Financials
Financial year 2025
GRL HOLDING from Beringen, company number BE0457194355, closed financial year 2025 with a result of € 5 million after tax. For that financial year GRL HOLDING recorded revenue of € 1.1 million and equity of € 6.4 million. Compared with financial year 2024, the result moved from € 27,590 to € 5 million. 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 July 22, 2026.
€ 6.4 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5 million
▲ € 5 million vs 2024
Profit after tax over the fiscal year.
€ 2.3 million
▲ € 1.8 million vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 5 million paid out
99 % of the profit went to the shareholders, mostly to Remondis Recycling International GmbH (100 % of the shares). That is where the money ends up.
People and assets in 2025
8.2
▲ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 664,902
▲ 2% vs 2024
€ 81,100 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.
€ 6,078
▲ 151% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 65,362
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 57 days on average.
€ 174,324
▲ 1% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 938,000 | € 1,103,504 | € 1,113,000 | € 1,143,000 | ▲ 3% |
| Profit after taxes | € 10,042 | € 22,256 | € 27,590 | € 5,040,182 | ▲ € 5 million |
| Equity | € 6,276,038 | € 6,298,294 | € 6,325,884 | € 6,366,066 | ▲ 1% |
| Total debts | € 4,236,819 | € 4,986,279 | € 835,650 | € 2,420,906 | ▲ 190% |
| Cash | € 1,986,241 | € 4,420,787 | € 455,501 | € 2,275,315 | ▲ € 1.8 million |
| Retained profit | € 6,104,314 | € 6,126,570 | € 6,154,160 | € 6,194,342 | ▲ 1% |
| Dividend | € 0 | € 0 | € 0 | € 5,000,000 | |
| Balance sheet total | € 10,512,857 | € 11,284,573 | € 7,161,534 | € 8,786,972 | ▲ 23% |
| Employees (FTE) | 6.5 | 6.8 | 7.4 | 8.2 | ▲ 0.8 |
Key figures of GRL HOLDING, 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 GRL HOLDING?
What happened at GRL HOLDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Stephan Müller stepped down as director. NBB
- Christoph Bildstein stepped down as director. NBB
- Mervin stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 5 million (▲ € 5 million vs 2024). Source: NBB ↗
- New establishment in Beringen. KBO
- Stephan Müller became a director. NBB
- Christoph Bildstein became a director. NBB
- Mervin became a director. NBB
In short
From € 10,042 profit in 2022 to € 5 million profit in 2025.
Paid € 64,919 in corporate taxes since 2022.
Best year ever: 2025, with € 5 million profit.
Paid out € 5 million in dividends to the owners in total.
Management
The shares are held by Remondis Recycling International GmbH (100%) and Remondis Recycling GmbH & Co Kg (0%). It owns 100% of GRL Logistics NV and 100% of GRL Glass Recycling NV itself.
Directors
According to the 2025 annual accounts
since 2017 · until 2029
since 2017 · until 2029
Director · represented by Martine Meuws
Also active at: ISOBUILD VERVIERS, TECHNICAS, ISOBUILD KORTEMARK, GRL Glass Recycling, GRL Logistics, ISOBUILD HOBOKEN, VERMEERSCH LOGISTICS, ISOLTEAM
since 2017 · until 2029
Shareholders
Remondis Recycling International GmbH
100%
Remondis Recycling GmbH & Co Kg
0%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Industrieweg 190
3583 Beringen
Dellestraat 10
3560 Lummen
Active since 7 March 1996
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Details
- Company number
- 0457.194.355
- VAT number
- BE 0457.194.355
- Registered office
- Industrieweg 190, 3583 Beringen
- Names & denominations
- GRL HOLDING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 January 1996
- Peppol
- Active · Active since 7 Oct 2025
- Activities · NACE
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