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Grelco

BE0765.858.946

Scheldeweg 60 Merelbeke-Melle 9090

About Grelco

Grelco is a private limited company (BV/SRL) based in Merelbeke-Melle, founded in 2021. For the 2025 financial year, Grelco reported a loss of €63,205. A year earlier, in 2024, it still made a profit of €48,714. Revenue was not published, which is common for abbreviated accounts. The gross margin came to €814,776, down 9.2% on 2024. Equity stands at €1.9 million, a solvency ratio of 7.5%. 4 annual accounts are available, covering 2022 to 2025.

Juridical situation
Normal situation
Company number
0765.858.946
Founding date
Founded on 30-03-2021
EUID number
BEKBOBCE.0765.858.946
Type of enterprise
Rechtspersoon
Location
Scheldeweg 60 Merelbeke-Melle 9090
Juridical form
BV — Private limited company (BV/SRL)
Activities
68121 - Ontwikkeling van residentiële bouwprojecten 81100 - Diverse ondersteunende activiteiten ten behoeve van voorzieningen 6820301 - Verhuur van niet-residentiële gebouwen zoals kantoorgebouwen, handelspanden, tentoonstellingsruimtes, enz
Signals
Reporting losses
Poor liquidity
Strong equity
Positive cashflow
Positive EBITDA
Directors
David Van Den Hende, Maxime Van Den Hende, Yves Van Den Hende
Latest update
Annual accounts 2025 filed

Financial ratios

Profit
€ -63K
Decreased by 230%
Equity
€ 1.87M
Increased by 735%
Gross margin
€ 815K
Decreased by 9%
Health
Unlock with Starter
Solvability > 25%
7.5%
Liquidity > 1.0
0.22
Profitability > 0%
-3.4%
Financial ratios
2025
2024
2023
2022
Gross margin
€ 815K
€ 897K
€ 213K
€ 151K
EBITDA
€ 746K
€ 832K
€ 174K
€ 119K
Profit
€ -63K
€ 49K
€ -330K
€ -371K
Equity
€ 1.87M
€ 224K
€ -263K
€ 67K
Solvability
7.50%
1.10%
-1.37%
0.42%
Debt
€ 23.09M
€ 20.09M
€ 19.43M
€ 15.73M
Cash
€ 144K
€ 40K
€ 73K
€ 60K

Publications 2

All publications

Frequently asked questions

Answers to the most common questions about Grelco, based on official government data and the filed annual accounts.

What is the VAT number of Grelco?

The VAT number of Grelco is BE0765.858.946.

When was Grelco established?

Grelco was founded in 30-03-2021.

What is the official address of Grelco?

The official address of Grelco is Scheldeweg 60 Merelbeke-Melle 9090.

What is the legal form of Grelco?

The juridical form of Grelco is Private limited company (BV/SRL).

What is the annual revenue of Grelco?

The 2025 accounts of Grelco do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.

Is Grelco a reliable company?

Grelco is a registered Rechtspersoon with company number 0765.858.946 and can be verified through the official CBE database.

What is the credit limit of Grelco?

The estimated credit limit of Grelco is €592,213.

Is Grelco still active?

Grelco currently has the status "Normal situation" and is active.

Further reading

View all insights
Reading the numbers Calculate working capital from the annual accounts, and what negative means 8 min read
Reading the numbers Gross margin in Belgian annual accounts, what code 9900 tells you 7 min read
Risk & bankruptcy Liquidation of a Belgian company, what do you do as a supplier? 7 min read

Sources