Financials
Financial year 2025
Grondwerk from Boutersem, company number BE0794995469, closed financial year 2025 with a result of € 147,815 after tax. For that financial year Grondwerk recorded a gross margin of € 196,371 and equity of € 416,777. Compared with financial year 2024, the result moved from € 161,070 to € 147,815. 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 26, 2026.
€ 416,777
▲ 55% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 147,815
▼ 8% vs 2024
Profit after tax over the fiscal year.
€ 118,222
▼ 65% 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 € 413,777.
People and assets in 2025
€ 50
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 8,094
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 159
▼ 81% vs 2024
Loans from banks and other lenders, long and short.
€ 7,093
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 110,594
▲ 55% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 134,431 | € 214,821 | € 196,371 | ▼ 9% |
| Profit after taxes | € 104,892 | € 161,070 | € 147,815 | ▼ 8% |
| Equity | € 107,892 | € 268,962 | € 416,777 | ▲ 55% |
| Total debts | € 52,565 | € 80,266 | € 121,355 | ▲ 51% |
| Cash | € 145,243 | € 335,040 | € 118,222 | ▼ 65% |
| Land & buildings | € 1,083 | € 967 | € 851 | ▼ 12% |
| Retained profit | € 104,892 | € 265,962 | € 413,777 | ▲ 56% |
| Bank debt | € 0 | € 859 | € 159 | ▼ 81% |
| Balance sheet total | € 160,457 | € 349,228 | € 538,132 | ▲ 54% |
Key figures of Grondwerk, fiscal years 2023 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 Grondwerk?
What happened at Grondwerk in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 147,815 (▼ 8% vs 2024). filed late Source: NBB ↗
- New establishment in Boutersem. KBO
- Start of the company according to the CBE. KBO
In short
From € 104,892 profit in 2023 to € 147,815 profit in 2025.
Paid € 119,660 in corporate taxes since 2023.
Best year ever: 2024, with € 161,070 profit.
Management
Behind Grondwerk is Kaatje Spapen.
Directors
According to the 2025 annual accounts
Kaatje Spapen
Director
Establishments
Establishment units
Physical locations of this company
Begijnenbosstraat 6
3370 Boutersem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0794.995.469
- VAT number
- BE 0794.995.469
- Registered office
- Begijnenbosstraat 6, 3370 Boutersem
- Names & denominations
- Grondwerk
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 2022
- Peppol
- Active · Active since 16 Dec 2025
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