Summary
Grimhild is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €8.7m and a net result of -€263,286. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 69% of 2413 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
20 d early
2024
33 d early
2023
6 d early
2022
14 d early
2021
13 d early
2020
42 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 21 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
On 15 December 2015, Grimhild was incorporated by Wall & Waltz and Carlos HERMAN, with a starting capital of EUR 950,000.12 The capital was increased 5 times between 2016 and 2024, most recently to EUR 7.8 million.345 Of the 7 current board members, Wall & Waltz has served longest, since 2015.6 Total assets went from EUR 12 million in 2019 to EUR 11 million in 2025.7
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What changed in the latest annual accounts?What changed What held for this company on a given day: board, seat, name?Company as of a date
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
In the rankings
#6 company by equity in Lier, Finance and insurance sector
Equity
€8.7m▼ 2.9%
2024 · €9.0m
Net result
-€263,286▼ 49.6%
2024 · -€176,024
Total assets
€10.8m▼ 19.6%
2024 · €13.5m
Solvency
80.6%▲ 13.9pp
2024 · 66.7%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420242025
Turnover€960,305▲ 7.2%€821,872▼ 14.4%€1.3m▲ 55.6%€781,338-€574,673▼ 26.5%
Operating result€4,980▼ 92.2%€113,958▲ 2,188%€124,375▲ 9.1%€63,027--€135,742
Net result-€219,030below the sector's middle half▼ 35.7%-€105,485below the sector's middle half▲ 51.8%-€93,516below the sector's middle half▲ 11.3%-€176,024below the sector's middle half--€263,286below the sector's middle half▼ 49.6%
Equity€8.3mwithin the sector's middle half▼ 1.6%€8.2mwithin the sector's middle half▼ 1.3%€8.1mwithin the sector's middle half▼ 1.1%€9.0mwithin the sector's middle half-€8.7mwithin the sector's middle half▼ 2.9%
Total assets€12.4mwithin the sector's middle half▲ 0.6%€12.2mwithin the sector's middle half▼ 1.3%€13.5mwithin the sector's middle half▲ 10.6%€13.5mwithin the sector's middle half-€10.8mwithin the sector's middle half▼ 19.6%
Debt€4.0m▲ 5.4%€4.0m▼ 1.4%€5.4m▲ 34.8%€4.5m-€2.1m▼ 53.1%
Working capital€2.3m▼ 1.1%€2.4m▲ 1.6%€2.4m=€3.6m-€1.0m▼ 71.2%
Solvency67.3%within the sector's middle half▼ 1.5pp67.4%within the sector's middle half=60.2%within the sector's middle half▼ 7.1pp66.7%within the sector's middle half-80.6%within the sector's middle half▲ 13.9pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.8m
Fixed assets
€9.8m =
Current assets
€1.1m ▼ 71.2%
Equity and liabilities €10.8m
Equity
€8.7m ▼ 2.9%
Debt
€2.1m ▼ 53.1%
Debt's share of the balance-sheet total falls from 33.3% to 19.4%. Equity and debt are lower.
Key figures and ratios
ROE
-3.0%▼
2024 · -2.0%
ROA
-2.4%▼
2024 · -1.3%
Debt ≤ 1 year
€48,209▼
2024 · €163,839
Debt > 1 year
€1.8m▼
2024 · €4.2m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €960,305 | €960,757 | €1.3m | €820,754 | €628,515 | ▼ 23.4% |
| Turnover70 | €960,305 | €821,872 | €1.3m | €781,338 | €574,673 | ▼ 26.5% |
| Other operating income74 | - | €80,750 | - | €39,417 | - | - |
| Non-recurring operating income76A | - | €58,136 | €64,151 | - | €53,842 | - |
| Operating charges60/66A | €955,326 | €846,800 | €1.2m | €757,727 | €764,257 | ▲ 0.9% |
| Services and other goods61 | €929,237 | €764,928 | €1.2m | €727,895 | €763,018 | ▲ 4.8% |
| Other operating charges640/8 | €1,088 | €81,871 | €1,198 | €118 | €1,239 | ▲ 950% |
| Non-recurring operating charges66A | €25,000 | - | €33,988 | €29,715 | - | - |
| Operating profit (loss)9901 | €4,980 | €113,958 | €124,375 | €63,027 | -€135,742 | ▼ 315% |
| Financial income75/76B | €46,984 | €120,113 | €230,725 | €111,736 | €86,333 | ▼ 22.7% |
| Recurring financial income75 | €46,984 | €120,113 | €230,725 | €111,736 | €86,333 | ▼ 22.7% |
| Income from current assets751 | €46,984 | €120,113 | €230,725 | €111,736 | €86,333 | ▼ 22.7% |
| Financial charges65/66B | €270,994 | €339,556 | €448,615 | €350,787 | €213,877 | ▼ 39.0% |
| Recurring financial charges65 | €270,994 | €339,556 | €448,615 | €284,787 | €213,877 | ▼ 24.9% |
| Debt charges650 | €265,230 | €336,652 | €445,370 | €284,308 | €213,877 | ▼ 24.8% |
| Other financial charges652/9 | €5,764 | €2,903 | €3,246 | €479 | - | - |
| Non-recurring financial charges66B | - | - | - | €66,000 | - | - |
| Profit (loss) for the period before taxes9903 | -€219,030 | -€105,485 | -€93,516 | -€176,024 | -€263,286 | ▼ 49.6% |
| Profit (loss) for the period9904 | -€219,030 | -€105,485 | -€93,516 | -€176,024 | -€263,286 | ▼ 49.6% |
| Profit (loss) for the period to be appropriated9905 | -€219,030 | -€105,485 | -€93,516 | -€176,024 | -€263,286 | ▼ 49.6% |
| Line | 2022 | 2023 | 2024 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €12.4m | €12.2m | €13.5m | €13.5m | €10.8m | ▼ 19.6% |
| Fixed assets21/28 | €9.8m | €9.8m | €9.8m | €9.8m | €9.8m | = |
| Financial fixed assets28 | €9.8m | €9.8m | €9.8m | €9.8m | €9.8m | = |
| Affiliated companies280/1 | €9.8m | €9.8m | €9.8m | €9.8m | €9.8m | = |
| Participating interests280 | €9.8m | €9.8m | €9.8m | €9.8m | €9.8m | = |
| Current assets29/58 | €2.6m | €2.5m | €3.8m | €3.7m | €1.1m | ▼ 71.2% |
| Amounts receivable after more than one year29 | €325,292 | €340,500 | €355,750 | €300,000 | €300,000 | = |
| Other amounts receivable291 | €325,292 | €340,500 | €355,750 | €300,000 | €300,000 | = |
| Amounts receivable within one year40/41 | €1.6m | €1.6m | €3.2m | €2.8m | €672,806 | ▼ 75.7% |
| Other amounts receivable41 | €1.6m | €1.6m | €3.2m | €2.8m | €672,806 | ▼ 75.7% |
| Cash at bank and in hand54/58 | €741,311 | €531,347 | €178,677 | €581,589 | €8,381 | ▼ 98.6% |
| Deferred charges and accrued income490/1 | - | €496 | €4,916 | €72,018 | €90,552 | ▲ 25.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €12.4m | €12.2m | €13.5m | €13.5m | €10.8m | ▼ 19.6% |
| Equity10/15 | €8.3m | €8.2m | €8.1m | €9.0m | €8.7m | ▼ 2.9% |
| Contributions10/11 | €9.5m | €9.5m | €9.5m | €10.0m | €10.0m | = |
| Capital10 | €7.3m | €7.3m | €7.3m | €7.8m | €7.8m | = |
| Issued capital100 | €7.5m | €7.5m | €7.5m | €7.8m | €7.8m | = |
| Uncalled capital101 | €134,991 | €134,991 | €134,991 | - | - | - |
| Outside capital11 | €2.2m | €2.2m | €2.2m | €2.2m | €2.2m | = |
| Share premium1100/10 | €2.2m | €2.2m | €2.2m | €2.2m | €2.2m | = |
| Reserves13 | - | - | - | €529,770 | €529,770 | = |
| Non-distributable reserves130/1 | - | - | - | €529,770 | €529,770 | = |
| Reserves not available under the articles1311 | - | - | - | €529,770 | €529,770 | = |
| Profit (loss) carried forward14 | -€1.2m | -€1.3m | -€1.4m | -€1.5m | -€1.8m | ▼ 17.0% |
| Amounts payable17/49 | €4.0m | €4.0m | €5.4m | €4.5m | €2.1m | ▼ 53.1% |
| Amounts payable after more than one year17 | €3.7m | €3.8m | €3.9m | €4.2m | €1.8m | ▼ 56.6% |
| Financial debts170/4 | €3.7m | €3.8m | €3.9m | €4.2m | €1.8m | ▼ 56.6% |
| Subordinated loans170 | €2.7m | €2.8m | €3.0m | - | - | - |
| Credit institutions173 | €1.0m | €1.0m | €920,000 | - | - | - |
| Other loans174 | - | - | - | €4.2m | €1.8m | ▼ 56.6% |
| Amounts payable within one year42/48 | €281,028 | €82,627 | €1.4m | €163,839 | €48,209 | ▼ 70.6% |
| Current portion of amounts payable after more than one year42 | - | - | €1.1m | - | - | - |
| Trade debts44 | €281,026 | €82,627 | €296,773 | €163,839 | €48,209 | ▼ 70.6% |
| Suppliers440/4 | €281,026 | €82,627 | €296,773 | €163,839 | €48,209 | ▼ 70.6% |
| Other amounts payable47/48 | €3 | - | - | - | - | - |
| Accrued charges and deferred income492/3 | €43,694 | €71,422 | €96,853 | €75,828 | €213,498 | ▲ 182% |
| Line | 2022 | 2023 | 2024 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€219,030 | -€105,485 | -€93,516 | -€176,024 | -€263,286 | ▼ 49.6% |
| Operating cash flow (approximation) | -€219,030 | -€105,485 | -€93,516 | -€176,024 | -€263,286 | ▼ 49.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | €0 | - |
| Change in cash | - | -€209,964 | -€352,670 | - | -€573,208 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet -€263,286
Net result drops to -€263,286, the lowest in the series.
17-11
State Gazette act
Appointment: Ernst en Young Bedrijfsrevisoren (statutory auditor)Permanent representative: Ömer Turna3 facts ▸
State Gazette act
Appointment: Ernst en Young Bedrijfsrevisoren (statutory auditor)
Permanent representative: Ömer Turna3 facts ▸
- General meeting, 02-10-2025
- Auditor appointment, Ernst en Young Bedrijfsrevisoren (statutory auditor)
- Permanent representative, Ömer Turna
05-11
State Gazette act
Statutes amendmentCapital3 facts ▸
State Gazette act
Statutes amendment
Capital3 facts ▸
- General meeting, 24-10-2025
- Statutes amendment
- Capital, €7.825.083
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
12-06
State Gazette act
Resignation: De Lathouwer Sofie BV (director)Permanent representative: Sofie De Lathouwer · Power of attorney6 facts ▸
State Gazette act
Resignation: De Lathouwer Sofie BV (director)
Permanent representative: Sofie De Lathouwer · Power of attorney6 facts ▸
- General meeting, 12-03-2025
- Director resignation, De Lathouwer Sofie BV (director)
- Permanent representative, Sofie De Lathouwer
- Power of attorney, Luc Germonpré
- Power of attorney, Chaima Qnioun
- Power of attorney, Maxine Daems
01-04
State Gazette act
Resignation: Gabriel Cravero (director)Appointment: Armando Santacesaria (director) · Mandate compensation4 facts ▸
State Gazette act
Resignation: Gabriel Cravero (director)
Appointment: Armando Santacesaria (director) · Mandate compensation4 facts ▸
- General meeting, 09-01-2025
- Director resignation, Gabriel Cravero (director)
- Director appointment, Armando Santacesaria (director)
- Mandate compensation, Armando Santacesaria
2024
31-12
Financial
Liquidity times 8current ratio 22.70
Current ratio from 2.73 to 22.70; short-term debt falls from €1.4m to €163,839.
29-11
State Gazette act
Statutes amendment3 facts ▸
State Gazette act
Statutes amendment
3 facts ▸
- General meeting, 21-11-2024
- Statutes amendment, Artikel 36
- Statutes amendment, Artikel 28
13-11
State Gazette act
Resignations: SUMACO BEHEER CV, Down2Earth Capital NV and 2 othersAppointments: Jacques Abeille, Gabriel Cravero and De Lathouwer Sofie BV · Permanent representatives: Sofie De Lathouwer, Ivo Marechal and 3 others16 facts ▸
State Gazette act
Resignations: SUMACO BEHEER CV, Down2Earth Capital NV and 2 others
Appointments: Jacques Abeille, Gabriel Cravero and De Lathouwer Sofie BV · Permanent representatives: Sofie De Lathouwer, Ivo Marechal and 3 others16 facts ▸
- General meeting, 18-10-2024
- Director resignation, SUMACO BEHEER CV (director)
- Director resignation, Down2Earth Capital NV (director)
- Director resignation, Wall & Waltz BV (director)
- Director resignation, L/L plus BV (director)
- Director appointment, Jacques Abeille (director)
- Director appointment, Gabriel Cravero (director)
- Director appointment, De Lathouwer Sofie BV (director)
- Permanent representative, Sofie De Lathouwer
- Board composition, Jacques Abeille (director)
- Board composition, Gabriel Cravero (director)
- Board composition, De Lathouwer Sofie BV (director)
- +4 further facts in this act
28-10
State Gazette act
Statutes amendment · MiscellaneousShare issue · Rights lapsed · Reserve account5 facts ▸
State Gazette act
Statutes amendment · Miscellaneous
Share issue · Rights lapsed · Reserve account5 facts ▸
- Board meeting
- Share issue, winstbewijzen, 79083
- Statutes amendment
- Rights lapsed, overige inschrijvingsrechten zijn vervallen
- Reserve account, intekenprijs geboekt op bijzondere reserverekening, waarborg van derden gelijk aan kapitaal, beschikking slechts onder voorwaarden kapitaalvermindering (behalve…
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
Show earlier events
08-08
State Gazette act
Capital & shares · Statutes amendmentApproval · Capital increase · Share issue6 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Approval · Capital increase · Share issue6 facts ▸
- General meeting, 26-07-2024
- Approval
- Capital increase, €362.950
- Share issue, 72064, inbreng in natura
- Statutes amendment
- Capital, €7.825.083
2023
24-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
02-06
State Gazette act
Appointment: Moore Audit BV (statutory auditor)Permanent representative: Dirk Willems3 facts ▸
State Gazette act
Appointment: Moore Audit BV (statutory auditor)
Permanent representative: Dirk Willems3 facts ▸
- General meeting, 31-10-2022
- Auditor appointment, Moore Audit BV
- Permanent representative, Dirk Willems
30-04
Financial
Liquidity triplescurrent ratio 29.74
Current ratio from 9.32 to 29.74; short-term debt falls from €281,028 to €82,627.
2022
16-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
05-04
State Gazette act
Statutes amendment · MiscellaneousApproval · Share issue · Power of attorney4 facts ▸
State Gazette act
Statutes amendment · Miscellaneous
Approval · Share issue · Power of attorney4 facts ▸
- General meeting, 14-03-2022
- Approval, 14-03-2022
- Share issue, Inschrijvingsrechten op Winstbewijzen Klasse C Plan 2022, 100000
- Power of attorney, bestuursorgaan
2021
17-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
29-01
State Gazette act
Resignations: PEETERS Lieselot (director) and Down2EarthCapital (director)Permanent representatives: KLOECK Peter, MARECHAL Ivo and 2 others · Appointments: SUMACO Beheer, L/L Plus and Wall & Waltz · Reappointments: Down2EarthCapital (director) and MOORE AUDIT BV (statutory auditor)16 facts ▸
State Gazette act
Resignations: PEETERS Lieselot (director) and Down2EarthCapital (director)
Permanent representatives: KLOECK Peter, MARECHAL Ivo and 2 others · Appointments: SUMACO Beheer, L/L Plus and Wall & Waltz · Reappointments: Down2EarthCapital (director) and MOORE AUDIT BV (statutory auditor)16 facts ▸
- General meeting, 21-01-2021
- Statutes amendment
- Capital, €7.462.133
- Share classes, 746213
- Director resignation, PEETERS Lieselot (director)
- Director resignation, Down2EarthCapital (director)
- Permanent representative, KLOECK Peter
- Director appointment, SUMACO Beheer (director)
- Permanent representative, MARECHAL Ivo
- Director appointment, L/L Plus (director)
- Permanent representative, LAMBAE-RE Lieven August C.
- Director appointment, Wall & Waltz (director)
- +4 further facts in this act
2020
19-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
07-02
State Gazette act
Capital & shares · Statutes amendmentCapital increase · Bank account · Capital5 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Capital increase · Bank account · Capital5 facts ▸
- General meeting
- Capital increase, €1.620.000
- Bank account, KBC Bank, 1500000.00
- Capital, €7.462.133
- Statutes amendment, 5.2
2019
21-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
15-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 166 days late
2018
14-02
State Gazette act
Algemene Vergadering - BoekjaarStatutes amendment3 facts ▸
State Gazette act
Algemene Vergadering - Boekjaar
Statutes amendment3 facts ▸
- General meeting, 24-01-2018
- Statutes amendment
- Statutes amendment
2017
25-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
31-07
State Gazette act
Resignations: IGNITE (director) and Wouter Joanna Verlinden (permanent representative)Appointment: Lieselot Roelfke Peeters (director) · Approval · Capital increase14 facts ▸
State Gazette act
Resignations: IGNITE (director) and Wouter Joanna Verlinden (permanent representative)
Appointment: Lieselot Roelfke Peeters (director) · Approval · Capital increase14 facts ▸
- General meeting, 29-06-2017
- Approval, verslag van de raad van bestuur en het verslag van de bedrijfsrevisor
- Capital increase, €292.110
- Share issue, C, 15920
- Share issue, C, 12257
- Share issue, C, 861
- Share issue, C, 77
- Share issue, C, 68
- Share issue, C, 28
- Capital, €5.842.133
- Director resignation, IGNITE (director)
- Director resignation, Wouter Joanna Verlinden (permanent representative)
- +2 further facts in this act
04-07
State Gazette act
Appointment: Moore Stephens Audit BV CVBA (statutory auditor)Permanent representatives: Peter Verschelden and Eddy Walraevens4 facts ▸
State Gazette act
Appointment: Moore Stephens Audit BV CVBA (statutory auditor)
Permanent representatives: Peter Verschelden and Eddy Walraevens4 facts ▸
- General meeting, 20-12-2016
- Auditor appointment, Moore Stephens Audit BV CVBA
- Permanent representative, Peter Verschelden
- Permanent representative, Eddy Walraevens
2016
29-11
State Gazette act
Capital & shares · Statutes amendmentShare issue · Capital increase · Capital6 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Share issue · Capital increase · Capital6 facts ▸
- General meeting, 28-10-2016
- Share issue, gratis uitgifte, 108000
- Capital increase, €394.040
- Capital, €5.550.023
- Statutes amendment
- Power of attorney, Grimhild
15-01
State Gazette act
Permanent representative: Eddy Walraevens2 facts ▸
State Gazette act
Permanent representative: Eddy Walraevens
2 facts ▸
- General meeting, 23-12-2015
- Permanent representative, Eddy Walraevens
15-01
State Gazette act
Appointment: Wall & Waltz BVBA (managing director)Permanent representative: Eddy Walraevens · Power of attorney4 facts ▸
State Gazette act
Appointment: Wall & Waltz BVBA (managing director)
Permanent representative: Eddy Walraevens · Power of attorney4 facts ▸
- Board meeting, 23-12-2015
- Director appointment, Wall & Waltz BVBA (managing director)
- Permanent representative, Eddy Walraevens
- Power of attorney, Wall & Waltz BVBA
13-01
State Gazette act
Resignation: Carlos HERMAN (director)Appointments: Wall & Waltz, Ignite and Down2Earth Capital · Permanent representatives: VERLINDEN Wouter Joanna, Manzel and KLOECK Peter Paul Godelieve Corneel · Capital increase10 facts ▸
State Gazette act
Resignation: Carlos HERMAN (director)
Appointments: Wall & Waltz, Ignite and Down2Earth Capital · Permanent representatives: VERLINDEN Wouter Joanna, Manzel and KLOECK Peter Paul Godelieve Corneel · Capital increase10 facts ▸
- General meeting, 18/12/2015
- Capital increase, €4.205.983
- Statutes amendment
- Director resignation, Carlos HERMAN (director)
- Director appointment, Wall & Waltz (director)
- Director appointment, Ignite (director)
- Permanent representative, VERLINDEN Wouter Joanna
- Director appointment, Down2Earth Capital (director)
- Permanent representative, Manzel
- Permanent representative, KLOECK Peter Paul Godelieve Corneel
2015
17-12
State Gazette act
IncorporationAppointments: Wall & Waltz (director) and Carlos HERMAN (director) · Permanent representatives: WALRAEVENS Eddy Héron and HERMAN Carlos Marie Jules Ghislain · Founder13 facts ▸
State Gazette act
Incorporation
Appointments: Wall & Waltz (director) and Carlos HERMAN (director) · Permanent representatives: WALRAEVENS Eddy Héron and HERMAN Carlos Marie Jules Ghislain · Founder13 facts ▸
- Incorporation, 11-12-2015
- Founder, Wall & Waltz
- Founder, Carlos HERMAN
- Founding capital, €950.000
- Bank account, KBC bank
- Director appointment, Wall & Waltz (director)
- Director appointment, Carlos HERMAN (director)
- Permanent representative, WALRAEVENS Eddy Héron
- Permanent representative, HERMAN Carlos Marie Jules Ghislain
- Mandate compensation, Wall & Waltz
- Mandate compensation, Carlos HERMAN
- Power of attorney, B-DOCS
- +1 further facts in this act
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
20 of 20 acts read
Directors · office · real estate
Directors
8 directors, no change since 2025
Board 8
Wall & Waltz
CurrentDirector · since 11-12-2015 · Private limited company · perm. rep.: WALRAEVENS Eddy Héron
Down2Earth Capital
CurrentDirector · since 21-01-2021 · Public limited company · perm. rep.: KLOECK Peter
L/L plus
CurrentDirector · since 21-01-2021 · Private limited company · perm. rep.: LAMBAE-RE Lieven August C.
SUMACO BEHEER
CurrentDirector · since 21-01-2021 · Coöperatieve vennootschap met beperkte aansprakelijkheid · perm. rep.: MARECHAL Ivo
De Lathouwer Sofie
CurrentDirector · since 18-10-2024 · Private limited company · perm. rep.: Sofie De Lathouwer
Jacques Abeille
CurrentDirector · since 18-10-2024
Armando Santacesaria
CurrentDirector · since 09-01-2025
Down2EarthCapital
CurrentDirector · Legal entity · from a recent act
1 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Woverlin
Not recently confirmedDirector · since 18-12-2015 · Legal entity · perm. rep.: VERLINDEN Wouter Joanna
Day-to-day management 1
Wall & Waltz BVBA
Not recently confirmedManaging director · since 23-12-2015 · Legal entity · perm. rep.: Eddy Walraevens
Permanent representatives 5
WALRAEVENS Eddy Héron
CurrentPermanent representative · since 11-12-2015 · for Wall & Waltz
KLOECK Peter
CurrentPermanent representative · since 21-01-2021 · for Down2Earth Capital
LAMBAE-RE Lieven August C.
CurrentPermanent representative · since 21-01-2021 · for L/L plus
MARECHAL Ivo
CurrentPermanent representative · since 21-01-2021 · for SUMACO BEHEER
Sofie De Lathouwer
CurrentPermanent representative · since 18-10-2024 · for De Lathouwer Sofie
1 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
VERLINDEN Wouter Joanna
Not recently confirmedPermanent representative · since 18-12-2015 · for Woverlin
Statutory auditor 1
Ernst et Young Reviseurs d'Entreprises
CurrentStatutory auditor · since 02-10-2025 · perm. rep.: Ömer Turna
"From a recent act": read from a Gazette act not yet processed into our list of directors.
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Location & real-estate footprint
Registered office, Lier · 1 establishment unit since 2015
Ground area
1.9 ha
Building footprint
1.3 ha
Volume, LiDAR
83,865 m³
Parcel 12392A0437/00F000, Flanders · tallest building 22.0 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Grimhild
since 20152.251.852.921
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12392A0437/00F000 | Flanders | 1.9 ha | 1 · 1.3 ha | 22.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
21 people since 2015, 11 in office
- Board
- Day-to-day management
- Permanent representative
- Statutory auditor
- not recently confirmed
- began earlier
| Name | Functions and periods |
|---|---|
| Wall & Waltz |
|
| Down2Earth Capital |
|
| L/L plus |
|
| SUMACO BEHEER |
|
| Down2EarthCapitalfrom an act |
|
| De Lathouwer Sofie |
|
| Jacques Abeille |
|
| Armando Santacesaria |
|
| Ernst et Young Reviseurs d'Entreprises |
|
| Woverlin |
|
| Wall & Waltz BVBA |
|
| Moore Audit |
|
| De Lathouwer Sofie BV |
|
| Gabriel Cravero |
|
| Down2Earth Capital NV |
|
| L/L Plus BV |
|
| SUMACO BEHEER CV |
|
| Wall & Waltz BV |
|
| PEETERS Lieselot |
|
| Wouter Joanna Verlinden |
|
| CARLOS HERMAN |
|
Articles of association
Purpose
1. het oprichten van, het deelnemen in publieke of private inrichtingen, vennootschappen of ondernemingen...; 2. het voeren van beheer over, het uitoefenen van de functie van…
Full purpose
1. het oprichten van, het deelnemen in publieke of private inrichtingen, vennootschappen of ondernemingen...; 2. het voeren van beheer over, het uitoefenen van de functie van bestuurder of vereffenaar en het verstrekken van adviezen...; 3. het aankopen, het verkopen, het bouwen, het verhuren, het uitbaten, het beheren, het valoriseren, het verkavelen en handel drijven in alle onroerende goederen...; 4. het uitvoeren van alle financiële verrichtingen...
Structure & network
Owners and holdings
1 owner · 1 holding · 4 subsidiaries in the treeChain of control
- Natra Spread SLES
- NATRA CHOCOLATE BELGIUM
- Grimhild
Highest known parent: Natra Spread SL (Spain). The sources do not say who stands above it.
Owners 1
-
100%
Stated earlier (2)
An older source named these owners; newer accounts no longer list them.
-
56.36%
- Sourceaccounts ARBELCO 20223.89%
Holdings 1
-
100%
All subsidiaries, including indirect ones 4
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
GUDRUN IMMO 100%3 subsidiaries
GUDRUN COMMERCIAL 100%2 subsidiaries
- GRAND BELGIAN SPECIALITIES 100%
- SvanhildPL 100%
According to the 2025 annual accounts of Grimhild and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
11 connected companiesThis company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
Ace Invest
Shared director
→
conTeyor Holding
Shared director
→
Down2Earth Investment Fund
Shared director
→
VK Global
Shared director
→
Show 7 more companies with a shared director
ConTeyor International
Shared corporate director
→
Down2Earth Privak
Shared corporate director
→
FinIT Services
Shared corporate director
→
OPDORP FINANCE
Shared corporate director
→
Sustainable Reusable Carriers
Shared corporate director
→
Tosca Belgium
Shared corporate director
→
UgenTec
Shared corporate director
→
Ownership & control
2 board mandatesBoard mandates of this companythis company sits on their board2
1 location
1 location
Capital and shareholders
Shareholders according to the acts
At incorporation
act of 17-12-2015 ↗
- Wall & Waltz (BE 0879.304.406) founder
- Carlos HERMAN (BE 0446.297.493) founder
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 05-11-2025 Capital stated in the act · 7,825,083 EUR · 818,277 shares
- 08-08-2024 Capital increase of 362,950 EUR · to 7,825,083 EUR · 72,064 new shares · in kind
- 29-01-2021 Capital stated in the act · 7,462,133 EUR · 746,213 shares
- 07-02-2020 Capital increase of 1,620,000 EUR · to 7,462,133 EUR · 162,000 new shares
- 31-07-2017 Capital increase of 292,110 EUR · to 5,842,133 EUR · 29,211 new shares · in kind
- 29-11-2016 Capital increase of 394,040 EUR · to 5,550,023 EUR · 39,404 new shares · in cash
- 13-01-2016 Capital increase of 4,205,983 EUR · to 5,155,983 EUR · 420,598 new shares
- 17-12-2015 Incorporation · 950,000 EUR · 95,000 shares
Recognitions · licences · registrations
Legal Entity Identifier
549300N1NPZLGJSNS808
Similar companies · same sector, comparable size
LES REMPARTS
BE 0864.667.601
Tournai · Eq €8,724,569
EUGEKA
BE 0875.004.336
Sint-Pieters-Woluwe · Eq €8,714,632
Group Fimmus
BE 0640.997.774
Holsbeek · Eq €8,713,644
PILOVAN
BE 0836.231.258
Ronse · Eq €8,732,555
VLIM
BE 0422.979.188
Gerpinnes · Eq €8,711,973
Of 24,729 companies in sector 64210 we hold annual accounts for 19,773. 6,437 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded15-12-2015
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0644508580
Registered
29-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.