ACTIVE

OSG DAVID GRINDING SERVICES

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Financial year 2025 · Closed on 30/11/2025

Net result341,3 k €-6,3 %over 1 year

Gross margin2,2 M €+5,1 %over 1 year

Equity2,2 M €+11,2 %over 1 year

Workforce19,1 ETP+2,7 %over 1 year

Identity

Source · BCE/KBO

OSG DAVID GRINDING SERVICES is a Private limited company incorporated in 1983. Its main activity is: Forging, pressing, stamping and roll-forming of metal; powder metallurgy. Its registered office is in Kuurne. It employs on average 19,1 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0424.653.132
Incorporation: 10/10/1983
Legal form: Private limited company
Registered office: Heirweg 82
8520 Kuurne · FlandreSee on map
Contributed capital: 87 000,00 €
Latest accounts: 30/11/2025
Average workforce: 19,1 ETP

Activities (NACE)

25530Forging, pressing, stamping and roll-forming of metal; powder metallurgy· main 25620Machining 25999Manufacture of other fabricated metal products n.e.c.25999Manufacture of other fabricated metal products n.e.c.28520Manufacture of machinery and equipment n.e.c.28755Manufacture of machinery and equipment n.e.c.

Joint committees (4)

111
11101
209
20900

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	2,2 M €	+5.1%	2,1 M €	+7.0%	2 M €	+17.2%	1,7 M €	+11.7%	1,5 M €
EBITDA	818,6 k €	+4.0%	787,3 k €	+7.1%	734,9 k €	+18.1%	622,2 k €	+7.3%	579,7 k €
Operating result	474,7 k €	-7.0%	510,4 k €	+9.4%	466,4 k €	+33.5%	349,5 k €	+16.5%	300 k €
Net result	341,3 k €	-6.3%	364,2 k €	+13.0%	322,4 k €	+27.3%	253,1 k €	+15.4%	219,4 k €
Balance sheet
Equity	2,2 M €	+11.2%	2 M €	+13.6%	1,7 M €	+13.7%	1,5 M €	+12.1%	1,4 M €
Total assets	3,9 M €	+7.2%	3,6 M €	+3.3%	3,5 M €	+30.6%	2,7 M €	+32.0%	2 M €
Cash	220,7 k €	-39.4%	363,9 k €	+67.5%	217,2 k €	-41.6%	372,2 k €	+53.9%	241,9 k €
Debts	1,7 M €	+2.4%	1,6 M €	-6.9%	1,8 M €	+53.0%	1,1 M €	+72.7%	662,7 k €
Other
Workforce	19,1 ETP	+2.7%	18,6 ETP	+2.2%	18,2 ETP	+10.3%	16,5 ETP	+3.1%	16,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 30/11/2025

2 active · 8 ended

Active mandates

LUC VANHOOREWEDER

Director

Active

OSAWA HIDEAKI

Director

Active

Ended mandates

Luc Vanhooreweder

Director · since 29 mai 2015

Ended

Luc Vanhooreweder

Manager · since 29 mai 2015

Ended

Osawa Hideaki

Director · since 29 mai 2015

Ended

Osawa Hideaki

Manager · since 29 mai 2015

Ended

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/12/2024	01/12/2023	01/12/2022	01/12/2021	01/12/2020	01/12/2019
Closing of the financial year	30/11/2025	30/11/2024	30/11/2023	30/11/2022	30/11/2021	30/11/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	21/05/2026	19/05/2025	30/05/2024	15/05/2023	17/05/2022	31/05/2021
General meeting	09/05/2026	10/05/2025	11/05/2024	13/05/2023	14/05/2022	08/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/11/2025	09/05/2026	21/05/2026	Dutch	PDF
Abridged model	30/11/2024	10/05/2025	19/05/2025	Dutch	PDF
Abridged model	30/11/2023	11/05/2024	30/05/2024	Dutch	PDF
Abridged model	30/11/2022	13/05/2023	15/05/2023	Dutch	PDF
Abridged model	30/11/2021	14/05/2022	17/05/2022	Dutch	PDF
Abridged model	30/11/2020	08/05/2021	31/05/2021	Dutch	PDF
Abridged model	30/11/2019	09/05/2020	04/06/2020	Dutch	PDF
Abridged model	30/11/2018	11/05/2019	24/05/2019	Dutch	PDF
Abridged model	30/11/2017	12/05/2018	30/05/2018	Dutch	PDF
Abridged model	30/11/2016	13/05/2017	23/05/2017	Dutch	PDF
Abridged model	30/11/2015	14/05/2016	19/05/2016	Dutch	PDF
Abridged model	30/09/2014	14/03/2015	26/03/2015	Dutch	PDF
Abridged model	31/12/2012	21/06/2013	05/07/2013	Dutch	PDF
Abridged model	31/12/2011	15/06/2012	21/06/2012	Dutch	PDF
Abridged model	31/12/2010	17/06/2011	23/06/2011	Dutch	PDF
Abridged model	31/12/2009	18/06/2010	15/07/2010	Dutch	PDF
Abridged model	31/12/2008	19/06/2009	03/07/2009	Dutch	PDF
Abridged model	31/12/2007	20/06/2008	02/07/2008	Dutch	PDF
Abridged model	31/12/2006	15/06/2007	20/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 30/11/2025

2 active · 8 ended

Active mandates

LUC VANHOOREWEDER

Director

Active

OSAWA HIDEAKI

Director

Active

Ended mandates

Luc Vanhooreweder

Director · since 29 mai 2015

Ended

Luc Vanhooreweder

Manager · since 29 mai 2015

Ended

Osawa Hideaki

Director · since 29 mai 2015

Ended

Osawa Hideaki

Manager · since 29 mai 2015

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates07/07/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Restructuring07/01/2016
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring08/10/2015
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates05/10/2015
BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/06/2015
ONTSLAGEN - BENOEMINGEN
PDF
Other03/01/2014
BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates13/05/2009
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares24/06/2004
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

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

See the Business plan

Timeline

2025
Annual accounts 2025341,3 k €↓
2024
Annual accounts 2024364,2 k €↑
2023
Annual accounts 2023322,4 k €↑
2022
Annual accounts 2022253,1 k €↑
2021
Annual accounts 2021219,4 k €↑
2020
Annual accounts 2020165,1 k €↑
2019
Annual accounts 201917,3 k €↓
2018
Annual accounts 2018157,8 k €↓
2017
Annual accounts 2017189,8 k €↑
2016
Annual accounts 2016145,1 k €↓
2015
Annual accounts 2015166,1 k €↑
2014
Annual accounts 20146,6 k €↓
2012
Annual accounts 201241,3 k €↑
2011
Annual accounts 2011-12,3 k €↓
2010
Annual accounts 20102,1 k €↓
2009
Annual accounts 200924,9 k €↑
2008
Annual accounts 2008-22,9 k €↓
2007
Annual accounts 2007-6,1 k €↓
2006
Annual accounts 200670 k €
10/10/1983
IncorporationPrivate limited company

OSG DAVID GRINDING SERVICES

Overview

Identity

Financials

Valuation

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

Timeline