ACTIVE

Gravo

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Financial year 2025 · closed on 30/06/2025

Net result

653,9 k €

+759.1% YoY

Revenue

17,3 M €

+21.0% YoY

Equity

10,4 M €

+6.7% YoY

Workforce

66,5 ETP

-6.3% YoY

What does Gravo do?

Gravo is a Public limited company incorporated in 1968. Its main activity is: Construction of buildings. Its registered office is in Brasschaat. It employs on average 66,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0403.720.433

Incorporation

01/01/1968

Legal form

Public limited company

Registered office

Ruiterijschool 14
2930 Brasschaat · FlandreSee on map

Contributed capital

7 074 400,00 €

Latest accounts

30/06/2025

Average workforce

66,5 ETP

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 43120Site preparation 43120Site preparation 45112Sale of cars and light motor vehicles

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	17,3 M €	+21.0%	14,3 M €	+11.0%	12,8 M €	-0.3%	12,9 M €	-6.1%	13,7 M €	-9.0%	15,1 M €	-3.7%	15,7 M €	+6.2%	14,7 M €	+17.6%	12,5 M €	-34.5%	19,2 M €	+35.4%	14,1 M €		–		12,5 M €	-1.1%	12,6 M €	+2.4%	12,3 M €	-18.1%	15 M €	+26.4%	11,9 M €	+14.6%	10,4 M €	+25.4%	8,3 M €
EBITDA	1,7 M €	+83.4%	923,1 k €	+16.9%	789,4 k €	-44.8%	1,4 M €	-49.3%	2,8 M €	+255%	794,2 k €	-60.2%	2 M €	+73.3%	1,2 M €	-76.0%	4,8 M €	+130%	2,1 M €	+973%	194,6 k €	-89.5%	1,9 M €	-6.1%	2 M €	+27.5%	1,5 M €	-4.1%	1,6 M €	-61.0%	4,1 M €	+50.7%	2,7 M €	+69.6%	1,6 M €	+33.3%	1,2 M €
Operating result	1 M €	+231%	308,8 k €	+61.2%	191,6 k €	-64.5%	540,1 k €	-72.9%	2 M €	+1885%	100,4 k €	-91.9%	1,2 M €	+289%	319,2 k €	-91.8%	3,9 M €	+1046%	338 k €	+142%	-804,5 k €	-200%	807,6 k €	-18.7%	993,3 k €	+22.4%	811,4 k €	+10.2%	736 k €	-78.8%	3,5 M €	+56.8%	2,2 M €	+94.1%	1,1 M €	+39.2%	818,8 k €
Net result	653,9 k €	+759%	76,1 k €	+14.0%	66,8 k €	-80.4%	340,7 k €	-81.2%	1,8 M €	+1290%	130,4 k €	-88.0%	1,1 M €	+301%	270,7 k €	+147%	-572,7 k €	+90.5%	-6 M €	-4512%	-131 k €	-119%	672 k €	-5.4%	710,7 k €	-41.2%	1,2 M €	+118%	553,5 k €	-76.5%	2,4 M €	+59.4%	1,5 M €	+83.4%	806,5 k €	+68.8%	477,8 k €
Balance sheet
Equity	10,4 M €	+6.7%	9,7 M €	+0.8%	9,6 M €	-23.9%	12,7 M €	+2.8%	12,3 M €	+17.2%	10,5 M €	+1.3%	10,4 M €	+11.7%	9,3 M €	+5.3%	8,8 M €	-3.0%	9,1 M €	+5.3%	8,6 M €	-1.5%	8,8 M €	+8.3%	8,1 M €	+9.6%	7,4 M €	+19.6%	6,2 M €	+9.8%	5,6 M €	+31.8%	4,3 M €	+29.7%	3,3 M €	+32.5%	2,5 M €
Total assets	13,8 M €	-15.6%	16,4 M €	-3.5%	17 M €	+24.5%	13,7 M €	-11.5%	15,4 M €	+24.9%	12,4 M €	-19.1%	15,3 M €	+13.9%	13,4 M €	-20.2%	16,8 M €	-5.2%	17,7 M €	+12.2%	15,8 M €	+38.9%	11,4 M €	+9.8%	10,4 M €	+23.2%	8,4 M €	+11.6%	7,5 M €	+16.9%	6,4 M €	+30.0%	4,9 M €	+7.7%	4,6 M €	+37.6%	3,3 M €
Cash	90,2 k €	-43.3%	159,1 k €	-95.6%	3,6 M €	+643%	484,8 k €	-11.3%	546,9 k €	+162%	208,5 k €	-80.0%	1 M €	+574%	154,7 k €	-54.4%	339,3 k €	-18.2%	415 k €	-73.6%	1,6 M €	+62.1%	967,8 k €	-4.6%	1 M €	+94.9%	520,3 k €	-73.9%	2 M €	+203%	659,9 k €	+14.9%	574,1 k €	-35.3%	887,4 k €	+1109%	73,4 k €
Debts	3,5 M €	-48.0%	6,7 M €	-9.1%	7,4 M €	+660%	970,1 k €	-68.8%	3,1 M €	+71.2%	1,8 M €	-62.6%	4,9 M €	+19.5%	4,1 M €	-48.9%	8 M €	+52.6%	5,2 M €	+14.6%	4,5 M €	+75.2%	2,6 M €	+15.3%	2,3 M €	+123%	1 M €	-24.8%	1,3 M €	+69.7%	790,8 k €	+18.4%	667,9 k €	-48.8%	1,3 M €	+52.8%	853,8 k €
Other
Workforce	66,5 ETP	-6.3%	71,0 ETP	-9.2%	78,2 ETP	+5.0%	74,5 ETP	+0.1%	74,4 ETP	+0.7%	73,9 ETP	-4.0%	77,0 ETP	-5.4%	81,4 ETP	+2.6%	79,3 ETP	-10.3%	88,4 ETP	-4.8%	92,9 ETP	+8.4%	85,7 ETP	-1.5%	87,0 ETP	-0.5%	87,4 ETP	+1.7%	85,9 ETP	-2.1%	87,7 ETP	-5.0%	92,3 ETP	+1.7%	90,8 ETP	-0.5%	91,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 3 active · 19 ended

Active mandates

Herbert Smets

Managing director · since 09 octobre 2023 · until 09 octobre 2029

Active

Naomi Smets

Director · since 09 octobre 2023 · until 09 octobre 2029

Active

Omar Smets

Director · since 09 octobre 2023 · until 09 octobre 2029

Active

Ended mandates

Herbert Smets

Managing director · since 26 novembre 2021 · until 26 décembre 2027

Ended

Naomi Smets

Director · since 29 janvier 2021 · until 29 janvier 2027

Ended

Omar Smets

Director · since 23 octobre 2018 · until 24 novembre 2023

Ended

Herbert Smets

Managing director · since 26 mai 2015 · until 31 mai 2021

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	12/01/2026	20/12/2024	31/01/2024	20/12/2022	02/12/2021	18/12/2020
General meeting	31/12/2025	20/12/2024	15/12/2023	25/11/2022	26/11/2021	27/11/2020
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

Ratios

Financial ratios

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Filings

Annual accounts filings

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	30/06/2025	31/12/2025	12/01/2026	Dutch	PDF
Full model	30/06/2024	20/12/2024	20/12/2024	Dutch	PDF
Full model	30/06/2023	15/12/2023	31/01/2024	Dutch	PDF
Full model	30/06/2022	25/11/2022	20/12/2022	Dutch	PDF
Full model	30/06/2021	26/11/2021	02/12/2021	Dutch	PDF
Full model	30/06/2020	27/11/2020	18/12/2020	Dutch	PDF
Full modelCorrection	30/06/2019	29/11/2019	12/03/2020	Dutch	PDF
Full modelCorrection	30/06/2019	29/11/2019	20/01/2020	Dutch	PDF
Full model	30/06/2019	29/11/2019	17/12/2019	Dutch	PDF
Full model	30/06/2018	30/11/2018	18/12/2018	Dutch	PDF
Full modelCorrection	30/06/2017	24/11/2017	26/03/2018	Dutch	PDF
Full model	30/06/2017	24/11/2017	13/03/2018	Dutch	PDF
Full model	30/06/2016	21/12/2016	27/02/2017	Dutch	PDF
Full model	31/12/2014	28/09/2015	30/09/2015	Dutch	PDF
Abridged model	31/12/2013	26/05/2014	09/07/2014	Dutch	PDF
Abridged model	31/12/2012	27/05/2013	01/07/2013	Dutch	PDF
Abridged model	31/12/2011	29/05/2012	02/07/2012	Dutch	PDF
Abridged model	31/12/2010	30/05/2011	24/08/2011	Dutch	PDF
Abridged model	31/12/2009	31/05/2010	19/07/2010	Dutch	PDF
Abridged model	31/12/2008	25/05/2009	19/06/2009	Dutch	PDF
Abridged model	31/12/2007	26/05/2008	30/06/2008	Dutch	PDF
Abridged model	31/12/2006	28/05/2007	28/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Governance

Board of directors

Seen on filing of 30/06/2025 · 3 active · 19 ended

Active mandates

Herbert Smets

Managing director · since 09 octobre 2023 · until 09 octobre 2029

Active

Naomi Smets

Director · since 09 octobre 2023 · until 09 octobre 2029

Active

Omar Smets

Director · since 09 octobre 2023 · until 09 octobre 2029

Active

Ended mandates

Herbert Smets

Managing director · since 26 novembre 2021 · until 26 décembre 2027

Ended

Naomi Smets

Director · since 29 janvier 2021 · until 29 janvier 2027

Ended

Omar Smets

Director · since 23 octobre 2018 · until 24 novembre 2023

Ended

Herbert Smets

Managing director · since 26 mai 2015 · until 31 mai 2021

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/12/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/03/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/09/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/11/2018
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares12/01/2016
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - BOEKJAAR
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

2025
Annual accounts 2025653,9 k €↑
2024
Annual accounts 202476,1 k €↑
2023
Annual accounts 202366,8 k €↓
2022
Annual accounts 2022340,7 k €↓
2021
Annual accounts 20211,8 M €↑
2020
Annual accounts 2020130,4 k €↓
2019
Annual accounts 20191,1 M €↑
2018
Annual accounts 2018270,7 k €↑
2017
Annual accounts 2017-572,7 k €↑
2016
Annual accounts 2016-6 M €↓
2014
Annual accounts 2014-131 k €↓
2013
Annual accounts 2013672 k €↓
2012
Annual accounts 2012710,7 k €↓
2011
Annual accounts 20111,2 M €↑
2010
Annual accounts 2010553,5 k €↓
2009
Annual accounts 20092,4 M €↑
2008
Annual accounts 20081,5 M €↑
2007
Annual accounts 2007806,5 k €↑
2006
Annual accounts 2006477,8 k €
01/01/1968
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Gravo

Overview

What does Gravo do?

Trend over 19 financial years

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