ACTIVE

GROVERO

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Financial year 2025 · closed on 31/12/2025

Net result

165,4 k €

-88.3% YoY

Gross margin

117,8 k €

+22.3% YoY

Equity

2,1 M €

+1.4% YoY

What does GROVERO do?

GROVERO is a Public limited company incorporated in 2001. Its main activity is: Specialised construction activities. Its registered office is in Tongeren-Borgloon.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0475.143.414

Incorporation

29/06/2001

Legal form

Public limited company

Registered office

Sittardstraat 48
3840 Tongeren-Borgloon · FlandreSee on map

Contributed capital

375 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

43410Specialised construction activities· main 43910Roofing activities 45220Maintenance and repair of motor vehicles 47521Retail sale of hardware, paints and glass in specialised stores 47521Retail sale of hardware, paints and glass in specialised stores 52461Warehousing and support activities for transportation+3

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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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
Gross margin	117,8 k €	+22.3%	96,3 k €	+10.1%	87,4 k €	-2.3%	89,5 k €	+5.3%	85 k €	-1.0%	85,8 k €	-0.9%	86,6 k €	-19.9%	108 k €	+56.4%	69,1 k €	-3.0%	71,3 k €	-1.6%	72,4 k €	+2.0%	71 k €	+2.5%	69,3 k €	-1.1%	70 k €	+1.7%	68,9 k €	+0.6%	68,4 k €	+0.2%	68,3 k €	+2.9%	66,4 k €	+6.9%	62,1 k €	+5.2%	59 k €
EBITDA	112,8 k €	+23.9%	91 k €	+9.8%	82,9 k €	-3.4%	85,8 k €	+5.4%	81,4 k €	-1.0%	82,2 k €	-1.1%	83,2 k €	-20.5%	104,7 k €	+59.1%	65,8 k €	-3.1%	67,9 k €	-1.8%	69,1 k €	+2.1%	67,7 k €	+2.6%	66 k €	-1.2%	66,8 k €	+1.6%	65,7 k €	+0.5%	65,4 k €	+0.3%	65,2 k €	+2.9%	63,4 k €	+7.2%	59,1 k €	+2.0%	57,9 k €
Operating result	104,2 k €	+26.4%	82,4 k €	+13.1%	72,9 k €	+0.1%	72,8 k €	+6.4%	68,4 k €	-1.2%	69,2 k €	-1.3%	70,1 k €	-23.5%	91,6 k €	+73.7%	52,8 k €	-3.8%	54,9 k €	-2.2%	56,1 k €	+2.6%	54,7 k €	+3.2%	53 k €	-1.5%	53,8 k €	+2.0%	52,7 k €	+0.6%	52,4 k €	+0.4%	52,2 k €	+8.6%	48,1 k €	+15.9%	41,5 k €	+2.9%	40,3 k €
Net result	165,4 k €	-88.3%	1,4 M €	+2617%	52,1 k €	+0.3%	51,9 k €	+7.3%	48,4 k €	+0.6%	48,1 k €	+2.9%	46,7 k €	-22.7%	60,4 k €	+101%	30 k €	+14.8%	26,2 k €	-1.7%	26,6 k €	-14.4%	31,1 k €	+8.6%	28,6 k €	+2.4%	28 k €	+5.9%	26,4 k €	+3.4%	25,5 k €	-7.7%	27,7 k €	-61.2%	71,2 k €	+361%	15,5 k €	-2.3%	15,8 k €
Balance sheet
Equity	2,1 M €	+1.4%	2,1 M €	+140%	871,2 k €	+6.4%	819,1 k €	+6.8%	767,2 k €	+6.7%	718,8 k €	+7.2%	670,7 k €	+7.5%	624 k €	+10.7%	563,6 k €	+5.6%	533,5 k €	+5.2%	507,3 k €	+5.5%	480,7 k €	+6.9%	449,6 k €	+0.8%	446 k €	+6.7%	418 k €	+6.7%	391,6 k €	+7.0%	366,1 k €	+8.2%	338,4 k €	+26.7%	267,2 k €	+6.1%	251,8 k €
Total assets	2,6 M €	+7.3%	2,4 M €	+174%	883,5 k €	+1.9%	867,1 k €	+7.1%	809,3 k €	+4.2%	776,6 k €	+1.2%	767,1 k €	+2.1%	751,2 k €	-0.2%	752,7 k €	+2.1%	737 k €	+1.5%	726 k €	+1.4%	715,7 k €	+1.7%	703,6 k €	-1.2%	712,1 k €	+3.4%	688,6 k €	-1.4%	698,1 k €	+1.6%	687,1 k €	+1.3%	678,4 k €	+9.4%	620 k €	+0.9%	614,6 k €
Cash	958,3 k €	+8.5%	883,5 k €	+169%	327,9 k €	-36.2%	513,7 k €	+15.6%	444,4 k €	+13.0%	393,2 k €	+6.0%	371,1 k €	+9.2%	339,9 k €	+1.1%	336,3 k €	+8.3%	310,6 k €	+8.5%	286,3 k €	+8.8%	263,3 k €	+10.5%	238,1 k €	+16.7%	204,2 k €	+26.2%	161,7 k €	+17.1%	138,2 k €	+20.8%	114,3 k €	+23.5%	92,6 k €	+24.9%	74,1 k €	+45.0%	51,1 k €
Debts	470,2 k €	+45.6%	322,9 k €	+3850%	8,2 k €	-81.6%	44,4 k €	+15.2%	38,6 k €	-29.0%	54,3 k €	-41.6%	92,9 k €	-24.9%	123,7 k €	-33.1%	185 k €	-7.7%	200,4 k €	-7.0%	215,6 k €	-7.0%	231,9 k €	-7.6%	250,9 k €	-4.6%	263 k €	-1.7%	267,5 k €	-11.8%	303,4 k €	-4.6%	318 k €	-5.6%	336,9 k €	-3.8%	350,2 k €	-2.8%	360,3 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 3 ended

Active mandates

Joseph Groven

Managing director

Active

Krista Groven

Director

Active

Ended mandates

Joseph Groven

Managing director · since 01 juin 2013 · until 31 mai 2019

Ended

Krista Groven

Director · since 01 juin 2013 · until 31 mai 2019

Ended

VERONIQUE LIBENS

Director

Ended

At this address

Other companies at this address

Company	CBE no.
AASTE● Active	0441.134.521

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged 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	15/05/2026	14/05/2025	27/06/2024	09/06/2023	08/06/2022	25/06/2021
General meeting	04/05/2026	12/05/2025	01/06/2024	03/06/2023	04/06/2022	05/06/2021
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
Abridged model	31/12/2025	04/05/2026	15/05/2026	Dutch	PDF
Micro model	31/12/2024	12/05/2025	14/05/2025	Dutch	PDF
Micro model	31/12/2023	01/06/2024	27/06/2024	Dutch	PDF
Micro model	31/12/2022	03/06/2023	09/06/2023	Dutch	PDF
Micro model	31/12/2021	04/06/2022	08/06/2022	Dutch	PDF
Micro model	31/12/2020	05/06/2021	25/06/2021	Dutch	PDF
Micro model	31/12/2019	06/06/2020	29/06/2020	Dutch	PDF
Abridged model	31/12/2018	01/06/2019	24/06/2019	Dutch	PDF
Abridged model	31/12/2017	02/06/2018	31/08/2018	Dutch	PDF
Micro model	31/12/2016	03/06/2017	30/08/2017	Dutch	PDF
Abridged model	31/12/2015	04/06/2016	22/06/2016	Dutch	PDF
Abridged model	31/12/2014	06/06/2015	25/08/2015	Dutch	PDF
Abridged model	31/12/2013	07/06/2014	26/06/2014	Dutch	PDF
Abridged model	31/12/2012	01/06/2013	01/07/2013	Dutch	PDF
Abridged model	31/12/2011	02/06/2012	27/06/2012	Dutch	PDF
Abridged model	31/12/2010	04/06/2011	01/07/2011	Dutch	PDF
Abridged model	31/12/2009	05/06/2010	28/06/2010	Dutch	PDF
Abridged model	31/12/2008	06/06/2009	30/06/2009	Dutch	PDF
Abridged model	31/12/2007	07/06/2008	02/07/2008	Dutch	PDF
Abridged model	31/12/2006	02/06/2007	07/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 3 ended

Active mandates

Joseph Groven

Managing director

Active

Krista Groven

Director

Active

Ended mandates

Joseph Groven

Managing director · since 01 juin 2013 · until 31 mai 2019

Ended

Krista Groven

Director · since 01 juin 2013 · until 31 mai 2019

Ended

VERONIQUE LIBENS

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/01/2024
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates30/06/2022
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares07/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates05/07/2013
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares04/01/2012
KAPITAAL - AANDELEN
PDF
Mandates04/01/2008
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 2025165,4 k €↓
2024
Annual accounts 20241,4 M €↑
2023
Annual accounts 202352,1 k €↑
2022
Annual accounts 202251,9 k €↑
2021
Annual accounts 202148,4 k €↑
2020
Annual accounts 202048,1 k €↑
2019
Annual accounts 201946,7 k €↓
2018
Annual accounts 201860,4 k €↑
2017
Annual accounts 201730 k €↑
2016
Annual accounts 201626,2 k €↓
2015
Annual accounts 201526,6 k €↓
2014
Annual accounts 201431,1 k €↑
2013
Annual accounts 201328,6 k €↑
2012
Annual accounts 201228 k €↑
2011
Annual accounts 201126,4 k €↑
2010
Annual accounts 201025,5 k €↓
2009
Annual accounts 200927,7 k €↓
2008
Annual accounts 200871,2 k €↑
2007
Annual accounts 200715,5 k €↓
2006
Annual accounts 200615,8 k €
29/06/2001
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

GROVERO

Overview

What does GROVERO 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