	28/06/2019	30/08/2019	Dutch	PDF
Full model	31/12/2017	29/06/2018	31/08/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	24/07/2017	Dutch	PDF
Abridged model	31/12/2015	21/03/2016	17/04/2016	Dutch	PDF
Abridged model	31/12/2014	23/03/2015	03/05/2015	Dutch	PDF
Abridged model	31/12/2013	17/03/2014	01/05/2014	Dutch	PDF
Abridged model	31/12/2012	18/03/2013	18/04/2013	Dutch	PDF
Abridged model	31/12/2011	19/03/2012	27/04/2012	Dutch	PDF
Abridged model	31/12/2010	21/03/2011	18/04/2011	Dutch	PDF
Abridged model	31/12/2009	15/03/2010	23/04/2010	Dutch	PDF
Abridged model	31/12/2008	16/03/2009	30/04/2009	Dutch	PDF
Abridged model	31/12/2007	17/03/2008	18/04/2008	Dutch	PDF
Abridged model	31/12/2006	20/03/2007	24/04/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 2 active · 4 ended

Active mandates

Carole Machelart

Director · since 31 janvier 2023

Active

Steven De Tollenaere

Director · since 31 janvier 2023

Active

Ended mandates

Carole Machelart

Director · since 02 septembre 2019

Ended

Steven De Tollenaere

Director · since 02 septembre 2019

Ended

Carole MACHELART

Manager

Ended

Steven De Tollenaere

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/02/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates26/11/2021
ONTSLAGEN - BENOEMINGEN
PDF
Registered office23/07/2020
MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
PDF
Mandates11/09/2019
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares24/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares04/06/2013
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates09/01/2007
ONTSLAGEN - BENOEMINGEN - KAPITAAL - AANDELEN
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

2025
Annual accounts 20251,9 M €↑
2024
Annual accounts 2024288,6 k €↑
2023
Annual accounts 2023222,8 k €↑
2022
Annual accounts 2022212,2 k €↑
2021
Annual accounts 2021160,9 k €↑
2020
Annual accounts 2020-217,3 k €↓
2019
Annual accounts 20194,4 M €↑
2018
Annual accounts 20183,2 M €↑
2017
Annual accounts 201710,4 k €↓
2016
Annual accounts 201673,7 k €↑
2015
Annual accounts 20152,2 k €↑
2014
Annual accounts 2014-38,2 k €↓
2013
Annual accounts 201346,2 k €↑
2012
Annual accounts 201237,4 k €↓
2011
Annual accounts 201141,8 k €↑
2010
Annual accounts 201019,9 k €↓
2009
Annual accounts 200966,4 k €↑
2008
Annual accounts 200864,4 k €↑
2007
Annual accounts 200763 k €↑
2006
Annual accounts 200654,8 k €
28/03/1991
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

HAERENS GLASS

Overview

What does HAERENS GLASS do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

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