What does NORGREN do?

NORGREN is a wholesaler in Dilbeek. Public Limited, started on 18 October 1954, 1 establishment.

What is the address of NORGREN?

The registered office of NORGREN is located at Alfons Gossetlaan 54 box 5, 1702 Dilbeek.

Is NORGREN still active?

Yes. According to the CBE (29 October 2026) NORGREN is active, legal situation “Normale toestand”, started on 18 October 1954.

Is NORGREN registered on Peppol?

Yes, NORGREN is registered on the Peppol network with ID 0208:0402919885.

What is the enterprise number of NORGREN?

The enterprise number of NORGREN is BE0402919885.

When was NORGREN founded?

NORGREN was founded on 18 October 1954.

Who are the directors of NORGREN?

According to the 2025 annual accounts, the directors of NORGREN are: Ronny GIELEN, Geert MARTENS, Ger GROOT WESSELDIJK.

Is NORGREN a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 18 October 1954; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did NORGREN make in 2025?

NORGREN posted a profit after taxes of € 364,509 in financial year 2025.

What is the revenue of NORGREN?

In its most recent annual accounts (2025), NORGREN reported revenue of € 9,818,260.

How much does an employee at NORGREN earn?

The average wage cost per full-time employee at NORGREN was € 130,800 in 2025: staff costs of € 2.6 million for 19.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does NORGREN have?

According to the 2025 annual accounts, NORGREN has 19.6 full-time equivalents (FTE).

NORGREN (Public Limited) - Dilbeek - BE0402919885

Dossier NORGREN, printed on 29 October 2026 from databakkes.be/en/0402919885/norgren. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 24.9 to 19.6.

Financials

Financial year 2025

NORGREN from Dilbeek, company number BE0402919885, closed financial year 2025 with a result of € 364,509 after tax. For that financial year NORGREN recorded revenue of € 9.8 million and equity of € 2.6 million. Compared with financial year 2024, the result moved from € 95,071 to € 364,509. Profitable, and profit is growing. 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 May 26, 2026.

What it is worth Growing

€ 2.6 million

▲ 10% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 364,509

▲ 283% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 319,472

▲ € 314,211 vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 119,007 paid out

33 % of the profit went to the shareholders, mostly to IMI Overseas Investment BVBA (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

19.6

▼ 1.8 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 1.6 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 2.6 million

▼ 8% vs 2024

€ 130,800 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.

Vehicles and equipment

€ 18,732

▼ 28% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 538,153

▲ € 447,589 vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 29 days on average.

Taxes and wages

€ 429,643

▼ 46% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 12,146,095 Revenue 2022: € 12,146,095 First fiscal year in the series	€ 11,309,264 Revenue 2023: € 11,309,264 ▼ 7% vs 2022 (€ 12,146,095) Unfavourable step	€ 10,540,479 Revenue 2024: € 10,540,479 ▼ 7% vs 2023 (€ 11,309,264) Unfavourable step	€ 9,818,260 Revenue 2025: € 9,818,260 ▼ 7% vs 2024 (€ 10,540,479) Unfavourable step	▼ 7%
Profit after taxes	€ 399,444 Profit after taxes 2022: € 399,444 First fiscal year in the series	€ 330,740 Profit after taxes 2023: € 330,740 ▼ 17% vs 2022 (€ 399,444) Unfavourable step	€ 95,071 Profit after taxes 2024: € 95,071 ▼ 71% vs 2023 (€ 330,740) Unfavourable step	€ 364,509 Profit after taxes 2025: € 364,509 ▲ 283% vs 2024 (€ 95,071) Favourable step	▲ 283%
Equity	€ 2,698,735 Equity 2022: € 2,698,735 First fiscal year in the series	€ 2,635,475 Equity 2023: € 2,635,475 ▼ 2% vs 2022 (€ 2,698,735) Unfavourable step	€ 2,393,546 Equity 2024: € 2,393,546 ▼ 9% vs 2023 (€ 2,635,475) Unfavourable step	€ 2,639,048 Equity 2025: € 2,639,048 ▲ 10% vs 2024 (€ 2,393,546) Favourable step	▲ 10%
Total debts	€ 1,411,135 Total debts 2022: € 1,411,135 First fiscal year in the series	€ 1,198,904 Total debts 2023: € 1,198,904 ▼ 15% vs 2022 (€ 1,411,135) Favourable step	€ 954,814 Total debts 2024: € 954,814 ▼ 20% vs 2023 (€ 1,198,904) Favourable step	€ 1,040,942 Total debts 2025: € 1,040,942 ▲ 9% vs 2024 (€ 954,814) Unfavourable step	▲ 9%
Cash	€ 1,641,283 Cash 2022: € 1,641,283 First fiscal year in the series	€ 927,270 Cash 2023: € 927,270 ▼ 44% vs 2022 (€ 1,641,283) Unfavourable step	€ 5,261 Cash 2024: € 5,261 ▼ 99% vs 2023 (€ 927,270) Unfavourable step	€ 319,472 Cash 2025: € 319,472 ▲ € 314,211 vs 2024 (€ 5,261) Favourable step	▲ € 314,211
Land & buildings	€ 295,442 Land & buildings 2022: € 295,442 First fiscal year in the series	€ 675,399 Land & buildings 2023: € 675,399 ▲ 129% vs 2022 (€ 295,442) Unchanged	€ 642,955 Land & buildings 2024: € 642,955 ▼ 5% vs 2023 (€ 675,399) Unchanged	€ 610,511 Land & buildings 2025: € 610,511 ▼ 5% vs 2024 (€ 642,955) Unchanged	▼ 5%
Retained profit	€ 534,366 Retained profit 2022: € 534,366 First fiscal year in the series	€ 471,105 Retained profit 2023: € 471,105 ▼ 12% vs 2022 (€ 534,366) Unfavourable step	€ 229,176 Retained profit 2024: € 229,176 ▼ 51% vs 2023 (€ 471,105) Unfavourable step	€ 474,678 Retained profit 2025: € 474,678 ▲ 107% vs 2024 (€ 229,176) Favourable step	▲ 107%
Dividend	€ 344,000 Dividend 2022: € 344,000 First fiscal year in the series	€ 394,000 Dividend 2023: € 394,000 ▲ 15% vs 2022 (€ 344,000) Unchanged	€ 337,000 Dividend 2024: € 337,000 ▼ 14% vs 2023 (€ 394,000) Unchanged	€ 119,007 Dividend 2025: € 119,007 ▼ 65% vs 2024 (€ 337,000) Unchanged	▼ 65%
Balance sheet total	€ 4,109,870 Balance sheet total 2022: € 4,109,870 First fiscal year in the series	€ 3,834,379 Balance sheet total 2023: € 3,834,379 ▼ 7% vs 2022 (€ 4,109,870) Unchanged	€ 3,348,360 Balance sheet total 2024: € 3,348,360 ▼ 13% vs 2023 (€ 3,834,379) Unchanged	€ 3,679,990 Balance sheet total 2025: € 3,679,990 ▲ 10% vs 2024 (€ 3,348,360) Unchanged	▲ 10%
Employees (FTE)	31.1 Employees (FTE) 2022: 31.1 First fiscal year in the series	24.9 Employees (FTE) 2023: 24.9 ▼ 6.2 vs 2022 (31.1) Unchanged	21.4 Employees (FTE) 2024: 21.4 ▼ 3.5 vs 2023 (24.9) Unchanged	19.6 Employees (FTE) 2025: 19.6 ▼ 1.8 vs 2024 (21.4) Unchanged	▼ 1.8

Key figures of NORGREN, 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 NORGREN?

What happened at NORGREN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

May 26, 2026 New annual accounts for financial year 2025: profit of € 364,509 (▲ 283% vs 2024). Source: NBB ↗
2026 Ger GROOT WESSELDIJK stepped down as director. NBB
2021 Ronny GIELEN became a director. NBB
2020 Geert MARTENS became a director. NBB
2020 Ger GROOT WESSELDIJK became a director. NBB
Oct 18, 1954 Start of the company according to the CBE. KBO
Oct 1, 1954 New establishment in Dilbeek. KBO

In short

From € 399,444 profit in 2022 to € 364,509 profit in 2025.

Paid € 495,418 in corporate taxes since 2022.

Best year ever: 2022, with € 399,444 profit.

Paid out € 1.2 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

IMI Overseas Investment BVBA 100%

NORGREN

Behind NORGREN are Ronny GIELEN and Geert MARTENS. The shares are held by IMI Overseas Investment BVBA (100%).

Directors

According to the 2025 annual accounts

Ronny GIELEN

Director

since 2021

Geert MARTENS

Director

since 2020

Ger GROOT WESSELDIJK

Director

since 2020 · until 2026

Shareholders

IMI Overseas Investment BVBA

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Alfons Gossetlaan 54 box 5

1702 Dilbeek

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.

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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0402.919.885

VAT number

BE 0402.919.885

Registered office

Alfons Gossetlaan 54 bus 5, 1702 Dilbeek

Names & denominations

NORGREN

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

18 October 1954

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

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Groothandel in vervoermiddelen met uitzondering van auto's, motorrijwielen en rijwielen, in meetapparaten en -instrumenten, in navigatieapparatuur en andere diverse machines en uitrusting voor de nijv

Groothandel in gereedschapswerktuigen

Groothandel in andere machines en werktuigen, n.e.g.

Vervaardiging van hydraulische en pneumatische apparatuur

Vervaardiging van pompen en compressoren

View on CBE Public ↗ Annual accounts (NBB) ↗

NORGREN

Warning lights

Financials

What happened to NORGREN?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions