Financials
Financial year 2025
Grid Parity Concepts Europe from Tielt, company number BE0877177730, closed financial year 2025 with a result of € 890,217 after tax. For that financial year Grid Parity Concepts Europe recorded revenue of € 66.3 million and equity of € 17 million. Compared with financial year 2024, the result moved from € 2.4 million to € 890,217. 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 March 31, 2026.
€ 17 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 890,217
▼ 62% vs 2024
Profit after tax over the fiscal year.
€ 192
▼ € 400,480 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 € 17 million.
People and assets in 2025
13.6
▼ 4.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 970,423
▼ 21% vs 2024
€ 71,400 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.
€ 63,961
▼ 39% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 10.1 million
▼ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 57 days on average.
€ 595,917
▲ 119% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 50,249,514 | € 130,348,328 | € 71,217,055 | € 66,312,596 | ▼ 7% |
| Profit after taxes | € 5,208,657 | € 11,543,207 | € 2,358,497 | € 890,217 | ▼ 62% |
| Equity | € 12,237,372 | € 13,780,578 | € 16,139,075 | € 17,029,292 | ▲ 6% |
| Total debts | € 8,097,382 | € 24,351,768 | € 11,806,489 | € 10,734,628 | ▼ 9% |
| Cash | € 134,985 | € 94,906 | € 400,672 | € 192 | ▼ € 400,480 |
| Retained profit | € 12,207,372 | € 13,750,578 | € 16,109,075 | € 16,999,292 | ▲ 6% |
| Dividend | € 91,807 | € 10,000,000 | € 0 | € 0 | |
| Balance sheet total | € 20,334,753 | € 38,132,347 | € 27,945,564 | € 27,763,921 | ▼ 1% |
| Employees (FTE) | 8.7 | 13.9 | 17.9 | 13.6 | ▼ 4.3 |
Key figures of Grid Parity Concepts Europe, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Grid Parity Concepts Europe?
What happened at Grid Parity Concepts Europe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 890,217 (▼ 62% vs 2024). filed late Source: NBB ↗
- Artas BV became a director. NBB
- G&D Group BV became a director. NBB
- 3S Management became a director. NBB
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 5.2 million profit in 2022 to € 890,217 profit in 2025.
Paid € 6.4 million in corporate taxes since 2022.
Best year ever: 2023, with € 11.5 million profit.
Paid out € 10.1 million in dividends to the owners in total.
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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 stake of 3S MANAGEMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Grid Parity Concepts EuropeBehind Grid Parity Concepts Europe are Artas BV, G&D Group BV and 3S Management. The shares are held by GREEN AND DURABLE GROUP BV (100%) and 3S MANAGEMENT (10%).
Directors
According to the 2025 annual accounts
Director · represented by Martijn Wanten
Also active at: De Kegel Energie, Sun Calor, Climabel, VERBOVEN, Delrivière-Maes, WANTEN, Immo Ellikom, Immo Ten Eikenen +30 more
since 2024
Director · represented by Dennis Edey
Also active at: Green and Durable Energy, ECOWORLD, ADS Invest, Durable Services, NTJ Invest, Energreen Solutions, Consult Strat, APS Invest
since 2024
since 2018
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Careelstraat 2
8700 Tielt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0877.177.730
- VAT number
- BE 0877.177.730
- Registered office
- Careelstraat 2, 8700 Tielt
- Names & denominations
- Grid Parity Concepts Europe · GPC Europe
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 November 2005
- Peppol
- Active · Active since 7 Jan 2026
- Activities · NACE
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