VASTGOEDGROEP DEGROOTE
ActiveSummary
VASTGOEDGROEP DEGROOTE has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €304.24M and a net result of €6.54M. Equity is growing by ~13.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 4556 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
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Financials · fiscal year 2025, full schema, statutory accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 69 lines
The notes to these accounts (39 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €627k | €2.10M | €4.38M | €5.01M | €4.88M | ▼ 2.6% |
| Turnover70 | €625k | €1.99M | €4.08M | €4.98M | €4.87M | ▼ 2.2% |
| Other operating income74 | €2k | €18k | €25k | €13k | €5k | ▼ 58.9% |
| Non-recurring operating income76A | - | €94k | €273k | €14k | - | - |
| Operating charges60/66A | €634k | €2.30M | €3.85M | €3.93M | €4.80M | ▲ 22.4% |
| Goods for resale, raw materials and consumables60 | €876 | €11k | €10k | €3k | €17k | ▲ 521% |
| Purchases600/8 | €876 | €11k | €10k | €3k | €17k | ▲ 521% |
| Services and other goods61 | €512k | €1.73M | €3.28M | €3.54M | €4.43M | ▲ 25.0% |
| Remuneration, social security and pensions62 | €116k | €531k | €536k | €338k | €326k | ▼ 3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €14k | €18k | €39k | €32k | ▼ 18.1% |
| Other operating charges640/8 | €309 | €16k | €9k | €4k | €3k | ▼ 21.7% |
| Non-recurring operating charges66A | - | €500 | - | - | - | - |
| Operating profit (loss)9901 | €-8k | €-204k | €530k | €1.08M | €74k | ▼ 93.1% |
| Financial income75/76B | €29k | €7.31M | €4.36M | €5.30M | €6.27M | ▲ 18.3% |
| Recurring financial income75 | €29k | €7.31M | €2.27M | €5.30M | €5.94M | ▲ 12.0% |
| Income from financial fixed assets750 | - | €7.25M | €2.07M | €5.11M | €5.78M | ▲ 13.3% |
| Income from current assets751 | €29k | €58k | €194k | €142k | €154k | ▲ 8.2% |
| Other financial income752/9 | - | - | - | €52k | €0 | ▼ 100.0% |
| Non-recurring financial income76B | - | - | €2.09M | - | €335k | - |
| Financial charges65/66B | €6k | €379k | €-358k | €508k | €-195k | ▼ 138% |
| Recurring financial charges65 | €6k | €379k | €-358k | €508k | €-195k | ▼ 138% |
| Debt charges650 | €6k | €18k | - | €30k | €23k | ▼ 22.8% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | - | €359k | €-359k | €476k | €-219k | ▼ 146% |
| Other financial charges652/9 | €204 | €2k | €926 | €2k | - | - |
| Profit (loss) for the period before taxes9903 | €15k | €6.73M | €5.24M | €5.87M | €6.54M | ▲ 11.3% |
| Income taxes67/77 | €5k | €391 | €1k | €647 | €396 | ▼ 38.8% |
| Taxes670/3 | €5k | €1k | €1k | €647 | €396 | ▼ 38.8% |
| Tax adjustments and reversals of tax provisions77 | - | €887 | - | - | - | - |
| Profit (loss) for the period9904 | €10k | €6.73M | €5.24M | €5.87M | €6.54M | ▲ 11.3% |
| Profit (loss) for the period to be appropriated9905 | €10k | €6.73M | €5.24M | €5.87M | €6.54M | ▲ 11.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €20.89M | €18.70M | €21.89M | €25.51M | €306.85M | ▲ 1,103% |
| Fixed assets21/28 | €12.62M | €12.68M | €12.21M | €16.83M | €297.80M | ▲ 1,669% |
| Tangible fixed assets22/27 | €60k | €84k | €43k | €120k | €88k | ▼ 26.9% |
| Land and buildings22 | €31k | €22k | - | - | - | - |
| Plant, machinery and equipment23 | €2k | €3k | €2k | €1k | €605 | ▼ 40.6% |
| Furniture and vehicles24 | €26k | €58k | €41k | €119k | €87k | ▼ 26.7% |
| Financial fixed assets28 | €12.56M | €12.60M | €12.16M | €16.71M | €297.71M | ▲ 1,681% |
| Affiliated companies280/1 | €12.53M | €12.57M | €12.13M | €16.68M | €297.68M | ▲ 1,684% |
| Participating interests280 | €12.53M | €12.57M | €12.13M | €16.68M | €297.68M | ▲ 1,684% |
| Other financial fixed assets284/8 | €32k | €32k | €32k | €32k | €32k | = |
| Amounts receivable and cash guarantees285/8 | €32k | €32k | €32k | €32k | €32k | = |
| Current assets29/58 | €8.27M | €6.02M | €9.69M | €8.67M | €9.06M | ▲ 4.4% |
| Amounts receivable within one year40/41 | €4.22M | €4.10M | €6.94M | €5.45M | €7.03M | ▲ 29.1% |
| Trade receivables40 | €358k | €237k | €475k | €496k | €445k | ▼ 10.2% |
| Other amounts receivable41 | €3.87M | €3.86M | €6.46M | €4.95M | €6.59M | ▲ 33.1% |
| Current investments50/53 | - | €1.51M | €1.87M | €1.40M | €1.62M | ▲ 15.6% |
| Other investments51/53 | - | €1.51M | €1.87M | €1.40M | €1.62M | ▲ 15.6% |
| Cash at bank and in hand54/58 | €3.97M | €363k | €676k | €1.68M | €248k | ▼ 85.2% |
| Deferred charges and accrued income490/1 | €73k | €41k | €198k | €147k | €159k | ▲ 8.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €20.89M | €18.70M | €21.89M | €25.51M | €306.85M | ▲ 1,103% |
| Equity10/15 | €20.69M | €16.26M | €16.37M | €19.42M | €304.24M | ▲ 1,467% |
| Contributions10/11 | €645k | €645k | €645k | €645k | €645k | = |
| Revaluation surpluses12 | €291k | €291k | €291k | €291k | €280.65M | ▲ 96,499% |
| Reserves13 | €19.75M | €15.33M | €15.44M | €18.48M | €22.95M | ▲ 24.2% |
| Distributable reserves133 | €19.75M | €15.33M | €15.44M | €18.48M | €22.95M | ▲ 24.2% |
| Amounts payable17/49 | €198k | €2.44M | €5.52M | €6.09M | €2.61M | ▼ 57.1% |
| Amounts payable within one year42/48 | €193k | €2.43M | €5.52M | €6.06M | €2.59M | ▼ 57.2% |
| Trade debts44 | €60k | €276k | €261k | €406k | €426k | ▲ 4.9% |
| Suppliers440/4 | €60k | €276k | €261k | €406k | €426k | ▲ 4.9% |
| Advances received on contracts in progress46 | €6k | €6k | €6k | €6k | €6k | = |
| Taxes, remuneration and social security45 | €127k | €104k | €121k | €217k | €82k | ▼ 62.4% |
| Taxes450/3 | €56k | €29k | €42k | €187k | €49k | ▼ 74.1% |
| Remuneration and social security454/9 | €72k | €75k | €78k | €30k | €33k | ▲ 10.2% |
| Other amounts payable47/48 | - | €2.05M | €5.13M | €5.43M | €2.08M | ▼ 61.8% |
| Accrued charges and deferred income492/3 | €5k | €5k | - | €30k | €22k | ▼ 28.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10k | €6.73M | €5.24M | €5.87M | €6.54M | ▲ 11.3% |
| + Depreciation and write-downs630 | €5k | €14k | €18k | €39k | €32k | ▼ 18.1% |
| Operating cash flow (approximation) | €15k | €6.74M | €5.26M | €5.91M | €6.57M | ▲ 11.2% |
| Investment in fixed assets (approximation) | - | €-78k | €456k | €-4.67M | €-280.99M | ▼ 5,922% |
| Change in cash | - | €-3.61M | €313k | €1.00M | €-1.43M | ▼ 243% |
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
09-09
State Gazette act
Appointments: COMMUNICATING PEOPLE, ALEXANDER van RAVELS and Dirk De PauwReappointments: WOVAK (director) and DDP MANAGEMENT (director) · Permanent representatives: Nicolas Bearelle, Alexander van Ravels and 2 others · Resignations: Coformaco Manage (director) and KOIBA (director)14 facts ▸
- General meeting, 27-08-2026
- Director appointment, COMMUNICATING PEOPLE (director)
- Director appointment, ALEXANDER van RAVELS (director)
- Declaration, handelingen die sinds 01/10/2025 door de voornoemde bestuurders tot op heden werden gesteld als bestuurder van de vennootschap, bevestiging van handelingen
- Director reappointment, WOVAK (director)
- Director reappointment, DDP MANAGEMENT (director)
- Director appointment, Dirk De Pauw (chair of the board)
- Permanent representative, Nicolas Bearelle (permanent representative)
- Permanent representative, Alexander van Ravels (permanent representative)
- Director resignation, Coformaco Manage (director)
- Director resignation, KOIBA (director)
- Permanent representative, Conny Vandendriessche (permanent representative)
- +2 further facts in this act
About the unread acts
Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Not every act has been read: a resignation may be missing here
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35013A4616/00A000 | Flanders | 1.7 ha | 1 · 2,735 m² | - |
Linked by address, not proof of ownership
Structure & network
Connections & network
8 connected companiesShow 4 more companies with a shared director
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 14,456 EUR awarded · 14,456 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 5,888 EUR | 5,888 EUR |
| 2023 | 1 | 4,443 EUR | 6,033 EUR |
| 2022 | 1 | 4,125 EUR | 2,535 EUR |
Recognitions · licences · registrations
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Similar companies · same sector, comparable size
Identification & contact
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