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 3 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GRONDWERKEN DE RESE from Oostende, company number BE0466281473, closed financial year 2025 with a result of € 16,927 after tax. For that financial year GRONDWERKEN DE RESE recorded a gross margin of € 190,991 and equity of € -34,085. Compared with financial year 2024, the result moved from € 20,195 to € 16,927. The company is profitable. 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 29, 2026.
€ -34,085
▲ € 16,927 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,927
▼ 16% vs 2024
Profit after tax over the fiscal year.
€ 64,708
▲ 215% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -46,485.
People and assets in 2025
€ 30,170
▼ 47% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 539,144
▲ 124% vs 2024
Of which on lease € 533,460.
Debts at end 2025
€ 427,090
▲ 88% vs 2024
€ 116,816 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 257,241
▲ € 199,666 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,346
▼ 24% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 264,685 | € 17,136 | € 266,660 | € 190,991 | ▼ 28% |
| Profit after taxes | € 36,233 | € -169,059 | € 20,195 | € 16,927 | ▼ 16% |
| Equity | € 97,852 | € -71,207 | € -51,012 | € -34,085 | ▲ € 16,927 |
| Total debts | € 635,480 | € 542,514 | € 608,491 | € 999,767 | ▲ 64% |
| Cash | € 1 | € 1 | € 20,516 | € 64,708 | ▲ 215% |
| Retained profit | € 85,452 | € -83,607 | € -63,412 | € -46,485 | ▲ € 16,927 |
| Bank debt | € 262,149 | € 153,131 | € 226,573 | € 427,090 | ▲ 88% |
| Balance sheet total | € 733,332 | € 471,307 | € 557,479 | € 965,682 | ▲ 73% |
Key figures of GRONDWERKEN DE RESE, 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 GRONDWERKEN DE RESE?
What happened at GRONDWERKEN DE RESE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 16,927 (▼ 16% vs 2024). Source: NBB ↗
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 36,233 profit in 2022 to € 16,927 profit in 2025.
Paid € 2,907 in corporate taxes since 2022.
Best year ever: 2022, with € 36,233 profit.
A new publication or filing at GRONDWERKEN DE RESE? We notify you, reason included.
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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
Behind GRONDWERKEN DE RESE is Kris De Rese. It owns 0.1% of De Rese Transport itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Zwanenlaan 4
8400 Oostende
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
- 0466.281.473
- VAT number
- BE 0466.281.473
- Registered office
- Zwanenlaan 4, 8400 Oostende
- Names & denominations
- GRONDWERKEN DE RESE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 June 1999
- Peppol
- Active · Active since 20 Feb 2025
- Contact
- [email protected]
- Activities · NACE
Bouwrijp maken van terreinen
Grondverzet
Overige kredietverstrekking
Bouw van autowegen en andere wegen, vliegvelden en sportfaciliteiten
Verstrekken van hypothecair krediet
Bouw van autowegen en andere wegen