JUDICIAL DISSOLUTION OR NULLITY

GRIVE

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Financial year 2023 · closed on 31/12/2023

Net result

6,8 k €

+1.1% YoY

Revenue

74,7 k €

-11.5% YoY

Equity

33,8 k €

+25.0% YoY

Company — Judicial dissolution or nullity.

Strike-off: 09 juin 2026

What does GRIVE do?

GRIVE is a Private limited company incorporated in 2009. Its registered office is in Ixelles.

Legal situation

● Judicial dissolution or nullity

BCE/KBO no. / VAT

BE 0820.338.502

Incorporation

05/11/2009

Legal form

Private limited company

Registered office

Avenue Louise 163
1050 Ixelles · BruxellesSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2023

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 12 financial years

	2023		2022		2021		2020		2019		2018		2017		2015		2014		2012		2011		2010
Income statement
Revenue	74,7 k €	-11.5%	84,5 k €	+46.1%	57,8 k €	+90.8%	30,3 k €	+466%	5,4 k €	-93.4%	81,8 k €	-19.8%	101,9 k €		–		124,2 k €		–		–		–
EBITDA	19 k €	+12.4%	16,9 k €	-0.8%	17 k €	+25.9%	13,5 k €	+421%	-4,2 k €	-52.5%	-2,8 k €	-120%	14,1 k €	+142%	-33,3 k €	-1608%	2,2 k €	+509%	-540,8 €	+94.3%	-9,5 k €	-406%	3,1 k €
Operating result	11,5 k €	+32.0%	8,7 k €	-17.1%	10,5 k €	-10.1%	11,7 k €	+297%	-5,9 k €	-115%	-2,8 k €	-120%	14,1 k €	+141%	-34,8 k €	-4756%	747,5 €	+186%	-873,1 €	+91.1%	-9,8 k €	-455%	2,8 k €
Net result	6,8 k €	+1.1%	6,7 k €	-35.5%	10,4 k €	-10.4%	11,6 k €	+294%	-6 k €	-109%	-2,9 k €	-120%	14,1 k €	+140%	-34,8 k €	-2491%	1,5 k €	+169%	-2,1 k €	+65.0%	-6 k €	-329%	2,6 k €
Balance sheet
Equity	33,8 k €	+25.0%	27,1 k €	+32.9%	20,4 k €	+104%	10 k €	+726%	-1,6 k €	-136%	4,4 k €	-39.5%	7,2 k €	+1333%	-587,2 €	-103%	21,9 k €	+66.9%	13,1 k €	-4.3%	13,7 k €	+16.2%	11,8 k €
Total assets	89,7 k €	+17.8%	76,2 k €	+14.1%	66,8 k €	+274%	17,9 k €	+414%	3,5 k €	-28.9%	4,9 k €	-61.9%	12,8 k €	+351%	2,8 k €	-88.4%	24,4 k €	+53.2%	15,9 k €	+12.5%	14,2 k €	+15.7%	12,3 k €
Cash	4,8 k €	+78.7%	2,7 k €	-84.3%	17,1 k €	+1603%	1 k €	+435561%	0,2 €	-100.0%	2,7 k €	+1417%	179 €	+306%	44,1 €	-96.3%	1,2 k €	-70.3%	4 k €	+93.2%	2,1 k €	+22.3%	1,7 k €
Debts	55,9 k €	+13.9%	49,1 k €	+5.8%	46,4 k €	+490%	7,9 k €	+55.1%	5,1 k €	+907%	503,3 €	-91.0%	5,6 k €	+62.9%	3,4 k €	+36.3%	2,5 k €	-10.7%	2,8 k €	+528%	449,2 €	+2.0%	440,5 €

Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active · 4 ended

Active mandates

HARMINDER MEHAY

Manager · since 01 avril 2019

Active

Ended mandates

BASSAM AL SANAANI

Manager · since 03 novembre 2015 · until 31 mars 2019

Ended

BASSAM AL SANAANI

Manager · since 03 novembre 2015

Ended

TARIQ MUHAMMAD

Manager

Ended

USMANI GUL

Manager

Ended

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Annual accounts

Full financial information

	2023	2022	2021	2020	2019	2018
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018
Closing of the financial year	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	05/11/2024	06/10/2023	07/11/2022	28/08/2021	09/09/2020	22/08/2019
General meeting	30/06/2024	30/06/2023	30/06/2022	07/06/2021	01/06/2020	31/05/2019
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

12 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2023	30/06/2024	05/11/2024	French	PDF
Micro model	31/12/2022	30/06/2023	06/10/2023	French	PDF
Micro model	31/12/2021	30/06/2022	07/11/2022	French	PDF
Micro model	31/12/2020	07/06/2021	28/08/2021	French	PDF
Micro model	31/12/2019	01/06/2020	09/09/2020	French	PDF
Micro model	31/12/2018	31/05/2019	22/08/2019	French	PDF
Abridged model	31/12/2017	25/05/2018	30/08/2018	French	PDF
Abridged model	31/12/2015	25/05/2016	29/08/2016	French	PDF
Abridged model	31/12/2014	25/05/2015	13/08/2015	French	PDF
Abridged model	31/12/2012	25/05/2013	24/06/2013	French	PDF
Abridged model	31/12/2011	25/05/2012	29/06/2012	French	PDF
Abridged model	31/12/2010	25/05/2011	28/06/2011	French	PDF

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 31/12/2023 · 1 active · 4 ended

Active mandates

HARMINDER MEHAY

Manager · since 01 avril 2019

Active

Ended mandates

BASSAM AL SANAANI

Manager · since 03 novembre 2015 · until 31 mars 2019

Ended

BASSAM AL SANAANI

Manager · since 03 novembre 2015

Ended

TARIQ MUHAMMAD

Manager

Ended

USMANI GUL

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/05/2026
SIEGE SOCIAL - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates24/07/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Registered office06/09/2022
SIEGE SOCIAL
PDF
Mandates25/06/2019
SIEGE SOCIAL - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates18/11/2015
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates05/09/2013
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates18/03/2013
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates18/10/2012
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
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

2023
Annual accounts 20236,8 k €↑
2022
Annual accounts 20226,7 k €↓
2021
Annual accounts 202110,4 k €↓
2020
Annual accounts 202011,6 k €↑
2019
Annual accounts 2019-6 k €↓
2018
Annual accounts 2018-2,9 k €↓
2017
Annual accounts 201714,1 k €↑
2015
Annual accounts 2015-34,8 k €↓
2014
Annual accounts 20141,5 k €↑
2012
Annual accounts 2012-2,1 k €↑
2011
Annual accounts 2011-6 k €↓
2010
Annual accounts 20102,6 k €
05/11/2009
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

GRIVE

Overview

What does GRIVE do?

Trend over 12 financial years

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline