ACTIVE

GRAMARBO

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Financial year 2025 · closed on 31/12/2025

Net result

-14,1 k €

-6.3% YoY

Gross margin

7,8 k €

+6.7% YoY

Equity

10,3 k €

-57.9% YoY

What does GRAMARBO do?

GRAMARBO is a Public limited company incorporated in 1995. Its main activity is: Cutting, shaping and finishing of stone. Its registered office is in Waregem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0454.978.005

Incorporation

08/04/1995

Legal form

Public limited company

Registered office

Spijkerlaan 117
8791 Waregem · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

23700Cutting, shaping and finishing of stone· main 43350Building completion and finishing 43990Other specialised construction activities n.e.c.

Contacts

2 public details availableLog in to view

Signals

Good liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	7,8 k €	+6.7%	7,3 k €	+152%	2,9 k €	+135%	-8,4 k €	-1.8%	-8,2 k €	-128%	29,2 k €	-32.4%	43,1 k €	-0.9%	43,5 k €	-38.9%	71,2 k €	+46.9%	48,5 k €	-4.0%	50,5 k €	+75.8%	28,7 k €	-3.4%	29,8 k €	+340%	-12,4 k €	-112%	104,8 k €	+86.0%	56,3 k €	-4.9%	59,2 k €	+65.3%	35,8 k €	-15.8%	42,5 k €
EBITDA	5,5 k €	-11.0%	6,2 k €	+186%	2,2 k €	+124%	-9,1 k €	+3.7%	-9,4 k €	-134%	27,7 k €	-34.4%	42,3 k €	-1.2%	42,8 k €	-38.2%	69,3 k €	+46.4%	47,3 k €	-4.6%	49,6 k €	+78.2%	27,8 k €	+0.6%	27,7 k €	+204%	-26,5 k €	-128%	95,6 k €	+74.4%	54,8 k €	+2.9%	53,3 k €	+59.6%	33,4 k €	-15.0%	39,3 k €
Operating result	-9,3 k €	-3.7%	-9 k €	+14.1%	-10,5 k €	+19.5%	-13 k €	+22.5%	-16,8 k €	-365%	6,3 k €	-57.4%	14,9 k €	+4.7%	14,2 k €	-64.7%	40,2 k €	+217%	12,7 k €	-12.6%	14,5 k €	+199%	-14,6 k €	+9.7%	-16,1 k €	+79.2%	-77,7 k €	-271%	45,4 k €	+84.5%	24,6 k €	-8.6%	26,9 k €	+100%	13,4 k €	-16.4%	16,1 k €
Net result	-14,1 k €	-6.3%	-13,3 k €	+4.3%	-13,9 k €	-21.3%	-11,4 k €	+22.6%	-14,8 k €	-424%	4,6 k €	-65.6%	13,2 k €	+47.3%	9 k €	-73.9%	34,5 k €	+437%	6,4 k €	+4.1%	6,2 k €	+130%	-20,8 k €	+25.8%	-28,1 k €	-84.9%	-15,2 k €	-159%	25,8 k €	+30.8%	19,8 k €	-24.9%	26,3 k €	+221%	8,2 k €	-82.1%	45,7 k €
Balance sheet
Equity	10,3 k €	-57.9%	24,4 k €	-35.3%	37,7 k €	-26.9%	51,5 k €	-18.2%	63 k €	-28.7%	88,3 k €	+3.5%	85,4 k €	+3.9%	82,1 k €	+12.3%	73,1 k €	+44.3%	50,7 k €	+14.5%	44,3 k €	+16.2%	38,1 k €	-35.4%	58,9 k €	-32.3%	87 k €	-14.9%	102,2 k €	+11.9%	91,4 k €	+27.6%	71,6 k €	+58.0%	45,3 k €	+22.1%	37,1 k €
Total assets	211,7 k €	-7.7%	229,4 k €	-16.2%	273,9 k €	+32.8%	206,3 k €	+19.8%	172,2 k €	-15.3%	203,4 k €	-3.9%	211,7 k €	+16.8%	181,4 k €	-4.4%	189,8 k €	-8.6%	207,6 k €	+1.0%	205,4 k €	-0.1%	205,7 k €	-17.4%	249,1 k €	-14.5%	291,2 k €	-17.8%	354,3 k €	+22.6%	289 k €	+7.2%	269,5 k €	+28.5%	209,7 k €	-2.8%	215,8 k €
Cash	4,8 k €	-31.7%	7,1 k €	+53.2%	4,6 k €	+28.3%	3,6 k €	-37.0%	5,7 k €	-20.4%	7,2 k €	-25.9%	9,7 k €	+22.4%	7,9 k €	+2.1%	7,7 k €	-7.2%	8,3 k €	+1515%	515,7 €	+399%	103,4 €	-61.3%	267,5 €	-76.9%	1,2 k €	-99.0%	111 k €	+61.5%	68,7 k €	+30.9%	52,5 k €	+31.2%	40 k €	-9.5%	44,2 k €
Debts	200,8 k €	-2.0%	204,9 k €	-8.5%	224,1 k €	+50.3%	149,1 k €	+36.5%	109,3 k €	-5.0%	115 k €	-9.0%	126,4 k €	+27.3%	99,2 k €	-14.9%	116,6 k €	-25.7%	156,9 k €	-2.7%	161,2 k €	-3.8%	167,6 k €	-11.9%	190,2 k €	-6.9%	204,2 k €	-13.4%	235,7 k €	+31.0%	179,9 k €	+0.5%	179,1 k €	+24.2%	144,3 k €	-8.3%	157,3 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 21 ended

Active mandates

Christophe Vandenberghe

Managing director · since 26 février 2026 · until 23 mai 2031

Active

Veerle Servayse

Managing director · since 26 février 2026 · until 23 mai 2031

Active

Ended mandates

Christophe Vandenberghe

Chairman of the board of directors · since 30 juin 2023 · until 25 mai 2029

Ended

CHRIVANTEX

Managing director · since 30 juin 2023 · until 25 mai 2029 · 0473.688.612

Represented by Servayse VEERLE

Ended

CHRIVANTEX

Managing director · since 30 juin 2023 · until 25 mai 2029 · 0473.688.612

Represented by Servayse VEERLE

Ended

Christophe Vandenberghe

Chairman of the board of directors · since 24 avril 2017 · until 30 juin 2023

Ended

At this address

Other companies at this address

Company	CBE no.
CHRIVANTEX● Active	0473.688.612
CREVINA● Active	0454.456.579

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	15/07/2026	17/07/2025	19/07/2024	26/07/2023	26/07/2022	30/08/2021
General meeting	30/06/2026	30/06/2025	29/06/2024	30/06/2023	30/06/2022	30/06/2021
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
Micro model	31/12/2025	30/06/2026	15/07/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	17/07/2025	Dutch	PDF
Micro model	31/12/2023	29/06/2024	19/07/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	26/07/2023	Dutch	PDF
Micro model	31/12/2021	30/06/2022	26/07/2022	Dutch	PDF
Micro model	31/12/2020	30/06/2021	30/08/2021	Dutch	PDF
Micro model	31/12/2019	31/08/2020	06/10/2020	Dutch	PDF
Micro model	31/12/2018	31/05/2019	30/08/2019	Dutch	PDF
Micro model	31/12/2017	25/05/2018	07/08/2018	Dutch	PDF
Micro model	31/12/2016	24/04/2017	28/04/2017	Dutch	PDF
Abridged model	31/12/2015	27/05/2016	15/08/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	08/06/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	08/07/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	19/06/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	07/06/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	08/06/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	25/06/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	02/06/2009	Dutch	PDF
Abridged model	31/12/2007	30/05/2008	02/06/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	11/06/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 21 ended

Active mandates

Christophe Vandenberghe

Managing director · since 26 février 2026 · until 23 mai 2031

Active

Veerle Servayse

Managing director · since 26 février 2026 · until 23 mai 2031

Active

Ended mandates

Christophe Vandenberghe

Chairman of the board of directors · since 30 juin 2023 · until 25 mai 2029

Ended

CHRIVANTEX

Managing director · since 30 juin 2023 · until 25 mai 2029 · 0473.688.612

Represented by Servayse VEERLE

Ended

CHRIVANTEX

Managing director · since 30 juin 2023 · until 25 mai 2029 · 0473.688.612

Represented by Servayse VEERLE

Ended

Christophe Vandenberghe

Chairman of the board of directors · since 24 avril 2017 · until 30 juin 2023

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/03/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/09/2017
ONTSLAGEN - BENOEMINGEN
PDF
Registered office24/01/2012
MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
PDF
Mandates27/06/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/05/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/12/2005
ONTSLAGEN - BENOEMINGEN
PDF
Registered office23/08/2005
MAATSCHAPPELIJKE ZETEL
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 2025-14,1 k €↓
2024
Annual accounts 2024-13,3 k €↑
2023
Annual accounts 2023-13,9 k €↓
2022
Annual accounts 2022-11,4 k €↑
2021
Annual accounts 2021-14,8 k €↓
2019
Annual accounts 20194,6 k €↓
2018
Annual accounts 201813,2 k €↑
2017
Annual accounts 20179 k €↓
2016
Annual accounts 201634,5 k €↑
2015
Annual accounts 20156,4 k €↑
2014
Annual accounts 20146,2 k €↑
2013
Annual accounts 2013-20,8 k €↑
2012
Annual accounts 2012-28,1 k €↓
2011
Annual accounts 2011-15,2 k €↓
2010
Annual accounts 201025,8 k €↑
2009
Annual accounts 200919,8 k €↓
2008
Annual accounts 200826,3 k €↑
2007
Annual accounts 20078,2 k €↓
2006
Annual accounts 200645,7 k €
08/04/1995
IncorporationPublic 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

GRAMARBO

Overview

What does GRAMARBO do?

Trend over 19 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