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 2 of the last 2 fiscal years.
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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 16 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Grindeks Kalceks Belgium from Aalst, company number BE0800974431, closed financial year 2025 with a result of € -94,781 after tax. For that financial year Grindeks Kalceks Belgium recorded a gross margin of € 370,528 and equity of € -583,536. Compared with financial year 2024, the result moved from € -490,755 to € -94,781. 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 4, 2026.
€ -583,536
▼ € 94,781 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -94,781
▲ 81 % less loss than in 2024
Profit after tax over the fiscal year.
€ 138,954
▲ € 107,743 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -585,536.
People and assets in 2025
2.3
▲ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 171,581
▲ 171% vs 2024
€ 74,600 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.
€ 8,184
▼ 25% 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.
€ 2.3 million
▲ 75% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 19,543
▲ 133% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -405,139 | € 370,528 | ▲ € 775,667 |
| Profit after taxes | € -490,755 | € -94,781 | ▲ € 395,974 |
| Equity | € -488,755 | € -583,536 | ▼ € 94,781 |
| Total debts | € 1,750,236 | € 2,719,183 | ▲ 55% |
| Cash | € 31,210 | € 138,954 | ▲ € 107,743 |
| Retained profit | € -490,755 | € -585,536 | ▼ € 94,781 |
| Balance sheet total | € 1,261,481 | € 2,135,647 | ▲ 69% |
| Employees (FTE) | 1.2 | 2.3 | ▲ 1.1 |
Key figures of Grindeks Kalceks Belgium, fiscal years 2024 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 Grindeks Kalceks Belgium?
What happened at Grindeks Kalceks Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 94,781. Source: NBB ↗
- Janis ROMANOVSKIS became a director. NBB
- Juris HMELNICKIS stepped down as director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 490,755 loss in 2024 to € 94,781 loss in 2025.
Paid € 528 in corporate taxes since 2024.
On average € 161,100 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
Behind Grindeks Kalceks Belgium is Janis ROMANOVSKIS.
Directors
According to the 2025 annual accounts
Janis ROMANOVSKIS
Director
since 2025
Juris HMELNICKIS
Director
· until 2025
Establishments
Establishment units
Physical locations of this company
Eversberg 17 box 21
9320 Aalst
Louizalaan 489
1050 Brussel
Active since 20 April 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0800.974.431
- VAT number
- BE 0800.974.431
- Registered office
- Eversberg 17 bus 21, 9320 Aalst
- Names & denominations
- Grindeks Kalceks Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 April 2023
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Groothandel in farmaceutische en medische artikelen