ACTIVE

GRASSI

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Financial year 2025 · Closed on 31/12/2025

Net result256,9 k €+261,4 %over 1 year
Gross margin511,3 k €+144,9 %over 1 year
Equity12,2 M €+2,2 %over 1 year
Workforce0,0 ETP

Identity

Source · BCE/KBO

GRASSI is a Public limited company incorporated in 1990. Its main activity is: Activities of holding companies. Its registered office is in Asse.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0442.713.740
Incorporation
12/12/1990
Legal form
Public limited company
Registered office
Hoogstraat 40
1730 Asse · FlandreSee on map
Contributed capital
3 772 875,18 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin511,3 k €208,7 k €57,4 k €37,2 k €93,1 k €
EBITDA471,8 k €172 k €7,9 k €3,9 k €75,2 k €
Operating result91,6 k €-38,7 k €-154,3 k €-149,6 k €-73,3 k €
Net result256,9 k €71,1 k €-166,3 k €-54,5 k €-9,6 k €
Balance sheet
Equity12,2 M €11,9 M €11,9 M €12 M €12,1 M €
Total assets13,2 M €12,1 M €12,2 M €13,1 M €12,1 M €
Cash208,4 k €226,9 k €126,3 k €917,2 k €3,9 M €
Debts880,5 k €183,7 k €365,2 k €1 M €16,9 k €
Other
Workforce0,0 ETP––––

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 4 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
FIVICAL0892.014.275Represented by Heuninckx Bart
Directorsince 30/09/2019Managing director21/12/2007 → 2023 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Iris Verplancke
Directorlisted until the 2012 accounts

Other companies at this address

Hoogstraat 40 1730 Asse
CompanyCBE no.
BML & Partners● Active
0448.237.592
FIVICAL● Active
0892.014.275
Groep FVL● Active
0783.625.683
Parnord B.V.● Active
1030.369.137
Polymorf● Active
0403.844.553
PRAEMONEO● Active
0473.435.323
SAFIR BOUW● Active
0715.969.866
SIRION● Active
0470.493.847

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelMicro modelMicro modelMicro modelMicro modelAbridged 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 date03/06/202627/05/202507/06/202409/06/202309/06/202208/06/2021
General meeting08/05/202609/05/202510/05/202412/05/202313/05/202214/05/2021
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
Abridged model31/12/202508/05/202603/06/2026DutchPDF
Micro model31/12/202409/05/202527/05/2025DutchPDF
Micro model31/12/202310/05/202407/06/2024DutchPDF
Micro model31/12/202212/05/202309/06/2023DutchPDF
Micro model31/12/202113/05/202209/06/2022DutchPDF
Abridged model31/12/202014/05/202108/06/2021DutchPDF
Abridged model31/12/201915/05/202012/06/2020DutchPDF
Abridged model31/12/201822/05/201914/06/2019DutchPDF
Abridged model31/12/201723/05/201819/06/2018DutchPDF
Abridged model31/12/201624/05/201715/06/2017DutchPDF
Abridged model31/12/201525/05/201621/06/2016DutchPDF
Abridged model31/12/201427/05/201516/06/2015DutchPDF
Abridged model31/12/201328/05/201423/06/2014DutchPDF
Abridged model31/12/201222/05/201313/06/2013DutchPDF
Abridged model31/12/201123/05/201215/06/2012DutchPDF
Abridged model31/12/201025/05/201116/06/2011DutchPDF
Abridged model31/12/200926/05/201007/06/2010DutchPDF
Abridged model31/12/200827/05/200925/06/2009DutchPDF
Abridged model31/12/200728/05/200824/06/2008DutchPDF
Abridged model31/12/200623/05/200704/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 31/12/2025

1 active · 4 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
FIVICAL0892.014.275Represented by Heuninckx Bart
Directorsince 30/09/2019Managing director21/12/2007 → 2023 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Iris Verplancke
Directorlisted until the 2012 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office26/11/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other16/10/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates08/10/2019
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/08/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office01/03/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates06/11/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/07/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares06/02/2012
    ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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
Filings20 filings
Mandates
FIVICAL
Iris Verplancke
Johan Van Der Putten
Naturel
Filip Van Langenhove
1990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
GRASSI
Hoogstraat 40, 1730 AsseBrusselsesteenweg 310, 1730 Asse
DirectorManaging director
Director
Director
Director
Managing director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Hoogstraat 40, 1730 AsseCurrent
accounts 2025
Accounts 2025 · 2026-00138237
Brusselsesteenweg 310, 1730 Asse
accounts 2021 → 2024
Accounts 2024 · 2025-00106881

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
GRASSICurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00138237

Events

  1. 2025
    Annual accounts 2025256,9 k €↑
  2. 2024
    Annual accounts 202471,1 k €↑
  3. 2023
    Annual accounts 2023-166,3 k €↓
  4. 2022
    Annual accounts 2022-54,5 k €↓
  5. 2021
    Annual accounts 2021-9,6 k €↑
  6. 2020
    Annual accounts 2020-39,8 k €↑
  7. 2019
    Annual accounts 2019-367 k €↓
  8. 2018
    Annual accounts 20182,5 M €↑
  9. 2017
    Annual accounts 201753,1 k €↓
  10. 2016
    Annual accounts 20164,1 M €↑
  11. 2015
    Annual accounts 20152 M €↑
  12. 2014
    Annual accounts 2014938,1 k €↑
  13. 2013
    Annual accounts 201378,7 k €↓
  14. 2012
    Annual accounts 20121,1 M €↓
  15. 2011
    Annual accounts 20111,2 M €↑
  16. 2010
    Annual accounts 2010352,8 k €↑
  17. 2009
    Annual accounts 20091,4 k €↑
  18. 2008
    Annual accounts 200869 €↓
  19. 2007
    Annual accounts 20077,8 k €↑
  20. 2006
    Annual accounts 20063,8 k €
  21. 12/12/1990
    IncorporationPublic limited company