ACTIVE

Grenz-Echo

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Financial year 2025 · Closed on 31/12/2025

Net result-166,4 k €-25,8 %over 1 year

Revenue6,1 M €-5,2 %over 1 year

Equity1,1 M €-12,8 %over 1 year

Workforce34,9 ETP-2,2 %over 1 year

Identity

Source · BCE/KBO

Grenz-Echo is a Public limited company incorporated in 1968. Its main activity is: Printing of newspapers. Its registered office is in Eupen. It employs on average 34,9 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0402.337.093
Incorporation: 01/01/1968
Legal form: Public limited company
Registered office: Place du Marché 8
4700 Eupen · WallonieSee on map
Contributed capital: 1 138 418,87 €
Latest accounts: 31/12/2025
Average workforce: 34,9 ETP

Activities (NACE)

18110Printing of newspapers· main 18110Printing of newspapers 22120Manufacture of rubber products 22210Manufacture of plastic plates, sheets, tubes and profiles 58120Publishing of directories and mailing lists 58130Publishing of newspapers+3

Joint committees (2)

Signals

Good liquidityHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	6,1 M €	-5.2%	6,4 M €	-0.3%	6,5 M €	-6.5%	6,9 M €	+27.3%	5,4 M €
EBITDA	-34,5 k €	+19.3%	-42,7 k €	+85.6%	-295,9 k €	-126%	-130,8 k €	-147%	278,7 k €
Operating result	-107,8 k €	-2.7%	-105 k €	+72.4%	-379,8 k €	-90.9%	-199 k €	-221%	164,7 k €
Net result	-166,4 k €	-25.8%	-132,3 k €	+64.8%	-376 k €	-25.3%	-300,1 k €	-134%	870,8 k €
Balance sheet
Equity	1,1 M €	-12.8%	1,3 M €	-9.3%	1,4 M €	-20.8%	1,8 M €	-49.0%	3,5 M €
Total assets	5,2 M €	+18.5%	4,4 M €	+7.3%	4,1 M €	-10.9%	4,6 M €	-19.8%	5,7 M €
Cash	309 k €	+87.5%	164,8 k €	+33.6%	123,3 k €	-52.5%	259,6 k €	-86.7%	1,9 M €
Debts	2,9 M €	+54.9%	1,8 M €	+26.1%	1,5 M €	-10.5%	1,6 M €	+51.2%	1,1 M €
Other
Workforce	34,9 ETP	-2.2%	35,7 ETP	-4.0%	37,2 ETP	-8.6%	40,7 ETP	-2.6%	41,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
BERMAL0439.247.573Represented by Alexandre HURBAIN	Director20/06/2014 → 19/06/2026
Eric MALRAIN	Director24/10/2017 → 19/06/2026
Ernst THOMMESSEN	Chairman of the board of directors19/06/2020 → 19/06/2026Director21/06/2002 → 2016 accountsended
IMMOFIDA0430.272.796Represented by Eric THOMMESSEN	Director24/10/2017 → 19/06/2026
Rossel-Hurbain0403.537.915Represented by Bernard MARCHANT	Director21/06/2002 → 19/06/2026Managing director20/06/2014 → 2015 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ROSSEL & Cie0403.537.816Represented by Eric SCHONBRODT	Director19/06/2020 → 2021 accountsManaging director24/10/2017 → 2019 accounts
Adrian KÜCHENBERG	Director20/06/2014 → 24/10/2017

Other companies at this address

Place du Marché 8 4700 Eupen

Company	CBE no.
COBEL D● Active	0473.559.740
GE DISTRIBUTION SERVICES● Active	0790.682.929
NEXO● Active	1012.032.375
REAL ESTATE EUPEN● Active	0740.766.333

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	19/06/2026	18/07/2025	28/06/2024	27/06/2023	17/08/2022	09/08/2021
General meeting	19/06/2026	20/06/2025	21/06/2024	16/06/2023	17/06/2022	18/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	19/06/2026	19/06/2026	French	PDF
Abridged model	31/12/2024	20/06/2025	18/07/2025	French	PDF
Abridged model	31/12/2023	21/06/2024	28/06/2024	French	PDF
Abridged model	31/12/2022	16/06/2023	27/06/2023	French	PDF
Full model	31/12/2021	17/06/2022	17/08/2022	French	PDF
Full model	31/12/2020	18/06/2021	09/08/2021	French	PDF
Full model	31/12/2019	19/06/2020	25/08/2020	French	PDF
Full model	31/12/2018	25/06/2019	22/08/2019	French	PDF
Full model	31/12/2017	15/06/2018	14/08/2018	French	PDF
Full model	31/12/2016	16/06/2017	12/09/2017	French	PDF
Full model	31/12/2015	21/06/2016	21/07/2016	French	PDF
Full model	31/12/2014	23/06/2015	13/08/2015	French	PDF
Full model	31/12/2013	20/06/2014	12/08/2014	French	PDF
Full model	31/12/2012	21/06/2013	08/08/2013	French	PDF
Full model	31/12/2011	15/06/2012	08/08/2012	French	PDF
Full model	31/12/2010	17/06/2011	04/08/2011	French	PDF
Full model	31/12/2009	18/06/2010	27/08/2010	French	PDF
Full model	31/12/2008	19/06/2009	20/08/2009	French	PDF
Full model	31/12/2007	20/06/2008	05/08/2008	French	PDF
Full model	31/12/2006	19/06/2007	10/08/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
BERMAL0439.247.573Represented by Alexandre HURBAIN	Director20/06/2014 → 19/06/2026
Eric MALRAIN	Director24/10/2017 → 19/06/2026
Ernst THOMMESSEN	Chairman of the board of directors19/06/2020 → 19/06/2026Director21/06/2002 → 2016 accountsended
IMMOFIDA0430.272.796Represented by Eric THOMMESSEN	Director24/10/2017 → 19/06/2026
Rossel-Hurbain0403.537.915Represented by Bernard MARCHANT	Director21/06/2002 → 19/06/2026Managing director20/06/2014 → 2015 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ROSSEL & Cie0403.537.816Represented by Eric SCHONBRODT	Director19/06/2020 → 2021 accountsManaging director24/10/2017 → 2019 accounts
Adrian KÜCHENBERG	Director20/06/2014 → 24/10/2017

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Restructuring07/08/2026
Opération assimilée à la fusion par absorption au sens de l'article 12:7, 2° :
PDF
Restructuring21/05/2026
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates10/08/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates26/10/2022
DEMISSIONS, NOMINATIONS
PDF
Restructuring15/01/2020
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring11/10/2019
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates02/03/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates30/01/2018
DEMISSIONS, NOMINATIONS
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

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Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

Rossel-Hurbain

IMMOFIDA

BERMAL

Eric MALRAIN

Ernst THOMMESSEN

ROSSEL & Cie

GROUPE VLAN

Adrian KÜCHENBERG

ERIC THOMMESSEN

Alfred KÜCHENBERG

INTERPRO

YVONNE KUCHENBERG-PETERS

Show the other mandate

19681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

Grenz-Echo

Place du Marché 8, 4700 Eupen

DirectorManaging director

Director

Chairman of the board of directorsDirector

Managing directorDirector

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Place du Marché 8, 4700 EupenCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00207002

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Grenz-EchoCurrent	accounts 2007 → 2025	Accounts 2025 · 2026-00207002

Events

2025
Annual accounts 2025-166,4 k €↓
2024
Annual accounts 2024-132,3 k €↑
2023
Annual accounts 2023-376 k €↓
2022
Annual accounts 2022-300,1 k €↓
2021
Annual accounts 2021870,8 k €↑
2020
Annual accounts 2020-100,3 k €↓
2019
Annual accounts 2019-91,6 k €↑
2018
Annual accounts 2018-713 k €↓
2017
Annual accounts 2017493,2 k €↑
2016
Annual accounts 2016-96,2 k €↑
2015
Annual accounts 2015-544,9 k €↓
2014
Annual accounts 2014102,2 k €↑
2013
Annual accounts 2013101,2 k €↓
2012
Annual accounts 2012285 k €↓
2011
Annual accounts 2011387,7 k €↑
2010
Annual accounts 2010214,5 k €↑
2009
Annual accounts 2009130,5 k €↓
2008
Annual accounts 2008820,6 k €↑
2007
Annual accounts 2007331,3 k €
01/01/1968
IncorporationPublic limited company

Grenz-Echo

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events