Financials
Financial year 2025
GRADES from Leuven, company number BE0443146775, closed financial year 2025 with a result of € 20,174 after tax. For that financial year GRADES recorded a gross margin of € 57,411 and equity of € 62,923. Compared with financial year 2024, the result moved from € 25,726 to € 20,174. 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 August 9, 2026.
€ 62,923
▲ 47% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20,174
▼ 22% vs 2024
Profit after tax over the fiscal year.
€ 15,619
▲ 165% 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 € 44,173.
People and assets in 2025
€ 10,239
▼ 64% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 41,036
▼ 13% vs 2024
Of which on lease € 34,067.
Debts at end 2025
€ 40,446
▼ 23% vs 2024
€ 12,373 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 4,640
▲ 93% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,697
▲ 13% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 102,319 | € 107,825 | € 84,685 | € 57,411 | ▼ 32% |
| Profit after taxes | € 11,952 | € 24,002 | € 25,726 | € 20,174 | ▼ 22% |
| Equity | € 13,021 | € 37,023 | € 42,749 | € 62,923 | ▲ 47% |
| Total debts | € 55,010 | € 38,327 | € 85,691 | € 63,783 | ▼ 26% |
| Cash | € 24,859 | € 19,307 | € 5,889 | € 15,619 | ▲ 165% |
| Land & buildings | - | € 12,373 | € 22,309 | € 19,785 | ▼ 11% |
| Retained profit | € -5,729 | € 18,273 | € 23,999 | € 44,173 | ▲ 84% |
| Dividend | € 0 | € 0 | € 20,000 | € 0 | ▼ 100% |
| Bank debt | € 31,811 | € 16,766 | € 52,806 | € 40,446 | ▼ 23% |
| Balance sheet total | € 68,031 | € 75,350 | € 128,440 | € 126,706 | ▼ 1% |
Key figures of GRADES, 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 GRADES?
What happened at GRADES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 20,174 (▼ 22% vs 2024). filed late Source: NBB ↗
- Rose Marie A Desmet became a director. NBB
- Stefaan Grauwels became a director. NBB
- New establishment in Leuven. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,952 profit in 2022 to € 20,174 profit in 2025.
Paid € 16,991 in corporate taxes since 2022.
Best year ever: 2024, with € 25,726 profit.
Paid out € 20,000 in dividends to the owners in total.
A new publication or filing at GRADES? We notify you, reason included.
Follow GRADESDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind GRADES are Rose Marie A Desmet and Stefaan Grauwels.
Directors
According to the 2025 annual accounts
Rose Marie A Desmet
Director
since 2001
Stefaan Grauwels
Director
since 2001
Establishments
Establishment units
Physical locations of this company
Mechelsesteenweg 15
3012 Leuven
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Hosting
DIGITALOCEAN-ASN - DigitalOcean, LLC, US
DNS
DigitalOcean DNS
Website info
Features
Security
Details
- Company number
- 0443.146.775
- VAT number
- BE 0443.146.775
- Registered office
- Mechelsesteenweg 15, 3012 Leuven
- Names & denominations
- GRADES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 February 1991
- Peppol
- Active · Active since 21 Nov 2025
- Contact
- kapsalon-wax.be
- Activities · NACE
Kappers- en barbiersactiviteiten
Kapsalons
Haarverzorging