ACTIVE

GRUUTHUSE PROJECTS

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Financial year 2025 · Closed on 30/06/2025

Net result1,1 M €+558,3 %over 1 year

Gross margin-18,7 k €+56,9 %over 1 year

Equity6,2 M €+21,3 %over 1 year

Identity

Source · BCE/KBO

GRUUTHUSE PROJECTS is a Public limited company incorporated in 1989. Its registered office is in Kortrijk.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0438.772.471
Incorporation: 26/10/1989
Legal form: Public limited company
Registered office: President Kennedypark(Kor) 27 box a
8500 Kortrijk · FlandreSee on map
Contributed capital: 6 965 718,00 €
Latest accounts: 30/06/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

Financials

Source · NBB, 20 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	-18,7 k €	+56.9%	-43,5 k €	-113%	331,9 k €	+2261%	14,1 k €	-85.8%	98,6 k €
EBITDA	-34,1 k €	+37.0%	-54,1 k €	-117%	323,8 k €	+14924%	-2,2 k €	-103%	84,2 k €
Operating result	-59,3 k €	+24.2%	-78,2 k €	-130%	264,3 k €	+392%	-90,5 k €	-429%	-17,1 k €
Net result	1,1 M €	+558%	-237,9 k €	-243%	166,8 k €	+214%	-146,4 k €	+2.0%	-149,3 k €
Balance sheet
Equity	6,2 M €	+21.3%	5,1 M €	-4.4%	5,4 M €	+3.2%	5,2 M €	-2.7%	5,3 M €
Total assets	6,2 M €	-42.7%	10,9 M €	-0.5%	11 M €	-9.4%	12,1 M €	-12.5%	13,8 M €
Cash	165,2 k €	+379%	34,5 k €	-57.9%	81,9 k €	-82.9%	478,9 k €	+365%	103,1 k €
Debts	28,1 k €	-99.4%	4,6 M €	+0.0%	4,6 M €	-22.5%	6 M €	-22.2%	7,7 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

2 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
EUROPROJECT0444.490.820Represented by Peter Eggermont	Directorsince 23/01/2023
PROJECTS IN MOTION0848.322.606Represented by Steven Becaus	Managing directorsince 08/11/2019

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
MARC BEKAERT	Director08/11/2019 → 2021 accounts
MARIE JEANNE PIETERS	Chairman of the board of directors08/11/2019 → 2021 accounts
IGNACE BECAUS	Chairman of the board of directors21/12/2007 → 2012 accountsDirector21/12/2007 → 2008 accounts

Other companies at this address

President Kennedypark(Kor) 27 8500 Kortrijk

Company	CBE no.
BROGNIEZ BRUXELLES MIDI● Active	0821.581.288
BUSINESS BUILDING PARTNER● Active	0429.956.557
Carnea● Active	1010.940.829
Colon River● Active	1010.833.832
FOLLOW - UP● Active	0427.737.930
LINTER● Active	1010.833.139
Management & Building Services● Active	0806.937.258
MARCOMARD● Active	1010.833.535
MAURIWA● Active	0447.881.464
PRISMA CONSTRUCT● Active	0628.842.684
SFH● Active	0792.661.630

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Micro model	Micro model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/01/2026	17/12/2024	28/11/2023	19/12/2022	20/12/2021	07/01/2021
General meeting	14/11/2025	08/11/2024	10/11/2023	11/11/2022	12/11/2021	13/11/2020
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, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	14/11/2025	29/01/2026	Dutch	PDF
Abridged model	30/06/2024	08/11/2024	17/12/2024	Dutch	PDF
Micro model	30/06/2023	10/11/2023	28/11/2023	Dutch	PDF
Micro model	30/06/2022	11/11/2022	19/12/2022	Dutch	PDF
Abridged model	30/06/2021	12/11/2021	20/12/2021	Dutch	PDF
Abridged model	30/06/2020	13/11/2020	07/01/2021	Dutch	PDF
Micro model	30/06/2019	08/11/2019	16/12/2019	Dutch	PDF
Micro model	30/06/2018	09/11/2018	17/12/2018	Dutch	PDF
Micro model	30/06/2017	10/11/2017	12/12/2017	Dutch	PDF
Abridged model	30/06/2016	14/11/2016	02/12/2016	Dutch	PDF
Abridged model	30/06/2015	14/12/2015	12/01/2016	Dutch	PDF
Abridged model	30/06/2014	14/11/2014	04/12/2014	Dutch	PDF
Abridged model	30/06/2013	02/01/2014	31/01/2014	Dutch	PDF
Abridged model	30/06/2012	07/01/2013	31/01/2013	Dutch	PDF
Abridged model	30/06/2011	14/11/2011	12/12/2011	Dutch	PDF
Abridged model	30/06/2010	12/01/2011	31/01/2011	Dutch	PDF
Abridged model	30/06/2009	13/11/2009	11/12/2009	Dutch	PDF
Abridged model	30/06/2008	05/01/2009	09/02/2009	Dutch	PDF
Abridged model	30/06/2007	21/12/2007	16/01/2008	Dutch	PDF
Abridged model	30/06/2006	18/12/2006	11/01/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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.

Board of directors

Source · NBB, accounts to 30/06/2025

2 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
EUROPROJECT0444.490.820Represented by Peter Eggermont	Directorsince 23/01/2023
PROJECTS IN MOTION0848.322.606Represented by Steven Becaus	Managing directorsince 08/11/2019

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
MARC BEKAERT	Director08/11/2019 → 2021 accounts
MARIE JEANNE PIETERS	Chairman of the board of directors08/11/2019 → 2021 accounts
IGNACE BECAUS	Chairman of the board of directors21/12/2007 → 2012 accountsDirector21/12/2007 → 2008 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates06/05/2026
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/10/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/03/2023
ONTSLAGEN - BENOEMINGEN
PDF
Registered office09/04/2020
MAATSCHAPPELIJKE ZETEL
PDF
Mandates03/12/2019
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares11/07/2016
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates20/02/2014
ONTSLAGEN - BENOEMINGEN
PDF
Registered office07/03/2012
MAATSCHAPPELIJKE ZETEL
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings18 filings

Mandates

EUROPROJECT

PROJECTS IN MOTION

MARIE JEANNE PIETERS

MARC BEKAERT

IGNACE BECAUS

19891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

GRUUTHUSE PROJECTSGRUUTHUSE

Oostendestraat 278, 8820 Torhout

Director

Managing director

Managing directorChairman of the board of directors

Managing directorDirector

Chairman of the board of directors

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
President Kennedypark(Kor) 27 bte a, 8500 KortrijkCurrent		CBE
Oostendestraat 278 bte a, 8820 Torhout	accounts 2025	Accounts 2025 · 2026-00018456
Harelbekestraat 17 bte a, 8570 Anzegem	accounts 2024	Accounts 2024 · 2024-00620745
Oostendestraat 278, 8820 Torhout	accounts 2022 → 2023	Accounts 2023 · 2023-00518327

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
GRUUTHUSE PROJECTSCurrent	accounts 2024 → 2025	Accounts 2025 · 2026-00018456
GRUUTHUSE	accounts 2022 → 2023	Accounts 2023 · 2023-00518327

Events

2025
Annual accounts 20251,1 M €↑
2024
Annual accounts 2024-237,9 k €↓
2024
Name changeGRUUTHUSE PROJECTS
2023
Annual accounts 2023166,8 k €↑
2022
Annual accounts 2022-146,4 k €↑
2021
Annual accounts 2021-149,3 k €↑
2020
Annual accounts 2020-4,1 M €↓
2019
Annual accounts 2019244,5 k €↑
2018
Annual accounts 2018-72,9 k €↓
2017
Annual accounts 2017-24,3 k €↑
2016
Annual accounts 2016-84,7 k €↓
2015
Annual accounts 20153,3 M €↑
2014
Annual accounts 2014-69,7 k €↑
2013
Annual accounts 2013-77,5 k €↓
2012
Annual accounts 2012-60,6 k €↑
2011
Annual accounts 2011-121,8 k €↑
2010
Annual accounts 2010-126,1 k €↓
2009
Annual accounts 2009-86,6 k €↓
2008
Annual accounts 200856,7 k €
26/10/1989
IncorporationPublic limited company

GRUUTHUSE PROJECTS

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events