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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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 56 % of short-term debt in 2024; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
GLOBAL GRINDING from De Panne, company number BE0442952874, closed financial year 2024 with a result of € -49,271 after tax. For that financial year GLOBAL GRINDING recorded a gross margin of € 375,910 and equity of € 443,988. Compared with financial year 2023, the result moved from € -61,121 to € -49,271. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 13, 2025.
€ 443,988
▼ 10% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -49,271
▲ 19 % less loss than in 2023
Profit after tax over the fiscal year.
€ 1,673
▼ 79% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 243,988.
People and assets in 2024
€ 360,265
▼ 6% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 194,213
▲ 4% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 51,648
▲ 12% vs 2023
€ 6,594 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 123,832
▼ 37% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 257,691
▲ 60% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 432,226 | € 419,453 | € 377,597 | € 375,910 | |
| Profit after taxes | € 18,348 | € -113,181 | € -61,121 | € -49,271 | ▲ € 11,850 |
| Equity | € 667,562 | € 554,380 | € 493,259 | € 443,988 | ▼ 10% |
| Total debts | € 398,871 | € 452,331 | € 406,343 | € 519,235 | ▲ 28% |
| Cash | € 10,714 | € 124 | € 7,990 | € 1,673 | ▼ 79% |
| Retained profit | € 467,562 | € 354,380 | € 293,259 | € 243,988 | ▼ 17% |
| Bank debt | € 66,550 | € 65,282 | € 46,307 | € 51,648 | ▲ 12% |
| Balance sheet total | € 1,066,433 | € 1,006,712 | € 899,602 | € 963,223 | ▲ 7% |
| Employees (FTE) | 3 | 3 | 3 | - |
Key figures of GLOBAL GRINDING, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to GLOBAL GRINDING?
What happened at GLOBAL GRINDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
GLOBAL GRINDING is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 49,271. filed late Source: NBB ↗
- New establishment in De Panne. KBO
- Start of the company according to the CBE. KBO
In short
From € 18,348 profit in 2021 to € 49,271 loss in 2024.
Paid € 4,026 in corporate taxes since 2021.
Best year ever: 2021, with € 18,348 profit.
On average € 125,900 of value added per employee in 2023.
Management
Behind GLOBAL GRINDING is Stephan Dobos.
Directors
According to the 2024 annual accounts
Stephan Dobos
Director
Establishments
Establishment units
Physical locations of this company
De Pannelaan 73
8660 De Panne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0442.952.874
- VAT number
- BE 0442.952.874
- Registered office
- De Pannelaan 73, 8660 De Panne
- Names & denominations
- GLOBAL GRINDING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 3 December 1990
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
Vervaardiging van metalen constructiewerken en delen daarvan
Groothandel in motorvoertuigen
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in elektrisch materiaal, inclusief installatiemateriaal
Groothandel in elektrisch materiaal inclusief installatiemateriaal
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)