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GROWFORCE

Absorbed by UPTHRUST KBO/BCE: BE 0723.745.506 subsidiary of B-15 BV

Lifetime

4 annual accounts with figures on one time axis
peak €591,194 (2021)
€504,941▼ 14.6%
peak €245,046 (2021)
€181,937▼ 25.8%
peak €427,323 (2022)
€427,323▲ 74.1%
€282,098▼ 58.3%
peak 6.5 FTE (2021)
4.2 FTE▼ 35.4%
Board8 names since 2019
3 directorsGrowth AT and 2 others
Owners3 names in the annual accounts
100%Upthrust and 1 other
Documentsfilings and deeds
28-12-2023150 days late
2022abbreviated format
Gross margin from €591,194 to €504,941Result from €245,046 to €181,937Staff from 6.5 FTE to 4.2 FTEAppointment: Mazars Bedrijfsrevisoren - Réviseurs d'Entrepris… 07-113 directors appointed, 3 resignations 04-01Equity from €245,387 to €427,323

Key points

from the 2022 annual accounts, the last ones filed

Staff

4 employees on 31-12-2022
222021512022

In 2022, 5 people joined and 1 left.

Liquidity

2.51 was 1.46 in 2021

Short-term debts fell from €633,856 to €282,098.

Filings

4 annual accounts 4 late
AprilJune31 JulyOctober2019202020212022

The 2022 accounts came latest: 150 days after the end of the period.

No score

Board and ownership

last known board
AC
Director, until 2023
CC
Director, until 2023
GA
Director, until 2023
FM
Auditor, Sébastien Schueremans
  • B-15 BV consolidatesscore 91equity €17.6m (2025) · annual accounts 2022
Board & ownership

Recent changes

Merger: absorbed by UPTHRUST Dissolution of the company · Dissolved without liquidation · Resignations: CONSUDEL, AUGMENTA CONSULTING and GROWTH AT · General meeting of 02-08-2023 · Gazette deed
Merger proposal: to be absorbed by UPTHRUST UPTHRUST holds all the shares · B-15 BV holds all the shares · Gazette deed
Appointment: Mazars Bedrijfsrevisoren - Réviseurs d'Entreprises BV (statutory auditor) General meeting of 29-07-2022 · Gazette deed
3 directors appointed, 3 resignations Resignations: Van der Auwera Advisory CommV, Just Disruptive CommV and Growth AT CommV · Permanent representatives: David Van der Auwera, Nicholas D'hondt, Amaury Timmermans, Gregory Delens and Dennis De Cat · Appointments: Consudel CommV, Augmenta Consulting BV and Growth AT CommV · General meeting of 05-11-2021 · Gazette deed
All 13 events

Official details

Source: KBO
Status
Absorbed by UPTHRUSTmerger by absorption, May 2023
Activity
“Het verlenen van consultancy diensten met betrekking tot (growth) marketing,sales,e-commerce en talent acquisitie” (deed in Dutch)From the articles, 5 activitiesNo NACE code in the KBO yet
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2021
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2022

≈ €1.2mestimated
€709,421▼ 23.1%
Employeeson 31-12-2022
4▼ 33.3%
Filing
Filed on 28-12-2023
Financials

Insights on GROWFORCE

Absorbed by UPTHRUST in May 2023. The last annual accounts are for financial year 2022. The company was dissolved without liquidation.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about GROWFORCE

What is the company number of GROWFORCE?
The company number of GROWFORCE is 0723.745.506. The VAT number is the same number with BE in front: BE 0723.745.506.
What is the legal form of GROWFORCE?
Legal form of GROWFORCE: BV.
Is GROWFORCE still active?
No. GROWFORCE is inactive in the KBO register.Company details
How many employees did GROWFORCE have?
GROWFORCE had an average of 4.2 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
Which joint committee does GROWFORCE fall under?
In its 2021 annual accounts, GROWFORCE states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of GROWFORCE?
The turnover in financial year 2022 is ≈ €1.2m. This figure is estimated from the gross margin of €504,941 and 2,275 comparable companies of the same size. It probably lies between €720,000 and €2.0m. It is a rough estimate.
Is GROWFORCE profitable?
In financial year 2022, GROWFORCE made a profit of €181,937.
Where can I find the annual accounts of GROWFORCE?
GROWFORCE filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2022.

Next steps

Keep this company with today's facts in a case file.