Checked.be · Company dossierhttps://checked.be/en/c/de-grind-0534555320 · as of 16-10-2026
DE GRIND
Active
Non-profit association · founded 2013 · active for 13 yearsRootjensweg (GRE) 78, 9200 Dendermonde, BelgiumKBO/BCE: BE 0534.555.320
Summary
DE GRIND has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2020 annual accounts show equity of €7,669 and a net result of -€7,196. Equity is shrinking by about 22% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2023. Its solvency ranks better than 87% of 1,786 sector peers (NACE 82, financial year 2020). The computed 12-month bankruptcy probability is 0.2% (very low).
Signalsraises riskFigures for financial year 2020 (filed 06-09-2021)No registered site in the KBOlowers riskLegal form: non-profit associationSector: Office administrative, office support and other business support activities (NACE 82)neutralNo filing for yearsFiled after the deadlineShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2020 · tick = 2019
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Average
Solvency100+9
equity 86.5% of total assets
Liquidity53-4
short-term debt 13.5% · cash 3.8%
Profitability0-50
return on assets -81.1%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
0.2%Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.2% (12,624 companies, NACE 82, micro)
Last 24 months11-2024: 0.2%highest value12-2024: 0.2%● unchanged vs 11-2024highest value01-2025: 0.2%● unchanged vs 12-2024lowest value02-2025: 0.2%● unchanged vs 01-202503-2025: 0.2%● unchanged vs 02-202504-2025: 0.2%● unchanged vs 03-202505-2025: 0.2%● unchanged vs 04-202506-2025: 0.2%● unchanged vs 05-202507-2025: 0.2%● unchanged vs 06-202508-2025: 0.2%● unchanged vs 07-202509-2025: 0.2%● unchanged vs 08-202510-2025: 0.2%● unchanged vs 09-202511-2025: 0.2%● unchanged vs 10-202512-2025: 0.2%● unchanged vs 11-202501-2026: 0.2%● unchanged vs 12-202502-2026: 0.2%● unchanged vs 01-202603-2026: 0.2%● unchanged vs 02-202604-2026: 0.2%● unchanged vs 03-202605-2026: 0.2%● unchanged vs 04-202606-2026: 0.2%● unchanged vs 05-202607-2026: 0.2%● unchanged vs 06-202608-2026: 0.2%● unchanged vs 07-202609-2026: 0.2%● unchanged vs 08-202610-2026: 0.2%● unchanged vs 09-2026
31-12-2021 year end31-07-2022 deadline16-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 31-08-2021, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 49 days after the deadline; the sector median (NACE 82) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
Annual accounts filedfinancial year 2020 · abbreviated…
Annual accounts filedfinancial year 2019 · abbreviated…
Back to profitnet €1,111
Key points
Risk: Accounts not fileddeadline was 31-07-20221538 days lateView
Caution: Among the weakest 14% on equitysector median €255,574 · 1,788 companies€7,669View