GLAS EXPRESS
0833.244.945 · rovalta.com · 23/09/2026
ACTIVE
GLAS EXPRESS
Financial year 2024 · closed on 31/12/2024
Net result
489,5 k €
+119.1% YoY
Gross margin
1,4 M €
+52.0% YoY
Equity
907,7 k €
+36.4% YoY
Overview
What does GLAS EXPRESS do?
GLAS EXPRESS is a Private limited company incorporated in 2011. Its main activity is: Painting and glazing. Its registered office is in Bilzen-Hoeselt.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0833.244.945
Incorporation
28/01/2011
Legal form
Private limited company
Registered office
Bilzersteenweg 7
3730 Bilzen-Hoeselt · FlandreSee on map
3730 Bilzen-Hoeselt · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2024
Activities (NACE)
Joint committees (3)
- 12400
- 200000
- 20000 12400
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 14 financial years
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||
| Gross margin | 1,4 M € | +52.0% | 918,2 k € | +42.7% | 643,6 k € | +4.4% | 616,2 k € | +9.7% | 561,9 k € | -3.9% | 584,9 k € | +21.2% | 482,7 k € | -5.6% | 511,6 k € | -1.2% | 517,8 k € | -3.1% | 534,5 k € | -8.1% | 581,4 k € | +7.1% | 542,8 k € | -15.6% | 642,8 k € | -6.9% | 690,4 k € |
| EBITDA | 681,1 k € | +112% | 321,5 k € | +54.8% | 207,6 k € | +35.5% | 153,2 k € | -2.3% | 156,9 k € | -7.0% | 168,6 k € | +39.1% | 121,2 k € | +1.9% | 119 k € | +3.8% | 114,6 k € | -21.2% | 145,5 k € | -1.3% | 147,5 k € | -10.3% | 164,5 k € | -33.7% | 248,2 k € | -20.6% | 312,7 k € |
| Operating result | 643,4 k € | +115% | 299,6 k € | +110% | 142,5 k € | +28.5% | 110,9 k € | +21.3% | 91,5 k € | -17.3% | 110,6 k € | +74.9% | 63,2 k € | +166% | 23,7 k € | -34.1% | 36 k € | +24.9% | 28,8 k € | +148% | 11,6 k € | +9.9% | 10,6 k € | -89.7% | 102,8 k € | -35.4% | 159,2 k € |
| Net result | 489,5 k € | +119% | 223,5 k € | +116% | 103,3 k € | +4.1% | 99,2 k € | +140% | 41,4 k € | -55.5% | 92,9 k € | +87.3% | 49,6 k € | +36.7% | 36,3 k € | +150% | 14,5 k € | -32.5% | 21,5 k € | +229% | 6,5 k € | -56.8% | 15,1 k € | -75.2% | 60,9 k € | -42.0% | 105 k € |
| Balance sheet | |||||||||||||||||||||||||||
| Equity | 907,7 k € | +36.4% | 665,2 k € | +50.6% | 441,7 k € | 0.0% | 441,7 k € | +29.0% | 342,5 k € | +13.7% | 301,1 k € | -8.2% | 328,2 k € | +17.8% | 278,6 k € | +15.0% | 242,3 k € | +6.4% | 227,8 k € | +10.4% | 206,3 k € | +3.3% | 199,7 k € | +8.2% | 184,6 k € | +49.3% | 123,6 k € |
| Total assets | 1,1 M € | +15.2% | 970,1 k € | +18.0% | 821,9 k € | +42.9% | 575,1 k € | +23.9% | 464,1 k € | +0.0% | 463,9 k € | -12.1% | 528 k € | +21.9% | 433 k € | +4.8% | 413 k € | -20.9% | 522 k € | -5.0% | 549,5 k € | -24.9% | 731,6 k € | -31.1% | 1,1 M € | -12.3% | 1,2 M € |
| Cash | 731 k € | +94.7% | 375,5 k € | +53.3% | 244,9 k € | +62.2% | 151 k € | -12.0% | 171,6 k € | +137% | 72,3 k € | – | – | 17 k € | -57.9% | 40,4 k € | +313% | 9,8 k € | -40.5% | 16,4 k € | -89.6% | 157,4 k € | -32.6% | 233,6 k € | |||
| Debts | 209,4 k € | -31.3% | 304,9 k € | -17.9% | 371,6 k € | +183% | 131,2 k € | +7.9% | 121,5 k € | -24.3% | 160,6 k € | -19.6% | 199,8 k € | +30.3% | 153,3 k € | -9.6% | 169,6 k € | -42.3% | 294,2 k € | -14.0% | 342,2 k € | -35.5% | 530,4 k € | -39.5% | 877,1 k € | -19.4% | 1,1 M € |
| Other | |||||||||||||||||||||||||||
| Workforce | – | 8,8 ETP | -2.2% | 9,0 ETP | +20.0% | 7,5 ETP | +17.2% | 6,4 ETP | -13.5% | 7,4 ETP | +2.8% | 7,2 ETP | -1.4% | 7,3 ETP | 0.0% | 7,3 ETP | -6.4% | 7,8 ETP | -2.5% | 8,0 ETP | 0.0% | 8,0 ETP | 0.0% | 8,0 ETP | 0.0% | 8,0 ETP | |
Estimate
Indicative valuation
As an indication, this company is worth
between 2,5 M€ and 5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2024 · 2 active · 6 ended
Active mandates
Stijn VANDERBIESEN
ActiveTara THOONEN
ActiveEnded mandates
edith hayen
EndedEdith Hayen
EndedStijn Vanderbiesen
EndedTara Thoonen
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
VINMAX● Active | 0790.692.134 |
Financials
Annual accounts
Full financial information
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 |
| Closing of the financial year | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 29/08/2025 | 31/08/2024 | 01/09/2023 | 30/08/2022 | 30/08/2021 | 28/08/2020 |
| General meeting | 03/06/2025 | 04/06/2024 | 06/06/2023 | 07/06/2022 | 01/06/2021 | 02/06/2020 |
| 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
14 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2024 | 03/06/2025 | 29/08/2025 | Dutch | |
| Abridged model | 31/12/2023 | 04/06/2024 | 31/08/2024 | Dutch | |
| Abridged model | 31/12/2022 | 06/06/2023 | 01/09/2023 | Dutch | |
| Abridged model | 31/12/2021 | 07/06/2022 | 30/08/2022 | Dutch | |
| Abridged model | 31/12/2020 | 01/06/2021 | 30/08/2021 | Dutch | |
| Abridged model | 31/12/2019 | 02/06/2020 | 28/08/2020 | Dutch | |
| Abridged model | 31/12/2018 | 04/06/2019 | 09/10/2019 | Dutch | |
| Abridged model | 31/12/2017 | 05/06/2018 | 22/08/2018 | Dutch | |
| Abridged model | 31/12/2016 | 06/06/2017 | 31/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 07/06/2016 | 31/08/2016 | Dutch | |
| Abridged model | 31/12/2014 | 02/06/2015 | 20/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 03/06/2014 | 16/06/2014 | Dutch | |
| Abridged model | 31/12/2012 | 04/06/2013 | 23/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 05/06/2012 | 28/08/2012 | Dutch |
Valuation
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.
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 31/12/2024 · 2 active · 6 ended
Active mandates
Stijn VANDERBIESEN
ActiveTara THOONEN
ActiveEnded mandates
edith hayen
EndedEdith Hayen
EndedStijn Vanderbiesen
EndedTara Thoonen
EndedShareholders
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
- 2024Annual accounts 2024489,5 k €↑
- 2023Annual accounts 2023223,5 k €↑
- 2022Annual accounts 2022103,3 k €↑
- 2021Annual accounts 202199,2 k €↑
- 2020Annual accounts 202041,4 k €↓
- 2019Annual accounts 201992,9 k €↑
- 2018Annual accounts 201849,6 k €↑
- 2017Annual accounts 201736,3 k €↑
- 2016Annual accounts 201614,5 k €↓
- 2015Annual accounts 201521,5 k €↑
- 2014Annual accounts 20146,5 k €↓
- 2013Annual accounts 201315,1 k €↓
- 2012Annual accounts 201260,9 k €↓
- 2011Annual accounts 2011105 k €
- 28/01/2011IncorporationPrivate limited company