What does DEGROVEE do?

DEGROVEE is a commercial agency in Wervik. Public Limited, started on 9 July 1993, 2 establishments.

What is the address of DEGROVEE?

The registered office of DEGROVEE is located at Calvariestraat 10, 8940 Wervik.

Is DEGROVEE still active?

Yes. According to the CBE (29 October 2026) DEGROVEE is active, legal situation “Normale toestand”, started on 9 July 1993.

Is DEGROVEE registered on Peppol?

Yes, DEGROVEE is registered on the Peppol network with ID 0208:0450442363.

What is the enterprise number of DEGROVEE?

The enterprise number of DEGROVEE is BE0450442363.

When was DEGROVEE founded?

DEGROVEE was founded on 9 July 1993.

Who are the directors of DEGROVEE?

According to the 2025 annual accounts, the directors of DEGROVEE are: Stefaan Degroote, Ann Verbrugghe, Magda Herman.

Is DEGROVEE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 9 July 1993; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account; 2 establishments in the CBE.

How much profit did DEGROVEE make in 2025?

DEGROVEE posted a profit after taxes of € 183,990 in financial year 2025.

What is the revenue of DEGROVEE?

As a small company, DEGROVEE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 404,286.

How many employees does DEGROVEE have?

According to the 2025 annual accounts, DEGROVEE has 0 full-time equivalents (FTE).

DEGROVEE (Public Limited) - Wervik - BE0450442363

Dossier DEGROVEE, printed on 29 October 2026 from databakkes.be/en/0450442363/degrovee. 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 44 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

DEGROVEE from Wervik, company number BE0450442363, closed financial year 2025 with a result of € 183,990 after tax. For that financial year DEGROVEE recorded a gross margin of € 404,286 and equity of € 976,076. Compared with financial year 2024, the result moved from € 112,546 to € 183,990. 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 4, 2026.

What it is worth Growing

€ 976,076

▲ 17% vs 2024

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

Profit Growing

€ 183,990

▲ 63% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 13,216

▼ 76% vs 2024

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

Where the profit goes Pays out

€ 44,000 paid out

24 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

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

Vehicles and equipment

€ 100,857

▲ 15% 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.

€ 363,111

▲ 17% vs 2024

€ 137,706 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 7,203

▲ 22% vs 2024

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

Taxes and wages

€ 77,945

▲ € 71,403 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	€ 248,818 Gross margin 2022: € 248,818 First fiscal year in the series	€ 215,202 Gross margin 2023: € 215,202 ▼ 14% vs 2022 (€ 248,818) Unfavourable step	€ 280,074 Gross margin 2024: € 280,074 ▲ 30% vs 2023 (€ 215,202) Favourable step	€ 404,286 Gross margin 2025: € 404,286 ▲ 44% vs 2024 (€ 280,074) Favourable step	▲ 44%
Profit after taxes	€ 88,511 Profit after taxes 2022: € 88,511 First fiscal year in the series	€ 74,266 Profit after taxes 2023: € 74,266 ▼ 16% vs 2022 (€ 88,511) Unfavourable step	€ 112,546 Profit after taxes 2024: € 112,546 ▲ 52% vs 2023 (€ 74,266) Favourable step	€ 183,990 Profit after taxes 2025: € 183,990 ▲ 63% vs 2024 (€ 112,546) Favourable step	▲ 63%
Equity	€ 728,274 Equity 2022: € 728,274 First fiscal year in the series	€ 769,540 Equity 2023: € 769,540 ▲ 6% vs 2022 (€ 728,274) Favourable step	€ 836,086 Equity 2024: € 836,086 ▲ 9% vs 2023 (€ 769,540) Favourable step	€ 976,076 Equity 2025: € 976,076 ▲ 17% vs 2024 (€ 836,086) Favourable step	▲ 17%
Total debts	€ 606,654 Total debts 2022: € 606,654 First fiscal year in the series	€ 509,476 Total debts 2023: € 509,476 ▼ 16% vs 2022 (€ 606,654) Favourable step	€ 489,791 Total debts 2024: € 489,791 ▼ 4% vs 2023 (€ 509,476) Favourable step	€ 670,091 Total debts 2025: € 670,091 ▲ 37% vs 2024 (€ 489,791) Unfavourable step	▲ 37%
Cash	€ 33,485 Cash 2022: € 33,485 First fiscal year in the series	€ 39,426 Cash 2023: € 39,426 ▲ 18% vs 2022 (€ 33,485) Favourable step	€ 55,948 Cash 2024: € 55,948 ▲ 42% vs 2023 (€ 39,426) Favourable step	€ 13,216 Cash 2025: € 13,216 ▼ 76% vs 2024 (€ 55,948) Unfavourable step	▼ 76%
Land & buildings	€ 794,603 Land & buildings 2022: € 794,603 First fiscal year in the series	€ 749,561 Land & buildings 2023: € 749,561 ▼ 6% vs 2022 (€ 794,603) Unchanged	€ 726,527 Land & buildings 2024: € 726,527 ▼ 3% vs 2023 (€ 749,561) Unchanged	€ 915,416 Land & buildings 2025: € 915,416 ▲ 26% vs 2024 (€ 726,527) Unchanged	▲ 26%
Retained profit	€ 611,324 Retained profit 2022: € 611,324 First fiscal year in the series	€ 652,590 Retained profit 2023: € 652,590 ▲ 7% vs 2022 (€ 611,324) Favourable step	€ 719,136 Retained profit 2024: € 719,136 ▲ 10% vs 2023 (€ 652,590) Favourable step	€ 859,126 Retained profit 2025: € 859,126 ▲ 19% vs 2024 (€ 719,136) Favourable step	▲ 19%
Dividend	€ 33,000 Dividend 2022: € 33,000 First fiscal year in the series	€ 33,000 Dividend 2023: € 33,000 Unchanged (€ 33,000) Unchanged	€ 46,000 Dividend 2024: € 46,000 ▲ 39% vs 2023 (€ 33,000) Unchanged	€ 44,000 Dividend 2025: € 44,000 ▼ 4% vs 2024 (€ 46,000) Unchanged	▼ 4%
Bank debt	€ 418,931 Bank debt 2022: € 418,931 First fiscal year in the series	€ 316,716 Bank debt 2023: € 316,716 ▼ 24% vs 2022 (€ 418,931) Favourable step	€ 309,984 Bank debt 2024: € 309,984 ▼ 2% vs 2023 (€ 316,716) Favourable step	€ 363,111 Bank debt 2025: € 363,111 ▲ 17% vs 2024 (€ 309,984) Unfavourable step	▲ 17%
Balance sheet total	€ 1,356,702 Balance sheet total 2022: € 1,356,702 First fiscal year in the series	€ 1,279,016 Balance sheet total 2023: € 1,279,016 ▼ 6% vs 2022 (€ 1,356,702) Unchanged	€ 1,325,877 Balance sheet total 2024: € 1,325,877 ▲ 4% vs 2023 (€ 1,279,016) Unchanged	€ 1,646,167 Balance sheet total 2025: € 1,646,167 ▲ 24% vs 2024 (€ 1,325,877) Unchanged	▲ 24%

Key figures of DEGROVEE, 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 DEGROVEE?

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

Jun 4, 2026 New annual accounts for financial year 2025: profit of € 183,990 (▲ 63% vs 2024). Source: NBB ↗
2022 Stefaan Degroote became a director. NBB
2022 Ann Verbrugghe became a director. NBB
2022 Magda Herman became a director. NBB
Jan 1, 2004 New establishment in Wervik. KBO
Jul 20, 1993 New establishment in Wervik. KBO
Jul 9, 1993 Start of the company according to the CBE. KBO

In short

From € 88,511 profit in 2022 to € 183,990 profit in 2025.

Paid € 181,559 in corporate taxes since 2022.

Best year ever: 2025, with € 183,990 profit.

Paid out € 156,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Stefaan Degroote Ann Verbrugghe Magda Herman

DEGROVEE

Behind DEGROVEE are Stefaan Degroote, Ann Verbrugghe and Magda Herman.

Directors

According to the 2025 annual accounts

Stefaan Degroote

Managing director

since 2022

Ann Verbrugghe

Director

since 2022

Magda Herman

Director

since 2022

Establishments

Establishment units

Physical locations of this company

Registered office

Calvariestraat 10

8940 Wervik

2.190.578.318

Calvariestraat 12

8940 Wervik

Active since 1 January 2004

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

Details

Company number

0450.442.363

VAT number

BE 0450.442.363

Registered office

Calvariestraat 10, 8940 Wervik

Names & denominations

DEGROVEE

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

9 July 1993

Peppol

Active · Active since 23 Feb 2026

Activities · NACE

Handelsbemiddeling in de groothandel in landbouwgrondstoffen, levende dieren en textielgrondstoffen en halffabricaten

Handelsbemiddeling in landbouwproducten, levende dieren, textielgrondstoffen en halffabrikaten

Fokken en houden van melkvee

Rundveehouderij

View on CBE Public ↗ Annual accounts (NBB) ↗

DEGROVEE

Warning lights

Financials

What happened to DEGROVEE?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions