ACTIVE

GROVAN

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Financial year 2025 · closed on 31/03/2025
Net result
7,2 k €
+486.0% YoY
Gross margin
17,4 k €
+34.4% YoY
Equity
70,7 k €
+11.4% YoY

What does GROVAN do?

GROVAN is a Private limited company incorporated in 2005. Its main activity is: Construction of roads and motorways. Its registered office is in Oudsbergen.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0872.540.833
Incorporation
16/03/2005
Legal form
Private limited company
Registered office
Leyssenstraat 1
3660 Oudsbergen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/03/2025
Activities (NACE)
42110Construction of roads and motorways· main42110Construction of roads and motorways45230Maintenance and repair of motor vehicles43350Building completion and finishing43390Other building completion and finishing43990Other specialised construction activities n.e.c.+3
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin17,4 k €13 k €36,8 k €6,6 k €32,1 k €28,5 k €18,4 k €43 k €69,5 k €
EBITDA14,8 k €12,1 k €36,5 k €6,4 k €32 k €27,2 k €17,1 k €30,4 k €31 k €
Operating result11 k €2,4 k €21,9 k €-7,9 k €20 k €9,4 k €-6,9 k €7,6 k €7,5 k €
Net result7,2 k €1,2 k €16,8 k €-9,2 k €18,9 k €7,9 k €-8,8 k €3,8 k €3,1 k €
Balance sheet
Equity70,7 k €63,5 k €62,3 k €45,5 k €54,7 k €35,8 k €27,9 k €36,7 k €32,9 k €
Total assets176,5 k €120,8 k €101,6 k €105,5 k €173,8 k €110,9 k €121,9 k €108 k €128,4 k €
Cash21,7 k €–0 €7,4 k €37,9 k €–25,3 k €6,6 k €10,2 k €
Debts105,8 k €57,3 k €37,5 k €54,2 k €88 k €74,4 k €57,7 k €63,4 k €95,3 k €
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 31/03/2025 · 1 active · 2 ended

Active mandates

Philippe Grooten

Director · since 06 décembre 2006

Active

Ended mandates

Philippe Grooten

Manager · since 06 décembre 2006

Ended
Philippe Grooten

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
CG Painting● Active
1041.274.115
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date13/10/202509/10/202430/10/202327/10/202226/10/202130/10/2020
General meeting26/09/202527/09/202429/09/202330/09/202224/09/202125/09/2020
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

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/03/202526/09/202513/10/2025DutchPDF
Micro model31/03/202427/09/202409/10/2024DutchPDF
Micro model31/03/202329/09/202330/10/2023DutchPDF
Micro model31/03/202230/09/202227/10/2022DutchPDF
Micro model31/03/202124/09/202126/10/2021DutchPDF
Micro model31/03/202025/09/202030/10/2020DutchPDF
Micro model31/03/201927/09/201929/10/2019DutchPDF
Micro model31/03/201828/09/201817/10/2018DutchPDF
Micro model31/03/201729/09/201727/11/2017DutchPDF
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 31/03/2025 · 1 active · 2 ended

Active mandates

Philippe Grooten

Director · since 06 décembre 2006

Active

Ended mandates

Philippe Grooten

Manager · since 06 décembre 2006

Ended
Philippe Grooten

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates07/02/2024
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/01/2017
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates17/06/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office18/11/2009
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other24/03/2005
    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 20257,2 k €↑
  2. 2024
    Annual accounts 20241,2 k €↓
  3. 2023
    Annual accounts 202316,8 k €↑
  4. 2022
    Annual accounts 2022-9,2 k €↓
  5. 2021
    Annual accounts 202118,9 k €↑
  6. 2020
    Annual accounts 20207,9 k €↑
  7. 2019
    Annual accounts 2019-8,8 k €↓
  8. 2018
    Annual accounts 20183,8 k €↑
  9. 2017
    Annual accounts 20173,1 k €
  10. 16/03/2005
    IncorporationPrivate limited company