What is the main business of Glassbud Construction?

The main business activity of Glassbud Construction focuses on building works related to erection of residential and non-residential buildings.

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on May 25, 2009.

Where is the headquarters located?

The headquarters is located at: Ogrodowa 9, 68-120 Iłowa.

Who is on the management board?

The management board consists of: Michał Stefan Koseła (President of the Management Board).

What is the share capital?

The share capital of the company is PLN 110,000 (approx. $29,714).

What period do the latest financial data cover?

The latest available financial statement covers the period from January 1, 2025 to December 31, 2025.

What was the revenue?

In 2025, the company generated total revenue of $1,134,227, representing a decrease of 0.8% compared to 2024.

No, the company recorded a net loss of $301,111 in 2025. For comparison, in 2024 the loss was $70,451, meaning the company increased its loss by 326.4%.

Which cost dominates operating expenses?

The largest operating cost category falls under external services. This category amounted to $630,591 in 2025, representing 63% of all operating expenses.

Glassbud Constructionsp. z o.o.

Building works related to erection of residential and non-residential buildings

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2009-05-25

Share capital

110 000,00 PLN

Activity description

Glassbud is a general contractor providing construction services. The excerpt does not include concrete projects, specialties, or a detailed service offer. The website is under maintenance and is expected to be available soon.

Registered address

Ogrodowa 9, 68-120 Iłowa, Poland

Website

glassbud.pl

Electronic delivery address

AE:PL-14026-35401-AJFWE-21

Financials

Revenue history (in k)

Data and insights are generated automatically based on financial statements and may contain errors. This analysis is for informational purposes only and does not constitute an official assessment of the company's credibility or business advice.

Statistics

How the company ranks by revenue within its industry, region and across Poland in 2025.

Results vs industry

Revenue

This companyUSD 1.13mMedianUSD 199.50kAverageUSD 1.90m

Net profit

This companyUSD -301.11kMedianUSD 5.25kAverageUSD 108.45k

Operating costs

This companyUSD 1.00mMedianUSD 167.77kAverageUSD 1.71m

Assets

This companyUSD 278.26kMedianUSD 316.29kAverageUSD 5.21m

Industry

Bank accounts

Registered as a VAT taxpayer on 2009-06-15. Active

PKO Bank Polski
86 1020 1068 0000 1902 0350 7738

Debt

No entries in the National Debtors Register (KRZ). No proceedings in KRZ

Public aid

9 public aid cases recorded, with a total value of $92,539.

Grant date	Purpose	Gross amount	Granting body
Aug 10, 2023	De minimis aid (in accordance with Commission Regulation No 1407/2013 or earlier)	$4,019$4,019	Prezes Banku Gospodarstwa Krajowego
Aug 1, 2022	De minimis aid (in accordance with Commission Regulation No 1407/2013 or earlier)	$4,187$4,187	Prezes Banku Gospodarstwa Krajowego
Oct 22, 2021	De minimis aid (in accordance with Commission Regulation No 1407/2013 or earlier)	$4,140$4,140	Prezes Banku Gospodarstwa Krajowego

Tenders

1 tender recorded as contractor, with a total value of $522,358.

Publication date	Subject	Amount	Contracting authority
Mar 2, 2023	Przebudowa zbiornika retencyjnego przy ul. Młyńskiej w Iłowej	$522.4K$522,358	Gmina Iłowa

Trademarks

Glassbud Construction holds 2 active trademarks registered with the Polish Patent Office. The first mark was filed in 2019.

Mark	Number	Classes	Status	Protected until
GLASSBUD CONSTRUCTION(word)	Z.499755	37	Protected	May 15, 2029
GBC THE CONSTRUCTION COMPANY	Z.499757	37	Protected	May 15, 2029

Mark	Protected until
GLASSBUD CONSTRUCTION(word)	May 15, 2029
GBC THE CONSTRUCTION COMPANY	May 15, 2029

Regulatory authorisations

Authority	Type	Status
BDO	BDO register entry	Active

Authorized Representatives

Elżbieta Dromarecka Koseła – Attorney-in-fact (sole)

Maciej Koseła – Attorney-in-fact (sole)

Michał Stefan Koseła – President of the Management Board

Manner of representation

In the case of a multi-member management board, each member of the management board is authorised to represent independently.

Ownership

Owner	Shares	Share value	Stake
Michał Stefan Koseła (44)	95	$28,227.98	95%
Others	5	$1,485.68	5%

Beneficial owners

Person	Rights

Competitors

Name	Revenue	Website
Budwexsp. z o.o.	$1,952,554.11	budwex.pl
Zakład Remontowo - Budowlany Gips - Servicesp. z o.o.	$1,552,281.56	gips-service.pl
Budstamsp. z o.o.	$1,416,324.69	budstam.pl
R-Budsp. z o.o. + limited partnership	$1,311,608.06	r-bud.net.pl
SKDsp. z o.o.	$1,108,461.28	skdbud.pl
Budmasz Polskasp. z o.o.	$1,029,095.45	budmaszpolska.pl
Berbudsp. z o.o. + limited partnership	$998,940.57	berbud.com.pl
Tex-Bud Firma Budowlanasp. z o.o.	$884,818.85	tex-bud.pl
Budrewsp. z o.o.	$674,059.58	budrew.com
Cbudsp. z o.o.	$648,141.97	cbud.pl

Change history

Date	Event
2021-09-17	Address change (Wita Stwosza 19/20/1, 50-148, Wrocław → Ul. Ludowa 15b/5, 55-040, Kobierzyce)
2015-09-01	PKD change (Removed: 25.11.Z, 25.12.Z, 25.29.Z, 25.61.Z, 25.62.Z, 25.99.Z, 28.11.Z, 28.12.Z, 28.13.Z, 28.14.Z, 28.15.Z, 28.22.Z, 28.25.Z, 28.29.Z, 28.99.Z, 33.11.Z, 33.14.Z, 33.19.Z, 33.20.Z, 36.00.Z, 37.00.Z, 38.11.Z, 38.12.Z, 38.21.Z, 38.22.Z, 38.31.Z, 38.32.Z, 39.00.Z, 42.11.Z, 42.12.Z, 42.21.Z, 42.22.Z, 42.99.Z, 43.13.Z, 43.21.Z, 43.31.Z, 43.32.Z, 43.33.Z, 43.34.Z, 46.47.Z, 46.52.Z, 46.63.Z, 46.73.Z, 46.77.Z, 47.52.Z, 47.54.Z, 47.59.Z, 49.39.Z, 49.41.Z, 49.42.Z, 52.10.A, 52.10.B, 52.21.Z, 68.10.Z, 68.20.Z, 68.31.Z, 68.32.Z, 70.10.Z, 70.21.Z, 70.22.Z, 71.12.Z, 71.20.B, 72.19.Z, 73.11.Z, 73.12.A, 73.12.B, 85.59.B, 85.60.Z; Added: 45.20.Z)
2014-11-18	Address change (Św. Antoniego 34, 50-073, Wrocław → Wita Stwosza 19/20/1, 50-148, Wrocław)
2013-09-09	Address change (Wita Stwosza 19/20/1, 50-148, Wrocław → Św. Antoniego 34, 50-073, Wrocław)
2013-09-09	PKD change (Added: 72.19.Z, 85.59.B, 85.60.Z)

FAQ

Last updated: 2026-07-20