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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
GROUWELS from Tielt-Winge, company number BE0674924020, closed financial year 2025 with a result of € -6,731 after tax. For that financial year GROUWELS recorded a gross margin of € 22,552 and equity of € 296,284. Compared with financial year 2024, the result moved from € -13,875 to € -6,731. 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 August 14, 2026.
€ 296,284
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,731
▲ 51 % less loss than in 2024
Profit after tax over the fiscal year.
€ 104,627
▼ 76% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 277,684.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 22,835
▼ 38% vs 2024
Of which on lease € 22,835.
Debts at end 2025
€ 22,538
▼ 91% vs 2024
€ 12,337 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1,276
▼ 50% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 164
▼ € 115,527 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 257,182 | € 108,855 | € 15,581 | € 22,552 | ▲ 45% |
| Profit after taxes | € 55,504 | € 242,787 | € -13,875 | € -6,731 | ▲ € 7,144 |
| Equity | € 74,104 | € 316,891 | € 303,016 | € 296,284 | ▼ 2% |
| Total debts | € 568,262 | € 462,788 | € 367,901 | € 23,978 | ▼ 93% |
| Cash | € 187,053 | € 528,829 | € 439,103 | € 104,627 | ▼ 76% |
| Land & buildings | € 198,471 | € 197,259 | € 191,507 | € 185,756 | ▼ 3% |
| Retained profit | € 55,504 | € 298,291 | € 284,416 | € 277,684 | ▼ 2% |
| Dividend | € 157,262 | € 0 | € 0 | € 0 | |
| Bank debt | € 523,358 | € 321,345 | € 249,680 | € 22,538 | ▼ 91% |
| Balance sheet total | € 642,366 | € 779,679 | € 670,917 | € 320,263 | ▼ 52% |
Key figures of GROUWELS, 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 GROUWELS?
What happened at GROUWELS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,731. filed late Source: NBB ↗
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
- Lieve Grouwels became a director. NBB
In short
From € 55,504 profit in 2022 to € 6,731 loss in 2025.
Paid € 133,738 in corporate taxes since 2022.
Best year ever: 2023, with € 242,787 profit.
Paid out € 157,262 in dividends to the owners in total.
Management
Behind GROUWELS is Lieve Grouwels.
Directors
According to the 2025 annual accounts
Lieve Grouwels
Director
since 2017
Establishments
Establishment units
Physical locations of this company
Heuvelstraat 6
3390 Tielt-Winge
Diestersteenweg 206 box 1
3510 Hasselt
Active since 28 April 2017
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0674.924.020
- VAT number
- BE 0674.924.020
- Registered office
- Heuvelstraat 6, 3390 Tielt-Winge
- Names & denominations
- GROUWELS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 April 2017
- Peppol
- Not registered