Financials
Financial year 2024
AG GRONDWERKEN from Lokeren, company number BE0469793863, closed financial year 2024 with a result of € 49,228 after tax. For that financial year AG GRONDWERKEN recorded a gross margin of € 2.3 million and equity of € 1.2 million. Compared with financial year 2023, the result moved from € 335,580 to € 49,228. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 6, 2025.
€ 1.2 million
▲ 4% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 49,228
▼ 85% vs 2023
Profit after tax over the fiscal year.
€ 7,191
▼ 92% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 1.1 million.
People and assets in 2024
34.5
▲ 4.2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 1.8 million
▲ 34% vs 2023
€ 52,000 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.
€ 914,218
▲ € 692,945 vs 2023
Of which on lease € 577,805.
Debts at end 2024
€ 1.7 million
▲ 263% vs 2023
€ 296,628 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 1.4 million
▲ 61% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 133,880
▼ 29% vs 2023
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 1,178,649 | € 2,012,045 | € 2,073,618 | € 2,256,912 | ▲ 9% |
| Profit after taxes | € 131,237 | € 423,085 | € 335,580 | € 49,228 | ▼ 85% |
| Equity | € 391,904 | € 802,132 | € 1,104,984 | € 1,154,213 | ▲ 4% |
| Total debts | € 982,262 | € 1,651,614 | € 1,561,091 | € 3,273,187 | ▲ 110% |
| Cash | € 36,733 | € 265,576 | € 94,637 | € 7,191 | ▼ 92% |
| Land & buildings | € 10,705 | € 74,754 | € 255,508 | € 413,098 | ▲ 62% |
| Retained profit | € 373,312 | € 783,540 | € 1,086,392 | € 1,135,621 | ▲ 5% |
| Dividend | € 30,000 | € 12,857 | € 0 | € 0 | |
| Bank debt | € 388,357 | € 587,342 | € 465,265 | € 1,690,638 | ▲ 263% |
| Balance sheet total | € 1,374,166 | € 2,453,745 | € 2,666,075 | € 4,427,400 | ▲ 66% |
| Employees (FTE) | 19.2 | 26.7 | 30.3 | 34.5 | ▲ 4.2 |
Key figures of AG GRONDWERKEN, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
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:
- New annual accounts for financial year 2024: profit of € 49,228 (▼ 85% vs 2023). filed late Source: NBB ↗
- New establishment in Lokeren. KBO
- New establishment in Sint-Niklaas. KBO
- Start of the company according to the CBE. KBO
In short
From € 131,237 profit in 2021 to € 49,228 profit in 2024.
Paid € 447,222 in corporate taxes since 2021.
Best year ever: 2022, with € 423,085 profit.
On average € 65,400 of value added per employee in 2024.
A new publication or filing at AG GRONDWERKEN? We notify you, reason included.
Follow AG GRONDWERKENDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
Behind AG GRONDWERKEN are Hakki Gürbüzer, Aykut Gürbüzer and VELSA. The shares are held by Hakki Gürbüzer and Aykut Gürbüzer.
Directors
According to the 2024 annual accounts
Shareholders
Hakki Gürbüzer · director
Aykut Gürbüzer · director
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kruinstraat 8B box B
9160 Lokeren
Europark-Zuid 18 box B
9100 Sint-Niklaas
Active since 10 March 2000
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.
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