What does AG GRONDWERKEN do?

AG GRONDWERKEN is a car dealer in Lokeren. Private Limited, started on 18 January 2000, 2 establishments.

What is the address of AG GRONDWERKEN?

The registered office of AG GRONDWERKEN is located at Kruinstraat 8B box B, 9160 Lokeren.

Is AG GRONDWERKEN still active?

Yes. According to the CBE (15 November 2026) AG GRONDWERKEN is active, legal situation “Normale toestand”, started on 18 January 2000.

Is AG GRONDWERKEN registered on Peppol?

Yes, AG GRONDWERKEN is registered on the Peppol network with ID 0208:0469793863.

What is the enterprise number of AG GRONDWERKEN?

The enterprise number of AG GRONDWERKEN is BE0469793863.

When was AG GRONDWERKEN founded?

AG GRONDWERKEN was founded on 18 January 2000.

Who are the directors of AG GRONDWERKEN?

According to the 2025 annual accounts, the directors of AG GRONDWERKEN are: Hakki Gürbüzer, Aykut Gürbüzer, VELSA.

Is AG GRONDWERKEN a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 18 January 2000; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account; 2 establishments in the CBE.

How much profit did AG GRONDWERKEN make in 2025?

AG GRONDWERKEN posted a profit after taxes of € 608,172 in financial year 2025.

What is the revenue of AG GRONDWERKEN?

As a small company, AG GRONDWERKEN is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 3,874,033.

How much does an employee at AG GRONDWERKEN earn?

The average wage cost per full-time employee at AG GRONDWERKEN was € 57,700 in 2025: staff costs of € 2.3 million for 39.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does AG GRONDWERKEN have?

According to the 2025 annual accounts, AG GRONDWERKEN has 39.5 full-time equivalents (FTE).

AG GRONDWERKEN (Private Limited) - Lokeren - BE0469793863

Dossier AG GRONDWERKEN, printed on 15 November 2026 from databakkes.be/en/0469793863/ag-grondwerken. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

AG GRONDWERKEN from Lokeren, company number BE0469793863, closed financial year 2025 with a result of € 608,172 after tax. For that financial year AG GRONDWERKEN recorded a gross margin of € 3.9 million and equity of € 1.6 million. Compared with financial year 2024, the result moved from € 49,228 to € 608,172. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 28, 2026.

What it is worth Growing

€ 1.6 million

▲ 36% vs 2024

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

Profit Growing

€ 608,172

▲ € 558,944 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 383,540

▲ € 376,348 vs 2024

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

Where the profit goes Pays out

€ 187,182 paid out

31 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

39.5

▲ 5 vs 2024

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

Wage cost

€ 2.3 million

▲ 27% vs 2024

€ 57,700 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

€ 1.5 million

▲ 69% vs 2024

Of which on lease € 1.2 million.

Debts at end 2025

Bank debt ≈ 4 years to go

€ 2.2 million

▲ 29% vs 2024

€ 507,835 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 1.7 million

▲ 20% vs 2024

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

Taxes and wages

€ 485,183

▲ 262% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 2,012,045 Gross margin 2022: € 2,012,045 First fiscal year in the series	€ 2,073,618 Gross margin 2023: € 2,073,618 ▲ 3% vs 2022 (€ 2,012,045) Favourable step	€ 2,256,912 Gross margin 2024: € 2,256,912 ▲ 9% vs 2023 (€ 2,073,618) Favourable step	€ 3,874,033 Gross margin 2025: € 3,874,033 ▲ 72% vs 2024 (€ 2,256,912) Favourable step	▲ 72%
Profit after taxes	€ 423,085 Profit after taxes 2022: € 423,085 First fiscal year in the series	€ 335,580 Profit after taxes 2023: € 335,580 ▼ 21% vs 2022 (€ 423,085) Unfavourable step	€ 49,228 Profit after taxes 2024: € 49,228 ▼ 85% vs 2023 (€ 335,580) Unfavourable step	€ 608,172 Profit after taxes 2025: € 608,172 ▲ € 558,944 vs 2024 (€ 49,228) Favourable step	▲ € 558,944
Equity	€ 802,132 Equity 2022: € 802,132 First fiscal year in the series	€ 1,104,984 Equity 2023: € 1,104,984 ▲ 38% vs 2022 (€ 802,132) Favourable step	€ 1,154,213 Equity 2024: € 1,154,213 ▲ 4% vs 2023 (€ 1,104,984) Favourable step	€ 1,575,203 Equity 2025: € 1,575,203 ▲ 36% vs 2024 (€ 1,154,213) Favourable step	▲ 36%
Total debts	€ 1,651,614 Total debts 2022: € 1,651,614 First fiscal year in the series	€ 1,561,091 Total debts 2023: € 1,561,091 ▼ 5% vs 2022 (€ 1,651,614) Favourable step	€ 3,273,187 Total debts 2024: € 3,273,187 ▲ 110% vs 2023 (€ 1,561,091) Unfavourable step	€ 4,409,742 Total debts 2025: € 4,409,742 ▲ 35% vs 2024 (€ 3,273,187) Unfavourable step	▲ 35%
Cash	€ 265,576 Cash 2022: € 265,576 First fiscal year in the series	€ 94,637 Cash 2023: € 94,637 ▼ 64% vs 2022 (€ 265,576) Unfavourable step	€ 7,191 Cash 2024: € 7,191 ▼ 92% vs 2023 (€ 94,637) Unfavourable step	€ 383,540 Cash 2025: € 383,540 ▲ € 376,348 vs 2024 (€ 7,191) Favourable step	▲ € 376,348
Land & buildings	€ 74,754 Land & buildings 2022: € 74,754 First fiscal year in the series	€ 255,508 Land & buildings 2023: € 255,508 ▲ 242% vs 2022 (€ 74,754) Unchanged	€ 413,098 Land & buildings 2024: € 413,098 ▲ 62% vs 2023 (€ 255,508) Unchanged	€ 438,169 Land & buildings 2025: € 438,169 ▲ 6% vs 2024 (€ 413,098) Unchanged	▲ 6%
Retained profit	€ 783,540 Retained profit 2022: € 783,540 First fiscal year in the series	€ 1,086,392 Retained profit 2023: € 1,086,392 ▲ 39% vs 2022 (€ 783,540) Favourable step	€ 1,135,621 Retained profit 2024: € 1,135,621 ▲ 5% vs 2023 (€ 1,086,392) Favourable step	€ 1,556,611 Retained profit 2025: € 1,556,611 ▲ 37% vs 2024 (€ 1,135,621) Favourable step	▲ 37%
Dividend	€ 12,857 Dividend 2022: € 12,857 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 12,857) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 187,182 Dividend 2025: € 187,182 Unchanged (€ 0) Unchanged
Bank debt	€ 587,342 Bank debt 2022: € 587,342 First fiscal year in the series	€ 465,265 Bank debt 2023: € 465,265 ▼ 21% vs 2022 (€ 587,342) Favourable step	€ 1,690,638 Bank debt 2024: € 1,690,638 ▲ 263% vs 2023 (€ 465,265) Unfavourable step	€ 2,179,669 Bank debt 2025: € 2,179,669 ▲ 29% vs 2024 (€ 1,690,638) Unfavourable step	▲ 29%
Balance sheet total	€ 2,453,745 Balance sheet total 2022: € 2,453,745 First fiscal year in the series	€ 2,666,075 Balance sheet total 2023: € 2,666,075 ▲ 9% vs 2022 (€ 2,453,745) Unchanged	€ 4,427,400 Balance sheet total 2024: € 4,427,400 ▲ 66% vs 2023 (€ 2,666,075) Unchanged	€ 5,984,945 Balance sheet total 2025: € 5,984,945 ▲ 35% vs 2024 (€ 4,427,400) Unchanged	▲ 35%
Employees (FTE)	26.7 Employees (FTE) 2022: 26.7 First fiscal year in the series	30.3 Employees (FTE) 2023: 30.3 ▲ 3.6 vs 2022 (26.7) Unchanged	34.5 Employees (FTE) 2024: 34.5 ▲ 4.2 vs 2023 (30.3) Unchanged	39.5 Employees (FTE) 2025: 39.5 ▲ 5 vs 2024 (34.5) Unchanged	▲ 5

By gross margin, AG GRONDWERKEN ranks 3rd of 10 companies with main activity “Grondverzet” in Lokeren that publish figures (fiscal year 2025).

Key figures of AG GRONDWERKEN, 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.

Ask about AG GRONDWERKEN the way you would ask their accountant.

Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.

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What happened to AG GRONDWERKEN?

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

Sep 28, 2026 New annual accounts for financial year 2025: profit of € 608,172 (▲ € 558,944 vs 2024). filed late Source: NBB ↗
Jun 1, 2020 New establishment in Lokeren. KBO
Mar 10, 2000 New establishment in Sint-Niklaas. KBO
Jan 18, 2000 Start of the company according to the CBE. KBO

In short

From € 423,085 profit in 2022 to € 608,172 profit in 2025.

Paid € 754,417 in corporate taxes since 2022.

Best year ever: 2025, with € 608,172 profit.

On average € 98,100 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Hakki Gürbüzer

Aykut Gürbüzer

AG GRONDWERKEN

Behind AG GRONDWERKEN are Hakki Gürbüzer, Aykut Gürbüzer and VELSA. The shares are held by Hakki Gürbüzer and Aykut Gürbüzer.

Directors

According to the 2025 annual accounts

Hakki Gürbüzer

Director

Is a shareholder

Also active at: RENTAG, VELSA, D.I.G. SERVICES

Aykut Gürbüzer

Director

Is a shareholder

Also active at: RENTAG, VELSA

VELSA

Director

Also active at: RENTAG

Shareholders

Hakki Gürbüzer · director

Aykut Gürbüzer · director

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Kruinstraat 8B box B

9160 Lokeren

2.097.173.355

Europark-Zuid 18 box B

9100 Sint-Niklaas

Active since 10 March 2000

2.321.845.745

Kruinstraat 8 box A

9160 Lokeren

Active since 1 June 2020

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

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Details

Company number

0469.793.863

VAT number

BE 0469.793.863

Registered office

Kruinstraat 8B bus B, 9160 Lokeren

Names & denominations

AG GRONDWERKEN

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

18 January 2000

Peppol

Active · Active since 25 Apr 2025

Activities · NACE

Grondverzet

Bouwrijp maken van terreinen

Bouw van civieltechnische werken voor elektriciteit en telecommunicatie

Aanleg van pijpleidingen, telecommunicatieleidingen en hoogspanningsleidingen

Overige werkzaamheden in verband met de afwerking van gebouwen

Overige gespecialiseerde bouwactiviteiten, neg

Overige gespecialiseerde werkzaamheden in de bouw

Overige gespecialiseerde bouwwerkzaamheden

View on CBE Public ↗ Annual accounts (NBB) ↗

AG GRONDWERKEN

Financials

Ask about AG GRONDWERKEN the way you would ask their accountant.

What happened to AG GRONDWERKEN?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Similar companies in Lokeren

Details

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