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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Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
The GRIDLINK House from Kuurne, company number BE1001723750, closed financial year 2025 with a result of € -263,565 after tax. For that financial year The GRIDLINK House recorded a gross margin of € -27,016 and equity of € -479,774. Compared with financial year 2024, the result moved from € -216,210 to € -263,565. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ -479,774
▼ € 263,565 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -263,565
▼ 22 % more loss than in 2024
Profit after tax over the fiscal year.
€ 794
▼ 94% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -479,775.
Debts at end 2025
€ 3.4 million
▲ 2% vs 2024
€ 182,964 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 41,796
▲ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -15,138 | € -27,016 | ▼ € 11,878 |
| Profit after taxes | € -216,210 | € -263,565 | ▼ € 47,355 |
| Equity | € -216,209 | € -479,774 | ▼ € 263,565 |
| Total debts | € 4,250,763 | € 5,114,973 | ▲ 20% |
| Cash | € 13,561 | € 794 | ▼ 94% |
| Land & buildings | € 3,933,096 | € 3,933,096 | |
| Retained profit | € -216,210 | € -479,775 | ▼ € 263,565 |
| Bank debt | € 3,319,384 | € 3,394,565 | ▲ 2% |
| Balance sheet total | € 4,034,554 | € 4,635,199 | ▲ 15% |
Key figures of The GRIDLINK House, fiscal years 2024 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 The GRIDLINK House?
What happened at The GRIDLINK House in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 263,565. Source: NBB ↗
- Ludem BV became a director. NBB
- MARIMA BV became a director. NBB
- New establishment in Kuurne. KBO
- Start of the company according to the CBE. KBO
In short
From € 216,210 loss in 2024 to € 263,565 loss in 2025.
Management
The stake of SPARKI comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
The GRIDLINK HouseBehind The GRIDLINK House are Ludem BV and MARIMA BV. The shares are held by SPARKI (100%).
Directors
According to the 2025 annual accounts
Director · represented by Luc Demeyere
Also active at: ENBRO, CLEVER SOLUTIONS, SITHO, EARTH, YOLK, EARTH FINANCE, EARTH FINANCE BUSINESS, SUNFIN +5 more
since 2023
Director · represented by Stijn Rigolle
Also active at: ENBRO, CLEVER SOLUTIONS, SITHO, EARTH, YOLK, EARTH FINANCE, EARTH FINANCE BUSINESS, SUNFIN +5 more
since 2023
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Brugsesteenweg 77
8520 Kuurne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1001.723.750
- VAT number
- BE 1001.723.750
- Registered office
- Brugsesteenweg 77, 8520 Kuurne
- Names & denominations
- The GRIDLINK House
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 October 2023
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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