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 51 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Grovers & Sons from Gent, company number BE0772487115, closed financial year 2025 with a result of € 17,111 after tax. For that financial year Grovers & Sons recorded a gross margin of € 103,468 and equity of € 71,374. Compared with financial year 2024, the result moved from € 19,413 to € 17,111. The company is profitable. 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 August 31, 2026.
€ 71,374
▲ 32% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,111
▼ 12% vs 2024
Profit after tax over the fiscal year.
€ 45,850
▲ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 68,874.
People and assets in 2025
€ 67,487
▲ 28% 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.
€ 4,262
▼ 12% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 38,181
▲ 222% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 37,120
▲ 11% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 33,516 | € 66,013 | € 90,358 | € 103,468 | ▲ 15% |
| Profit after taxes | € 27,604 | € 19,747 | € 19,413 | € 17,111 | ▼ 12% |
| Equity | € 20,104 | € 39,851 | € 54,263 | € 71,374 | ▲ 32% |
| Total debts | € 70,086 | € 95,063 | € 84,218 | € 116,340 | ▲ 38% |
| Cash | € 25,722 | € 2,091 | € 37,821 | € 45,850 | ▲ 21% |
| Land & buildings | € 5,671 | € 4,294 | € 2,916 | € 1,538 | ▼ 47% |
| Retained profit | € 17,604 | € 37,351 | € 51,763 | € 68,874 | ▲ 33% |
| Dividend | € 10,000 | € 0 | € 5,000 | € 0 | ▼ 100% |
| Balance sheet total | € 90,190 | € 134,913 | € 138,482 | € 187,714 | ▲ 36% |
Key figures of Grovers & Sons, 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 Grovers & Sons?
What happened at Grovers & Sons in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 17,111 (▼ 12% vs 2024). filed late Source: NBB ↗
- New establishment in Gent. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
In short
From € 27,604 profit in 2022 to € 17,111 profit in 2025.
Paid € 16,807 in corporate taxes since 2022.
Best year ever: 2022, with € 27,604 profit.
Paid out € 15,000 in dividends to the owners in total.
Establishments
Establishment units
Physical locations of this company
Tolhuislaan 84 box A
9000 Gent
Tolhuislaan 84A
9000 Gent
Active since 10 November 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- DILLAWAR ZADAH Hamid(oprichter) 50%
- KAUR Babita(oprichter) 50%
Details
- Company number
- 0772.487.115
- VAT number
- BE 0772.487.115
- Registered office
- Tolhuislaan 84 bus A, 9000 Gent
- Names & denominations
- Grovers & Sons
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 August 2021
- Peppol
- Active · Active since 11 Dec 2024
- Activities · NACE
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