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.
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Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
56 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
GRENKE LEASE from Anderlecht, company number BE0873803219, closed financial year 2025 with a result of € -2.9 million after tax. For that financial year GRENKE LEASE recorded revenue of € 90.8 million and equity of € 874,870. Compared with financial year 2024, the result moved from € -1.7 million to € -2.9 million. The company made a loss. The buffer shrank hard: equity is 61 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 10, 2026.
€ 874,870
▼ 61% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2.9 million
▼ 66 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1.7 million
▼ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -8.9 million.
People and assets in 2025
41.2
▲ 9.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.6 million
▲ 18% vs 2024
€ 87,800 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.
€ 88,814
▲ 10% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 176.2 million
▲ 10% vs 2024
€ 37.9 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 4.2 million
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 157 days on average.
€ 467,123
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 51,174,299 | € 61,457,602 | € 79,082,958 | € 90,846,131 | ▲ 15% |
| Profit after taxes | € 473,195 | € -2,800,901 | € -1,722,962 | € -2,852,899 | ▼ € 1.1 million |
| Equity | € 1,251,632 | € 1,450,731 | € 2,227,769 | € 874,870 | ▼ 61% |
| Total debts | € 116,270,653 | € 155,123,595 | € 164,953,014 | € 181,703,943 | ▲ 10% |
| Cash | € 2,546,341 | € 4,607,374 | € 2,729,939 | € 1,703,342 | ▼ 38% |
| Land & buildings | € 2 | € 2 | € 2 | € 8 | ▲ 300% |
| Retained profit | € -1,498,368 | € -4,299,269 | € -6,022,231 | € -8,875,130 | ▼ € 2.9 million |
| Bank debt | € 111,600,000 | € 100,167,972 | € 160,276,883 | € 176,206,514 | ▲ 10% |
| Balance sheet total | € 117,522,285 | € 156,574,326 | € 167,180,782 | € 182,578,813 | ▲ 9% |
| Employees (FTE) | 25.2 | 28.7 | 32.1 | 41.2 | ▲ 9.1 |
Key figures of GRENKE LEASE, 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 GRENKE LEASE?
What happened at GRENKE LEASE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2.9 million. filed late Source: NBB ↗
- Conradus AARNINK stepped down as director. NBB
- Conradus AARNINK became a director. NBB
- New establishment in Vilvoorde. KBO
- New establishment in Namur. KBO
- New establishment in Antwerpen. KBO
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
In short
From € 473,195 profit in 2022 to € 2.9 million loss in 2025.
Paid € 9,325 in corporate taxes since 2022.
Best year ever: 2022, with € 473,195 profit.
Pays suppliers within 157 days on average.
A new publication or filing at GRENKE LEASE? 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
The shares are held by GRENKE A.G. (100%) and GRENKE SERVICE A.G. (0%).
Directors
According to the 2025 annual accounts
Conradus AARNINK
Director
since 2020 · until 2026
Shareholders
GRENKE A.G.
100%
GRENKE SERVICE A.G.
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industrielaan 9
1070 Anderlecht
Ruisbroeksesteenweg 76
1180 Ukkel
Active since 3 June 2005
Generaal Lemanstraat 61 box 5
2018 Antwerpen
Active since 1 July 2013
Chaussée de Liège(EP) 654 box 2
5101 Namur
Active since 1 July 2016
Medialaan 32
1800 Vilvoorde
Active since 1 February 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 56 companies are registered at this address.
All companies at this address →Fédération des Oeuvres d'Enseignement Spécial du Brabant - Federatie der Instellingen van Speciaal onderwijs van Brabant
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€ 12.9 million revenue · 2025
+51 more
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
Self-hosted
Hosting
AMAZON-02 - Amazon.com, Inc., US
Website info
Features
Security
Network
Details
- Company number
- 0873.803.219
- VAT number
- BE 0873.803.219
- Registered office
- Industrielaan 9, 1070 Anderlecht
- Names & denominations
- GRENKE LEASE · GL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 May 2005
- Peppol
- Active · Active since 28 Apr 2026
- Contact
- grenke.be
- Activities · NACE
Verhuur en lease van kantoormachines, inclusief computers
Verhuur van kantoormachines en computers
Financiële lease
Ondersteunende activiteiten in verband met verzekeringen en pensioenfondsen, neg
Overige financiële dienstverlening, neg