GRECO is a hospitality business in Sint-Katelijne-Waver. Public Limited, started on 9 July 1991, 1 establishment.

What is the address of GRECO?

The registered office of GRECO is located at Heidestraat 1, 2860 Sint-Katelijne-Waver.

Is GRECO still active?

Yes. According to the CBE (30 October 2026) GRECO is active, legal situation “Normale toestand”, started on 9 July 1991.

Is GRECO registered on Peppol?

Yes, GRECO is registered on the Peppol network with ID 0208:0444712138.

What is the enterprise number of GRECO?

The enterprise number of GRECO is BE0444712138.

When was GRECO founded?

GRECO was founded on 9 July 1991.

Who are the directors of GRECO?

According to the 2025 annual accounts, the directors of GRECO are: Joseph De Wael.

Is GRECO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 9 July 1991; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did GRECO make in 2025?

GRECO recorded a loss after taxes of € 37,851 in financial year 2025.

What is the revenue of GRECO?

As a small company, GRECO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -21,047.

GRECO (Public Limited) - Sint-Katelijne-Waver

Dossier GRECO, printed on 30 October 2026 from databakkes.be/en/0444712138/greco. 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.

Negative equity NBB

More debt than assets in 1 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 52 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

GRECO from Sint-Katelijne-Waver, company number BE0444712138, closed financial year 2025 with a result of € -37,851 after tax. For that financial year GRECO recorded a gross margin of € -21,047 and equity of € -25,775. Compared with financial year 2024, the result moved from € -11,024 to € -37,851. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 21, 2026.

What it is worth Caution

€ -25,775

▼ € 37,851 vs 2024

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

Loss Caution

€ -37,851

▼ 243 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 38,945

▲ € 38,672 vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -155,775.

Debts at end 2025

Bank debt

€ 1.3 million

▲ 12% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 7,482

▼ 20% vs 2024

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

Taxes

€ 101

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	€ -10,202 Gross margin 2022: € -10,202 First fiscal year in the series	€ -10,359 Gross margin 2023: € -10,359 ▼ € 157 vs 2022 (€ -10,202) Unfavourable step	€ -6,771 Gross margin 2024: € -6,771 ▲ € 3,588 vs 2023 (€ -10,359) Favourable step	€ -21,047 Gross margin 2025: € -21,047 ▼ € 14,276 vs 2024 (€ -6,771) Unfavourable step	▼ € 14,276
Profit after taxes	€ -14,989 Profit after taxes 2022: € -14,989 First fiscal year in the series	€ -13,279 Profit after taxes 2023: € -13,279 ▲ € 1,710 vs 2022 (€ -14,989) Favourable step	€ -11,024 Profit after taxes 2024: € -11,024 ▲ € 2,255 vs 2023 (€ -13,279) Favourable step	€ -37,851 Profit after taxes 2025: € -37,851 ▼ € 26,826 vs 2024 (€ -11,024) Unfavourable step	▼ € 26,826
Equity	€ 36,379 Equity 2022: € 36,379 First fiscal year in the series	€ 23,100 Equity 2023: € 23,100 ▼ 37% vs 2022 (€ 36,379) Unfavourable step	€ 12,076 Equity 2024: € 12,076 ▼ 48% vs 2023 (€ 23,100) Unfavourable step	€ -25,775 Equity 2025: € -25,775 ▼ € 37,851 vs 2024 (€ 12,076) Unfavourable step	▼ € 37,851
Total debts	€ 192,283 Total debts 2022: € 192,283 First fiscal year in the series	€ 1,507,130 Total debts 2023: € 1,507,130 ▲ € 1.3 million vs 2022 (€ 192,283) Unfavourable step	€ 1,843,985 Total debts 2024: € 1,843,985 ▲ 22% vs 2023 (€ 1,507,130) Unfavourable step	€ 2,120,557 Total debts 2025: € 2,120,557 ▲ 15% vs 2024 (€ 1,843,985) Unfavourable step	▲ 15%
Cash	€ 324 Cash 2022: € 324 First fiscal year in the series	€ 5,467 Cash 2023: € 5,467 ▲ € 5,143 vs 2022 (€ 324) Favourable step	€ 273 Cash 2024: € 273 ▼ 95% vs 2023 (€ 5,467) Unfavourable step	€ 38,945 Cash 2025: € 38,945 ▲ € 38,672 vs 2024 (€ 273) Favourable step	▲ € 38,672
Land & buildings	€ 9,065 Land & buildings 2022: € 9,065 First fiscal year in the series	€ 9,065 Land & buildings 2023: € 9,065 Unchanged (€ 9,065) Unchanged	€ 9,065 Land & buildings 2024: € 9,065 Unchanged (€ 9,065) Unchanged	€ 9,065 Land & buildings 2025: € 9,065 Unchanged (€ 9,065) Unchanged
Retained profit	€ -93,621 Retained profit 2022: € -93,621 First fiscal year in the series	€ -106,900 Retained profit 2023: € -106,900 ▼ € 13,279 vs 2022 (€ -93,621) Unfavourable step	€ -117,924 Retained profit 2024: € -117,924 ▼ € 11,024 vs 2023 (€ -106,900) Unfavourable step	€ -155,775 Retained profit 2025: € -155,775 ▼ € 37,851 vs 2024 (€ -117,924) Unfavourable step	▼ € 37,851
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 1,200,000 Bank debt 2023: € 1,200,000 Unchanged (€ 0) Unfavourable step	€ 1,200,000 Bank debt 2024: € 1,200,000 Unchanged (€ 1,200,000) Unchanged	€ 1,340,000 Bank debt 2025: € 1,340,000 ▲ 12% vs 2024 (€ 1,200,000) Unfavourable step	▲ 12%
Balance sheet total	€ 228,662 Balance sheet total 2022: € 228,662 First fiscal year in the series	€ 1,530,229 Balance sheet total 2023: € 1,530,229 ▲ € 1.3 million vs 2022 (€ 228,662) Unchanged	€ 1,856,061 Balance sheet total 2024: € 1,856,061 ▲ 21% vs 2023 (€ 1,530,229) Unchanged	€ 2,094,782 Balance sheet total 2025: € 2,094,782 ▲ 13% vs 2024 (€ 1,856,061) Unchanged	▲ 13%

Key figures of GRECO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to GRECO?

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

Jan 21, 2026 New annual accounts for financial year 2025: loss of € 37,851. Source: NBB ↗
2016 Joseph De Wael became a director. NBB
Dec 9, 1992 New establishment in Mechelen. KBO
Jul 9, 1991 Start of the company according to the CBE. KBO

In short

From € 14,989 loss in 2022 to € 37,851 loss in 2025.

Original PDFs at the National Bank ↗

Management

Joseph De Wael

GRECO

OPSLAG EN DISTRIBUTIE TER HAEGHE

Bertpal

Behind GRECO is Joseph De Wael. Joseph De Wael is also behind OPSLAG EN DISTRIBUTIE TER HAEGHE and Bertpal.

Directors

According to the 2025 annual accounts

Joseph De Wael

Director

Also active at: OPSLAG EN DISTRIBUTIE TER HAEGHE, Bertpal

since 2016

Establishments

Establishment units

Physical locations of this company

Registered office

Heidestraat 1

2860 Sint-Katelijne-Waver

2.053.780.703

Wollemarkt 2

2800 Mechelen

Active since 9 December 1992

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

Details

Company number

0444.712.138

VAT number

BE 0444.712.138

Registered office

Heidestraat 1, 2860 Sint-Katelijne-Waver

Names & denominations

GRECO

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

9 July 1991

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Activiteiten van eetgelegenheden met volledige bediening

Restaurants van het traditionele type

Eetgelegenheden met volledige bediening

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

Activiteiten van hoofdkantoren

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

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

View on CBE Public ↗ Annual accounts (NBB) ↗

GRECO

Warning lights

Financials

What happened to GRECO?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions