NORMAL SITUATION

GRUYAERT

Export PDF

Financial year 2025 · closed on 20/06/2025

Net result

24,1 k €

+138.6% YoY

Gross margin

-10,6 k €

-162.4% YoY

Equity

871,3 k €

+2.8% YoY

Company — Normal situation.

What does GRUYAERT do?

GRUYAERT is a company registered in Belgium.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0457.694.894

Legal form

Private company with limited liability

Contributed capital

18 600,00 €

Latest accounts

20/06/2025

Joint committees (2)

Signals

ProfitableSolid equityPositive cashflow

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-10,6 k €	-162%	17 k €	-90.3%	174,7 k €	+58.7%	110,1 k €	-20.5%	138,4 k €	+3.5%	133,8 k €	-39.8%	222,2 k €	+21.2%	183,4 k €	+8.1%	169,6 k €	-25.1%	226,4 k €	+21.2%	186,8 k €	+14.0%	163,8 k €	-16.5%	196,3 k €	+5.9%	185,2 k €	+26.0%	147,1 k €	-26.3%	199,6 k €	-2.2%	204 k €	-13.0%	234,4 k €	+17.9%	198,9 k €	+13.4%	175,3 k €
EBITDA	-10,6 k €	-181%	13,1 k €	-92.1%	164,5 k €	+62.4%	101,3 k €	+1.8%	99,5 k €	+30.0%	76,5 k €	-52.2%	160 k €	+28.9%	124,2 k €	+8.8%	114,1 k €	-24.2%	150,6 k €	+63.9%	91,9 k €	+29.9%	70,8 k €	-28.8%	99,4 k €	+14.9%	86,6 k €	+85.5%	46,7 k €	-49.8%	92,9 k €	-7.6%	100,5 k €	-25.0%	134,1 k €	+39.5%	96,1 k €	+14.4%	84 k €
Operating result	-10,6 k €	-181%	13,1 k €	-91.7%	158,3 k €	+85.1%	85,5 k €	+5.5%	81 k €	+40.4%	57,7 k €	-59.1%	141,2 k €	+52.1%	92,8 k €	+4.0%	89,3 k €	-27.9%	123,8 k €	+93.6%	63,9 k €	+75.8%	36,4 k €	-38.7%	59,3 k €	+11.1%	53,4 k €	+321%	12,7 k €	-77.4%	56,1 k €	-18.0%	68,4 k €	-33.0%	102,1 k €	+61.3%	63,3 k €	+16.0%	54,6 k €
Net result	24,1 k €	+139%	10,1 k €	-90.7%	108,4 k €	+85.0%	58,6 k €	+2.0%	57,5 k €	+82.4%	31,5 k €	-66.7%	94,7 k €	+33.5%	70,9 k €	+16.7%	60,8 k €	-27.7%	84,1 k €	+73.7%	48,4 k €	+34.3%	36 k €	-33.3%	54 k €	+1.2%	53,4 k €	-19.7%	66,5 k €	+18.8%	56 k €	+4.7%	53,4 k €	-38.4%	86,7 k €	+56.7%	55,3 k €	+16.4%	47,5 k €
Balance sheet
Equity	871,3 k €	+2.8%	847,2 k €	+1.2%	837,1 k €	+14.9%	728,7 k €	+8.7%	670,1 k €	+9.4%	612,7 k €	+5.4%	581,2 k €	+19.5%	486,5 k €	+16.6%	417,1 k €	-55.8%	943,1 k €	+9.8%	859 k €	+6.0%	810,6 k €	+4.7%	774,6 k €	-1.4%	785,8 k €	+7.3%	732,4 k €	+10.4%	663,2 k €	+4.5%	634,8 k €	+9.2%	581,4 k €	+17.5%	494,7 k €	+12.6%	439,4 k €
Total assets	871,3 k €	+1.0%	862,9 k €	+0.3%	860,8 k €	+3.9%	828,7 k €	-23.8%	1,1 M €	+4.2%	1 M €	+5.2%	991,6 k €	+10.8%	894,7 k €	-21.1%	1,1 M €	+6.9%	1,1 M €	+10.1%	962,9 k €	+7.5%	896,1 k €	+5.4%	850,2 k €	-9.2%	936,7 k €	+13.4%	825,9 k €	-1.1%	835,2 k €	+10.9%	753,2 k €	+7.1%	703,1 k €	+14.1%	616,4 k €	+5.7%	583,3 k €
Cash	284,1 k €	-3.9%	295,5 k €	+79.5%	164,6 k €	+5.2%	156,5 k €	-62.9%	422,1 k €	+28.1%	329,5 k €	+34.1%	245,7 k €	-52.8%	521,1 k €	+42.3%	366,3 k €	+95.0%	187,9 k €	-63.5%	514,6 k €	+86.1%	276,5 k €	+28.7%	214,8 k €	-42.3%	372,4 k €	-15.6%	441 k €	+14.5%	385 k €	+123%	172,9 k €	-57.5%	406,7 k €	+40.7%	289,1 k €	-8.8%	316,9 k €
Debts	0 €	-100%	15,7 k €	-33.6%	23,7 k €	-76.3%	100 k €	-76.0%	416,9 k €	-3.2%	430,9 k €	+5.0%	410,4 k €	+0.5%	408,3 k €	-42.7%	712,2 k €	+527%	113,6 k €	+12.6%	100,9 k €	+18.0%	85,5 k €	+13.1%	75,6 k €	-49.9%	150,9 k €	+61.3%	93,5 k €	-45.5%	171,6 k €	+45.0%	118,3 k €	-2.2%	121 k €	-0.3%	121,3 k €	-15.6%	143,7 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		1,8 ETP	0.0%	1,8 ETP	-5.3%	1,9 ETP	-5.0%	2,0 ETP	0.0%	2,0 ETP	-13.0%	2,3 ETP	-8.0%	2,5 ETP	+4.2%	2,4 ETP	+9.1%	2,2 ETP	+10.0%	2,0 ETP

Governance

Board of directors

Seen on filing of 20/06/2025 · 2 active · 9 ended

Active mandates

Katleen De Bruyckere

Director · since 01 octobre 2012

Active

Geert Gruyaert

Director · since 05 avril 1996

Active

Ended mandates

Geert Gruyaert

Director

Ended

Geert Gruyaert

Managing director · until 03 juin 2013

Ended

Geert Gruyaert

Managing director · until 04 juin 2013

Ended

Geert Gruyaert

Managing director

Ended

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	20/06/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	6 months	12 months	12 months	12 months	12 months	12 months
Filing date	19/02/2026	26/05/2025	01/08/2024	11/08/2023	05/08/2022	17/08/2021
General meeting	20/06/2025	24/05/2025	03/06/2024	05/06/2023	07/06/2022	07/06/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

30 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	20/06/2025	20/06/2025	19/02/2026	Dutch	PDF
Micro model	31/12/2024	24/05/2025	26/05/2025	Dutch	PDF
Micro model	31/12/2023	03/06/2024	01/08/2024	Dutch	PDF
Micro model	31/12/2022	05/06/2023	11/08/2023	Dutch	PDF
Micro model	31/12/2021	07/06/2022	05/08/2022	Dutch	PDF
Micro model	31/12/2020	07/06/2021	17/08/2021	Dutch	PDF
Micro model	31/12/2019	02/06/2020	27/08/2020	Dutch	PDF
Micro model	31/12/2018	03/06/2019	12/08/2019	Dutch	PDF
Micro model	31/12/2017	04/06/2018	20/07/2018	Dutch	PDF
Micro model	31/12/2016	06/06/2017	11/08/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	22/08/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	10/08/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	12/08/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	18/07/2013	Dutch	PDF
Abridged model	31/12/2011	04/06/2012	20/07/2012	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	21/06/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	29/07/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	30/07/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	26/08/2008	Dutch	PDF
Abridged model	31/12/2006	04/06/2007	29/08/2007	Dutch	PDF
Abridged model	31/12/2005	06/06/2006	25/08/2006	Dutch	PDF
Abridged model	31/12/2004	06/06/2005	30/09/2005	Dutch	PDF
Abridged model	31/12/2003	07/06/2004	14/10/2004	Dutch	PDF
Abridged model	31/12/2002	02/06/2003	28/07/2003	Dutch	PDF

View all 30 filings

Estimate

Indicative valuation

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 20/06/2025 · 2 active · 9 ended

Active mandates

Katleen De Bruyckere

Director · since 01 octobre 2012

Active

Geert Gruyaert

Director · since 05 avril 1996

Active

Ended mandates

Geert Gruyaert

Director

Ended

Geert Gruyaert

Managing director · until 03 juin 2013

Ended

Geert Gruyaert

Managing director · until 04 juin 2013

Ended

Geert Gruyaert

Managing director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Dissolution24/07/2025
RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
PDF
Capital / shares02/02/2018
KAPITAAL - AANDELEN
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 202524,1 k €↑
2025
Name changeGruyaert in vereffening
2024
Annual accounts 202410,1 k €↓
2023
Annual accounts 2023108,4 k €↑
2022
Annual accounts 202258,6 k €↑
2021
Annual accounts 202157,5 k €↑
2021
Name changeGruyaert
2020
Annual accounts 202031,5 k €↓
2019
Annual accounts 201994,7 k €↑
2018
Annual accounts 201870,9 k €↑
2017
Annual accounts 201760,8 k €↓
2016
Annual accounts 201684,1 k €↑
2015
Annual accounts 201548,4 k €↑
2014
Annual accounts 201436 k €↓
2013
Annual accounts 201354 k €↑
2012
Annual accounts 201253,4 k €↓
2011
Annual accounts 201166,5 k €↑
2010
Annual accounts 201056 k €↑
2009
Annual accounts 200953,4 k €↓
2008
Annual accounts 200886,7 k €↑
2007
Annual accounts 200755,3 k €↑
2006
Annual accounts 200647,5 k €

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

GRUYAERT

Overview

What does GRUYAERT do?

Trend over 20 financial years

Board of directors

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