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 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GROUSE from Nazareth-De Pinte, company number BE0695613724, closed financial year 2025 with a result of € -18,416 after tax. For that financial year GROUSE recorded a gross margin of € 45,068 and equity of € 182,668. Compared with financial year 2024, the result moved from € 146,859 to € -18,416. 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 January 27, 2026.
€ 182,668
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,416
▼ still € 146,859 profit in 2024
Profit after tax over the fiscal year.
€ 56
▼ 55% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 164,068.
Debts at end 2025
€ 2.9 million
▲ € 2.2 million vs 2024
Loans from banks and other lenders, long and short.
€ 380
▼ 51% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 9,061 | € 20,016 | € 16,214 | € 45,068 | ▲ 178% |
| Profit after taxes | € -21,703 | € 19,413 | € 146,859 | € -18,416 | ▼ € 165,275 |
| Equity | € 34,811 | € 54,225 | € 201,084 | € 182,668 | ▼ 9% |
| Total debts | € 1,019,151 | € 929,081 | € 800,107 | € 3,021,046 | ▲ 278% |
| Cash | € 217 | € 938 | € 123 | € 56 | ▼ 55% |
| Retained profit | € 16,211 | € 35,625 | € 182,484 | € 164,068 | ▼ 10% |
| Bank debt | € 740,530 | € 723,347 | € 725,910 | € 2,930,000 | ▲ € 2.2 million |
| Balance sheet total | € 1,053,963 | € 983,305 | € 1,001,191 | € 3,203,714 | ▲ 220% |
Key figures of GROUSE, 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 January 2027.
What happened to GROUSE?
What happened at GROUSE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 18,416 (▼ € 165,275 vs 2024). Source: NBB ↗
- James Bontinck became a director. NBB
- New establishment in Nazareth-De Pinte. KBO
- Start of the company according to the CBE. KBO
In short
From € 21,703 loss in 2022 to € 18,416 loss in 2025.
Best year ever: 2024, with € 146,859 profit.
Management
Behind GROUSE is James Bontinck. James Bontinck is also behind GROUSE CONSTRUCT, WEDEV and Bontinck Invest.
Directors
According to the 2025 annual accounts
since 2025
Establishments
Establishment units
Physical locations of this company
Groendreef 10
9810 Nazareth-De Pinte
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0695.613.724
- VAT number
- BE 0695.613.724
- Registered office
- Groendreef 10, 9810 Nazareth-De Pinte
- Names & denominations
- GROUSE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 May 2018
- Peppol
- Active · Active since 27 Mar 2026