ACTIVE

GROWZER

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Financial year 2025 · closed on 31/12/2025
Net result
-246,8 k €
-3.0% YoY
Gross margin
118,9 k €
+107.8% YoY
Equity
-244,1 k €
-9278.9% YoY
Workforce
2,8 ETP
0.0% YoY

What does GROWZER do?

GROWZER is a Public limited company incorporated in 2015. Its main activity is: Computer programming activities. Its registered office is in Antwerpen. It employs on average 2,8 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0636.843.897
Incorporation
08/09/2015
Legal form
Public limited company
Registered office
Rijnkaai 100 box B12
2000 Antwerpen · FlandreSee on map
Contributed capital
2 420 177,00 €
Latest accounts
31/12/2025
Average workforce
2,8 ETP
Activities (NACE)
62010Computer programming activities· main62100Computer programming, consultancy and related activities58110Book publishing58110Book publishing62020Computer consultancy activities62200Computer programming, consultancy and related activities+4
Signals
Healthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin118,9 k €57,2 k €-70,7 k €-69,7 k €-30,6 k €-743,3 €-19,2 k €-76,1 k €-150,1 k €-211,1 k €
EBITDA-76,9 k €-102,6 k €-272 k €-209,9 k €-110,3 k €-54,7 k €-116,9 k €-101 k €-174 k €-219,2 k €
Operating result-214,2 k €-235,2 k €-367,5 k €-299,8 k €-235,6 k €-210,6 k €-267,5 k €-226,3 k €-271,6 k €-266,4 k €
Net result-246,8 k €-239,6 k €-368,8 k €-300,9 k €-236,7 k €-211,4 k €-269,2 k €-241 k €-283,6 k €-266,4 k €
Balance sheet
Equity-244,1 k €2,7 k €22,2 k €-159 k €141,9 k €80,6 k €277 k €-240,7 k €276,8 €283,9 k €
Total assets841,2 k €641,1 k €642,7 k €357,4 k €409,7 k €383,5 k €516 k €479,4 k €478,8 k €363,8 k €
Cash107,9 k €125,6 k €111,9 k €32,2 k €132,6 k €35,7 k €95,5 k €961,1 €17,2 k €39,9 k €
Debts1,1 M €638,4 k €620,4 k €516,4 k €267,8 k €303 k €239 k €696,1 k €461,5 k €80 k €
Other
Workforce2,8 ETP2,8 ETP3,6 ETP3,1 ETP2,3 ETP2,7 ETP2,4 ETP0,7 ETP0,5 ETP0,3 ETP
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 23 ended

Active mandates

Frank De Meulder

Director

Active
Frédéric Apers

Director

Active
Thierry Van Humbeeck

Director

Active
Wildstream Ventures

Director · 0475.317.519

Represented by Jan Vanhoyweghen

Active

Ended mandates

FILACO

Director · since 14 mars 2019 · until 07 juin 2024 · 0477.607.016

Represented by Filip LAUWERES

Ended
FILACO

Director · since 14 mars 2019 · until 07 juin 2024 · 0477.607.016

Represented by Filip Lauweres

Ended
FILACO

Director · since 14 mars 2019 · until 14 mars 2025 · 0477.607.016

Represented by Filip Lauweres

Ended
Frank De Meulder

Director · since 14 mars 2019 · until 07 juin 2024

Ended
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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 date22/05/202603/06/202526/06/202430/06/202322/07/202225/06/2021
General meeting18/05/202619/05/202507/06/202402/06/202303/06/202204/06/2021
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202518/05/202622/05/2026DutchPDF
Abridged model31/12/202419/05/202503/06/2025DutchPDF
Abridged model31/12/202307/06/202426/06/2024DutchPDF
Abridged model31/12/202202/06/202330/06/2023DutchPDF
Abridged model31/12/202103/06/202222/07/2022DutchPDF
Abridged model31/12/202004/06/202125/06/2021DutchPDF
Abridged model31/12/201905/06/202002/07/2020DutchPDF
Abridged model31/12/201807/06/201902/07/2019DutchPDF
Abridged model31/12/201728/06/201831/07/2018DutchPDF
Abridged model31/12/201602/06/201718/07/2017DutchPDF
Estimate

Indicative valuation

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 · 4 active · 23 ended

Active mandates

Frank De Meulder

Director

Active
Frédéric Apers

Director

Active
Thierry Van Humbeeck

Director

Active
Wildstream Ventures

Director · 0475.317.519

Represented by Jan Vanhoyweghen

Active

Ended mandates

FILACO

Director · since 14 mars 2019 · until 07 juin 2024 · 0477.607.016

Represented by Filip LAUWERES

Ended
FILACO

Director · since 14 mars 2019 · until 07 juin 2024 · 0477.607.016

Represented by Filip Lauweres

Ended
FILACO

Director · since 14 mars 2019 · until 14 mars 2025 · 0477.607.016

Represented by Filip Lauweres

Ended
Frank De Meulder

Director · since 14 mars 2019 · until 07 juin 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Capital / shares08/05/2026
    KAPITAAL - AANDELEN
    PDF
  • Mandates24/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office24/07/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares24/06/2024
    KAPITAAL - AANDELEN
    PDF
  • Mandates14/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares03/02/2023
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares28/01/2022
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares23/02/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    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 2025-246,8 k €↓
  2. 2024
    Annual accounts 2024-239,6 k €↑
  3. 2023
    Annual accounts 2023-368,8 k €↓
  4. 2022
    Annual accounts 2022-300,9 k €↓
  5. 2021
    Annual accounts 2021-236,7 k €↓
  6. 2020
    Annual accounts 2020-211,4 k €↑
  7. 2019
    Annual accounts 2019-269,2 k €↓
  8. 2018
    Annual accounts 2018-241 k €↑
  9. 2017
    Annual accounts 2017-283,6 k €↓
  10. 2016
    Annual accounts 2016-266,4 k €
  11. 08/09/2015
    IncorporationPublic limited company