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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 23 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
de grazer from Lievegem, company number BE0521961354, closed financial year 2025 with a result of € 21,978 after tax. For that financial year de grazer recorded revenue of € 111,567 and equity of € -11,546. Compared with financial year 2024, the result moved from € -9,404 to € 21,978. Profitable, and profit is growing. 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 August 12, 2026.
€ -11,546
▲ € 21,978 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,978
▲ still € 9,404 loss in 2024
Profit after tax over the fiscal year.
People and assets in 2025
€ 58,842
▲ 16% 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.
Debts at end 2025
€ 41,406
▼ 19% vs 2024
Loans from banks and other lenders, long and short.
€ 7,011
▲ 79% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,160
▲ € 7,677 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 111,567 | |
| Gross margin | € 83,877 | € 70,797 | € 41,835 | € 81,551 | ▲ 95% |
| Profit after taxes | € 790 | € -713 | € -9,404 | € 21,978 | ▲ € 31,382 |
| Equity | € -23,407 | € -24,120 | € -33,524 | € -11,546 | ▲ € 21,978 |
| Total debts | € 111,635 | € 101,303 | € 126,898 | € 91,267 | ▼ 28% |
| Cash | € 58,055 | € 43,152 | - | - | |
| Retained profit | € -23,407 | € -24,120 | € -33,524 | € -11,546 | ▲ € 21,978 |
| Bank debt | € 76,406 | € 76,407 | € 51,406 | € 41,406 | ▼ 19% |
| Balance sheet total | € 88,228 | € 77,183 | € 93,374 | € 79,721 | ▼ 15% |
Key figures of de grazer, 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 de grazer?
What happened at de grazer in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 21,978. filed late Source: NBB ↗
- New establishment in Lievegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 790 profit in 2022 to € 21,978 profit in 2025.
Best year ever: 2025, with € 21,978 profit.
Establishments
Establishment units
Physical locations of this company
Verbindingsweg 66
9920 Lievegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0521.961.354
- VAT number
- BE 0521.961.354
- Registered office
- Verbindingsweg 66, 9920 Lievegem
- Names & denominations
- de grazer
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 1 March 2013
- Peppol
- Active · Active since 27 Mar 2025
- Activities · NACE
Beheer en instandhouding van natuurreservaten
Beheer en instandhouding van natuurgebieden