What does Grigoryan do?

Grigoryan is a courier company in Zwevegem. Private Limited, started on 23 May 2018, 1 establishment.

What is the address of Grigoryan?

The registered office of Grigoryan is located at Pluim(Z) 34, 8550 Zwevegem.

Is Grigoryan still active?

Yes. According to the CBE (31 October 2026) Grigoryan is active, legal situation “Normale toestand”, started on 23 May 2018.

Is Grigoryan registered on Peppol?

Yes, Grigoryan is registered on the Peppol network with ID 0208:0696704874.

What is the enterprise number of Grigoryan?

The enterprise number of Grigoryan is BE0696704874.

When was Grigoryan founded?

Grigoryan was founded on 23 May 2018.

Who are the directors of Grigoryan?

According to the 2025 annual accounts, the directors of Grigoryan are: Garik Grigoryan.

Is Grigoryan a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 23 May 2018; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did Grigoryan make in 2025?

Grigoryan recorded a loss after taxes of € 4,384 in financial year 2025.

What is the revenue of Grigoryan?

As a small company, Grigoryan is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 202,882.

Grigoryan (Private Limited) - Zwevegem - BE0696704874

Dossier Grigoryan, printed on 31 October 2026 from databakkes.be/en/0696704874/grigoryan. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Grigoryan from Zwevegem, company number BE0696704874, closed financial year 2025 with a result of € -4,384 after tax. For that financial year Grigoryan recorded a gross margin of € 202,882 and equity of € 162,508. Compared with financial year 2024, the result moved from € 22,385 to € -4,384. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.

What it is worth Healthy

€ 162,508

▼ 3% vs 2024

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

Loss Caution

€ -4,384

▼ still € 22,385 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 93,505

▼ 27% 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 € 161,508.

People and assets in 2025

Wage cost

€ 104,734

▼ 46% 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.

Vehicles and equipment

€ 89,218

▼ 33% vs 2024

Of which on lease € 85,673.

Debts at end 2025

Bank debt ≈ 11 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 610,248

▼ 8% vs 2024

€ 53,418 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.

Owed to suppliers

€ 29,248

▼ 53% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 19,597

▼ 18% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 287,639 Gross margin 2022: € 287,639 First fiscal year in the series	€ 304,559 Gross margin 2023: € 304,559 ▲ 6% vs 2022 (€ 287,639) Favourable step	€ 358,370 Gross margin 2024: € 358,370 ▲ 18% vs 2023 (€ 304,559) Favourable step	€ 202,882 Gross margin 2025: € 202,882 ▼ 43% vs 2024 (€ 358,370) Unfavourable step	▼ 43%
Profit after taxes	€ 31,616 Profit after taxes 2022: € 31,616 First fiscal year in the series	€ 24,271 Profit after taxes 2023: € 24,271 ▼ 23% vs 2022 (€ 31,616) Unfavourable step	€ 22,385 Profit after taxes 2024: € 22,385 ▼ 8% vs 2023 (€ 24,271) Unfavourable step	€ -4,384 Profit after taxes 2025: € -4,384 ▼ € 26,769 vs 2024 (€ 22,385) Unfavourable step	▼ € 26,769
Equity	€ 120,235 Equity 2022: € 120,235 First fiscal year in the series	€ 144,506 Equity 2023: € 144,506 ▲ 20% vs 2022 (€ 120,235) Favourable step	€ 166,892 Equity 2024: € 166,892 ▲ 15% vs 2023 (€ 144,506) Favourable step	€ 162,508 Equity 2025: € 162,508 ▼ 3% vs 2024 (€ 166,892) Unfavourable step	▼ 3%
Total debts	€ 190,701 Total debts 2022: € 190,701 First fiscal year in the series	€ 504,382 Total debts 2023: € 504,382 ▲ 164% vs 2022 (€ 190,701) Unfavourable step	€ 770,652 Total debts 2024: € 770,652 ▲ 53% vs 2023 (€ 504,382) Unfavourable step	€ 673,606 Total debts 2025: € 673,606 ▼ 13% vs 2024 (€ 770,652) Favourable step	▼ 13%
Cash	€ 33,355 Cash 2022: € 33,355 First fiscal year in the series	€ 85,686 Cash 2023: € 85,686 ▲ 157% vs 2022 (€ 33,355) Favourable step	€ 127,225 Cash 2024: € 127,225 ▲ 48% vs 2023 (€ 85,686) Favourable step	€ 93,505 Cash 2025: € 93,505 ▼ 27% vs 2024 (€ 127,225) Unfavourable step	▼ 27%
Land & buildings	-	€ 333,977 Land & buildings 2023: € 333,977 First fiscal year in the series	€ 562,566 Land & buildings 2024: € 562,566 ▲ 68% vs 2023 (€ 333,977) Unchanged	€ 567,741 Land & buildings 2025: € 567,741 ▲ 1% vs 2024 (€ 562,566) Unchanged	▲ 1%
Retained profit	€ 119,235 Retained profit 2022: € 119,235 First fiscal year in the series	€ 143,506 Retained profit 2023: € 143,506 ▲ 20% vs 2022 (€ 119,235) Favourable step	€ 165,892 Retained profit 2024: € 165,892 ▲ 16% vs 2023 (€ 143,506) Favourable step	€ 161,508 Retained profit 2025: € 161,508 ▼ 3% vs 2024 (€ 165,892) Unfavourable step	▼ 3%
Bank debt	€ 94,170 Bank debt 2022: € 94,170 First fiscal year in the series	€ 370,738 Bank debt 2023: € 370,738 ▲ 294% vs 2022 (€ 94,170) Unfavourable step	€ 664,679 Bank debt 2024: € 664,679 ▲ 79% vs 2023 (€ 370,738) Unfavourable step	€ 610,248 Bank debt 2025: € 610,248 ▼ 8% vs 2024 (€ 664,679) Favourable step	▼ 8%
Balance sheet total	€ 310,936 Balance sheet total 2022: € 310,936 First fiscal year in the series	€ 648,889 Balance sheet total 2023: € 648,889 ▲ 109% vs 2022 (€ 310,936) Unchanged	€ 943,728 Balance sheet total 2024: € 943,728 ▲ 45% vs 2023 (€ 648,889) Unchanged	€ 840,939 Balance sheet total 2025: € 840,939 ▼ 11% vs 2024 (€ 943,728) Unchanged	▼ 11%

Key figures of Grigoryan, 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 Grigoryan?

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

Jan 30, 2026 New annual accounts for financial year 2025: loss of € 4,384 (▼ € 26,769 vs 2024). Source: NBB ↗
May 23, 2018 New establishment in Zwevegem. KBO
2018 Garik Grigoryan became a director. NBB
May 23, 2018 Start of the company according to the CBE. KBO

In short

From € 31,616 profit in 2022 to € 4,384 loss in 2025.

Paid € 14,003 in corporate taxes since 2022.

Best year ever: 2022, with € 31,616 profit.

Original PDFs at the National Bank ↗

Management

Garik Grigoryan

Grigoryan

Behind Grigoryan is Garik Grigoryan.

Directors

According to the 2025 annual accounts

Garik Grigoryan

Director

since 2018

Establishments

Establishment units

Physical locations of this company

Registered office

Pluim(Z) 34

8550 Zwevegem

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

Details

Company number: 0696.704.874
VAT number: BE 0696.704.874
Registered office: Pluim(Z) 34, 8550 Zwevegem
Names & denominations: Grigoryan
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 23 May 2018
Peppol: Active · Active since 2 Dec 2025
Activities · NACE: Overige posterijen en koeriers

View on CBE Public ↗ Annual accounts (NBB) ↗