ACTIVE

GLASHANDEL DESMARETS

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Financial year 2025 · closed on 30/06/2025
Net result
127,3 k €
-36.6% YoY
Gross margin
894 k €
-0.2% YoY
Equity
1,6 M €
-0.4% YoY
Workforce
9,1 ETP
+3.4% YoY

What does GLASHANDEL DESMARETS do?

GLASHANDEL DESMARETS is a Public limited company incorporated in 1996. Its registered office is in Wervik. It employs on average 9,1 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0457.726.370
Incorporation
16/04/1996
Legal form
Public limited company
Registered office
Menensesteenweg 126
8940 Wervik · FlandreSee on map
Contributed capital
96 855,13 €
Latest accounts
30/06/2025
Average workforce
9,1 ETP
Joint committees (5)
  • 124
  • 12400
  • 200
  • 20000
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
Gross margin894 k €896,1 k €1,2 M €1,1 M €
EBITDA265,5 k €284 k €389,8 k €424,3 k €
Operating result164,8 k €239,4 k €335,8 k €371,4 k €
Net result127,3 k €200,8 k €283,8 k €285,5 k €
Balance sheet
Equity1,6 M €1,6 M €1,6 M €1,5 M €
Total assets1,9 M €1,9 M €2 M €1,8 M €
Cash551,8 k €1,1 M €805,4 k €611,2 k €
Debts318,9 k €243,8 k €328,5 k €257,9 k €
Other
Workforce9,1 ETP8,8 ETP12,0 ETP11,5 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 30/06/2025 · 3 active · 29 ended

Active mandates

STAKLAR

Managing director · since 01 janvier 2021 · until 15 décembre 2025 · 0760.495.935

Represented by Vincent DESMARETS

Active
Thomas Desmarets

Director · since 01 janvier 2021 · until 15 décembre 2025

Active
Tonia Decroix

Director · since 01 janvier 2021 · until 15 décembre 2025

Active

Ended mandates

STAKLAR

Managing director · since 01 janvier 2021 · until 18 novembre 2025 · 0760.495.935

Represented by Vincent DESMARETS

Ended
Thomas Desmarets

Director · since 01 janvier 2021 · until 18 novembre 2025

Ended
Tonia Decroix

Director · since 01 janvier 2021 · until 18 novembre 2025

Ended
Jorge Boron Tzian

Director · since 14 décembre 2017 · until 18 juin 2020

Ended
At this address

Other companies at this address

CompanyCBE no.
Groep Desmarets● Active
0764.643.773
MAVITA● Active
1016.331.059
STAKLAR● Active
0760.495.935
ZEMATHEL● Active
1016.335.712
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date13/01/202628/11/202431/01/202430/01/202314/01/202207/10/2020
General meeting15/12/202528/10/202429/12/202330/12/202220/12/202116/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202515/12/202513/01/2026DutchPDF
Abridged model30/06/202428/10/202428/11/2024DutchPDF
Abridged model30/06/202329/12/202331/01/2024DutchPDF
Abridged model30/06/202230/12/202230/01/2023DutchPDF
Abridged model30/06/202120/12/202114/01/2022DutchPDF
Abridged model30/06/202016/09/202007/10/2020DutchPDF
Abridged model30/06/201925/09/201930/09/2019DutchPDF
Abridged model30/06/201805/11/201821/11/2018DutchPDF
Abridged model30/06/201714/12/201708/01/2018DutchPDF
Abridged model30/06/201609/12/201621/12/2016DutchPDF
Abridged model30/06/201515/12/201501/02/2016DutchPDF
Abridged model30/06/201413/01/201510/02/2015DutchPDF
Abridged model30/06/201311/09/201307/10/2013DutchPDF
Abridged model30/06/201225/01/201315/02/2013DutchPDF
Abridged model30/06/201124/01/201222/02/2012DutchPDF
Abridged model30/06/201011/01/201102/02/2011DutchPDF
Abridged model30/06/200922/01/201019/02/2010DutchPDF
Abridged model30/06/200821/01/200929/01/2009DutchPDF
Abridged model30/06/200714/01/200813/02/2008DutchPDF
Abridged model30/06/200609/01/200705/02/2007DutchPDF
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 30/06/2025 · 3 active · 29 ended

Active mandates

STAKLAR

Managing director · since 01 janvier 2021 · until 15 décembre 2025 · 0760.495.935

Represented by Vincent DESMARETS

Active
Thomas Desmarets

Director · since 01 janvier 2021 · until 15 décembre 2025

Active
Tonia Decroix

Director · since 01 janvier 2021 · until 15 décembre 2025

Active

Ended mandates

STAKLAR

Managing director · since 01 janvier 2021 · until 18 novembre 2025 · 0760.495.935

Represented by Vincent DESMARETS

Ended
Thomas Desmarets

Director · since 01 janvier 2021 · until 18 novembre 2025

Ended
Tonia Decroix

Director · since 01 janvier 2021 · until 18 novembre 2025

Ended
Jorge Boron Tzian

Director · since 14 décembre 2017 · until 18 juin 2020

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/02/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring20/01/2021
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Mandates12/01/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring17/11/2020
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Capital / shares23/05/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates02/02/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/03/2015
    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 2025127,3 k €↓
  2. 2024
    Annual accounts 2024200,8 k €↓
  3. 2023
    Annual accounts 2023283,8 k €↓
  4. 2022
    Annual accounts 2022285,5 k €
  5. 16/04/1996
    IncorporationPublic limited company