Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 3 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
-
Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2024
GRASSCO from Merelbeke-Melle, company number BE0773467112, closed financial year 2024 with a result of € -79,935 after tax. For that financial year GRASSCO recorded a gross margin of € -68,789 and equity of € -33,306. Compared with financial year 2023, the result moved from € -197,924 to € -79,935. The company made a loss. 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 July 30, 2025.
€ -33,306
▲ € 80,065 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -79,935
▲ 60 % less loss than in 2023
Profit after tax over the fiscal year.
€ 66,613
▲ 144% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -833,306.
People and assets in 2024
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 148,798
▼ 1% vs 2023
Supplier invoices still open on the last day of the fiscal year.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € -522,500 | € -187,134 | € -68,789 | ▲ € 118,345 |
| Profit after taxes | € -555,447 | € -197,924 | € -79,935 | ▲ € 117,990 |
| Equity | € 84,553 | € -113,371 | € -33,306 | ▲ € 80,065 |
| Total debts | € 527,963 | € 256,813 | € 189,427 | ▼ 26% |
| Cash | € 19,296 | € 27,250 | € 66,613 | ▲ 144% |
| Retained profit | € -555,447 | € -753,371 | € -833,306 | ▼ € 79,935 |
| Balance sheet total | € 612,517 | € 143,442 | € 156,121 | ▲ 9% |
Key figures of GRASSCO, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to GRASSCO?
What happened at GRASSCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 79,935. Source: NBB ↗
- Bodegem Holding became a director. NBB
- Jeroen Nachtergaele became a director. NBB
- New establishment in Geraardsbergen. KBO
- Pieter Hensen became a director. NBB
- New establishment in Merelbeke-Melle. KBO
- Participatiemaatschappij Vlaanderen NV became a director. NBB
- Van Stipdonk Landschapsinrichting BV became a director. NBB
In short
From € 555,447 loss in 2022 to € 79,935 loss in 2024.
A new publication or filing at GRASSCO? We notify you, reason included.
Follow GRASSCODatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
The stake of Participatiemaatschappij Vlaanderen, Natuurinvest, WINDEY comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GRASSCOBehind GRASSCO are Pieter Hensen, Participatiemaatschappij Vlaanderen NV, Bodegem Holding, Van Stipdonk Landschapsinrichting BV, Natuurinvest NV and Windey NV. The shares are held by Participatiemaatschappij Vlaanderen (24.5%), Natuurinvest (24.5%) and WINDEY (12.8%).
Directors
According to the 2024 annual accounts
Pieter Hensen
Director
since 2021
Participatiemaatschappij Vlaanderen NV
Director · represented by Tom Mortier
Also active at: VLAAMSE INSTELLING VOOR TECHNOLOGISCH ONDERZOEK, Arts Gebroeders immobilière, BEDRIJVENCENTRUM VILVOORDE, BIOTECH FONDS VLAANDEREN, MAISON DE LA RADIO FLAGEY, HERTECANT FLANGES, Site-Ontwikkeling Vlaanderen, SUSTAINABLE ENERGY VENTURES +136 more
since 2021
Bodegem Holding
Director · represented by Jan Willem Van Bodegem
since 2025
Van Stipdonk Landschapsinrichting BV
Director · represented by Dirk Jan Van Stipdonk
since 2021
Director · represented by Thomas René Embo
since 2021
Director · represented by Jan Windey
since 2021
Jeroen Nachtergaele
Director
since 2023
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Regenboog 2
9090 Merelbeke-Melle
Dagmoedstraat(Sch) 105
9506 Geraardsbergen
Active since 1 September 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0773.467.112
- VAT number
- BE 0773.467.112
- Registered office
- Regenboog 2, 9090 Merelbeke-Melle
- Names & denominations
- GRASSCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 September 2021
- Peppol
- Active · Active since 31 Mar 2026
- Contact
- +32473651227
- Activities · NACE
Terugwinning van materialen uit afval
Behandeling en verwijdering van ongevaarlijk afval, m.u.v. slib en vloeibare afvalstoffen
Andere afvalverwijdering
Voorbehandeling van ongevaarlijk afval met het oog op verwijdering
Overige verwerking en verwijdering van ongevaarlijk afval