Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GRONDWERKEN B.M.V. from Ingelmunster, company number BE0473047917, closed financial year 2025 with a result of € 175,497 after tax. For that financial year GRONDWERKEN B.M.V. recorded a gross margin of € 1.7 million and equity of € 729,517. Compared with financial year 2024, the result moved from € 81,756 to € 175,497. 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 August 24, 2026.
€ 729,517
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 175,497
▲ 115% vs 2024
Profit after tax over the fiscal year.
€ 126,322
▲ € 120,431 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 90,000 paid out
51 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 971,906
▼ 7% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 668,675
▲ 11% vs 2024
Of which on lease € 389,287.
Debts at end 2025
€ 2 million
▼ 5% vs 2024
€ 596,128 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 662,514
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 55,694
▲ 21% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,550,459 | € 1,612,178 | € 1,647,838 | € 1,661,564 | ▲ 1% |
| Profit after taxes | € 158,018 | € 84,646 | € 81,756 | € 175,497 | ▲ 115% |
| Equity | € 642,118 | € 642,264 | € 644,020 | € 729,517 | ▲ 13% |
| Total debts | € 3,076,710 | € 3,297,417 | € 2,918,600 | € 2,674,503 | ▼ 8% |
| Cash | € 3,678 | € 41 | € 5,891 | € 126,322 | ▲ € 120,431 |
| Land & buildings | € 2,060,641 | € 2,019,931 | € 1,959,221 | € 1,917,445 | ▼ 2% |
| Retained profit | € 597,118 | € 597,264 | € 599,020 | € 684,517 | ▲ 14% |
| Dividend | € 125,000 | € 84,500 | € 80,000 | € 90,000 | ▲ 13% |
| Bank debt | € 2,211,926 | € 2,438,613 | € 2,054,613 | € 1,956,295 | ▼ 5% |
| Balance sheet total | € 3,718,828 | € 3,939,681 | € 3,562,620 | € 3,404,020 | ▼ 4% |
Key figures of GRONDWERKEN B.M.V., 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 GRONDWERKEN B.M.V.?
What happened at GRONDWERKEN B.M.V. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 175,497 (▲ 115% vs 2024). filed late Source: NBB ↗
- New establishment in Ingelmunster. KBO
- Start of the company according to the CBE. KBO
In short
From € 158,018 profit in 2022 to € 175,497 profit in 2025.
Paid € 114,361 in corporate taxes since 2022.
Best year ever: 2025, with € 175,497 profit.
Paid out € 379,500 in dividends to the owners in total.
Establishments
Establishment units
Physical locations of this company
Mandesweg 1
8770 Ingelmunster
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0473.047.917
- VAT number
- BE 0473.047.917
- Registered office
- Mandesweg 1, 8770 Ingelmunster
- Names & denominations
- GRONDWERKEN B.M.V.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 October 2000
- Peppol
- Active · Active since 24 Dec 2025
- Activities · NACE
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