ACTIVE

Glassdesign

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Financial year 2025 · closed on 30/06/2025

Net result

10,8 k €

-93.9% YoY

Gross margin

843,2 k €

-21.6% YoY

Equity

292,2 k €

-36.7% YoY

Workforce

11,1 ETP

-5.1% YoY

What does Glassdesign do?

Glassdesign is a Private limited company incorporated in 2006. Its registered office is in Gent. It employs on average 11,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0885.872.888

Incorporation

21/12/2006

Legal form

Private limited company

Registered office

Industrieweg 200
9030 Gent · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

30/06/2025

Average workforce

11,1 ETP

Joint committees (7)

115
1150
124
1240
200
2000
218

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	843,2 k €	-21.6%	1,1 M €	+8.8%	988,1 k €	-11.2%	1,1 M €	+13.0%	984,2 k €	+38.1%	712,5 k €	-10.1%	792,2 k €	+17.4%	675 k €	-8.6%	738,7 k €	-8.0%	802,8 k €	-5.6%	850,1 k €	-1.3%	861,3 k €	-19.4%	1,1 M €	+23.8%	863,1 k €	+16.4%	741,3 k €	+57.7%	470,2 k €	+49.6%	314,4 k €	-43.0%	551,3 k €
EBITDA	126,8 k €	-62.4%	337,1 k €	+38.0%	244,3 k €	-37.8%	393 k €	+31.5%	299 k €	+97.6%	151,3 k €	-23.9%	198,7 k €	+42.7%	139,3 k €	-30.2%	199,4 k €	-7.6%	215,8 k €	+5.8%	204 k €	-33.7%	307,9 k €	-35.6%	478,4 k €	+27.3%	375,9 k €	+10.2%	341,1 k €	+6.1%	321,3 k €	+66.1%	193,4 k €	-49.6%	383,4 k €
Operating result	22,2 k €	-90.4%	231,1 k €	+85.5%	124,6 k €	-54.2%	272 k €	+45.6%	186,9 k €	+1221%	14,1 k €	-22.3%	18,2 k €	+253%	5,2 k €	-86.5%	38,3 k €	-6.1%	40,8 k €	+211%	13,1 k €	-32.9%	19,5 k €	-84.7%	127,3 k €	+28.5%	99,1 k €	-29.5%	140,5 k €	+109%	67,1 k €	-9.7%	74,3 k €	+13.3%	65,6 k €
Net result	10,8 k €	-93.9%	176 k €	+102%	87,3 k €	-60.9%	223,1 k €	+26.2%	176,9 k €	+7737%	2,3 k €	-92.2%	28,9 k €	+701%	3,6 k €	-89.4%	33,9 k €	+8.0%	31,4 k €	+242%	9,2 k €	+115%	4,3 k €	-94.4%	75,9 k €	+13.7%	66,8 k €	-16.7%	80,2 k €	+182%	28,5 k €	-26.4%	38,7 k €	+165%	14,6 k €
Balance sheet
Equity	292,2 k €	-36.7%	461,5 k €	+0.2%	460,5 k €	+2.4%	449,7 k €	+56.3%	287,8 k €	+36.4%	210,9 k €	+1.1%	208,7 k €	-43.6%	369,6 k €	+1.0%	366 k €	+10.2%	332,1 k €	+10.5%	300,7 k €	+3.2%	291,5 k €	-5.5%	308,3 k €	+32.7%	232,4 k €	+40.3%	165,6 k €	+93.9%	85,4 k €	+50.0%	56,9 k €	+71.4%	33,2 k €
Total assets	1,2 M €	-9.9%	1,4 M €	-1.2%	1,4 M €	+1.6%	1,4 M €	+4.0%	1,3 M €	+15.2%	1,1 M €	-20.6%	1,4 M €	-11.6%	1,6 M €	-0.4%	1,6 M €	-8.4%	1,8 M €	-5.2%	1,9 M €	-2.4%	1,9 M €	-7.1%	2,1 M €	+14.3%	1,8 M €	+66.7%	1,1 M €	+17.6%	923,1 k €	+53.3%	602,4 k €	+0.5%	599,2 k €
Cash	135,4 k €	-33.5%	203,7 k €	+52.6%	133,5 k €	-37.7%	214,5 k €	+5.8%	202,7 k €	+21.1%	167,5 k €	-28.8%	235,3 k €	+39.9%	168,2 k €	+11.2%	151,2 k €	+16.8%	129,5 k €	-32.4%	191,6 k €	+5.6%	181,4 k €	+10.9%	163,5 k €	-25.0%	217,9 k €	-34.7%	333,9 k €	+77.5%	188,1 k €	-6.7%	201,7 k €	+23.1%	163,9 k €
Debts	940,6 k €	+3.7%	907,1 k €	-1.9%	924,6 k €	+2.5%	902,4 k €	-10.6%	1 M €	+10.4%	914,8 k €	-24.7%	1,2 M €	-2.6%	1,2 M €	+0.4%	1,2 M €	-13.6%	1,4 M €	-8.4%	1,6 M €	-3.4%	1,6 M €	-7.4%	1,8 M €	+11.6%	1,6 M €	+74.1%	902,2 k €	+9.5%	823,7 k €	+56.7%	525,6 k €	-5.3%	555,1 k €
Other
Workforce	11,1 ETP	-5.1%	11,7 ETP	-2.5%	12,0 ETP	+3.4%	11,6 ETP	+4.5%	11,1 ETP	-0.9%	11,2 ETP	-0.9%	11,3 ETP	+7.6%	10,5 ETP	+1.9%	10,3 ETP	-10.4%	11,5 ETP	-4.2%	12,0 ETP	+3.4%	11,6 ETP	-9.4%	12,8 ETP	+19.6%	10,7 ETP	+0.9%	10,6 ETP	+253%	3,0 ETP	+11.1%	2,7 ETP	0.0%	2,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 5 ended

Active mandates

Glassdesign

Director · since 06 octobre 2022 · 0885.872.888

Represented by Frank DE RYCK

Active

Ended mandates

Glassdesign Group

Director · since 06 octobre 2022 · 0791.529.601

Represented by Frank De Ryck

Ended

ARCUS

Manager · since 01 janvier 2007 · 0479.015.791

Represented by Frank De Ryck

Ended

ARCUS

Manager · 0479.015.791

Represented by Frank De Ryck

Ended

ARCUS

Director · 0479.015.791

Represented by Frank De Ryck

Ended

At this address

Other companies at this address

Company	CBE no.
Glassdesign Group● Active	0791.529.601

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	18/12/2025	10/01/2025	31/01/2024	22/12/2022	28/01/2022	27/01/2021
General meeting	15/12/2025	16/12/2024	29/01/2024	05/12/2022	27/01/2022	28/12/2020
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

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Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	15/12/2025	18/12/2025	Dutch	PDF
Abridged model	30/06/2024	16/12/2024	10/01/2025	Dutch	PDF
Abridged model	30/06/2023	29/01/2024	31/01/2024	Dutch	PDF
Abridged model	30/06/2022	05/12/2022	22/12/2022	Dutch	PDF
Abridged model	30/06/2021	27/01/2022	28/01/2022	Dutch	PDF
Abridged model	30/06/2020	28/12/2020	27/01/2021	Dutch	PDF
Abridged model	30/06/2019	31/12/2019	31/01/2020	Dutch	PDF
Abridged model	30/06/2018	31/12/2018	11/01/2019	Dutch	PDF
Abridged model	30/06/2017	29/12/2017	31/01/2018	Dutch	PDF
Abridged model	30/06/2016	30/12/2016	30/01/2017	Dutch	PDF
Abridged model	30/06/2015	30/12/2015	15/01/2016	Dutch	PDF
Abridged model	30/06/2014	17/12/2014	08/01/2015	Dutch	PDF
Abridged model	30/06/2013	22/01/2014	29/01/2014	Dutch	PDF
Abridged model	30/06/2012	15/01/2013	12/02/2013	Dutch	PDF
Abridged model	30/06/2011	05/12/2011	19/12/2011	Dutch	PDF
Abridged model	30/06/2010	06/12/2010	13/12/2010	Dutch	PDF
Abridged model	30/06/2009	07/12/2009	16/12/2009	Dutch	PDF
Abridged model	30/06/2008	01/12/2008	10/12/2008	Dutch	PDF

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.

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 30/06/2025 · 1 active · 5 ended

Active mandates

Glassdesign

Director · since 06 octobre 2022 · 0885.872.888

Represented by Frank DE RYCK

Active

Ended mandates

Glassdesign Group

Director · since 06 octobre 2022 · 0791.529.601

Represented by Frank De Ryck

Ended

ARCUS

Manager · since 01 janvier 2007 · 0479.015.791

Represented by Frank De Ryck

Ended

ARCUS

Manager · 0479.015.791

Represented by Frank De Ryck

Ended

ARCUS

Director · 0479.015.791

Represented by Frank De Ryck

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office15/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares27/10/2022
KAPITAAL - AANDELEN
PDF
Mandates27/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares14/01/2019
KAPITAAL - AANDELEN
PDF
Capital / shares06/06/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office22/04/2014
MAATSCHAPPELIJKE ZETEL
PDF
Registered office25/02/2013
MAATSCHAPPELIJKE ZETEL
PDF
Other20/02/2007
DIVERSEN
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

2025
Annual accounts 202510,8 k €↓
2024
Annual accounts 2024176 k €↑
2024
Name changeGlassdesign
2023
Annual accounts 202387,3 k €↓
2022
Annual accounts 2022223,1 k €↑
2022
Name changeVerdesign
2021
Annual accounts 2021176,9 k €↑
2020
Annual accounts 20202,3 k €↓
2019
Annual accounts 201928,9 k €↑
2018
Annual accounts 20183,6 k €↓
2017
Annual accounts 201733,9 k €↑
2016
Annual accounts 201631,4 k €↑
2015
Annual accounts 20159,2 k €↑
2014
Annual accounts 20144,3 k €↓
2013
Annual accounts 201375,9 k €↑
2012
Annual accounts 201266,8 k €↓
2011
Annual accounts 201180,2 k €↑
2010
Annual accounts 201028,5 k €↓
2009
Annual accounts 200938,7 k €↑
2008
Annual accounts 200814,6 k €
21/12/2006
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Glassdesign

Overview

What does Glassdesign do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline