ACTIVE

GRANITE WORKS

Financial year 2024 · Closed on 31/12/2024

Net result
18,2 k €
+145,9 %over 1 year
Gross margin
211,1 k €
+20,0 %over 1 year
Equity
572,4 k €
+3,3 %over 1 year
Workforce
1,6 ETP
0,0 %over 1 year

Identity

Source · BCE/KBO

GRANITE WORKS is a Private limited company incorporated in 1974. Its main activity is: Cutting, shaping and finishing of stone. Its registered office is in Sint-Truiden. It employs on average 1,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0413.929.583
Incorporation
14/02/1974
Legal form
Private limited company
Registered office
Stippelstraat 41
3800 Sint-Truiden · FlandreSee on map
Contributed capital
148 736,12 €
Latest accounts
31/12/2024
Average workforce
1,6 ETP
Joint committees (1)
  • 124
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20242023202220212020
Income statement
Gross margin211,1 k €175,9 k €82,7 k €95,7 k €101,9 k €
EBITDA104 k €75,4 k €-7,4 k €2,9 k €16 k €
Operating result40,9 k €-31,9 k €-71 k €-68,3 k €-63,3 k €
Net result18,2 k €-39,7 k €82,4 k €27,2 k €20,4 k €
Balance sheet
Equity572,4 k €554,2 k €593,8 k €511,4 k €484,2 k €
Total assets1,9 M €2 M €1,7 M €1,7 M €1,8 M €
Cash27,9 k €9,1 k €7,7 k €2,5 k €3,6 k €
Debts1,4 M €1,4 M €1,1 M €1,2 M €1,3 M €
Other
Workforce1,6 ETP1,6 ETP1,6 ETP1,6 ETP1,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 3 ended

Active mandates

Ivan Otten

Director

Active

Ended mandates

Ivan Fernand M Otten

Director

Ended
Ivan Fernand Marcel Otten

Director

Ended
Ivan Fernand Marcel Otten

Manager

Ended

Other companies at this address

Stippelstraat 41 3800 Sint-Truiden
CompanyCBE no.
0439.586.875

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/07/202529/08/202417/07/202325/08/202230/09/202121/09/2020
General meeting15/06/202515/06/202430/06/202330/04/202230/04/202128/08/2020
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202415/06/202529/07/2025DutchPDF
Abridged model31/12/202315/06/202429/08/2024DutchPDF
Abridged model31/12/202230/06/202317/07/2023DutchPDF
Abridged model31/12/202130/04/202225/08/2022DutchPDF
Abridged model31/12/202030/04/202130/09/2021DutchPDF
Abridged model31/12/201928/08/202021/09/2020DutchPDF
Abridged model31/12/201830/04/201930/08/2019DutchPDF
Abridged model31/12/201730/04/201828/08/2018DutchPDF
Abridged model31/12/201630/04/201728/08/2017DutchPDF
Abridged model31/12/201530/04/201609/08/2016DutchPDF
Abridged model31/12/201430/04/201513/08/2015DutchPDF
Abridged model31/12/201330/04/201427/08/2014DutchPDF
Abridged model31/12/201230/04/201328/08/2013DutchPDF
Abridged model31/12/201130/04/201227/08/2012DutchPDF
Abridged model31/12/201030/04/201131/08/2011DutchPDF
Abridged model31/12/200930/04/201031/08/2010DutchPDF
Abridged model31/12/200830/04/200926/08/2009DutchPDF
Abridged model31/12/200730/04/200827/08/2008DutchPDF
Abridged model31/12/200630/04/200709/08/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 3 ended

Active mandates

Ivan Otten

Director

Active

Ended mandates

Ivan Fernand M Otten

Director

Ended
Ivan Fernand Marcel Otten

Director

Ended
Ivan Fernand Marcel Otten

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates20/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates18/03/2004
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 202418,2 k €↑
  2. 2023
    Annual accounts 2023-39,7 k €↓
  3. 2022
    Annual accounts 202282,4 k €↑
  4. 2021
    Annual accounts 202127,2 k €↑
  5. 2020
    Annual accounts 202020,4 k €↑
  6. 2019
    Annual accounts 20196,8 k €↑
  7. 2018
    Annual accounts 2018-191,5 k €↓
  8. 2017
    Annual accounts 2017577,4 €↓
  9. 2016
    Annual accounts 20165,2 k €↓
  10. 2015
    Annual accounts 20157 k €↓
  11. 2014
    Annual accounts 201410,4 k €↓
  12. 2013
    Annual accounts 201311,2 k €↓
  13. 2012
    Annual accounts 201218,3 k €↑
  14. 2011
    Annual accounts 201112,2 k €↑
  15. 2010
    Annual accounts 20108,5 k €↑
  16. 2009
    Annual accounts 20092,4 k €↓
  17. 2008
    Annual accounts 20082,8 k €↓
  18. 2007
    Annual accounts 20078 k €↑
  19. 2006
    Annual accounts 20062,5 k €
  20. 14/02/1974
    IncorporationPrivate limited company