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 59 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GRANDJEAN JM from Ciney, company number BE0550713837, closed financial year 2025 with a result of € 21,947 after tax. For that financial year GRANDJEAN JM recorded a gross margin of € 275,705 and equity of € 18,600. Compared with financial year 2024, the result moved from € 15,219 to € 21,947. Profitable, and profit is growing. The buffer shrank hard: equity is 75 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 25, 2026.
€ 18,600
▼ 75% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,947
▲ 44% vs 2024
Profit after tax over the fiscal year.
€ 74,094
▲ 50% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 76,947 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 190,345
▲ 26% 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.
€ 68,997
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 134,778
▼ 27% vs 2024
€ 38,076 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 5,190
▼ 65% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 37,013
▲ 32% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 230,059 | € 233,856 | € 245,139 | € 275,705 | ▲ 12% |
| Profit after taxes | € 9,275 | € 343 | € 15,219 | € 21,947 | ▲ 44% |
| Equity | € 82,492 | € 82,835 | € 73,600 | € 18,600 | ▼ 75% |
| Total debts | € 273,671 | € 224,395 | € 250,918 | € 251,670 | |
| Cash | € 37,486 | € 38,805 | € 49,442 | € 74,094 | ▲ 50% |
| Land & buildings | € 73,475 | € 68,797 | € 64,149 | € 59,471 | ▼ 7% |
| Retained profit | € 63,892 | € 64,235 | € 55,000 | € 0 | ▼ 100% |
| Dividend | € 0 | € 0 | € 24,454 | € 76,947 | ▲ 215% |
| Bank debt | € 239,001 | € 185,975 | € 183,610 | € 134,778 | ▼ 27% |
| Balance sheet total | € 356,163 | € 307,230 | € 324,518 | € 270,270 | ▼ 17% |
| Employees (FTE) | 4 | 4.3 | - | - |
Key figures of GRANDJEAN JM, 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 GRANDJEAN JM?
What happened at GRANDJEAN JM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 21,947 (▲ 44% vs 2024). Source: NBB ↗
- New establishment in Ciney. KBO
- Jean-Michel. Grandjean. became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 9,275 profit in 2022 to € 21,947 profit in 2025.
Paid € 12,424 in corporate taxes since 2022.
Best year ever: 2025, with € 21,947 profit.
On average € 54,400 of value added per employee in 2023.
Management
Behind GRANDJEAN JM is Jean-Michel. Grandjean..
Directors
According to the 2025 annual accounts
Jean-Michel. Grandjean.
Director
since 2014
Establishments
Establishment units
Physical locations of this company
Rue de la Fontaine Morelle(Sovet) 23
5590 Ciney
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0550.713.837
- VAT number
- BE 0550.713.837
- Registered office
- Rue de la Fontaine Morelle(Sovet) 23, 5590 Ciney
- Names & denominations
- GRANDJEAN JM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 April 2014
- Peppol
- Active · Active since 18 Sept 2025
- Activities · NACE
Landschapsverzorging
Activiteiten van reclamebureaus
Bouwrijp maken van terreinen
Installatie van isolatie
Overige reiniging van gebouwen; industriële reiniging
Isolatiewerkzaamheden
Gevelreiniging