What does OSG DAVID GRINDING SERVICES do?

OSG DAVID GRINDING SERVICES is a metalworking company in Kuurne. Private Limited, started on 10 October 1983, 1 establishment.

What is the address of OSG DAVID GRINDING SERVICES?

The registered office of OSG DAVID GRINDING SERVICES is located at Heirweg 82, 8520 Kuurne.

Is OSG DAVID GRINDING SERVICES still active?

Yes. According to the CBE (30 October 2026) OSG DAVID GRINDING SERVICES is active, legal situation “Normale toestand”, started on 10 October 1983.

Is OSG DAVID GRINDING SERVICES registered on Peppol?

Yes, OSG DAVID GRINDING SERVICES is registered on the Peppol network with ID 0208:0424653132.

What is the enterprise number of OSG DAVID GRINDING SERVICES?

The enterprise number of OSG DAVID GRINDING SERVICES is BE0424653132.

When was OSG DAVID GRINDING SERVICES founded?

OSG DAVID GRINDING SERVICES was founded on 10 October 1983.

Who are the directors of OSG DAVID GRINDING SERVICES?

According to the 2025 annual accounts, the directors of OSG DAVID GRINDING SERVICES are: OSAWA HIDEAKI, LUC VANHOOREWEDER.

Is OSG DAVID GRINDING SERVICES a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 10 October 1983; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did OSG DAVID GRINDING SERVICES make in 2025?

OSG DAVID GRINDING SERVICES posted a profit after taxes of € 341,345 in financial year 2025.

What is the revenue of OSG DAVID GRINDING SERVICES?

As a small company, OSG DAVID GRINDING SERVICES is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 2,193,800.

How much does an employee at OSG DAVID GRINDING SERVICES earn?

The average wage cost per full-time employee at OSG DAVID GRINDING SERVICES was € 70,900 in 2025: staff costs of € 1.4 million for 19.1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does OSG DAVID GRINDING SERVICES have?

According to the 2025 annual accounts, OSG DAVID GRINDING SERVICES has 19.1 full-time equivalents (FTE).

Does OSG DAVID GRINDING SERVICES have a website?

Yes, OSG DAVID GRINDING SERVICES has a website at precdavid.be.

OSG DAVID GRINDING SERVICES (Private Limited) - Kuurne

Dossier OSG DAVID GRINDING SERVICES, printed on 30 October 2026 from databakkes.be/en/0424653132/osg-david-grinding-services. 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.

Tight liquidity NBB

Cash and receivables cover 54 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

OSG DAVID GRINDING SERVICES from Kuurne, company number BE0424653132, closed financial year 2025 with a result of € 341,345 after tax. For that financial year OSG DAVID GRINDING SERVICES recorded a gross margin of € 2.2 million and equity of € 2.2 million. Compared with financial year 2024, the result moved from € 364,225 to € 341,345. 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 May 21, 2026.

What it is worth Growing

€ 2.2 million

▲ 11% vs 2024

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

Profit Healthy

€ 341,345

▼ 6% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 220,659

▼ 39% vs 2024

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

Where the profit goes Pays out

€ 119,470 paid out

35 % of the profit went to the shareholders, mostly to OSG BeLux (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

19.1

▲ 0.5 vs 2024

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

Wage cost

€ 1.4 million

▲ 6% vs 2024

€ 70,900 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

€ 94,477

▲ 60% vs 2024

Of which on lease € 37,678.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 200,141

▼ 22% vs 2024

€ 65,066 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 315,867

▼ 17% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 169,480

▲ 18% 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
Gross margin	€ 1,663,926 Gross margin 2022: € 1,663,926 First fiscal year in the series	€ 1,950,420 Gross margin 2023: € 1,950,420 ▲ 17% vs 2022 (€ 1,663,926) Favourable step	€ 2,086,849 Gross margin 2024: € 2,086,849 ▲ 7% vs 2023 (€ 1,950,420) Favourable step	€ 2,193,800 Gross margin 2025: € 2,193,800 ▲ 5% vs 2024 (€ 2,086,849) Favourable step	▲ 5%
Profit after taxes	€ 253,136 Profit after taxes 2022: € 253,136 First fiscal year in the series	€ 322,353 Profit after taxes 2023: € 322,353 ▲ 27% vs 2022 (€ 253,136) Favourable step	€ 364,225 Profit after taxes 2024: € 364,225 ▲ 13% vs 2023 (€ 322,353) Favourable step	€ 341,345 Profit after taxes 2025: € 341,345 ▼ 6% vs 2024 (€ 364,225) Unfavourable step	▼ 6%
Equity	€ 1,527,639 Equity 2022: € 1,527,639 First fiscal year in the series	€ 1,737,167 Equity 2023: € 1,737,167 ▲ 14% vs 2022 (€ 1,527,639) Favourable step	€ 1,973,912 Equity 2024: € 1,973,912 ▲ 14% vs 2023 (€ 1,737,167) Favourable step	€ 2,195,787 Equity 2025: € 2,195,787 ▲ 11% vs 2024 (€ 1,973,912) Favourable step	▲ 11%
Total debts	€ 1,144,683 Total debts 2022: € 1,144,683 First fiscal year in the series	€ 1,751,802 Total debts 2023: € 1,751,802 ▲ 53% vs 2022 (€ 1,144,683) Unfavourable step	€ 1,630,148 Total debts 2024: € 1,630,148 ▼ 7% vs 2023 (€ 1,751,802) Favourable step	€ 1,669,407 Total debts 2025: € 1,669,407 ▲ 2% vs 2024 (€ 1,630,148) Unfavourable step	▲ 2%
Cash	€ 372,235 Cash 2022: € 372,235 First fiscal year in the series	€ 217,216 Cash 2023: € 217,216 ▼ 42% vs 2022 (€ 372,235) Unfavourable step	€ 363,906 Cash 2024: € 363,906 ▲ 68% vs 2023 (€ 217,216) Favourable step	€ 220,659 Cash 2025: € 220,659 ▼ 39% vs 2024 (€ 363,906) Unfavourable step	▼ 39%
Land & buildings	€ 900,994 Land & buildings 2022: € 900,994 First fiscal year in the series	€ 1,623,373 Land & buildings 2023: € 1,623,373 ▲ 80% vs 2022 (€ 900,994) Unchanged	€ 1,632,439 Land & buildings 2024: € 1,632,439 ▲ 1% vs 2023 (€ 1,623,373) Unchanged	€ 1,551,424 Land & buildings 2025: € 1,551,424 ▼ 5% vs 2024 (€ 1,632,439) Unchanged	▼ 5%
Retained profit	€ 1,440,639 Retained profit 2022: € 1,440,639 First fiscal year in the series	€ 1,650,167 Retained profit 2023: € 1,650,167 ▲ 15% vs 2022 (€ 1,440,639) Favourable step	€ 1,886,912 Retained profit 2024: € 1,886,912 ▲ 14% vs 2023 (€ 1,650,167) Favourable step	€ 2,108,787 Retained profit 2025: € 2,108,787 ▲ 12% vs 2024 (€ 1,886,912) Favourable step	▲ 12%
Dividend	€ 88,000 Dividend 2022: € 88,000 First fiscal year in the series	€ 112,825 Dividend 2023: € 112,825 ▲ 28% vs 2022 (€ 88,000) Unchanged	€ 127,480 Dividend 2024: € 127,480 ▲ 13% vs 2023 (€ 112,825) Unchanged	€ 119,470 Dividend 2025: € 119,470 ▼ 6% vs 2024 (€ 127,480) Unchanged	▼ 6%
Bank debt	€ 322,881 Bank debt 2022: € 322,881 First fiscal year in the series	€ 269,931 Bank debt 2023: € 269,931 ▼ 16% vs 2022 (€ 322,881) Favourable step	€ 256,698 Bank debt 2024: € 256,698 ▼ 5% vs 2023 (€ 269,931) Favourable step	€ 200,141 Bank debt 2025: € 200,141 ▼ 22% vs 2024 (€ 256,698) Favourable step	▼ 22%
Balance sheet total	€ 2,672,321 Balance sheet total 2022: € 2,672,321 First fiscal year in the series	€ 3,488,968 Balance sheet total 2023: € 3,488,968 ▲ 31% vs 2022 (€ 2,672,321) Unchanged	€ 3,604,060 Balance sheet total 2024: € 3,604,060 ▲ 3% vs 2023 (€ 3,488,968) Unchanged	€ 3,865,193 Balance sheet total 2025: € 3,865,193 ▲ 7% vs 2024 (€ 3,604,060) Unchanged	▲ 7%
Employees (FTE)	16.5 Employees (FTE) 2022: 16.5 First fiscal year in the series	18.2 Employees (FTE) 2023: 18.2 ▲ 1.7 vs 2022 (16.5) Unchanged	18.6 Employees (FTE) 2024: 18.6 ▲ 0.4 vs 2023 (18.2) Unchanged	19.1 Employees (FTE) 2025: 19.1 ▲ 0.5 vs 2024 (18.6) Unchanged	▲ 0.5

Key figures of OSG DAVID GRINDING SERVICES, 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 June 2027.

What happened to OSG DAVID GRINDING SERVICES?

What happened at OSG DAVID GRINDING SERVICES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

May 21, 2026 New annual accounts for financial year 2025: profit of € 341,345 (▼ 6% vs 2024). Source: NBB ↗
Oct 10, 1983 New establishment in Kuurne. KBO
Oct 10, 1983 Start of the company according to the CBE. KBO

In short

From € 253,136 profit in 2022 to € 341,345 profit in 2025.

Paid € 468,472 in corporate taxes since 2022.

Best year ever: 2024, with € 364,225 profit.

On average € 114,900 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

OSG BeLux 100%

The stake of OSG BeLux comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

OSG DAVID GRINDING SERVICES

Behind OSG DAVID GRINDING SERVICES are OSAWA HIDEAKI and LUC VANHOOREWEDER. The shares are held by OSG BeLux (100%).

Directors

According to the 2025 annual accounts

OSAWA HIDEAKI

Director

LUC VANHOOREWEDER

Director

Also active at: OSG EUROPE LOGISTICS, OSG BeLux

Shareholders

OSG BeLux

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Heirweg 82

8520 Kuurne

2.023.171.956

Heirweg 82-84

8520 Kuurne

Active since 10 October 1983

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

Website

HTTP precdavid.be

Technologies

ASP.NETIIS

Hosting & Email

Email provider

Microsoft 365

Hosting

BELGACOM Proximus Customer Edge-Network, BE

Website info

HTTPS Nee

Features

Security

✗ HTTPS

✓ SPF

✗ DMARC

Details

Company number

0424.653.132

VAT number

BE 0424.653.132

Registered office

Heirweg 82, 8520 Kuurne

Names & denominations

OSG DAVID GRINDING SERVICES

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

10 October 1983

Peppol

Active · Active since 20 Nov 2020

Contact

precdavid.be

Activities · NACE

Verspanend bewerken van metalen

Algemene metaalbewerking

Vervaardiging van overige artikelen van metaal, n.e.g.

Vervaardiging van overige producten van metaal, neg

View on CBE Public ↗ Annual accounts (NBB) ↗

OSG DAVID GRINDING SERVICES

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Financials

What happened to OSG DAVID GRINDING SERVICES?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Website

Technologies

Hosting & Email

Website info

Features

Security

Details

Frequently asked questions