Financials
Financial year 2026
GRUTMAN HOME DECOR from Hasselt, company number BE0415544337, closed financial year 2026 with a result of € 3,082 after tax. For that financial year GRUTMAN HOME DECOR recorded a gross margin of € 834,626 and equity of € 1.1 million. Compared with financial year 2025, the result moved from € 189,748 to € 3,082. 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 September 30, 2026.
€ 1.1 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,082
▼ 98% vs 2025
Profit after tax over the fiscal year.
€ 48,007
▼ 79% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 407,386.
People and assets in 2026
10.6
▼ 12.2 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 738,800
▼ 44% vs 2025
€ 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.
€ 92,113
▲ 16% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 700,264
▼ 2% vs 2025
€ 25,082 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 195,590
▼ 67% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 161,437
▲ 1% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 1,399,747 | € 1,405,168 | € 1,656,182 | € 834,626 | ▼ 50% |
| Profit after taxes | € 67,442 | € 24,591 | € 189,748 | € 3,082 | ▼ 98% |
| Equity | € 854,965 | € 879,556 | € 1,069,304 | € 1,072,386 | |
| Total debts | € 1,542,462 | € 1,819,369 | € 1,597,295 | € 1,176,461 | ▼ 26% |
| Cash | € 91,762 | € 99,354 | € 228,669 | € 48,007 | ▼ 79% |
| Land & buildings | € 12,238 | € 9,152 | € 6,700 | € 4,003 | ▼ 40% |
| Retained profit | € 189,965 | € 214,556 | € 404,304 | € 407,386 | ▲ 1% |
| Bank debt | € 223,947 | € 728,049 | € 711,098 | € 700,264 | ▼ 2% |
| Balance sheet total | € 2,397,427 | € 2,698,925 | € 2,666,599 | € 2,248,846 | ▼ 16% |
| Employees (FTE) | 22.7 | 22.3 | 22.8 | 10.6 | ▼ 12.2 |
Key figures of GRUTMAN HOME DECOR, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 August 2027.
What happened to GRUTMAN HOME DECOR?
What happened at GRUTMAN HOME DECOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 3,082 (▼ 98% vs 2025). filed late Source: NBB ↗
- New establishment in Hasselt. KBO
- Jean-Claude Bormans became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Hasselt. KBO
In short
From € 67,442 profit in 2023 to € 3,082 profit in 2026.
Paid € 2,145 in corporate taxes since 2023.
Best year ever: 2025, with € 189,748 profit.
On average € 78,700 of value added per employee in 2026.
Management
The stake of GRUBOR comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GRUTMAN HOME DECORBehind GRUTMAN HOME DECOR is Jean-Claude Bormans. The shares are held by GRUBOR (88.2%).
Directors
According to the 2026 annual accounts
since 2023
Shareholders
88.2%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Onze-Lieve-Vrouwstraat 5
3500 Hasselt
Prins-Bisschopssingel 60
3500 Hasselt
Active since 12 February 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →VASTGOED INVEST PROJECTS
€ 63,268 gross margin · 2025
GRUBOR same network
€ 210,100 gross margin · 2025
ATLANTIS
€ 10,160 gross margin · 2025
BTW-EENHEID GRUTMAN
Familie Schraepen
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
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DNS
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Website info
Features
Security
Details
- Company number
- 0415.544.337
- VAT number
- BE 0415.544.337
- Registered office
- Onze-Lieve-Vrouwstraat 5, 3500 Hasselt
- Names & denominations
- GRUTMAN HOME DECOR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 November 1975
- Peppol
- Active · Active since 18 Dec 2025
- Contact
- grutmanhomedecor.be
- Activities · NACE
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