ACTIVE

DEGROOTE REAL ESTATE DEVELOPMENT

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Financial year 2025 · Closed on 31/12/2025

Net result13,7 M €+68,3 %over 1 year
Revenue37,9 M €+59,2 %over 1 year
Equity67,1 M €+18,0 %over 1 year

Identity

Source · BCE/KBO

DEGROOTE REAL ESTATE DEVELOPMENT is a Public limited company incorporated in 1949. Its registered office is in Oostende.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0405.264.218
Incorporation
15/04/1949
Legal form
Public limited company
Registered office
Leopold III-laan 1
8400 Oostende · FlandreSee on map
Contributed capital
2 062 500,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 323
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue37,9 M €23,8 M €28,3 M €23,1 M €35,5 M €
EBITDA19,5 M €12,6 M €17,2 M €13 M €17,4 M €
Operating result19,5 M €12,6 M €17,2 M €13 M €17,4 M €
Net result13,7 M €8,2 M €12,8 M €9,7 M €13,1 M €
Balance sheet
Equity67,1 M €56,9 M €53,6 M €44,6 M €36,9 M €
Total assets119 M €129,2 M €71,2 M €51,8 M €43,6 M €
Cash806,6 k €4,1 M €3,7 M €11,5 M €849,9 k €
Debts51,8 M €71,8 M €17,5 M €7,2 M €6,7 M €
Other
Workforce–––0,1 ETP1,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 33 ended

Active mandates

JDG 4 Consulting

Managing director · since 16 décembre 2021 · until 15 mai 2027 · 0776.527.164

Represented by Jan Degroote

Active
VASTGOEDGROEP DEGROOTE

Managing director · since 16 décembre 2021 · until 15 mai 2027 · 0778.878.326

Represented by David Degroote

Active

Ended mandates

DAVID DEGROOTE CONSULTING

Director · since 18 mai 2019 · until 16 décembre 2021 · 0846.724.183

Represented by David Degroote

Ended
DAVID DEGROOTE CONSULTING

Director · since 18 mai 2019 · until 17 mai 2025 · 0846.724.183

Represented by David Degroote

Ended
DAVID DEGROOTE CONSULTING

Director · since 18 mai 2019 · 0846.724.183

Represented by David Degroote

Ended
JDG Construct

Director · since 18 mai 2019 · until 16 décembre 2021 · 0846.724.381

Represented by Jan Degroote

Ended

Other companies at this address

Leopold III-laan 1 8400 Oostende
CompanyCBE no.
5D● Active
1001.644.764
ACADEMIE INVEST● Active
0785.762.257
ACADEMIE REAL ESTATE● Active
0784.203.329
DEGROOTE HARBOUR CONSTRUCT● Active
0459.985.183
DEGROOTE HARBOUR DEVELOPMENT● Active
0431.671.774
Degroote Real Estate Construct● Active
0443.821.025
FLOORMASTERS● Active
0795.175.316
GRAMINEA● Active
0845.919.281
Investments Degroote● Active
0443.821.223
LIVA● Active
1001.648.823
SKY BAR REAL ESTATE● Active
0792.473.766
SKY HOTEL REAL ESTATE● Active
0792.474.954
SKY PARKING REAL ESTATE● Active
0792.471.786
VASTGOEDGROEP DEGROOTE● Active
0778.878.326

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date24/06/202623/06/202528/06/202430/06/202321/06/202220/08/2021
General meeting29/05/202617/05/202518/05/202420/05/202321/05/202215/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202529/05/202624/06/2026DutchPDF
Full model31/12/202417/05/202523/06/2025DutchPDF
Full model31/12/202318/05/202428/06/2024DutchPDF
Full model31/12/202220/05/202330/06/2023DutchPDF
Full model31/12/202121/05/202221/06/2022DutchPDF
Full model31/12/202015/05/202120/08/2021DutchPDF
Full model31/12/201916/05/202009/07/2020DutchPDF
Full model31/12/201818/05/201918/06/2019DutchPDF
Full model31/12/201719/05/201815/06/2018DutchPDF
Full model31/12/201620/05/201720/06/2017DutchPDF
Full model31/12/201521/05/201620/06/2016DutchPDF
Full model31/12/201416/05/201516/06/2015DutchPDF
Full model31/12/201317/05/201416/06/2014DutchPDF
Abridged model31/12/201214/06/201316/07/2013DutchPDF
Abridged model31/12/201102/06/201229/06/2012DutchPDF
Abridged model31/12/201011/06/201108/07/2011DutchPDF
Abridged model31/12/200919/06/201013/07/2010DutchPDF
Abridged model31/12/200816/05/200912/06/2009DutchPDF
Abridged model31/12/200717/05/200812/06/2008DutchPDF
Abridged model31/12/200619/05/200719/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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

2 active · 33 ended

Active mandates

JDG 4 Consulting

Managing director · since 16 décembre 2021 · until 15 mai 2027 · 0776.527.164

Represented by Jan Degroote

Active
VASTGOEDGROEP DEGROOTE

Managing director · since 16 décembre 2021 · until 15 mai 2027 · 0778.878.326

Represented by David Degroote

Active

Ended mandates

DAVID DEGROOTE CONSULTING

Director · since 18 mai 2019 · until 16 décembre 2021 · 0846.724.183

Represented by David Degroote

Ended
DAVID DEGROOTE CONSULTING

Director · since 18 mai 2019 · until 17 mai 2025 · 0846.724.183

Represented by David Degroote

Ended
DAVID DEGROOTE CONSULTING

Director · since 18 mai 2019 · 0846.724.183

Represented by David Degroote

Ended
JDG Construct

Director · since 18 mai 2019 · until 16 décembre 2021 · 0846.724.381

Represented by Jan Degroote

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates11/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/10/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other04/03/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF
  • Mandates06/01/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares06/01/2022
    KAPITAAL - AANDELEN
    PDF
  • Mandates04/06/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/07/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other14/07/2014
    DOEL
    PDF

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 202513,7 M €↑
  2. 17/05/2025
    reconductionNV Callens Vandelanotte — commissaris
  3. 2024
    Annual accounts 20248,2 M €↓
  4. 2023
    Annual accounts 202312,8 M €↑
  5. 2022
    Annual accounts 20229,7 M €↓
  6. 21/05/2022
    nominationCVBA Vandelanotte Bedrijfsrevisoren — commissaris
  7. 2021
    Annual accounts 202113,1 M €↑
  8. 2021
    Name changeDEGROOTE REAL ESTATE DEVELOPMENT
  9. 2020
    Annual accounts 2020-1,1 M €↓
  10. 2019
    Annual accounts 20194,5 M €↓
  11. 2018
    Annual accounts 20186,9 M €↓
  12. 2017
    Annual accounts 201713 M €↑
  13. 2016
    Annual accounts 201611,4 M €↑
  14. 2015
    Annual accounts 20159,1 M €↑
  15. 2014
    Annual accounts 20145,1 M €↑
  16. 2013
    Annual accounts 20131,6 M €↓
  17. 2012
    Annual accounts 20122 M €↑
  18. 2011
    Annual accounts 2011533,5 k €↑
  19. 2010
    Annual accounts 2010-4,1 k €↓
  20. 2009
    Annual accounts 200911,4 k €↓
  21. 2008
    Annual accounts 200815,2 k €↓
  22. 2007
    Annual accounts 200721,7 k €↓
  23. 2006
    Annual accounts 200628,2 k €
  24. 2006
    Name changeOOSTENDSE IMMOBILIEN VAN HET BOUWBEDRIJF
  25. 15/04/1949
    IncorporationPublic limited company