Financials
Financial year 2025
GRITEC from Charleroi, company number BE0831096493, closed financial year 2025 with a result of € 46,557 after tax. For that financial year GRITEC recorded a gross margin of € 495,158 and equity of € 162,242. Compared with financial year 2024, the result moved from € 47,142 to € 46,557. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 11, 2026.
€ 162,242
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 46,557
▼ 1% vs 2024
Profit after tax over the fiscal year.
€ 149,816
▲ 70% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 44,810 paid out
96 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
10.1
Average over the fiscal year, from the social balance sheet.
€ 371,929
▼ 19% vs 2024
€ 36,800 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.
€ 25,122
▲ 2% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6,788
▼ 31% vs 2024
€ 3,282 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 138,226
▼ 50% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 235,399
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 458,556 | € 560,915 | € 592,220 | € 495,158 | ▼ 16% |
| Profit after taxes | € 46,250 | € 33,837 | € 47,142 | € 46,557 | ▼ 1% |
| Equity | € 169,745 | € 187,153 | € 160,495 | € 162,242 | ▲ 1% |
| Total debts | € 301,275 | € 476,346 | € 573,484 | € 425,223 | ▼ 26% |
| Cash | € 51,893 | € 42,003 | € 88,037 | € 149,816 | ▲ 70% |
| Retained profit | € 151,145 | € 168,553 | € 141,895 | € 143,642 | ▲ 1% |
| Dividend | € 14,286 | € 16,429 | € 73,800 | € 44,810 | ▼ 39% |
| Bank debt | € 0 | € 0 | € 9,862 | € 6,788 | ▼ 31% |
| Balance sheet total | € 471,020 | € 663,500 | € 733,980 | € 587,465 | ▼ 20% |
| Employees (FTE) | 8.6 | 10.1 | 10.1 | 10.1 |
Key figures of GRITEC, 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 GRITEC?
What happened at GRITEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 46,557 (▼ 1% vs 2024). Source: NBB ↗
- New establishment in Charleroi. KBO
- Start of the company according to the CBE. KBO
- Madjid Zaddi became a director. NBB
In short
From € 46,250 profit in 2022 to € 46,557 profit in 2025.
Paid € 143,896 in corporate taxes since 2022.
Best year ever: 2024, with € 47,142 profit.
On average € 49,000 of value added per employee in 2025.
A new publication or filing at GRITEC? We notify you, reason included.
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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 GRITEC is Madjid Zaddi. The shares are held by Madjid Zaddi (100%).
Directors
According to the 2025 annual accounts
since 2010
Shareholders
Madjid Zaddi · director
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue des Emailleries 4C
6041 Charleroi
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0831.096.493
- VAT number
- BE 0831.096.493
- Registered office
- Rue des Emailleries 4C, 6041 Charleroi
- Names & denominations
- GRITEC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 November 2010
- Peppol
- Active · Active since 19 Aug 2025
- Activities · NACE
Algemene elektrotechnische installatiewerken
Handelsbemiddeling in de groothandel in andere specifieke goederen