ACTIVE

EDVAST

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Financial year 2025 · closed on 31/12/2025
Net result
746,9 k €
+81.7% YoY
Gross margin
-4,9 k €
Equity
105,6 M €
+0.7% YoY
Workforce
0,6 ETP
0.0% YoY

What does EDVAST do?

EDVAST is a Private limited company incorporated in 2011. Its registered office is in Lanaken. It employs on average 0,6 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0842.408.475
Incorporation
22/12/2011
Legal form
Private limited company
Registered office
Romeinendreef 5
3620 Lanaken · FlandreSee on map
Contributed capital
18 550,00 €
Latest accounts
31/12/2025
Average workforce
0,6 ETP
Joint committees (6)
  • 121
  • 1210
  • 12100
  • 200
  • 2000
  • 20000
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212018201720162015201420132012
Income statement
Gross margin-4,9 k €–––––––––––
EBITDA-120,2 k €-48,9 k €-83,4 k €110,6 k €-71,2 k €-23,9 k €-30,4 k €-9,4 k €-8,4 k €-12 k €-7,5 k €-1,4 k €
Operating result-132,1 k €-65,6 k €-92,6 k €105,6 k €-142,5 k €-95,7 k €-74,2 k €-9,4 k €-8,4 k €-12 k €-7,5 k €-1,4 k €
Net result746,9 k €411 k €13,6 M €-269,8 k €-168,2 k €-116,5 k €412,9 k €-9,7 k €-4,3 k €-79,4 €-3,9 k €1,4 k €
Balance sheet
Equity105,6 M €104,9 M €104,5 M €90,8 M €91,1 M €91,6 M €91,7 M €91,3 M €91,3 M €91,3 M €91,3 M €96,1 M €
Total assets105,6 M €105 M €104,5 M €90,9 M €92,5 M €93,1 M €93,2 M €91,4 M €91,4 M €92 M €96,1 M €96,3 M €
Cash1,1 M €503,5 k €1,6 M €6,3 M €3,7 M €39 k €79,8 k €187,1 k €195,9 k €9 k €14,9 k €148,7 k €
Debts8,2 k €86,8 k €3,2 k €62 k €1,4 M €1,6 M €1,5 M €132,3 k €134,6 k €676,3 k €4,8 M €121,9 k €
Other
Workforce0,6 ETP0,6 ETP0,5 ETP1,3 ETP1,4 ETP0,1 ETP––––––
Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Eduardus Franciscus Grouwels

Director

Active

Ended mandates

Eduardus Franciscus Grouwels

Director · since 26 mars 2021

Ended
Eduardus Franciscus Grouwels

Director · since 01 janvier 2020

Ended
STICHTING ADMINISTRATIEKANTOOR AANDELEN GROUWELS

Director · since 01 décembre 2012 · until 01 janvier 2020

Represented by Pieter Joseph Hubert GROUWELS

Ended
Stichting Administratiekantoor Aandelen Grouwels

Manager · since 01 janvier 2012

Represented by Pieter Joseph Hubert Grouwels

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelFull modelFull modelFull modelFull modelFull 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 date26/05/202630/07/202526/07/202426/07/202328/07/202222/07/2021
General meeting18/05/202630/06/202528/06/202430/06/202330/06/202230/06/2021
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202518/05/202626/05/2026DutchPDF
Full model31/12/202430/06/202530/07/2025DutchPDF
Full model31/12/202328/06/202426/07/2024DutchPDF
Full model31/12/202230/06/202326/07/2023DutchPDF
Full model31/12/202130/06/202228/07/2022DutchPDF
Full model31/12/202030/06/202122/07/2021DutchPDF
Full model31/12/201930/06/202022/07/2020DutchPDF
Full model31/12/201830/06/201904/07/2019DutchPDF
Full model31/12/201730/06/201820/07/2018DutchPDF
Full model31/12/201608/06/201727/06/2017DutchPDF
Full model31/12/201530/06/201626/07/2016DutchPDF
Full model31/12/201430/06/201523/07/2015DutchPDF
Full model31/12/201325/06/201430/06/2014DutchPDF
Full model31/12/201219/07/201326/07/2013DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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 · 1 active · 4 ended

Active mandates

Eduardus Franciscus Grouwels

Director

Active

Ended mandates

Eduardus Franciscus Grouwels

Director · since 26 mars 2021

Ended
Eduardus Franciscus Grouwels

Director · since 01 janvier 2020

Ended
STICHTING ADMINISTRATIEKANTOOR AANDELEN GROUWELS

Director · since 01 décembre 2012 · until 01 janvier 2020

Represented by Pieter Joseph Hubert GROUWELS

Ended
Stichting Administratiekantoor Aandelen Grouwels

Manager · since 01 janvier 2012

Represented by Pieter Joseph Hubert Grouwels

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office22/10/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other31/03/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - DOEL
    PDF
  • Mandates30/03/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/01/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office17/01/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other17/07/2017
    DOEL
    PDF
  • Mandates27/01/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/11/2013
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    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 2025746,9 k €↑
  2. 2024
    Annual accounts 2024411 k €↓
  3. 2023
    Annual accounts 202313,6 M €↑
  4. 2022
    Annual accounts 2022-269,8 k €↓
  5. 2021
    Annual accounts 2021-168,2 k €↓
  6. 2018
    Annual accounts 2018-116,5 k €↓
  7. 2017
    Annual accounts 2017412,9 k €↑
  8. 2016
    Annual accounts 2016-9,7 k €↓
  9. 2015
    Annual accounts 2015-4,3 k €↓
  10. 2014
    Annual accounts 2014-79,4 €↑
  11. 2013
    Annual accounts 2013-3,9 k €↓
  12. 2012
    Annual accounts 20121,4 k €
  13. 22/12/2011
    IncorporationPrivate limited company