ACTIVE

Grondbank

Financial year 2025 · Closed on 31/12/2025

Net result
1,1 M €
+126,1 %over 1 year
Revenue
4,2 M €
+7,4 %over 1 year
Equity
1,6 M €
+214,7 %over 1 year
Workforce
22,5 ETP
+8,2 %over 1 year

Identity

Source · BCE/KBO

Grondbank is a Non-profit organization incorporated in 1996. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Bruxelles. It employs on average 22,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0457.868.110
Incorporation
19/03/1996
Legal form
Non-profit organization
Registered office
Avenue des Arts 20
1000 Bruxelles · BruxellesSee on map
Latest accounts
31/12/2025
Average workforce
22,5 ETP
Joint committees (2)
  • 200
  • 335
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue4,2 M €3,9 M €
EBITDA989,8 k €512,3 k €387,8 k €205,2 k €391,6 k €
Operating result1,1 M €502,3 k €351,9 k €189,5 k €385 k €
Net result1,1 M €473,8 k €206,8 k €48,6 k €268,6 k €
Balance sheet
Equity1,6 M €498,9 k €25,1 k €-181,8 k €-230,4 k €
Total assets4,2 M €3 M €4 M €4,5 M €4,1 M €
Cash185,5 k €350,8 k €392,3 k €459,5 k €232,8 k €
Debts489 k €514,1 k €1,9 M €2,5 M €2,3 M €
Other
Workforce22,5 ETP20,8 ETP20,9 ETP20,0 ETP19,9 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

4 active · 16 ended

Active mandates

Bernard Vanheusden

Director · until 29 avril 2027

Active
EMBUILD

Director · until 29 avril 2027 · 0406.479.092

Represented by Caroline Deiteren

Active
Fédération belge des Entrepreneurs de Travaux de Voirie

Director · until 29 avril 2027 · 0407.405.641

Represented by Eli Desmedt

Active

Ended mandates

EMBUILD

Director · since 23 avril 2015 · until 11 mai 2021 · 0406.479.092

Represented by Silke Hoebeek

Ended
EMBUILD

Director · since 23 avril 2015 · until 11 mai 2021 · 0406.479.092

Represented by Nicola Loxham

Ended
EMBUILD

Director · since 23 avril 2015 · until 11 mai 2021 · 0406.479.092

Represented by Marc Dillen

Ended
Fédération belge des Entrepreneurs de Travaux de Voirie

Director · since 23 avril 2015 · until 11 mai 2021 · 0407.405.641

Represented by Eli Desmedt

Ended

Other companies at this address

Avenue des Arts 20 1000 Bruxelles
CompanyCBE no.
AEDIFICASActive
0836.284.312
0525.796.814
0409.018.415
0461.612.904
BUILD EUROPEActive
0410.819.942
0409.088.887
EMBUILDActive
0406.479.092
Embuild CobestaActive
0881.247.374
0867.867.512
EMBUILD PLUSActive
0407.590.139
0896.192.304
0409.023.957
0417.190.070
0409.355.044
0407.590.634
0688.919.140
0848.452.268
0407.590.931
0409.378.305
0409.566.662

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date14/07/202629/06/202501/07/202414/06/202303/06/202230/04/2021
General meeting26/06/202618/06/202514/06/202414/06/202313/05/202230/04/2021
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 model31/12/202526/06/202614/07/2026DutchPDF
Abridged model31/12/202418/06/202529/06/2025DutchPDF
Abridged model31/12/202314/06/202401/07/2024DutchPDF
Abridged model31/12/202214/06/202314/06/2023DutchPDF
Abridged model31/12/202113/05/202203/06/2022DutchPDF
Abridged model31/12/202030/04/202130/04/2021DutchPDF
Abridged model31/12/201923/04/202026/05/2020DutchPDF
Abridged model31/12/201825/04/201922/05/2019DutchPDF
Abridged model31/12/201723/04/201803/05/2018DutchPDF
Abridged model31/12/201616/05/201729/05/2017DutchPDF
Abridged model31/12/201528/04/201611/05/2016DutchPDF
Abridged model31/12/201423/04/201505/05/2015DutchPDF
Abridged model31/12/201324/03/201415/04/2014DutchPDF
Abridged model31/12/201229/04/201321/05/2013DutchPDF
Abridged model31/12/201127/04/201208/05/2012DutchPDF
Abridged model31/12/201021/03/201104/04/2011DutchPDF
Abridged model31/12/200929/03/201010/05/2010DutchPDF
Abridged model31/12/200824/03/200922/04/2009DutchPDF
Abridged model31/12/200720/03/200808/04/2008DutchPDF
Abridged model31/12/200629/03/200710/04/2007DutchPDF

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

4 active · 16 ended

Active mandates

Bernard Vanheusden

Director · until 29 avril 2027

Active
EMBUILD

Director · until 29 avril 2027 · 0406.479.092

Represented by Caroline Deiteren

Active
Fédération belge des Entrepreneurs de Travaux de Voirie

Director · until 29 avril 2027 · 0407.405.641

Represented by Eli Desmedt

Active

Ended mandates

EMBUILD

Director · since 23 avril 2015 · until 11 mai 2021 · 0406.479.092

Represented by Silke Hoebeek

Ended
EMBUILD

Director · since 23 avril 2015 · until 11 mai 2021 · 0406.479.092

Represented by Nicola Loxham

Ended
EMBUILD

Director · since 23 avril 2015 · until 11 mai 2021 · 0406.479.092

Represented by Marc Dillen

Ended
Fédération belge des Entrepreneurs de Travaux de Voirie

Director · since 23 avril 2015 · until 11 mai 2021 · 0407.405.641

Represented by Eli Desmedt

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates26/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/12/2023
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates08/03/2022
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/11/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/02/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/05/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/06/2017
    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 20251,1 M €
  2. 2024
    Annual accounts 2024473,8 k €
  3. 2023
    Annual accounts 2023206,8 k €
  4. 2022
    Annual accounts 202248,6 k €
  5. 2021
    Annual accounts 2021268,6 k €
  6. 2020
    Annual accounts 2020366,4 k €
  7. 2019
    Annual accounts 2019199,6 k €
  8. 2018
    Annual accounts 2018-73,8 k €
  9. 2017
    Annual accounts 2017351,2 k €
  10. 2016
    Annual accounts 20167,8 k €
  11. 2015
    Annual accounts 20158,5 k €
  12. 2014
    Annual accounts 20149,1 k €
  13. 2013
    Annual accounts 2013-5,7 k €
  14. 2012
    Annual accounts 201212,9 k €
  15. 2011
    Annual accounts 2011-11,6 k €
  16. 2010
    Annual accounts 201015 k €
  17. 2009
    Annual accounts 200913,5 k €
  18. 2008
    Annual accounts 200811,3 k €
  19. 19/03/1996
    IncorporationNon-profit organization