ACTIVE

GRYTEC

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
21,4 k €
-23.5% YoY
Gross margin
226,7 k €
+3.3% YoY
Equity
569,7 k €
+3.9% YoY
Workforce
2,7 ETP
+28.6% YoY

What does GRYTEC do?

GRYTEC is a Private limited company incorporated in 2013. Its main activity is: Manufacture of metal structures and parts of structures. Its registered office is in Damme. It employs on average 2,7 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0543.721.127
Incorporation
23/12/2013
Legal form
Private limited company
Registered office
Pardostraat 5
8340 Damme · FlandreSee on map
Contributed capital
18 550,00 €
Latest accounts
31/12/2025
Average workforce
2,7 ETP
Activities (NACE)
25110Manufacture of metal structures and parts of structures· main25110Manufacture of metal structures and parts of structures43240Electrical, plumbing and other construction installation activities43299Other construction installation28220Manufacture of lifting and handling equipment28220Manufacture of lifting and handling equipment+8
Joint committees (2)
  • 111
  • 209
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152014
Income statement
Gross margin226,7 k €219,4 k €258,3 k €398,3 k €411,6 k €370,6 k €382,7 k €261,2 k €167,6 k €80,1 k €44,7 k €78,9 k €
EBITDA104,4 k €127,1 k €145,2 k €155,4 k €168 k €197,7 k €154,5 k €116,9 k €76,3 k €75,4 k €42,1 k €78,3 k €
Operating result56 k €79,4 k €103,8 k €113 k €124,4 k €154 k €100,1 k €62,4 k €38,3 k €16,3 k €18,5 k €55,3 k €
Net result21,4 k €28 k €67,9 k €66,8 k €81,1 k €110,7 k €59,4 k €41,5 k €19,9 k €9,5 k €11,3 k €39,8 k €
Balance sheet
Equity569,7 k €548,3 k €520,4 k €453,5 k €386,7 k €305,6 k €194,9 k €135,5 k €94 k €74,1 k €64,6 k €53,3 k €
Total assets1,5 M €1,6 M €1,6 M €1,4 M €1,2 M €1,1 M €1,2 M €1,1 M €867,8 k €165,8 k €144,9 k €107,3 k €
Cash182,5 k €226,7 k €414,2 k €394,9 k €312 k €247,3 k €115,4 k €180,3 k €218,9 k €49,7 k €68,3 k €16,4 k €
Debts892,1 k €1,1 M €1 M €970,6 k €766,1 k €809,7 k €924 k €972,5 k €704,4 k €91,3 k €80,2 k €54 k €
Other
Workforce2,7 ETP2,1 ETP2,4 ETP3,3 ETP5,1 ETP4,1 ETP5,0 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 · 8 ended

Active mandates

Francis Gryp

Director · since 23 décembre 2013

Active
Tammy Van De Velde

Director · since 23 décembre 2013 · until 01 avril 2025

Active

Ended mandates

Francis Gryp

Manager · since 23 décembre 2013

Ended
Tammy Van de Velde

Manager · since 23 décembre 2013

Ended
Tammy Van De Velde

Director · since 23 décembre 2013

Ended
Francis Gryp

Director · since 22 décembre 2013

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date07/09/202629/08/202528/08/202405/07/202326/08/202231/08/2021
General meeting31/07/202631/07/202531/07/202424/06/202325/06/202226/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202531/07/202607/09/2026DutchPDF
Abridged model31/12/202431/07/202529/08/2025DutchPDF
Abridged model31/12/202331/07/202428/08/2024DutchPDF
Abridged model31/12/202224/06/202305/07/2023DutchPDF
Abridged model31/12/202125/06/202226/08/2022DutchPDF
Abridged model31/12/202026/06/202131/08/2021DutchPDF
Abridged model31/12/201913/10/202010/11/2020DutchPDF
Micro model31/12/201829/06/201922/07/2019DutchPDF
Micro model31/12/201728/04/201803/05/2018DutchPDF
Micro model31/12/201624/06/201710/07/2017DutchPDF
Abridged model31/12/201531/03/201606/04/2016DutchPDF
Abridged model31/12/201427/06/201528/08/2015DutchPDF
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 · 8 ended

Active mandates

Francis Gryp

Director · since 23 décembre 2013

Active
Tammy Van De Velde

Director · since 23 décembre 2013 · until 01 avril 2025

Active

Ended mandates

Francis Gryp

Manager · since 23 décembre 2013

Ended
Tammy Van de Velde

Manager · since 23 décembre 2013

Ended
Tammy Van De Velde

Director · since 23 décembre 2013

Ended
Francis Gryp

Director · since 22 décembre 2013

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/05/2025
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/01/2024
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other13/01/2014
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 202521,4 k €↓
  2. 2024
    Annual accounts 202428 k €↓
  3. 2023
    Annual accounts 202367,9 k €↑
  4. 2022
    Annual accounts 202266,8 k €↓
  5. 2021
    Annual accounts 202181,1 k €↓
  6. 2020
    Annual accounts 2020110,7 k €↑
  7. 2019
    Annual accounts 201959,4 k €↑
  8. 2018
    Annual accounts 201841,5 k €↑
  9. 2017
    Annual accounts 201719,9 k €↑
  10. 2016
    Annual accounts 20169,5 k €↓
  11. 2015
    Annual accounts 201511,3 k €↓
  12. 2014
    Annual accounts 201439,8 k €
  13. 23/12/2013
    IncorporationPrivate limited company