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 4 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
GROENENDAAL from Bilzen-Hoeselt, company number BE0668441648, closed financial year 2026 with a result of € 74,637 after tax. For that financial year GROENENDAAL recorded a gross margin of € 209,422 and equity of € 432,029. Compared with financial year 2025, the result moved from € 82,216 to € 74,637. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 2, 2026.
€ 432,029
▲ 14% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 74,637
▼ 9% vs 2025
Profit after tax over the fiscal year.
€ 26,933
▼ 58% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 20,571 paid out
28 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2026
€ 29,408
▼ 19% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 1.1 million
▼ 10% vs 2025
€ 113,793 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 399,555
▼ 14% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 19,383
▼ 11% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 255,657 | € 71,738 | € 179,932 | € 209,422 | ▲ 16% |
| Profit after taxes | € 33,533 | € 23,458 | € 82,216 | € 74,637 | ▼ 9% |
| Equity | € 116,441 | € 139,899 | € 377,963 | € 432,029 | ▲ 14% |
| Total debts | € 1,541,631 | € 1,615,746 | € 1,789,341 | € 1,620,197 | ▼ 9% |
| Cash | € 26,291 | € 49,511 | € 64,640 | € 26,933 | ▼ 58% |
| Land & buildings | € 1,531,107 | € 1,519,229 | € 1,699,288 | € 1,713,604 | ▲ 1% |
| Retained profit | € 97,841 | € 121,299 | € 170,328 | € 224,394 | ▲ 32% |
| Dividend | € 6,855 | € 0 | € 33,187 | € 20,571 | ▼ 38% |
| Bank debt | € 1,472,061 | € 1,359,958 | € 1,256,705 | € 1,134,068 | ▼ 10% |
| Balance sheet total | € 1,658,072 | € 1,755,645 | € 2,167,304 | € 2,052,226 | ▼ 5% |
Key figures of GROENENDAAL, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to GROENENDAAL?
What happened at GROENENDAAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 74,637 (▼ 9% vs 2025). Source: NBB ↗
- New establishment in Bilzen-Hoeselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 33,533 profit in 2023 to € 74,637 profit in 2026.
Paid € 78,440 in corporate taxes since 2023.
Best year ever: 2025, with € 82,216 profit.
Paid out € 60,613 in dividends to the owners in total.
Management
Behind GROENENDAAL is Martijn Menten. Martijn Menten is also behind MARTRIS, Menten Truck Service, TRUCK CENTER FREDERIX, VEXTRA HOLDING and VOLUMEX.
Directors
According to the 2026 annual accounts
Martijn Menten
Director
Also active at: MARTRIS, Menten Truck Service, TRUCK CENTER FREDERIX, VEXTRA HOLDING, VOLUMEX
Establishments
Establishment units
Physical locations of this company
Groenendaal 1
3740 Bilzen-Hoeselt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0668.441.648
- VAT number
- BE 0668.441.648
- Registered office
- Groenendaal 1, 3740 Bilzen-Hoeselt
- Names & denominations
- GROENENDAAL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 2016
- Peppol
- Active · Active since 20 Nov 2025
- Activities · NACE
Overige zakelijke dienstverlening, neg
Activiteiten van holdings
Overige recreatie- en ontspanningsactiviteiten, neg
Organisatie van congressen en beurzen
Activiteiten van hoofdkantoren
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in andere motorvoertuigen (> 3,5 ton)
Detailhandel in motorrijwielen, delen en toebehoren van motorrijwielen
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