ACTIVE

Grid Parity Concepts Europe

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Financial year 2025 · Closed on 30/06/2025

Net result890,2 k €-62,3 %over 1 year
Revenue66,3 M €-6,9 %over 1 year
Equity17 M €+5,5 %over 1 year
Workforce13,6 ETP-24,0 %over 1 year

Identity

Source · BCE/KBO

Grid Parity Concepts Europe is a Private limited company incorporated in 2005. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Tielt. It employs on average 13,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0877.177.730
Incorporation
09/11/2005
Legal form
Private limited company
Registered office
Careelstraat 2
8700 Tielt · FlandreSee on map
Contributed capital
30 000,00 €
Latest accounts
30/06/2025
Average workforce
13,6 ETP
Joint committees (3)
  • 14904
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 17 financial years

20252024202320222021
Income statement
Revenue66,3 M €71,2 M €130,3 M €50,2 M €41,6 M €
EBITDA1,2 M €3,9 M €16,1 M €6,8 M €5,6 M €
Operating result1,2 M €3 M €15,5 M €6,7 M €5,5 M €
Net result890,2 k €2,4 M €11,5 M €5,2 M €4,2 M €
Balance sheet
Equity17 M €16,1 M €13,8 M €12,2 M €7,1 M €
Total assets27,8 M €27,9 M €38,1 M €20,3 M €9,5 M €
Cash192 €400,7 k €94,9 k €135 k €4 M €
Debts10,7 M €11,8 M €24,4 M €8,1 M €2,3 M €
Other
Workforce13,6 ETP17,9 ETP13,9 ETP8,7 ETP7,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

3 active · 11 ended

Active mandates

Artas

Director · since 28 juin 2024 · 0627.647.309

Represented by Martijn Wanten

Active
Green and Durable Group

Director · since 28 juin 2024 · 0776.532.114

Represented by Dennis Edey

Active
3S MANAGEMENT

Director · since 17 mai 2018 · 0877.607.302

Represented by Yves Struyve

Active

Ended mandates

DM Invest

Director · since 01 octobre 2018 · until 31 mars 2021 · 0699.698.216

Represented by Ignace Dumon

Ended
DM Invest

Director · since 01 octobre 2018 · 0699.698.216

Represented by Ignace Dumon

Ended
DM Invest

Manager · since 01 octobre 2018 · 0699.698.216

Represented by Ignace Dumon

Ended
3S MANAGEMENT

Director · since 17 mai 2018 · 0877.607.302

Represented by Yves Struyve

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/03/202607/02/202529/11/202322/11/202203/12/202126/11/2020
General meeting17/02/202607/02/202503/11/202304/11/202205/11/202106/11/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model30/06/202517/02/202631/03/2026DutchPDF
Full model30/06/202407/02/202507/02/2025DutchPDF
Full model30/06/202303/11/202329/11/2023DutchPDF
Full model30/06/202204/11/202222/11/2022DutchPDF
Full model30/06/202105/11/202103/12/2021DutchPDF
Full model30/06/202006/11/202026/11/2020DutchPDF
Full model30/06/201904/11/201912/12/2019DutchPDF
Abridged model31/12/201715/05/201826/07/2018DutchPDF
Abridged model31/12/201615/05/201723/06/2017DutchPDF
Abridged model31/12/201515/05/201601/07/2016DutchPDF
Full model31/12/201415/05/201510/07/2015DutchPDF
Full model31/12/201315/05/201418/07/2014DutchPDF
Full model31/12/201215/05/201314/06/2013DutchPDF
Abridged model31/12/201115/05/201209/08/2012DutchPDF
Abridged model31/12/201015/05/201128/06/2011DutchPDF
Abridged model31/12/200915/05/201019/07/2010DutchPDF
Abridged model31/12/200815/05/200909/07/2009DutchPDF
Abridged model31/12/200715/05/200824/06/2008DutchPDF
Abridged model31/12/200615/05/200706/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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.

Board of directors

Source · NBB, accounts to 30/06/2025

3 active · 11 ended

Active mandates

Artas

Director · since 28 juin 2024 · 0627.647.309

Represented by Martijn Wanten

Active
Green and Durable Group

Director · since 28 juin 2024 · 0776.532.114

Represented by Dennis Edey

Active
3S MANAGEMENT

Director · since 17 mai 2018 · 0877.607.302

Represented by Yves Struyve

Active

Ended mandates

DM Invest

Director · since 01 octobre 2018 · until 31 mars 2021 · 0699.698.216

Represented by Ignace Dumon

Ended
DM Invest

Director · since 01 octobre 2018 · 0699.698.216

Represented by Ignace Dumon

Ended
DM Invest

Manager · since 01 octobre 2018 · 0699.698.216

Represented by Ignace Dumon

Ended
3S MANAGEMENT

Director · since 17 mai 2018 · 0877.607.302

Represented by Yves Struyve

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates09/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares20/06/2023
    KAPITAAL - AANDELEN
    PDF
  • Mandates16/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/05/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/05/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/01/2021
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates04/12/2018
    ONTSLAGEN - BENOEMINGEN
    PDF

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 2025890,2 k €↓
  2. 2024
    Annual accounts 20242,4 M €↓
  3. 2023
    Annual accounts 202311,5 M €↑
  4. 2022
    Annual accounts 20225,2 M €↑
  5. 2021
    Annual accounts 20214,2 M €↑
  6. 2020
    Annual accounts 20202,1 M €↓
  7. 2019
    Annual accounts 20192,5 M €↑
  8. 2017
    Annual accounts 20171,4 M €↑
  9. 2016
    Annual accounts 20161,2 M €↑
  10. 2015
    Annual accounts 2015443,6 k €↑
  11. 2014
    Annual accounts 2014160,4 k €↑
  12. 2013
    Annual accounts 2013-63,3 k €↓
  13. 2012
    Annual accounts 2012-9,9 k €↓
  14. 2011
    Annual accounts 20112,4 M €↑
  15. 2010
    Annual accounts 2010974,9 k €↓
  16. 2009
    Annual accounts 20091,5 M €↑
  17. 2008
    Annual accounts 2008226,6 k €
  18. 09/11/2005
    IncorporationPrivate limited company