ACTIVE

VAN GRASDORFF

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Financial year 2025 · closed on 31/12/2025

Net result

967,8 k €

+18.4% YoY

Revenue

20,5 M €

+1.0% YoY

Equity

10,8 M €

+9.8% YoY

Workforce

58,7 ETP

+4.4% YoY

What does VAN GRASDORFF do?

VAN GRASDORFF is a Public limited company incorporated in 1977. Its registered office is in Puurs-Sint-Amands. It employs on average 58,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0417.719.216

Incorporation

28/11/1977

Legal form

Public limited company

Registered office

Pandgatheide(OPP) 10
2890 Puurs-Sint-Amands · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

58,7 ETP

Joint committees (4)

136
1360
222
2220

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 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	20,5 M €	+1.0%	20,3 M €	-9.1%	22,3 M €	+6.3%	21 M €	+23.4%	17 M €	+12.4%	15,1 M €	+14.3%	13,2 M €	+18.2%	11,2 M €		–		–		8,5 M €	-5.7%	9 M €	-0.6%	9 M €	-0.1%	9 M €		–		–		–		–		–		–
EBITDA	2,8 M €	-11.2%	3,2 M €	-13.4%	3,6 M €	+10.2%	3,3 M €	+12.2%	2,9 M €	+25.4%	2,3 M €	+14.9%	2 M €	+27.5%	1,6 M €	+10.0%	1,5 M €	+5.0%	1,4 M €	+33.4%	1 M €	-5.2%	1,1 M €	-2.0%	1,1 M €	+0.6%	1,1 M €	-3.8%	1,2 M €	+5.2%	1,1 M €	+9.8%	1 M €	+23.1%	813,6 k €	+28.0%	635,8 k €	-13.7%	736,6 k €
Operating result	1,5 M €	+10.9%	1,4 M €	-41.2%	2,3 M €	-3.6%	2,4 M €	+19.7%	2 M €	+39.4%	1,4 M €	+32.7%	1,1 M €	+79.5%	608,7 k €	+5.6%	576,7 k €	-5.2%	608,3 k €	+17.9%	516 k €	+15.0%	448,6 k €	-14.6%	525,3 k €	-2.0%	535,9 k €	+13.0%	474,4 k €	-14.3%	553,3 k €	-19.8%	689,7 k €	+49.2%	462,2 k €	+121%	209,6 k €	+0.6%	208,3 k €
Net result	967,8 k €	+18.4%	817,3 k €	-43.1%	1,4 M €	-18.3%	1,8 M €	+21.2%	1,5 M €	+39.8%	1 M €	+28.1%	810,5 k €	+57.9%	513,2 k €	+8.8%	471,9 k €	-7.9%	512,3 k €	+25.7%	407,5 k €	-2.8%	419,1 k €	-10.8%	470 k €	+32.8%	353,9 k €	+14.7%	308,4 k €	-22.9%	400,1 k €	-18.8%	492,6 k €	+50.2%	328,1 k €	+99.9%	164,1 k €	+11.8%	146,8 k €
Balance sheet
Equity	10,8 M €	+9.8%	9,9 M €	+9.0%	9,1 M €	+18.9%	7,6 M €	+30.0%	5,9 M €	+32.9%	4,4 M €	+24.6%	3,5 M €	-33.1%	5,3 M €	+12.9%	4,7 M €	+10.3%	4,2 M €	+12.3%	3,8 M €	+11.1%	3,4 M €	+11.7%	3 M €	+34.5%	2,3 M €	+18.5%	1,9 M €	+19.2%	1,6 M €	+33.2%	1,2 M €	-20.3%	1,5 M €	+9.3%	1,4 M €	-19.5%	1,7 M €
Total assets	16,2 M €	-1.3%	16,4 M €	+1.8%	16,1 M €	+11.5%	14,4 M €	+25.1%	11,5 M €	+26.8%	9,1 M €	+26.3%	7,2 M €	-9.8%	8 M €	+22.4%	6,5 M €	+7.5%	6,1 M €	-0.8%	6,1 M €	+2.8%	5,9 M €	-9.0%	6,5 M €	+34.5%	4,9 M €	-7.0%	5,2 M €	+10.5%	4,7 M €	+73.9%	2,7 M €	-20.4%	3,4 M €	+1.2%	3,4 M €	-5.2%	3,6 M €
Cash	421,1 k €	+72.9%	243,5 k €	-84.3%	1,6 M €	+505%	256,7 k €	-63.4%	700,3 k €	+12.8%	620,9 k €	+122%	280,3 k €	+30.8%	214,2 k €	-7.5%	231,6 k €	+93.9%	119,4 k €	-84.8%	783,4 k €	-26.6%	1,1 M €	+637%	144,8 k €	-3.4%	149,9 k €	-30.2%	214,9 k €	-41.5%	367 k €	+150%	147 k €	-54.5%	323,1 k €	+40.9%	229,3 k €	+39.2%	164,7 k €
Debts	5,3 M €	-18.1%	6,5 M €	-7.0%	7 M €	+3.3%	6,8 M €	+19.9%	5,6 M €	+20.9%	4,7 M €	+28.1%	3,6 M €	+36.7%	2,7 M €	+50.8%	1,8 M €	-2.3%	1,8 M €	-22.1%	2,3 M €	-8.3%	2,5 M €	-27.2%	3,5 M €	+34.6%	2,6 M €	-21.8%	3,3 M €	+6.1%	3,1 M €	+106%	1,5 M €	-20.4%	1,9 M €	-4.5%	2 M €	+8.4%	1,8 M €
Other
Workforce	58,7 ETP	+4.4%	56,2 ETP	+1.1%	55,6 ETP	+2.4%	54,3 ETP	+10.4%	49,2 ETP	+13.4%	43,4 ETP	+17.3%	37,0 ETP	+12.5%	32,9 ETP	+7.2%	30,7 ETP	-0.3%	30,8 ETP	+4.4%	29,5 ETP	-9.8%	32,7 ETP	+0.6%	32,5 ETP	-8.7%	35,6 ETP	+6.6%	33,4 ETP	+7.7%	31,0 ETP	-6.1%	33,0 ETP	+7.1%	30,8 ETP	-1.3%	31,2 ETP	-7.7%	33,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 23 ended

Active mandates

Capsa BE

Director · since 26 mai 2022 · until 25 mai 2028 · 0821.692.245

Represented by Remco Maandag

Active

Jan Maandag

Director · since 26 mai 2022 · until 25 mai 2028

Active

Ended mandates

Capsa BE

Managing director · since 26 mai 2022 · until 25 mai 2028 · 0821.692.245

Represented by Remco Maandag

Ended

Capsa BE

Managing director · since 26 mai 2016 · until 26 mai 2022 · 0821.692.245

Represented by Remco Maandag

Ended

Capsa BE

Director · since 26 mai 2016 · until 26 mai 2022 · 0821.692.245

Represented by Remco Maandag

Ended

Jaberema NV

Director · since 26 mai 2016 · until 26 mai 2022 · 0449.288.855

Represented by Remco Maandag

Ended

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	01/01/2025	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	17/08/2026	18/08/2025	09/12/2024	06/07/2023	13/07/2022	11/06/2021
General meeting	28/05/2026	29/05/2025	30/05/2024	25/05/2023	27/05/2022	27/05/2021
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

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	31/12/2025	28/05/2026	17/08/2026	Dutch	PDF
Full model	31/12/2024	29/05/2025	18/08/2025	Dutch	PDF
Full modelCorrection	31/12/2023	30/05/2024	09/12/2024	Dutch	PDF
Full model	31/12/2023	30/05/2024	30/08/2024	Dutch	PDF
Full model	31/12/2022	25/05/2023	06/07/2023	Dutch	PDF
Full model	31/12/2021	27/05/2022	13/07/2022	Dutch	PDF
Full model	31/12/2020	27/05/2021	11/06/2021	Dutch	PDF
Full model	31/12/2019	28/05/2020	25/09/2020	Dutch	PDF
Full model	31/12/2018	30/05/2019	26/08/2019	Dutch	PDF
Abridged model	31/12/2017	31/05/2018	29/08/2018	Dutch	PDF
Abridged model	31/12/2016	26/05/2017	03/08/2017	Dutch	PDF
Full model	31/12/2015	26/05/2016	04/08/2016	Dutch	PDF
Full model	31/12/2014	28/05/2015	09/07/2015	Dutch	PDF
Full model	31/12/2013	30/05/2014	10/07/2014	Dutch	PDF
Full modelCorrection	31/12/2012	30/05/2013	10/07/2014	Dutch	PDF
Full model	31/12/2012	30/05/2013	22/06/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	18/06/2012	Dutch	PDF
Abridged model	31/12/2010	26/05/2011	07/06/2011	Dutch	PDF
Abridged model	31/12/2009	27/05/2010	28/06/2010	Dutch	PDF
Abridged model	31/12/2008	28/05/2009	20/06/2009	Dutch	PDF
Abridged model	31/12/2007	26/05/2008	14/07/2008	Dutch	PDF
Abridged model	31/12/2006	24/05/2007	19/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 31/12/2025 · 2 active · 23 ended

Active mandates

Capsa BE

Director · since 26 mai 2022 · until 25 mai 2028 · 0821.692.245

Represented by Remco Maandag

Active

Jan Maandag

Director · since 26 mai 2022 · until 25 mai 2028

Active

Ended mandates

Capsa BE

Managing director · since 26 mai 2022 · until 25 mai 2028 · 0821.692.245

Represented by Remco Maandag

Ended

Capsa BE

Managing director · since 26 mai 2016 · until 26 mai 2022 · 0821.692.245

Represented by Remco Maandag

Ended

Capsa BE

Director · since 26 mai 2016 · until 26 mai 2022 · 0821.692.245

Represented by Remco Maandag

Ended

Jaberema NV

Director · since 26 mai 2016 · until 26 mai 2022 · 0449.288.855

Represented by Remco Maandag

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/03/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/02/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/12/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/11/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/05/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/09/2012
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares08/02/2012
KAPITAAL - AANDELEN
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 2025967,8 k €↑
2024
Annual accounts 2024817,3 k €↓
2023
Annual accounts 20231,4 M €↓
2022
Annual accounts 20221,8 M €↑
2021
Annual accounts 20211,5 M €↑
2020
Annual accounts 20201 M €↑
2019
Annual accounts 2019810,5 k €↑
2018
Annual accounts 2018513,2 k €↑
2017
Annual accounts 2017471,9 k €↓
2016
Annual accounts 2016512,3 k €↑
2015
Annual accounts 2015407,5 k €↓
2014
Annual accounts 2014419,1 k €↓
2013
Annual accounts 2013470 k €↑
2012
Annual accounts 2012353,9 k €↑
2011
Annual accounts 2011308,4 k €↓
2010
Annual accounts 2010400,1 k €↓
2009
Annual accounts 2009492,6 k €↑
2008
Annual accounts 2008328,1 k €↑
2007
Annual accounts 2007164,1 k €↑
2006
Annual accounts 2006146,8 k €
28/11/1977
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

VAN GRASDORFF

Overview

What does VAN GRASDORFF do?

Trend over 20 financial years

Indicative valuation

Board of directors

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