GROWO is an earthmoving contractor in Zandhoven. Private Limited, started on 3 January 2005, 1 establishment.

What is the address of GROWO?

The registered office of GROWO is located at Germelaerstraat 40, 2243 Zandhoven.

Is GROWO still active?

Yes. According to the CBE (16 September 2026) GROWO is active, legal situation “Normale toestand”, started on 3 January 2005.

Is GROWO registered on Peppol?

Yes, GROWO is registered on the Peppol network with ID 0208:0870946370.

What is the enterprise number of GROWO?

The enterprise number of GROWO is BE0870946370.

When was GROWO founded?

GROWO was founded on 3 January 2005.

Who are the directors of GROWO?

According to the 2025 annual accounts, the directors of GROWO are: Davy Wouters.

Is GROWO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 3 January 2005; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did GROWO make in 2025?

GROWO posted a profit after taxes of € 3,163 in financial year 2025.

What is the revenue of GROWO?

As a small company, GROWO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 63,487.

GROWO (Private Limited) - Zandhoven - BE0870946370

Dossier GROWO, printed on 16 September 2026 from databakkes.be/en/0870946370/growo. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

GROWO from Zandhoven, company number BE0870946370, closed financial year 2025 with a result of € 3,163 after tax. For that financial year GROWO recorded a gross margin of € 63,487 and equity of € 148,309. Compared with financial year 2024, the result moved from € 38,018 to € 3,163. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.

What it is worth Healthy

€ 148,309

▼ 22% vs 2024

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

Profit Healthy

€ 3,163

▼ 92% vs 2024

Profit after tax over the fiscal year.

Where the profit goes Pays out

€ 44,597 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 58,817

▼ 44% vs 2024

Of which on lease € 49,266.

Debts at end 2025

Bank debt ≈ 3 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.

€ 60,993

▼ 37% vs 2024

€ 14,715 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 47,483

▼ 67% vs 2024

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

Taxes

€ 24,378

▼ 24% vs 2024

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

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 67,403 Gross margin 2022: € 67,403 First fiscal year in the series	€ 49,174 Gross margin 2023: € 49,174 ▼ 27% vs 2022 (€ 67,403) Unfavourable step	€ 122,757 Gross margin 2024: € 122,757 ▲ 150% vs 2023 (€ 49,174) Favourable step	€ 63,487 Gross margin 2025: € 63,487 ▼ 48% vs 2024 (€ 122,757) Unfavourable step	▼ 48%
Profit after taxes	€ 7,670 Profit after taxes 2022: € 7,670 First fiscal year in the series	€ 16,360 Profit after taxes 2023: € 16,360 ▲ 113% vs 2022 (€ 7,670) Favourable step	€ 38,018 Profit after taxes 2024: € 38,018 ▲ 132% vs 2023 (€ 16,360) Favourable step	€ 3,163 Profit after taxes 2025: € 3,163 ▼ 92% vs 2024 (€ 38,018) Unfavourable step	▼ 92%
Equity	€ 135,364 Equity 2022: € 135,364 First fiscal year in the series	€ 151,724 Equity 2023: € 151,724 ▲ 12% vs 2022 (€ 135,364) Favourable step	€ 189,742 Equity 2024: € 189,742 ▲ 25% vs 2023 (€ 151,724) Favourable step	€ 148,309 Equity 2025: € 148,309 ▼ 22% vs 2024 (€ 189,742) Unfavourable step	▼ 22%
Total debts	€ 243,216 Total debts 2022: € 243,216 First fiscal year in the series	€ 108,969 Total debts 2023: € 108,969 ▼ 55% vs 2022 (€ 243,216) Favourable step	€ 272,269 Total debts 2024: € 272,269 ▲ 150% vs 2023 (€ 108,969) Unfavourable step	€ 178,229 Total debts 2025: € 178,229 ▼ 35% vs 2024 (€ 272,269) Favourable step	▼ 35%
Cash	€ 15,739 Cash 2022: € 15,739 First fiscal year in the series	€ 10,542 Cash 2023: € 10,542 ▼ 33% vs 2022 (€ 15,739) Unfavourable step	-	-
Retained profit	€ 119,164 Retained profit 2022: € 119,164 First fiscal year in the series	€ 135,524 Retained profit 2023: € 135,524 ▲ 14% vs 2022 (€ 119,164) Favourable step	€ 173,542 Retained profit 2024: € 173,542 ▲ 28% vs 2023 (€ 135,524) Favourable step	€ 132,109 Retained profit 2025: € 132,109 ▼ 24% vs 2024 (€ 173,542) Unfavourable step	▼ 24%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 44,597 Dividend 2025: € 44,597 Unchanged (€ 0) Unchanged
Bank debt	€ 85,049 Bank debt 2022: € 85,049 First fiscal year in the series	€ 56,138 Bank debt 2023: € 56,138 ▼ 34% vs 2022 (€ 85,049) Favourable step	€ 96,969 Bank debt 2024: € 96,969 ▲ 73% vs 2023 (€ 56,138) Unfavourable step	€ 60,993 Bank debt 2025: € 60,993 ▼ 37% vs 2024 (€ 96,969) Favourable step	▼ 37%
Balance sheet total	€ 378,580 Balance sheet total 2022: € 378,580 First fiscal year in the series	€ 260,693 Balance sheet total 2023: € 260,693 ▼ 31% vs 2022 (€ 378,580) Unchanged	€ 462,011 Balance sheet total 2024: € 462,011 ▲ 77% vs 2023 (€ 260,693) Unchanged	€ 326,537 Balance sheet total 2025: € 326,537 ▼ 29% vs 2024 (€ 462,011) Unchanged	▼ 29%

Key figures of GROWO, 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 GROWO?

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

Jun 30, 2026 New annual accounts for financial year 2025: profit of € 3,163 (▼ 92% vs 2024). Source: NBB ↗
Jan 3, 2005 New establishment in Zandhoven. KBO
Jan 3, 2005 Start of the company according to the CBE. KBO

In short

From € 7,670 profit in 2022 to € 3,163 profit in 2025.

Paid € 32,890 in corporate taxes since 2022.

Best year ever: 2024, with € 38,018 profit.

Paid out € 44,597 in dividends to the owners in total.

Original PDFs at the National Bank ↗

A new publication or filing at GROWO? We notify you, reason included.

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My folder 3 companies

De Lijn 8 June 2026 New annual account 2025

filed on 8 June 2026

What was left

€ 20 k ▼ 91%
Money in the bank

€ 178 k ▼ 98%

Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit

Real filings at the National Bank

Management

Davy Wouters

GROWO

Wouters Projects

Behind GROWO is Davy Wouters. Davy Wouters is also behind Wouters Projects.

See the full network in the app

Directors

According to the 2025 annual accounts

Davy Wouters

Director

Also active at: Wouters Projects

Establishments

Establishment units

Physical locations of this company

Registered office

Germelaerstraat 40

2243 Zandhoven

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

Details

Company number

0870.946.370

VAT number

BE 0870.946.370

Registered office

Germelaerstraat 40, 2243 Zandhoven

Names & denominations

GROWO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

3 January 2005

Peppol

Active · Active since 27 Mar 2026

Activities · NACE

Bouwrijp maken van terreinen

Grondverzet

Bouw van civieltechnische werken voor elektriciteit en telecommunicatie

Baggerwerken

Aanleg van pijpleidingen, telecommunicatieleidingen en hoogspanningsleidingen

View on CBE Public ↗ Annual accounts (NBB) ↗

GROWO

Financials

What happened to GROWO?

Know what changes at your customers, suppliers and competitors. Without reading an annual account.

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions