ACTIVE

GRONDSTOCK

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Financial year 2025 · closed on 31/12/2025
Net result
727,5 k €
+254.4% YoY
Gross margin
1,4 M €
+112.0% YoY
Equity
1,3 M €
+131.8% YoY
Workforce
2,0 ETP
+122.2% YoY

What does GRONDSTOCK do?

GRONDSTOCK is a Private limited company incorporated in 2020. Its main activity is: Site preparation. Its registered office is in Eeklo. It employs on average 2,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0759.441.803
Incorporation
04/12/2020
Legal form
Private limited company
Registered office
Zeelaan 11
9900 Eeklo · FlandreSee on map
Contributed capital
9 000,00 €
Latest accounts
31/12/2025
Average workforce
2,0 ETP
Activities (NACE)
43120Site preparation· main43120Site preparation42911Construction of water projects42911Construction of water projects49410Freight transport by road49410Freight transport by road+2
Joint committees (2)
  • 200
  • 20000
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
Gross margin1,4 M €679,7 k €438,9 k €67,3 k €
EBITDA1,3 M €620,3 k €424,9 k €66 k €
Operating result1 M €334,3 k €407,3 k €66 k €
Net result727,5 k €205,2 k €287,5 k €50 k €
Balance sheet
Equity1,3 M €551,8 k €346,5 k €59 k €
Total assets4,4 M €4,3 M €2,5 M €865,1 k €
Cash458,8 k €15,1 k €173,8 k €7,2 k €
Debts3,1 M €3,8 M €2,1 M €798,6 k €
Other
Workforce2,0 ETP0,9 ETP––
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 3 ended

Active mandates

MAVOCOM

Director · since 12 avril 2024 · 1008.358.154

Active
FUNDUS

Director · since 18 novembre 2022 · 0740.765.145

Active
Kreekepolder

Director · since 04 décembre 2020 · 0690.744.918

Active
M.V.T. TRANS

Director · since 04 décembre 2020 · 0892.716.635

Active

Ended mandates

FUNDUS

Director · since 18 novembre 2022 · 0740.765.145

Represented by Marius De Feijter

Ended
Kreekepolder

Director · since 04 décembre 2020 · 0690.744.918

Represented by Thomas Vandevoorde

Ended
M.V.T. TRANS

Director · since 04 décembre 2020 · 0892.716.635

Represented by Matthias Vandevoorde

Ended
At this address

Other companies at this address

CompanyCBE no.
BTW-eenheid Kaai Woestijne● Active
1038.127.949
KAAI WOESTIJNE● Active
1000.652.889
Kreekepolder● Active
0690.744.918
MV-TECH● Active
0738.383.893
M.V.T. TRANS● Active
0892.716.635
SCOPIC● Active
0666.550.841
THOMAS VANDEVOORDE● Active
0833.439.143
Annual accounts

Full financial information

2025202420232022
Type of accountAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/04/202301/04/202201/10/2020
Closing of the financial year31/12/202531/12/202431/03/202331/03/2022
Length of the financial year12 months21 months12 months18 months
Filing date31/08/202628/03/202525/10/202331/10/2022
General meeting31/08/202628/03/202530/09/202330/09/2022
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202531/08/202631/08/2026DutchPDF
Abridged model31/12/202428/03/202528/03/2025DutchPDF
Abridged model31/03/202330/09/202325/10/2023DutchPDF
Abridged model31/03/202230/09/202231/10/2022DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 · 3 ended

Active mandates

MAVOCOM

Director · since 12 avril 2024 · 1008.358.154

Active
FUNDUS

Director · since 18 novembre 2022 · 0740.765.145

Active
Kreekepolder

Director · since 04 décembre 2020 · 0690.744.918

Active
M.V.T. TRANS

Director · since 04 décembre 2020 · 0892.716.635

Active

Ended mandates

FUNDUS

Director · since 18 novembre 2022 · 0740.765.145

Represented by Marius De Feijter

Ended
Kreekepolder

Director · since 04 décembre 2020 · 0690.744.918

Represented by Thomas Vandevoorde

Ended
M.V.T. TRANS

Director · since 04 décembre 2020 · 0892.716.635

Represented by Matthias Vandevoorde

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates11/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other28/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates17/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other08/12/2020
    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 2025727,5 k €↑
  2. 2024
    Annual accounts 2024205,2 k €↓
  3. 2023
    Annual accounts 2023287,5 k €↑
  4. 2022
    Annual accounts 202250 k €
  5. 04/12/2020
    IncorporationPrivate limited company