What does GROENHOVE-TORHOUT do?

GROENHOVE-TORHOUT is a sports facility in Torhout. Private Limited, started on 25 July 1990, 1 establishment.

What is the address of GROENHOVE-TORHOUT?

The registered office of GROENHOVE-TORHOUT is located at Bosdreef 8, 8820 Torhout.

Is GROENHOVE-TORHOUT still active?

Yes. According to the CBE (30 October 2026) GROENHOVE-TORHOUT is active, legal situation “Normale toestand”, started on 25 July 1990.

Is GROENHOVE-TORHOUT registered on Peppol?

Yes, GROENHOVE-TORHOUT is registered on the Peppol network with ID 0208:0441563497.

What is the enterprise number of GROENHOVE-TORHOUT?

The enterprise number of GROENHOVE-TORHOUT is BE0441563497.

When was GROENHOVE-TORHOUT founded?

GROENHOVE-TORHOUT was founded on 25 July 1990.

Who are the directors of GROENHOVE-TORHOUT?

According to the 2025 annual accounts, the directors of GROENHOVE-TORHOUT are: Bruno Pieters, Katrien Vancoillie.

Is GROENHOVE-TORHOUT a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 25 July 1990; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did GROENHOVE-TORHOUT make in 2025?

GROENHOVE-TORHOUT posted a profit after taxes of € 25,857 in financial year 2025.

What is the revenue of GROENHOVE-TORHOUT?

As a small company, GROENHOVE-TORHOUT is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 171,400.

How much does an employee at GROENHOVE-TORHOUT earn?

The average wage cost per full-time employee at GROENHOVE-TORHOUT was € 49,300 in 2025: staff costs of € 49,253 for 1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does GROENHOVE-TORHOUT have?

According to the 2025 annual accounts, GROENHOVE-TORHOUT has 1 full-time equivalents (FTE).

GROENHOVE-TORHOUT (Private Limited) - Torhout

Dossier GROENHOVE-TORHOUT, printed on 30 October 2026 from databakkes.be/en/0441563497/groenhove-torhout. 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.

Tight liquidity NBB

Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

GROENHOVE-TORHOUT from Torhout, company number BE0441563497, closed financial year 2025 with a result of € 25,857 after tax. For that financial year GROENHOVE-TORHOUT recorded a gross margin of € 171,400 and equity of € 360,260. Compared with financial year 2024, the result moved from € 17,411 to € 25,857. 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 March 23, 2026.

What it is worth Growing

€ 360,260

▲ 8% vs 2024

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

Profit Growing

€ 25,857

▲ 49% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 22,736

▲ 19% 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 € 207,169.

People and assets in 2025

Full-time equivalents

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

Wage cost

€ 49,253

▼ 2% vs 2024

€ 49,300 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

€ 38,100

▼ 31% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 190,378

▼ 23% vs 2024

€ 58,664 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 33,306

▼ 38% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 22,032

▲ 20% 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
Gross margin	€ 145,285 Gross margin 2022: € 145,285 First fiscal year in the series	€ 164,847 Gross margin 2023: € 164,847 ▲ 13% vs 2022 (€ 145,285) Favourable step	€ 165,988 Gross margin 2024: € 165,988 ▲ 1% vs 2023 (€ 164,847) Favourable step	€ 171,400 Gross margin 2025: € 171,400 ▲ 3% vs 2024 (€ 165,988) Favourable step	▲ 3%
Profit after taxes	€ 18,794 Profit after taxes 2022: € 18,794 First fiscal year in the series	€ 18,144 Profit after taxes 2023: € 18,144 ▼ 3% vs 2022 (€ 18,794) Unfavourable step	€ 17,411 Profit after taxes 2024: € 17,411 ▼ 4% vs 2023 (€ 18,144) Unfavourable step	€ 25,857 Profit after taxes 2025: € 25,857 ▲ 49% vs 2024 (€ 17,411) Favourable step	▲ 49%
Equity	€ 302,147 Equity 2022: € 302,147 First fiscal year in the series	€ 316,992 Equity 2023: € 316,992 ▲ 5% vs 2022 (€ 302,147) Favourable step	€ 334,404 Equity 2024: € 334,404 ▲ 5% vs 2023 (€ 316,992) Favourable step	€ 360,260 Equity 2025: € 360,260 ▲ 8% vs 2024 (€ 334,404) Favourable step	▲ 8%
Total debts	€ 371,769 Total debts 2022: € 371,769 First fiscal year in the series	€ 402,120 Total debts 2023: € 402,120 ▲ 8% vs 2022 (€ 371,769) Unfavourable step	€ 368,054 Total debts 2024: € 368,054 ▼ 8% vs 2023 (€ 402,120) Favourable step	€ 292,683 Total debts 2025: € 292,683 ▼ 20% vs 2024 (€ 368,054) Favourable step	▼ 20%
Cash	€ 13,686 Cash 2022: € 13,686 First fiscal year in the series	€ 21,045 Cash 2023: € 21,045 ▲ 54% vs 2022 (€ 13,686) Favourable step	€ 19,123 Cash 2024: € 19,123 ▼ 9% vs 2023 (€ 21,045) Unfavourable step	€ 22,736 Cash 2025: € 22,736 ▲ 19% vs 2024 (€ 19,123) Favourable step	▲ 19%
Land & buildings	€ 461,293 Land & buildings 2022: € 461,293 First fiscal year in the series	€ 463,975 Land & buildings 2023: € 463,975 ▲ 1% vs 2022 (€ 461,293) Unchanged	€ 459,285 Land & buildings 2024: € 459,285 ▼ 1% vs 2023 (€ 463,975) Unchanged	€ 426,341 Land & buildings 2025: € 426,341 ▼ 7% vs 2024 (€ 459,285) Unchanged	▼ 7%
Retained profit	€ 132,121 Retained profit 2022: € 132,121 First fiscal year in the series	€ 154,811 Retained profit 2023: € 154,811 ▲ 17% vs 2022 (€ 132,121) Favourable step	€ 176,767 Retained profit 2024: € 176,767 ▲ 14% vs 2023 (€ 154,811) Favourable step	€ 207,169 Retained profit 2025: € 207,169 ▲ 17% vs 2024 (€ 176,767) Favourable step	▲ 17%
Bank debt	€ 244,737 Bank debt 2022: € 244,737 First fiscal year in the series	€ 303,933 Bank debt 2023: € 303,933 ▲ 24% vs 2022 (€ 244,737) Unfavourable step	€ 248,550 Bank debt 2024: € 248,550 ▼ 18% vs 2023 (€ 303,933) Favourable step	€ 190,378 Bank debt 2025: € 190,378 ▼ 23% vs 2024 (€ 248,550) Favourable step	▼ 23%
Balance sheet total	€ 682,624 Balance sheet total 2022: € 682,624 First fiscal year in the series	€ 722,394 Balance sheet total 2023: € 722,394 ▲ 6% vs 2022 (€ 682,624) Unchanged	€ 707,869 Balance sheet total 2024: € 707,869 ▼ 2% vs 2023 (€ 722,394) Unchanged	€ 661,261 Balance sheet total 2025: € 661,261 ▼ 7% vs 2024 (€ 707,869) Unchanged	▼ 7%
Employees (FTE)	1.1 Employees (FTE) 2022: 1.1 First fiscal year in the series	1 Employees (FTE) 2023: 1 ▼ 0.1 vs 2022 (1.1) Unchanged	1 Employees (FTE) 2024: 1 Unchanged (1) Unchanged	1 Employees (FTE) 2025: 1 Unchanged (1) Unchanged

Key figures of GROENHOVE-TORHOUT, 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 GROENHOVE-TORHOUT?

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

Mar 23, 2026 New annual accounts for financial year 2025: profit of € 25,857 (▲ 49% vs 2024). Source: NBB ↗
Jul 9, 1993 New establishment in Torhout. KBO
Jul 25, 1990 Start of the company according to the CBE. KBO

In short

From € 18,794 profit in 2022 to € 25,857 profit in 2025.

Paid € 33,487 in corporate taxes since 2022.

Best year ever: 2025, with € 25,857 profit.

On average € 171,400 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Bruno Pieters Katrien Vancoillie

GROENHOVE-TORHOUT

Behind GROENHOVE-TORHOUT are Bruno Pieters and Katrien Vancoillie.

Directors

According to the 2025 annual accounts

Bruno Pieters

Director

Katrien Vancoillie

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Bosdreef 8

8820 Torhout

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

Details

Company number

0441.563.497

VAT number

BE 0441.563.497

Registered office

Bosdreef 8, 8820 Torhout

Names & denominations

GROENHOVE-TORHOUT

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

25 July 1990

Peppol

Active · Active since 30 Dec 2025

Activities · NACE

Exploitatie van sportaccommodaties

Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden

Groothandel in levend vee

Fokken en houden van paarden en andere paardachtigen

Sport- en recreatieonderwijs

Eetgelegenheden met beperkte bediening

View on CBE Public ↗ Annual accounts (NBB) ↗

GROENHOVE-TORHOUT

Warning lights

Financials

What happened to GROENHOVE-TORHOUT?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions