Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 27 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GROVO CONSULTING from Merelbeke-Melle, company number BE0887610178, closed financial year 2025 with a result of € -208,078 after tax. For that financial year GROVO CONSULTING recorded a gross margin of € 69,376 and equity of € 2.7 million. Compared with financial year 2024, the result moved from € -77,032 to € -208,078. The company made a loss. 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 30, 2026.
€ 2.7 million
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -208,078
▼ 170 % more loss than in 2024
Profit after tax over the fiscal year.
€ 180,391
▼ 83% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.7 million.
People and assets in 2025
€ 83,352
▼ 12% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 842,317
▼ 18% vs 2024
€ 172,741 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 507,484
▲ € 501,437 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,848
▼ 60% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 287,487 | € 265,718 | € 66,027 | € 69,376 | ▲ 5% |
| Profit after taxes | € 488,854 | € 233,104 | € -77,032 | € -208,078 | ▼ € 131,046 |
| Equity | € 3,018,838 | € 3,091,692 | € 2,895,259 | € 2,687,181 | ▼ 7% |
| Total debts | € 1,395,422 | € 1,348,840 | € 1,053,406 | € 1,359,649 | ▲ 29% |
| Cash | € 291,938 | € 314,109 | € 1,052,556 | € 180,391 | ▼ 83% |
| Land & buildings | € 1,726,944 | € 1,744,929 | € 1,684,303 | € 2,549,307 | ▲ 51% |
| Retained profit | € 3,000,288 | € 3,073,142 | € 2,876,709 | € 2,668,631 | ▼ 7% |
| Dividend | € 0 | € 160,250 | € 119,401 | € 0 | ▼ 100% |
| Bank debt | € 1,340,292 | € 1,197,069 | € 1,025,544 | € 842,317 | ▼ 18% |
| Balance sheet total | € 4,414,261 | € 4,440,532 | € 3,948,665 | € 4,046,831 | ▲ 2% |
Key figures of GROVO CONSULTING, fiscal years 2022 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 GROVO CONSULTING?
What happened at GROVO CONSULTING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 208,078. Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Merelbeke-Melle. KBO
In short
From € 488,854 profit in 2022 to € 208,078 loss in 2025.
Paid € 173,439 in corporate taxes since 2022.
Best year ever: 2022, with € 488,854 profit.
Paid out € 279,651 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
Behind GROVO CONSULTING are Saskia De Groote and Koen Van De Voorde.
Directors
According to the 2025 annual accounts
Saskia De Groote
Director
Koen Van De Voorde
Director
Establishments
Establishment units
Physical locations of this company
Geraardsbergsesteenweg 77
9090 Merelbeke-Melle
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0887.610.178
- VAT number
- BE 0887.610.178
- Registered office
- Geraardsbergsesteenweg 77, 9090 Merelbeke-Melle
- Names & denominations
- GROVO CONSULTING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 March 2007
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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