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 21 % of short-term debt in 2023; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
Greystone from Deerlijk, company number BE0702897038, closed financial year 2023 with a result of € 37,713 after tax. For that financial year Greystone recorded a gross margin of € 73,477 and equity of € 47,759. Compared with financial year 2022, the result moved from € 56,697 to € 37,713. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 5, 2024.
€ 47,759
▲ € 37,713 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 37,713
▼ 33% vs 2022
Profit after tax over the fiscal year.
€ 23,066
▲ 162% vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € 29,159.
People and assets in 2023
€ 6,885
▲ 31% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 150,000
Loans from banks and other lenders, long and short.
€ 124,840
▼ 70% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 60,375
▲ 125% vs 2022
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 80,190 | € 95,710 | € 73,477 | ▼ 23% |
| Profit after taxes | € 55,283 | € 56,697 | € 37,713 | ▼ 33% |
| Equity | € -46,650 | € 10,046 | € 47,759 | ▲ € 37,713 |
| Total debts | € 330,198 | € 559,629 | € 437,084 | ▼ 22% |
| Cash | € 398 | € 8,806 | € 23,066 | ▲ 162% |
| Retained profit | € -65,250 | € -8,554 | € 29,159 | ▲ € 37,713 |
| Bank debt | € 75,000 | € 0 | € 150,000 | |
| Balance sheet total | € 283,548 | € 569,675 | € 484,843 | ▼ 15% |
Key figures of Greystone, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to Greystone?
What happened at Greystone in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Greystone is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: profit of € 37,713 (▼ 33% vs 2022). Source: NBB ↗
- New establishment in Deerlijk. KBO
- Milan Verkindere became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 55,283 profit in 2021 to € 37,713 profit in 2023.
Paid € 2,916 in corporate taxes since 2021.
Best year ever: 2022, with € 56,697 profit.
Management
Behind Greystone is Milan Verkindere.
Directors
According to the 2023 annual accounts
Milan Verkindere
Manager
since 2021
Establishments
Establishment units
Physical locations of this company
Schoolstraat 4
8540 Deerlijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0702.897.038
- VAT number
- BE 0702.897.038
- Registered office
- Schoolstraat 4, 8540 Deerlijk
- Names & denominations
- Greystone
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 6 September 2018
- Peppol
- Active · Active since 31 Jan 2026
- Activities · NACE
Gastenkamers
Vakantieverblijven en andere accommodatie voor kort verblijf, neg
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Hotels en dergelijke accommodatie
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen
Groothandel in aanhangwagens, opleggers en caravans
Activiteiten van kuuroorden, sauna’s en stoombaden
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
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