GRIVAN
Annual accounts 2025
abbreviated format, filed on 30-08-2026, 30 days lateTurnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €1.2m. Estimated: probably between €1.0m and €1.4m.
Balance sheet
balance sheet total €3.0m on 31-12-2025in €m
in euro
Position in the sector
46.1%
Higher than 52% of 4,130 companies in 2025.
1.10
Higher than 31% of 4,066 companies in 2025.
3.4%
Higher than 25% of 4,101 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: middle half · Staff: middle half
Staff
€54,034
Staff costs divided by the average number of full-time equivalents.
+2 people
In 2025, 5 people joined and 3 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
3.0m | 2.4m | 2.1m | 2.1m | 2.0m | 2.0m | 1.9m | 1.8m | 1.9m | 1.8m | 1.8m | 1.8m | 1.5m | 828,930 | 385,200 | 340,735 | 294,270 | 250,303 | 228,192 | 222,565 | |
21/28 |
2.4m | 1.6m | 1.2m | 1.2m | 1.3m | 1.4m | 1.4m | 1.5m | 1.6m | 1.6m | 1.7m | 1.7m | 1.2m | 647,559 | 78,665 | 80,832 | 83,261 | 90,818 | 101,920 | 106,730 | |
21 |
0 | - | 1,667 | 3,333 | - | 12,000 | 24,000 | 36,000 | 48,000 | - | - | - | - | - | - | - | - | 1,859 | 3,718 | 5,578 | |
22/27 |
2.4m | 1.6m | 1.2m | 1.2m | 1.3m | 1.4m | 1.4m | 1.5m | 1.5m | 1.6m | 1.7m | 1.7m | 1.2m | 647,559 | 78,665 | 80,832 | 83,261 | 88,959 | 98,202 | 101,153 | |
22 |
2.2m | 1.4m | 1.1m | 1.1m | 1.2m | 1.3m | 1.3m | 1.4m | 1.5m | 1.6m | 1.6m | 1.7m | 1.2m | 641,727 | 73,493 | 76,648 | 79,803 | 82,990 | 86,178 | 89,365 | |
23 |
36,977 | 48,852 | 37,530 | 39,312 | 46,762 | 50,986 | 4,720 | 6,647 | 12,066 | 16,423 | 19,900 | 25,249 | 17,087 | 413 | 1,784 | 3,831 | 2,928 | 5,262 | 7,642 | 3,989 | |
24 |
5,967 | 2,139 | 2,306 | 8,512 | 21,865 | 35,308 | 43,574 | 24,189 | 10,709 | 10,156 | 20,482 | 26,361 | 2,550 | 5,419 | 3,388 | 353 | 530 | 707 | 2,421 | 3,877 | |
26 |
74,190 | 59,190 | 59,190 | 59,190 | 59,190 | 59,190 | 53,540 | 23,540 | - | - | - | - | - | - | - | - | - | - | - | - | |
29/58 |
626,202 | 798,655 | 946,608 | 877,782 | 722,870 | 580,805 | 455,666 | 331,966 | 356,110 | 216,624 | 163,822 | 132,686 | 293,554 | 181,371 | 306,535 | 259,902 | 211,009 | 159,485 | 126,272 | 115,834 | |
40/41 |
487,833 | 500,827 | 294,345 | 294,145 | 236,407 | 257,614 | 184,524 | 144,618 | 184,436 | 69,674 | 66,612 | 119,633 | 152,309 | 142,165 | 130,522 | 155,234 | 155,124 | 134,435 | 111,378 | 114,194 | |
40 |
328,900 | 377,154 | 236,008 | 274,279 | 233,662 | 198,615 | 136,655 | 121,477 | 184,385 | 69,271 | 66,612 | 79,048 | 114,162 | 117,595 | 71,030 | 96,060 | 85,483 | 63,641 | 50,269 | 48,584 | |
41 |
158,933 | 123,672 | 58,337 | 19,866 | 2,745 | 59,000 | 47,869 | 23,141 | 51 | 403 | - | 40,584 | 38,147 | 24,571 | 59,492 | 59,174 | 69,641 | 70,794 | 61,108 | 65,610 | |
54/58 |
138,369 | 297,829 | 652,263 | 583,636 | 486,463 | 323,190 | 269,311 | 187,348 | 171,674 | 146,950 | 97,150 | 12,993 | 141,245 | 35,206 | 159,813 | 104,269 | 55,886 | 25,049 | 14,494 | 1,240 | |
490/1 |
- | - | - | - | - | - | 1,831 | - | - | - | 60 | 60 | - | 4,000 | 16,200 | 400 | - | - | 400 | 400 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
3.0m | 2.4m | 2.1m | 2.1m | 2.0m | 2.0m | 1.9m | 1.8m | 1.9m | 1.8m | 1.8m | 1.8m | 1.5m | 828,930 | 385,200 | 340,735 | 294,270 | 250,303 | 228,192 | 222,565 | |
10/15 |
1.4m | 1.3m | 1.1m | 1.0m | 865,120 | 783,410 | 664,401 | 591,704 | 524,514 | 382,191 | 314,491 | 266,829 | 255,627 | 235,715 | 193,695 | 167,051 | 124,123 | 81,157 | 67,007 | 39,198 | |
10/11 |
18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
100 |
- | - | - | - | - | - | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
13 |
1.3m | 1.3m | 1.1m | 997,071 | 846,528 | 764,818 | 645,809 | 573,112 | 505,922 | 363,599 | 295,899 | 248,237 | 237,035 | 217,123 | 175,103 | 1,968 | 1,860 | 1,860 | 1,860 | 620 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 620 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
132 |
2,093 | 2,093 | 2,237 | 6,236 | 7,316 | 24,092 | 40,771 | 57,452 | 74,137 | 659 | 574 | 489 | 407 | 327 | 251 | 108 | - | - | - | - | |
133 |
1.3m | 1.3m | 1.1m | 988,975 | 837,352 | 738,866 | 603,178 | 513,799 | 429,925 | 361,080 | 293,465 | 245,888 | 234,768 | 214,936 | 172,992 | - | - | - | - | - | |
14 |
100,795 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 146,492 | 103,671 | 60,705 | 46,555 | 19,985 | |
16 |
531 | 531 | 605 | 2,664 | 9,602 | 16,649 | 23,696 | 30,742 | 37,789 | - | - | - | - | - | - | - | - | - | - | - | |
168 |
531 | 531 | 605 | 2,664 | 9,602 | 16,649 | 23,696 | 30,742 | 37,789 | - | - | - | - | - | - | - | - | - | - | - | |
17/49 |
1.6m | 1.1m | 1.0m | 1.1m | 1.1m | 1.2m | 1.2m | 1.2m | 1.4m | 1.5m | 1.5m | 1.6m | 1.2m | 593,215 | 191,505 | 173,683 | 170,148 | 169,146 | 161,185 | 183,367 | |
17 |
1.0m | 516,808 | 583,177 | 648,797 | 712,361 | 773,882 | 833,429 | 890,990 | 946,530 | 1.0m | 1.1m | 1.1m | 1.0m | 397,686 | 32,093 | 42,205 | 51,893 | 62,221 | 74,729 | 79,295 | |
170/4 |
1.0m | 516,808 | 583,177 | 648,797 | 712,361 | 773,882 | 833,429 | 890,990 | 946,530 | 1.0m | 1.1m | 1.1m | 1.0m | 397,686 | 32,093 | 42,205 | 51,893 | 62,221 | 74,729 | 79,295 | |
42/48 |
571,139 | 501,319 | 348,037 | 315,395 | 326,924 | 377,320 | 318,086 | 270,850 | 360,716 | 409,618 | 395,219 | 425,442 | 226,625 | 195,005 | 159,413 | 131,478 | 115,111 | 106,925 | 86,436 | 104,051 | |
42 |
148,587 | 67,898 | 66,128 | 64,072 | 62,029 | 60,055 | 57,561 | 55,540 | 56,440 | 56,289 | 54,299 | 63,108 | 51,567 | 49,690 | 10,112 | 9,688 | 10,328 | 12,881 | 14,835 | 15,009 | |
43 |
- | - | - | - | - | - | - | - | - | 150,000 | 150,000 | 125,000 | - | - | - | - | - | 16,739 | - | - | |
430/8 |
- | - | - | - | - | - | - | - | - | 150,000 | 150,000 | 125,000 | - | - | - | - | - | 16,739 | - | - | |
44 |
315,874 | 335,318 | 203,195 | 169,822 | 194,510 | 265,566 | 224,402 | 179,181 | 164,789 | 56,959 | 26,019 | 47,859 | 58,133 | 11,976 | 92,906 | 39,517 | 29,133 | 17,645 | 13,306 | 33,663 | |
440/4 |
315,874 | 335,318 | 203,195 | 169,822 | 194,510 | 265,566 | 224,402 | 179,181 | 164,789 | 56,959 | 26,019 | 47,859 | 58,133 | 11,976 | 92,906 | 39,517 | 29,133 | 17,645 | 13,306 | 33,663 | |
46 |
- | - | - | - | - | 2,278 | 2,278 | - | - | - | - | 24,072 | 26,196 | 26,263 | - | 33,244 | 30,812 | 30,653 | 30,029 | 23,000 | |
45 |
106,678 | 98,103 | 78,714 | 81,501 | 70,063 | 49,421 | 33,846 | 35,119 | 129,299 | 106,247 | 82,492 | 64,059 | 53,913 | 45,584 | 32,295 | 23,368 | 23,938 | 12,039 | 12,158 | 14,711 | |
450/3 |
52,617 | 42,539 | 18,022 | 32,325 | 24,566 | 18,296 | 5,629 | 9,013 | 94,996 | 71,544 | 47,075 | 34,001 | 25,602 | 24,581 | 12,934 | 9,951 | 12,060 | 600 | 1,018 | 3,721 | |
454/9 |
54,062 | 55,564 | 60,692 | 49,176 | 45,496 | 31,126 | 28,217 | 26,106 | 34,303 | 34,703 | 35,417 | 30,058 | 28,311 | 21,004 | 19,361 | 13,417 | 11,879 | 11,439 | 11,139 | 10,989 | |
47/48 |
0 | - | - | - | 322 | - | - | 1,009 | 10,188 | 40,123 | 82,409 | 101,343 | 36,815 | 61,492 | 24,099 | 25,661 | 20,900 | 16,969 | 16,108 | 17,669 | |
492/3 |
29,995 | 60,717 | 112,873 | 123,386 | 105,070 | 58,974 | 48,422 | 49,422 | 52,701 | 46,470 | 49,358 | 40,657 | 561 | 525 | - | - | 3,144 | - | 20 | 21 | |
| Income statement | |||||||||||||||||||||
76A |
- | 27,149 | - | - | - | 315 | - | 663 | 130,191 | 2,210 | - | 458 | - | 1,242 | - | - | 1,140 | 1,459 | 43 | 13 | |
9900 |
688,016 | 768,091 | 736,077 | 671,849 | 581,120 | 574,123 | 472,061 | 448,981 | 573,916 | 464,558 | 426,843 | 336,952 | 291,223 | 279,847 | 177,268 | 169,236 | 150,990 | 109,676 | 127,253 | 96,922 | |
62 |
394,451 | 408,397 | 423,719 | 317,499 | 260,893 | 230,827 | 182,760 | 165,002 | 169,868 | 183,061 | 172,234 | 171,053 | 130,942 | 138,815 | 110,496 | 65,847 | 62,774 | 58,942 | 53,185 | 48,057 | |
630 |
107,822 | 72,848 | 103,198 | 115,006 | 148,315 | 136,393 | 132,001 | 133,237 | 125,746 | 112,817 | 104,461 | 91,016 | 53,709 | 45,340 | 6,731 | 5,959 | 8,207 | 12,628 | 13,706 | 14,636 | |
631/4 |
7,214 | 21,539 | 17,634 | 1,071 | 5,555 | 3,905 | 5,008 | 13,440 | 6,852 | 4,790 | 9,758 | 9,642 | 36,374 | - | - | - | - | - | - | - | |
640/8 |
9,138 | 8,898 | 7,962 | 7,568 | 9,403 | 6,930 | 6,819 | 5,198 | 6,987 | 10,022 | 6,083 | 4,900 | 10,969 | 14,593 | 8,416 | 14,390 | 3,926 | 3,786 | 5,333 | 2,680 | |
66A |
50 | 120 | 332 | 3,698 | - | 6,394 | 1,672 | - | 1,440 | 1,780 | 4,786 | 3,935 | - | - | - | - | - | 870 | 1,832 | - | |
9901 |
169,342 | 256,288 | 183,232 | 227,007 | 156,954 | 189,674 | 143,801 | 132,104 | 263,023 | 152,088 | 134,307 | 60,342 | 59,229 | 81,098 | 51,624 | 83,041 | 76,083 | 34,321 | 55,028 | 31,549 | |
75/76B |
12,249 | 12,364 | 5,144 | 3,365 | 3,003 | 2,522 | 2,239 | 4,031 | 2,545 | 2,867 | 3,920 | 7,676 | 10,841 | 7,826 | 5,274 | 2,208 | 817 | 3,483 | 1,147 | 1,134 | |
75 |
12,249 | 12,364 | 5,144 | 3,365 | 3,003 | 2,522 | 2,239 | 4,031 | 2,545 | 2,867 | 3,920 | 7,676 | 10,841 | 7,826 | 5,274 | 2,208 | 817 | 3,483 | 1,147 | 1,134 | |
65/66B |
31,064 | 23,742 | 23,984 | 26,382 | 26,524 | 29,216 | 31,419 | 35,518 | 40,559 | 45,878 | 52,196 | 42,603 | 37,470 | 17,809 | 6,572 | 6,680 | 7,995 | 9,103 | 7,730 | 6,124 | |
65 |
31,064 | 23,742 | 23,984 | 26,382 | 26,524 | 29,216 | 31,419 | 35,518 | 40,559 | 45,878 | 52,196 | 42,603 | 37,470 | 17,809 | 6,572 | 6,680 | 7,995 | 9,103 | 7,730 | 6,124 | |
9903 |
150,527 | 244,910 | 164,391 | 203,990 | 133,432 | 162,980 | 114,620 | 100,617 | 225,009 | 109,076 | 81,244 | 21,939 | 32,600 | 72,358 | 50,326 | 78,569 | 70,045 | 29,290 | 46,656 | 26,572 | |
780 |
- | 75 | 2,059 | 6,938 | 7,047 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
67/77 |
49,732 | 73,771 | 80,636 | 60,386 | 58,769 | 51,018 | 48,970 | 40,474 | 44,897 | 41,376 | 33,583 | 10,736 | 12,688 | 30,338 | 23,682 | 35,641 | 27,079 | 15,140 | 18,846 | 7,601 | |
9904 |
100,795 | 171,214 | 85,814 | 150,543 | 81,711 | 119,009 | 72,697 | 67,190 | 142,323 | 67,701 | 47,661 | 11,202 | 19,912 | 42,020 | 26,644 | 42,929 | 42,966 | 14,150 | 27,809 | 18,971 | |
789 |
- | 145 | 3,999 | 1,080 | 16,776 | 16,776 | 16,776 | 16,776 | 11,951 | - | - | - | - | - | - | - | - | - | - | - | |
689 |
- | - | - | - | - | 97 | 94 | 92 | 85,428 | 86 | 84 | 82 | 80 | 76 | 143 | 108 | - | - | - | - | |
9905 |
100,795 | 171,359 | 89,813 | 151,623 | 98,487 | 135,688 | 89,379 | 83,874 | 68,845 | 67,615 | 47,577 | 11,120 | 19,832 | 41,943 | 26,501 | 42,821 | 42,966 | 14,150 | 27,809 | 18,971 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
100,795 | 171,359 | 89,813 | 151,623 | 98,487 | 135,688 | 89,379 | 83,874 | 68,845 | 67,615 | 47,577 | 11,120 | 19,832 | 41,943 | 172,992 | 146,492 | 103,671 | 60,705 | 47,795 | 19,985 | |
691/2 |
- | 171,359 | 89,813 | 151,623 | 98,487 | 135,688 | 89,379 | 83,874 | 68,845 | 67,615 | 47,577 | 11,120 | 19,832 | 41,943 | 172,992 | - | - | - | 1,240 | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,240 | - | |
6921 |
- | 171,359 | 89,813 | 151,623 | 98,487 | 135,688 | 89,379 | 83,874 | 68,845 | 67,615 | 47,577 | 11,120 | 19,832 | 41,943 | 172,992 | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||||
9087 |
7.3 | 6.8 | 7.3 | 6.9 | 5.7 | 6 | 4.9 | 4.7 | 5.8 | 4.9 | 4.7 | 4.7 | 3.4 | 3.8 | 3.3 | 2.2 | 2 | 2 | 2 | 2 | |
Hours worked1013 |
11,615 | 12,140 | 12,679 | 11,615 | 10,089 | 10,406 | 7,831 | 7,144 | 7,660 | 8,347 | 8,221 | 8,222 | 5,997 | 6,528 | 5,743 | 3,587 | 3,496 | 3,473 | 3,405 | 3,534 | |
| Document | |||||||||||||||||||||
The accounts for 10 older financial years (1996-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 30 days after the deadline. Filed on 30 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00492129.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-08-2026 | 2026-00492129 | |
| 31-12-2024 | abbreviated format | 31-08-2025 | 2025-00463046 | |
| 31-12-2023 | abbreviated format | 31-08-2024 | 2024-00432670 | |
| 31-12-2022 | abbreviated format | 01-09-2023 | 2023-00418405 | |
| 31-12-2021 | abbreviated format | 30-09-2022 | 2022-20445733 | |
| 31-12-2020 | abbreviated format | 31-08-2021 | 2021-60400183 | |
| 31-12-2019 | abbreviated format | 02-11-2020 | 2020-67100309 | |
| 31-12-2018 | abbreviated format | 31-08-2019 | 2019-61900105 | |
| 31-12-2017 | abbreviated format | 27-09-2018 | 2018-66600576 | |
| 31-12-2016 | abbreviated format | 31-08-2017 | 2017-59500040 | |
| 31-12-2015 | abbreviated format | 31-08-2016 | 2016-57300042 | |
| 31-12-2014 | abbreviated format | 31-08-2015 | 2015-56100566 | |
| 31-12-2013 | abbreviated format | 19-08-2014 | 2014-43600098 | |
| 31-12-2012 | abbreviated format | 15-08-2013 | 2013-43300208 | |
| 31-12-2011 | abbreviated format | 18-08-2012 | 2012-42300274 | |
| 31-12-2010 | abbreviated format | 30-08-2011 | 2011-50900104 | |
| 31-12-2009 | abbreviated format | 31-08-2010 | 2010-52400231 | |
| 31-12-2008 | abbreviated format | 01-09-2009 | 2009-74100205 | |
| 31-12-2007 | abbreviated format | 30-08-2008 | 2008-71300204 | |
| 31-12-2006 | abbreviated format | 31-08-2007 | 2007-70600118 | |
| 31-12-2005 | abbreviated format | 29-08-2006 | 2006-70704520 | |
| 31-12-2004 | abbreviated format | 29-07-2005 | 2005-61101134 | |
| 31-12-2003 | abbreviated format | 30-07-2004 | 2004-56402468 | |
| 31-12-2002 | abbreviated format | 31-07-2003 | 2003-58004993 | |
| 31-12-2001 | abbreviated format | 03-10-2002 | 2002-62503984 | |
| 31-12-2000 | abbreviated format | 06-08-2001 | 2001-48804700 | |
| 31-12-1999 | abbreviated format | 11-10-2000 | 2000-64503774 | |
| 31-12-1998 | abbreviated format | 20-12-1999 | 1999-64105233 | |
| 31-12-1997 | abbreviated format | 04-11-1998 | 1998-56400290 | |
| 31-12-1996 | abbreviated format | 27-06-1997 | 1997-24101301 |
Subsidies and aid
Flemish government 2022 to 2025, 4 entries, €1,068 awarded, €1,119 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €480 | €516 |
| 2024 | 1 | €156 | €315 |
| 2023 | 1 | €336 | €288 |
| 2022 | 1 | €96 | €0 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 277,164 | 329,136 | 286,430 | 342,013 | 305,269 | 326,067 | 275,802 | 265,341 | 388,769 | 264,905 | 238,768 | 151,358 | 112,938 | 126,439 | 58,355 | 89,000 | 84,290 | 46,948 | 68,734 | 46,185 | ||
| 208,617 | 244,062 | 189,012 | 265,549 | 230,026 | 255,402 | 204,698 | 200,426 | 268,068 | 180,518 | 152,123 | 102,218 | 73,621 | 87,360 | 33,375 | 48,888 | 51,173 | 26,777 | 41,515 | 33,607 | ||
| 906,472 | 426,697 | 74,634 | 46,922 | 15,092 | 133,456 | 62,627 | 68,839 | 124,977 | 82,938 | 45,167 | 603,720 | 607,246 | 614,234 | 4,564 | 3,531 | 650 | 1,525 | 8,895 | 4,372 | ||
| -159,460 | -354,435 | 68,627 | 97,174 | 163,273 | 53,879 | 81,963 | 15,674 | 24,724 | 49,801 | 84,157 | -128,252 | 106,039 | -124,607 | 55,544 | 48,383 | 30,836 | 10,555 | 13,254 | - | ||
| 55,062 | 297,337 | 598,572 | 562,387 | 395,946 | 203,484 | 137,579 | 61,116 | -4,605 | -192,994 | -231,397 | -292,756 | 66,929 | -13,634 | 147,123 | 128,424 | 95,898 | 52,560 | 39,836 | 11,783 | ||
| 46.1% | 54.1% | 51.3% | 48.2% | 42.8% | 39.0% | 35.2% | 32.3% | 27.3% | 20.8% | 17.3% | 14.5% | 17.1% | 28.4% | 50.3% | 49.0% | 42.2% | 32.4% | 29.4% | 17.6% | ||
| 1.10 | 1.59 | 2.72 | 2.78 | 2.21 | 1.54 | 1.43 | 1.23 | 0.99 | 0.53 | 0.41 | 0.31 | 1.30 | 0.93 | 1.92 | 1.98 | 1.83 | 1.49 | 1.46 | 1.11 | ||
| 1.17 | 0.85 | 0.95 | 1.07 | 1.32 | 1.54 | 1.81 | 2.05 | 2.59 | 3.82 | 4.78 | 5.92 | 4.85 | 2.52 | 0.99 | 1.04 | 1.37 | 2.08 | 2.41 | 4.68 | ||
| 7.3% | 13.5% | 7.8% | 14.8% | 9.4% | 15.2% | 10.9% | 11.4% | 27.1% | 17.7% | 15.2% | 4.2% | 7.8% | 17.8% | 13.8% | 25.7% | 34.6% | 17.4% | 41.5% | 48.4% | ||
| 3.4% | 7.3% | 4.0% | 7.1% | 4.0% | 5.9% | 3.9% | 3.7% | 7.4% | 3.7% | 2.6% | 0.6% | 1.3% | 5.1% | 6.9% | 12.6% | 14.6% | 5.7% | 12.2% | 8.5% | ||
| 8.92 | 13.86 | 11.94 | 12.96 | 11.51 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 9 | 7 | 9 | 8 | 7 |
| full-time | 6 | 4 | 5 | 4 | 4 |
| part-time | 3 | 3 | 4 | 4 | 3 |
| in full-time equivalents | 8.2 | 6.4 | 8 | 7 | 6.2 |
| 7.3 | 6.8 | 7.3 | 6.9 | 5.7 | |
| On a permanent contract | 9 | 7 | 8 | 8 | 7 |
| Joined | 5 | - | - | - | 1 |
| Left | 3 | - | - | - | 0 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €906,472 | €426,697 | €74,634 | €41,922 | €15,092 |
| Intangible fixed assets | - | - | - | €5,000 | - |
| €107,822 | €72,848 | €103,198 | €115,006 | €148,315 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on GRIVAN
The operating result for 2025 is 34% lower than in 2024 and the lowest since 2021.
Debt's share of the balance-sheet total rises from 45.9% to 53.9%. Equity and debt are higher.