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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Shrinking team NBB
FTE fell two years in a row, from 4.8 to 2.9.
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Busy address KBO
14 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
VASTGOEDGROEP DEGROOTE from Oostende, company number BE0778878326, closed financial year 2025 with a result of € 6.5 million after tax. For that financial year VASTGOEDGROEP DEGROOTE recorded revenue of € 4.9 million and equity of € 304.2 million. Compared with financial year 2024, the result moved from € 5.9 million to € 6.5 million. Profitable, and profit is growing. 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 July 16, 2026.
€ 304.2 million
▲ € 284.8 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6.5 million
▲ 11% vs 2024
Profit after tax over the fiscal year.
€ 247,913
▼ 85% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2.1 million paid out
32 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
2.9
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 325,814
▼ 3% vs 2024
€ 112,300 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.
€ 86,970
▼ 27% 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.
€ 426,017
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 35 days on average.
€ 81,826
▼ 62% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,989,008 | € 4,083,924 | € 4,981,315 | € 4,873,440 | ▼ 2% |
| Profit after taxes | € 6,725,346 | € 5,242,296 | € 5,873,873 | € 6,540,519 | ▲ 11% |
| Equity | € 16,263,881 | € 16,373,321 | € 19,417,294 | € 304,241,583 | ▲ € 284.8 million |
| Total debts | € 2,436,197 | € 5,520,195 | € 6,088,995 | € 2,611,957 | ▼ 57% |
| Cash | € 362,725 | € 675,839 | € 1,679,280 | € 247,913 | ▼ 85% |
| Land & buildings | € 22,386 | - | - | - | |
| Retained profit | € 15,328,718 | € 15,438,159 | € 18,482,132 | € 22,945,800 | ▲ 24% |
| Dividend | € 11,150,934 | € 5,132,856 | € 2,829,900 | € 2,076,851 | ▼ 27% |
| Balance sheet total | € 18,700,077 | € 21,893,516 | € 25,506,289 | € 306,853,541 | ▲ € 281.3 million |
| Employees (FTE) | 4.5 | 4.8 | 3 | 2.9 | ▼ 0.1 |
Key figures of VASTGOEDGROEP DEGROOTE, 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 VASTGOEDGROEP DEGROOTE?
What happened at VASTGOEDGROEP DEGROOTE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 6.5 million (▲ 11% vs 2024). Source: NBB ↗
- New establishment in Oostende. KBO
- JDG 4 CONSULTING BV became a director. NBB
- D4 CONSULTING BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 6.7 million profit in 2022 to € 6.5 million profit in 2025.
Paid € 2,654 in corporate taxes since 2022.
Best year ever: 2022, with € 6.7 million profit.
Paid out € 21.2 million in dividends to the owners in total.
Management
Behind VASTGOEDGROEP DEGROOTE are JDG 4 CONSULTING BV and D4 CONSULTING BV. It owns 100% of Sky Bar Real Estate, 100% of Haut, 100% of Degroote Harbour Construct, 100% of Investments Degroote, 100% of Degroote Harbour Development and 100% of Graminea itself.
Directors
According to the 2025 annual accounts
Statutaire Bestuurder · represented by Jan Degroote
Also active at: DEGROOTE REAL ESTATE DEVELOPMENT, DEGROOTE HARBOUR DEVELOPMENT, DUKES' ACADEMIE, Investments Degroote, ACADEMIE REAL ESTATE, ACADEMIE INVEST, SKY HOTEL REAL ESTATE, GRAMINEA +1 more
since 2021
Statutaire Bestuurder · represented by David Degroote
Also active at: Degroote Real Estate Construct, DEGROOTE HARBOUR CONSTRUCT, ACADEMIE REAL ESTATE, MOULIN 17
since 2021
Establishments
Establishment units
Physical locations of this company
Leopold III-laan 1
8400 Oostende
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 14 companies are registered at this address.
All companies at this address →DEGROOTE REAL ESTATE DEVELOPMENT same network
€ 37.9 million revenue · 2025
DEGROOTE HARBOUR DEVELOPMENT same network
€ 9.9 million revenue · 2025
Degroote Real Estate Construct same network
€ 28.4 million revenue · 2025
Investments Degroote same network
€ 1 million revenue · 2025
DEGROOTE HARBOUR CONSTRUCT same network
€ 25.4 million revenue · 2025
+9 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
- 0778.878.326
- VAT number
- BE 0778.878.326
- Registered office
- Leopold III-laan 1, 8400 Oostende
- Names & denominations
- VASTGOEDGROEP DEGROOTE · VGDG
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 December 2021
- Peppol
- Active · Active since 27 Aug 2025
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