Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 24 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GROENINGEN from Ninove, company number BE0420579033, closed financial year 2025 with a result of € 470,586 after tax. For that financial year GROENINGEN recorded a gross margin of € 2.3 million and equity of € 13.5 million. Compared with financial year 2024, the result moved from € 79,390 to € 470,586. 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 June 30, 2026.
€ 13.5 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 470,586
▲ € 391,196 vs 2024
Profit after tax over the fiscal year.
€ 618,291
▲ 106% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 7.8 million.
People and assets in 2025
3
Average over the fiscal year, from the social balance sheet.
€ 193,273
▲ 7% vs 2024
€ 64,400 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.
€ 96,767
▲ 10% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 5.9 million
▼ 15% vs 2024
€ 101,142 is repaid this year. At this pace the long-term loan is gone in ≈ 31 years.
€ 206,759
Supplier invoices still open on the last day of the fiscal year.
€ 66,228
▲ 214% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 760,647 | € 1,491,801 | € 1,969,564 | € 2,342,746 | ▲ 19% |
| Profit after taxes | € -251,595 | € -234,661 | € 79,390 | € 470,586 | ▲ € 391,196 |
| Equity | € 13,214,966 | € 12,980,305 | € 13,059,695 | € 13,530,281 | ▲ 4% |
| Total debts | € 4,890,945 | € 7,234,031 | € 7,220,737 | € 6,195,037 | ▼ 14% |
| Cash | € 9,000 | € 9,370 | € 299,509 | € 618,291 | ▲ 106% |
| Land & buildings | € 16,094,894 | € 16,536,288 | € 16,312,197 | € 15,585,227 | ▼ 4% |
| Retained profit | € 7,519,736 | € 7,285,075 | € 7,364,465 | € 7,835,051 | ▲ 6% |
| Bank debt | € 4,662,697 | € 6,888,363 | € 6,951,177 | € 5,902,934 | ▼ 15% |
| Balance sheet total | € 18,263,878 | € 20,296,787 | € 20,362,883 | € 19,807,769 | ▼ 3% |
| Employees (FTE) | 3 | 3.5 | 3 | 3 |
Key figures of GROENINGEN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to GROENINGEN?
What happened at GROENINGEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Valerie Sienaert stepped down as director. NBB
- jochen Sienaert stepped down as director. NBB
- joy Sienaert stepped down as director. NBB
- Johan Sienaert stepped down as director. NBB
- Paul Sienaert stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 470,586 (▲ € 391,196 vs 2024). Source: NBB ↗
- Valerie Sienaert became a director. NBB
- jochen Sienaert became a director. NBB
In short
From € 251,595 loss in 2022 to € 470,586 profit in 2025.
Paid € 588,666 in corporate taxes since 2022.
Best year ever: 2025, with € 470,586 profit.
On average € 780,900 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Valerie Sienaert
Director
since 2022 · until 2028
since 2022 · until 2028
since 2022 · until 2028
since 2016 · until 2028
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Aalstersesteenweg 362 box A
9400 Ninove
Aalstersesteenweg 362 A
9400 Ninove
Active since 13 May 1980
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
WIX_COM, IL
Website info
Features
Security
Details
- Company number
- 0420.579.033
- VAT number
- BE 0420.579.033
- Registered office
- Aalstersesteenweg 362 bus A, 9400 Ninove
- Names & denominations
- GROENINGEN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 May 1980
- Peppol
- Active · Active since 12 Jan 2026
- Contact
- hoftergroeningen.be
- Activities · NACE
Gemengd landbouwbedrijf
Gemengd bedrijf
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en lease van landbouwmachines en -werktuigen
Teelt van andere granen dan rijst, en van peulgewassen en oliehoudende zaden
Bosbouw en bosbouwactiviteiten
Overige ondersteunende activiteiten in verband met financiële diensten, neg, exclusief verzekeringen en pensioenfondsen
Handel in eigen onroerend goed