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 11 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
GRIETENS ELEKTRO from Leuven, company number BE0451744143, closed financial year 2026 with a result of € 6,547 after tax. For that financial year GRIETENS ELEKTRO recorded a gross margin of € 436,373 and equity of € 238,738. Compared with financial year 2025, the result moved from € -47,824 to € 6,547. Profitable, and profit is growing. 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 October 28, 2026.
€ 238,738
▲ 3% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,547
▲ still € 47,824 loss in 2025
Profit after tax over the fiscal year.
€ 11,241
▼ 60% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € -87,262.
People and assets in 2026
6.1
▲ 0.3 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 385,370
▲ 12% vs 2025
€ 63,200 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.
€ 43,945
▼ 30% vs 2025
Of which on lease € 36,743.
Debts at end 2026
€ 90,189
▼ 32% vs 2025
€ 12,177 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 35,091
▼ 59% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 52,520
▲ 10% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 326,781 | € 198,568 | € 350,765 | € 436,373 | ▲ 24% |
| Profit after taxes | € 100,299 | € -66,869 | € -47,824 | € 6,547 | ▲ € 54,372 |
| Equity | € 346,885 | € 280,015 | € 232,191 | € 238,738 | ▲ 3% |
| Total debts | € 313,062 | € 300,436 | € 389,148 | € 321,992 | ▼ 17% |
| Cash | € 73,038 | € 6,332 | € 27,841 | € 11,241 | ▼ 60% |
| Land & buildings | € 250 | € 250 | € 250 | € 250 | |
| Retained profit | € 20,885 | € -45,985 | € -93,809 | € -87,262 | ▲ € 6,547 |
| Bank debt | € 137,009 | € 130,993 | € 133,010 | € 90,189 | ▼ 32% |
| Balance sheet total | € 659,946 | € 580,451 | € 621,339 | € 560,730 | ▼ 10% |
| Employees (FTE) | 5.1 | 4.9 | 5.8 | 6.1 | ▲ 0.3 |
Key figures of GRIETENS ELEKTRO, 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 October 2027.
What happened to GRIETENS ELEKTRO?
What happened at GRIETENS ELEKTRO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 6,547. Source: NBB ↗
- KRISTOF GRIETENS became a director. NBB
- New establishment in Tervuren. KBO
- New establishment in Leuven. KBO
- Start of the company according to the CBE. KBO
In short
From € 100,299 profit in 2023 to € 6,547 profit in 2026.
Paid € 260 in corporate taxes since 2023.
Best year ever: 2023, with € 100,299 profit.
On average € 71,500 of value added per employee in 2026.
Management
Behind GRIETENS ELEKTRO is KRISTOF GRIETENS.
Directors
According to the 2026 annual accounts
KRISTOF GRIETENS
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Tiensesteenweg 228
3001 Leuven
Hoornzeelstraat 28/A
3080 Tervuren
Active since 30 October 2010
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →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
Email provider
Microsoft 365
Hosting
DSTNY-BACKBONE International Backbone, BE
Website info
Features
Security
Details
- Company number
- 0451.744.143
- VAT number
- BE 0451.744.143
- Registered office
- Tiensesteenweg 228, 3001 Leuven
- Names & denominations
- GRIETENS ELEKTRO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 December 1993
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- grietens.be
- Activities · NACE
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