Financials
Financial year 2025
GREY COLOR from Tournai, company number BE0849509667, closed financial year 2025 with a result of € 132,872 after tax. For that financial year GREY COLOR recorded a gross margin of € 1.3 million and equity of € 716,574. Compared with financial year 2024, the result moved from € 152,675 to € 132,872. 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 August 24, 2026.
€ 716,574
▲ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 132,872
▼ 13% vs 2024
Profit after tax over the fiscal year.
€ 257,716
▲ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 25,600 paid out
19 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
16.3
▼ 2.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 846,813
▼ 4% vs 2024
€ 52,000 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.
€ 394,497
▲ 50% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.2 million
▲ 10% vs 2024
€ 221,876 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 307,583
▲ 183% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 46,575
▼ 9% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 962,952 | € 1,186,587 | € 1,330,114 | € 1,318,038 | ▼ 1% |
| Profit after taxes | € 113,446 | € 171,395 | € 152,675 | € 132,872 | ▼ 13% |
| Equity | € 362,131 | € 524,526 | € 609,303 | € 716,574 | ▲ 18% |
| Total debts | € 1,427,033 | € 1,416,439 | € 1,263,504 | € 1,554,648 | ▲ 23% |
| Cash | € 303,179 | € 329,314 | € 249,156 | € 257,716 | ▲ 3% |
| Land & buildings | € 1,045,342 | € 997,281 | € 944,521 | € 976,327 | ▲ 3% |
| Retained profit | € 355,931 | € 518,326 | € 603,103 | € 710,374 | ▲ 18% |
| Dividend | € 0 | € 9,000 | € 67,899 | € 25,600 | ▼ 62% |
| Bank debt | € 880,234 | € 1,020,754 | € 1,054,397 | € 1,155,103 | ▲ 10% |
| Balance sheet total | € 1,789,164 | € 1,940,965 | € 1,872,807 | € 2,271,222 | ▲ 21% |
| Employees (FTE) | 16 | 16.5 | 18.5 | 16.3 | ▼ 2.2 |
Key figures of GREY COLOR, 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 GREY COLOR?
What happened at GREY COLOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 132,872 (▼ 13% vs 2024). filed late Source: NBB ↗
- Maxime Pietras became a director. NBB
- Geoffrey Pietras became a director. NBB
- PIETRAS Yves became a director. NBB
- New establishment in Tournai. KBO
- Start of the company according to the CBE. KBO
In short
From € 113,446 profit in 2022 to € 132,872 profit in 2025.
Paid € 265,335 in corporate taxes since 2022.
Best year ever: 2023, with € 171,395 profit.
On average € 80,900 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 GREY COLOR are Maxime Pietras, Geoffrey Pietras and PIETRAS Yves.
Directors
According to the 2025 annual accounts
Maxime Pietras
Director
since 2022
Geoffrey Pietras
Director
since 2022
PIETRAS Yves
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Rue du Serpolet (MAR) 3
7522 Tournai
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
OVH Mail
Hosting
OVH, FR
DNS
OVH DNS
Website info
Features
Security
Network
Details
- Company number
- 0849.509.667
- VAT number
- BE 0849.509.667
- Registered office
- Rue du Serpolet (MAR) 3, 7522 Tournai
- Names & denominations
- GREY COLOR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 October 2012
- Peppol
- Active · Active since 6 Nov 2025
- Contact
- greycolor.be
- Activities · NACE
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