Gravo is a construction company in Brasschaat. Public Limited, started on 1 January 1968, 1 establishment.

What is the address of Gravo?

The registered office of Gravo is located at Ruiterijschool 14, 2930 Brasschaat.

Is Gravo still active?

Yes. According to the CBE (29 October 2026) Gravo is active, legal situation “Normale toestand”, started on 1 January 1968.

Is Gravo registered on Peppol?

Yes, Gravo is registered on the Peppol network with ID 0208:0403720433.

What is the enterprise number of Gravo?

The enterprise number of Gravo is BE0403720433.

When was Gravo founded?

Gravo was founded on 1 January 1968.

Who are the directors of Gravo?

According to the 2025 annual accounts, the directors of Gravo are: Naomi Smets, Omar Smets, Herbert Smets.

Is Gravo a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 January 1968; 4 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did Gravo make in 2025?

Gravo posted a profit after taxes of € 653,850 in financial year 2025.

What is the revenue of Gravo?

In its most recent annual accounts (2025), Gravo reported revenue of € 17,254,169.

How much does an employee at Gravo earn?

The average wage cost per full-time employee at Gravo was € 57,900 in 2025: staff costs of € 3.8 million for 66.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Gravo have?

According to the 2025 annual accounts, Gravo has 66.5 full-time equivalents (FTE).

Does Gravo have a website?

Yes, Gravo has a website at gravo.be.

Gravo (Public Limited) - Brasschaat - BE0403720433

Dossier Gravo, printed on 29 October 2026 from databakkes.be/en/0403720433/gravo. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Shrinking team NBB

FTE fell two years in a row, from 78.2 to 66.5.
Busy address KBO

13 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

Gravo from Brasschaat, company number BE0403720433, closed financial year 2025 with a result of € 653,850 after tax. For that financial year Gravo recorded revenue of € 17.3 million and equity of € 10.4 million. Compared with financial year 2024, the result moved from € 76,109 to € 653,850. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 12, 2026.

What it is worth Growing

€ 10.4 million

▲ 7% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 653,850

▲ € 577,741 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 90,243

▼ 43% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 3.3 million.

People and assets in 2025

Full-time equivalents

66.5

▼ 4.5 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 2.6 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 3.8 million

€ 57,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 1.2 million

▼ 11% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 1.9 million

▼ 60% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 737,440

▼ 52% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 31 days on average.

Taxes and wages

€ 665,251

▲ 58% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 12,888,373 Revenue 2022: € 12,888,373 First fiscal year in the series	€ 12,845,954 Revenue 2023: € 12,845,954 Unchanged (€ 12,888,373) Unfavourable step	€ 14,262,246 Revenue 2024: € 14,262,246 ▲ 11% vs 2023 (€ 12,845,954) Favourable step	€ 17,254,169 Revenue 2025: € 17,254,169 ▲ 21% vs 2024 (€ 14,262,246) Favourable step	▲ 21%
Profit after taxes	€ 340,707 Profit after taxes 2022: € 340,707 First fiscal year in the series	€ 66,757 Profit after taxes 2023: € 66,757 ▼ 80% vs 2022 (€ 340,707) Unfavourable step	€ 76,109 Profit after taxes 2024: € 76,109 ▲ 14% vs 2023 (€ 66,757) Favourable step	€ 653,850 Profit after taxes 2025: € 653,850 ▲ € 577,741 vs 2024 (€ 76,109) Favourable step	▲ € 577,741
Equity	€ 12,667,126 Equity 2022: € 12,667,126 First fiscal year in the series	€ 9,633,883 Equity 2023: € 9,633,883 ▼ 24% vs 2022 (€ 12,667,126) Unfavourable step	€ 9,709,992 Equity 2024: € 9,709,992 ▲ 1% vs 2023 (€ 9,633,883) Favourable step	€ 10,363,842 Equity 2025: € 10,363,842 ▲ 7% vs 2024 (€ 9,709,992) Favourable step	▲ 7%
Total debts	€ 986,898 Total debts 2022: € 986,898 First fiscal year in the series	€ 7,371,380 Total debts 2023: € 7,371,380 ▲ € 6.4 million vs 2022 (€ 986,898) Unfavourable step	€ 6,699,441 Total debts 2024: € 6,699,441 ▼ 9% vs 2023 (€ 7,371,380) Favourable step	€ 3,480,428 Total debts 2025: € 3,480,428 ▼ 48% vs 2024 (€ 6,699,441) Favourable step	▼ 48%
Cash	€ 484,849 Cash 2022: € 484,849 First fiscal year in the series	€ 3,600,836 Cash 2023: € 3,600,836 ▲ € 3.1 million vs 2022 (€ 484,849) Favourable step	€ 159,113 Cash 2024: € 159,113 ▼ 96% vs 2023 (€ 3,600,836) Unfavourable step	€ 90,243 Cash 2025: € 90,243 ▼ 43% vs 2024 (€ 159,113) Unfavourable step	▼ 43%
Land & buildings	€ 3,604,281 Land & buildings 2022: € 3,604,281 First fiscal year in the series	-	-	-
Retained profit	€ 5,592,726 Retained profit 2022: € 5,592,726 First fiscal year in the series	€ 2,559,483 Retained profit 2023: € 2,559,483 ▼ 54% vs 2022 (€ 5,592,726) Unfavourable step	€ 2,635,592 Retained profit 2024: € 2,635,592 ▲ 3% vs 2023 (€ 2,559,483) Favourable step	€ 3,289,442 Retained profit 2025: € 3,289,442 ▲ 25% vs 2024 (€ 2,635,592) Favourable step	▲ 25%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 3,100,000 Dividend 2023: € 3,100,000 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 3,100,000) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 227,379 Bank debt 2022: € 227,379 First fiscal year in the series	€ 3,150,793 Bank debt 2023: € 3,150,793 ▲ € 2.9 million vs 2022 (€ 227,379) Unfavourable step	€ 4,627,026 Bank debt 2024: € 4,627,026 ▲ 47% vs 2023 (€ 3,150,793) Unfavourable step	€ 1,870,000 Bank debt 2025: € 1,870,000 ▼ 60% vs 2024 (€ 4,627,026) Favourable step	▼ 60%
Balance sheet total	€ 13,654,024 Balance sheet total 2022: € 13,654,024 First fiscal year in the series	€ 17,005,263 Balance sheet total 2023: € 17,005,263 ▲ 25% vs 2022 (€ 13,654,024) Unchanged	€ 16,409,433 Balance sheet total 2024: € 16,409,433 ▼ 4% vs 2023 (€ 17,005,263) Unchanged	€ 13,844,270 Balance sheet total 2025: € 13,844,270 ▼ 16% vs 2024 (€ 16,409,433) Unchanged	▼ 16%
Employees (FTE)	74.5 Employees (FTE) 2022: 74.5 First fiscal year in the series	78.2 Employees (FTE) 2023: 78.2 ▲ 3.7 vs 2022 (74.5) Unchanged	71 Employees (FTE) 2024: 71 ▼ 7.2 vs 2023 (78.2) Unchanged	66.5 Employees (FTE) 2025: 66.5 ▼ 4.5 vs 2024 (71) Unchanged	▼ 4.5

Key figures of Gravo, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to Gravo?

What happened at Gravo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 Naomi Smets stepped down as director. NBB
2029 Omar Smets stepped down as director. NBB
2029 Herbert Smets stepped down as director. NBB
Jan 12, 2026 New annual accounts for financial year 2025: profit of € 653,850 (▲ € 577,741 vs 2024). Source: NBB ↗
2023 Naomi Smets became a director. NBB
2023 Omar Smets became a director. NBB
2023 Herbert Smets became a director. NBB
Jan 1, 1968 Start of the company according to the CBE. KBO

In short

From € 340,707 profit in 2022 to € 653,850 profit in 2025.

Paid € 610,172 in corporate taxes since 2022.

Best year ever: 2025, with € 653,850 profit.

Paid out € 3.1 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

DOZAN 60%

AREA 40%

The stake of DOZAN, AREA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Gravo

The shares are held by DOZAN (60%) and AREA (40%).

Directors

According to the 2025 annual accounts

Naomi Smets

Director

Also active at: HIN&CO

since 2023 · until 2029

Omar Smets

Director

Also active at: GELEEFD HOUT

since 2023 · until 2029

Herbert Smets

Managing director

Also active at: AREA, CITTA, HIN&CO, DOZAN

since 2023 · until 2029

Shareholders

DOZAN

60%

AREA

40%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Ruiterijschool 14

2930 Brasschaat

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.

All companies at this address →

BBCOPA Bakery Group

€ 1.9 million gross margin · 2025

AREA same network

€ -1,030 gross margin · 2025

VE MONTAGE EN INSTALLATIE

€ 83,610 gross margin · 2024

Jumbo België

€ 161.5 million revenue · 2025

RETAIL BOUW MANAGEMENT

€ 246,846 gross margin · 2025

+8 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS gravo.be

Canonical: https://www.gravo.be/

About

Technologies

Amazon CloudFrontFont AwesomeJavaNginxPWAjQuery

Certifications & Partners

VCAVCA*VCA**

Hosting & Email

Email provider

Microsoft 365

Hosting

AMAZON-02 - Amazon.com, Inc., US

Website info

HTTPS Ja

Languages NL

Features

Blog Jobs Contact page

Security

✓ HTTPS

✓ SPF

✗ DMARC

Network

✓ Load balancing

Details

Company number

0403.720.433

VAT number

BE 0403.720.433

Registered office

Ruiterijschool 14, 2930 Brasschaat

Names & denominations

Gravo

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

1 January 1968

Peppol

Active · Active since 1 Jul 2025

Contact

gravo.be

Activities · NACE

Algemene bouw van residentiële gebouwen

Bouwrijp maken van terreinen

Grondverzet

View on CBE Public ↗ Annual accounts (NBB) ↗

Gravo

Warning lights

Financials

What happened to Gravo?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Website

Technologies

Certifications & Partners

Hosting & Email

Website info

Features

Security

Network

Details

Frequently asked questions