Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 2 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 20 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GreyCode from Lede, company number BE1013725125, closed financial year 2025 with a result of € -4,170 after tax. For that financial year GreyCode recorded a gross margin of € -3,348 and equity of € -809. Compared with financial year 2024, the result moved from € -1,639 to € -4,170. 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 April 21, 2026.
€ -809
▼ € 4,170 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,170
▼ 154 % more loss than in 2024
Profit after tax over the fiscal year.
€ 627
▼ 87% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -5,809.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 916
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -1,639 | € -3,348 | ▼ € 1,709 |
| Profit after taxes | € -1,639 | € -4,170 | ▼ € 2,531 |
| Equity | € 3,361 | € -809 | ▼ € 4,170 |
| Total debts | € 1,894 | € 3,930 | ▲ 108% |
| Cash | € 5,000 | € 627 | ▼ 87% |
| Retained profit | € -1,639 | € -5,809 | ▼ € 4,170 |
| Balance sheet total | € 5,255 | € 3,121 | ▼ 41% |
Key figures of GreyCode, fiscal years 2024 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to GreyCode?
What happened at GreyCode in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,170. Source: NBB ↗
- New establishment in Lede. KBO
- Tom Degryse became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,639 loss in 2024 to € 4,170 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
Directors
According to the 2025 annual accounts
Tom Degryse
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Oud-Smetlede 111
9340 Lede
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1013.725.125
- VAT number
- BE 1013.725.125
- Registered office
- Oud-Smetlede 111, 9340 Lede
- Names & denominations
- GreyCode
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 September 2024
- Peppol
- Active · Active since 28 Sept 2024
- Activities · NACE
Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten
Computerconsultancy-activiteiten
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Overige diensten op het gebied van informatietechnologie en computer
Overige dienstverlenende activiteiten op het gebied van informatie
Overige dienstverlenende activiteiten op het gebied van informatie, n.e. g.
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