ACTIVE

GROVAK

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Financial year 2025 · Closed on 31/12/2025

Net result4 k €+104,0 %over 1 year
Gross margin30,4 k €+17,4 %over 1 year
Equity58,3 k €+7,4 %over 1 year

Identity

Source · BCE/KBO

GROVAK is a Private limited company incorporated in 1990. Its registered office is in Brugge.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0440.959.921
Incorporation
11/07/1990
Legal form
Private limited company
Registered office
Hooistraat 38
8000 Brugge · FlandreSee on map
Contributed capital
163 750,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 302
Signals
ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin30,4 k €25,9 k €32,6 k €28,9 k €21,2 k €
EBITDA28,5 k €23,8 k €30,8 k €27,2 k €19,5 k €
Operating result8,6 k €3,9 k €10,9 k €10,8 k €3,1 k €
Net result4 k €-101,4 k €8,9 k €8,5 k €25,6 €
Balance sheet
Equity58,3 k €54,2 k €155,6 k €146,7 k €138,2 k €
Total assets204,6 k €222,4 k €518,9 k €530 k €534,2 k €
Cash3,9 k €646,2 €1,3 k €2,5 k €940,3 €
Debts144,2 k €165,6 k €363,3 k €383,3 k €396 k €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 1 ended

Active mandates

PAUL DEMEULEMEESTER

Director

Active

Ended mandates

PAUL DEMEULEMEESTER

Administrator - manager

Ended

Other companies at this address

Hooistraat 38 8000 Brugge
CompanyCBE no.
NIEUW MUSEUM● Active
0894.806.489

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date15/07/202624/07/202528/08/202427/06/202325/07/202202/07/2021
General meeting27/06/202628/06/202529/06/202417/06/202325/06/202220/06/2021
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
Micro model31/12/202527/06/202615/07/2026DutchPDF
Micro model31/12/202428/06/202524/07/2025DutchPDF
Micro model31/12/202329/06/202428/08/2024DutchPDF
Micro model31/12/202217/06/202327/06/2023DutchPDF
Micro model31/12/202125/06/202225/07/2022DutchPDF
Micro model31/12/202020/06/202102/07/2021DutchPDF
Micro model31/12/201920/06/202007/07/2020DutchPDF
Micro model31/12/201822/06/201918/07/2019DutchPDF
Micro model31/12/201716/06/201831/08/2018DutchPDF
Micro model31/12/201630/06/201728/07/2017DutchPDF
Abridged model31/12/201531/07/201631/08/2016DutchPDF
Abridged model31/12/201431/07/201528/08/2015DutchPDF
Abridged model31/12/201331/05/201430/08/2014DutchPDF
Abridged model31/12/201225/05/201331/08/2013DutchPDF
Abridged model31/12/201126/05/201221/08/2012DutchPDF
Abridged model31/12/201028/05/201128/11/2011DutchPDF
Abridged model31/12/200929/05/201030/08/2010DutchPDF
Abridged model31/12/200830/05/200928/10/2009DutchPDF
Abridged model31/12/200731/05/200813/08/2008DutchPDF
Abridged model31/12/200629/05/200728/09/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/12/2025

1 active · 1 ended

Active mandates

PAUL DEMEULEMEESTER

Director

Active

Ended mandates

PAUL DEMEULEMEESTER

Administrator - manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates25/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Registered office31/05/2013
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office24/10/2011
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares15/01/2008
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office07/04/2004
    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 20254 k €↑
  2. 2024
    Annual accounts 2024-101,4 k €↓
  3. 2023
    Annual accounts 20238,9 k €↑
  4. 2022
    Annual accounts 20228,5 k €↑
  5. 2021
    Annual accounts 202125,6 €↑
  6. 2020
    Annual accounts 2020-11,3 k €↓
  7. 2019
    Annual accounts 20196,5 k €↑
  8. 2018
    Annual accounts 20186 k €↑
  9. 2017
    Annual accounts 2017-772,9 €↑
  10. 2016
    Annual accounts 2016-26,6 k €↑
  11. 2015
    Annual accounts 2015-70,2 k €↓
  12. 2014
    Annual accounts 2014-14,2 k €↓
  13. 2013
    Annual accounts 201324,5 k €↑
  14. 2012
    Annual accounts 2012-6,9 k €↓
  15. 2011
    Annual accounts 2011208 k €↑
  16. 2010
    Annual accounts 2010-23 k €↓
  17. 2009
    Annual accounts 2009-18,8 k €↑
  18. 2008
    Annual accounts 2008-20,4 k €↑
  19. 2007
    Annual accounts 2007-37,2 k €↓
  20. 2006
    Annual accounts 20066,9 k €
  21. 11/07/1990
    IncorporationPrivate limited company