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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Grenz-Echo from Eupen, company number BE0402337093, closed financial year 2025 with a result of € -166,439 after tax. For that financial year Grenz-Echo recorded revenue of € 6.1 million and equity of € 1.1 million. Compared with financial year 2024, the result moved from € -132,253 to € -166,439. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 19, 2026.
€ 1.1 million
▼ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -166,439
▼ 26 % more loss than in 2024
Profit after tax over the fiscal year.
€ 308,992
▲ 88% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -9,580.
People and assets in 2025
34.9
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.4 million
€ 69,700 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.
€ 107,534
▼ 19% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.7 million
▲ 204% vs 2024
€ 37,527 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 746,883
▲ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 377,668
▼ 1% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 6,905,214 | € 6,455,934 | € 6,439,718 | € 6,101,791 | ▼ 5% |
| Gross margin | € 2,414,140 | € 2,105,378 | € 2,451,126 | € 2,444,985 | |
| Profit after taxes | € -300,149 | € -375,953 | € -132,253 | € -166,439 | ▼ € 34,186 |
| Equity | € 1,803,484 | € 1,427,531 | € 1,295,278 | € 1,128,839 | ▼ 13% |
| Total debts | € 2,795,854 | € 2,670,360 | € 3,100,510 | € 4,081,687 | ▲ 32% |
| Cash | € 259,593 | € 123,302 | € 164,779 | € 308,992 | ▲ 88% |
| Retained profit | € 665,065 | € 289,112 | € 156,859 | € -9,580 | ▼ € 166,439 |
| Dividend | € 1,430,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 166,008 | € 331,707 | € 571,363 | € 1,734,943 | ▲ 204% |
| Balance sheet total | € 4,599,338 | € 4,097,891 | € 4,395,788 | € 5,210,526 | ▲ 19% |
| Employees (FTE) | 40.7 | 37.2 | 35.7 | 34.9 | ▼ 0.8 |
Key figures of Grenz-Echo, 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 July 2027.
What happened to Grenz-Echo?
What happened at Grenz-Echo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 166,439. Source: NBB ↗
- Ernst THOMMESSEN stepped down as director. NBB
- Eric MALRAIN stepped down as director. NBB
- IMMOFIDA stepped down as director. NBB
- BERMAL stepped down as director. NBB
- ROSSEL HURBAIN stepped down as director. NBB
- Ernst THOMMESSEN became a director. NBB
- Eric MALRAIN became a director. NBB
In short
From € 300,150 loss in 2022 to € 166,439 loss in 2025.
Paid € 12,193 in corporate taxes since 2022.
On average € 70,100 of value added per employee in 2025.
Paid out € 1.4 million in dividends to the owners in total.
Management
The stake of ROSSEL & Cie, E. THOMMESSEN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Grenz-EchoThe shares are held by ROSSEL & Cie (75%) and E. THOMMESSEN (25%). It owns 51% of COBEL D itself.
Directors
According to the 2025 annual accounts
Ernst THOMMESSEN
Chairman of the board
Also active at: OSTBELGISCHER MEDIENVERLAG, SANKT VITHER MOBELCENTER, IMMOFIDA, E. THOMMESSEN, REAL ESTATE EUPEN, Wall & Facade solutions, GE DISTRIBUTION SERVICES, MATECOM
since 2020 · until 2026
Eric MALRAIN
Director
Also active at: Les Editions rurales - De Landelijke Uitgeverijen, GROUPE VLAN, ROSSEL INTERACTIVE MEDIA, OSTBELGISCHER MEDIENVERLAG, AUDIOPRESSE, HUDEMA, EDITIONS CINE - REVUE, Rendez - Vous Group +19 more
since 2020 · until 2026
Director · represented by Eric THOMMESSEN
Also active at: OSTBELGISCHER MEDIENVERLAG, REAL ESTATE EUPEN, GE DISTRIBUTION SERVICES
since 2020 · until 2026
Director · represented by Alexandre HURBAIN
Also active at: Les Editions rurales - De Landelijke Uitgeverijen, OSTBELGISCHER MEDIENVERLAG, REAL ESTATE EUPEN, GE DISTRIBUTION SERVICES, ROSSEL PRINTING COMPANY
since 2020 · until 2026
Director · represented by Bernard MARCHANT
Also active at: Les Editions rurales - De Landelijke Uitgeverijen, GROUPE VLAN, OSTBELGISCHER MEDIENVERLAG, REMY-ROTO, GROUPE SUDMEDIA, Lille Investissement Belgique, REAL ESTATE EUPEN, GE DISTRIBUTION SERVICES
since 2020 · until 2026
Shareholders
75%
25%
Participations
51%
Establishments
Establishment units
Physical locations of this company
Place du Marché 8
4700 Eupen
Hauptstrasse 89
4780 Sankt Vith
Active since 1 March 1932
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0402.337.093
- VAT number
- BE 0402.337.093
- Registered office
- Place du Marché 8, 4700 Eupen
- Names & denominations
- Grenz-Echo
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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