GRUBOR is a property company in Hasselt. Public Limited, started on 23 December 1999, 1 establishment.

What is the address of GRUBOR?

The registered office of GRUBOR is located at Onze-Lieve-Vrouwstraat 5, 3500 Hasselt.

Is GRUBOR still active?

Yes. According to the CBE (30 September 2026) GRUBOR is active, legal situation “Normale toestand”, started on 23 December 1999.

Is GRUBOR registered on Peppol?

Yes, GRUBOR is registered on the Peppol network with ID 0208:0468670643.

What is the enterprise number of GRUBOR?

The enterprise number of GRUBOR is BE0468670643.

When was GRUBOR founded?

GRUBOR was founded on 23 December 1999.

Who are the directors of GRUBOR?

According to the 2024 annual accounts, the directors of GRUBOR are: Jean-Claude Bormans.

Is GRUBOR a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 23 December 1999; 4 annual accounts filed, latest fiscal year 2024; 1 directors known from the annual account.

How much profit did GRUBOR make in 2024?

GRUBOR recorded a loss after taxes of € 20,007 in financial year 2024.

What is the revenue of GRUBOR?

As a small company, GRUBOR is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 197,242.

GRUBOR (Public Limited) - Hasselt - BE0468670643

Dossier GRUBOR, printed on 30 September 2026 from databakkes.be/en/0468670643/grubor. 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.

Tight liquidity NBB

Cash and receivables cover 23 % of short-term debt in 2024; threshold 65 %.

Financials

Financial year 2024

GRUBOR from Hasselt, company number BE0468670643, closed financial year 2024 with a result of € -20,007 after tax. For that financial year GRUBOR recorded a gross margin of € 197,242 and equity of € 753,305. Compared with financial year 2023, the result moved from € 10,984 to € -20,007. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2025.

What it is worth Healthy

€ 753,305

▼ 3% vs 2023

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

Loss Caution

€ -20,007

▼ still € 10,984 profit in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 140,215

▲ 14% vs 2023

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 € 257,518.

People and assets in 2024

Vehicles and equipment

€ 27,462

▼ 21% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 12 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1.7 million

▼ 8% vs 2023

€ 150,261 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.

Owed to suppliers

€ 46,077

▼ 45% vs 2023

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

Taxes and wages

€ 3,040

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 205,967 Gross margin 2021: € 205,967 First fiscal year in the series	€ 703,501 Gross margin 2022: € 703,501 ▲ 242% vs 2021 (€ 205,967) Favourable step	€ 214,842 Gross margin 2023: € 214,842 ▼ 69% vs 2022 (€ 703,501) Unfavourable step	€ 197,242 Gross margin 2024: € 197,242 ▼ 8% vs 2023 (€ 214,842) Unfavourable step	▼ 8%
Profit after taxes	€ -17,374 Profit after taxes 2021: € -17,374 First fiscal year in the series	€ 359,045 Profit after taxes 2022: € 359,045 ▲ € 376,420 vs 2021 (€ -17,374) Favourable step	€ 10,984 Profit after taxes 2023: € 10,984 ▼ 97% vs 2022 (€ 359,045) Unfavourable step	€ -20,007 Profit after taxes 2024: € -20,007 ▼ € 30,991 vs 2023 (€ 10,984) Unfavourable step	▼ € 30,991
Equity	€ 403,282 Equity 2021: € 403,282 First fiscal year in the series	€ 762,327 Equity 2022: € 762,327 ▲ 89% vs 2021 (€ 403,282) Favourable step	€ 773,312 Equity 2023: € 773,312 ▲ 1% vs 2022 (€ 762,327) Favourable step	€ 753,305 Equity 2024: € 753,305 ▼ 3% vs 2023 (€ 773,312) Unfavourable step	▼ 3%
Total debts	€ 4,435,955 Total debts 2021: € 4,435,955 First fiscal year in the series	€ 3,271,177 Total debts 2022: € 3,271,177 ▼ 26% vs 2021 (€ 4,435,955) Favourable step	€ 2,730,909 Total debts 2023: € 2,730,909 ▼ 17% vs 2022 (€ 3,271,177) Favourable step	€ 2,585,536 Total debts 2024: € 2,585,536 ▼ 5% vs 2023 (€ 2,730,909) Favourable step	▼ 5%
Cash	€ 69,733 Cash 2021: € 69,733 First fiscal year in the series	€ 133,285 Cash 2022: € 133,285 ▲ 91% vs 2021 (€ 69,733) Favourable step	€ 123,281 Cash 2023: € 123,281 ▼ 8% vs 2022 (€ 133,285) Unfavourable step	€ 140,215 Cash 2024: € 140,215 ▲ 14% vs 2023 (€ 123,281) Favourable step	▲ 14%
Land & buildings	€ 3,076,376 Land & buildings 2021: € 3,076,376 First fiscal year in the series	€ 2,301,180 Land & buildings 2022: € 2,301,180 ▼ 25% vs 2021 (€ 3,076,376) Unchanged	€ 2,258,779 Land & buildings 2023: € 2,258,779 ▼ 2% vs 2022 (€ 2,301,180) Unchanged	€ 2,174,886 Land & buildings 2024: € 2,174,886 ▼ 4% vs 2023 (€ 2,258,779) Unchanged	▼ 4%
Retained profit	€ -92,505 Retained profit 2021: € -92,505 First fiscal year in the series	€ 266,540 Retained profit 2022: € 266,540 ▲ € 359,045 vs 2021 (€ -92,505) Favourable step	€ 277,524 Retained profit 2023: € 277,524 ▲ 4% vs 2022 (€ 266,540) Favourable step	€ 257,518 Retained profit 2024: € 257,518 ▼ 7% vs 2023 (€ 277,524) Unfavourable step	▼ 7%
Bank debt	€ 3,562,771 Bank debt 2021: € 3,562,771 First fiscal year in the series	€ 2,466,623 Bank debt 2022: € 2,466,623 ▼ 31% vs 2021 (€ 3,562,771) Favourable step	€ 1,890,730 Bank debt 2023: € 1,890,730 ▼ 23% vs 2022 (€ 2,466,623) Favourable step	€ 1,744,695 Bank debt 2024: € 1,744,695 ▼ 8% vs 2023 (€ 1,890,730) Favourable step	▼ 8%
Balance sheet total	€ 4,876,056 Balance sheet total 2021: € 4,876,056 First fiscal year in the series	€ 4,201,213 Balance sheet total 2022: € 4,201,213 ▼ 14% vs 2021 (€ 4,876,056) Unchanged	€ 3,670,379 Balance sheet total 2023: € 3,670,379 ▼ 13% vs 2022 (€ 4,201,213) Unchanged	€ 3,503,449 Balance sheet total 2024: € 3,503,449 ▼ 5% vs 2023 (€ 3,670,379) Unchanged	▼ 5%

Key figures of GRUBOR, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to GRUBOR?

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

Sep 30, 2025 New annual accounts for financial year 2024: loss of € 20,007 (▼ € 30,991 vs 2023). filed late Source: NBB ↗
2023 Jean-Claude Bormans became a director. NBB
Apr 25, 2000 New establishment in Hasselt. KBO
Dec 23, 1999 Start of the company according to the CBE. KBO

In short

From € 17,374 loss in 2021 to € 20,007 loss in 2024.

Paid € 59 in corporate taxes since 2021.

Best year ever: 2022, with € 359,045 profit.

Original PDFs at the National Bank ↗

A new publication or filing at GRUBOR? We notify you, reason included.

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My folder 3 companies

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

Real filings at the National Bank

Management

Jean-Claude Bormans

GRUBOR

Grutman Home Decor 67.4%

Behind GRUBOR is Jean-Claude Bormans. It owns 67.4% of Grutman Home Decor itself.

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Directors

According to the 2024 annual accounts

Jean-Claude Bormans

Managing director

Also active at: GRUTMAN HOME DECOR, SINT-BERNARDUS CARE

since 2023

Establishments

Establishment units

Physical locations of this company

Registered office

Onze-Lieve-Vrouwstraat 5

3500 Hasselt

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.

All companies at this address →

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BTW-EENHEID GRUTMAN

Familie Schraepen

+2 more

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

Details

Company number: 0468.670.643
VAT number: BE 0468.670.643
Registered office: Onze-Lieve-Vrouwstraat 5, 3500 Hasselt
Names & denominations: GRUBOR
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 23 December 1999
Peppol: Active · Active since 16 Mar 2026
Activities · NACE: Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

View on CBE Public ↗ Annual accounts (NBB) ↗