ACTIVE

GROUT TECHNIEK

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Financial year 2025 · closed on 31/12/2025

Net result

383,5 k €

-12.0% YoY

Gross margin

1,3 M €

-6.1% YoY

Equity

2 M €

+11.4% YoY

Workforce

6,9 ETP

-4.2% YoY

What does GROUT TECHNIEK do?

GROUT TECHNIEK is a Private limited company incorporated in 1987. Its registered office is in Aalst. It employs on average 6,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0431.575.170

Incorporation

07/07/1987

Legal form

Private limited company

Registered office

Victor Bocquéstraat 11
9300 Aalst · FlandreSee on map

Contributed capital

17 015,74 €

Latest accounts

31/12/2025

Average workforce

6,9 ETP

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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
Gross margin	1,3 M €	-6.1%	1,4 M €	-12.0%	1,6 M €	+6.5%	1,5 M €	+10.9%	1,4 M €	-3.8%	1,4 M €	+4.0%	1,4 M €	+2.1%	1,3 M €	+19.1%	1,1 M €	-14.5%	1,3 M €	+28.0%	1 M €	+37.1%	740 k €	+17.5%	630 k €	-30.8%	911 k €	+6.6%	854,6 k €	+0.4%	850,9 k €	+84.8%	460,4 k €	-24.9%	612,9 k €	+76.1%	348 k €	-0.1%	348,4 k €
EBITDA	601,7 k €	+34.0%	449 k €	-50.3%	903,5 k €	-0.6%	909,3 k €	+39.4%	652,3 k €	-7.4%	704,7 k €	+42.9%	493,1 k €	-30.8%	713 k €	+36.7%	521,6 k €	+13.1%	461,1 k €	-14.7%	540,4 k €	+101%	269,4 k €	+20.2%	224,1 k €	-54.7%	494,7 k €	+5.7%	468,2 k €	+4.0%	450,1 k €	+212%	144,2 k €	-40.9%	244,2 k €	+190%	84,2 k €	-27.3%	115,9 k €
Operating result	513,5 k €	-14.9%	603,3 k €	-24.6%	800,1 k €	-1.1%	809,4 k €	+40.3%	577 k €	-6.4%	616,3 k €	+50.2%	410,4 k €	-37.1%	652,2 k €	+34.6%	484,7 k €	+16.9%	414,7 k €	-17.5%	502,5 k €	+143%	207,2 k €	+34.7%	153,8 k €	-65.9%	450,7 k €	+3.0%	437,7 k €	+9.1%	401,2 k €	+273%	107,5 k €	-48.6%	209,1 k €	+309%	51,1 k €	-41.8%	87,7 k €
Net result	383,5 k €	-12.0%	435,6 k €	-26.5%	592,4 k €	-0.6%	596,1 k €	+41.4%	421,6 k €	-5.3%	445,3 k €	+61.5%	275,7 k €	-39.3%	454,2 k €	+47.7%	307,4 k €	+18.9%	258,6 k €	-18.4%	316,9 k €	+153%	125,2 k €	+53.3%	81,6 k €	-66.6%	244,2 k €	-22.9%	317 k €	+20.2%	263,6 k €	+215%	83,8 k €	-31.3%	122 k €	+1611%	7,1 k €	-86.0%	50,9 k €
Balance sheet
Equity	2 M €	+11.4%	1,8 M €	-9.4%	2 M €	+12.5%	1,8 M €	+5.1%	1,7 M €	+32.0%	1,3 M €	-22.9%	1,6 M €	+20.3%	1,4 M €	-19.3%	1,7 M €	+22.3%	1,4 M €	+23.1%	1,1 M €	+39.4%	804 k €	+18.4%	678,9 k €	+13.7%	597,3 k €	+69.2%	353 k €	-54.1%	769,1 k €	+52.2%	505,4 k €	+19.9%	421,7 k €	+40.7%	299,7 k €	+2.4%	292,6 k €
Total assets	2,2 M €	-4.7%	2,4 M €	-16.6%	2,8 M €	-11.3%	3,2 M €	+22.9%	2,6 M €	-14.1%	3 M €	+16.8%	2,6 M €	-5.1%	2,7 M €	+5.2%	2,6 M €	+31.5%	2 M €	+33.1%	1,5 M €	+16.5%	1,3 M €	-13.4%	1,5 M €	-4.1%	1,5 M €	+16.2%	1,3 M €	+8.0%	1,2 M €	+17.0%	1 M €	-18.7%	1,3 M €	+16.4%	1,1 M €	+1.8%	1,1 M €
Cash	1,2 M €	+31.8%	905,7 k €	-0.9%	914,3 k €	-37.5%	1,5 M €	+55.2%	942,9 k €	-35.1%	1,5 M €	+102%	719 k €	+36.7%	525,9 k €	-55.0%	1,2 M €	+39.2%	839,5 k €	+48.3%	566,2 k €	+31.4%	430,9 k €	+17.8%	365,8 k €	+33.6%	273,8 k €	-12.4%	312,6 k €	+156%	122,3 k €	-28.2%	170,4 k €	-45.3%	311,2 k €	+56.3%	199,1 k €	-0.9%	201 k €
Debts	194 k €	-61.9%	508,9 k €	-4.2%	531,4 k €	-52.1%	1,1 M €	+84.7%	600,4 k €	-58.0%	1,4 M €	+130%	621,3 k €	-39.9%	1 M €	+79.8%	575,3 k €	+119%	263,1 k €	-26.4%	357,4 k €	-23.1%	465 k €	-40.9%	786,4 k €	-14.2%	916,2 k €	-1.8%	932,7 k €	+123%	419 k €	-18.4%	513,6 k €	-39.2%	844,3 k €	+7.3%	786,7 k €	+2.2%	769,6 k €
Other
Workforce	6,9 ETP	-4.2%	7,2 ETP	0.0%	7,2 ETP	+14.3%	6,3 ETP	-18.2%	7,7 ETP	-6.1%	8,2 ETP	0.0%	8,2 ETP	-2.4%	8,4 ETP	+7.7%	7,8 ETP	+20.0%	6,5 ETP	-7.1%	7,0 ETP	0.0%	7,0 ETP	+11.1%	6,3 ETP	-3.1%	6,5 ETP	+8.3%	6,0 ETP	+9.1%	5,5 ETP	+3.8%	5,3 ETP	-3.6%	5,5 ETP	+14.6%	4,8 ETP	0.0%	4,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 16 ended

Active mandates

Robert Wiedemeijer

Director · since 24 novembre 2021

Active

T.F.G. Holding Bv

Director · since 24 novembre 2021

Represented by Ronald Cleijsen

Active

Ended mandates

T.F.G. Holding BV

Director · since 24 novembre 2021

Represented by Ronald Cleijsen

Ended

LDS CONSTRUCT

Manager · since 12 avril 2012 · 0809.673.945

Represented by Lieven De Schrijver

Ended

LDS CONSTRUCT

Manager · since 12 avril 2012 · until 16 mars 2017 · 0809.673.945

Represented by Lieven De Schrijver

Ended

R.B.J. Cleijsen

Director · since 12 avril 2012

Ended

At this address

Other companies at this address

Company	CBE no.
JR3 BRICKS● Active	1034.796.097

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	10/06/2025	20/06/2024	12/06/2023	08/06/2022	16/06/2021
General meeting	23/02/2026	03/06/2025	04/06/2024	06/06/2023	07/06/2022	01/06/2021
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	23/02/2026	30/06/2026	Dutch	PDF
Abridged model	31/12/2024	03/06/2025	10/06/2025	Dutch	PDF
Abridged model	31/12/2023	04/06/2024	20/06/2024	Dutch	PDF
Abridged model	31/12/2022	06/06/2023	12/06/2023	Dutch	PDF
Abridged model	31/12/2021	07/06/2022	08/06/2022	Dutch	PDF
Abridged model	31/12/2020	01/06/2021	16/06/2021	Dutch	PDF
Abridged model	31/12/2019	02/06/2020	24/07/2020	Dutch	PDF
Abridged model	31/12/2018	04/06/2019	27/06/2019	Dutch	PDF
Abridged model	31/12/2017	23/08/2018	27/08/2018	Dutch	PDF
Abridged model	31/12/2016	08/08/2017	21/08/2017	Dutch	PDF
Abridged model	31/12/2015	07/06/2016	16/06/2016	Dutch	PDF
Abridged model	31/12/2014	02/06/2015	17/07/2015	Dutch	PDF
Abridged model	31/12/2013	03/06/2014	07/07/2014	Dutch	PDF
Abridged model	31/12/2012	04/06/2013	20/06/2013	Dutch	PDF
Abridged model	31/12/2011	05/06/2012	18/06/2012	Dutch	PDF
Abridged model	31/12/2010	07/06/2011	09/06/2011	Dutch	PDF
Abridged model	31/12/2009	01/06/2010	11/06/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	02/06/2009	Dutch	PDF
Abridged model	31/12/2007	03/06/2008	06/06/2008	Dutch	PDF
Abridged model	31/12/2006	05/06/2007	05/07/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 16 ended

Active mandates

Robert Wiedemeijer

Director · since 24 novembre 2021

Active

T.F.G. Holding Bv

Director · since 24 novembre 2021

Represented by Ronald Cleijsen

Active

Ended mandates

T.F.G. Holding BV

Director · since 24 novembre 2021

Represented by Ronald Cleijsen

Ended

LDS CONSTRUCT

Manager · since 12 avril 2012 · 0809.673.945

Represented by Lieven De Schrijver

Ended

LDS CONSTRUCT

Manager · since 12 avril 2012 · until 16 mars 2017 · 0809.673.945

Represented by Lieven De Schrijver

Ended

R.B.J. Cleijsen

Director · since 12 avril 2012

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other21/09/2026
DIVERSEN
PDF
Mandates08/05/2026
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring05/03/2026
BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring12/11/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates06/12/2021
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/04/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/05/2012
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025383,5 k €↓
2024
Annual accounts 2024435,6 k €↓
2023
Annual accounts 2023592,4 k €↓
2022
Annual accounts 2022596,1 k €↑
2021
Annual accounts 2021421,6 k €↓
2020
Annual accounts 2020445,3 k €↑
2019
Annual accounts 2019275,7 k €↓
2018
Annual accounts 2018454,2 k €↑
2017
Annual accounts 2017307,4 k €↑
2016
Annual accounts 2016258,6 k €↓
2015
Annual accounts 2015316,9 k €↑
2014
Annual accounts 2014125,2 k €↑
2013
Annual accounts 201381,6 k €↓
2012
Annual accounts 2012244,2 k €↓
2011
Annual accounts 2011317 k €↑
2010
Annual accounts 2010263,6 k €↑
2009
Annual accounts 200983,8 k €↓
2008
Annual accounts 2008122 k €↑
2007
Annual accounts 20077,1 k €↓
2006
Annual accounts 200650,9 k €
07/07/1987
IncorporationPrivate 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

GROUT TECHNIEK

Overview

What does GROUT TECHNIEK do?

Trend over 20 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