ACTIVE

GRONDWIJZER

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Financial year 2025 · closed on 31/12/2025
Net result
3,4 k €
+2039.5% YoY
Gross margin
211,8 k €
-0.6% YoY
Equity
51,2 k €
+7.0% YoY

What does GRONDWIJZER do?

GRONDWIJZER is a Non-profit organization incorporated in 2004. Its main activity is: Sewerage. Its registered office is in Antwerpen.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0864.015.820
Incorporation
12/03/2004
Legal form
Non-profit organization
Registered office
Noorderlaan 87
2030 Antwerpen · FlandreSee on map
Latest accounts
31/12/2025
Activities (NACE)
37000Sewerage· main37000Sewerage71121Engineering activities and related technical consultancy71121Engineering activities and related technical consultancy74203Photographic activities90010Performing arts
Joint committees (1)
  • 337
Signals
ProfitableGood liquidityHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201420132010
Income statement
Gross margin211,8 k €213,1 k €215,2 k €175,3 k €159,9 k €–––––
EBITDA-918,2 €7 k €9,1 k €3,1 k €-6 k €822 €-11,4 k €33,2 k €1,4 k €975,4 €
Operating result3,9 k €667,8 €852,3 €3,1 k €694,7 €707,8 €3,9 k €32,6 k €736,7 €612,4 €
Net result3,4 k €157,2 €214,8 €2,8 k €396,8 €547,3 €3,2 k €32,1 k €139,7 €400,7 €
Balance sheet
Equity51,2 k €47,8 k €47,7 k €47,5 k €44,7 k €44,3 k €43,8 k €33,4 k €1,3 k €1,1 k €
Total assets245,1 k €174,8 k €158,3 k €203,9 k €167,7 k €253,1 k €210 k €279,6 k €300,3 k €152,5 k €
Cash89,9 k €15,2 k €32,2 k €78,5 k €79,2 k €131,3 k €119,2 k €168,7 k €201,6 k €80,7 k €
Debts168,9 k €101,9 k €85,6 k €131,5 k €98 k €183,8 k €141,2 k €246,3 k €279 k €131,4 k €
Other
Workforce–––––2,0 ETP2,0 ETP1,0 ETP1,0 ETP1,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

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

Board of directors

Seen on filing of 31/12/2025 · 5 active · 26 ended

Active mandates

Filip Verkest

Chairman of the board of directors · since 18 juin 2025 · until 15 juin 2028

Active
Luc De Ren

Director · since 18 juin 2025 · until 15 juin 2028

Active
Steven Lannoo

Director · since 18 juin 2025 · until 15 juin 2028

Active
Van Ryckeghem Marc

Managing director · since 18 juin 2025 · until 15 juin 2028

Active
Vincent Decruyenaere

Director · since 18 juin 2025 · until 15 juin 2028

Active

Ended mandates

Vincent Decruyenaere

Vice-chairman of the board of directors · since 06 juin 2023 · until 26 juin 2025

Ended
Filip Verkest

Chairman of the board of directors · since 27 juin 2022 · until 26 juin 2025

Ended
Hilde Masschelein

Vice-chairman of the board of directors · since 27 juin 2022 · until 06 juin 2023

Ended
Luc De Ren

Director · since 27 juin 2022 · until 26 juin 2025

Ended
At this address

Other companies at this address

CompanyCBE no.
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0404.882.750
SGS MACO CUSTOMS SERVICE BELGIUM● Active
0830.672.861
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro 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 date27/07/202608/07/202531/07/202410/07/202318/07/202208/07/2021
General meeting30/06/202618/06/202525/06/202426/06/202327/06/202230/06/2021
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/06/202627/07/2026DutchPDF
Micro model31/12/202418/06/202508/07/2025DutchPDF
Micro model31/12/202325/06/202431/07/2024DutchPDF
Micro model31/12/202226/06/202310/07/2023DutchPDF
Micro model31/12/202127/06/202218/07/2022DutchPDF
Full model31/12/202030/06/202108/07/2021DutchPDF
Full model31/12/201926/06/202010/07/2020DutchPDF
Full model31/12/201417/06/201508/09/2015DutchPDF
Full model31/12/201318/06/201408/07/2014DutchPDF
Full model31/12/201015/06/201127/02/2012DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 5 active · 26 ended

Active mandates

Filip Verkest

Chairman of the board of directors · since 18 juin 2025 · until 15 juin 2028

Active
Luc De Ren

Director · since 18 juin 2025 · until 15 juin 2028

Active
Steven Lannoo

Director · since 18 juin 2025 · until 15 juin 2028

Active
Van Ryckeghem Marc

Managing director · since 18 juin 2025 · until 15 juin 2028

Active
Vincent Decruyenaere

Director · since 18 juin 2025 · until 15 juin 2028

Active

Ended mandates

Vincent Decruyenaere

Vice-chairman of the board of directors · since 06 juin 2023 · until 26 juin 2025

Ended
Filip Verkest

Chairman of the board of directors · since 27 juin 2022 · until 26 juin 2025

Ended
Hilde Masschelein

Vice-chairman of the board of directors · since 27 juin 2022 · until 06 juin 2023

Ended
Luc De Ren

Director · since 27 juin 2022 · until 26 juin 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other28/05/2026
    Publicatie Wijziging Bestuursorgaan
    PDF
  • Mandates22/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/05/2023
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates16/12/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/08/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/10/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/07/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/10/2010
    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 20253,4 k €↑
  2. 2024
    Annual accounts 2024157,2 €↓
  3. 2023
    Annual accounts 2023214,8 €↓
  4. 2022
    Annual accounts 20222,8 k €↑
  5. 2021
    Annual accounts 2021396,8 €↓
  6. 2020
    Annual accounts 2020547,3 €↓
  7. 2019
    Annual accounts 20193,2 k €↓
  8. 2014
    Annual accounts 201432,1 k €↑
  9. 2013
    Annual accounts 2013139,7 €↓
  10. 2010
    Annual accounts 2010400,7 €
  11. 12/03/2004
    IncorporationNon-profit organization