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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Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GRAL from Grâce-Hollogne, company number BE0862619713, closed financial year 2025 with a result of € 46,758 after tax. For that financial year GRAL recorded a gross margin of € 187,544 and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 56,826 to € 46,758. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 18, 2026.
€ 1.4 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 46,758
▼ 18% vs 2024
Profit after tax over the fiscal year.
€ 192
▼ 50% 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 € 965,288.
People and assets in 2025
2.5
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 114,638
▲ 1% vs 2024
€ 45,900 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.
Debts at end 2025
€ 48,000
Loans from banks and other lenders, long and short.
€ 75,237
Supplier invoices still open on the last day of the fiscal year.
€ 70,570
▲ 5% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 124,744 | € 196,000 | € 202,392 | € 187,544 | ▼ 7% |
| Profit after taxes | € 10,293 | € 47,685 | € 56,826 | € 46,758 | ▼ 18% |
| Equity | € 1,248,018 | € 1,295,704 | € 1,352,529 | € 1,399,288 | ▲ 3% |
| Total debts | € 255,212 | € 559,105 | € 504,004 | € 460,896 | ▼ 9% |
| Cash | € 4,670 | € 228 | € 383 | € 192 | ▼ 50% |
| Retained profit | € 814,018 | € 861,704 | € 918,529 | € 965,288 | ▲ 5% |
| Bank debt | € 9,341 | € 48,000 | € 48,000 | € 48,000 | |
| Balance sheet total | € 1,503,230 | € 1,854,808 | € 1,856,533 | € 1,860,184 | |
| Employees (FTE) | 1.9 | 2 | 2.1 | 2.5 | ▲ 0.4 |
Key figures of GRAL, 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 GRAL?
What happened at GRAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 46,758 (▼ 18% vs 2024). filed late Source: NBB ↗
- New establishment in Grâce-Hollogne. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,293 profit in 2022 to € 46,758 profit in 2025.
Paid € 79,635 in corporate taxes since 2022.
Best year ever: 2024, with € 56,826 profit.
On average € 75,000 of value added per employee in 2025.
A new publication or filing at GRAL? 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 GRAL are Alexandra Eycken and Grégory Eycken. It owns 100% of GEST LIVE itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Rue de la Station 15
4460 Grâce-Hollogne
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0862.619.713
- VAT number
- BE 0862.619.713
- Registered office
- Rue de la Station 15, 4460 Grâce-Hollogne
- Names & denominations
- GRAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 January 2004
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
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