ACTIVE

DEGROOTE HARBOUR CONSTRUCT

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Financial year 2025 · closed on 31/12/2025

Net result

827,4 k €

+96.0% YoY

Revenue

25,4 M €

+29.8% YoY

Equity

7,3 M €

+12.2% YoY

Workforce

3,1 ETP

+3.3% YoY

What does DEGROOTE HARBOUR CONSTRUCT do?

DEGROOTE HARBOUR CONSTRUCT is a Public limited company incorporated in 1997. Its main activity is: Development of building projects. Its registered office is in Oostende. It employs on average 3,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0459.985.183

Incorporation

06/02/1997

Legal form

Public limited company

Registered office

Leopold III-laan 1
8400 Oostende · FlandreSee on map

Contributed capital

83 082,83 €

Latest accounts

31/12/2025

Average workforce

3,1 ETP

Activities (NACE)

41101Development of building projects· main 68121Buying and selling of own real estate 74142Specialised design activities 41102Development of building projects 63920Other information service activities 63990Other information service activities n.e.c.+5

Joint committees (1)

Contacts

1 public detail availableLog in to view

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ 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
Revenue	25,4 M €	+29.8%	19,6 M €	-12.0%	22,2 M €	-33.2%	33,3 M €	+22.3%	27,2 M €	+128%	11,9 M €	+199%	4 M €	+1499%	249,1 k €	+679%	32 k €		–		–		–		–		–		–		–		–		–		–		–
EBITDA	1,8 M €	+50.2%	1,2 M €	-82.0%	6,8 M €	+57.9%	4,3 M €	+34.1%	3,2 M €	+146%	1,3 M €	+319%	-595 k €	-135%	-253,1 k €	-1056%	-21,9 k €	-229%	-6,7 k €	-8.8%	-6,1 k €	-21.0%	-5,1 k €	+33.9%	-7,6 k €	-166%	-2,9 k €	+3.0%	-3 k €	+0.0%	-3 k €	+41.4%	-5,1 k €	+12.1%	-5,8 k €	+6.4%	-6,2 k €	-135%	17,7 k €
Operating result	1,7 M €	+54.8%	1,1 M €	-83.6%	6,7 M €	+60.0%	4,2 M €	+35.6%	3,1 M €	+162%	1,2 M €	+292%	-612,6 k €	-130%	-266,2 k €	-1025%	-23,7 k €	-255%	-6,7 k €	-8.8%	-6,1 k €	-21.0%	-5,1 k €	+33.9%	-7,6 k €	-166%	-2,9 k €	+3.0%	-3 k €	+0.0%	-3 k €	+41.4%	-5,1 k €	+12.1%	-5,8 k €	+6.4%	-6,2 k €	-135%	17,7 k €
Net result	827,4 k €	+96.0%	422,1 k €	-91.2%	4,8 M €	+50.5%	3,2 M €	+42.7%	2,2 M €	+147%	899,4 k €	+229%	-699,6 k €	-179%	-250,4 k €	-8845%	2,9 k €	-85.5%	19,8 k €	-25.2%	26,5 k €	-42.8%	46,3 k €	+0.2%	46,2 k €	-94.9%	907,8 k €	+3352%	26,3 k €	+1168%	2,1 k €	+4417%	-48,1 €	+97.0%	-1,6 k €	+12.1%	-1,8 k €	-101%	269,1 k €
Balance sheet
Equity	7,3 M €	+12.2%	6,5 M €	+5.8%	6,2 M €	+315%	1,5 M €	-48.1%	2,9 M €	+74.6%	1,6 M €	+121%	742,1 k €	-48.5%	1,4 M €	-14.8%	1,7 M €	+0.2%	1,7 M €	+1.2%	1,7 M €	+1.6%	1,6 M €	+2.9%	1,6 M €	+3.0%	1,6 M €	+141%	642,6 k €	+4.3%	616,3 k €	+0.3%	614,2 k €	-0.0%	614,3 k €	-0.3%	615,9 k €	-0.3%	617,7 k €
Total assets	28,8 M €	+3.3%	27,9 M €	+42.3%	19,6 M €	+39.1%	14,1 M €	+9.9%	12,8 M €	+114%	6 M €	+51.5%	4 M €	+156%	1,5 M €	-9.8%	1,7 M €	+1.2%	1,7 M €	+1.2%	1,7 M €	+1.6%	1,6 M €	+2.9%	1,6 M €	+3.2%	1,6 M €	+141%	643,7 k €	+4.2%	617,8 k €	+0.4%	615,4 k €	+0.1%	615 k €	-0.2%	616,1 k €	-5.8%	653,8 k €
Cash	234,7 k €	-53.3%	502,6 k €	-64.8%	1,4 M €	+468%	251,3 k €	-84.5%	1,6 M €	-54.0%	3,5 M €	+1886%	177,5 k €	+486%	30,3 k €	+25.5%	24,1 k €	-21.4%	30,7 k €	+6835%	442,6 €	-87.2%	3,4 k €	-46.7%	6,5 k €	+131%	2,8 k €	+70.4%	1,6 k €	-70.3%	5,5 k €	+108%	2,7 k €	+20.6%	2,2 k €	-55.3%	4,9 k €	-59.0%	12 k €
Debts	21,1 M €	+0.5%	21 M €	+59.4%	13,2 M €	+4.9%	12,5 M €	+25.9%	10 M €	+129%	4,3 M €	+64.8%	2,6 M €	+2457%	103,2 k €	+388%	21,1 k €	+476%	3,7 k €	-4.7%	3,9 k €	+16.1%	3,3 k €	-13.5%	3,8 k €	+1436%	249,8 €	-77.6%	1,1 k €	-25.8%	1,5 k €	+25.2%	1,2 k €	+75.9%	682,6 €	+248%	196 €	-99.5%	36 k €
Other
Workforce	3,1 ETP	+3.3%	3,0 ETP	+30.4%	2,3 ETP	+15.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	+400%	0,4 ETP		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 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 20 janvier 2017 · until 21 mai 2022 · 0846.724.183

Represented by David Degroote

Ended

DAVID DEGROOTE CONSULTING

Director · since 20 janvier 2017 · until 16 décembre 2022 · 0846.724.183

Represented by David Degroote

Ended

DAVID DEGROOTE CONSULTING

Director · since 20 janvier 2017 · until 21 mai 2022 · 0846.724.183

Represented by David Degroote

Ended

DAVID DEGROOTE CONSULTING

Director · since 20 janvier 2017 · until 21 mai 2022 · 0846.724.183

Represented by David Degroote

Ended

At this address

Other companies at this address

Company	CBE no.
5D● Active	1001.644.764
ACADEMIE INVEST● Active	0785.762.257
ACADEMIE REAL ESTATE● Active	0784.203.329
DEGROOTE HARBOUR DEVELOPMENT● Active	0431.671.774
Degroote Real Estate Construct● Active	0443.821.025
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

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	24/06/2026	24/06/2025	28/06/2024	29/06/2023	21/06/2022	20/08/2021
General meeting	29/05/2026	17/05/2025	18/05/2024	20/05/2023	21/05/2022	15/05/2021
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
Full model	31/12/2025	29/05/2026	24/06/2026	Dutch	PDF
Full model	31/12/2024	17/05/2025	24/06/2025	Dutch	PDF
Full model	31/12/2023	18/05/2024	28/06/2024	Dutch	PDF
Full model	31/12/2022	20/05/2023	29/06/2023	Dutch	PDF
Full model	31/12/2021	21/05/2022	21/06/2022	Dutch	PDF
Full model	31/12/2020	15/05/2021	20/08/2021	Dutch	PDF
Full model	31/12/2019	16/05/2020	09/07/2020	Dutch	PDF
Full model	31/12/2018	18/05/2019	18/06/2019	Dutch	PDF
Full model	31/12/2017	19/05/2018	15/06/2018	Dutch	PDF
Full model	31/12/2016	20/05/2017	20/06/2017	Dutch	PDF
Full model	31/12/2015	21/05/2016	20/06/2016	Dutch	PDF
Full model	31/12/2014	16/05/2015	16/06/2015	Dutch	PDF
Full model	31/12/2013	17/05/2014	16/06/2014	Dutch	PDF
Abridged model	31/12/2012	14/06/2013	16/07/2013	Dutch	PDF
Abridged model	31/12/2011	02/06/2012	29/06/2012	Dutch	PDF
Abridged model	31/12/2010	11/06/2011	08/07/2011	Dutch	PDF
Abridged model	31/12/2009	19/06/2010	13/07/2010	Dutch	PDF
Abridged model	31/12/2008	16/05/2009	12/06/2009	Dutch	PDF
Abridged model	31/12/2007	17/05/2008	12/06/2008	Dutch	PDF
Abridged model	31/12/2006	19/05/2007	19/06/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 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 20 janvier 2017 · until 21 mai 2022 · 0846.724.183

Represented by David Degroote

Ended

DAVID DEGROOTE CONSULTING

Director · since 20 janvier 2017 · until 16 décembre 2022 · 0846.724.183

Represented by David Degroote

Ended

DAVID DEGROOTE CONSULTING

Director · since 20 janvier 2017 · until 21 mai 2022 · 0846.724.183

Represented by David Degroote

Ended

DAVID DEGROOTE CONSULTING

Director · since 20 janvier 2017 · until 21 mai 2022 · 0846.724.183

Represented by David Degroote

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/05/2026
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring26/01/2023
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring03/11/2022
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring03/11/2022
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring03/11/2022
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates28/10/2022
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Other04/03/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates06/01/2022
ONTSLAGEN - BENOEMINGEN
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 2025827,4 k €↑
2024
Annual accounts 2024422,1 k €↓
2023
Annual accounts 20234,8 M €↑
2022
Annual accounts 20223,2 M €↑
2021
Annual accounts 20212,2 M €↑
2020
Annual accounts 2020899,4 k €↑
2019
Annual accounts 2019-699,6 k €↓
2018
Annual accounts 2018-250,4 k €↓
2017
Annual accounts 20172,9 k €↓
2016
Annual accounts 201619,8 k €↓
2016
Name changeDegroote Harbour Construct
2015
Annual accounts 201526,5 k €↓
2014
Annual accounts 201446,3 k €↑
2013
Annual accounts 201346,2 k €↓
2012
Annual accounts 2012907,8 k €↑
2011
Annual accounts 201126,3 k €↑
2010
Annual accounts 20102,1 k €↑
2009
Annual accounts 2009-48,1 €↑
2008
Annual accounts 2008-1,6 k €↑
2007
Annual accounts 2007-1,8 k €↓
2006
Annual accounts 2006269,1 k €
2006
Name changeGROTEL - INVEST
06/02/1997
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

DEGROOTE HARBOUR CONSTRUCT

Overview

What does DEGROOTE HARBOUR CONSTRUCT do?

Trend over 20 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