Financials
Financial year 2025
greif services belgium from Brecht, company number BE0438202052, closed financial year 2025 with a result of € -94,483 after tax. For that financial year greif services belgium recorded revenue of € 1.3 million and equity of € 18.8 million. Compared with financial year 2023, the result moved from € 40,415 to € -94,483. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 29, 2026.
€ 18.8 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -94,483
▼ still € 40,415 profit in 2023
Profit after tax over the fiscal year.
€ 31.5 million
▼ 3% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 18.8 million.
People and assets in 2025
11.4
Average over the fiscal year, from the social balance sheet.
€ 1.9 million
▲ 18% vs 2023
€ 165,600 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
€ 121.2 million
▼ 10% vs 2023
Loans from banks and other lenders, long and short.
€ 1.2 million
▼ 66% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 131 days on average.
€ 574,393
▲ 103% vs 2023
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|
| Revenue | € 993,378 | € 2,937,128 | € 1,348,577 | ▼ 54% |
| Profit after taxes | € 124,992 | € 40,415 | € -94,483 | ▼ € 134,898 |
| Equity | € 18,788,927 | € 18,829,342 | € 18,778,883 | |
| Total debts | € 329,467,753 | € 138,004,761 | € 129,041,852 | ▼ 6% |
| Cash | € 38,986,871 | € 32,592,754 | € 31,469,952 | ▼ 3% |
| Retained profit | € 18,770,377 | € 18,810,792 | € 18,760,333 | |
| Bank debt | € 327,709,154 | € 134,207,999 | € 121,237,765 | ▼ 10% |
| Balance sheet total | € 348,417,997 | € 157,383,504 | € 148,100,117 | ▼ 6% |
| Employees (FTE) | 13.2 | 11.4 | 11.4 |
Key figures of greif services 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 services belgium?
What happened at greif services 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 € 94,483 (▼ € 134,898 vs 2023). filed late Source: NBB ↗
- Michael J. Taylor became a director. NBB
- Marco Kraetz became a director. NBB
- New establishment in Brecht. KBO
- Start of the company according to the CBE. KBO
In short
From € 124,992 profit in 2022 to € 94,483 loss in 2025.
Paid € 204,064 in corporate taxes since 2022.
Best year ever: 2022, with € 124,992 profit.
Pays suppliers within 131 days on average.
Management
Behind greif services belgium are Michael J. Taylor and Marco Kraetz.
Directors
According to the 2025 annual accounts
Michael J. Taylor
Director
since 2026
Marco Kraetz
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Beukenlei 26
2960 Brecht
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0438.202.052
- VAT number
- BE 0438.202.052
- Registered office
- Beukenlei 26, 2960 Brecht
- Names & denominations
- greif services belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 August 1989
- Peppol
- Active · Active since 24 Sept 2025
- Activities · NACE
Activiteiten van hoofdkantoren
Coördinatiecentra