ACTIVE

GROVO

Financial year 2025 · closed on 31/12/2025
Net result
-2,9 k €
-150.4% YoY
Gross margin
35 k €
-3.5% YoY
Equity
57,2 k €
-4.9% YoY

What does GROVO do?

GROVO is a Private limited company incorporated in 2010. Its registered office is in Aalst.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0826.333.793
Incorporation
02/06/2010
Legal form
Private limited company
Registered office
Pontweg 106
9310 Aalst · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 302
Contacts
2 public details availableLog in to view
Signals
Solid equityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212020201920182017201620152014201320122011
Income statement
Gross margin35 k €36,2 k €31,2 k €32,6 k €41,9 k €16,1 k €-1,5 k €-3,4 k €5,7 k €277,9 €-1,2 k €10,7 k €18,2 k €10,2 k €12,2 k €
EBITDA19,9 k €22,2 k €23,7 k €27,6 k €40,4 k €15,2 k €-2,6 k €-3,7 k €5,1 k €-1,3 k €-4,3 k €7,5 k €14,9 k €7,3 k €-13,3 k €
Operating result2,5 k €11,4 k €14,9 k €20,1 k €36 k €10,4 k €-7,6 k €-7,6 k €829,5 €-5,8 k €-6,6 k €4,8 k €12,2 k €5,2 k €-17 k €
Net result-2,9 k €5,8 k €9,7 k €14,6 k €31,2 k €9,6 k €-8,1 k €-8,2 k €104,3 €-6,5 k €-6,6 k €4,9 k €12,3 k €-697,2 €-18,2 k €
Balance sheet
Equity57,2 k €60,1 k €54,3 k €44,6 k €30 k €-1,3 k €-10,9 k €-2,8 k €5,4 k €5,3 k €11,8 k €18,4 k €13,5 k €1,1 k €1,8 k €
Total assets159,6 k €70,2 k €69,1 k €55,3 k €49,8 k €19,6 k €17,3 k €17,5 k €26,3 k €32,3 k €40 k €51,1 k €49,7 k €41,4 k €44,8 k €
Cash22,1 k €20,8 k €20,5 k €21 k €23,4 k €5,2 k €145,1 €4,9 k €2,9 k €9,7 k €20,4 k €20,1 k €10,6 k €11,2 k €
Debts102,4 k €10,1 k €14,8 k €10,7 k €19,8 k €20,8 k €28,2 k €20,3 k €20,9 k €26,9 k €28,1 k €32,6 k €36,2 k €37,9 k €42,9 k €
Other
Workforce0,5 ETP
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 · 4 active · 11 ended

Active mandates

Georgette De Baerdemaeker

Director

Active
Gina De Groodt

Director

Active
Rachel Van Nieuwehove

Director

Active
Sammy De Vocht

Director

Active

Ended mandates

GINA DE GROODT

Manager · since 18 avril 2011

Ended
KARIN VAN DAM

Manager · since 18 avril 2011

Ended
SAMMY DE VOCHT

Manager · since 28 mai 2010

Ended
Georgette De Baerdemaeker

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 date11/08/202629/08/202527/08/202418/08/202319/08/202202/07/2021
General meeting30/06/202630/06/202531/07/202402/06/202303/06/202204/06/2021
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

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/06/202611/08/2026DutchPDF
Micro model31/12/202430/06/202529/08/2025DutchPDF
Micro model31/12/202331/07/202427/08/2024DutchPDF
Micro model31/12/202202/06/202318/08/2023DutchPDF
Micro model31/12/202103/06/202219/08/2022DutchPDF
Micro model31/12/202004/06/202102/07/2021DutchPDF
Micro model31/12/201912/06/202012/06/2020DutchPDF
Micro model31/12/201828/06/201922/07/2019DutchPDF
Micro model31/12/201701/06/201808/06/2018DutchPDF
Micro model31/12/201602/06/201726/06/2017DutchPDF
Abridged model31/12/201503/06/201621/06/2016DutchPDF
Abridged model31/12/201405/06/201512/06/2015DutchPDF
Abridged model31/12/201331/07/201422/08/2014DutchPDF
Abridged model31/12/201207/06/201323/07/2013DutchPDF
Abridged model31/12/201101/06/201211/06/2012DutchPDF
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 · 4 active · 11 ended

Active mandates

Georgette De Baerdemaeker

Director

Active
Gina De Groodt

Director

Active
Rachel Van Nieuwehove

Director

Active
Sammy De Vocht

Director

Active

Ended mandates

GINA DE GROODT

Manager · since 18 avril 2011

Ended
KARIN VAN DAM

Manager · since 18 avril 2011

Ended
SAMMY DE VOCHT

Manager · since 28 mai 2010

Ended
Georgette De Baerdemaeker

Manager

Ended
Shareholders

Ownership and network

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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 2025-2,9 k €
  2. 2024
    Annual accounts 20245,8 k €
  3. 2023
    Annual accounts 20239,7 k €
  4. 2022
    Annual accounts 202214,6 k €
  5. 2021
    Annual accounts 202131,2 k €
  6. 2020
    Annual accounts 20209,6 k €
  7. 2019
    Annual accounts 2019-8,1 k €
  8. 2018
    Annual accounts 2018-8,2 k €
  9. 2017
    Annual accounts 2017104,3 €
  10. 2016
    Annual accounts 2016-6,5 k €
  11. 2015
    Annual accounts 2015-6,6 k €
  12. 2014
    Annual accounts 20144,9 k €
  13. 2013
    Annual accounts 201312,3 k €
  14. 2012
    Annual accounts 2012-697,2 €
  15. 2011
    Annual accounts 2011-18,2 k €
  16. 02/06/2010
    IncorporationPrivate limited company