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GRESHAM

Active
Private limited companyfounded 2004active for 21 yearsJules Vandenbemptlaan 65, 3001 Leuven, BelgiumKBO/BCE: BE 0870.459.588
Summary

GRESHAM has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€8,340) and a net result of €109,723. Equity has been growing by about 12% per year since 2018. Its solvency ranks better than 18% of 17,145 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 02-12-2004 Normal situation
Activity
Real estate agency activities NACE 68310and 3 others
Financial year end
31 December
Peppol
Reachable since 10-12-2025

Board and ownership

Board

Financial position

56 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Gross margin
€133,130
▼ 16.1%
Turnover
≈ €230,000
estimated
Profit
€109,723
▼ 9.0%
Equity
-€8,340
▲ 92.9%
Total assets
€467,223
▼ 8.4%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 24 days after the deadline
Score breakdownraises riskCapped at 59: negative equityNegative equity -€8,340No registered site in the KBOlowers riskSize: total assets €467,223Liquidity: current ratio 0.81, cash €222,952Show the evidence

Checked score

Score 2025
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 62% of micro companies in real estate (NACE 68)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Average
Solvency 23+21
equity -1.8% of total assets
Liquidity 50+45
short-term debt 99.7% · cash 47.7%
Profitability 98=
return on assets 23.5%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,630 companies, NACE 68, micro)
Last 24 months 12-2024: 1.5% 01-2025: 1.5%● unchanged vs 12-2024 02-2025: 1.5%● unchanged vs 01-2025 03-2025: 1.4%▼ -0.1 percentage points vs 02-2025 04-2025: 1.5%▲ +0.1 percentage points vs 03-2025 05-2025: 1.5%● unchanged vs 04-2025 06-2025: 1.4%▼ -0.1 percentage points vs 05-2025 07-2025: 1.6%▲ +0.2 percentage points vs 06-2025 08-2025: 2.0%▲ +0.4 percentage points vs 07-2025highest value 09-2025: 1.5%▼ -0.5 percentage points vs 08-2025 10-2025: 1.5%● unchanged vs 09-2025 11-2025: 0.6%▼ -0.9 percentage points vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.7%▲ +0.1 percentage points vs 04-2026 06-2026: 0.6%▼ -0.1 percentage points vs 05-2026 07-2026: 0.7%▲ +0.1 percentage points vs 06-2026 08-2026: 1.2%▲ +0.5 percentage points vs 07-2026 09-2026: 0.4%▼ -0.8 percentage points vs 08-2026lowest value 10-2026: 0.4%● unchanged vs 09-2026lowest value 11-2026: 0.4%● unchanged vs 10-2026lowest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.81 (0.77 in 2024), below 1. Short-term debt is 99.7% and cash 47.7% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 18% of them on solvency, 49% on liquidity, 90% on profitability and 91% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Negative equity -€8,340
NBB · annual accounts
lowers risk · Size: total assets €467,223
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · No registered site in the KBO
KBO · seat and establishments
lowers risk · Liquidity: current ratio 0.81, cash €222,952
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 17145 sector peers (2025).
NBB · sector comparison
Position among 17145 sector peers
Solvency
better than 18%
← weakest strongest →
raises risk · 2025 accounts filed 24 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
24 days late
2024
26 days late
2023
7 days early
2022
23 days late
2021
26 days late
2020
31 days late
2019
62 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 26 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, micro format

2025 annual accounts filed 24 days after the deadline Filed on 24 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00418851.

Annual accounts 2025 filed on 24-08-2026 at the NBB all 21 filings

Turnover
≈ €230,000
Estimated: probably between €190,000 and €360,000
Total assets
€467,223▼ 8.4%
2024 · €509,975
Net result
€109,723▼ 9.0%
2024 · €120,571
Working capital
-€86,973▲ 27.4%
2024 · -€119,789
Multi-year overview
2018 to 2025, 8 financial years
Operating result
€100,756
▼ 20.1% 2025
20182025
Net result
€109,723
▼ 9.0% 2025
highest quarter of the sector
20182025
Equity
-€8,340
▲ 92.9% 2025
lowest quarter of the sector
20182025
Total assets
€467,223
▼ 8.4% 2025
middle half of the sector
20182025
Debt
€475,563
▼ 24.3% 2025
20182025
Working capital
-€86,973
▲ 27.4% 2025
lowest quarter of the sector
20182025
Solvency
-1.8%
▲ 21.4pp 2025
lowest quarter of the sector
20182025
Current ratio
0.81
▲ 0.04 2025
middle half of the sector
20182025
Return on assets (ROA)
23.5%
▼ 0.2pp 2025
highest quarter of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€54,947--€30,539▲ 44.4%-€38,618▼ 26.5%-€40,958▼ 6.1%-€20,610▲ 49.7%€60,227€126,036▲ 109%€100,756▼ 20.1%
Net result-€65,380--€35,563▲ 45.6%-€42,825below the sector's middle half▼ 20.4%-€44,211below the sector's middle half▼ 3.2%-€23,958below the sector's middle half▲ 45.8%€52,315above the sector's middle half€120,571above the sector's middle half▲ 130%€109,723above the sector's middle half▼ 9.0%
Equity-€244,392--€279,956▼ 14.6%-€322,780below the sector's middle half▼ 15.3%-€366,991below the sector's middle half▼ 13.7%-€390,949below the sector's middle half▼ 6.5%-€238,634below the sector's middle half▲ 39.0%-€118,063below the sector's middle half▲ 50.5%-€8,340below the sector's middle half▲ 92.9%
Total assets€363,928-€279,956▼ 23.1%€243,478within the sector's middle half▼ 13.0%€234,109within the sector's middle half▼ 3.8%€171,845within the sector's middle half▼ 26.6%€317,879within the sector's middle half▲ 85.0%€509,975within the sector's middle half▲ 60.4%€467,223within the sector's middle half▼ 8.4%
Debt€608,320-€559,911▼ 8.0%€566,258▲ 1.1%€601,100▲ 6.2%€562,794▼ 6.4%€556,514▼ 1.1%€628,038▲ 12.9%€475,563▼ 24.3%
Working capital-€227,808--€277,886▼ 22.0%-€320,438below the sector's middle half▼ 15.3%-€379,273below the sector's middle half▼ 18.4%-€408,790below the sector's middle half▼ 7.8%-€232,596below the sector's middle half▲ 43.1%-€119,789below the sector's middle half▲ 48.5%-€86,973below the sector's middle half▲ 27.4%
Solvency-67.2%--100.0%▼ 32.8pp-132.6%below the sector's middle half▼ 32.6pp-156.8%below the sector's middle half▼ 24.2pp-227.5%below the sector's middle half▼ 70.7pp-75.1%below the sector's middle half▲ 152.4pp-23.2%below the sector's middle half▲ 51.9pp-1.8%below the sector's middle half▲ 21.4pp
Current ratio0.25-0.06▼ 0.190.05below the sector's middle half▼ 0.010.07below the sector's middle half▲ 0.030.00below the sector's middle half▼ 0.070.43within the sector's middle half▲ 0.430.77within the sector's middle half▲ 0.340.81within the sector's middle half▲ 0.04
Return on assets (ROA)-18.0%--12.7%▲ 5.3pp-17.6%below the sector's middle half▼ 4.9pp-18.9%below the sector's middle half▼ 1.3pp-13.9%below the sector's middle half▲ 4.9pp16.5%above the sector's middle half▲ 30.4pp23.6%above the sector's middle half▲ 7.2pp23.5%above the sector's middle half▼ 0.2pp
above within below The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is 20% lower than in 2024.

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €467,223
Fixed assets €88,556 ▼ 20.6%
Current assets €378,667 ▼ 5.0%
Equity and liabilities
Equity-€8,340
Debt€475,563
Equity is negative. Debt (€475,563) exceeds the balance-sheet total (€467,223).
Key figures and ratios
2025 value · change against 2024
EBITDA
€130,150▼
2024 · €155,212
Cash flow
€139,117▼
2024 · €149,747
Quick ratio
0.48▼
2024 · 0.77
Interest coverage
28.76▲
2024 · 28.40
Debt ≤ 1 year
€465,640▼
2024 · €518,255
Debt > 1 year
€9,923▼
2024 · €109,783
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€12,118---€6,442
Depreciation and write-downs of the year€35,449€31,658€31,137€29,176€29,394

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€509,975€467,223▼
Fixed assets21/28€111,509€88,556▼
Tangible fixed assets22/27€111,509€88,556▼
Land and buildings22€85,092€63,188▼
Plant, machinery and equipment23€18,100€18,100=
Furniture and vehicles24€7,601€6,791▼
Other tangible fixed assets26€715€477▼
Current assets29/58€398,466€378,667▼
Stocks and contracts in progress3-€155,715
Contracts in progress37-€155,715
Amounts receivable within one year40/41€379,552-
Trade receivables40€354,552-
Other amounts receivable41€25,000-
Cash at bank and in hand54/58€18,914€222,952▲
Equity and liabilities
Total equity and liabilities10/49€509,975€467,223▼
Equity10/15-€118,063-€8,340▲
Contributions10/11€118,600€118,600=
Reserves13€52,315€52,315=
Distributable reserves133€52,315€52,315=
Profit (loss) carried forward14-€288,978-€179,255▲
Amounts payable17/49€628,038€475,563▼
Amounts payable after more than one year17€109,783€9,923▼
Financial debts170/4€109,783€9,923▼
Amounts payable within one year42/48€518,255€465,640▼
Current portion of amounts payable after more than one year42€36,940€38,360▲
Trade debts44€92,823€48,654▼
Suppliers440/4€92,823€48,654▼
Taxes, remuneration and social security45€46,308€23,626▼
Taxes450/3€46,308€23,626▼
Other amounts payable47/48€342,184€355,001▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29,176€29,394▲
Other operating charges640/8€3,456€2,980▼
Gross operating margin9900€158,668€133,130▼
Operating profit (loss)9901€126,036€100,756▼
Financial income75/76B-€13,493
Recurring financial income75-€13,493
Financial charges65/66B€5,465€4,526▼
Recurring financial charges65€5,465€4,526▼
Profit (loss) for the period before taxes9903€120,571€109,723▼
Profit (loss) for the period9904€120,571€109,723▼
Profit (loss) for the period to be appropriated9905€120,571€109,723▼
Appropriation of the result
Profit (loss) to be appropriated9906-€288,978-€179,255▲
Profit (loss) brought forward from the previous period14P-€409,549-€288,978▲

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 24-08-2026.

Line20182019202020212022202320242025Change
Non-recurring operating income76A----€3,000----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40,168€34,851€34,851€35,449€31,658€31,137€29,176€29,394▲ 0.7%
Other operating charges640/8---€7,024€1,965€2,890€3,456€2,980▼ 13.8%
Gross operating margin9900€3,332€9,185€4,349€1,515€13,013€94,253€158,668€133,130▼ 16.1%
Operating profit (loss)9901-€54,947-€30,539-€38,618-€40,958-€20,610€60,227€126,036€100,756▼ 20.1%
Financial income75/76B---€262-€4-€13,493-
Recurring financial income75-€549€86€262-€4-€13,493-
Financial charges65/66B---€3,516€2,726€2,685€5,465€4,526▼ 17.2%
Recurring financial charges65€10,187€5,182€4,293€3,516€2,726€2,685€5,465€4,526▼ 17.2%
Profit (loss) for the period before taxes9903-€65,134-€35,172-€42,825-€44,211-€23,336€57,546€120,571€109,723▼ 9.0%
Income taxes67/77€246€392--€622€5,232---
Profit (loss) for the period9904-€65,380-€35,563-€42,825-€44,211-€23,958€52,315€120,571€109,723▼ 9.0%
Profit (loss) for the period to be appropriated9905-€65,380-€35,563-€42,825-€44,211-€23,958€52,315€120,571€109,723▼ 9.0%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€363,928€279,956€243,478€234,109€171,845€317,879€509,975€467,223▼ 8.4%
Fixed assets21/28€286,631€261,662€226,811€203,480€171,822€140,685€111,509€88,556▼ 20.6%
Tangible fixed assets22/27€286,631€261,662€226,811€203,480€171,822€140,685€111,509€88,556▼ 20.6%
Land and buildings22---€169,166€141,141€113,117€85,092€63,188▼ 25.7%
Plant, machinery and equipment23---€21,009€19,345€18,203€18,100€18,100=
Furniture and vehicles24---€10,401€9,406€8,411€7,601€6,791▼ 10.7%
Other tangible fixed assets26---€2,904€1,929€954€715€477▼ 33.3%
Current assets29/58€77,297€18,294€16,667€30,629€24€177,195€398,466€378,667▼ 5.0%
Stocks and contracts in progress3-------€155,715-
Contracts in progress37-------€155,715-
Amounts receivable within one year40/41€21,228€15,266€15,000€27,000-€123,897€379,552--
Trade receivables40---€27,000-€123,897€354,552--
Other amounts receivable41------€25,000--
Cash at bank and in hand54/58€53,892€1,290€1,373€3,629€24€53,298€18,914€222,952▲ 12×
Equity and liabilities
Total equity and liabilities10/49€363,928€279,956€243,478€234,109€171,845€317,879€509,975€467,223▼ 8.4%
Equity10/15-€244,392-€279,956-€322,780-€366,991-€390,949-€238,634-€118,063-€8,340▲ 92.9%
Contributions10/11€18,600€18,600-€18,600€18,600€118,600€118,600€118,600=
Reserves13-----€52,315€52,315€52,315=
Distributable reserves133-----€52,315€52,315€52,315=
Profit (loss) carried forward14-€262,992-€298,556-€341,380-€385,591-€409,549-€409,549-€288,978-€179,255▲ 38.0%
Amounts payable17/49€608,320€559,911€566,258€601,100€562,794€556,514€628,038€475,563▼ 24.3%
Amounts payable after more than one year17€303,215€263,731€229,153€191,198€153,980€146,722€109,783€9,923▼ 91.0%
Financial debts170/4---€128,780€91,980€146,722€109,783€9,923▼ 91.0%
Other amounts payable178/9---€62,418€62,000----
Amounts payable within one year42/48€305,105€296,180€337,104€409,902€408,814€409,791€518,255€465,640▼ 10.2%
Current portion of amounts payable after more than one year42---€37,956€39,546€23,267€36,940€38,360▲ 3.8%
Trade debts44€14,248€11,800€20,230€18,947€32,320€39,130€92,823€48,654▼ 47.6%
Suppliers440/4---€18,947€32,320€39,130€92,823€48,654▼ 47.6%
Taxes, remuneration and social security45---€633€3,759€11,464€46,308€23,626▼ 49.0%
Taxes450/3---€633€3,759€11,464€46,308€23,626▼ 49.0%
Other amounts payable47/48---€352,366€333,189€335,931€342,184€355,001▲ 3.7%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€65,380-€35,563-€42,825-€44,211-€23,958€52,315€120,571€109,723▼ 9.0%
+ Depreciation and write-downs630€40,168€34,851€34,851€35,449€31,658€31,137€29,176€29,394▲ 0.7%
Operating cash flow (approximation)-€25,212-€712-€7,973-€8,762€7,700€83,452€149,747€139,117▼ 7.1%
Investment in fixed assets (approximation)--€9,882€0-€12,118€0€0€0-€6,442-
Change in cash--€52,602€82€2,256-€3,605€53,274-€34,384€204,038-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 317 companies had the same profile as GRESHAM has now. Two years later, 91.8% were still going and 1.6% had gone bankrupt.

  • Small
  • 20 years or older
  • negative equity
  • a profit of 5% of the balance sheet or more
91.8% was still going
4.1% stopped otherwise
1.6% went bankrupt

Another 2.5% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of GRESHAM itself: 0.4% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 317 companies, not a prediction for GRESHAM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Latest 10 of 21 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 24-08-2026 2026-00418851 PDF
31-12-2024 micro format 26-08-2025 2025-00427224 PDF
31-12-2023 micro format 24-07-2024 2024-00289192 PDF
31-12-2022 micro format 23-08-2023 2023-00356893 PDF
31-12-2021 micro format 26-08-2022 2022-20328208 PDF
31-12-2020 micro format 31-08-2021 2021-63400581 PDF
31-12-2019 micro format 01-10-2020 2020-57800296 PDF
31-12-2018 micro format 29-08-2019 2019-56900466 PDF
31-12-2017 micro format 31-08-2018 2018-58900127 PDF
31-12-2016 micro format 30-08-2017 2017-55600489 PDF

Show all 21 filings

Board & ownership

Directors

Directors
1 director, last change in 2023
DE MULDER Lieven
Director · since 27-09-2023 · term without a fixed end · listed in the 2025 annual accounts, filed on 24-08-2026
Current

Owners and capital

Capital transactions

Capital over time
  1. 03-10-2023 Converted to unavailable equity

Mandate history

2 people, 1 in office
Show
  • Board
  • began earlier
  • end not dated
Mandates per person, with start and end dates
Name Functions and periods
DE MULDER Lieven
  • Director, appointed in the act of 03-10-2023, still in office
DE DONDER Jan
  • Manager, until 03-10-2023
  • Director, appointed in the act of 03-10-2023, no longer listed in the 2025 annual accounts
See the board, name and registered office on a given date →

Articles of association

Board ruleThese rules set how the board is made up, meets and takes decisions.
“Vaste of evenredige vergoeding, 13”
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Na aftrek van aandelen waarvan overdracht wordt voorgesteld, helft overdrager en helft koper(s) naar evenredigheid verworven aantal bij meer…”

Articles of association, deed of 03-10-2023 (in Dutch)

Network & group

GRESHAM shares no director with another company.

Companies at the same address

1 other company

Connections & network

1 current director
Depth

The network starts from the directors of GRESHAM. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
24-08
NBB filing Annual accounts 2025 filedNBB
micro format · 24 days late
2025
26-08
NBB filing Annual accounts 2024 filedPDF
micro format · 26 days late
2024
31-12
Financial Highest result from 2018 to 2025net €120,571 ▲130%
The operating result of €126,036 and the net result of €120,571 are both a record.
24-07
NBB filing Annual accounts 2023 filedPDF
micro format · 7 days before the deadline
2023
31-12
Financial Back to profitnet €52,315
The net result is €52,315, after 5 loss-making years.
03-10
Gazette deed Registered office moved to Leuven
Change of role: DE DONDER Jan, from manager to director · Appointment: DE MULDER Lieven (director) · Capital contribution19 points ▸
  • Capital contribution, €100,000, mentioned 2 times in the deed
  • Other provision, “afstand voorkeurrecht, de heer (...), voornoemd” (deed in Dutch)
  • Capital contribution, €45,000
  • Capital contribution, €55,000
  • Bank account, “Vennootschap, artikel 5:132 WVV” (deed in Dutch)
  • Amendment of the articles, 5
  • Director resignation, DE DONDER Jan (manager)
  • Director appointment, DE DONDER Jan (director)
  • Director appointment, DE MULDER Lieven (director)
  • Director discharge, DE DONDER Jan
  • Registered-office move, 3001 Leuven, Jules Vandenbemptlaan 65
  • Power of attorney
  • The act holds 7 more points.

Open the act in the Belgian Official Gazette

23-08
NBB filing Annual accounts 2022 filedPDF
micro format · 23 days late
2022
26-08
NBB filing Annual accounts 2021 filedPDF
micro format · 26 days late
2021
31-08
NBB filing Annual accounts 2020 filedPDF
micro format · 31 days late
2020
01-10
NBB filing Annual accounts 2019 filedPDF
micro format · 62 days late
2019
29-08
NBB filing Annual accounts 2018 filedPDF
micro format · 29 days late
2018
31-08
NBB filing Annual accounts 2017 filedPDF
micro format · 31 days late
2017
30-08
NBB filing Annual accounts 2016 filedPDF
micro format · 30 days late
2004
21-12
Gazette deed IncorporationPDF
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 2 December 2004, GRESHAM was incorporated.1 In 2023 the registered office moved to Leuven.2 Total assets went from €363,928 in 2018 to €467,223 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 03-10-2023
  3. 3National Bank, annual accounts 2018 and 2025

Company details

Register details

Identity

KBO record
Name GRESHAM in Dutch
Enterprise number 0870.459.588
Legal form Private limited company
Status Active, normale toestand
Founded 02-12-2004
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 03-10-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaamse Gewest, geen wijziging taalregime”
deed of 03-10-2023 (in Dutch)

Registered office and establishments

Registered office Jules Vandenbemptlaan 65, 3001 Leuven, Belgium

Activities

NACEBEL 2025
68310 Real estate agency activities main activity
68121 Development of residential building projects
70200 Business and other management consultancy
73200 Market research and public opinion polling
Codes under NACEBEL 2008
68311 Real estate activities main activity
41101 Real estate development
70220 Business consulting
73200 Advertising, market research and public relations activities
Codes under NACEBEL 2003
70311 main activity
70111
74131
74142
PurposeThe purpose describes the activities the company may carry out under its articles.
“Alle verrichtingen inzake onroerend goed,onder meer het aankopen,verkopen,ruilen,verkopen op…”
8 activities
  1. Alle verrichtingen inzake onroerend goed,onder meer het aankopen,verkopen,ruilen,verkopen op commissie,verhuren,bouwen,verbouwen,inrichten,beheren,exploiteren van onroerende goederen,het vestigen of vervreemden van onroerende zakelijke rechten,het uitvoeren of doen uitvoeren van alle infrastructuur en uitrustingswerken van gronden en gebouwen,van renovatie- of onderhoudswerken
  2. Projectontwikkeling onder meer voor woningbouw,nieuwbouw van individuele woningen of voor renovatiewerken,de bouw van appartementsgebouwen,kantoorbouw,infrastructuurwerken,de bouw of de aanleg van:commerciële,en industriële centra,hotels,industriezones en markten,jachthavens,autowegen,wintersportcentra enzovoort,de aanleg of renovatie van stadswijken,grondverkaveling
  3. De activiteiten van een markt en opinieonderzoekbureau,onder meer het onderzoek naar de omvang van de markt voor bepaalde producten,de ontvangst en de bekendheid van producten en koopgewoonten,met het oog op de verkoopbevordering en de ontwikkeling van nieuwe produkten
  4. De statistische analyses van de resultaten van het onderzoek,de organisatie van opiniepeilingen
  5. Studie,adviesverlening,expertise,engineering en elke dienstverlening in het kader van hiervoor beschreven activiteiten
  6. Alle mogelijke commerciële,industriële,financiële,roerende of onroerende verrichtingen die direct of indirect verband houden met voorwerp of verwezenlijking en ontwikkeling bevorderen
  7. Deelneming in alle vennootschappen,verenigingen en ondernemingen in België en buitenland bij wijze van inbreng,inschrijving,overdracht,deelneming,fusie,financiële tussenkomst of anderszins en uitoefening functies van bestuurder of vereffenaar in andere vennootschappen
  8. Waarborg met patrimonium voor eigen verbintenissen en verbintenissen van derden
deed of 03-10-2023 (in Dutch)

Invoicing and payment

VAT number BE 0870.459.588
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0870459588
Other Peppol ID 9925:BE0870459588
Registered 10-12-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 2 November 2026 · Peppol Directory

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0870.459.588

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
15 June at 18:00
deed of 03-10-2023 (in Dutch)

Sites & property

Location
exact location from the address register On OpenStreetMap
2 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
1,358 m²
Building footprint
247 m²
Building volume
3,317 m³
Cadastral parcel Region Area Buildings Height / floors
24434F0247/00Z014 Flanders 1,358 m² 1 · 247 m² 18.6 m · 5