Active · per the CBE, 18 September 2026

Grondbank

BE0457868110

Rechtspersoon Non-profit association 1 establishment

Grondbank is an engineering firm in Brussel. Non-profit, started on 19 March 1996, 1 establishment.

Kunstlaan 20, 1000 Brussel

Active for

30 year, 5 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Busy address KBO

    39 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

Grondbank from Brussel, company number BE0457868110, closed financial year 2025 with a result of € 1.1 million after tax. For that financial year Grondbank recorded revenue of € 4.2 million and equity of € 1.6 million. Compared with financial year 2024, the result moved from € 473,782 to € 1.1 million. 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 July 14, 2026.

What it is worth Growing

€ 1.6 million

▲ 215% vs 2024

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

Profit Growing

€ 1.1 million

▲ 126% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 185,530

▼ 47% vs 2024

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

People and assets in 2025

Full-time equivalents

22.5

▲ 1.7 vs 2024

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

Wage cost

€ 2.3 million

▼ 10% vs 2024

€ 103,700 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

€ 38,053

▼ 32% 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

€ 162,830

▼ 29% vs 2024

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

Taxes and wages

€ 326,202

▲ 14% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue - - € 3,902,145 € 4,191,447 ▲ 7%
Gross margin € 2,428,953 € 2,914,732 € 3,193,795 € 3,414,616 ▲ 7%
Profit after taxes € 48,593 € 206,832 € 473,782 € 1,071,179 ▲ 126%
Equity € -181,758 € 25,074 € 498,857 € 1,570,036 ▲ 215%
Total debts € 3,116,900 € 2,608,530 € 1,096,629 € 1,136,924 ▲ 4%
Cash € 459,469 € 392,343 € 350,770 € 185,530 ▼ 47%
Retained profit € -181,758 € 25,074 € 498,857 € 1,570,036 ▲ 215%
Bank debt € 1,901,537 € 1,338,867 € 0 € 0
Balance sheet total € 4,456,039 € 4,013,068 € 3,034,093 € 4,211,582 ▲ 39%
Employees (FTE) 20 20.9 20.8 22.5 ▲ 1.7

Key figures of Grondbank, 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 Grondbank?

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

  • Organisatie voor Raadgevende Ingenieurs VZW stepped down as director. NBB
  • Vlaamse Wegenbouwers VZW stepped down as director. NBB
  • Embuild VZW stepped down as director. NBB
  • Bernard Vanheusden stepped down as director. NBB
  • New annual accounts for financial year 2025: profit of € 1.1 million (▲ 126% vs 2024). Source: NBB ↗
  • New establishment in Brussel. KBO
  • Start of the company according to the CBE. KBO

In short

From € 48,593 profit in 2022 to € 1.1 million profit in 2025.

Paid € 139,629 in corporate taxes since 2022.

Best year ever: 2025, with € 1.1 million profit.

On average € 151,800 of value added per employee in 2025.

Management

Directors

According to the 2025 annual accounts

Organisatie voor Raadgevende Ingenieurs VZW

Director · represented by Kris Van Malderen

Also active at: TRACIMAT vzw

· until 2027

Vlaamse Wegenbouwers VZW

Director · represented by Joëlle Eggermont

Also active at: PROCERTUS

· until 2027

Bernard Vanheusden

Director

Also active at: Fondation Universitaire, LIMBURG DIEPENBEEK CAMPUS

· until 2027

Establishments

Establishment units

Physical locations of this company

Registered office

Kunstlaan 20

1000 Brussel

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

Details

Company number
0457.868.110
VAT number
BE 0457.868.110
Registered office
Kunstlaan 20, 1000 Brussel
Names & denominations
Grondbank
Enterprise type
Rechtspersoon
Legal form
Non-profit association
Legal situation
Normale toestand
Start date
19 March 1996
Peppol
Active · Active since 27 Mar 2026
Activities · NACE

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Frequently asked questions

What does Grondbank do?
Grondbank is an engineering firm in Brussel. Non-profit, started on 19 March 1996, 1 establishment.
What is the address of Grondbank?
The registered office of Grondbank is located at Kunstlaan 20, 1000 Brussel.
Is Grondbank still active?
Yes. According to the CBE (18 September 2026) Grondbank is active, legal situation “Normale toestand”, started on 19 March 1996.
Is Grondbank registered on Peppol?
Yes, Grondbank is registered on the Peppol network with ID 0208:0457868110.
What is the enterprise number of Grondbank?
The enterprise number of Grondbank is BE0457868110.
When was Grondbank founded?
Grondbank was founded on 19 March 1996.