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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Tight liquidity NBB
Cash and receivables cover 37 % of short-term debt in 2026; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 14.8 to 11.9.
Financials
Financial year 2026
GRIETENS CONCEPT from Herent, company number BE0443860815, closed financial year 2026 with a result of € 245,741 after tax. For that financial year GRIETENS CONCEPT recorded a gross margin of € 1.5 million and equity of € 770,852. Compared with financial year 2025, the result moved from € 140,609 to € 245,741. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 23, 2026.
€ 770,852
▲ 30% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 245,741
▲ 75% vs 2025
Profit after tax over the fiscal year.
€ 250,459
▲ 21% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 69,709 paid out
28 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2026
11.9
▼ 1.8 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 864,984
▼ 15% vs 2025
€ 72,700 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.
€ 84,644
▲ 159% vs 2025
Of which on lease € 51,566.
Debts at end 2026
€ 1.6 million
▼ 13% vs 2025
€ 291,499 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 717,780
▲ 30% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 189,695
▼ 3% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 1,218,543 | € 1,304,680 | € 1,454,985 | € 1,459,698 | |
| Profit after taxes | € 45,094 | € 84,922 | € 140,609 | € 245,741 | ▲ 75% |
| Equity | € 573,371 | € 620,205 | € 594,821 | € 770,852 | ▲ 30% |
| Total debts | € 2,904,308 | € 2,671,858 | € 2,639,843 | € 2,682,109 | ▲ 2% |
| Cash | € 181,469 | € 203,839 | € 206,856 | € 250,459 | ▲ 21% |
| Land & buildings | € 2,253,605 | € 2,131,800 | € 1,853,730 | € 1,749,931 | ▼ 6% |
| Retained profit | € 511,371 | € 558,205 | € 532,821 | € 708,852 | ▲ 33% |
| Dividend | € 31,663 | € 38,088 | € 165,993 | € 69,709 | ▼ 58% |
| Bank debt | € 2,219,444 | € 1,946,538 | € 1,813,188 | € 1,584,435 | ▼ 13% |
| Balance sheet total | € 3,628,724 | € 3,442,436 | € 3,384,366 | € 3,601,991 | ▲ 6% |
| Employees (FTE) | 15.5 | 14.8 | 13.7 | 11.9 | ▼ 1.8 |
Key figures of GRIETENS CONCEPT, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 August 2027.
What happened to GRIETENS CONCEPT?
What happened at GRIETENS CONCEPT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- SONJA GRIETENS stepped down as director. NBB
- JAN NATENS stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 245,741 (▲ 75% vs 2025). filed late Source: NBB ↗
- SONJA GRIETENS became a director. NBB
- JAN NATENS became a director. NBB
- New establishment in Herent. KBO
- Start of the company according to the CBE. KBO
In short
From € 45,094 profit in 2023 to € 245,741 profit in 2026.
Paid € 216,767 in corporate taxes since 2023.
Best year ever: 2026, with € 245,741 profit.
On average € 122,700 of value added per employee in 2026.
Management
Directors
According to the 2026 annual accounts
since 2023 · until 2029
JAN NATENS
Managing director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Brusselsesteenweg 46
3020 Herent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0443.860.815
- VAT number
- BE 0443.860.815
- Registered office
- Brusselsesteenweg 46, 3020 Herent
- Names & denominations
- GRIETENS CONCEPT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 April 1991
- Peppol
- Active · Active since 12 Aug 2025
- Activities · NACE
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