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 13 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
GRS COMPANY from Morlanwelz, company number BE0789239114, closed financial year 2024 with a result of € 20,884 after tax. For that financial year GRS COMPANY recorded a gross margin of € 66,871 and equity of € 33,079. Compared with financial year 2023, the result moved from € 11,320 to € 20,884. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 5, 2025.
€ 33,079
▲ 192% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20,884
▲ 84% vs 2023
Profit after tax over the fiscal year.
€ 9,463
▲ € 9,224 vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 33,079.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 33,944
▲ 54% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 41,192
▲ 121% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 30,703
▲ 184% vs 2023
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|
| Gross margin | € 42,668 | € 66,871 | ▲ 57% |
| Profit after taxes | € 11,320 | € 20,884 | ▲ 84% |
| Equity | € 11,320 | € 33,079 | ▲ 192% |
| Total debts | € 29,431 | € 71,895 | ▲ 144% |
| Cash | € 239 | € 9,463 | ▲ € 9,224 |
| Retained profit | € 11,320 | € 33,079 | ▲ 192% |
| Balance sheet total | € 40,750 | € 104,974 | ▲ 158% |
Key figures of GRS COMPANY, fiscal years 2023 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 GRS COMPANY?
What happened at GRS COMPANY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 20,884 (▲ 84% vs 2023). filed late Source: NBB ↗
- New establishment in Binche. KBO
- New establishment in Morlanwelz. KBO
- New establishment in Binche. KBO
- SAFI GUL RAHMAN became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 11,320 profit in 2023 to € 20,884 profit in 2024.
Paid € 8,937 in corporate taxes since 2023.
Best year ever: 2024, with € 20,884 profit.
Management
Behind GRS COMPANY is SAFI GUL RAHMAN.
Directors
According to the 2024 annual accounts
SAFI GUL RAHMAN
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Rue de la Gade(CAR) 1
7141 Morlanwelz
Rue de l'Industrie(Res) 29
7134 Binche
Active since 29 July 2022
Route de Mons(BIN) 62
7130 Binche
Active since 29 July 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0789.239.114
- VAT number
- BE 0789.239.114
- Registered office
- Rue de la Gade(CAR) 1, 7141 Morlanwelz
- Names & denominations
- GRS COMPANY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 July 2022
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)