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 52 % of short-term debt in 2023; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 10.3 to 8.7.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
GROWNERS from Lasne, company number BE0860002790, closed financial year 2023 with a result of € -1.1 million after tax. For that financial year GROWNERS recorded revenue of € 4.5 million and equity of € 2.5 million. Compared with financial year 2022, the result moved from € 142,602 to € -1.1 million. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 29, 2024.
€ 2.5 million
▼ 31% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.1 million
▼ still € 142,602 profit in 2022
Profit after tax over the fiscal year.
€ 420,956
▼ 2% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 694,661.
People and assets in 2023
8.7
▼ 1.2 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 847,906
▼ 7% vs 2022
€ 97,500 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.
€ 23,399
▼ 15% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 9.2 million
▼ 11% vs 2022
€ 100,000 is repaid this year. At this pace the long-term loan is gone in ≈ 44 years.
€ 1.6 million
▲ 229% vs 2022
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 116 days on average.
€ 155,998
▼ 72% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Revenue | € 5,214,574 | € 6,086,962 | € 4,514,278 | ▼ 26% |
| Profit after taxes | € 792,652 | € 142,602 | € -1,095,302 | ▼ € 1.2 million |
| Equity | € 3,427,361 | € 3,569,963 | € 2,474,661 | ▼ 31% |
| Total debts | € 26,687,837 | € 27,944,101 | € 30,655,237 | ▲ 10% |
| Cash | € 372,466 | € 431,205 | € 420,956 | ▼ 2% |
| Retained profit | € 1,647,361 | € 1,789,963 | € 694,661 | ▼ 61% |
| Bank debt | € 5,531,734 | € 10,351,934 | € 9,214,222 | ▼ 11% |
| Balance sheet total | € 30,115,198 | € 31,514,064 | € 33,129,898 | ▲ 5% |
| Employees (FTE) | 10.3 | 9.9 | 8.7 | ▼ 1.2 |
Key figures of GROWNERS, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 30 April 2025.
What happened to GROWNERS?
What happened at GROWNERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
GROWNERS is active according to the CBE. Legal situation: Opening faillissement.
- VS MANCO SRL stepped down as director. NBB
- CLO MANAGEMENT SRL stepped down as director. NBB
- INFINITY BUSINESS SRL stepped down as director. NBB
- New annual accounts for financial year 2023: loss of € 1.1 million (▼ € 1.2 million vs 2022). Source: NBB ↗
- VS MANCO SRL became a director. NBB
- CLO MANAGEMENT SRL became a director. NBB
- INFINITY BUSINESS SRL became a director. NBB
- New establishment in Lasne. KBO
In short
From € 792,652 profit in 2021 to € 1.1 million loss in 2023.
Paid € 484,473 in corporate taxes since 2021.
Best year ever: 2021, with € 792,652 profit.
Pays suppliers within 116 days on average.
Management
The stake of Société Anonyme d'Etudes et de Propriété Immobilière comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GROWNERSThe shares are held by Société Anonyme d'Etudes et de Propriété Immobilière (94.9%). It owns 100% of INTEGROWN INVEST, 60.2% of TAKE-UP INVEST, 20% of PORTIC and 18.2% of OPPORTUNISTIC PROPERTY FUND itself.
Directors
According to the 2023 annual accounts
since 2021 · until 2027
Managing director · represented by Vincent SCHOBBENS
Also active at: Sodimco, Société Anonyme d'Etudes et de Propriété Immobilière, WAWSTREET
since 2022 · until 2028
Director · represented by Christine LOUMAYE
Also active at: Sodimco, Société Anonyme d'Etudes et de Propriété Immobilière
since 2022 · until 2028
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Chaussée de Louvain 431F
1380 Lasne
Chaussée de Louvain 431
1380 Lasne
Active since 7 August 2003
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →Aero Systems
€ 260,133 gross margin · 2025
ESA Security
€ 2.2 million gross margin · 2025
THE INISH GROUP
€ -1,228 gross margin · 2025
FISCALYS
€ 299,229 gross margin · 2025
AUDELA
€ 33,748 gross margin · 2025
+6 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
- 0860.002.790
- VAT number
- BE 0860.002.790
- Registered office
- Chaussée de Louvain 431F, 1380 Lasne
- Names & denominations
- GROWNERS · SVP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 7 August 2003
- Peppol
- Not registered
- Activities · NACE
Handel in eigen onroerend goed
Handel in onroerend goed