GR20 is a construction company in Waasmunster. Private Limited, started on 25 May 2016, 1 establishment.

What is the address of GR20?

The registered office of GR20 is located at Sousbeekstraat 116, 9250 Waasmunster.

Is GR20 still active?

Yes. According to the CBE (29 October 2026) GR20 is active, legal situation “Normale toestand”, started on 25 May 2016.

Is GR20 registered on Peppol?

Yes, GR20 is registered on the Peppol network with ID 0208:0654964190.

What is the enterprise number of GR20?

The enterprise number of GR20 is BE0654964190.

When was GR20 founded?

GR20 was founded on 25 May 2016.

Who are the directors of GR20?

According to the 2025 annual accounts, the directors of GR20 are: Orchard BV.

Is GR20 a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 25 May 2016; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did GR20 make in 2025?

GR20 recorded a loss after taxes of € 10,557 in financial year 2025.

What is the revenue of GR20?

As a small company, GR20 is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -9,299.

GR20 (Private Limited) - Waasmunster - BE0654964190

Dossier GR20, printed on 29 October 2026 from databakkes.be/en/0654964190/gr20. 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.

Two loss years in a row NBB

Negative result in 2024 and 2025.

Financials

Financial year 2025

GR20 from Waasmunster, company number BE0654964190, closed financial year 2025 with a result of € -10,557 after tax. For that financial year GR20 recorded a gross margin of € -9,299 and equity of € 1.3 million. Compared with financial year 2024, the result moved from € -11,110 to € -10,557. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 4, 2026.

What it is worth Healthy

€ 1.3 million

▼ 1% vs 2024

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

Loss Caution

€ -10,557

▲ 5 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 72,253

▼ 61% 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 € -51,957.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	-	€ -2,780 Gross margin 2023: € -2,780 First fiscal year in the series	€ -8,137 Gross margin 2024: € -8,137 ▼ € 5,357 vs 2023 (€ -2,780) Unfavourable step	€ -9,299 Gross margin 2025: € -9,299 ▼ € 1,162 vs 2024 (€ -8,137) Unfavourable step	▼ € 1,162
Profit after taxes	€ -2,172 Profit after taxes 2022: € -2,172 First fiscal year in the series	€ -3,055 Profit after taxes 2023: € -3,055 ▼ € 883 vs 2022 (€ -2,172) Unfavourable step	€ -11,110 Profit after taxes 2024: € -11,110 ▼ € 8,054 vs 2023 (€ -3,055) Unfavourable step	€ -10,557 Profit after taxes 2025: € -10,557 ▲ € 553 vs 2024 (€ -11,110) Favourable step	▲ € 553
Equity	€ 1,292,765 Equity 2022: € 1,292,765 First fiscal year in the series	€ 1,289,710 Equity 2023: € 1,289,710 Unchanged (€ 1,292,765) Unfavourable step	€ 1,278,600 Equity 2024: € 1,278,600 ▼ 1% vs 2023 (€ 1,289,710) Unfavourable step	€ 1,268,043 Equity 2025: € 1,268,043 ▼ 1% vs 2024 (€ 1,278,600) Unfavourable step	▼ 1%
Total debts	€ 1,582 Total debts 2022: € 1,582 First fiscal year in the series	€ 1,582 Total debts 2023: € 1,582 Unchanged (€ 1,582) Unchanged	€ 16,256 Total debts 2024: € 16,256 ▲ € 14,674 vs 2023 (€ 1,582) Unfavourable step	€ 78,622 Total debts 2025: € 78,622 ▲ € 62,366 vs 2024 (€ 16,256) Unfavourable step	▲ € 62,366
Cash	€ 194,348 Cash 2022: € 194,348 First fiscal year in the series	€ 101,292 Cash 2023: € 101,292 ▼ 48% vs 2022 (€ 194,348) Unfavourable step	€ 185,310 Cash 2024: € 185,310 ▲ 83% vs 2023 (€ 101,292) Favourable step	€ 72,253 Cash 2025: € 72,253 ▼ 61% vs 2024 (€ 185,310) Unfavourable step	▼ 61%
Land & buildings	€ 1,100,000 Land & buildings 2022: € 1,100,000 First fiscal year in the series	€ 1,100,000 Land & buildings 2023: € 1,100,000 Unchanged (€ 1,100,000) Unchanged	€ 1,100,000 Land & buildings 2024: € 1,100,000 Unchanged (€ 1,100,000) Unchanged	€ 1,100,000 Land & buildings 2025: € 1,100,000 Unchanged (€ 1,100,000) Unchanged
Retained profit	€ -27,235 Retained profit 2022: € -27,235 First fiscal year in the series	€ -30,290 Retained profit 2023: € -30,290 ▼ € 3,055 vs 2022 (€ -27,235) Unfavourable step	€ -41,400 Retained profit 2024: € -41,400 ▼ € 11,110 vs 2023 (€ -30,290) Unfavourable step	€ -51,957 Retained profit 2025: € -51,957 ▼ € 10,557 vs 2024 (€ -41,400) Unfavourable step	▼ € 10,557
Balance sheet total	€ 1,294,348 Balance sheet total 2022: € 1,294,348 First fiscal year in the series	€ 1,291,292 Balance sheet total 2023: € 1,291,292 Unchanged (€ 1,294,348) Unchanged	€ 1,294,856 Balance sheet total 2024: € 1,294,856 Unchanged (€ 1,291,292) Unchanged	€ 1,346,665 Balance sheet total 2025: € 1,346,665 ▲ 4% vs 2024 (€ 1,294,856) Unchanged	▲ 4%

Key figures of GR20, 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 GR20?

What happened at GR20 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Mar 4, 2026 New annual accounts for financial year 2025: loss of € 10,557. Source: NBB ↗
2024 Orchard BV became a director. NBB
May 25, 2016 New establishment in Wortegem-Petegem. KBO
May 25, 2016 Start of the company according to the CBE. KBO

In short

From € 2,172 loss in 2022 to € 10,557 loss in 2025.

Original PDFs at the National Bank ↗

Management

Vybros Invest 100%

The stake of Vybros Invest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

GR20

Behind GR20 is Orchard BV. The shares are held by Vybros Invest (100%).

Directors

According to the 2025 annual accounts

Orchard BV

Director · represented by Olivier Strobbe

Also active at: DUSTRO HOLDING, Vybros Invest, Vinsurance, MAVLYVA

since 2024

Shareholders

Vybros Invest

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Sousbeekstraat 116

9250 Waasmunster

2.257.029.256

Kleistraat (W.) 8

9790 Wortegem-Petegem

Active since 25 May 2016

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

ALFA

€ 1.1 million gross margin · 2025

A-IMMO

€ 11,884 gross margin · 2025

GOUDA

Hartmann

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

Details

Company number

0654.964.190

VAT number

BE 0654.964.190

Registered office

Sousbeekstraat 116, 9250 Waasmunster

Names & denominations

GR20

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

25 May 2016

Peppol

Active · Active since 28 Feb 2025

Activities · NACE

Algemene bouw van residentiële gebouwen

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Algemene bouw van kantoorgebouwen

Ontwikkeling van niet-residentiële bouwprojecten

Algemene bouw van andere niet-residentiële gebouwen

Ontwikkeling van residentiële bouwprojecten

Handel in eigen onroerend goed

View on CBE Public ↗ Annual accounts (NBB) ↗

GR20

Warning lights

Financials

What happened to GR20?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions