Warning lights
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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Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GROSCO from Ieper, company number BE0420715328, closed financial year 2025 with a result of € 64,118 after tax. For that financial year GROSCO recorded a gross margin of € 185,738 and equity of € 395,585. Compared with financial year 2024, the result moved from € 16,531 to € 64,118. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 13, 2026.
€ 395,585
▲ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 64,118
▲ 288% vs 2024
Profit after tax over the fiscal year.
€ 16,949
▲ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 245,585.
People and assets in 2025
€ 8,757
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
€ 1.4 million
€ 123,051 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 7,890
▲ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,247
▼ 3% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 159,395 | € 175,170 | € 173,562 | € 185,738 | ▲ 7% |
| Profit after taxes | € 26,922 | € 131 | € 16,531 | € 64,118 | ▲ 288% |
| Equity | € 314,805 | € 314,936 | € 331,467 | € 395,585 | ▲ 19% |
| Total debts | € 1,768,687 | € 1,670,460 | € 1,636,305 | € 2,078,301 | ▲ 27% |
| Cash | € 38,510 | € 89,174 | € 15,619 | € 16,949 | ▲ 9% |
| Land & buildings | € 1,665,497 | € 1,592,281 | € 1,490,117 | € 1,920,980 | ▲ 29% |
| Retained profit | € 164,805 | € 164,936 | € 181,467 | € 245,585 | ▲ 35% |
| Bank debt | € 1,590,859 | € 1,496,597 | € 1,397,927 | € 1,404,455 | |
| Balance sheet total | € 2,083,492 | € 1,985,396 | € 1,967,772 | € 2,473,886 | ▲ 26% |
Key figures of GROSCO, 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 GROSCO?
What happened at GROSCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 64,118 (▲ 288% vs 2024). filed late Source: NBB ↗
- Brecht Schoonaert became a director. NBB
- Mathijs Schoonaert became a director. NBB
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 26,922 profit in 2022 to € 64,118 profit in 2025.
Paid € 28,541 in corporate taxes since 2022.
Best year ever: 2025, with € 64,118 profit.
A new publication or filing at GROSCO? We notify you, reason included.
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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
Behind GROSCO are Brecht Schoonaert, Mathijs Schoonaert, Peter Schoonaert and Lieve De Groote. The same people are also behind TWENTYONE.
Establishments
Establishment units
Physical locations of this company
Rijselseweg 7B box 1A
8900 Ieper
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0420.715.328
- VAT number
- BE 0420.715.328
- Registered office
- Rijselseweg 7B bus 1A, 8900 Ieper
- Names & denominations
- GROSCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 September 1980
- Peppol
- Active · Active since 31 Jan 2025
- Activities · NACE
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