What does GRO PROJECT do?

GRO PROJECT is a construction company in Oostende. Private Limited, started on 13 April 2016, 1 establishment.

What is the address of GRO PROJECT?

The registered office of GRO PROJECT is located at Zeedijk 133 box 0.03, 8400 Oostende.

Is GRO PROJECT still active?

Yes. According to the CBE (29 October 2026) GRO PROJECT is active, legal situation “Normale toestand”, started on 13 April 2016.

Is GRO PROJECT registered on Peppol?

Yes, GRO PROJECT is registered on the Peppol network with ID 0208:0651869791.

What is the enterprise number of GRO PROJECT?

The enterprise number of GRO PROJECT is BE0651869791.

When was GRO PROJECT founded?

GRO PROJECT was founded on 13 April 2016.

Who are the directors of GRO PROJECT?

According to the 2025 annual accounts, the directors of GRO PROJECT are: SIGMA MT - Demurrage Desk BV, NIKO LECLUYSE BV, Peter Groven.

Is GRO PROJECT a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 13 April 2016; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did GRO PROJECT make in 2025?

GRO PROJECT posted a profit after taxes of € 4,126 in financial year 2025.

What is the revenue of GRO PROJECT?

As a small company, GRO PROJECT is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 20,660.

GRO PROJECT (Private Limited) - Oostende - BE0651869791

Dossier GRO PROJECT, printed on 29 October 2026 from databakkes.be/en/0651869791/gro-project. 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 40 % of short-term debt in 2025; threshold 65 %.
Board fully replaced NBB

No director from three years ago is still active according to annual account 2025.
Busy address KBO

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

Financials

Financial year 2025

GRO PROJECT from Oostende, company number BE0651869791, closed financial year 2025 with a result of € 4,126 after tax. For that financial year GRO PROJECT recorded a gross margin of € 20,660 and equity of € 11,609. Compared with financial year 2024, the result moved from € 33,299 to € 4,126. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 20, 2026.

What it is worth Growing

€ 11,609

▲ 55% vs 2024

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

Profit Healthy

€ 4,126

▼ 88% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 48,287

▼ 77% 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 € -1,991.

Debts at end 2025

Bank debt ≈ 6 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 161,632

▲ 88% vs 2024

€ 29,256 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 5,650

▼ 83% vs 2024

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

Taxes

€ 7,185

▼ 82% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ -34,256 Gross margin 2022: € -34,256 First fiscal year in the series	€ 57,832 Gross margin 2023: € 57,832 ▲ € 92,087 vs 2022 (€ -34,256) Favourable step	€ 84,436 Gross margin 2024: € 84,436 ▲ 46% vs 2023 (€ 57,832) Favourable step	€ 20,660 Gross margin 2025: € 20,660 ▼ 76% vs 2024 (€ 84,436) Unfavourable step	▼ 76%
Profit after taxes	€ -72,773 Profit after taxes 2022: € -72,773 First fiscal year in the series	€ -1,156 Profit after taxes 2023: € -1,156 ▲ € 71,617 vs 2022 (€ -72,773) Favourable step	€ 33,299 Profit after taxes 2024: € 33,299 ▲ € 34,455 vs 2023 (€ -1,156) Favourable step	€ 4,126 Profit after taxes 2025: € 4,126 ▼ 88% vs 2024 (€ 33,299) Unfavourable step	▼ 88%
Equity	€ -24,660 Equity 2022: € -24,660 First fiscal year in the series	€ -25,816 Equity 2023: € -25,816 ▼ € 1,156 vs 2022 (€ -24,660) Unfavourable step	€ 7,483 Equity 2024: € 7,483 ▲ € 33,299 vs 2023 (€ -25,816) Favourable step	€ 11,609 Equity 2025: € 11,609 ▲ 55% vs 2024 (€ 7,483) Favourable step	▲ 55%
Total debts	€ 992,963 Total debts 2022: € 992,963 First fiscal year in the series	€ 846,671 Total debts 2023: € 846,671 ▼ 15% vs 2022 (€ 992,963) Favourable step	€ 466,591 Total debts 2024: € 466,591 ▼ 45% vs 2023 (€ 846,671) Favourable step	€ 262,855 Total debts 2025: € 262,855 ▼ 44% vs 2024 (€ 466,591) Favourable step	▼ 44%
Cash	-	-	€ 212,739 Cash 2024: € 212,739 First fiscal year in the series	€ 48,287 Cash 2025: € 48,287 ▼ 77% vs 2024 (€ 212,739) Unfavourable step	▼ 77%
Land & buildings	€ 258,707 Land & buildings 2022: € 258,707 First fiscal year in the series	€ 245,102 Land & buildings 2023: € 245,102 ▼ 5% vs 2022 (€ 258,707) Unchanged	€ 231,496 Land & buildings 2024: € 231,496 ▼ 6% vs 2023 (€ 245,102) Unchanged	€ 217,890 Land & buildings 2025: € 217,890 ▼ 6% vs 2024 (€ 231,496) Unchanged	▼ 6%
Retained profit	€ -38,260 Retained profit 2022: € -38,260 First fiscal year in the series	€ -39,416 Retained profit 2023: € -39,416 ▼ € 1,156 vs 2022 (€ -38,260) Unfavourable step	€ -6,117 Retained profit 2024: € -6,117 ▲ € 33,299 vs 2023 (€ -39,416) Favourable step	€ -1,991 Retained profit 2025: € -1,991 ▲ € 4,126 vs 2024 (€ -6,117) Favourable step	▲ € 4,126
Bank debt	€ 946,513 Bank debt 2022: € 946,513 First fiscal year in the series	€ 529,248 Bank debt 2023: € 529,248 ▼ 44% vs 2022 (€ 946,513) Favourable step	€ 85,796 Bank debt 2024: € 85,796 ▼ 84% vs 2023 (€ 529,248) Favourable step	€ 161,632 Bank debt 2025: € 161,632 ▲ 88% vs 2024 (€ 85,796) Unfavourable step	▲ 88%
Balance sheet total	€ 968,303 Balance sheet total 2022: € 968,303 First fiscal year in the series	€ 820,855 Balance sheet total 2023: € 820,855 ▼ 15% vs 2022 (€ 968,303) Unchanged	€ 474,074 Balance sheet total 2024: € 474,074 ▼ 42% vs 2023 (€ 820,855) Unchanged	€ 274,464 Balance sheet total 2025: € 274,464 ▼ 42% vs 2024 (€ 474,074) Unchanged	▼ 42%

Key figures of GRO PROJECT, 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 GRO PROJECT?

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

Mar 20, 2026 New annual accounts for financial year 2025: profit of € 4,126 (▼ 88% vs 2024). Source: NBB ↗
2025 SIGMA MT - Demurrage Desk BV became a director. NBB
2025 NIKO LECLUYSE BV became a director. NBB
2025 Peter Groven stepped down as director. NBB
Apr 13, 2016 New establishment in Oostende. KBO
2016 Peter Groven became a director. NBB
Apr 13, 2016 Start of the company according to the CBE. KBO

In short

From € 72,773 loss in 2022 to € 4,126 profit in 2025.

Paid € 424 in corporate taxes since 2022.

Best year ever: 2024, with € 33,299 profit.

Original PDFs at the National Bank ↗

Management

SIGMA MT - Demurrage Desk BV NIKO LECLUYSE BV

MAC TELECOM

MAC TELECOM HOLDINGS

GRO PROJECT

Air Developments

Behind GRO PROJECT are SIGMA MT - Demurrage Desk BV and NIKO LECLUYSE BV. SIGMA MT - Demurrage Desk BV is also behind MAC TELECOM, MAC TELECOM HOLDINGS and DB EVENTS. NIKO LECLUYSE BV is also behind Air Developments and AgilePoint EMEA.

Directors

According to the 2025 annual accounts

SIGMA MT - Demurrage Desk BV

Director · represented by Pierre Vyncke

Also active at: MAC TELECOM, MAC TELECOM HOLDINGS, DB EVENTS

since 2025

NIKO LECLUYSE BV

Director · represented by Niko Lecluyse

Also active at: Air Developments, AgilePoint EMEA

since 2025

Peter Groven

Director

Also active at: ALU-REAL

since 2016 · until 2025

Establishments

Establishment units

Physical locations of this company

Registered office

Zeedijk 133 box 0.03

8400 Oostende

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.

All companies at this address →

VAN EECHOUTE

€ 109,180 gross margin · 2025

SAINTE CATHERINE

€ 122,552 gross margin · 2025

AU BON PECHEUR

SIGMA MT - Demurrage Desk same network

€ 10,267 gross margin · 2025

MAC TELECOM same network

€ -176,659 gross margin · 2024

+8 more

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

Details

Company number

0651.869.791

VAT number

BE 0651.869.791

Registered office

Zeedijk 133 bus 0.03, 8400 Oostende

Names & denominations

GRO PROJECT

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

13 April 2016

Peppol

Active · Active since 31 Dec 2025

Activities · NACE

Algemene bouw van residentiële gebouwen

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Activiteiten van holdings

Handel in eigen onroerend goed

Holdings

View on CBE Public ↗ Annual accounts (NBB) ↗

GRO PROJECT

Warning lights

Financials

What happened to GRO PROJECT?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions