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 61 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Group R from Gent, company number BE0506631988, closed financial year 2025 with a result of € 14,667 after tax. For that financial year Group R recorded a gross margin of € 250,486 and equity of € 541,621. Compared with financial year 2024, the result moved from € -60,306 to € 14,667. 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 April 28, 2026.
€ 541,621
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14,667
▲ still € 60,306 loss in 2024
Profit after tax over the fiscal year.
€ 3,562
▼ 76% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 17,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 1,813
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 90,429
▼ 50% vs 2024
Of which on lease € 80,918.
Debts at end 2025
€ 2.1 million
▼ 5% vs 2024
€ 221,996 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 103,757
▲ 278% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,748
▼ 86% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,005,583 | € 184,797 | € 237,029 | € 250,486 | ▲ 6% |
| Profit after taxes | € 532,959 | € -2,704 | € -60,306 | € 14,667 | ▲ € 74,973 |
| Equity | € 626,464 | € 614,859 | € 543,953 | € 541,621 | |
| Total debts | € 1,653,091 | € 1,523,725 | € 2,265,859 | € 2,207,865 | ▼ 3% |
| Cash | € 15,448 | € 2,194 | € 14,562 | € 3,562 | ▼ 76% |
| Land & buildings | € 1,616,573 | € 1,619,715 | € 2,489,596 | € 2,499,301 | |
| Retained profit | € 614,064 | € 602,459 | € 531,553 | € 529,221 | |
| Dividend | € 0 | € 8,900 | € 10,600 | € 17,000 | ▲ 60% |
| Bank debt | € 1,623,075 | € 1,441,871 | € 2,165,228 | € 2,063,079 | ▼ 5% |
| Balance sheet total | € 2,455,639 | € 2,309,490 | € 2,974,807 | € 2,906,539 | ▼ 2% |
Key figures of Group R, 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 April 2027.
What happened to Group R?
What happened at Group R in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 14,667. Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 532,959 profit in 2022 to € 14,667 profit in 2025.
Paid € 24,656 in corporate taxes since 2022.
Best year ever: 2022, with € 532,959 profit.
Paid out € 36,500 in dividends to the owners in total.
Management
Behind Group R is Lieselot Cosijns.
Directors
According to the 2025 annual accounts
Lieselot Cosijns
Director
Establishments
Establishment units
Physical locations of this company
Oudeheerweg 4
9051 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0506.631.988
- VAT number
- BE 0506.631.988
- Registered office
- Oudeheerweg 4, 9051 Gent
- Names & denominations
- Group R
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 December 2014
- Peppol
- Active · Active since 15 Dec 2025
- Contact
- [email protected]
- Activities · NACE
Groothandel in werkkleding
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden
Literaire creatie
Scheppende kunsten, m.u.v. ondersteunende diensten