NORMAL SITUATION

Grainwave

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Financial year 2025 · closed on 31/12/2025
Net result
-17,7 k €
+68.9% YoY
Gross margin
-13 k €
+74.3% YoY
Equity
54,8 k €
-24.4% YoY

Company — Normal situation.

Strike-off: 01 août 2026

What does Grainwave do?

Grainwave is a Private limited company incorporated in 2017.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0685.669.838
Incorporation
06/12/2017
Legal form
Private limited company
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Signals
Solid equityGood liquidity
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin-13 k €-50,5 k €34,8 k €11,1 k €46 k €230,1 k €72,4 k €111,9 k €348,4 k €
EBITDA-13,5 k €-51,1 k €34,2 k €10,6 k €45,5 k €229,6 k €72 k €111,1 k €348,4 k €
Operating result-14,7 k €-52,2 k €33,1 k €9,9 k €44,8 k €229,4 k €72 k €111,1 k €348,4 k €
Net result-17,7 k €-57 k €22,8 k €4,8 k €31,7 k €175,6 k €51,7 k €78,9 k €209,1 k €
Balance sheet
Equity54,8 k €72,5 k €259,6 k €394,7 k €389,9 k €358,2 k €358,2 k €306,5 k €227,7 k €
Total assets174,9 k €188,8 k €294,2 k €412,3 k €597,5 k €582,6 k €379,9 k €516,2 k €442,1 k €
Cash154,9 k €163,7 k €218,1 k €142,4 k €545,5 k €284,8 k €224,3 k €230,1 k €18,6 k €
Debts120,1 k €111,1 k €34 k €14,6 k €207,6 k €224,3 k €21,7 k €209,7 k €214,4 k €
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Hubertus Blonk

Director · since 05 décembre 2017

Active

Ended mandates

Hubertus Michel A BLONK

Director

Ended
Hubertus Michel A BLONK

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date27/04/202621/05/202527/06/202411/07/202327/07/202225/07/2021
General meeting22/04/202619/05/202527/06/202428/06/202329/06/202229/06/2021
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
Micro model31/12/202522/04/202627/04/2026DutchPDF
Micro model31/12/202419/05/202521/05/2025DutchPDF
Micro model31/12/202327/06/202427/06/2024DutchPDF
Micro model31/12/202228/06/202311/07/2023DutchPDF
Micro model31/12/202129/06/202227/07/2022DutchPDF
Micro model31/12/202029/06/202125/07/2021DutchPDF
Abridged model31/12/201929/06/202030/06/2020DutchPDF
Abridged model31/12/201829/06/201931/07/2019DutchPDF
Micro model31/12/201728/06/201803/07/2018DutchPDF
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 · 1 active · 2 ended

Active mandates

Hubertus Blonk

Director · since 05 décembre 2017

Active

Ended mandates

Hubertus Michel A BLONK

Director

Ended
Hubertus Michel A BLONK

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office10/03/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates28/08/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other08/12/2017
    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 2025-17,7 k €↑
  2. 2024
    Annual accounts 2024-57 k €↓
  3. 2023
    Annual accounts 202322,8 k €↑
  4. 2022
    Annual accounts 20224,8 k €↓
  5. 2021
    Annual accounts 202131,7 k €↓
  6. 2020
    Annual accounts 2020175,6 k €↑
  7. 2019
    Annual accounts 201951,7 k €↓
  8. 2018
    Annual accounts 201878,9 k €↓
  9. 2017
    Annual accounts 2017209,1 k €
  10. 06/12/2017
    IncorporationPrivate limited company