GROVI is registered with the CBE as active in: Managementactiviteiten van holdings. Public Limited, started on 22 December 1995, 1 establishment.

What is the address of GROVI?

The registered office of GROVI is located at Meersstraat 43, 8770 Ingelmunster.

Is GROVI still active?

Yes. According to the CBE (29 October 2026) GROVI is active, legal situation “Normale toestand”, started on 22 December 1995.

Is GROVI registered on Peppol?

Yes, GROVI is registered on the Peppol network with ID 0208:0456906820.

What is the enterprise number of GROVI?

The enterprise number of GROVI is BE0456906820.

When was GROVI founded?

GROVI was founded on 22 December 1995.

Who are the directors of GROVI?

According to the 2025 annual accounts, the directors of GROVI are: HLV GROUP BV.

Is GROVI a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 22 December 1995; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did GROVI make in 2025?

GROVI posted a profit after taxes of € 49,365 in financial year 2025.

What is the revenue of GROVI?

In its most recent annual accounts (2025), GROVI reported revenue of € 398,156.

How much does an employee at GROVI earn?

The average wage cost per full-time employee at GROVI was € 77,800 in 2025: staff costs of € 303,277 for 3.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does GROVI have?

According to the 2025 annual accounts, GROVI has 3.9 full-time equivalents (FTE).

GROVI (Public Limited) - Ingelmunster - BE0456906820

Dossier GROVI, printed on 29 October 2026 from databakkes.be/en/0456906820/grovi. 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 16 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

GROVI from Ingelmunster, company number BE0456906820, closed financial year 2025 with a result of € 49,365 after tax. For that financial year GROVI recorded revenue of € 398,156 and equity of € 3 million. Compared with financial year 2024, the result moved from € 11,344 to € 49,365. 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 January 29, 2026.

What it is worth Growing

€ 3 million

▲ 2% vs 2024

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

Profit Growing

€ 49,365

▲ € 38,021 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 22,331

▲ 41% 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 € 1.5 million.

People and assets in 2025

Full-time equivalents

3.9

▲ 0.1 vs 2024

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 149,575 in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 303,277

▲ 8% vs 2024

€ 77,800 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

€ 2,328

▼ 22% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

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

Owed to suppliers

€ 89,446

▼ 19% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 196 days on average.

Taxes and wages

€ 64,755

▲ 49% 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
Revenue	€ 619,172 Revenue 2022: € 619,172 First fiscal year in the series	€ 567,695 Revenue 2023: € 567,695 ▼ 8% vs 2022 (€ 619,172) Unfavourable step	€ 411,274 Revenue 2024: € 411,274 ▼ 28% vs 2023 (€ 567,695) Unfavourable step	€ 398,156 Revenue 2025: € 398,156 ▼ 3% vs 2024 (€ 411,274) Unfavourable step	▼ 3%
Profit after taxes	€ 157,002 Profit after taxes 2022: € 157,002 First fiscal year in the series	€ 28,001 Profit after taxes 2023: € 28,001 ▼ 82% vs 2022 (€ 157,002) Unfavourable step	€ 11,344 Profit after taxes 2024: € 11,344 ▼ 59% vs 2023 (€ 28,001) Unfavourable step	€ 49,365 Profit after taxes 2025: € 49,365 ▲ € 38,021 vs 2024 (€ 11,344) Favourable step	▲ € 38,021
Equity	€ 2,946,160 Equity 2022: € 2,946,160 First fiscal year in the series	€ 2,974,161 Equity 2023: € 2,974,161 ▲ 1% vs 2022 (€ 2,946,160) Favourable step	€ 2,985,506 Equity 2024: € 2,985,506 Unchanged (€ 2,974,161) Favourable step	€ 3,034,871 Equity 2025: € 3,034,871 ▲ 2% vs 2024 (€ 2,985,506) Favourable step	▲ 2%
Total debts	€ 1,530,480 Total debts 2022: € 1,530,480 First fiscal year in the series	€ 1,254,554 Total debts 2023: € 1,254,554 ▼ 18% vs 2022 (€ 1,530,480) Favourable step	€ 1,260,079 Total debts 2024: € 1,260,079 Unchanged (€ 1,254,554) Unfavourable step	€ 1,193,398 Total debts 2025: € 1,193,398 ▼ 5% vs 2024 (€ 1,260,079) Favourable step	▼ 5%
Cash	€ 16,264 Cash 2022: € 16,264 First fiscal year in the series	€ 18,061 Cash 2023: € 18,061 ▲ 11% vs 2022 (€ 16,264) Favourable step	€ 15,840 Cash 2024: € 15,840 ▼ 12% vs 2023 (€ 18,061) Unfavourable step	€ 22,331 Cash 2025: € 22,331 ▲ 41% vs 2024 (€ 15,840) Favourable step	▲ 41%
Land & buildings	€ 77,740 Land & buildings 2022: € 77,740 First fiscal year in the series	€ 77,740 Land & buildings 2023: € 77,740 Unchanged (€ 77,740) Unchanged	€ 77,740 Land & buildings 2024: € 77,740 Unchanged (€ 77,740) Unchanged	€ 23,266 Land & buildings 2025: € 23,266 ▼ 70% vs 2024 (€ 77,740) Unchanged	▼ 70%
Retained profit	€ 1,385,109 Retained profit 2022: € 1,385,109 First fiscal year in the series	€ 1,413,110 Retained profit 2023: € 1,413,110 ▲ 2% vs 2022 (€ 1,385,109) Favourable step	€ 1,424,455 Retained profit 2024: € 1,424,455 ▲ 1% vs 2023 (€ 1,413,110) Favourable step	€ 1,473,820 Retained profit 2025: € 1,473,820 ▲ 3% vs 2024 (€ 1,424,455) Favourable step	▲ 3%
Balance sheet total	€ 4,476,640 Balance sheet total 2022: € 4,476,640 First fiscal year in the series	€ 4,228,715 Balance sheet total 2023: € 4,228,715 ▼ 6% vs 2022 (€ 4,476,640) Unchanged	€ 4,245,585 Balance sheet total 2024: € 4,245,585 Unchanged (€ 4,228,715) Unchanged	€ 4,228,269 Balance sheet total 2025: € 4,228,269 Unchanged (€ 4,245,585) Unchanged
Employees (FTE)	4.8 Employees (FTE) 2022: 4.8 First fiscal year in the series	4 Employees (FTE) 2023: 4 ▼ 0.8 vs 2022 (4.8) Unchanged	3.8 Employees (FTE) 2024: 3.8 ▼ 0.2 vs 2023 (4) Unchanged	3.9 Employees (FTE) 2025: 3.9 ▲ 0.1 vs 2024 (3.8) Unchanged	▲ 0.1

Key figures of GROVI, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to GROVI?

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

2026 HLV GROUP BV stepped down as director. NBB
Jan 29, 2026 New annual accounts for financial year 2025: profit of € 49,365 (▲ € 38,021 vs 2024). Source: NBB ↗
2020 HLV GROUP BV became a director. NBB
Jan 29, 1996 New establishment in Ingelmunster. KBO
Dec 22, 1995 Start of the company according to the CBE. KBO

In short

From € 157,002 profit in 2022 to € 49,365 profit in 2025.

Paid € 36,435 in corporate taxes since 2022.

Best year ever: 2022, with € 157,002 profit.

Pays suppliers within 196 days on average.

Original PDFs at the National Bank ↗

Management

HLV Group 99.8%

The stake of HLV Group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

GROVI

EURL HAELVOET 100%

Haelvoet NV 99.9%

The shares are held by HLV Group (99.8%). It owns 100% of EURL HAELVOET and 99.9% of Haelvoet NV itself.

Directors

According to the 2025 annual accounts

HLV GROUP BV

Director · represented by Vincent Haelvoet

Also active at: HAELVOET, Haelvoet Projects, Belemi

since 2020 · until 2026

Shareholders

HLV Group

99.8%

Participations

EURL HAELVOET

100%

Haelvoet NV

99.9%

Establishments

Establishment units

Physical locations of this company

Registered office

Meersstraat 43

8770 Ingelmunster

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

HLV Group same network

€ 338,107 revenue · 2025

DOKTER BARBARA BUSSELS

€ 285,995 gross margin · 2025

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

Details

Company number

0456.906.820

VAT number

BE 0456.906.820

Registered office

Meersstraat 43, 8770 Ingelmunster

Names & denominations

GROVI

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

22 December 1995

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Managementactiviteiten van holdings

Activiteiten van holdings

Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts

Technische studiën en ingenieursactiviteiten

Holdings

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Diverse ondersteunende activiteiten ten behoeve van voorzieningen

View on CBE Public ↗ Annual accounts (NBB) ↗

GROVI

Warning lights

Financials

What happened to GROVI?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions