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
22 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
RESEARCH & SOLUTIONS from Grimbergen, company number BE0461357932, closed financial year 2025 with a result of € 249,523 after tax. For that financial year RESEARCH & SOLUTIONS recorded revenue of € 2.4 million and equity of € 537,373. Compared with financial year 2024, the result moved from € -15,417 to € 249,523. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 28, 2026.
€ 537,373
▼ 33% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 249,523
▲ still € 15,417 loss in 2024
Profit after tax over the fiscal year.
€ 652,547
▲ € 591,171 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 514,117 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
15.9
▼ 1.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▼ 2% vs 2024
€ 80,500 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.
€ 9,290
▼ 49% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 25,321
▲ 9% vs 2024
Loans from banks and other lenders, long and short.
€ 152,949
▼ 42% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 72 days on average.
€ 416,677
▲ 54% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 1,986,326 | € 2,531,433 | € 2,359,132 | ▼ 7% |
| Gross margin | € 1,493,589 | € 1,574,108 | - | - | |
| Profit after taxes | € 424,744 | € 247,060 | € -15,417 | € 249,523 | ▲ € 264,939 |
| Equity | € 570,324 | € 817,384 | € 801,967 | € 537,373 | ▼ 33% |
| Total debts | € 588,078 | € 474,180 | € 605,854 | € 1,037,050 | ▲ 71% |
| Cash | € 96,251 | € 358,367 | € 61,376 | € 652,547 | ▲ € 591,171 |
| Retained profit | € 551,724 | € 798,784 | € 783,367 | € 518,773 | ▼ 34% |
| Dividend | € 0 | € 0 | € 0 | € 514,117 | |
| Bank debt | € 342,592 | € 135,583 | € 23,333 | € 25,321 | ▲ 9% |
| Balance sheet total | € 1,230,539 | € 1,363,700 | € 1,407,821 | € 1,574,423 | ▲ 12% |
| Employees (FTE) | 12.9 | 14.7 | 17.5 | 15.9 | ▼ 1.6 |
Key figures of RESEARCH & SOLUTIONS, 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 RESEARCH & SOLUTIONS?
What happened at RESEARCH & SOLUTIONS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 249,523. Source: NBB ↗
- Brecht Gielen became a director. NBB
- Bart De Cree became a director. NBB
- New establishment in Grimbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 424,744 profit in 2022 to € 249,523 profit in 2025.
Paid € 547,050 in corporate taxes since 2022.
Best year ever: 2022, with € 424,744 profit.
On average € 107,100 of value added per employee in 2023.
Management
The stake of HertBelgium comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
RESEARCH & SOLUTIONSBehind RESEARCH & SOLUTIONS are Hertbelgium BV, Brecht Gielen and Bart De Cree. The shares are held by HertBelgium (85.7%). It owns 50% of BK-ECOSYS itself.
Directors
According to the 2025 annual accounts
Director · represented by Lescrauwaet Gino
Also active at: BriskSky - ACEG, ACEG, ADMOSPHERE
Brecht Gielen
Director
since 2024
since 2024
Shareholders
85.7%
Participations
50%
Establishments
Establishment units
Physical locations of this company
Ringlaan 39
1853 Grimbergen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 22 companies are registered at this address.
All companies at this address →LVT BENELUX PR
€ 441,060 gross margin · 2025
HertBelgium same network
€ 12.4 million revenue · 2025
Kornatris
€ 227,136 gross margin · 2024
EURAHOLD
€ 47,073 gross margin · 2025
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0461.357.932
- VAT number
- BE 0461.357.932
- Registered office
- Ringlaan 39, 1853 Grimbergen
- Names & denominations
- RESEARCH & SOLUTIONS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 August 1997
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten, neg
Overige gespecialiseerde wetenschappelijke en technische activiteiten