Financials
Financial year 2025
GROOVEMASTER from Antwerpen, company number BE0881487401, closed financial year 2025 with a result of € 38,029 after tax. For that financial year GROOVEMASTER recorded a gross margin of € 54,460 and equity of € 283,860. Compared with financial year 2024, the result moved from € 46,948 to € 38,029. 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 January 26, 2026.
€ 283,860
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 38,029
▼ 19% vs 2024
Profit after tax over the fiscal year.
€ 58,696
▼ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 41,747 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,518
▼ 5% 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.
€ 767
Supplier invoices still open on the last day of the fiscal year.
€ 8,006
▲ 87% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 69,274 | € 54,460 | ▼ 21% |
| Profit after taxes | € 46,948 | € 38,029 | ▼ 19% |
| Equity | € 287,578 | € 283,860 | ▼ 1% |
| Total debts | € 10,018 | € 12,611 | ▲ 26% |
| Cash | € 64,304 | € 58,696 | ▼ 9% |
| Retained profit | € 287,568 | € 283,850 | ▼ 1% |
| Dividend | € 0 | € 41,747 | |
| Balance sheet total | € 297,596 | € 296,471 |
Key figures of GROOVEMASTER, fiscal years 2024 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to GROOVEMASTER?
What happened at GROOVEMASTER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 38,029 (▼ 19% vs 2024). Source: NBB ↗
- Kris Lieckens became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 46,948 profit in 2024 to € 38,029 profit in 2025.
Paid € 41,143 in corporate taxes since 2024.
Best year ever: 2024, with € 46,948 profit.
Paid out € 41,747 in dividends to the owners in total.
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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
Management
Directors
According to the 2025 annual accounts
Kris Lieckens
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Hogeweg 5 box 11
2140 Antwerpen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0881.487.401
- VAT number
- BE 0881.487.401
- Registered office
- Hogeweg 5 bus 11, 2140 Antwerpen
- Names & denominations
- GROOVEMASTER
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 May 2006
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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