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BELGIAN GROUND

Active Private limited companyfounded 2020active for 6 yearsKespier 56, 1730 AsseKBO/BCE: BE 0748.903.148

Lifetime

5 annual accounts with figures on one time axis
peak €83,673 (2025)
€83,673▲ 78.4%
peak €52,857 (2025)
€52,857▲ 59.9%
peak €162,224 (2025)
€162,224▲ 14×
€151,626▲ 43.3%
Board1 name since 2020
1 director
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Gross margin from €46,904 to €83,673Result from €33,056 to €52,857Capital increase of €152,658 to €157,658 30-12Dividend €55,000Equity from €11,709 to €162,224Debts from €105,794 to €151,626

Key points

from the 2025 annual accounts

Equity

€162,224 ▲ 14×
€11,7002024€162,0002025

Equity rose in 2025: capital increase.

Investments

€173,692 16.3 × depreciation
20242025

Green is investment, beige is depreciation.

Filings

5 annual accounts 3 late
AprilJune31 JulyOctober20222024

The 2022 accounts came latest: 31 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 26,973 companies had the same profile as BELGIAN GROUND has now. Each dot stands for 68 companies, two years later.

94.8%
were still trading
3.5%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 26,973 companies, not a prediction for BELGIAN GROUND. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 24-06-2020
  • deed of 30-12-2025
Board & ownership

Recent changes

Capital increase of €152,658 to €157,658 Capital from €5,000 to €157,658, 15,266 new shares · Capital contribution: inbreng in natura van hierna beschreven onroerend goed · General meeting of 22-12-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0748903148
Incorporation Founder: · 100 shares · Appointment: (director) · published on 26-06-2020 · Gazette deed
First establishment Kespier 56, Asse
All 11 events

Comparable companies

same main activity, similar in size and age
Company
BELGIAN GROUND Asse €313,850 €83,673 51.7% -
MEDLOC Uccle €294,391 €89,505 30.4% -
Sene Invest Antwerp €283,062 €84,808 70.6% -
VASTGOED BARDYN Kapellen €339,497 €94,131 25.7% -
IMMO DUMOULIN SRL Trois-Ponts €289,154 €74,260 79.5% -
RenoKing De Panne €289,459 €91,042 6.3% -
West X Middelkerke €294,518 €94,268 16.1% -

These companies have the same main activity as BELGIAN GROUND: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €283,000 and €339,000, founded between 2019 and 2021.

Official details

Source: KBO
Status
Active since 24-06-2020Normal situation
Activity
Real estate agency activitiesNACE 68310and 3 others
Establishment unit
2.303.984.9761730 Asse, since 24-06-2020
Financial year end
31 December
Peppol
Reachable since 16-06-2025
Company details

Annual accounts 2025

≈ €180,000estimated
€313,850▲ 167%
Filing
Filed on 30-06-2026, 31 days before the end of the filing period
Financials

Insights on BELGIAN GROUND

BELGIAN GROUND files the micro format. That format states no turnover. The gross margin rose from €15,572 in 2021 to €83,673 in 2025.

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 BELGIAN GROUND

What is the company number of BELGIAN GROUND?
The company number of BELGIAN GROUND is 0748.903.148. The VAT number is the same number with BE in front: BE 0748.903.148.
Where is BELGIAN GROUND based?
The registered office is at Kespier 56, 1730 Asse.Company details
What does BELGIAN GROUND do?
According to the KBO register, the main activity is real estate agency activities (NACE 68310).
What is the legal form of BELGIAN GROUND?
BELGIAN GROUND is a private limited company (BV).
When was BELGIAN GROUND founded?
BELGIAN GROUND was founded on 24-06-2020.
Is BELGIAN GROUND still active?
Yes, BELGIAN GROUND is an active enterprise in the KBO register.
What is the turnover of BELGIAN GROUND?
The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €83,673 and 32 comparable companies (NACE 683). It probably lies between €110,000 and €240,000.Financials
Is BELGIAN GROUND profitable?
In financial year 2025, BELGIAN GROUND made a profit of €52,857.
Where can I find the annual accounts of BELGIAN GROUND?
BELGIAN GROUND filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BELGIAN GROUND due?
BELGIAN GROUND must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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