ACTIVE

GRW Industrial Vehicles

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Financial year 2025 · Closed on 31/03/2025

Net result5 M €
Revenue51,7 M €
Equity5 M €
Workforce140,3 ETP

Identity

Source · BCE/KBO

GRW Industrial Vehicles is a Private limited company incorporated in 2024. Its main activity is: Manufacture of motor vehicles. Its registered office is in Lier. It employs on average 140,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 1008.284.910
Incorporation
11/04/2024
Legal form
Private limited company
Registered office
Burgemeester Hensstraat 11
2500 Lier · FlandreSee on map
Contributed capital
1,00 €
Latest accounts
31/03/2025
Average workforce
140,3 ETP
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 1 filing

Trend over 1 financial year

2025
Income statement
Revenue51,7 M €
EBITDA10,5 M €
Operating result7,3 M €
Net result5 M €
Balance sheet
Equity5 M €
Total assets32,2 M €
Cash5,3 M €
Debts20,7 M €
Other
Workforce140,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/03/2025

5 active

Active mandates

Andreas Schmitz

Director · since 20 mai 2024

Active
Jean-Paul Harteman

Director · since 20 mai 2024 · until 31 octobre 2024

Active
Marnix Lannoije

Director · since 20 mai 2024

Active
Gerhard Jaco Van Der Merwe

Director · since 11 avril 2024

Active
Gillaume Ioan Hager

Director · since 11 avril 2024

Active

Full financial information

Source · NBB
2025
Type of accountFull model
Start of the financial year11/04/2024
Closing of the financial year31/03/2025
Length of the financial year12 months
Filing date18/09/2025
General meeting11/09/2025
Currency of the financial yearEUR
NBB quality labelSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 1 filing
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/03/202511/09/202518/09/2025DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 31/03/2025

5 active

Active mandates

Andreas Schmitz

Director · since 20 mai 2024

Active
Jean-Paul Harteman

Director · since 20 mai 2024 · until 31 octobre 2024

Active
Marnix Lannoije

Director · since 20 mai 2024

Active
Gerhard Jaco Van Der Merwe

Director · since 11 avril 2024

Active
Gillaume Ioan Hager

Director · since 11 avril 2024

Active

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates04/09/2026
    ONTSLAG BESTUURDER - VOLMACHT
    PDF
  • Mandates28/11/2024
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other02/08/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates28/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other15/04/2024
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 20255 M €
  2. 11/04/2024
    IncorporationPrivate limited company