ACTIVE

GLOTEC

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Financial year 2025 · closed on 31/10/2025
Net result
-967,3 k €
-1116.3% YoY
Gross margin
2,3 M €
+26.9% YoY
Equity
83,7 k €
-92.0% YoY
Workforce
24,1 ETP
+7.1% YoY

What does GLOTEC do?

GLOTEC is a Public limited company incorporated in 2012. Its main activity is: Manufacture of metal structures and parts of structures. Its registered office is in Zele. It employs on average 24,1 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0500.747.256
Incorporation
13/11/2012
Legal form
Public limited company
Registered office
Textielstraat 6
9240 Zele · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/10/2025
Average workforce
24,1 ETP
Activities (NACE)
25110Manufacture of metal structures and parts of structures· main25110Manufacture of metal structures and parts of structures43320Joinery installation43320Joinery installation46190Agents involved in the sale of a variety of goods46190Agents involved in the sale of a variety of goods+6
Joint committees (2)
  • 111
  • 209
Signals
Healthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202320222021201920182017201620152014
Income statement
Gross margin2,3 M €1,8 M €1,4 M €1,8 M €1,7 M €1,5 M €2 M €1,8 M €1,4 M €675,7 k €
EBITDA-201,2 k €507,9 k €153,9 k €639,2 k €71,8 k €562,9 k €1,2 M €469,2 k €749,9 k €-11,3 k €
Operating result-830,9 k €132,6 k €-193,5 k €361,1 k €-255 k €289,2 k €910,5 k €253,2 k €597,6 k €-159,9 k €
Net result-967,3 k €95,2 k €-231 k €337,4 k €-269 k €281 k €787,6 k €249,9 k €594,2 k €-165,6 k €
Balance sheet
Equity83,7 k €1,1 M €1 M €1,3 M €1,2 M €1,5 M €1,2 M €718,9 k €468,9 k €-125,2 k €
Total assets3,1 M €3,1 M €2,7 M €3,2 M €3 M €2,8 M €3,2 M €2,5 M €2 M €1,3 M €
Cash30 k €141 k €62,8 k €468,2 k €368,8 k €464,4 k €946,7 k €322,3 k €185 k €123 k €
Debts3 M €2 M €1,6 M €1,9 M €1,8 M €1,3 M €2 M €1,8 M €1,5 M €1,4 M €
Other
Workforce24,1 ETP22,5 ETP19,9 ETP20,3 ETP17,4 ETP17,7 ETP18,0 ETP15,4 ETP12,7 ETP13,2 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 31/10/2025 · 3 active · 18 ended

Active mandates

Boudewijn Talpe

Director · since 19 juin 2024 · until 19 juin 2030

Active
Kristal Consult

Director · since 01 octobre 2021 · until 03 juin 2027 · 0775.329.215

Represented by Kristof TALPE

Active
TOSCA

Managing director · since 01 octobre 2021 · until 03 juin 2027 · 0775.330.995

Represented by Pieter Talpe

Active

Ended mandates

Boudewijn Talpe

Managing director · since 19 juin 2024 · until 19 juin 2030

Ended
TOSCA

Director · since 01 octobre 2021 · until 03 juin 2027 · 0775.330.995

Represented by Pieter TALPE

Ended
Katrien Talpe

Director · since 03 juin 2021 · until 20 juin 2022

Ended
Katrien Talpe

Director · since 03 juin 2021 · until 03 juin 2027

Ended
At this address

Other companies at this address

CompanyCBE no.
GLORIA CONSTRUCT● Active
0440.672.285
GLOTEC VAT GROUP● Active
0535.683.983
Annual accounts

Full financial information

202520232022202120202019
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 year31/10/202531/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year22 months12 months12 months12 months12 months12 months
Filing date05/05/202621/06/202422/06/202321/06/202208/06/202117/06/2020
General meeting29/04/202619/06/202421/06/202320/06/202203/06/202111/06/2020
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

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/10/202529/04/202605/05/2026DutchPDF
Abridged model31/12/202319/06/202421/06/2024DutchPDF
Abridged model31/12/202221/06/202322/06/2023DutchPDF
Abridged model31/12/202120/06/202221/06/2022DutchPDF
Abridged model31/12/202003/06/202108/06/2021DutchPDF
Abridged model31/12/201911/06/202017/06/2020DutchPDF
Abridged model31/12/201803/07/201915/07/2019DutchPDF
Abridged model31/12/201727/06/201823/07/2018DutchPDF
Abridged model31/12/201626/06/201707/07/2017DutchPDF
Abridged model31/12/201528/04/201611/05/2016DutchPDF
Abridged model31/12/201409/06/201506/07/2015DutchPDF
Abridged model31/12/201310/06/201425/08/2014DutchPDF
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 31/10/2025 · 3 active · 18 ended

Active mandates

Boudewijn Talpe

Director · since 19 juin 2024 · until 19 juin 2030

Active
Kristal Consult

Director · since 01 octobre 2021 · until 03 juin 2027 · 0775.329.215

Represented by Kristof TALPE

Active
TOSCA

Managing director · since 01 octobre 2021 · until 03 juin 2027 · 0775.330.995

Represented by Pieter Talpe

Active

Ended mandates

Boudewijn Talpe

Managing director · since 19 juin 2024 · until 19 juin 2030

Ended
TOSCA

Director · since 01 octobre 2021 · until 03 juin 2027 · 0775.330.995

Represented by Pieter TALPE

Ended
Katrien Talpe

Director · since 03 juin 2021 · until 20 juin 2022

Ended
Katrien Talpe

Director · since 03 juin 2021 · until 03 juin 2027

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other09/01/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates08/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other31/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    PDF
  • Mandates11/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/12/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/10/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/09/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/10/2016
    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 2025-967,3 k €↓
  2. 2023
    Annual accounts 202395,2 k €↑
  3. 2022
    Annual accounts 2022-231 k €↓
  4. 2021
    Annual accounts 2021337,4 k €↑
  5. 2019
    Annual accounts 2019-269 k €↓
  6. 2018
    Annual accounts 2018281 k €↓
  7. 2017
    Annual accounts 2017787,6 k €↑
  8. 2016
    Annual accounts 2016249,9 k €↓
  9. 2015
    Annual accounts 2015594,2 k €↑
  10. 2014
    Annual accounts 2014-165,6 k €
  11. 13/11/2012
    IncorporationPublic limited company