ACTIVE

DE VROE GROEP

Financial year 2025 · closed on 31/12/2025
Net result
72,8 k €
-78.9% YoY
Revenue
598,8 k €
+1.9% YoY
Equity
2,8 M €
+2.7% YoY
Workforce
2,0 ETP
+5.3% YoY

What does DE VROE GROEP do?

DE VROE GROEP is a Public limited company incorporated in 1997. Its registered office is in Merelbeke-Melle. It employs on average 2,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0462.100.377
Incorporation
12/12/1997
Legal form
Public limited company
Registered office
Fraterstraat 109A
9820 Merelbeke-Melle · FlandreSee on map
Contributed capital
961 001,97 €
Latest accounts
31/12/2025
Average workforce
2,0 ETP
Joint committees (3)
  • 100
  • 200
  • 218
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201620152014201320122011201020092008
Income statement
Revenue598,8 k €587,5 k €557,9 k €517,2 k €546,6 k €538,7 k €576,1 k €
EBITDA90,4 k €213 k €182,1 k €143,9 k €192,1 k €171,7 k €188,7 k €202,2 k €258,4 k €195,5 k €151,2 k €88,1 k €150,4 k €190 k €205 k €190,4 k €169,5 k €160,5 k €
Operating result82,3 k €203,9 k €172,2 k €138,3 k €187,9 k €168,4 k €173,1 k €173,5 k €231,3 k €169,4 k €122,4 k €65,8 k €131,7 k €139,3 k €131,4 k €116,4 k €96,6 k €103,6 k €
Net result72,8 k €345,7 k €415,5 k €76,9 k €111,5 k €92,2 k €77 k €81,7 k €110,4 k €88,4 k €81 k €196,2 k €48 k €41,4 k €144,7 k €30,4 k €18,6 k €25,5 k €
Balance sheet
Equity2,8 M €2,7 M €2,4 M €2 M €1,9 M €1,8 M €1,7 M €1,6 M €1,5 M €1,4 M €1,3 M €1,2 M €635,8 k €1 M €1 M €861,7 k €831,3 k €812,6 k €
Total assets3,9 M €3,6 M €3,6 M €3,3 M €3,1 M €3,1 M €2,9 M €2,9 M €3,1 M €3 M €2,3 M €2,4 M €2,4 M €2,3 M €2,3 M €2,2 M €2,1 M €2,1 M €
Cash45,5 k €97,2 k €58,7 k €67,7 k €92,8 k €31,2 k €99,2 k €67,6 k €117,1 k €22,1 k €11,5 k €20,4 k €43,7 k €22,2 k €87,1 k €39,4 k €33,9 k €9,4 k €
Debts1,1 M €856,6 k €1,2 M €1,3 M €1,2 M €1,3 M €1,2 M €1,3 M €1,5 M €1,6 M €1 M €1,2 M €1,7 M €1,2 M €1,3 M €1,3 M €1,3 M €1,3 M €
Other
Workforce2,0 ETP1,9 ETP2,1 ETP2,0 ETP1,8 ETP2,6 ETP1,7 ETP3,0 ETP3,7 ETP3,3 ETP3,7 ETP4,7 ETP5,2 ETP5,0 ETP4,1 ETP4,2 ETP4,0 ETP3,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

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

Active mandates

DE VROE GRIJP

Managing director · since 01 avril 2025 · 0464.663.949

Represented by Johan De Vroe

Active
Ingrid Grijp

Director · since 01 avril 2025

Active

Ended mandates

Ingrid Grijp

Director · since 04 juin 2022 · until 03 juin 2028

Ended
Ingrid Grijp

Director · since 04 juin 2022

Ended
Johan De Vroe

Managing director · since 04 juin 2022 · until 03 juin 2028

Ended
Johan De Vroe

Managing director · since 04 juin 2022

Ended
At this address

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Annual accounts

Full financial information

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 date24/07/202625/07/202522/07/202413/07/202315/07/202212/07/2021
General meeting27/06/202628/06/202522/06/202424/06/202324/06/202212/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202527/06/202624/07/2026DutchPDF
Full model31/12/202428/06/202525/07/2025DutchPDF
Full model31/12/202322/06/202422/07/2024DutchPDF
Full model31/12/202224/06/202313/07/2023DutchPDF
Full model31/12/202124/06/202215/07/2022DutchPDF
Full model31/12/202012/06/202112/07/2021DutchPDF
Full model31/12/201915/07/202021/08/2020DutchPDF
Abridged model31/12/201829/06/201931/07/2019DutchPDF
Abridged model31/12/201723/06/201831/07/2018DutchPDF
Abridged model31/12/201624/06/201712/07/2017DutchPDF
Abridged model31/12/201504/06/201629/07/2016DutchPDF
Abridged model31/12/201406/06/201514/08/2015DutchPDF
Abridged model31/12/201307/06/201422/08/2014DutchPDF
Abridged model31/12/201201/06/201314/08/2013DutchPDF
Abridged model31/12/201102/06/201215/06/2012DutchPDF
Abridged model31/12/201004/06/201105/07/2011DutchPDF
Abridged model31/12/200905/06/201024/06/2010DutchPDF
Abridged model31/12/200806/06/200925/06/2009DutchPDF
Abridged model31/12/200707/06/200814/07/2008DutchPDF
Abridged model31/12/200602/06/200705/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 12 ended

Active mandates

DE VROE GRIJP

Managing director · since 01 avril 2025 · 0464.663.949

Represented by Johan De Vroe

Active
Ingrid Grijp

Director · since 01 avril 2025

Active

Ended mandates

Ingrid Grijp

Director · since 04 juin 2022 · until 03 juin 2028

Ended
Ingrid Grijp

Director · since 04 juin 2022

Ended
Johan De Vroe

Managing director · since 04 juin 2022 · until 03 juin 2028

Ended
Johan De Vroe

Managing director · since 04 juin 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Capital / shares04/08/2026
    KAPITAAL - AANDELEN
    PDF
  • Mandates20/06/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other14/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - ALGEMENE VERGADERING
    PDF
  • Mandates09/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/09/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office06/06/2014
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares17/02/2014
    BENAMING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates02/09/2010
    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

Timeline

  1. 2025
    Annual accounts 202572,8 k €
  2. 2024
    Annual accounts 2024345,7 k €
  3. 2023
    Annual accounts 2023415,5 k €
  4. 2022
    Annual accounts 202276,9 k €
  5. 2021
    Annual accounts 2021111,5 k €
  6. 2020
    Annual accounts 202092,2 k €
  7. 2019
    Annual accounts 201977 k €
  8. 2018
    Annual accounts 201881,7 k €
  9. 2017
    Annual accounts 2017110,4 k €
  10. 2016
    Annual accounts 201688,4 k €
  11. 2015
    Annual accounts 201581 k €
  12. 2014
    Annual accounts 2014196,2 k €
  13. 2013
    Annual accounts 201348 k €
  14. 2012
    Annual accounts 201241,4 k €
  15. 2011
    Annual accounts 2011144,7 k €
  16. 2010
    Annual accounts 201030,4 k €
  17. 2009
    Annual accounts 200918,6 k €
  18. 2008
    Annual accounts 200825,5 k €
  19. 12/12/1997
    IncorporationPublic limited company