ACTIVE

GRITT

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Financial year 2025 · closed on 31/12/2025
Net result
463,9 k €
-92.3% YoY
Equity
32,3 M €
+1.5% YoY

What does GRITT do?

GRITT is a Public limited company incorporated in 2016. Its main activity is: Activities of head offices. Its registered office is in Antwerpen.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0661.737.265
Incorporation
26/08/2016
Legal form
Public limited company
Registered office
Rijnkaai 100 box C14
2000 Antwerpen · FlandreSee on map
Contributed capital
38 414 452,00 €
Latest accounts
31/12/2025
Activities (NACE)
70100Activities of head offices· main70100Activities of head offices64200Activities of holding companies64210Activities of holding companies
Joint committees (1)
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192017
Income statement
Gross margin––––3,7 M €824,5 k €729,4 k €–
EBITDA126,9 k €1,1 M €2,8 M €609,4 k €2,2 M €255,3 k €-121,5 k €68 k €
Operating result-785,5 €1 M €2,6 M €420,5 k €2,1 M €224 k €-3,9 M €48,8 k €
Net result463,9 k €6 M €-389,5 k €2 M €1,1 M €-47,2 k €-14,9 M €-300,6 k €
Balance sheet
Equity32,3 M €31,9 M €25,8 M €26,2 M €24,2 M €23,1 M €23,2 M €38,1 M €
Total assets37,7 M €32,9 M €52,2 M €59 M €65 M €79,4 M €48,5 M €46 M €
Cash11 M €9,3 M €––––18,8 k €321,7 €
Debts5,4 M €1 M €25,9 M €32,1 M €40,4 M €55,9 M €25,2 M €7,8 M €
Other
Workforce––10,3 ETP9,1 ETP7,5 ETP5,0 ETP9,0 ETP10,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 19 ended

Active mandates

Wesley Decorte

Managing director · since 30 juin 2025 · until 19 juin 2031

Active
ANDREA BELCO SPRL

Managing director · since 08 février 2024 · until 20 juin 2030 · 0600.965.676

Represented by Florian Massaux

Active
House of HR

Managing director · since 08 février 2024 · until 20 juin 2030 · 0643.887.978

Represented by Rika Coppens

Active
Leen Geirnaerdt

Director · since 08 février 2024 · until 20 juin 2030

Active

Ended mandates

Wesley Decorte

Director · since 01 juillet 2019 · until 19 juin 2025

Ended
Wesley Decorte

Director · since 01 juillet 2019 · until 31 décembre 2025

Ended
Wesley Decorte

Managing director · since 01 juillet 2019 · until 19 juin 2025

Ended
Wesley Decorte

Managing director · since 01 juillet 2019 · until 20 juin 2030

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull 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 date10/07/202615/07/202527/06/202427/06/202328/06/202218/06/2021
General meeting18/06/202630/06/202520/06/202415/06/202316/06/202217/06/2021
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

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202518/06/202610/07/2026DutchPDF
Full model31/12/202430/06/202515/07/2025DutchPDF
Full model31/12/202320/06/202427/06/2024DutchPDF
Full model31/12/202215/06/202327/06/2023DutchPDF
Abridged model31/12/202116/06/202228/06/2022DutchPDF
Abridged model31/12/202017/06/202118/06/2021DutchPDF
Abridged model31/12/201930/06/202017/07/2020DutchPDF
Abridged model31/12/201820/06/201928/06/2019DutchPDF
Full model31/12/201720/06/201826/06/2018DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 4 active · 19 ended

Active mandates

Wesley Decorte

Managing director · since 30 juin 2025 · until 19 juin 2031

Active
ANDREA BELCO SPRL

Managing director · since 08 février 2024 · until 20 juin 2030 · 0600.965.676

Represented by Florian Massaux

Active
House of HR

Managing director · since 08 février 2024 · until 20 juin 2030 · 0643.887.978

Represented by Rika Coppens

Active
Leen Geirnaerdt

Director · since 08 février 2024 · until 20 juin 2030

Active

Ended mandates

Wesley Decorte

Director · since 01 juillet 2019 · until 19 juin 2025

Ended
Wesley Decorte

Director · since 01 juillet 2019 · until 31 décembre 2025

Ended
Wesley Decorte

Managing director · since 01 juillet 2019 · until 19 juin 2025

Ended
Wesley Decorte

Managing director · since 01 juillet 2019 · until 20 juin 2030

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates26/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/03/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/10/2022
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/02/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/05/2021
    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

Timeline

  1. 2025
    Annual accounts 2025463,9 k €↓
  2. 30/06/2025
    reconductionWesley Decorte — bestuurder
  3. 2024
    Annual accounts 20246 M €↑
  4. 08/02/2024
    nominationAndrea Belco BV — bestuurder
  5. 08/02/2024
    nominationLeen GEIRNAERDT — bestuurder
  6. 08/02/2024
    reconductionHouse of HR NV — bestuurder
  7. 08/02/2024
    nominationAndrea Belco BV — persoon belast met het dagelijks bestuur
  8. 08/02/2024
    nominationWesley DECORTE — persoon belast met het dagelijks bestuur
  9. 2023
    Annual accounts 2023-389,5 k €↓
  10. 15/06/2023
    reconductionVandelanotte Bedrijfsrevisoren CVBA — commissaris
  11. 2022
    Annual accounts 20222 M €↑
  12. 30/09/2022
    nominationLeen Geirnaerdt — vaste vertegenwoordiger bestuurder
  13. 12/01/2022
    nominationMIST Consult Comm. V — lid van het directiecomité
  14. 2021
    Annual accounts 20211,1 M €↑
  15. 2020
    Annual accounts 2020-47,2 k €↑
  16. 2019
    Annual accounts 2019-14,9 M €↓
  17. 2019
    Name changeGRITT
  18. 2017
    Annual accounts 2017-300,6 k €
  19. 2017
    Name changeTec Alliance
  20. 26/08/2016
    IncorporationPublic limited company