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Complete company report
Generated 14-07-2026
Active BE 0753.977.832Private limited company

110 GROUP

Lt. Graffplein 15 ·1780 Wemmel, Belgium· 5 yrs active
Sector: Plumbing (43221)
Conclusion Checked

The computed 12-month bankruptcy probability of 110 GROUP is 6.8% (elevated). The 2022 annual accounts show negative equity (€-1k) and a net result of €-1k. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €-1k
Net result €-1k
Active 5 yrs
Snowflake analysis 5 axes · computed by Checked
Health22Profitability100Solvency43Growth32Stability94
58 / 100

Mixed profile: strong on profitability, weaker on health.

Health 22
Profitability 100
Solvency 43
Growth 32
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
6.8% Elevated
0%0,5%1,5%4%10%≥25%
Annual accounts: weaker financial profile +Young company +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2022 · computed
22 / 100 Critical
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview4 NBB filings
Annual accounts filed on 16-09-2025 with the NBB · fiscal year 2024 · micro
€-2k€-1k€-500€0€500Operating result 2021: €298€298Net result 2021: €298€298Operating result 2022: €-1k€-1kNet result 2022: €-1k€-1k20212022
Operating resultNet result
Net profit
€-1k
- far below sector median
Total assets
€20k
-0.6% -86% vs sector
Equity
€-1k
- far below sector median
Working capital
€-1k
- far below sector median
Debt
€21k
+6.7% -74% vs sector
Debt ≤ 1y
€21k
+6.7% -65% vs sector
Current ratio
0.95
-6.9% -38% vs sector
Quick ratio
0.95
-6.9% -29% vs sector
Solvency
-5.8%
- far below sector median
Debt / equity
-18.25
- far below sector median
ROE
94.2%
-5.8% far above sector median
ROA
-5.5%
- far below sector median
Figures by fiscal year
Fiscal year2022
Revenue-
EBITDA-
Net profit€-1k
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€20k
Equity€-1k
Debt€21k
of which ≤ 1y€21k
of which > 1y-
Working capital€-1k
Employees (FTE)-
Ratios (computed)
2022
Current ratio0.95
Quick ratio0.95
Working capital ratio-5.8%
Solvency-5.8%
Debt / equity-18.25
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA-5.5%
ROE94.2%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€20k
Current assets 29/58€20k
Amounts receivable within one year 40/41€11k
Cash & bank 54/58€8k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€20k
Equity 10/15€-1k
Accumulated profits (losses) 14€-1k
Amounts payable 17/49€21k
Amounts payable within one year 42/48€21k
Trade debts payable within one year 44€5k
Income statement
Gross operating margin 9900€982
Operating result 9901€-1k
Result before taxes 9903€-1k
Net result for the period 9904€-1k
Result to be appropriated 9905€-1k
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Ratios computed by Checked.
Legal Structure
NACE primary Plumbing(43221)
Legal form Private limited company(610)
Incorporation11-09-2020
StatusActive
Postal code1780
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
22662B0387/00R004 Flanders 147 m² 1 · 144 m² 14.9 m · 4 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 4 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
16-09-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
06-08-2025
NBB filing Annual accounts filed
fiscal year 2023 · micro
2023
26-10-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
2022
23-06-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Loodgieterswerk43221Sanitaire werkzaamheden43221Algemene bouw van residentiële gebouwen41001Algemene bouw van residentiële gebouwen41201Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Installatie van verwarming, klimaatregeling en ventilatie43222Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit43222Schrijnwerk43320Schrijnwerk43320Dakwerkzaamheden43410Dakwerkzaamheden43910Metselwerk43910Overige gespecialiseerde bouwactiviteiten, neg43990Uitvoeren van metsel- en voegwerken43994Restaureren van bouwwerken43995
Primary activity highlighted.
Names & trade names
Legal nameNL 110 GROUP
Registered office
Lt. Graffplein 15
1780 Wemmel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative