ACTIVE

GRS NETWORK

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Financial year 2025 · closed on 31/12/2025
Net result
589 €
-21.8% YoY
Gross margin
-428,7 €
-0.4% YoY
Equity
21,9 k €
+2.8% YoY

What does GRS NETWORK do?

GRS NETWORK is a Private limited company incorporated in 2013. Its main activity is: Electrical installation. Its registered office is in Lochristi.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0540.859.429
Incorporation
16/10/2013
Legal form
Private limited company
Registered office
Lichtelarestraat 60
9080 Lochristi · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
43211Electrical installation· main42220Construction of utility projects for electricity and telecommunications61100Wired telecommunications activities62200Computer programming, consultancy and related activities95100Repair of computers and communication equipment
Signals
ProfitableSolid equityLow riskPositive cashflow
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152014
Income statement
Gross margin-428,7 €-426,8 €-458,4 €-139,3 €-2,9 k €9,1 k €-2,6 k €9 k €5,4 k €12,1 k €5 k €19 k €
EBITDA-444,9 €-426,8 €-842,8 €-561,8 €-3,7 k €6,6 k €-3,3 k €8,5 k €3,5 k €11,3 k €3,7 k €18,5 k €
Operating result-444,9 €-426,8 €-842,8 €-561,8 €-4,4 k €5,6 k €-4,5 k €7,7 k €1,5 k €9 k €1,4 k €16,4 k €
Net result589 €753,4 €-256,8 €-704,9 €-3,9 k €4,7 k €-3,7 k €6,1 k €428,9 €3,8 k €556,1 €11 k €
Balance sheet
Equity21,9 k €21,3 k €20,6 k €20,8 k €21,5 k €25,4 k €20,7 k €28 k €22 k €21,5 k €17,7 k €17,2 k €
Total assets21,9 k €22,5 k €21,7 k €22 k €22,7 k €26,7 k €23,9 k €33,6 k €26,5 k €28,5 k €29,4 k €27,1 k €
Cash55,5 €23,6 €134,5 €58,3 €575,2 €1,7 k €2,6 k €4,6 k €1,7 k €3,8 k €27,6 €7,7 k €
Debts–1,2 k €1,2 k €1,2 k €1,2 k €1,3 k €3,2 k €5,6 k €4,6 k €6,9 k €11,7 k €10 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 9 ended

Active mandates

Sevda Unlu

Director · since 13 mars 2023

Active

Ended mandates

Oguzhan Calinalti

Director · since 01 janvier 2021 · until 13 mars 2023

Ended
Oguzhan Calinalti

Director · since 01 janvier 2021

Ended
Oguzham CALINALTI

Manager · since 20 octobre 2013

Ended
Gürsel ÜNLÜ

Manager · since 16 octobre 2013

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/07/202629/07/202526/08/202428/06/202331/08/202222/09/2021
General meeting29/06/202629/07/202512/08/202426/06/202330/06/202222/09/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202529/06/202629/07/2026DutchPDF
Micro model31/12/202429/07/202529/07/2025DutchPDF
Micro model31/12/202312/08/202426/08/2024DutchPDF
Micro model31/12/202226/06/202328/06/2023DutchPDF
Micro model31/12/202130/06/202231/08/2022FrenchPDF
Micro model31/12/202022/09/202122/09/2021FrenchPDF
Micro model31/12/201926/06/202012/08/2020FrenchPDF
Micro model31/12/201828/06/201909/08/2019FrenchPDF
Micro model31/12/201729/06/201802/07/2018FrenchPDF
Abridged model31/12/201630/06/201703/07/2017FrenchPDF
Abridged model31/12/201524/06/201627/06/2016FrenchPDF
Abridged model31/12/201426/06/201506/07/2015FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 9 ended

Active mandates

Sevda Unlu

Director · since 13 mars 2023

Active

Ended mandates

Oguzhan Calinalti

Director · since 01 janvier 2021 · until 13 mars 2023

Ended
Oguzhan Calinalti

Director · since 01 janvier 2021

Ended
Oguzham CALINALTI

Manager · since 20 octobre 2013

Ended
Gürsel ÜNLÜ

Manager · since 16 octobre 2013

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates06/04/2023
    SIEGE SOCIAL - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Capital / shares31/03/2023
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates17/03/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/01/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Other25/10/2013
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025589 €↓
  2. 2024
    Annual accounts 2024753,4 €↑
  3. 2023
    Annual accounts 2023-256,8 €↑
  4. 2022
    Annual accounts 2022-704,9 €↑
  5. 2021
    Annual accounts 2021-3,9 k €↓
  6. 2020
    Annual accounts 20204,7 k €↑
  7. 2019
    Annual accounts 2019-3,7 k €↓
  8. 2018
    Annual accounts 20186,1 k €↑
  9. 2017
    Annual accounts 2017428,9 €↓
  10. 2016
    Annual accounts 20163,8 k €↑
  11. 2015
    Annual accounts 2015556,1 €↓
  12. 2014
    Annual accounts 201411 k €
  13. 16/10/2013
    IncorporationPrivate limited company