What does GRS Projects do?

GRS Projects is a specialised building contractor in Gent. Private Limited, started on 14 August 2013, 1 establishment.

What is the address of GRS Projects?

The registered office of GRS Projects is located at Nekkersvijverstraat 81, 9040 Gent.

Is GRS Projects still active?

Yes. According to the CBE (31 October 2026) GRS Projects is active, legal situation “Normale toestand”, started on 14 August 2013.

Is GRS Projects registered on Peppol?

Yes, GRS Projects is registered on the Peppol network with ID 0208:0537511345.

What is the enterprise number of GRS Projects?

The enterprise number of GRS Projects is BE0537511345.

When was GRS Projects founded?

GRS Projects was founded on 14 August 2013.

Who are the directors of GRS Projects?

According to the 2025 annual accounts, the directors of GRS Projects are: Stijn Steenkiste.

Is GRS Projects a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 14 August 2013; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did GRS Projects make in 2025?

GRS Projects recorded a loss after taxes of € 8,300 in financial year 2025.

What is the revenue of GRS Projects?

As a small company, GRS Projects is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 8,275.

GRS Projects (Private Limited) - Gent - BE0537511345

Dossier GRS Projects, printed on 31 October 2026 from databakkes.be/en/0537511345/grs-projects. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

GRS Projects from Gent, company number BE0537511345, closed financial year 2025 with a result of € -8,300 after tax. For that financial year GRS Projects recorded a gross margin of € 8,275 and equity of € 14,606. Compared with financial year 2024, the result moved from € 3,162 to € -8,300. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 19, 2026.

What it is worth Healthy

€ 14,606

▼ 36% vs 2024

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

Loss Caution

€ -8,300

▼ still € 3,162 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 153

▼ 99% vs 2024

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 € 8,206.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost estimate Staff cost at a one-person company Staff Only people on the payroll count here.€ 517 Likely the director’s social contribution or pension premium.The director’s pay Already netted into the gross margin, not shown separately in the accounts. Typical for one-person companies € 45,000 gross per year minimum for the reduced tax rate≈ € 2,100 net per month after contributions, tax and usually some benefits in kind, roughly Assumption based on the chart of accounts, not a figure from the source.

€ 517

No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.

Vehicles and equipment

€ 16,648

▼ 32% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 77,000

▲ 8% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 28,150

▼ 5% vs 2024

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

Taxes and wages

€ 5,015

▼ 64% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 85,156 Gross margin 2022: € 85,156 First fiscal year in the series	€ 34,526 Gross margin 2023: € 34,526 ▼ 59% vs 2022 (€ 85,156) Unfavourable step	€ 21,383 Gross margin 2024: € 21,383 ▼ 38% vs 2023 (€ 34,526) Unfavourable step	€ 8,275 Gross margin 2025: € 8,275 ▼ 61% vs 2024 (€ 21,383) Unfavourable step	▼ 61%
Profit after taxes	€ -301 Profit after taxes 2022: € -301 First fiscal year in the series	€ 4,114 Profit after taxes 2023: € 4,114 ▲ € 4,414 vs 2022 (€ -301) Favourable step	€ 3,162 Profit after taxes 2024: € 3,162 ▼ 23% vs 2023 (€ 4,114) Unfavourable step	€ -8,300 Profit after taxes 2025: € -8,300 ▼ € 11,462 vs 2024 (€ 3,162) Unfavourable step	▼ € 11,462
Equity	€ 15,630 Equity 2022: € 15,630 First fiscal year in the series	€ 19,744 Equity 2023: € 19,744 ▲ 26% vs 2022 (€ 15,630) Favourable step	€ 22,906 Equity 2024: € 22,906 ▲ 16% vs 2023 (€ 19,744) Favourable step	€ 14,606 Equity 2025: € 14,606 ▼ 36% vs 2024 (€ 22,906) Unfavourable step	▼ 36%
Total debts	€ 170,135 Total debts 2022: € 170,135 First fiscal year in the series	€ 112,577 Total debts 2023: € 112,577 ▼ 34% vs 2022 (€ 170,135) Favourable step	€ 114,402 Total debts 2024: € 114,402 ▲ 2% vs 2023 (€ 112,577) Unfavourable step	€ 110,860 Total debts 2025: € 110,860 ▼ 3% vs 2024 (€ 114,402) Favourable step	▼ 3%
Cash	€ 8,501 Cash 2022: € 8,501 First fiscal year in the series	€ 7,310 Cash 2023: € 7,310 ▼ 14% vs 2022 (€ 8,501) Unfavourable step	€ 14,698 Cash 2024: € 14,698 ▲ 101% vs 2023 (€ 7,310) Favourable step	€ 153 Cash 2025: € 153 ▼ 99% vs 2024 (€ 14,698) Unfavourable step	▼ 99%
Retained profit	€ 9,230 Retained profit 2022: € 9,230 First fiscal year in the series	€ 13,344 Retained profit 2023: € 13,344 ▲ 45% vs 2022 (€ 9,230) Favourable step	€ 16,506 Retained profit 2024: € 16,506 ▲ 24% vs 2023 (€ 13,344) Favourable step	€ 8,206 Retained profit 2025: € 8,206 ▼ 50% vs 2024 (€ 16,506) Unfavourable step	▼ 50%
Bank debt	€ 57,000 Bank debt 2022: € 57,000 First fiscal year in the series	€ 75,000 Bank debt 2023: € 75,000 ▲ 32% vs 2022 (€ 57,000) Unfavourable step	€ 71,000 Bank debt 2024: € 71,000 ▼ 5% vs 2023 (€ 75,000) Favourable step	€ 77,000 Bank debt 2025: € 77,000 ▲ 8% vs 2024 (€ 71,000) Unfavourable step	▲ 8%
Balance sheet total	€ 185,765 Balance sheet total 2022: € 185,765 First fiscal year in the series	€ 132,320 Balance sheet total 2023: € 132,320 ▼ 29% vs 2022 (€ 185,765) Unchanged	€ 137,308 Balance sheet total 2024: € 137,308 ▲ 4% vs 2023 (€ 132,320) Unchanged	€ 125,466 Balance sheet total 2025: € 125,466 ▼ 9% vs 2024 (€ 137,308) Unchanged	▼ 9%

Key figures of GRS Projects, 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 GRS Projects?

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

Mar 19, 2026 New annual accounts for financial year 2025: loss of € 8,300 (▼ € 11,462 vs 2024). Source: NBB ↗
2019 Stijn Steenkiste became a director. NBB
Aug 16, 2013 New establishment in Gent. KBO
Aug 14, 2013 Start of the company according to the CBE. KBO

In short

From € 301 loss in 2022 to € 8,300 loss in 2025.

Paid € 14,531 in corporate taxes since 2022.

Best year ever: 2023, with € 4,114 profit.

Original PDFs at the National Bank ↗

Management

Stijn Steenkiste

GRS Projects

Behind GRS Projects is Stijn Steenkiste.

Directors

According to the 2025 annual accounts

Stijn Steenkiste

Director

since 2019

Establishments

Establishment units

Physical locations of this company

Registered office

Nekkersvijverstraat 81

9040 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: 0537.511.345
VAT number: BE 0537.511.345
Registered office: Nekkersvijverstraat 81, 9040 Gent
Names & denominations: GRS Projects
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 14 August 2013
Peppol: Active · Active since 12 Dec 2024
Activities · NACE: Overige werkzaamheden in verband met de afwerking van gebouwen

View on CBE Public ↗ Annual accounts (NBB) ↗