Financials
Financial year 2025
GREIF BELGIUM from Lier, company number BE0407237771, closed financial year 2025 with a result of € -727,884 after tax. For that financial year GREIF BELGIUM recorded revenue of € 78.8 million and equity of € 21.3 million. Compared with financial year 2023, the result moved from € 2.5 million to € -727,884. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 7, 2026.
€ 21.3 million
▼ 1% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -727,884
▼ still € 2.5 million profit in 2023
Profit after tax over the fiscal year.
€ 13.7 million
▼ 10% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 21.3 million.
People and assets in 2025
172.4
▲ 1.9 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 13.9 million
▲ 6% vs 2023
€ 80,400 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.
Debts at end 2025
€ 399,077
▼ 66% vs 2023
Loans from banks and other lenders, long and short.
€ 9.8 million
▼ 10% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 55 days on average.
€ 3 million
▼ 6% vs 2023
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|
| Revenue | € 138,994,673 | € 100,453,239 | € 78,831,821 | ▼ 22% |
| Profit after taxes | € 6,779,978 | € 2,451,901 | € -727,884 | ▼ € 3.2 million |
| Equity | € 19,013,414 | € 21,465,314 | € 21,317,049 | ▼ 1% |
| Total debts | € 24,889,113 | € 16,501,285 | € 13,322,458 | ▼ 19% |
| Cash | € 9,616,252 | € 15,221,049 | € 13,726,077 | ▼ 10% |
| Land & buildings | € 1,618,336 | € 1,534,573 | € 3,201,624 | ▲ 109% |
| Retained profit | € 18,991,443 | € 21,443,344 | € 21,295,078 | ▼ 1% |
| Bank debt | € 1,244,988 | € 1,188,631 | € 399,077 | ▼ 66% |
| Balance sheet total | € 44,268,958 | € 38,357,555 | € 34,932,613 | ▼ 9% |
| Employees (FTE) | 172.7 | 170.5 | 172.4 | ▲ 1.9 |
Key figures of GREIF BELGIUM, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to GREIF BELGIUM?
What happened at GREIF BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 727,884 (▼ € 3.2 million vs 2023). filed late Source: NBB ↗
- Liselot Demuynck became a director. NBB
- Bob Leysen became a director. NBB
- New establishment in Lier. KBO
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 6.8 million profit in 2022 to € 727,884 loss in 2025.
Paid € 2.3 million in corporate taxes since 2022.
Best year ever: 2022, with € 6.8 million profit.
Pays suppliers within 55 days on average.
Management
Behind GREIF BELGIUM are Liselot Demuynck and Bob Leysen. The shares are held by Greif International Holding BV (100%) and Paauw Holdings BV (0%).
Directors
According to the 2025 annual accounts
Liselot Demuynck
Director
since 2022
since 2013
Shareholders
Greif International Holding BV
100%
Paauw Holdings BV
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Bollaarstraat 6
2500 Lier
Industrieweg 20 box 1
9032 Gent
Active since 14 September 1982
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0407.237.771
- VAT number
- BE 0407.237.771
- Registered office
- Bollaarstraat 6, 2500 Lier
- Names & denominations
- GREIF BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 August 1970
- Peppol
- Active · Active since 24 Sept 2025
- Activities · NACE
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