Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GREBACO from Bilzen-Hoeselt, company number BE0866498822, closed financial year 2025 with a result of € -6,584 after tax. For that financial year GREBACO recorded a gross margin of € 51,993 and equity of € 66,202. Compared with financial year 2024, the result moved from € -3,933 to € -6,584. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ 66,202
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,584
▼ 67 % more loss than in 2024
Profit after tax over the fiscal year.
€ 7,813
▲ 59% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 3,702.
Debts at end 2025
€ 289,483
▼ 30% vs 2024
€ 28,776 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 5,162
▲ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 681
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 44,244 | € 32,047 | € 45,973 | € 51,993 | ▲ 13% |
| Profit after taxes | € -5,012 | € -18,886 | € -3,933 | € -6,584 | ▼ € 2,651 |
| Equity | € 95,605 | € 76,720 | € 72,787 | € 66,202 | ▼ 9% |
| Total debts | € 692,663 | € 684,951 | € 655,007 | € 627,648 | ▼ 4% |
| Cash | € 8,686 | € 2,507 | € 4,916 | € 7,813 | ▲ 59% |
| Land & buildings | € 772,576 | € 745,845 | € 711,370 | € 680,716 | ▼ 4% |
| Retained profit | € 33,105 | € 14,220 | € 10,287 | € 3,702 | ▼ 64% |
| Bank debt | € 472,887 | € 442,669 | € 413,781 | € 289,483 | ▼ 30% |
| Balance sheet total | € 788,268 | € 761,671 | € 727,794 | € 693,851 | ▼ 5% |
Key figures of GREBACO, 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 GREBACO?
What happened at GREBACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,584. Source: NBB ↗
- New establishment in Bilzen-Hoeselt. KBO
- Start of the company according to the CBE. KBO
- Bart Thewissen became a director. NBB
- Greet Knaepen became a director. NBB
In short
From € 5,012 loss in 2022 to € 6,584 loss 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 GREBACO are Bart Thewissen and Greet Knaepen.
Directors
According to the 2025 annual accounts
Bart Thewissen
Director
since 2004
Greet Knaepen
Director
since 2004
Establishments
Establishment units
Physical locations of this company
Kleistraat 86
3730 Bilzen-Hoeselt
Kerkberglaan 18
3740 Bilzen-Hoeselt
Active since 23 July 2004
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0866.498.822
- VAT number
- BE 0866.498.822
- Registered office
- Kleistraat 86, 3730 Bilzen-Hoeselt
- Names & denominations
- GREBACO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 July 2004
- Peppol
- Active · Active since 31 Jul 2025
- Activities · NACE
Diverse ondersteunende activiteiten ten behoeve van voorzieningen
Beheer van residentiële gebouwen
Overige detailhandel in voedingsmiddelen, neg
Ontwikkeling van residentiële bouwprojecten
Handel in eigen onroerend goed
Beheer van overig onroerend goed
Overige detailhandel in voedings- en genotmiddelen in gespecialiseerde winkels, n.e.g.
Projectontwikkeling voor woningbouw
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