Financials
Financial year 2025
GR DEVELOPMENT from Faimes, company number BE0821841408, closed financial year 2025 with a result of € 5,731 after tax. For that financial year GR DEVELOPMENT recorded a gross margin of € 35,309 and equity of € 3,760. Compared with financial year 2024, the result moved from € 9,434 to € 5,731. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 1, 2026.
€ 3,760
▲ € 5,731 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,731
▼ 39% vs 2024
Profit after tax over the fiscal year.
€ 6,019
▲ 20% 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 € -2,440.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 9,790
▲ 51% vs 2024
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 2,206
▼ 82% vs 2024
Of which on lease € 2,206.
Debts at end 2025
€ 12,275
▼ 30% vs 2024
Loans from banks and other lenders, long and short.
€ 1,819
▼ 57% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,163
▼ 33% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 44,526 | € 55,497 | € 35,164 | € 35,309 | |
| Profit after taxes | € -9,692 | € 1,050 | € 9,434 | € 5,731 | ▼ 39% |
| Equity | € -12,455 | € -11,405 | € -1,971 | € 3,760 | ▲ € 5,731 |
| Total debts | € 59,564 | € 45,170 | € 32,424 | € 21,336 | ▼ 34% |
| Cash | € 1 | € 1 | € 5,001 | € 6,019 | ▲ 20% |
| Retained profit | € -18,655 | € -17,605 | € -8,171 | € -2,440 | ▲ € 5,731 |
| Bank debt | € 41,873 | € 29,828 | € 17,439 | € 12,275 | ▼ 30% |
| Balance sheet total | € 47,109 | € 33,765 | € 30,453 | € 25,096 | ▼ 18% |
Key figures of GR DEVELOPMENT, 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 GR DEVELOPMENT?
What happened at GR DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5,731 (▼ 39% vs 2024). Source: NBB ↗
- New establishment in Faimes. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,692 loss in 2022 to € 5,731 profit in 2025.
Paid € 8,869 in corporate taxes since 2022.
Best year ever: 2024, with € 9,434 profit.
Management
Behind GR DEVELOPMENT is Dominique GLODT.
Directors
According to the 2025 annual accounts
Dominique GLODT
Director
Establishments
Establishment units
Physical locations of this company
Rue des Bada 22
4317 Faimes
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0821.841.408
- VAT number
- BE 0821.841.408
- Registered office
- Rue des Bada 22, 4317 Faimes
- Names & denominations
- GR DEVELOPMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 2009
- Peppol
- Active · Active since 7 Dec 2025
- Activities · NACE
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