ACTIVE

Glass4Wheels

Financial year 2025 · closed on 31/12/2025
Net result
139,9 k €
-8.3% YoY
Gross margin
1,1 M €
+15.5% YoY
Equity
459,4 k €
+43.8% YoY
Workforce
10,8 ETP
+4.9% YoY

What does Glass4Wheels do?

Glass4Wheels is a Private limited company incorporated in 2020. Its main activity is: Maintenance and repair of motor vehicles. Its registered office is in Kortrijk. It employs on average 10,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0759.960.653
Incorporation
18/12/2020
Legal form
Private limited company
Registered office
Steenbakkersstraat(Kor) 34
8500 Kortrijk · FlandreSee on map
Contributed capital
10 000,00 €
Latest accounts
31/12/2025
Average workforce
10,8 ETP
Joint committees (1)
  • 14902
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin1,1 M €955,6 k €737,5 k €538,8 k €254,2 k €
EBITDA240,3 k €233,8 k €160 k €121,2 k €-3,8 k €
Operating result201,9 k €223 k €147,6 k €109,6 k €-9,9 k €
Net result139,9 k €152,5 k €101,3 k €89,7 k €-13,9 k €
Balance sheet
Equity459,4 k €319,6 k €167,1 k €65,8 k €-3,9 k €
Total assets1 M €854,3 k €593,4 k €343,1 k €227,5 k €
Cash60,7 k €154,8 k €29,4 k €32 k €42,2 k €
Debts530 k €517,6 k €421,9 k €271,4 k €227,1 k €
Other
Workforce10,8 ETP10,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 1 ended

Active mandates

JB

Director · since 01 novembre 2025 · 1003.173.208

Represented by Brunclair Joeri

Active
DESMET & ENGELS

Director · since 14 décembre 2020 · 0889.280.657

Represented by Engels CHARLOTTE

Active

Ended mandates

Rajen Brunclair

Director · since 14 décembre 2020

Ended
At this address

Other companies at this address

CompanyCBE no.
ALL WORKSActive
0425.714.984
DUMETActive
0447.854.938
Annual accounts

Full financial information

20252024202320222021
Type of accountAbridged modelAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/12/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months13 months
Filing date28/07/202631/07/202504/07/202427/07/202308/08/2022
General meeting30/06/202630/06/202528/06/202430/06/202330/06/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202628/07/2026DutchPDF
Abridged model31/12/202430/06/202531/07/2025DutchPDF
Micro model31/12/202328/06/202404/07/2024DutchPDF
Micro model31/12/202230/06/202327/07/2023DutchPDF
Micro model31/12/202130/06/202208/08/2022DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025 · 2 active · 1 ended

Active mandates

JB

Director · since 01 novembre 2025 · 1003.173.208

Represented by Brunclair Joeri

Active
DESMET & ENGELS

Director · since 14 décembre 2020 · 0889.280.657

Represented by Engels CHARLOTTE

Active

Ended mandates

Rajen Brunclair

Director · since 14 décembre 2020

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates07/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other22/12/2020
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025139,9 k €
  2. 2024
    Annual accounts 2024152,5 k €
  3. 2023
    Annual accounts 2023101,3 k €
  4. 2022
    Annual accounts 202289,7 k €
  5. 2021
    Annual accounts 2021-13,9 k €
  6. 18/12/2020
    IncorporationPrivate limited company