Financials
Financial year 2025
GRIP-FACTORY from Vilvoorde, company number BE0877445073, closed financial year 2025 with a result of € -10,884 after tax. For that financial year GRIP-FACTORY recorded a gross margin of € -6,297 and equity of € 58,228. Compared with financial year 2024, the result moved from € 15,404 to € -10,884. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ 58,228
▼ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10,884
▼ still € 15,404 profit in 2024
Profit after tax over the fiscal year.
€ 29,519
▼ 50% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 51,728.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,286
▼ 34% 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.
€ 19
Supplier invoices still open on the last day of the fiscal year.
€ 4,617
▼ 17% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 10,262 | € 8,752 | € 25,970 | € -6,297 | ▼ € 32,266 |
| Profit after taxes | € 4,714 | € 2,015 | € 15,404 | € -10,884 | ▼ € 26,288 |
| Equity | € 72,967 | € 63,227 | € 78,631 | € 58,228 | ▼ 26% |
| Total debts | € 21,058 | € 6,760 | € 5,596 | € 6,426 | ▲ 15% |
| Cash | € 70,088 | € 33,126 | € 58,919 | € 29,519 | ▼ 50% |
| Retained profit | € 66,467 | € 56,727 | € 72,131 | € 51,728 | ▼ 28% |
| Dividend | € 4,898 | € 11,755 | € 0 | € 9,519 | |
| Balance sheet total | € 94,026 | € 69,988 | € 84,227 | € 64,653 | ▼ 23% |
Key figures of GRIP-FACTORY, 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 GRIP-FACTORY?
What happened at GRIP-FACTORY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 10,884 (▼ € 26,288 vs 2024). filed late Source: NBB ↗
- JORIS VANDEZANDE became a director. NBB
- New establishment in Vilvoorde. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,714 profit in 2022 to € 10,884 loss in 2025.
Paid € 8,900 in corporate taxes since 2022.
Best year ever: 2024, with € 15,404 profit.
Paid out € 26,172 in dividends to the owners in total.
Management
Behind GRIP-FACTORY is JORIS VANDEZANDE.
Directors
According to the 2025 annual accounts
JORIS VANDEZANDE
Manager
since 2006
Establishments
Establishment units
Physical locations of this company
Mechelsesteenweg 41A box 1
1800 Vilvoorde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0877.445.073
- VAT number
- BE 0877.445.073
- Registered office
- Mechelsesteenweg 41A bus 1, 1800 Vilvoorde
- Names & denominations
- GRIP-FACTORY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 November 2005
- Peppol
- Active · Active since 13 Nov 2025
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