GRC ZOLDER
InactiveInactive; last annual accounts for fiscal year 2024.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
44 d early
2022
45 d early
2021
41 d early
2020
38 d early
2019
50 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 41 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Which other companies belong to the same group?ACKERMANS & VAN HAAREN · 118 companies
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, abbreviated schema
Turnover
€14.9m▲ 74.3%
2023 · €8.5m
EBIT margin
6.3%▼ 7.5pp
2023 · 13.8%
Net result
€773,357▼ 14.8%
2023 · €908,082
Working capital
€1.0m▼ 67.6%
2023 · €3.1m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€4.0m€4.9m€8.5m▲ 74.3%€14.9m▲ 74.3%
Operating result€344,623▲ 1.4%€72,489▼ 79.0%€1.1m▲ 1,463%€1.2m▲ 4.2%€945,035▼ 19.9%
Net result€263,297▲ 8.2%€55,522▼ 78.9%€852,216▲ 1,435%€908,082▲ 6.6%€773,357▼ 14.8%
EBIT margin8.6%23.1%13.8%▼ 9.3pp6.3%▼ 7.5pp
Equity€394,104▼ 37.5%€449,626▲ 14.1%€401,842▼ 10.6%€385,000▼ 4.2%€1.2m▲ 201%
Total assets€3.8m▼ 16.6%€3.1m▼ 17.5%€5.3m▲ 71.0%€6.3m▲ 18.3%€8.8m▲ 39.2%
Debt€3.2m▼ 13.9%€2.5m▼ 22.5%€4.7m▲ 91.3%€5.9m▲ 25.0%€7.6m▲ 28.7%
Working capital€2.0m▼ 35.2%€2.0m▲ 0.6%€2.2m▲ 11.8%€3.1m▲ 39.2%€1.0m▼ 67.6%
Staff (FTE)4▼ 4.8%3.2▼ 20.0%2.6▼ 18.8%3.8▲ 46.2%5.2▲ 36.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 20% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €8.8m
Fixed assets
€154,747 ▼ 30.6%
Current assets
€8.6m ▲ 41.8%
Equity and liabilities €8.8m
Equity
€1.2m ▲ 201%
Provisions
€170 ▲ 74.3%
Debt
€7.6m ▲ 28.7%
Debt's share of the balance-sheet total falls from 93.9% to 86.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.1m▼
2023 · €1.3m
Cash flow
€883,794▼
2023 · €1.0m
Current ratio
1.13▼
2023 · 2.04
Debt to equity
6.57▼
2023 · 15.37
ROE
66.8%▼
2023 · 235.9%
ROA
8.8%▼
2023 · 14.4%
Interest coverage
564.81▼
2023 · 741.27
Debt ≤ 1 year
€7.6m▲
2023 · €3.0m
Income taxes
€265,842▼
2023 · €312,185
Staff costs
€472,752▲
2023 · €316,841
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €4.0m | - | €4.9m | €8.5m | €14.9m | ▲ 74.3% |
| Goods, raw materials, services and sundry goods60/61 | - | - | €3.6m | €7.4m | €13.4m | ▲ 80.4% |
| Remuneration, social security and pensions62 | - | €197,655 | €199,112 | €316,841 | €472,752 | ▲ 49.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €248,490 | €175,218 | €118,148 | €115,162 | €110,436 | ▼ 4.1% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €68 | -€403 | -€191,744 | €73 | ▲ 100% |
| Other operating charges640/8 | - | €4,655 | €4,824 | €1,753 | €16,872 | ▲ 863% |
| Gross operating margin9900 | €797,157 | €450,086 | €1.5m | €1.4m | €1.5m | ▲ 8.6% |
| Operating profit (loss)9901 | €344,623 | €72,489 | €1.1m | €1.2m | €945,035 | ▼ 19.9% |
| Financial income75/76B | - | €5,451 | €19,370 | €41,726 | €96,034 | ▲ 130% |
| Recurring financial income75 | €6,228 | €5,451 | €12,344 | €41,726 | €96,034 | ▲ 130% |
| Non-recurring financial income76B | - | - | €7,027 | - | - | - |
| Financial charges65/66B | - | €1,011 | €1,192 | €1,748 | €1,869 | ▲ 6.9% |
| Recurring financial charges65 | €1,325 | €1,011 | €1,192 | €1,748 | €1,869 | ▲ 6.9% |
| Profit (loss) for the period before taxes9903 | €349,526 | €76,929 | €1.2m | €1.2m | €1.0m | ▼ 14.8% |
| Income taxes67/77 | €86,228 | €21,407 | €299,070 | €312,185 | €265,842 | ▼ 14.8% |
| Profit (loss) for the period9904 | €263,297 | €55,522 | €852,216 | €908,082 | €773,357 | ▼ 14.8% |
| Profit (loss) for the period to be appropriated9905 | €263,297 | €55,522 | €852,216 | €908,082 | €773,357 | ▼ 14.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.8m | €3.1m | €5.3m | €6.3m | €8.8m | ▲ 39.2% |
| Fixed assets21/28 | €305,511 | €385,293 | €267,145 | €222,983 | €154,747 | ▼ 30.6% |
| Tangible fixed assets22/27 | €305,511 | €385,293 | €267,145 | €222,983 | €154,747 | ▼ 30.6% |
| Plant, machinery and equipment23 | - | €385,293 | €267,145 | €165,000 | €110,963 | ▼ 32.7% |
| Furniture and vehicles24 | - | - | - | €57,983 | €43,783 | ▼ 24.5% |
| Current assets29/58 | €3.5m | €2.7m | €5.1m | €6.1m | €8.6m | ▲ 41.8% |
| Amounts receivable within one year40/41 | €1.9m | €1.8m | €4.8m | €2.4m | €4.4m | ▲ 79.8% |
| Trade receivables40 | - | €453,685 | €3.6m | €1.2m | €4.2m | ▲ 268% |
| Other amounts receivable41 | - | €1.4m | €1.3m | €1.3m | €118,280 | ▼ 90.7% |
| Current investments50/53 | - | - | - | €2.5m | €2.0m | ▼ 20.0% |
| Cash at bank and in hand54/58 | €1.6m | €916,098 | €213,616 | €1.2m | €2.3m | ▲ 95.9% |
| Deferred charges and accrued income490/1 | - | - | - | €4,012 | €3,754 | ▼ 6.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.8m | €3.1m | €5.3m | €6.3m | €8.8m | ▲ 39.2% |
| Equity10/15 | €394,104 | €449,626 | €401,842 | €385,000 | €1.2m | ▲ 201% |
| Contributions10/11 | €350,000 | €350,000 | €350,000 | €350,000 | €350,000 | = |
| Capital10 | - | €350,000 | €350,000 | €350,000 | €350,000 | = |
| Issued capital100 | - | €350,000 | €350,000 | €350,000 | €350,000 | = |
| Reserves13 | €35,000 | €99,626 | €51,842 | €35,000 | €808,357 | ▲ 2,210% |
| Non-distributable reserves130/1 | - | €35,000 | €35,000 | €35,000 | €35,000 | = |
| Legal reserve130 | - | €35,000 | €35,000 | €35,000 | €35,000 | = |
| Distributable reserves133 | - | €64,626 | €16,842 | €0 | €773,357 | ▲ 3,866,787,200% |
| Profit (loss) carried forward14 | €9,104 | - | - | - | - | - |
| Provisions and deferred taxes16 | €192,177 | €192,245 | €191,842 | €98 | €170 | ▲ 74.3% |
| Provisions for liabilities and charges160/5 | - | €192,245 | €191,842 | €98 | €170 | ▲ 74.3% |
| Pensions and similar obligations160 | - | €288 | - | €98 | €170 | ▲ 74.3% |
| Major repairs and maintenance162 | - | €191,957 | €191,842 | - | - | - |
| Amounts payable17/49 | €3.2m | €2.5m | €4.7m | €5.9m | €7.6m | ▲ 28.7% |
| Amounts payable after more than one year17 | €38,320 | - | - | - | - | - |
| Amounts payable within one year42/48 | €1.5m | €740,687 | €2.8m | €3.0m | €7.6m | ▲ 155% |
| Trade debts44 | €972,324 | €708,807 | €1.5m | €1.9m | €7.5m | ▲ 288% |
| Suppliers440/4 | - | €708,807 | €1.5m | €1.9m | €7.5m | ▲ 288% |
| Taxes, remuneration and social security45 | - | €31,881 | €431,567 | €115,102 | €88,709 | ▼ 22.9% |
| Taxes450/3 | - | €561 | €395,497 | €63,198 | €344 | ▼ 99.5% |
| Remuneration and social security454/9 | - | €31,320 | €36,070 | €51,904 | €88,365 | ▲ 70.2% |
| Other amounts payable47/48 | - | - | €900,000 | €924,923 | - | - |
| Accrued charges and deferred income492/3 | - | €1.7m | €1.9m | €2.9m | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €263,297 | €55,522 | €852,216 | €908,082 | €773,357 | ▼ 14.8% |
| + Depreciation and write-downs630 | €248,490 | €175,218 | €118,148 | €115,162 | €110,436 | ▼ 4.1% |
| Operating cash flow (approximation) | €511,787 | €230,740 | €970,364 | €1.0m | €883,794 | ▼ 13.6% |
| Investment in fixed assets (approximation) | - | -€255,000 | €0 | -€71,000 | -€42,200 | ▲ 40.6% |
| Change in cash | - | -€651,399 | -€702,482 | €937,800 | €1.1m | ▲ 17.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €1mEq €1.2m ▲201%
7 profitable years in a row build equity to €1.2m.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €908,082 ▲6.6%
Operating result €1.2m, net result €908,082, both a record.
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €55,522 ▼78.9%
Net result drops to €55,522, the lowest in the series.
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €500,000Eq €630,807 ▲62.8%
2 profitable years in a row build equity to €630,807.
13-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
09-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 15 acts read
About the unread acts
We know of 15 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Structure & network
Part of the group
ACKERMANS & VAN HAAREN
118 companies
Group, risk and exposure
Owners and holdings
1 ownerChain of control
- ACKERMANS & VAN HAAREN
- DEME GROUP
- DREDGING, ENVIRONMENTAL & MARINE ENGINEERING
- DEME Environmental
- GROND RECYCLAGE CENTRUM
- GRC ZOLDER
Highest known parent: ACKERMANS & VAN HAAREN. The sources do not say who stands above it.
Owners 1
-
100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.