AXA - GLASS
ActiveSummary
AXA - GLASS has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.64M and a net result of €1.55M. Equity is growing by ~21.8% per year across the filed fiscal years. Its solvency ranks better than 89% of 4886 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
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Financials · fiscal year 2025, full schema
Filed annual accounts As filed with the NBB · 2025 against 2024 · 72 lines
The notes to these accounts (40 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €29.93M | €30.92M | €27.42M | €24.58M | ▼ 10.4% |
| Turnover70 | - | €29.75M | €30.88M | €27.40M | €24.56M | ▼ 10.4% |
| Other operating income74 | - | €180k | €36k | €25k | €25k | ▲ 0.5% |
| Non-recurring operating income76A | - | €0 | - | - | - | - |
| Operating charges60/66A | - | €30.21M | €28.96M | €26.63M | €22.87M | ▼ 14.1% |
| Goods for resale, raw materials and consumables60 | - | €27.09M | €26.42M | €24.46M | €21.07M | ▼ 13.9% |
| Purchases600/8 | - | €27.11M | €26.95M | €24.17M | €20.92M | ▼ 13.5% |
| Change in stocks: decrease (increase)609 | - | €-15k | €-522k | €291k | €155k | ▼ 46.7% |
| Services and other goods61 | - | €1.52M | €2.33M | €1.63M | €1.66M | ▲ 2.3% |
| Remuneration, social security and pensions62 | €407k | €454k | €488k | €467k | €527k | ▲ 13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €3k | €4k | €6k | €6k | = |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €1.05M | €-287k | €53k | €-601k | ▼ 1,230% |
| Other operating charges640/8 | €4k | €84k | €4k | €10k | €662 | ▼ 93.6% |
| Non-recurring operating charges66A | €5k | €4k | €0 | - | €200k | - |
| Gross operating margin9900 | €1.23M | - | - | - | - | - |
| Operating profit (loss)9901 | €811k | €-278k | €1.95M | €794k | €1.71M | ▲ 115% |
| Financial income75/76B | €320k | €1.18M | €596k | €356k | €346k | ▼ 2.9% |
| Recurring financial income75 | €280k | €1.18M | €596k | €356k | €346k | ▼ 2.9% |
| Income from current assets751 | - | €0 | €3 | €9k | €21k | ▲ 124% |
| Other financial income752/9 | - | €1.18M | €596k | €347k | €326k | ▼ 6.2% |
| Non-recurring financial income76B | €40k | - | - | - | - | - |
| Financial charges65/66B | €6k | €24k | €13k | €9k | €6k | ▼ 32.3% |
| Recurring financial charges65 | €6k | €24k | €13k | €9k | €6k | ▼ 32.3% |
| Debt charges650 | - | €2k | €8k | €7k | €2k | ▼ 76.0% |
| Other financial charges652/9 | - | €22k | €4k | €1k | €4k | ▲ 230% |
| Profit (loss) for the period before taxes9903 | €1.13M | €874k | €2.54M | €1.14M | €2.05M | ▲ 79.4% |
| Income taxes67/77 | €426k | €232k | €730k | €291k | €503k | ▲ 73.1% |
| Taxes670/3 | - | €232k | €730k | €291k | €503k | ▲ 73.1% |
| Profit (loss) for the period9904 | €699k | €642k | €1.81M | €851k | €1.55M | ▲ 81.6% |
| Transfer to tax-exempt reserves689 | - | - | - | €431k | €411k | ▼ 4.4% |
| Profit (loss) for the period to be appropriated9905 | €699k | €642k | €1.81M | €421k | €1.13M | ▲ 170% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.87M | €7.64M | €7.21M | €6.32M | €7.86M | ▲ 24.3% |
| Fixed assets21/28 | €534k | €410k | €419k | €413k | €407k | ▼ 1.4% |
| Tangible fixed assets22/27 | €19k | €17k | €26k | €20k | €14k | ▼ 29.1% |
| Plant, machinery and equipment23 | €4k | €3k | €10k | €8k | €5k | ▼ 33.7% |
| Furniture and vehicles24 | €15k | €14k | €16k | €13k | €9k | ▼ 26.4% |
| Financial fixed assets28 | €515k | €392k | €392k | €392k | €392k | = |
| Affiliated companies280/1 | - | €392k | €392k | €392k | €392k | = |
| Participating interests280 | - | €392k | €392k | €392k | €392k | = |
| Other financial fixed assets284/8 | - | €0 | - | - | - | - |
| Amounts receivable and cash guarantees285/8 | - | €0 | - | - | - | - |
| Current assets29/58 | €6.34M | €7.23M | €6.79M | €5.91M | €7.46M | ▲ 26.1% |
| Stocks and contracts in progress3 | €825k | €840k | €1.36M | €1.07M | €916k | ▼ 14.5% |
| Stocks30/36 | €825k | €840k | €1.36M | €1.07M | €916k | ▼ 14.5% |
| Goods purchased for resale34 | - | €840k | €1.36M | €1.07M | €916k | ▼ 14.5% |
| Amounts receivable within one year40/41 | €5.48M | €6.38M | €4.24M | €2.85M | €3.68M | ▲ 29.0% |
| Trade receivables40 | €5.24M | €6.37M | €4.22M | €2.74M | €3.67M | ▲ 33.8% |
| Other amounts receivable41 | €233k | €12k | €24k | €110k | €11k | ▼ 89.7% |
| Current investments50/53 | - | - | - | - | €1.00M | - |
| Other investments51/53 | - | - | - | - | €1.00M | - |
| Cash at bank and in hand54/58 | €33k | €3k | €1.18M | €1.88M | €1.85M | ▼ 1.7% |
| Deferred charges and accrued income490/1 | - | - | €9k | €107k | €12k | ▼ 89.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.87M | €7.64M | €7.21M | €6.32M | €7.86M | ▲ 24.3% |
| Equity10/15 | €3.24M | €3.68M | €4.49M | €5.34M | €6.64M | ▲ 24.3% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €1.52M | €3.66M | €4.47M | €5.32M | €6.62M | ▲ 24.4% |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Tax-exempt reserves132 | - | - | - | €431k | €842k | ▲ 95.6% |
| Distributable reserves133 | €1.52M | €3.66M | €4.47M | €4.89M | €5.78M | ▲ 18.1% |
| Profit (loss) carried forward14 | €1.70M | €0 | - | - | - | - |
| Amounts payable17/49 | €3.63M | €3.95M | €2.72M | €984k | €1.23M | ▲ 24.7% |
| Amounts payable within one year42/48 | €3.63M | €3.95M | €2.72M | €984k | €1.23M | ▲ 24.7% |
| Current portion of amounts payable after more than one year42 | €120k | €147k | €170k | €68k | €0 | ▼ 100% |
| Financial debts43 | €2k | €202k | €236 | €0 | - | - |
| Credit institutions430/8 | €2k | €202k | €236 | €0 | - | - |
| Trade debts44 | €2.99M | €2.70M | €1.21M | €673k | €930k | ▲ 38.2% |
| Suppliers440/4 | €2.99M | €2.70M | €1.21M | €673k | €930k | ▲ 38.2% |
| Taxes, remuneration and social security45 | €320k | €510k | €343k | €244k | €297k | ▲ 21.9% |
| Taxes450/3 | €278k | €466k | €308k | €196k | €253k | ▲ 29.0% |
| Remuneration and social security454/9 | €42k | €43k | €35k | €47k | €44k | ▼ 7.3% |
| Other amounts payable47/48 | €200k | €400k | €1.00M | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €699k | €642k | €1.81M | €851k | €1.55M | ▲ 81.6% |
| + Depreciation and write-downs630 | €2k | €3k | €4k | €6k | €6k | = |
| Operating cash flow (approximation) | €701k | €645k | €1.81M | €857k | €1.55M | ▲ 81.0% |
| Investment in fixed assets (approximation) | - | €121k | €-13k | €0 | €0 | - |
| Change in cash | - | €-30k | €1.17M | €708k | €-33k | ▼ 105% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
31-08
State Gazette act
Resignations: Mont Boss (director) and MM Collections (director)Reappointment: MvS-Pack (director) · Appointments: Jean-Christophe GAASCH, Peter BÖRNER and MvS-Pack · Director discharge15 facts ▸
- General meeting, 17-07-2026
- Director resignation, Mont Boss (director)
- Director resignation, MM Collections (director)
- Director discharge, Mont Boss
- Director discharge, MM Collections
- Director discharge, MvS-Pack
- Director discharge, Jean-Christophe GAASCH
- Director discharge, Peter BÖRNER
- Director reappointment, MvS-Pack (director)
- Director appointment, Jean-Christophe GAASCH (director)
- Director appointment, Peter BÖRNER (director)
- Power of attorney, De Groote - De Man BV
- +3 further facts in this act
Show earlier events
About the unread acts
Of the 7 Belgian State Gazette acts we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Not every act has been read: a resignation may be missing here
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41016A0782/00N000 | Flanders | 715 m² | 1 · 219 m² | 9.9 m · 2 fl. |
Linked by address, not proof of ownership
Structure & network
Connections & network
4 connected companiesPublic money · subsidies and aid
Flemish government
2025 · 1 entry · 4,500 EUR awarded · 4,500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 4,500 EUR | 4,500 EUR |
Recognitions · licences · registrations
Food safety, FASFC
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