Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Grit Studios from Elsene, company number BE0733760359, closed financial year 2025 with a result of € -314,469 after tax. For that financial year Grit Studios recorded a gross margin of € 3.1 million and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 36,310 to € -314,469. 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 July 28, 2026.
€ 1.5 million
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -314,469
▼ still € 36,310 profit in 2024
Profit after tax over the fiscal year.
€ 4,498
▼ 98% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -338,752.
People and assets in 2025
59.9
▲ 12.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.9 million
▲ 89% vs 2024
€ 31,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 610,941
▲ 34% vs 2024
Of which on lease € 177,064.
Debts at end 2025
€ 6.4 million
▲ 1% vs 2024
€ 1.9 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.5 million
▲ 124% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 153,037
▲ 141% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 767,827 | € 1,309,229 | € 2,235,147 | € 3,131,420 | ▲ 40% |
| Profit after taxes | € 223,336 | € 32,617 | € 36,310 | € -314,469 | ▼ € 350,779 |
| Equity | € 216,564 | € 1,442,751 | € 1,606,374 | € 1,524,128 | ▼ 5% |
| Total debts | € 1,770,267 | € 4,091,724 | € 7,551,362 | € 8,309,670 | ▲ 10% |
| Cash | € 125,046 | € 138,889 | € 231,865 | € 4,498 | ▼ 98% |
| Retained profit | € -93,211 | € -60,593 | € -24,284 | € -338,752 | ▼ € 314,469 |
| Bank debt | € 947,540 | € 3,047,413 | € 6,398,603 | € 6,447,830 | ▲ 1% |
| Balance sheet total | € 1,986,831 | € 5,534,475 | € 9,157,735 | € 9,833,799 | ▲ 7% |
| Employees (FTE) | 16.7 | 30.5 | 47.3 | 59.9 | ▲ 12.6 |
Key figures of Grit Studios, 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 Grit Studios?
What happened at Grit Studios in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Antoine DEROM stepped down as director. NBB
- Alexandre DE VAUCLEROY stepped down as director. NBB
- Arthur DE LIEDEKERKE BEAUFORT stepped down as director. NBB
- Eric EVRARD stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 314,469 (▼ € 350,779 vs 2024). Source: NBB ↗
- New establishment in Elsene. KBO
- Antoine DEROM became a director. NBB
- Alexandre DE VAUCLEROY became a director. NBB
In short
From € 223,336 profit in 2022 to € 314,469 loss in 2025.
Paid € 871 in corporate taxes since 2022.
Best year ever: 2022, with € 223,336 profit.
On average € 52,300 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Eric EVRARD
Director
since 2023 · until 2028
since 2025 · until 2031
since 2025 · until 2031
Arthur DE LIEDEKERKE BEAUFORT
Director
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Vleurgatse Steenweg 73
1050 Elsene
Edith Cavellstraat 32-34
1180 Ukkel
Active since 30 May 2022
Oudergemlaan 70
1040 Etterbeek
Active since 1 November 2023
Louizalaan 222
1050 Elsene
Active since 15 April 2023
Oudergemlaan 68
1040 Etterbeek
Active since 1 January 2023
Mignot Delstanchestraat 35
1050 Elsene
Active since 1 August 2023
Louizalaan 221
1050 Elsene
Active since 1 April 2026
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
- 0733.760.359
- VAT number
- BE 0733.760.359
- Registered office
- Vleurgatse Steenweg 73, 1050 Elsene
- Names & denominations
- Grit Studios
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 September 2019
- Peppol
- Active · Active since 10 Feb 2026
- Activities · NACE
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