What does GROOVELAB do?

GROOVELAB is filed with the CBE under the catch-all “Overige zakelijke dienstverlening”. Also registered: performing arts producer. Private Limited, started on 9 November 1993, 1 establishment.

What is the address of GROOVELAB?

The registered office of GROOVELAB is located at Twee Dreven 61, 9830 Sint-Martens-Latem.

Is GROOVELAB still active?

Yes. According to the CBE (2 November 2026) GROOVELAB is active, legal situation “Normale toestand”, started on 9 November 1993.

Is GROOVELAB registered on Peppol?

Yes, GROOVELAB is registered on the Peppol network with ID 0208:0451373761.

What is the enterprise number of GROOVELAB?

The enterprise number of GROOVELAB is BE0451373761.

When was GROOVELAB founded?

GROOVELAB was founded on 9 November 1993.

Who are the directors of GROOVELAB?

According to the 2026 annual accounts, the directors of GROOVELAB are: FRANK STEVENS.

Is GROOVELAB a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 9 November 1993; 5 annual accounts filed, latest fiscal year 2026; 1 directors known from the annual account.

How much profit did GROOVELAB make in 2026?

GROOVELAB posted a profit after taxes of € 42,939 in financial year 2026.

What is the revenue of GROOVELAB?

In its most recent annual accounts (2026), GROOVELAB reported revenue of € 172,284.

GROOVELAB (Private Limited) - Sint-Martens-Latem

Dossier GROOVELAB, printed on 3 November 2026 from databakkes.be/en/0451373761/groovelab. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2026

GROOVELAB from Sint-Martens-Latem, company number BE0451373761, closed financial year 2026 with a result of € 42,939 after tax. For that financial year GROOVELAB recorded revenue of € 172,284 and equity of € 64,030. Compared with financial year 2025, the result moved from € 7,547 to € 42,939. 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 October 29, 2026.

What it is worth Growing

€ 64,030

▲ 70% vs 2025

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

Profit Growing

€ 42,939

▲ € 35,392 vs 2025

Profit after tax over the fiscal year.

Cash in the bank

€ 34,500

▲ 89% vs 2025

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

Where the profit goes Growing

Stays in the company

No dividend for 2026. Retained profit grew to € 56,425.

People and assets in 2026

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Debts at end 2026

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 10,116

▲ 210% vs 2025

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

Taxes

€ 8,230

▲ 15% vs 2025

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2023	2024	2025	2026	Change 2025 → 2026
Revenue	€ 133,188 Revenue 2023: € 133,188 First fiscal year in the series	€ 126,535 Revenue 2024: € 126,535 ▼ 5% vs 2023 (€ 133,188) Unfavourable step	€ 135,860 Revenue 2025: € 135,860 ▲ 7% vs 2024 (€ 126,535) Favourable step	€ 172,284 Revenue 2026: € 172,284 ▲ 27% vs 2025 (€ 135,860) Favourable step	▲ 27%
Gross margin	€ 2,648 Gross margin 2023: € 2,648 First fiscal year in the series	€ 11,335 Gross margin 2024: € 11,335 ▲ € 8,687 vs 2023 (€ 2,648) Favourable step	€ 14,485 Gross margin 2025: € 14,485 ▲ 28% vs 2024 (€ 11,335) Favourable step	€ 60,820 Gross margin 2026: € 60,820 ▲ € 46,335 vs 2025 (€ 14,485) Favourable step	▲ € 46,335
Profit after taxes	€ -9,577 Profit after taxes 2023: € -9,577 First fiscal year in the series	€ -4,376 Profit after taxes 2024: € -4,376 ▲ € 5,201 vs 2023 (€ -9,577) Favourable step	€ 7,547 Profit after taxes 2025: € 7,547 ▲ € 11,923 vs 2024 (€ -4,376) Favourable step	€ 42,939 Profit after taxes 2026: € 42,939 ▲ € 35,392 vs 2025 (€ 7,547) Favourable step	▲ € 35,392
Equity	€ 34,389 Equity 2023: € 34,389 First fiscal year in the series	€ 30,013 Equity 2024: € 30,013 ▼ 13% vs 2023 (€ 34,389) Unfavourable step	€ 37,560 Equity 2025: € 37,560 ▲ 25% vs 2024 (€ 30,013) Favourable step	€ 64,030 Equity 2026: € 64,030 ▲ 70% vs 2025 (€ 37,560) Favourable step	▲ 70%
Total debts	€ 22,818 Total debts 2023: € 22,818 First fiscal year in the series	€ 22,199 Total debts 2024: € 22,199 ▼ 3% vs 2023 (€ 22,818) Favourable step	€ 19,768 Total debts 2025: € 19,768 ▼ 11% vs 2024 (€ 22,199) Favourable step	€ 47,549 Total debts 2026: € 47,549 ▲ 141% vs 2025 (€ 19,768) Unfavourable step	▲ 141%
Cash	€ 11,560 Cash 2023: € 11,560 First fiscal year in the series	€ 4,975 Cash 2024: € 4,975 ▼ 57% vs 2023 (€ 11,560) Unfavourable step	€ 18,233 Cash 2025: € 18,233 ▲ 266% vs 2024 (€ 4,975) Favourable step	€ 34,500 Cash 2026: € 34,500 ▲ 89% vs 2025 (€ 18,233) Favourable step	▲ 89%
Retained profit	€ 26,784 Retained profit 2023: € 26,784 First fiscal year in the series	€ 22,408 Retained profit 2024: € 22,408 ▼ 16% vs 2023 (€ 26,784) Unfavourable step	€ 29,955 Retained profit 2025: € 29,955 ▲ 34% vs 2024 (€ 22,408) Favourable step	€ 56,425 Retained profit 2026: € 56,425 ▲ 88% vs 2025 (€ 29,955) Favourable step	▲ 88%
Balance sheet total	€ 57,207 Balance sheet total 2023: € 57,207 First fiscal year in the series	€ 52,212 Balance sheet total 2024: € 52,212 ▼ 9% vs 2023 (€ 57,207) Unchanged	€ 57,328 Balance sheet total 2025: € 57,328 ▲ 10% vs 2024 (€ 52,212) Unchanged	€ 111,579 Balance sheet total 2026: € 111,579 ▲ 95% vs 2025 (€ 57,328) Unchanged	▲ 95%

Key figures of GROOVELAB, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.

What happened to GROOVELAB?

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

Oct 29, 2026 New annual accounts for financial year 2026: profit of € 42,939 (▲ € 35,392 vs 2025). Source: NBB ↗
Jun 25, 2001 New establishment in Sint-Martens-Latem. KBO
Nov 9, 1993 Start of the company according to the CBE. KBO

In short

From € 9,577 loss in 2023 to € 42,939 profit in 2026.

Paid € 16,588 in corporate taxes since 2023.

Best year ever: 2026, with € 42,939 profit.

Original PDFs at the National Bank ↗

Management

FRANK STEVENS

GROOVELAB

Behind GROOVELAB is FRANK STEVENS.

Directors

According to the 2026 annual accounts

FRANK STEVENS

Manager

Establishments

Establishment units

Physical locations of this company

Registered office

Twee Dreven 61

9830 Sint-Martens-Latem

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

Details

Company number

0451.373.761

VAT number

BE 0451.373.761

Registered office

Twee Dreven 61, 9830 Sint-Martens-Latem

Names & denominations

GROOVELAB

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

9 November 1993

Peppol

Active · Active since 26 Oct 2026

Activities · NACE

Overige zakelijke dienstverlening, neg

Promotie en organisatie van scheppende en uitvoerende kunstevenementen

Promotie en organisatie van uitvoerende kunstevenementen

View on CBE Public ↗ Annual accounts (NBB) ↗

GROOVELAB

Financials

What happened to GROOVELAB?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions