GRINDWIN
0475.838.844 · rovalta.com · 22/09/2026
ACTIVE
GRINDWIN
Financial year 2025 · closed on 31/03/2025
Net result
15 k €
+127.3% YoY
Gross margin
283,8 k €
+8.9% YoY
Equity
371,4 k €
+4.2% YoY
Workforce
4,0 ETP
-24.5% YoY
Overview
What does GRINDWIN do?
GRINDWIN is a Private company with limited liability incorporated in 2001. Its main activity is: Manufacture of machinery for mining, quarrying and construction. Its registered office is in Genk. It employs on average 4,0 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0475.838.844
Incorporation
05/10/2001
Legal form
Private company with limited liability
Registered office
Kompellaan 11
3600 Genk · FlandreSee on map
3600 Genk · FlandreSee on map
Contributed capital
6 200,02 €
Latest accounts
31/03/2025
Average workforce
4,0 ETP
Activities (NACE)
28920Manufacture of machinery for mining, quarrying and construction· main28920Manufacture of machinery for mining, quarrying and construction29520Manufacture of motor vehicles, trailers and semi-trailers08121Operation of gravel and sand pits; mining of clays and kaolin08121Operation of gravel and sand pits; mining of clays and kaolin08122Operation of gravel and sand pits; mining of clays and kaolin+3
Joint committees (2)
- 111
- 209
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 17 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||
| Gross margin | 283,8 k € | +8.9% | 260,5 k € | -13.8% | 302,2 k € | +17.4% | 257,4 k € | +0.7% | 255,6 k € | +1.7% | 251,2 k € | -18.0% | 306,5 k € | -19.5% | 380,6 k € | -13.7% | 441,2 k € | -6.7% | 472,6 k € | +4.3% | 453,4 k € | -26.0% | 612,3 k € | +44.2% | 424,6 k € | -1.0% | 429,1 k € | -9.0% | 471,5 k € | +2.7% | 459,1 k € | -26.2% | 622,2 k € |
| EBITDA | 73,7 k € | +22035% | 332,9 € | -99.3% | 47 k € | +9.4% | 42,9 k € | -44.8% | 77,8 k € | +35.4% | 57,5 k € | -4.8% | 60,4 k € | -49.5% | 119,5 k € | -26.9% | 163,5 k € | +7.8% | 151,7 k € | +15.1% | 131,8 k € | -40.5% | 221,4 k € | +222% | 68,8 k € | -39.0% | 112,8 k € | -34.2% | 171,5 k € | -2.8% | 176,4 k € | -46.1% | 327,1 k € |
| Operating result | 29,5 k € | +151% | -57,5 k € | -622% | -8 k € | +59.1% | -19,5 k € | -207% | 18,1 k € | -11.0% | 20,4 k € | -4.1% | 21,2 k € | -27.9% | 29,5 k € | +76.7% | 16,7 k € | +44.3% | 11,6 k € | +66262% | 17,4 € | -99.9% | 24,7 k € | +175% | -32,7 k € | -245% | 22,5 k € | -67.9% | 70,1 k € | +494% | -17,8 k € | -172% | 24,8 k € |
| Net result | 15 k € | +127% | -55,1 k € | -1113% | -4,5 k € | +77.5% | -20,2 k € | -316% | 9,4 k € | -21.5% | 11,9 k € | -10.7% | 13,4 k € | -30.1% | 19,2 k € | +92.0% | 10 k € | +42.0% | 7 k € | -56.5% | 16,2 k € | +0.6% | 16,1 k € | +202% | 5,3 k € | -44.2% | 9,5 k € | -78.6% | 44,4 k € | +274% | -25,5 k € | -584% | 5,3 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||
| Equity | 371,4 k € | +4.2% | 356,4 k € | -13.4% | 411,5 k € | -1.1% | 416,1 k € | -4.6% | 436,3 k € | +2.2% | 426,9 k € | +2.9% | 415 k € | +3.3% | 401,6 k € | +5.0% | 382,4 k € | +2.7% | 372,4 k € | +1.9% | 365,4 k € | +4.6% | 349,3 k € | +4.8% | 333,2 k € | +1.6% | 327,9 k € | +3.0% | 318,4 k € | +16.2% | 274 k € | -8.5% | 299,5 k € |
| Total assets | 434,5 k € | -9.6% | 480,7 k € | -11.7% | 544,4 k € | +13.3% | 480,7 k € | -5.6% | 509,4 k € | -9.0% | 559,6 k € | +20.0% | 466,3 k € | -22.4% | 600,8 k € | +16.0% | 518,1 k € | -28.5% | 724,3 k € | +9.3% | 662,6 k € | -12.1% | 753,7 k € | +37.3% | 549 k € | -9.2% | 604,4 k € | +16.2% | 520,2 k € | -24.8% | 691,6 k € | -15.3% | 816,2 k € |
| Cash | 21,6 k € | -63.4% | 59,1 k € | -29.2% | 83,5 k € | -44.4% | 150,1 k € | +0.8% | 148,9 k € | +37.3% | 108,4 k € | -26.5% | 147,5 k € | +552% | 22,6 k € | -77.7% | 101,5 k € | -63.6% | 279 k € | +474% | 48,6 k € | -39.2% | 80 k € | +22.3% | 65,5 k € | +114% | 30,6 k € | +15.4% | 26,5 k € | -80.8% | 138,2 k € | -18.6% | 169,7 k € |
| Debts | 63,1 k € | -47.9% | 121,1 k € | -8.9% | 132,9 k € | +106% | 64,6 k € | -11.7% | 73,2 k € | -44.9% | 132,6 k € | +158% | 51,3 k € | -74.2% | 199,3 k € | +46.9% | 135,7 k € | -61.4% | 351,8 k € | +18.4% | 297,2 k € | -26.5% | 404,4 k € | +87.4% | 215,8 k € | -22.0% | 276,5 k € | +37.0% | 201,8 k € | -51.7% | 417,6 k € | -19.2% | 516,7 k € |
| Other | |||||||||||||||||||||||||||||||||
| Workforce | 4,0 ETP | -24.5% | 5,3 ETP | 0.0% | 5,3 ETP | 0.0% | 5,3 ETP | +1.9% | 5,2 ETP | -1.9% | 5,3 ETP | -15.9% | 6,3 ETP | -13.7% | 7,3 ETP | +2.8% | 7,1 ETP | -4.1% | 7,4 ETP | -8.6% | 8,1 ETP | -12.0% | 9,2 ETP | -7.1% | 9,9 ETP | +4.2% | 9,5 ETP | -2.1% | 9,7 ETP | 0.0% | 9,7 ETP | +2.1% | 9,5 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 250 k€ and 500 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/03/2025 · 1 active
Active mandates
Erwin Seynaeve
ActiveAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
FINANCIAL YIELD SYSTEM● Active | 0899.037.669 |
SKELLET● Active | 0766.592.483 |
SKELLET BENELUX● Active | 0506.886.069 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/04/2024 | 01/04/2023 | 01/04/2022 | 01/04/2021 | 01/04/2020 | 01/04/2019 |
| Closing of the financial year | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2021 | 31/03/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 12/09/2025 | 31/10/2024 | 31/01/2024 | 20/02/2023 | 09/05/2022 | 30/11/2020 |
| General meeting | 13/06/2025 | 14/09/2024 | 10/09/2023 | 10/09/2022 | 11/09/2021 | 12/09/2020 |
| 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 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/03/2025 | 13/06/2025 | 12/09/2025 | Dutch | |
| Abridged model | 31/03/2024 | 14/09/2024 | 31/10/2024 | Dutch | |
| Abridged model | 31/03/2023 | 10/09/2023 | 31/01/2024 | Dutch | |
| Abridged model | 31/03/2022 | 10/09/2022 | 20/02/2023 | Dutch | |
| Abridged model | 31/03/2021 | 11/09/2021 | 09/05/2022 | Dutch | |
| Abridged model | 31/03/2020 | 12/09/2020 | 30/11/2020 | Dutch | |
| Abridged model | 31/03/2019 | 14/09/2019 | 10/12/2019 | Dutch | |
| Abridged model | 31/03/2018 | 08/09/2018 | 28/09/2018 | Dutch | |
| Abridged model | 31/03/2017 | 09/09/2017 | 16/11/2017 | Dutch | |
| Abridged model | 31/03/2016 | 10/09/2016 | 31/10/2016 | Dutch | |
| Abridged model | 31/03/2015 | 30/09/2015 | 25/11/2015 | Dutch | |
| Abridged model | 31/03/2014 | 13/09/2014 | 05/11/2014 | Dutch | |
| Abridged model | 31/03/2013 | 14/09/2013 | 18/11/2013 | Dutch | |
| Abridged model | 31/03/2012 | 08/09/2012 | 21/09/2012 | Dutch | |
| Abridged model | 31/03/2011 | 10/09/2011 | 18/11/2011 | Dutch | |
| Abridged model | 31/03/2010 | 11/09/2010 | 28/10/2010 | Dutch | |
| Abridged model | 31/03/2009 | 12/09/2009 | 06/10/2009 | Dutch | |
| Abridged model | 31/03/2008 | 13/06/2008 | 16/10/2008 | Dutch | |
| Abridged model | 31/03/2007 | 17/12/2007 | 11/01/2008 | Dutch | |
| Abridged model | 31/03/2006 | 22/01/2007 | 02/02/2007 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/03/2025 · 1 active
Active mandates
Erwin Seynaeve
ActiveShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202515 k €↑
- 2024Annual accounts 2024-55,1 k €↓
- 2023Annual accounts 2023-4,5 k €↑
- 2022Annual accounts 2022-20,2 k €↓
- 2021Annual accounts 20219,4 k €↓
- 2020Annual accounts 202011,9 k €↓
- 2019Annual accounts 201913,4 k €↓
- 2018Annual accounts 201819,2 k €↑
- 2017Annual accounts 201710 k €↑
- 2016Annual accounts 20167 k €↓
- 2015Annual accounts 201516,2 k €↑
- 2014Annual accounts 201416,1 k €↑
- 2013Annual accounts 20135,3 k €↓
- 2012Annual accounts 20129,5 k €↓
- 2011Annual accounts 201144,4 k €↑
- 2010Annual accounts 2010-25,5 k €↓
- 2009Annual accounts 20095,3 k €
- 05/10/2001IncorporationPrivate company with limited liability