ACTIVE

Grondslag

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Financial year 2025 · closed on 31/12/2025
Net result
-18,8 k €
-27.3% YoY
Gross margin
-718,1 €
+88.6% YoY
Equity
9,6 k €
-66.1% YoY

What does Grondslag do?

Grondslag is a Private limited company incorporated in 2019. Its registered office is in Antwerpen.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0737.346.587
Incorporation
04/11/2019
Legal form
Private limited company
Registered office
Eglantierlaan 5A box 102
2020 Antwerpen · FlandreSee on map
Contributed capital
2 500,00 €
Latest accounts
31/12/2025
Signals
Good liquidity
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin-718,1 €-6,3 k €168,8 k €545,9 k €-2,1 k €
EBITDA-838,1 €-6,4 k €167,8 k €544,9 k €-2,5 k €
Operating result-838,1 €-6,4 k €167,8 k €544,9 k €-2,5 k €
Net result-18,8 k €-14,7 k €121,7 k €398,3 k €-1 k €
Balance sheet
Equity9,6 k €28,4 k €43,1 k €21,4 k €-2 k €
Total assets4,5 M €4,3 M €4,3 M €5,2 M €5,7 M €
Cash67,3 k €38,6 k €44,3 k €7,8 k €9,1 k €
Debts4,1 M €4 M €4 M €5,1 M €5,7 M €
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 31/12/2025 · 3 active · 12 ended

Active mandates

Brix Consulting

Bestuurder · since 25 octobre 2019 · until 17 avril 2026 · 0441.660.497

Represented by Gert COWE

Active
ETxE

Bestuurder · since 25 octobre 2019 · until 05 juin 2026 · 0887.835.654

Represented by Joeri BAL

Active
PILOT

Bestuurder · since 15 mai 2019 · 0444.329.680

Represented by Lizen Koen

Active

Ended mandates

Brix Consulting

Director · since 04 novembre 2019 · 0441.660.497

Represented by COWÉ GERT

Ended
Brix Consulting

Director · since 04 novembre 2019 · until 06 juin 2025 · 0441.660.497

Represented by Gert Cowé

Ended
Brix Consulting

Director · since 04 novembre 2019 · 0441.660.497

Represented by COWÉ GERT

Ended
ETxE

Director · since 04 novembre 2019 · 0887.835.654

Represented by BAL JOERI

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202106/11/2019
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 months14 months
Filing date30/06/202628/07/202517/06/202406/06/202303/06/202230/06/2021
General meeting05/06/202606/06/202507/06/202402/06/202303/06/202204/06/2021
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/06/202630/06/2026DutchPDF
Abridged model31/12/202406/06/202528/07/2025DutchPDF
Abridged model31/12/202307/06/202417/06/2024DutchPDF
Abridged model31/12/202202/06/202306/06/2023DutchPDF
Abridged model31/12/202103/06/202203/06/2022DutchPDF
Micro model31/12/202004/06/202130/06/2021DutchPDF
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 31/12/2025 · 3 active · 12 ended

Active mandates

Brix Consulting

Bestuurder · since 25 octobre 2019 · until 17 avril 2026 · 0441.660.497

Represented by Gert COWE

Active
ETxE

Bestuurder · since 25 octobre 2019 · until 05 juin 2026 · 0887.835.654

Represented by Joeri BAL

Active
PILOT

Bestuurder · since 15 mai 2019 · 0444.329.680

Represented by Lizen Koen

Active

Ended mandates

Brix Consulting

Director · since 04 novembre 2019 · 0441.660.497

Represented by COWÉ GERT

Ended
Brix Consulting

Director · since 04 novembre 2019 · until 06 juin 2025 · 0441.660.497

Represented by Gert Cowé

Ended
Brix Consulting

Director · since 04 novembre 2019 · 0441.660.497

Represented by COWÉ GERT

Ended
ETxE

Director · since 04 novembre 2019 · 0887.835.654

Represented by BAL JOERI

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates16/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office08/05/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other06/11/2019
    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 2025-18,8 k €↓
  2. 2024
    Annual accounts 2024-14,7 k €↓
  3. 2023
    Annual accounts 2023121,7 k €↓
  4. 2022
    Annual accounts 2022398,3 k €↑
  5. 2021
    Annual accounts 2021-1 k €
  6. 04/11/2019
    IncorporationPrivate limited company