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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Busy address KBO
27 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
GREISCH INGENIERIE from Liège, company number BE0444668289, closed financial year 2025 with a result of € 350,498 after tax. For that financial year GREISCH INGENIERIE recorded revenue of € 18.6 million and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 70,292 to € 350,498. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 1.1 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 350,498
▲ € 280,206 vs 2024
Profit after tax over the fiscal year.
€ 353,401
▲ € 312,365 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 195,000 paid out
56 % of the profit went to the shareholders, mostly to GCE (90 % of the shares). That is where the money ends up.
People and assets in 2025
66.9
▲ 3.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 5.8 million
▲ 4% vs 2024
€ 86,200 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.
€ 373,189
▲ 39% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 257,949
▼ 30% vs 2024
€ 117,387 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 11.5 million
▲ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 408 days on average.
€ 1.5 million
▼ 13% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 13,126,828 | € 12,942,371 | € 16,033,493 | € 18,633,097 | ▲ 16% |
| Profit after taxes | € 594,952 | € 220,597 | € 70,292 | € 350,498 | ▲ € 280,206 |
| Equity | € 944,995 | € 945,591 | € 1,015,883 | € 1,061,568 | ▲ 4% |
| Total debts | € 12,268,310 | € 9,057,457 | € 12,983,967 | € 14,644,307 | ▲ 13% |
| Cash | € 185,771 | € 179,441 | € 41,037 | € 353,401 | ▲ € 312,365 |
| Retained profit | € 683,213 | € 683,809 | € 754,101 | € 799,786 | ▲ 6% |
| Dividend | € 590,000 | € 220,000 | € 0 | € 195,000 | |
| Bank debt | € 569,405 | € 600,945 | € 368,224 | € 257,949 | ▼ 30% |
| Balance sheet total | € 13,213,305 | € 10,003,048 | € 13,999,851 | € 15,705,875 | ▲ 12% |
| Employees (FTE) | 61.6 | 60.1 | 63.4 | 66.9 | ▲ 3.5 |
Key figures of GREISCH INGENIERIE, 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 GREISCH INGENIERIE?
What happened at GREISCH INGENIERIE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- WISE S SRL stepped down as director. NBB
- AVEC stepped down as director. NBB
- JYDI SRL stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 350,498 (▲ € 280,206 vs 2024). Source: NBB ↗
- WISE S SRL became a director. NBB
- AVEC became a director. NBB
- JYDI SRL became a director. NBB
- New establishment in Liège. KBO
In short
From € 594,952 profit in 2022 to € 350,498 profit in 2025.
Paid € 553,664 in corporate taxes since 2022.
Best year ever: 2022, with € 594,952 profit.
Paid out € 1 million in dividends to the owners in total.
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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
The shares are held by GCE (90%) and GPAR (10%).
Directors
According to the 2025 annual accounts
Director · represented by Sébastien SERET
Also active at: GREISCH - COORDINATION & ETUDES
since 2021 · until 2027
since 2021 · until 2027
Managing director · represented by Jean-Yves DEL FORNO
Also active at: BUREAU DE CONTROLE TECHNIQUE POUR LA CONSTRUCTION, BGROUP GREISCH, GREISCH - COORDINATION & ETUDES, G PAR
since 2021 · until 2027
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Allée des Noisetiers 25
4031 Liège
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 27 companies are registered at this address.
All companies at this address →BUREAU D'ETUDES GREISCH
€ 17.2 million revenue · 2025
GREISCH - COORDINATION & ETUDES same network
€ 557,786 revenue · 2025
GROUPE GREISCH
SM GREISCH-EGIS AVIA
SM GREISCH - TRANSITEC
+22 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
- 0444.668.289
- VAT number
- BE 0444.668.289
- Registered office
- Allée des Noisetiers 25, 4031 Liège
- Names & denominations
- GREISCH INGENIERIE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 July 1991
- Peppol
- Active · Active since 4 Dec 2025
- Activities · NACE
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