ACTIVE

Glaswerken De Smet Erwin

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Financial year 2025 · Closed on 31/12/2025

Net result115,5 k €+1,2 %over 1 year
Gross margin594,5 k €+29,8 %over 1 year
Equity654 k €+21,5 %over 1 year

Identity

Source · BCE/KBO

Glaswerken De Smet Erwin is a Private limited company incorporated in 1999. Its main activity is: Painting and glazing. Its registered office is in Malle.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0466.217.335
Incorporation
10/06/1999
Legal form
Private limited company
Registered office
Steenovenstraat 2 box K1
2390 Malle · FlandreSee on map
Contributed capital
6 205,32 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 22 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin594,5 k €457,9 k €386,8 k €165,4 k €–
EBITDA246,8 k €224,2 k €265,5 k €71,8 k €–
Operating result135,6 k €129,5 k €211,1 k €24,7 k €–
Net result115,5 k €114,1 k €151 k €25,4 k €–
Balance sheet
Equity654 k €538,5 k €424,4 k €278,7 k €190 k €
Total assets1,4 M €1,4 M €620,3 k €512,6 k €251,2 k €
Cash58,1 k €77 k €77 k €62,1 k €22,6 k €
Debts739 k €822,8 k €196 k €234 k €61,2 k €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 1 ended

Active mandates

Erwin De Smet

Manager · since 03 juin 1999

Active

Ended mandates

Erwin De Smet

Manager

Ended

Other companies at this address

Steenovenstraat 2 2390 Malle
CompanyCBE no.
Art Salvage Belgium● Active
0685.533.246
ARVUM● Active
0671.864.560
B&S België● Bankrupt
0794.213.432
ComTIS Ventilation● Active
0766.878.931
HET ANKER RENTING● Active
0501.903.734
ICARE4-FOOD● Active
0558.839.665
INNOMEDIO● Active
0816.906.977
JACOBS BEVEILIGING● Active
0894.815.694
J Events● Active
0845.303.332
MERTENS VLOERWERKEN● Active
0525.891.042
MJ Consult● Active
0724.558.326
Ruys Groep BV● Active
0759.474.465
THE MELODY OF THE MIND● Active
1013.489.751

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/08/202608/03/202608/03/202631/08/202331/08/202231/08/2021
General meeting26/06/202627/06/202528/06/202430/06/202324/06/202225/06/2021
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, 22 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202526/06/202631/08/2026DutchPDF
Micro modelCorrection31/12/202427/06/202508/03/2026DutchPDF
Micro model31/12/202427/06/202530/08/2025DutchPDF
Micro modelCorrection31/12/202328/06/202408/03/2026DutchPDF
Micro model31/12/202328/06/202430/08/2024DutchPDF
Micro model31/12/202230/06/202331/08/2023DutchPDF
Micro model31/12/202124/06/202231/08/2022DutchPDF
Micro model31/12/202025/06/202131/08/2021DutchPDF
Micro model31/12/201926/06/202027/08/2020DutchPDF
Micro model31/12/201828/06/201931/08/2019DutchPDF
Micro model31/12/201729/06/201830/08/2018DutchPDF
Micro model31/12/201630/06/201728/08/2017DutchPDF
Abridged model31/12/201524/06/201630/08/2016DutchPDF
Abridged model31/12/201426/06/201504/08/2015DutchPDF
Abridged model31/12/201327/06/201428/08/2014DutchPDF
Abridged model31/12/201228/06/201310/09/2013DutchPDF
Abridged model31/12/201129/06/201226/07/2012DutchPDF
Abridged model31/12/201030/06/201130/08/2011DutchPDF
Abridged model31/12/200930/06/201030/08/2010DutchPDF
Abridged model31/12/200830/06/200925/08/2009DutchPDF
Abridged model31/12/200730/06/200827/08/2008DutchPDF
Abridged model31/12/200630/06/200730/07/2007DutchPDF

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.

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 31/12/2025

1 active · 1 ended

Active mandates

Erwin De Smet

Manager · since 03 juin 1999

Active

Ended mandates

Erwin De Smet

Manager

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office20/11/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates11/07/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office20/01/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office04/09/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office16/08/2005
    MAATSCHAPPELIJKE ZETEL
    PDF

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 2025115,5 k €↑
  2. 2024
    Annual accounts 2024114,1 k €↓
  3. 2023
    Annual accounts 2023151 k €↑
  4. 2022
    Annual accounts 202225,4 k €↓
  5. 2021
    Annual accounts 2021
  6. 2020
    Annual accounts 2020
  7. 2019
    Annual accounts 201984,2 k €↑
  8. 2018
    Annual accounts 2018
  9. 2017
    Annual accounts 20172 k €↓
  10. 2016
    Annual accounts 201614,5 k €↑
  11. 2015
    Annual accounts 2015515,2 €↓
  12. 2014
    Annual accounts 201422,1 k €↑
  13. 2013
    Annual accounts 2013-6,5 k €↑
  14. 2012
    Annual accounts 2012-15,2 k €↓
  15. 2011
    Annual accounts 201120,5 k €↑
  16. 2010
    Annual accounts 2010-10,4 k €↓
  17. 2009
    Annual accounts 20091,5 k €↓
  18. 2008
    Annual accounts 20088,2 k €↑
  19. 2007
    Annual accounts 20072,7 k €↑
  20. 2006
    Annual accounts 20062,4 k €
  21. 10/06/1999
    IncorporationPrivate limited company