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G-ROW TECH

Active
Private limited companyfounded 2020active for 6 yearsD'Helst 7, 9280 Lebbeke, BelgiumKBO/BCE: BE 0746.986.211
Summary

The computed 12-month bankruptcy probability of G-ROW TECH is 4.0% (moderate). The 2024 annual accounts show negative equity (-€555,772) and a net result of -€208,667. Equity is shrinking by about 106% per year across the filed financial years. Its solvency ranks better than 10% of 2,285 sector peers (NACE 25, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Machining of metals
NACE 25530
1 site
Size
€680,179turnover 2024
Staff
3.3 FTE
Equity
-€555,772
Loss
-€208,667
Financial health
47 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
4.0%
Structure
Accounts 77 days overdue1 of 3 deeds read
Why 47raises riskLatest accounts 74 days late; 2 of the last 3 late1 change of registered office in 24 monthsSector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)lowers riskFigures for financial year 2025 (filed 13-10-2026)Show the evidence

Checked score

Score 2024
47 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 28% of its sector peers (NACE 25, micro)
Financial strength · tick = 2023
Weak
Solvency 0-5
equity -35.6% of total assets
Liquidity 26-24
short-term debt 50.8% · cash 1.0%
Profitability 4+4
return on assets -13.4%
Bankruptcy probability, 12 months
4.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,701 companies, NACE 25, micro)
Last 24 months 11-2024: 3.6% 12-2024: 3.6%● unchanged vs 11-2024 01-2025: 3.6%● unchanged vs 12-2024 02-2025: 3.6%● unchanged vs 01-2025 03-2025: 3.8%▲ +0.2 percentage points vs 02-2025 04-2025: 3.8%● unchanged vs 03-2025 05-2025: 4.2%▲ +0.4 percentage points vs 04-2025 06-2025: 4.5%▲ +0.3 percentage points vs 05-2025 07-2025: 2.2%▼ -2.3 percentage points vs 06-2025lowest value 08-2025: 2.8%▲ +0.6 percentage points vs 07-2025 09-2025: 2.9%▲ +0.1 percentage points vs 08-2025 10-2025: 4.3%▲ +1.4 percentage points vs 09-2025 11-2025: 5.8%▲ +1.5 percentage points vs 10-2025 12-2025: 5.9%▲ +0.1 percentage points vs 11-2025 01-2026: 5.9%● unchanged vs 12-2025 02-2026: 5.9%● unchanged vs 01-2026 03-2026: 6.2%▲ +0.3 percentage points vs 02-2026 04-2026: 6.6%▲ +0.4 percentage points vs 03-2026 05-2026: 6.9%▲ +0.3 percentage points vs 04-2026 06-2026: 6.9%● unchanged vs 05-2026 07-2026: 7.0%▲ +0.1 percentage points vs 06-2026 08-2026: 7.7%▲ +0.7 percentage points vs 07-2026 09-2026: 8.6%▲ +0.9 percentage points vs 08-2026highest value 10-2026: 4.0%▼ -4.6 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.69, compared with 1.88 in 2023, below 1; short-term debt: 50.8% and cash: 1% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 25, micro): better than 9% on solvency, 35% on liquidity, 16% on profitability and 52% on growth.

The bankruptcy probability was computed on 15-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Latest accounts 74 days late; 2 of the last 3 late
NBB · filings
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Figures for financial year 2025 (filed 13-10-2026)
NBB · annual accounts
raises risk · Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
21222324
2021 to 2024 · latest year -€555,772
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 77 days later.
NBB · 4 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline16-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-10-2025, 69 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.
NBB · 4 filings
Deviation from the deadline
2025
not filed
2024
69 days late
2023
27 days late
2022
20 days early
2021
12 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 22 days after the deadline; the sector median (NACE 25) 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
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Registered officeRegistered-office move
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€555,772 View
  • Caution: Among the weakest 10% on solvencysector median 44.4% · 2,285 companies 1.8% View
  • Caution: Equity fell in 2024from -€347,105 to -€555,772 ▼ 60.1% View
  • Caution: Accounts not fileddeadline was 31-07-2026 77 days late View
  • Caution: 2 loss-making years in a rowloss financial year 2024 -€208,667 View

By topic

Financials

Financial year
2024
Turnover
€680,179
Loss
-€208,667
Solvency
-35.6%
Turnover▲ 9.4%
Net result
20222024
Go to Financials

Timeline

Events
7
Since
2022
  1. 31-12-2023Weakest financial year
  2. 11-07-2023Annual accounts filed
  3. 31-12-2022Liquidity more than doubled
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Machining of metalsNACE 25530
Founded
18-05-2020
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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