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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Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GREY LAKE from Linter, company number BE0717873541, closed financial year 2025 with a result of € -3,160 after tax. For that financial year GREY LAKE recorded a gross margin of € 207,661 and equity of € 60,611. Compared with financial year 2024, the result moved from € -36,268 to € -3,160. 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 July 31, 2026.
€ 60,611
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,160
▲ 91 % less loss than in 2024
Profit after tax over the fiscal year.
€ 79,118
▲ 96% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -39,389.
Debts at end 2025
€ 3 million
€ 129,428 is repaid this year. At this pace the long-term loan is gone in ≈ 23 years.
€ 3,610
▼ 97% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,202
▲ 4% 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 | € 93,577 | € 203,146 | € 160,509 | € 207,661 | ▲ 29% |
| Profit after taxes | € 61,825 | € 163,614 | € -36,268 | € -3,160 | ▲ € 33,109 |
| Equity | € 100,039 | € 100,039 | € 63,770 | € 60,611 | ▼ 5% |
| Total debts | € 3,224,484 | € 3,388,582 | € 3,328,892 | € 3,247,049 | ▼ 2% |
| Cash | € 146,160 | € 62,723 | € 40,364 | € 79,118 | ▲ 96% |
| Land & buildings | - | - | € 3,346,984 | € 3,221,458 | ▼ 4% |
| Retained profit | € 39 | € 39 | € -36,230 | € -39,389 | ▼ € 3,160 |
| Dividend | € 0 | € 163,614 | € 0 | € 0 | |
| Bank debt | € 3,048,664 | € 3,072,654 | € 2,963,312 | € 2,975,033 | |
| Balance sheet total | € 3,324,522 | € 3,488,621 | € 3,392,662 | € 3,307,659 | ▼ 3% |
Key figures of GREY LAKE, 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 GREY LAKE?
What happened at GREY LAKE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,160. Source: NBB ↗
- New establishment in Linter. KBO
- Start of the company according to the CBE. KBO
In short
From € 61,825 profit in 2022 to € 3,160 loss in 2025.
Best year ever: 2023, with € 163,614 profit.
Paid out € 163,614 in dividends to the owners in total.
Management
Behind GREY LAKE are Jan Paenhuysen and Marc Poncelet. Jan Paenhuysen is also behind ACCOUNTING & TAX PARTNERS, FIKMO and LINTARA HOLDING. Marc Poncelet is also behind MPO INVEST, MARCUS ACCOUNTING & TAX and DANTERCEPPIES.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Dotermontstraat(DRL) 12
3350 Linter
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0717.873.541
- VAT number
- BE 0717.873.541
- Registered office
- Dotermontstraat(DRL) 12, 3350 Linter
- Names & denominations
- GREY LAKE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 January 2019
- Peppol
- Active · Active since 3 Dec 2025
- Activities · NACE
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