GRASSI is registered with the CBE as active in: Activiteiten van holdings. Public Limited, started on 12 December 1990, 1 establishment.

What is the address of GRASSI?

The registered office of GRASSI is located at Hoogstraat 40, 1730 Asse.

Is GRASSI still active?

Yes. According to the CBE (29 October 2026) GRASSI is active, legal situation “Normale toestand”, started on 12 December 1990.

Is GRASSI registered on Peppol?

Yes, GRASSI is registered on the Peppol network with ID 0208:0442713740.

What is the enterprise number of GRASSI?

The enterprise number of GRASSI is BE0442713740.

When was GRASSI founded?

GRASSI was founded on 12 December 1990.

Who are the directors of GRASSI?

According to the 2025 annual accounts, the directors of GRASSI are: Fivical BV.

Is GRASSI a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 12 December 1990; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did GRASSI make in 2025?

GRASSI posted a profit after taxes of € 256,944 in financial year 2025.

What is the revenue of GRASSI?

As a small company, GRASSI is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 511,301.

How many employees does GRASSI have?

According to the 2025 annual accounts, GRASSI has 0 full-time equivalents (FTE).

GRASSI (Public Limited) - Asse - BE0442713740

Dossier GRASSI, printed on 29 October 2026 from databakkes.be/en/0442713740/grassi. 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 46 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

GRASSI from Asse, company number BE0442713740, closed financial year 2025 with a result of € 256,944 after tax. For that financial year GRASSI recorded a gross margin of € 511,301 and equity of € 12.2 million. Compared with financial year 2024, the result moved from € 71,103 to € 256,944. Profitable, and profit is growing. 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 June 3, 2026.

What it is worth Growing

€ 12.2 million

▲ 2% vs 2024

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

Profit Growing

€ 256,944

▲ 261% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 208,355

▼ 8% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 8.4 million.

People and assets in 2025

Full-time equivalents

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

Vehicles and equipment

€ 43,703

▲ 4% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 216

▼ 97% vs 2024

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

Taxes

€ 578

▼ 97% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 37,242 Gross margin 2022: € 37,242 First fiscal year in the series	€ 57,369 Gross margin 2023: € 57,369 ▲ 54% vs 2022 (€ 37,242) Favourable step	€ 208,744 Gross margin 2024: € 208,744 ▲ 264% vs 2023 (€ 57,369) Favourable step	€ 511,301 Gross margin 2025: € 511,301 ▲ 145% vs 2024 (€ 208,744) Favourable step	▲ 145%
Profit after taxes	€ -54,487 Profit after taxes 2022: € -54,487 First fiscal year in the series	€ -166,334 Profit after taxes 2023: € -166,334 ▼ € 111,847 vs 2022 (€ -54,487) Unfavourable step	€ 71,103 Profit after taxes 2024: € 71,103 ▲ € 237,437 vs 2023 (€ -166,334) Favourable step	€ 256,944 Profit after taxes 2025: € 256,944 ▲ 261% vs 2024 (€ 71,103) Favourable step	▲ 261%
Equity	€ 12,030,261 Equity 2022: € 12,030,261 First fiscal year in the series	€ 11,863,927 Equity 2023: € 11,863,927 ▼ 1% vs 2022 (€ 12,030,261) Unfavourable step	€ 11,935,030 Equity 2024: € 11,935,030 ▲ 1% vs 2023 (€ 11,863,927) Favourable step	€ 12,191,975 Equity 2025: € 12,191,975 ▲ 2% vs 2024 (€ 11,935,030) Favourable step	▲ 2%
Total debts	€ 1,029,586 Total debts 2022: € 1,029,586 First fiscal year in the series	€ 365,162 Total debts 2023: € 365,162 ▼ 65% vs 2022 (€ 1,029,586) Favourable step	€ 183,727 Total debts 2024: € 183,727 ▼ 50% vs 2023 (€ 365,162) Favourable step	€ 880,485 Total debts 2025: € 880,485 ▲ € 696,758 vs 2024 (€ 183,727) Unfavourable step	▲ € 696,758
Cash	€ 917,153 Cash 2022: € 917,153 First fiscal year in the series	€ 126,345 Cash 2023: € 126,345 ▼ 86% vs 2022 (€ 917,153) Unfavourable step	€ 226,897 Cash 2024: € 226,897 ▲ 80% vs 2023 (€ 126,345) Favourable step	€ 208,355 Cash 2025: € 208,355 ▼ 8% vs 2024 (€ 226,897) Unfavourable step	▼ 8%
Land & buildings	€ 4,902,081 Land & buildings 2022: € 4,902,081 First fiscal year in the series	€ 4,834,792 Land & buildings 2023: € 4,834,792 ▼ 1% vs 2022 (€ 4,902,081) Unchanged	€ 5,978,762 Land & buildings 2024: € 5,978,762 ▲ 24% vs 2023 (€ 4,834,792) Unchanged	€ 7,700,390 Land & buildings 2025: € 7,700,390 ▲ 29% vs 2024 (€ 5,978,762) Unchanged	▲ 29%
Retained profit	€ 8,257,386 Retained profit 2022: € 8,257,386 First fiscal year in the series	€ 8,091,052 Retained profit 2023: € 8,091,052 ▼ 2% vs 2022 (€ 8,257,386) Unfavourable step	€ 8,162,155 Retained profit 2024: € 8,162,155 ▲ 1% vs 2023 (€ 8,091,052) Favourable step	€ 8,419,099 Retained profit 2025: € 8,419,099 ▲ 3% vs 2024 (€ 8,162,155) Favourable step	▲ 3%
Bank debt	€ 1,000,000 Bank debt 2022: € 1,000,000 First fiscal year in the series	€ 350,000 Bank debt 2023: € 350,000 ▼ 65% vs 2022 (€ 1,000,000) Favourable step	€ 150,000 Bank debt 2024: € 150,000 ▼ 57% vs 2023 (€ 350,000) Favourable step	€ 0 Bank debt 2025: € 0 ▼ 100% vs 2024 (€ 150,000) Favourable step	▼ 100%
Balance sheet total	€ 13,065,855 Balance sheet total 2022: € 13,065,855 First fiscal year in the series	€ 12,234,781 Balance sheet total 2023: € 12,234,781 ▼ 6% vs 2022 (€ 13,065,855) Unchanged	€ 12,124,133 Balance sheet total 2024: € 12,124,133 ▼ 1% vs 2023 (€ 12,234,781) Unchanged	€ 13,174,095 Balance sheet total 2025: € 13,174,095 ▲ 9% vs 2024 (€ 12,124,133) Unchanged	▲ 9%

Key figures of GRASSI, 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 GRASSI?

What happened at GRASSI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 3, 2026 New annual accounts for financial year 2025: profit of € 256,944 (▲ 261% vs 2024). Source: NBB ↗
2019 Fivical BV became a director. NBB
Dec 12, 1990 New establishment in Asse. KBO
Dec 12, 1990 Start of the company according to the CBE. KBO

In short

From € 54,487 loss in 2022 to € 256,944 profit in 2025.

Paid € 6,361 in corporate taxes since 2022.

Best year ever: 2025, with € 256,944 profit.

Original PDFs at the National Bank ↗

Management

Fivical BV

GRASSI

Polymorf

Behind GRASSI is Fivical BV. Fivical BV is also behind Polymorf.

Directors

According to the 2025 annual accounts

Fivical BV

Director · represented by Heuninckx Bart

Also active at: Polymorf

since 2019

Establishments

Establishment units

Physical locations of this company

Registered office

Hoogstraat 40

1730 Asse

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.

All companies at this address →

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+3 more

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

Details

Company number

0442.713.740

VAT number

BE 0442.713.740

Registered office

Hoogstraat 40, 1730 Asse

Names & denominations

GRASSI

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

12 December 1990

Peppol

Active · Active since 20 Dec 2025

Activities · NACE

Activiteiten van holdings

Holdings

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Handel in eigen onroerend goed

View on CBE Public ↗ Annual accounts (NBB) ↗

GRASSI

Warning lights

Financials

What happened to GRASSI?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions