ACTIVE

GRONDMAATSCHAPPIJ VAN BELGIE

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Financial year 2025 · closed on 31/12/2025

Net result

1,5 M €

+102.4% YoY

Gross margin

2,7 M €

+50.3% YoY

Equity

52,1 M €

+2.9% YoY

Workforce

0,0 ETP

What does GRONDMAATSCHAPPIJ VAN BELGIE do?

GRONDMAATSCHAPPIJ VAN BELGIE is a Public limited company incorporated in 1986. Its main activity is: Management consultancy activities. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0429.600.330

Incorporation

16/10/1986

Legal form

Public limited company

Registered office

Kernenergiestraat 19 box T8
2610 Antwerpen · FlandreSee on map

Contributed capital

7 898 588,81 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	2,7 M €	+50.3%	1,8 M €	+0.1%	1,8 M €	-21.4%	2,3 M €	-11.0%	2,6 M €	+21.7%	2,1 M €	-42.3%	3,7 M €		–		–		–		–		–		–		2,8 M €	-2.1%	2,9 M €	+82.1%	1,6 M €	-64.8%	4,5 M €
EBITDA	2,2 M €	+52.1%	1,4 M €	-6.8%	1,5 M €	-11.9%	1,7 M €	-39.7%	2,9 M €	+54.0%	1,9 M €	-47.2%	3,5 M €	-0.9%	3,6 M €	+95.9%	1,8 M €	-56.6%	4,2 M €	+29.6%	3,2 M €	+13.6%	2,8 M €	+38.0%	2,1 M €	-10.0%	2,3 M €	-6.4%	2,4 M €	+92.4%	1,3 M €	-66.2%	3,8 M €
Operating result	987 k €	+436%	184 k €	-51.9%	382,8 k €	-45.3%	700,4 k €	-62.5%	1,9 M €	+142%	771,9 k €	-74.6%	3 M €	-2.6%	3,1 M €	+129%	1,4 M €	-55.0%	3 M €	+27.6%	2,4 M €	+4.1%	2,3 M €	+46.6%	1,6 M €	-12.2%	1,8 M €	-3.7%	1,8 M €	+138%	773,9 k €	-76.2%	3,2 M €
Net result	1,5 M €	+102%	717,8 k €	-52.3%	1,5 M €	+124%	672,4 k €	+77.3%	379,2 k €	-33.8%	572,5 k €	-76.1%	2,4 M €	-69.6%	7,9 M €	+1407%	521,4 k €	-74.9%	2,1 M €	+230%	-1,6 M €	-149%	3,3 M €	-50.5%	6,7 M €	+217%	2,1 M €	+39.5%	1,5 M €	+72.6%	871,8 k €	-81.5%	4,7 M €
Balance sheet
Equity	52,1 M €	+2.9%	50,6 M €	+1.4%	49,9 M €	+3.1%	48,4 M €	+9.8%	44,1 M €	+0.9%	43,7 M €	+0.7%	43,4 M €	+5.8%	41 M €	+12.1%	36,6 M €	+1.4%	36,1 M €	+5.1%	34,3 M €	-4.5%	35,9 M €	+10.1%	32,6 M €	+25.6%	26 M €	+5.5%	24,6 M €	+6.5%	23,1 M €	+3.5%	22,3 M €
Total assets	82,5 M €	+2.7%	80,3 M €	+2.2%	78,6 M €	+2.3%	76,8 M €	+8.2%	71 M €	-10.6%	79,4 M €	+4.5%	76 M €	-1.6%	77,2 M €	-5.4%	81,6 M €	+7.1%	76,2 M €	+1.2%	75,3 M €	+1.1%	74,5 M €	+11.6%	66,8 M €	+5.3%	63,4 M €	+3.1%	61,5 M €	-1.2%	62,2 M €	+12.7%	55,2 M €
Cash	448,3 k €	-46.6%	839,3 k €	-45.8%	1,5 M €	+63.8%	944,7 k €	-15.0%	1,1 M €	-74.8%	4,4 M €	+1737%	240,4 k €	-41.9%	414 k €	-83.7%	2,5 M €	+14.6%	2,2 M €	+30.1%	1,7 M €	+1456%	109,2 k €	-97.9%	5,2 M €	+72.0%	3 M €	+1239%	227,1 k €	-97.1%	7,7 M €	+362%	1,7 M €
Debts	27,7 M €	+2.8%	27 M €	+4.1%	25,9 M €	+0.5%	25,8 M €	+10.7%	23,3 M €	-25.9%	31,5 M €	+7.3%	29,3 M €	-8.9%	32,2 M €	-18.5%	39,5 M €	+13.6%	34,7 M €	-1.5%	35,3 M €	+5.8%	33,4 M €	+26.0%	26,5 M €	-14.8%	31,1 M €	+0.2%	31 M €	-9.0%	34,1 M €	+23.8%	27,5 M €
Other
Workforce	0,0 ETP		0,0 ETP	-100%	0,2 ETP	-90.5%	2,1 ETP	+200%	0,7 ETP	0.0%	0,7 ETP	0.0%	0,7 ETP	0.0%	0,7 ETP	-94.0%	11,6 ETP	-21.1%	14,7 ETP	+21.5%	12,1 ETP	+36.0%	8,9 ETP	+7.2%	8,3 ETP	+7.8%	7,7 ETP	-10.5%	8,6 ETP	+48.3%	5,8 ETP	+18.4%	4,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 37 ended

Active mandates

Industrie hotelière et immobilière

Managing director · since 01 février 2024 · until 17 mai 2030 · 0402.868.714

Represented by Jochen Debucquoy

Active

Joachim Debucquoy

Managing director · since 01 février 2024 · until 17 mai 2030

Active

Seagull Decor

Managing director · since 01 février 2024 · until 17 mai 2030 · 0421.640.093

Represented by Jonathan DEBUCQUOY

Active

Ended mandates

Industrie hotelière et immobilière

Managing director · since 01 février 2024 · until 01 février 2030 · 0402.868.714

Represented by Jochen DEBUCQUOY

Ended

Joachim Debucquoy

Managing director · since 01 février 2024 · until 01 février 2030

Ended

Seagull Decor

Managing director · since 01 février 2024 · until 01 février 2030 · 0421.640.093

Represented by Jonathan DEBUCQUOY

Ended

Industrie hotelière et immobilière

Managing director · since 01 février 2022 · until 01 février 2028 · 0402.868.714

Represented by Jochen DEBUCQUOY

Ended

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Annual accounts

Full financial information

	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	01/01/2025	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	30/06/2026	30/06/2025	12/07/2024	31/08/2023	29/08/2022	15/07/2021
General meeting	10/06/2026	30/06/2025	28/06/2024	31/08/2023	15/08/2022	15/07/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	10/06/2026	30/06/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	30/06/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	12/07/2024	Dutch	PDF
Abridged model	31/12/2022	31/08/2023	31/08/2023	Dutch	PDF
Abridged model	31/12/2021	15/08/2022	29/08/2022	Dutch	PDF
Abridged model	31/12/2020	15/07/2021	15/07/2021	Dutch	PDF
Abridged model	31/12/2019	26/06/2020	15/07/2020	Dutch	PDF
Abridged model	31/12/2018	25/06/2019	15/07/2019	Dutch	PDF
Abridged model	31/12/2017	26/06/2018	19/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	31/07/2017	Dutch	PDF
Full model	31/12/2015	29/06/2016	24/08/2016	Dutch	PDF
Full model	31/12/2014	30/06/2015	28/07/2015	Dutch	PDF
Full model	31/12/2013	24/06/2014	11/07/2014	Dutch	PDF
Full model	31/12/2012	17/05/2013	19/08/2013	Dutch	PDF
Full model	31/12/2011	18/05/2012	31/08/2012	Dutch	PDF
Full model	31/12/2010	20/05/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	21/05/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	15/05/2009	28/08/2009	Dutch	PDF
Abridged model	31/12/2007	16/05/2008	29/08/2008	Dutch	PDF
Abridged model	31/12/2006	18/05/2007	31/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 37 ended

Active mandates

Industrie hotelière et immobilière

Managing director · since 01 février 2024 · until 17 mai 2030 · 0402.868.714

Represented by Jochen Debucquoy

Active

Joachim Debucquoy

Managing director · since 01 février 2024 · until 17 mai 2030

Active

Seagull Decor

Managing director · since 01 février 2024 · until 17 mai 2030 · 0421.640.093

Represented by Jonathan DEBUCQUOY

Active

Ended mandates

Industrie hotelière et immobilière

Managing director · since 01 février 2024 · until 01 février 2030 · 0402.868.714

Represented by Jochen DEBUCQUOY

Ended

Joachim Debucquoy

Managing director · since 01 février 2024 · until 01 février 2030

Ended

Seagull Decor

Managing director · since 01 février 2024 · until 01 février 2030 · 0421.640.093

Represented by Jonathan DEBUCQUOY

Ended

Industrie hotelière et immobilière

Managing director · since 01 février 2022 · until 01 février 2028 · 0402.868.714

Represented by Jochen DEBUCQUOY

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office17/04/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates18/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring04/11/2021
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Restructuring26/08/2021
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Other10/05/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office01/03/2021
MAATSCHAPPELIJKE ZETEL
PDF
Mandates09/12/2020
ONTSLAGEN - BENOEMINGEN
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 20251,5 M €↑
2024
Annual accounts 2024717,8 k €↓
01/02/2024
nominationJoachim Debucquoy — lid van de raad van bestuur
01/02/2024
nominationJochen Debucquoy — vaste vertegenwoordiger (Industrie Hotelière et Immobilière)
01/02/2024
nominationJonathan Debucquoy — vaste vertegenwoordiger (Seagull Decor)
2023
Annual accounts 20231,5 M €↑
2022
Annual accounts 2022672,4 k €↑
01/02/2022
nominationJonathan Debucquoy — vaste vertegenwoordiger
01/02/2022
nominationJochen Debucquoy — vaste vertegenwoordiger
2018
Annual accounts 2018379,2 k €↓
2017
Annual accounts 2017572,5 k €↓
2016
Annual accounts 20162,4 M €↓
2015
Annual accounts 20157,9 M €↑
2014
Annual accounts 2014521,4 k €↓
2013
Annual accounts 20132,1 M €↑
2012
Annual accounts 2012-1,6 M €↓
2011
Annual accounts 20113,3 M €↓
2010
Annual accounts 20106,7 M €↑
2009
Annual accounts 20092,1 M €↑
2008
Annual accounts 20081,5 M €↑
2007
Annual accounts 2007871,8 k €↓
2006
Annual accounts 20064,7 M €
16/10/1986
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

GRONDMAATSCHAPPIJ VAN BELGIE

Overview

What does GRONDMAATSCHAPPIJ VAN BELGIE do?

Trend over 17 financial years

Indicative valuation

Board of directors

Other companies at this address

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