GLENNETH
0462.069.693 · rovalta.com · 22/09/2026
ACTIVE
GLENNETH
Financial year 2025 · closed on 31/12/2025
Net result
60,8 k €
+354.0% YoY
Gross margin
183,4 k €
+56.0% YoY
Equity
282,1 k €
-1.0% YoY
Overview
What does GLENNETH do?
GLENNETH is a Private limited company incorporated in 1997. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Tongeren-Borgloon.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0462.069.693
Incorporation
10/12/1997
Legal form
Private limited company
Registered office
Overhaamlaan 30
3700 Tongeren-Borgloon · FlandreSee on map
3700 Tongeren-Borgloon · FlandreSee on map
Contributed capital
93 592,01 €
Latest accounts
31/12/2025
Activities (NACE)
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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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 | |||||||||||||||||||||||||||||||||||||||
| Gross margin | 183,4 k € | +56.0% | 117,5 k € | -15.4% | 139 k € | +7.3% | 129,5 k € | -29.0% | 182,6 k € | +36.5% | 133,7 k € | -12.8% | 153,5 k € | +18.8% | 129,2 k € | +36.1% | 94,9 k € | -10.3% | 105,8 k € | +76.0% | 60,1 k € | -25.9% | 81,2 k € | -9.8% | 90 k € | +1.6% | 88,5 k € | -15.3% | 104,5 k € | +3.4% | 101,1 k € | -1.5% | 102,6 k € | +9.2% | 94 k € | +140% | 39,2 k € | +23.1% | 31,8 k € |
| EBITDA | 164,4 k € | +41.7% | 116,1 k € | +0.2% | 115,8 k € | -7.2% | 124,8 k € | -25.8% | 168,3 k € | +37.0% | 122,9 k € | -18.9% | 151,4 k € | +19.4% | 126,9 k € | +129% | 55,3 k € | +20.9% | 45,7 k € | +3690% | -1,3 k € | -106% | 21,5 k € | -27.8% | 29,8 k € | +6.9% | 27,9 k € | -38.8% | 45,6 k € | +1.9% | 44,8 k € | -17.9% | 54,5 k € | -13.7% | 63,2 k € | +62.2% | 38,9 k € | +22.3% | 31,8 k € |
| Operating result | 77,4 k € | +156% | 30,2 k € | -6.2% | 32,2 k € | -41.4% | 54,9 k € | -35.0% | 84,4 k € | +70.5% | 49,5 k € | -37.3% | 78,9 k € | +35.4% | 58,3 k € | +369% | 12,4 k € | +352% | 2,7 k € | +117% | -16 k € | -337% | 6,8 k € | -58.5% | 16,3 k € | +3158% | -532,6 € | -103% | 17,5 k € | +49.7% | 11,7 k € | -9.5% | 13 k € | -5.5% | 13,7 k € | -14.3% | 16 k € | +23.6% | 12,9 k € |
| Net result | 60,8 k € | +354% | 13,4 k € | -9.7% | 14,8 k € | -64.8% | 42,1 k € | -27.0% | 57,7 k € | +101% | 28,7 k € | -45.7% | 52,9 k € | +10.0% | 48,1 k € | +1218% | 3,7 k € | +150% | -7,4 k € | +66.5% | -22 k € | -2383% | 963,4 € | -70.7% | 3,3 k € | +135% | -9,4 k € | -207% | 8,8 k € | +1306% | 624,9 € | +28.0% | 488,1 € | -92.3% | 6,4 k € | -28.1% | 8,8 k € | +110% | 4,2 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 282,1 k € | -1.0% | 285 k € | -12.2% | 324,5 k € | +4.8% | 309,7 k € | +15.8% | 267,6 k € | +27.5% | 209,8 k € | +15.9% | 181,1 k € | +41.3% | 128,2 k € | +60.1% | 80,1 k € | +4.8% | 76,4 k € | -8.8% | 83,8 k € | -20.8% | 105,8 k € | +0.9% | 104,8 k € | +3.2% | 101,5 k € | -8.5% | 111 k € | +8.6% | 102,2 k € | +0.6% | 101,6 k € | +0.5% | 101,1 k € | +6.7% | 94,7 k € | +10.3% | 85,9 k € |
| Total assets | 498 k € | -22.6% | 643,6 k € | -6.6% | 688,8 k € | -13.9% | 799,8 k € | +16.1% | 689,1 k € | +0.5% | 685,9 k € | +17.4% | 584,1 k € | -5.4% | 617,3 k € | +16.4% | 530,3 k € | -10.6% | 593,2 k € | +84.0% | 322,4 k € | -11.3% | 363,3 k € | +2.2% | 355,5 k € | -12.4% | 405,8 k € | +7.0% | 379,1 k € | +1.2% | 374,6 k € | -8.8% | 410,7 k € | +0.5% | 408,7 k € | +66.6% | 245,3 k € | -0.2% | 245,9 k € |
| Cash | 53,5 k € | +15.9% | 46,2 k € | -0.9% | 46,6 k € | -27.7% | 64,5 k € | -30.1% | 92,2 k € | +42.4% | 64,7 k € | +43.3% | 45,2 k € | +244% | 13,1 k € | -10.7% | 14,7 k € | +77.0% | 8,3 k € | +217% | 2,6 k € | -35.8% | 4,1 k € | -71.4% | 14,3 k € | -19.5% | 17,7 k € | +18849% | 93,4 € | -73.3% | 349,4 € | +52.5% | 229,1 € | -93.9% | 3,8 k € | +102% | 1,9 k € | -95.2% | 38,5 k € |
| Debts | 215,9 k € | -39.8% | 358,6 k € | -1.6% | 364,3 k € | -25.7% | 490,1 k € | +16.4% | 421,1 k € | -11.5% | 475,7 k € | +18.0% | 403 k € | -17.6% | 489,1 k € | +8.6% | 450,3 k € | -12.9% | 516,8 k € | +117% | 238,6 k € | -7.3% | 257,5 k € | +2.7% | 250,7 k € | -17.6% | 304,3 k € | +13.5% | 268,2 k € | -1.5% | 272,4 k € | -11.9% | 309,2 k € | +0.5% | 307,7 k € | +104% | 150,6 k € | -5.9% | 160 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | – | 0,7 ETP | – | – | ||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 500 k€ and 1 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 4 active · 13 ended
Active mandates
Ended mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
VANELGRO● Active | 0439.281.326 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro 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 | 20/07/2026 | 26/06/2025 | 28/06/2024 | 14/07/2023 | 08/07/2022 | 29/07/2021 |
| General meeting | 15/05/2026 | 15/05/2025 | 15/05/2024 | 15/05/2023 | 16/05/2022 | 15/05/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 15/05/2026 | 20/07/2026 | Dutch | |
| Micro model | 31/12/2024 | 15/05/2025 | 26/06/2025 | Dutch | |
| Micro model | 31/12/2023 | 15/05/2024 | 28/06/2024 | Dutch | |
| Micro model | 31/12/2022 | 15/05/2023 | 14/07/2023 | Dutch | |
| Micro model | 31/12/2021 | 16/05/2022 | 08/07/2022 | Dutch | |
| Micro model | 31/12/2020 | 15/05/2021 | 29/07/2021 | Dutch | |
| Micro model | 31/12/2019 | 15/05/2020 | 16/07/2020 | Dutch | |
| Micro model | 31/12/2018 | 15/05/2019 | 22/07/2019 | Dutch | |
| Micro model | 31/12/2017 | 15/05/2018 | 30/08/2018 | Dutch | |
| Micro model | 31/12/2016 | 15/05/2017 | 28/07/2017 | Dutch | |
| Abridged model | 31/12/2015 | 17/05/2016 | 12/08/2016 | Dutch | |
| Abridged model | 31/12/2014 | 15/05/2015 | 28/07/2015 | Dutch | |
| Abridged model | 31/12/2013 | 15/05/2014 | 29/07/2014 | Dutch | |
| Abridged model | 31/12/2012 | 15/05/2013 | 23/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 15/05/2012 | 17/08/2012 | Dutch | |
| Abridged model | 31/12/2010 | 16/05/2011 | 25/08/2011 | Dutch | |
| Abridged model | 31/12/2009 | 15/05/2010 | 27/08/2010 | Dutch | |
| Abridged model | 31/12/2008 | 15/05/2009 | 17/08/2009 | Dutch | |
| Abridged model | 31/12/2007 | 15/05/2008 | 26/08/2008 | Dutch | |
| Abridged model | 31/12/2006 | 22/05/2007 | 20/08/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 500 k€ and 1 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 4 active · 13 ended
Active mandates
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202560,8 k €↑
- 2024Annual accounts 202413,4 k €↓
- 2023Annual accounts 202314,8 k €↓
- 2022Annual accounts 202242,1 k €↓
- 2021Annual accounts 202157,7 k €↑
- 2020Annual accounts 202028,7 k €↓
- 2019Annual accounts 201952,9 k €↑
- 2018Annual accounts 201848,1 k €↑
- 2017Annual accounts 20173,7 k €↑
- 2016Annual accounts 2016-7,4 k €↑
- 2015Annual accounts 2015-22 k €↓
- 2014Annual accounts 2014963,4 €↓
- 2013Annual accounts 20133,3 k €↑
- 2012Annual accounts 2012-9,4 k €↓
- 2011Annual accounts 20118,8 k €↑
- 2010Annual accounts 2010624,9 €↑
- 2009Annual accounts 2009488,1 €↓
- 2008Annual accounts 20086,4 k €↓
- 2007Annual accounts 20078,8 k €↑
- 2006Annual accounts 20064,2 k €
- 10/12/1997IncorporationPrivate limited company