Financials
Financial year 2025
GRL Logistics from Beringen, company number BE0421925353, closed financial year 2025 with a result of € 31,269 after tax. For that financial year GRL Logistics recorded revenue of € 6.7 million and equity of € 4.6 million. Compared with financial year 2024, the result moved from € 293,315 to € 31,269. 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 July 22, 2026.
€ 4.6 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 31,269
▼ 89% vs 2024
Profit after tax over the fiscal year.
€ 381,544
▲ 174% 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 € 4.5 million.
People and assets in 2025
27.4
▲ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▼ 4% vs 2024
€ 44,300 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.
€ 1.7 million
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 723,906
▲ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 269,805
▲ 28% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 6,488,535 | € 6,719,672 | € 6,897,780 | € 6,731,535 | ▼ 2% |
| Gross margin | € 2,659,378 | € 2,675,191 | € 2,895,289 | € 2,424,817 | ▼ 16% |
| Profit after taxes | € 229,911 | € 199,597 | € 293,315 | € 31,269 | ▼ 89% |
| Equity | € 4,090,356 | € 4,289,953 | € 4,583,268 | € 4,614,537 | ▲ 1% |
| Total debts | € 2,426,380 | € 1,787,541 | € 1,014,069 | € 1,196,443 | ▲ 18% |
| Cash | € 441,552 | € 103,964 | € 139,039 | € 381,544 | ▲ 174% |
| Land & buildings | € 116,697 | € 107,374 | € 0 | - | |
| Retained profit | € 3,934,156 | € 4,133,753 | € 4,427,068 | € 4,458,338 | ▲ 1% |
| Balance sheet total | € 6,516,736 | € 6,077,494 | € 5,597,337 | € 5,810,980 | ▲ 4% |
| Employees (FTE) | 29.6 | 27.4 | 26.1 | 27.4 | ▲ 1.3 |
Key figures of GRL Logistics, 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 GRL Logistics?
What happened at GRL Logistics in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Christophe Bildstein stepped down as director. NBB
- Mervin stepped down as director. NBB
- Stephan Müller stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 31,269 (▼ 89% vs 2024). Source: NBB ↗
- New establishment in Beringen. KBO
- Christophe Bildstein became a director. NBB
- Mervin became a director. NBB
- Stephan Müller became a director. NBB
In short
From € 229,911 profit in 2022 to € 31,269 profit in 2025.
Paid € 230,611 in corporate taxes since 2022.
Best year ever: 2024, with € 293,315 profit.
On average € 88,500 of value added per employee in 2025.
Management
The shares are held by GRL Holding NV (100%).
Directors
According to the 2025 annual accounts
Christophe Bildstein
Director
since 2017 · until 2029
Director · represented by Martine Meuws
Also active at: ISOBUILD VERVIERS, TECHNICAS, ISOBUILD KORTEMARK, GRL Glass Recycling, ISOBUILD HOBOKEN, GRL HOLDING, VERMEERSCH LOGISTICS, ISOLTEAM
since 2017 · until 2029
Stephan Müller
Director
since 2017 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industrieweg 190
3583 Beringen
Dellestraat 10
3560 Lummen
Active since 1 October 1981
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0421.925.353
- VAT number
- BE 0421.925.353
- Registered office
- Industrieweg 190, 3583 Beringen
- Names & denominations
- GRL Logistics
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 September 1981
- Peppol
- Active · Active since 7 Oct 2025
- Activities · NACE
Inzameling van ongevaarlijk afval
Groothandel in ijzer- en staalschroot en in oude non-ferrometalen
Groothandel in afval en schroot