ACTIVE

Degroote Real Estate Construct

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result
20,1 k €
-99,1 %over 1 year
Revenue
28,4 M €
+5,3 %over 1 year
Equity
14,4 M €
+0,1 %over 1 year
Workforce
11,4 ETP
-6,6 %over 1 year

Identity

Source · BCE/KBO

Degroote Real Estate Construct is a Public limited company incorporated in 1991. Its main activity is: Construction of buildings. Its registered office is in Oostende. It employs on average 11,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0443.821.025
Incorporation
29/03/1991
Legal form
Public limited company
Registered office
Leopold III-laan 1
8400 Oostende · FlandreSee on map
Contributed capital
210 827,47 €
Latest accounts
31/12/2025
Average workforce
11,4 ETP
Joint committees (3)
  • 124
  • 200
  • 218
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue28,4 M €27 M €46,4 M €39 M €38,1 M €
EBITDA1 M €3,5 M €2,9 M €2,6 M €8,7 M €
Operating result460,1 k €3,1 M €2,4 M €2,2 M €8,3 M €
Net result20,1 k €2,3 M €1,9 M €1,6 M €6,2 M €
Balance sheet
Equity14,4 M €14,4 M €12,2 M €11,7 M €10 M €
Total assets40,3 M €33,3 M €22,2 M €22,6 M €18,4 M €
Cash741,5 k €455,4 k €2,4 M €1,4 M €6,5 M €
Debts25,1 M €18,4 M €9,7 M €10,6 M €8 M €
Other
Workforce11,4 ETP12,2 ETP15,7 ETP16,5 ETP17,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 30 ended

Active mandates

D4 Consulting

Managing director · since 16 décembre 2021 · until 15 mai 2027 · 0776.341.973

Represented by David Degroote

Active
VASTGOEDGROEP DEGROOTE

Managing director · since 16 décembre 2021 · until 15 mai 2027 · 0778.878.326

Represented by Jan Degroote

Active

Ended mandates

DAVID DEGROOTE CONSULTING

Director · since 18 mai 2019 · until 16 décembre 2021 · 0846.724.183

Represented by David Degroote

Ended
DAVID DEGROOTE CONSULTING

Director · since 18 mai 2019 · until 17 mai 2025 · 0846.724.183

Represented by David Degroote

Ended
JDG Construct

Director · since 18 mai 2019 · until 16 décembre 2021 · 0846.724.381

Represented by Jan Degroote

Ended
JDG Construct

Director · since 18 mai 2019 · until 17 mai 2025 · 0846.724.381

Represented by Jan Degroote

Ended

Other companies at this address

Leopold III-laan 1 8400 Oostende
CompanyCBE no.
5D● Active
1001.644.764
ACADEMIE INVEST● Active
0785.762.257
ACADEMIE REAL ESTATE● Active
0784.203.329
DEGROOTE HARBOUR CONSTRUCT● Active
0459.985.183
DEGROOTE HARBOUR DEVELOPMENT● Active
0431.671.774
DEGROOTE REAL ESTATE DEVELOPMENT● Active
0405.264.218
FLOORMASTERS● Active
0795.175.316
GRAMINEA● Active
0845.919.281
Investments Degroote● Active
0443.821.223
LIVA● Active
1001.648.823
SKY BAR REAL ESTATE● Active
0792.473.766
SKY HOTEL REAL ESTATE● Active
0792.474.954
SKY PARKING REAL ESTATE● Active
0792.471.786
VASTGOEDGROEP DEGROOTE● Active
0778.878.326

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date24/06/202623/06/202528/06/202427/06/202321/06/202220/08/2021
General meeting29/05/202617/05/202518/05/202420/05/202321/05/202215/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for 7 days

Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202529/05/202624/06/2026DutchPDF
Full model31/12/202417/05/202523/06/2025DutchPDF
Full model31/12/202318/05/202428/06/2024DutchPDF
Full model31/12/202220/05/202327/06/2023DutchPDF
Full model31/12/202121/05/202221/06/2022DutchPDF
Full model31/12/202015/05/202120/08/2021DutchPDF
Full model31/12/201916/05/202017/06/2020DutchPDF
Full model31/12/201818/05/201918/06/2019DutchPDF
Full model31/12/201719/05/201815/06/2018DutchPDF
Full model31/12/201620/05/201720/06/2017DutchPDF
Full model31/12/201521/05/201620/06/2016DutchPDF
Full model31/12/201416/05/201516/06/2015DutchPDF
Full model31/12/201317/05/201413/06/2014DutchPDF
Abridged model31/12/201214/06/201316/07/2013DutchPDF
Abridged model31/12/201102/06/201229/06/2012DutchPDF
Abridged model31/12/201011/06/201108/07/2011DutchPDF
Abridged model31/12/200919/06/201013/07/2010DutchPDF
Abridged model31/12/200816/05/200912/06/2009DutchPDF
Abridged model31/12/200717/05/200812/06/2008DutchPDF
Abridged model31/12/200619/05/200720/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

2 active · 30 ended

Active mandates

D4 Consulting

Managing director · since 16 décembre 2021 · until 15 mai 2027 · 0776.341.973

Represented by David Degroote

Active
VASTGOEDGROEP DEGROOTE

Managing director · since 16 décembre 2021 · until 15 mai 2027 · 0778.878.326

Represented by Jan Degroote

Active

Ended mandates

DAVID DEGROOTE CONSULTING

Director · since 18 mai 2019 · until 16 décembre 2021 · 0846.724.183

Represented by David Degroote

Ended
DAVID DEGROOTE CONSULTING

Director · since 18 mai 2019 · until 17 mai 2025 · 0846.724.183

Represented by David Degroote

Ended
JDG Construct

Director · since 18 mai 2019 · until 16 décembre 2021 · 0846.724.381

Represented by Jan Degroote

Ended
JDG Construct

Director · since 18 mai 2019 · until 17 mai 2025 · 0846.724.381

Represented by Jan Degroote

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates11/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring27/06/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring27/06/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring14/03/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring27/02/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates28/10/2022
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other04/03/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF
  • Mandates06/01/2022
    ONTSLAGEN - BENOEMINGEN
    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 202520,1 k €↓
  2. 2024
    Annual accounts 20242,3 M €↑
  3. 2023
    Annual accounts 20231,9 M €↑
  4. 2022
    Annual accounts 20221,6 M €↓
  5. 2021
    Annual accounts 20216,2 M €↑
  6. 2021
    Name changeNV Degroote Real Estate Construct
  7. 2020
    Annual accounts 20201,1 M €↓
  8. 2019
    Annual accounts 20191,7 M €↑
  9. 2018
    Annual accounts 20181,2 M €↑
  10. 2017
    Annual accounts 201783,1 k €↓
  11. 2016
    Annual accounts 2016209,9 k €↓
  12. 2015
    Annual accounts 2015600,8 k €↓
  13. 2014
    Annual accounts 20141,5 M €↑
  14. 2013
    Annual accounts 20131,3 M €↓
  15. 2012
    Annual accounts 20122,5 M €↓
  16. 2011
    Annual accounts 20113,2 M €↑
  17. 2010
    Annual accounts 20103,1 M €↑
  18. 2009
    Annual accounts 20091,6 M €↑
  19. 2008
    Annual accounts 20081,4 M €↑
  20. 2007
    Annual accounts 20071,1 M €↓
  21. 2006
    Annual accounts 20061,1 M €
  22. 2006
    Name changeAlgemene Ondernemingen Degroote
  23. 29/03/1991
    IncorporationPublic limited company