ACTIVE

GROENINSTAL

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Financial year 2026 · closed on 31/03/2026

Net result

3 k €

+508.3% YoY

Gross margin

3,6 k €

Equity

42,8 k €

+7.6% YoY

What does GROENINSTAL do?

GROENINSTAL is a Private limited company incorporated in 2013. Its main activity is: Electrical, plumbing and other construction installation activities. Its registered office is in Molenbeek-Saint-Jean.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0536.734.454

Incorporation

17/07/2013

Legal form

Private limited company

Registered office

Rue Verheyden 19
1080 Molenbeek-Saint-Jean · BruxellesSee on map

Contributed capital

18 600,00 €

Latest accounts

31/03/2026

Activities (NACE)

43240Electrical, plumbing and other construction installation activities· main 43299Other construction installation 43230Electrical, plumbing and other construction installation activities 43291Other construction installation 43350Building completion and finishing 43390Other building completion and finishing+2

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2026		2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014
Income statement
Gross margin	3,6 k €		–		13,5 k €	-15.7%	16 k €	-35.0%	24,7 k €	+145%	-55 k €	-302%	27,3 k €	-32.2%	40,2 k €	+733%	-6,4 k €	-113%	50 k €	+341%	-20,7 k €	-278%	11,7 k €	+261%	3,2 k €
EBITDA	3,2 k €	+681%	-550,5 €	-104%	13,1 k €	-14.3%	15,3 k €	-37.9%	24,7 k €	+145%	-55,4 k €	-306%	26,9 k €	-32.5%	39,9 k €	+695%	-6,7 k €	-114%	49,6 k €	+335%	-21,2 k €	-289%	11,2 k €	+289%	2,9 k €
Operating result	3,2 k €	+681%	-550,5 €	-104%	13,1 k €	-13.7%	15,2 k €	-14.3%	17,8 k €	+127%	-66,8 k €	-380%	23,8 k €	-12.0%	27,1 k €	+236%	-19,9 k €	-154%	36,7 k €	+239%	-26,4 k €	-378%	9,5 k €	+230%	2,9 k €
Net result	3 k €	+508%	-742,1 €	-106%	12,8 k €	+2.6%	12,5 k €	-28.4%	17,5 k €	+126%	-67,2 k €	-516%	16,2 k €	-39.0%	26,5 k €	+215%	-23,1 k €	-163%	36,6 k €	+235%	-27 k €	-503%	6,7 k €	+264%	1,8 k €
Balance sheet
Equity	42,8 k €	+7.6%	39,8 k €	-13.1%	45,8 k €	+38.9%	33 k €	+410%	6,5 k €	+128%	-23,4 k €	-153%	43,9 k €	+58.3%	27,7 k €	+2167%	1,2 k €	-95.0%	24,3 k €	+298%	-12,3 k €	-183%	14,7 k €	+83.3%	8 k €
Total assets	51,5 k €	+26.2%	40,8 k €	-37.8%	65,7 k €	+35.7%	48,4 k €	-22.5%	62,4 k €	-39.7%	103,5 k €	-17.8%	125,9 k €	-43.2%	221,5 k €	+20.7%	183,6 k €	-33.2%	274,9 k €	-2.2%	281,2 k €	+211%	90,5 k €	-51.3%	186 k €
Cash	81,6 €	-99.4%	13 k €	-12.8%	14,9 k €	+219%	4,7 k €	+2889%	155,9 €	+154%	61,5 €	-98.6%	4,4 k €		–		2,4 k €	-72.4%	8,8 k €	+5591%	155 €	+275%	41,4 €	-99.6%	9,5 k €
Debts	8,7 k €	+733%	1 k €	-94.7%	19,9 k €	+29.0%	15,4 k €	-72.4%	56 k €	-55.9%	126,8 k €	+54.6%	82,1 k €	-57.7%	193,8 k €	+6.3%	182,4 k €	+34.6%	135,5 k €	-53.8%	293,5 k €	+287%	75,8 k €	-57.4%	177,9 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2026 · 2 active · 5 ended

Active mandates

Gavrila MIHALI

Mandate

Active

Vasilica MIHALI

Mandate

Active

Ended mandates

Gavrila MIHALI

Director · since 10 juin 2020

Ended

VASELICA MIHALI

Manager · since 27 juin 2016

Ended

FLORIN DANCI

Manager · since 31 juillet 2013

Ended

Florin DANCI

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
DSB CONSTRUCT● Active	0656.626.751
D.S.B. MIHALI● Active	0832.722.630

Annual accounts

Full financial information

	2026	2025	2024	2023	2022	2021
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/04/2025	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020
Closing of the financial year	31/03/2026	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	06/06/2026	23/06/2025	25/06/2024	13/06/2023	15/11/2022	10/06/2022
General meeting	06/06/2026	23/06/2025	24/05/2024	17/05/2023	02/11/2022	25/11/2021
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

13 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/03/2026	06/06/2026	06/06/2026	Dutch	PDF
Micro model	31/03/2025	23/06/2025	23/06/2025	Dutch	PDF
Micro model	31/03/2024	24/05/2024	25/06/2024	French	PDF
Micro model	31/03/2023	17/05/2023	13/06/2023	French	PDF
Micro model	31/03/2022	02/11/2022	15/11/2022	French	PDF
Micro model	31/03/2021	25/11/2021	10/06/2022	French	PDF
Abridged model	31/03/2020	03/11/2020	27/11/2020	French	PDF
Abridged model	31/03/2019	05/11/2019	28/02/2020	French	PDF
Abridged model	31/03/2018	27/09/2018	21/12/2018	French	PDF
Abridged model	31/03/2017	22/09/2017	25/09/2017	French	PDF
Abridged model	31/03/2016	19/09/2016	20/09/2016	French	PDF
Abridged model	31/03/2015	24/09/2015	30/09/2015	French	PDF
Abridged model	31/03/2014	25/09/2014	27/01/2015	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/03/2026 · 2 active · 5 ended

Active mandates

Gavrila MIHALI

Mandate

Active

Vasilica MIHALI

Mandate

Active

Ended mandates

Gavrila MIHALI

Director · since 10 juin 2020

Ended

VASELICA MIHALI

Manager · since 27 juin 2016

Ended

FLORIN DANCI

Manager · since 31 juillet 2013

Ended

Florin DANCI

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/08/2025
DENOMINATION
PDF
Mandates28/06/2021
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DENOMINATION - DEMISSIONS, NOMINATIONS
PDF
Court decision09/07/2020
RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...)
PDF
Capital / shares07/07/2017
CAPITAL, ACTIONS - ASSEMBLEE GENERALE
PDF
Capital / shares08/02/2017
CAPITAL, ACTIONS
PDF
Mandates17/08/2015
DEMISSIONS, NOMINATIONS
PDF
Capital / shares05/03/2015
CAPITAL, ACTIONS
PDF
Capital / shares28/05/2014
CAPITAL, ACTIONS
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

2026
Annual accounts 20263 k €↑
2026
Name changeGROENINSTAL
2025
Annual accounts 2025-742,1 €↓
2024
Annual accounts 202412,8 k €↑
2023
Annual accounts 202312,5 k €↓
2022
Annual accounts 202217,5 k €↑
2021
Annual accounts 2021-67,2 k €↓
2021
Name changePLUMBERSTEAM
2020
Annual accounts 202016,2 k €↓
2019
Annual accounts 201926,5 k €↑
2018
Annual accounts 2018-23,1 k €↓
2017
Annual accounts 201736,6 k €↑
2016
Annual accounts 2016-27 k €↓
2015
Annual accounts 20156,7 k €↑
2014
Annual accounts 20141,8 k €
17/07/2013
IncorporationPrivate 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

GROENINSTAL

Overview

What does GROENINSTAL do?

Trend over 13 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