De Groote Innovations
ActiveSummary
The computed 12-month bankruptcy probability of De Groote Innovations is 1.9% (moderate). The 2025 annual accounts show equity of €10,954 and a net result of €8,954. Its solvency ranks better than 23% of 34,954 sector peers (NACE 43, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 16-05-2024 Normal situation
- Activity
- General electrical installation work NACE 43211and 4 others
- Establishment unit
- 2.361.722.049 9750 Kruisem, since 16-05-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 17-08-2024
Board and ownership
- De Groote,Dennis Albert IrisDirector
- De Groote,Robin Martine TonyDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.9%
- Turnover
- €353,143
- Profit
- €8,954
- Equity
- €10,954
- Total assets
- €51,641
Score breakdownraises riskSize: turnover €353,143, total assets €51,641Founded in 2024Equity €10,954 (21.2% of total assets)lowers riskLiquidity: current ratio 1.20, cash €13,259Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 23% of them on solvency, 28% on liquidity and 44% on profitability.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
Searched, nothing found (1)
Key points
- Caution: Less equity than 82% of companies in specialised constructionsector median €57,775 · 34,966 companies €10,954 View
Recent changes
- · Gazette deed IncorporationStarting capital €2,000 · Appointments: De Groote,Dennis Albert Iris (director) and De Groote,Robin Martine Tony (director)
Comparable companies
These companies have the same main activity as De Groote Innovations: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €43,100 and €57,200, founded between 2023 and 2024.
| Company | Total assets | Gross margin |
|---|---|---|
| De Groote Innovations Kruisem | €51,641 | €18,201 |
| JDN Montage Hamme (Vl.) | €53,006 | €16,322 |
| Solisz Energy Deinze | €55,087 | €15,631 |
| LENDELEK Aalter | €43,054 | €18,062 |
| Eldegra Deinze | €55,770 | €21,368 |
| ELISTALA Aalst | €43,504 | €17,849 |
| BG Electro Services Geraardsbergen | €57,207 | €17,601 |
Key facts about De Groote Innovations
- What is the company number of De Groote Innovations?
- The company number of De Groote Innovations is 1009.427.728. The VAT number is the same number with BE in front: BE 1009.427.728.
- Where is De Groote Innovations based?
- The registered office is at Beertegemstraat 45, 9750 Kruisem.Company details
- What does De Groote Innovations do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of De Groote Innovations?
- The legal form of De Groote Innovations is Private limited company (BV).
- When was De Groote Innovations founded?
- De Groote Innovations was founded on 16-05-2024.
- Is De Groote Innovations still active?
- Yes, De Groote Innovations is an active enterprise in the KBO register.
- What is the turnover of De Groote Innovations?
- The turnover of De Groote Innovations was €353,143 in financial year 2025, according to the filed annual accounts.Financials
- Is De Groote Innovations profitable?
- In financial year 2025, De Groote Innovations made a profit of €8,954.
- Where can I find the annual accounts of De Groote Innovations?
- De Groote Innovations filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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