ACTIVE

VAN GRASDORFF

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Financial year 2025 · Closed on 31/12/2025

Net result967,8 k €+18,4 %over 1 year
Revenue20,5 M €+1,0 %over 1 year
Equity10,8 M €+9,8 %over 1 year
Workforce58,7 ETP+4,4 %over 1 year

Identity

Source · BCE/KBO

VAN GRASDORFF is a Public limited company incorporated in 1977. Its main activity is: Manufacture of corrugated paper and paperboard and of containers of paper and paperboard. 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

Financials

Source · NBB, 22 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue20,5 M €20,3 M €22,3 M €21 M €17 M €
EBITDA2,8 M €3,2 M €3,6 M €3,3 M €2,9 M €
Operating result1,5 M €1,4 M €2,3 M €2,4 M €2 M €
Net result967,8 k €817,3 k €1,4 M €1,8 M €1,5 M €
Balance sheet
Equity10,8 M €9,9 M €9,1 M €7,6 M €5,9 M €
Total assets16,2 M €16,4 M €16,1 M €14,4 M €11,5 M €
Cash421,1 k €243,5 k €1,6 M €256,7 k €700,3 k €
Debts5,3 M €6,5 M €7 M €6,8 M €5,6 M €
Other
Workforce58,7 ETP56,2 ETP55,6 ETP54,3 ETP49,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 4 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Capsa BE0821.692.245Represented by Remco Maandag
Director26/05/2016 → 25/05/2028Managing director26/05/2016 → 2022 accountsended
Jan Maandag
Director26/05/2004 → 25/05/2028

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Jaberema NV0449.288.855Represented by Remco Maandag
Director26/05/2016 → 2017 accounts
Elisabeth Christis
Director01/06/2010 → 2015 accounts
Remco Maandag
Director01/06/2010 → 2015 accounts

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 date17/08/202618/08/202509/12/202406/07/202313/07/202211/06/2021
General meeting28/05/202629/05/202530/05/202425/05/202327/05/202227/05/2021
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, 22 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202528/05/202617/08/2026DutchPDF
Full model31/12/202429/05/202518/08/2025DutchPDF
Full modelCorrection31/12/202330/05/202409/12/2024DutchPDF
Full model31/12/202330/05/202430/08/2024DutchPDF
Full model31/12/202225/05/202306/07/2023DutchPDF
Full model31/12/202127/05/202213/07/2022DutchPDF
Full model31/12/202027/05/202111/06/2021DutchPDF
Full model31/12/201928/05/202025/09/2020DutchPDF
Full model31/12/201830/05/201926/08/2019DutchPDF
Abridged model31/12/201731/05/201829/08/2018DutchPDF
Abridged model31/12/201626/05/201703/08/2017DutchPDF
Full model31/12/201526/05/201604/08/2016DutchPDF
Full model31/12/201428/05/201509/07/2015DutchPDF
Full model31/12/201330/05/201410/07/2014DutchPDF
Full modelCorrection31/12/201230/05/201310/07/2014DutchPDF
Full model31/12/201230/05/201322/06/2013DutchPDF
Abridged model31/12/201125/05/201218/06/2012DutchPDF
Abridged model31/12/201026/05/201107/06/2011DutchPDF
Abridged model31/12/200927/05/201028/06/2010DutchPDF
Abridged model31/12/200828/05/200920/06/2009DutchPDF
Abridged model31/12/200726/05/200814/07/2008DutchPDF
Abridged model31/12/200624/05/200719/07/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 4 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Capsa BE0821.692.245Represented by Remco Maandag
Director26/05/2016 → 25/05/2028Managing director26/05/2016 → 2022 accountsended
Jan Maandag
Director26/05/2004 → 25/05/2028

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Jaberema NV0449.288.855Represented by Remco Maandag
Director26/05/2016 → 2017 accounts
Elisabeth Christis
Director01/06/2010 → 2015 accounts
Remco Maandag
Director01/06/2010 → 2015 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • 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

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings20 filings
Mandates
Capsa BE
Jan Maandag
Jaberema NV
Remco Maandag
Elisabeth Christis
RENE VAN GRASDORFF
1977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028
VAN GRASDORFF
Pandgatheide(OPP) 10, 2890 Sint-Amands
DirectorManaging director
Director
Director
DirectorManaging director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Pandgatheide(OPP) 10, 2890 Sint-AmandsCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00400976

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
VAN GRASDORFFCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00400976

Events

  1. 2025
    Annual accounts 2025967,8 k €↑
  2. 2024
    Annual accounts 2024817,3 k €↓
  3. 2023
    Annual accounts 20231,4 M €↓
  4. 2022
    Annual accounts 20221,8 M €↑
  5. 2021
    Annual accounts 20211,5 M €↑
  6. 2020
    Annual accounts 20201 M €↑
  7. 2019
    Annual accounts 2019810,5 k €↑
  8. 2018
    Annual accounts 2018513,2 k €↑
  9. 2017
    Annual accounts 2017471,9 k €↓
  10. 2016
    Annual accounts 2016512,3 k €↑
  11. 2015
    Annual accounts 2015407,5 k €↓
  12. 2014
    Annual accounts 2014419,1 k €↓
  13. 2013
    Annual accounts 2013470 k €↑
  14. 2012
    Annual accounts 2012353,9 k €↑
  15. 2011
    Annual accounts 2011308,4 k €↓
  16. 2010
    Annual accounts 2010400,1 k €↓
  17. 2009
    Annual accounts 2009492,6 k €↑
  18. 2008
    Annual accounts 2008328,1 k €↑
  19. 2007
    Annual accounts 2007164,1 k €↑
  20. 2006
    Annual accounts 2006146,8 k €
  21. 28/11/1977
    IncorporationPublic limited company