Financials
Financial year 2025
GROOVELAB from Sint-Martens-Latem, company number BE0451373761, closed financial year 2025 with a result of € 7,547 after tax. For that financial year GROOVELAB recorded revenue of € 135,860 and equity of € 37,560. Compared with financial year 2024, the result moved from € -4,376 to € 7,547. 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 27, 2025.
€ 37,560
▲ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,547
▲ still € 4,376 loss in 2024
Profit after tax over the fiscal year.
€ 18,233
▲ 266% 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 € 29,955.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,202
▼ 57% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,268
Supplier invoices still open on the last day of the fiscal year.
€ 7,131
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 107,020 | € 133,188 | € 126,535 | € 135,860 | ▲ 7% |
| Gross margin | € 5,882 | € 2,648 | € 11,335 | € 14,485 | ▲ 28% |
| Profit after taxes | € -6,536 | € -9,577 | € -4,376 | € 7,547 | ▲ € 11,923 |
| Equity | € 43,966 | € 34,389 | € 30,013 | € 37,560 | ▲ 25% |
| Total debts | € 21,496 | € 22,818 | € 22,199 | € 19,768 | ▼ 11% |
| Cash | € 8,178 | € 11,560 | € 4,975 | € 18,233 | ▲ 266% |
| Retained profit | € 36,361 | € 26,784 | € 22,408 | € 29,955 | ▲ 34% |
| Balance sheet total | € 65,462 | € 57,207 | € 52,212 | € 57,328 | ▲ 10% |
Key figures of GROOVELAB, 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 October 2026.
What happened to GROOVELAB?
What happened at GROOVELAB in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 7,547. Source: NBB ↗
- New establishment in Sint-Martens-Latem. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,536 loss in 2022 to € 7,547 profit in 2025.
Paid € 2,447 in corporate taxes since 2022.
Best year ever: 2025, with € 7,547 profit.
A new publication or filing at GROOVELAB? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
FRANK STEVENS
Manager
Establishments
Establishment units
Physical locations of this company
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 16 Oct 2025
- Activities · NACE
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