ACTIVE

GROENINGEN

Financial year 2025 · Closed on 31/12/2025

Net result470,6 k €+492,8 %over 1 year
Gross margin2,3 M €+18,9 %over 1 year
Equity13,5 M €+3,6 %over 1 year
Workforce3,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

GROENINGEN is a Public limited company incorporated in 1980. Its main activity is: Plant propagation. Its registered office is in Ninove. It employs on average 3,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0420.579.033
Incorporation
13/05/1980
Legal form
Public limited company
Registered office
Aalstersesteenweg 362 box A
9400 Ninove · FlandreSee on map
Contributed capital
5 597 877,00 €
Latest accounts
31/12/2025
Average workforce
3,0 ETP
Joint committees (1)
  • 144
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin2,3 M €2 M €1,5 M €760,6 k €857,9 k €
EBITDA1,8 M €1,7 M €1,2 M €555 k €539,6 k €
Operating result874,2 k €403,9 k €409,9 k €-231,1 k €-407,2 k €
Net result470,6 k €79,4 k €-234,7 k €-251,6 k €-411,6 k €
Balance sheet
Equity13,5 M €13,1 M €13 M €13,2 M €13,5 M €
Total assets19,8 M €20,4 M €20,3 M €18,3 M €17,8 M €
Cash618,3 k €299,5 k €9,4 k €9 k €27,8 k €
Debts6,2 M €7,2 M €7,1 M €4,8 M €4,1 M €
Other
Workforce3,0 ETP3,0 ETP3,5 ETP3,0 ETP3,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 19 ended

Active mandates

jochen Sienaert

Director · since 12 mai 2022 · until 12 mai 2028

Active
joy Sienaert

Director · since 12 mai 2022 · until 12 mai 2028

Active
Paul Sienaert

Managing director · since 12 mai 2022 · until 12 mai 2028

Active
Valerie Sienaert

Director · since 12 mai 2022 · until 12 mai 2028

Active
Johan Sienaert

Director · since 14 mai 2016 · until 12 mai 2028

Active

Ended mandates

Frank Sienaert

Managing director · since 14 mai 2016 · until 14 mai 2022

Ended
Guy Lanners

Director · since 14 mai 2016 · until 14 mai 2022

Ended
jochen Sienaert

Director · since 14 mai 2016 · until 14 mai 2022

Ended
Johan Sienaert

Director · since 14 mai 2016 · until 14 mai 2022

Ended

Other companies at this address

Aalstersesteenweg 362 9400 Ninove
CompanyCBE no.
CENSIE● Active
0871.951.806
PASIE● Active
1013.047.709
0442.499.845
SIEWIT● Active
1013.048.105
TE RUYSBROECK● Active
0442.305.152

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date30/06/202623/06/202527/06/202401/07/202306/08/202228/06/2021
General meeting11/05/202612/05/202513/05/202414/05/202306/05/202210/05/2021
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
Abridged model31/12/202511/05/202630/06/2026DutchPDF
Abridged model31/12/202412/05/202523/06/2025DutchPDF
Abridged model31/12/202313/05/202427/06/2024DutchPDF
Abridged model31/12/202214/05/202301/07/2023DutchPDF
Abridged model31/12/202106/05/202206/08/2022DutchPDF
Abridged model31/12/202010/05/202128/06/2021DutchPDF
Abridged model31/12/201911/05/202003/06/2020DutchPDF
Abridged model31/12/201813/05/201912/06/2019DutchPDF
Abridged model31/12/201711/05/201806/06/2018DutchPDF
Abridged model31/12/201612/05/201712/06/2017DutchPDF
Abridged model31/12/201512/05/201613/06/2016DutchPDF
Abridged model31/12/201411/05/201529/06/2015DutchPDF
Abridged model31/12/201312/05/201423/06/2014DutchPDF
Abridged model31/12/201213/05/201329/05/2013DutchPDF
Abridged model31/12/201112/05/201211/06/2012DutchPDF
Abridged model31/12/201013/05/201120/06/2011DutchPDF
Abridged model31/12/200914/05/201007/06/2010DutchPDF
Abridged model31/12/200808/05/200908/06/2009DutchPDF
Abridged model31/12/200709/05/200809/06/2008DutchPDF
Abridged model31/12/200611/05/200727/06/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 19 ended

Active mandates

jochen Sienaert

Director · since 12 mai 2022 · until 12 mai 2028

Active
joy Sienaert

Director · since 12 mai 2022 · until 12 mai 2028

Active
Paul Sienaert

Managing director · since 12 mai 2022 · until 12 mai 2028

Active
Valerie Sienaert

Director · since 12 mai 2022 · until 12 mai 2028

Active
Johan Sienaert

Director · since 14 mai 2016 · until 12 mai 2028

Active

Ended mandates

Frank Sienaert

Managing director · since 14 mai 2016 · until 14 mai 2022

Ended
Guy Lanners

Director · since 14 mai 2016 · until 14 mai 2022

Ended
jochen Sienaert

Director · since 14 mai 2016 · until 14 mai 2022

Ended
Johan Sienaert

Director · since 14 mai 2016 · until 14 mai 2022

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates04/03/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other15/02/2024
    DIVERSEN
    PDF
  • Mandates12/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/07/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office13/11/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares07/11/2012
    KAPITAAL - AANDELEN
    PDF
  • Registered office17/10/2012
    MAATSCHAPPELIJKE ZETEL
    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 2025470,6 k €↑
  2. 2024
    Annual accounts 202479,4 k €↑
  3. 2023
    Annual accounts 2023-234,7 k €↑
  4. 2022
    Annual accounts 2022-251,6 k €↑
  5. 2021
    Annual accounts 2021-411,6 k €↑
  6. 2020
    Annual accounts 2020-800,2 k €↓
  7. 2019
    Annual accounts 2019-418,8 k €↓
  8. 2018
    Annual accounts 2018-364,4 k €↓
  9. 2017
    Annual accounts 2017-81,4 k €↑
  10. 2016
    Annual accounts 2016-143,7 k €↓
  11. 2015
    Annual accounts 2015149,3 k €↑
  12. 2014
    Annual accounts 201453,6 k €↓
  13. 2013
    Annual accounts 2013224,5 k €↑
  14. 2012
    Annual accounts 2012103,6 k €↓
  15. 2011
    Annual accounts 2011258,2 k €↓
  16. 2010
    Annual accounts 2010770 k €↑
  17. 2009
    Annual accounts 2009298 k €↓
  18. 2008
    Annual accounts 2008395,1 k €↑
  19. 2007
    Annual accounts 2007147,3 k €↑
  20. 2006
    Annual accounts 200655,5 k €
  21. 13/05/1980
    IncorporationPublic limited company