Active BE 0471.004.680Public limited company

DE GROOT FUNDERINGSTECHNIEKEN

Vijverwegel 79 ·9090 Merelbeke-Melle, Belgium· 26 yrs active

Sector: Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts (71121)

Conclusion Checked

The KBO register records legal situation 050 for DE GROOT FUNDERINGSTECHNIEKEN (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2018 annual accounts show equity of €1.50M and a net result of €279k.

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€1.50M
Net result	€279k
Staff (FTE)	16.4
Active	26 yrs

Financial profile 4 of 5 axes measured · computed by Checked

51 / 100

Mixed profile: strong on profitability, weaker on stability.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 24

Profitability 93

Solvency 87

Growth -

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

0 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Trust signals 1 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2018 · computed

24 / 100 Critical

050100

Computed from 3 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2018 and the legal situation the KBO register itself records. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 29-01-2021 with the NBB · fiscal year 2020 · verkort

Highlight YoY changes (±10%)

Fiscal year	2018
Deposit	verkort
Revenue	-
EBITDA	€169k
Net profit	€279k
Cash flow	€343k
Staff costs	-
Income taxes	€882
Dividends	-
Total assets	€4.50M
Equity	€1.50M
Debt	€3.01M
of which ≤ 1y	€2.17M
of which > 1y	€835k
Working capital	€2.11M
Employees (FTE)	16.4

Ratios (computed)

	2018
Current ratio	1.97
Quick ratio	1.80
Working capital ratio	46.9%
Solvency	33.2%
Debt / equity	0.56
Long-term debt ratio	0.56
Interest coverage	-
Gross margin	-
Net margin	-
ROA	6.2%
ROE	18.6%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2018

Assets

Fixed assets €220k · 4.9% Current assets €4.28M · 95.1%

Equity & liabilities

Equity €1.50M · 33.2% Debt €3.01M · 66.8%

Full annual accounts (25 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2018
Balance sheet, Assets
TOTAL ASSETS	20/58	€4.50M
Fixed assets	21/28	€220k
Tangible fixed assets	22/27	€199k
Financial fixed assets	28	€21k
Current assets	29/58	€4.28M
Stocks & contracts in progress	3	€379k
Amounts receivable within one year	40/41	€3.73M
Cash & bank	54/58	€159k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€4.50M
Equity	10/15	€1.50M
Contributions / capital	10/11	€62k
Reserves	13	€1.16M
Accumulated profits (losses)	14	€279k
Amounts payable	17/49	€3.01M
Amounts payable after one year	17	€835k
Amounts payable within one year	42/48	€2.17M
Trade debts payable within one year	44	€2.03M
Income statement
Gross operating margin	9900	€980k
Operating result	9901	€105k
Financial income	75	€33k
Financial charges	65	€4k
Result before taxes	9903	€135k
Income taxes	67/77	€882
Net result for the period	9904	€134k
Result to be appropriated	9905	€134k

Ratios computed by Checked.

Legal Structure

NACE primary	Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts(71121)
Legal form	Public limited company(014)
Incorporation	18-02-2000
Status	Active
Postal code	9090

Establishment units 1 location

Heirweg 103, 9270 Laarne

ALGEMENE COöRDIN.WERKZAAMHEDEN BOUWWERF

since 20002.099.648.736

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

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 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44402A0358/00R002	Flanders	7,516 m²	1 · 3,809 m²	8.4 m · 2 fl.
42010A0584/00M000	Flanders	310 m²	1 · 270 m²	6.6 m · 1 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 10 events

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

2021

29-01-2021