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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Busy address KBO
36 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
GREY LTD. from Nivelles, company number BE0808025143, closed financial year 2024 with a result of € 83 after tax. For that financial year GREY LTD. recorded a gross margin of € 13,337 and equity of € -17,210. Compared with financial year 2023, the result moved from € 2,156 to € 83. The company is profitable. 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 September 29, 2025.
€ -17,210
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 83
▼ 96% vs 2023
Profit after tax over the fiscal year.
€ 10,072
▲ 7% 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 € -57,210.
People and assets in 2024
€ 2,655
▼ 70% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 92,297
▲ 2% vs 2023
€ 110 is repaid this year. At this pace the long-term loan is gone in ≈ 843 years.
€ 1,480
▼ 51% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 2,524
▲ 64% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 46,120 | € 31,717 | € 27,312 | € 13,337 | ▼ 51% |
| Profit after taxes | € 824 | € 535 | € 2,156 | € 83 | ▼ 96% |
| Equity | € -19,984 | € -19,449 | € -17,293 | € -17,210 | |
| Total debts | € 144,869 | € 129,813 | € 95,727 | € 97,477 | ▲ 2% |
| Cash | € 31,054 | € 13,735 | € 9,434 | € 10,072 | ▲ 7% |
| Retained profit | € -59,984 | € -59,449 | € -57,293 | € -57,210 | |
| Bank debt | € 140,597 | € 119,176 | € 90,759 | € 92,297 | ▲ 2% |
| Balance sheet total | € 124,886 | € 110,364 | € 78,435 | € 80,267 | ▲ 2% |
Key figures of GREY LTD., fiscal years 2021 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 GREY LTD.?
What happened at GREY LTD. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 83 (▼ 96% vs 2023). filed late Source: NBB ↗
- New establishment in Nivelles. KBO
- Start of the company according to the CBE. KBO
In short
From € 824 profit in 2021 to € 83 profit in 2024.
Paid € 4,123 in corporate taxes since 2021.
Best year ever: 2023, with € 2,156 profit.
Establishments
Establishment units
Physical locations of this company
Avenue Jean Monnet 1 box 1
1401 Nivelles
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 36 companies are registered at this address.
All companies at this address →LVD Technics
€ 19,430 gross margin · 2025
WERNER & MERTZ BENELUX
€ 12.2 million revenue · 2025
NEXUS REALTY VENTURES
€ 344,560 gross margin · 2025
HORIZON REAL ESTATE
€ 74,375 gross margin · 2025
SILVERROCK
+31 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0808.025.143
- VAT number
- BE 0808.025.143
- Registered office
- Avenue Jean Monnet 1 bus 1, 1401 Nivelles
- Names & denominations
- GREY LTD.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 November 2008
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
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Andere vormen van creatie van kunst
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