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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 37 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GRIGORYAN & CO from Landen, company number BE0748974315, closed financial year 2025 with a result of € 13,485 after tax. For that financial year GRIGORYAN & CO recorded a gross margin of € 24,684 and equity of € -96,493. Compared with financial year 2024, the result moved from € -5,595 to € 13,485. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 14, 2026.
€ -96,493
▲ € 13,485 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13,485
▲ still € 5,595 loss in 2024
Profit after tax over the fiscal year.
€ 792
▼ 70% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -106,493.
People and assets in 2025
€ 177
▼ 77% 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.
€ 3,518
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 21,191
▲ 88% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,812
▲ 87% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 256,958 | - | - | - | |
| Gross margin | € 11,987 | € 13,725 | € 9,159 | € 24,684 | ▲ 169% |
| Profit after taxes | € -37,570 | € -88,193 | € -5,595 | € 13,485 | ▲ € 19,080 |
| Equity | € -16,191 | € -104,384 | € -109,979 | € -96,493 | ▲ € 13,485 |
| Total debts | € 67,869 | € 162,651 | € 158,377 | € 194,094 | ▲ 23% |
| Cash | € 2,205 | € 1,785 | € 2,623 | € 792 | ▼ 70% |
| Land & buildings | € 5,268 | € 4,709 | € 4,522 | € 4,336 | ▼ 4% |
| Retained profit | € -26,191 | € -114,384 | € -119,979 | € -106,493 | ▲ € 13,485 |
| Balance sheet total | € 51,678 | € 58,267 | € 48,398 | € 97,600 | ▲ 102% |
Key figures of GRIGORYAN & CO, 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 GRIGORYAN & CO?
What happened at GRIGORYAN & CO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 13,485. filed late Source: NBB ↗
- New establishment in Landen. KBO
- Start of the company according to the CBE. KBO
In short
From € 37,570 loss in 2022 to € 13,485 profit in 2025.
Best year ever: 2025, with € 13,485 profit.
Establishments
Establishment units
Physical locations of this company
Stationsstraat 101
3400 Landen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0748.974.315
- VAT number
- BE 0748.974.315
- Registered office
- Stationsstraat 101, 3400 Landen
- Names & denominations
- GRIGORYAN & CO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 June 2020
- Peppol
- Active · Active since 16 Jan 2026
- Activities · NACE
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