Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 10.8 to 8.5.
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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2025
MAISON DE GREEF from Brussel, company number BE0400613562, closed financial year 2025 with a result of € 1.1 million after tax. For that financial year MAISON DE GREEF recorded revenue of € 13.1 million and equity of € 7.6 million. Compared with financial year 2024, the result moved from € 1.3 million to € 1.1 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2025.
€ 7.6 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.1 million
▼ 15% vs 2024
Profit after tax over the fiscal year.
€ 2 million
▼ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 700,000 paid out
61 % of the profit went to the shareholders, mostly to BEAUTIFUL SOUTH (100 % of the shares). That is where the money ends up.
People and assets in 2025
8.5
▼ 1.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 795,124
▲ 1% vs 2024
€ 93,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 338,494
▲ 11% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.8 million
▲ 1% vs 2024
€ 247,494 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 689,754
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 25 days on average.
€ 225,475
▼ 5% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 14,453,625 | € 11,756,551 | € 12,117,968 | € 13,080,471 | ▲ 8% |
| Profit after taxes | € 1,782,042 | € 1,486,768 | € 1,347,562 | € 1,147,649 | ▼ 15% |
| Equity | € 5,870,048 | € 6,448,125 | € 7,189,356 | € 7,630,673 | ▲ 6% |
| Total debts | € 3,100,886 | € 3,200,783 | € 3,291,513 | € 3,060,625 | ▼ 7% |
| Cash | € 2,158,891 | € 1,646,863 | € 2,076,452 | € 2,012,656 | ▼ 3% |
| Land & buildings | € 249,505 | € 248,921 | € 257,017 | € 270,702 | ▲ 5% |
| Retained profit | € 5,555,180 | € 6,141,948 | € 6,889,510 | € 7,337,159 | ▲ 6% |
| Dividend | € 600,000 | € 900,000 | € 600,000 | € 700,000 | ▲ 17% |
| Bank debt | € 1,757,558 | € 1,570,741 | € 1,728,573 | € 1,751,600 | ▲ 1% |
| Balance sheet total | € 8,992,557 | € 9,667,634 | € 10,497,485 | € 10,705,802 | ▲ 2% |
| Employees (FTE) | 9.6 | 10.8 | 10.4 | 8.5 | ▼ 1.9 |
Key figures of MAISON DE GREEF, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.
What happened to MAISON DE GREEF?
What happened at MAISON DE GREEF in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- BEAUTIFUL SOUTH SRL stepped down as director. NBB
- Tania Shortt stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.1 million (▼ 15% vs 2024). Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- BEAUTIFUL SOUTH SRL became a director. NBB
- Tania Shortt became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Brussel. KBO
In short
From € 1.8 million profit in 2022 to € 1.1 million profit in 2025.
Paid € 2.1 million in corporate taxes since 2022.
Best year ever: 2022, with € 1.8 million profit.
Paid out € 2.8 million in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of BEAUTIFUL SOUTH comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MAISON DE GREEFThe shares are held by BEAUTIFUL SOUTH (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Wittmann ARNAUD
since 2024 · until 2030
since 2024 · until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Boterstraat 24
1000 Brussel
Boterstraat 24-26
1000 Brussel
Active since 1 May 1934
Kustlaan 179
8300 Knokke-Heist
Active since 1 September 2025
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0400.613.562
- VAT number
- BE 0400.613.562
- Registered office
- Boterstraat 24, 1000 Brussel
- Names & denominations
- MAISON DE GREEF
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 May 1934
- Peppol
- Active · Active since 30 Jan 2025
- Activities · NACE
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