Ge-Grond
ActiveThe computed 12-month bankruptcy probability of Ge-Grond is 2.4% (moderate). The 2025 annual accounts show equity of €254k and a net result of €176k. Equity is growing by ~174.4% per year across the filed fiscal years. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▲+17
Solvency43▲+13
Growth78=
Track record94
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 3.78 against 1.74 in 2024; short-term debt: 26.4% and cash: 17.7% of total assets), but 81.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
18.3%
Return on assets
12.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-04-2026, 92 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
92 d early
2024
1 d early
2023
54 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€254k▲ 229%
2024 · €77k
2023: €-16k
2024: €77k
2023 → 2025
Total assets
€1.39M▼ 14.6%
2024 · €1.62M
2023: €1.24M
2024: €1.62M
2023 → 2025
Net result
€176k▲ 90.1%
2024 · €93k
2023: €-20k
2024: €93k
2023 → 2025
Working capital
€1.02M▲ 47.3%
2024 · €690k
2023: €422k
2024: €690k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€-16k-€77k€254k▲ 229%
Operating result€-15k-€166k€256k▲ 54.1%
Net result€-20k-€93k€176k▲ 90.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 54% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.39M
Fixed assets
€4k=
Current assets
€1.38M▼ 14.7%
Equity and liabilities €1.39M
Equity
€254k▲ 229%
Debt
€1.13M▼ 26.8%
The debt ratio falls from 95.2% to 81.7%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
18.3%▲
2024 · 4.8%
Current ratio
3.78▲
2024 · 1.74
Quick ratio
1.88▲
2024 · 0.34
Debt / equity
4.47▼
2024 · 20.04
ROE
69.6%▼
2024 · 120.2%
ROA
12.7%▲
2024 · 5.7%
Debt
€1.13M▼
2024 · €1.55M
Debt ≤ 1 year
€366k▼
2024 · €930k
Debt > 1 year
€767k▲
2024 · €617k
Income taxes
€43k▲
2024 · €34k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.62M€1.39M▼
Fixed assets21/28€4k€4k=
Financial fixed assets28€4k€4k=
Current assets29/58€1.62M€1.38M▼
Stocks and contracts in progress3€1.31M€695k▼
Stocks30/36€1.31M€695k▼
Amounts receivable within one year40/41€275k€442k▲
Trade receivables40€30k€30k=
Other amounts receivable41€245k€412k▲
Cash at bank and in hand54/58€38k€246k▲
Equity and liabilities
Total equity and liabilities10/49€1.62M€1.39M▼
Equity10/15€77k€254k▲
Contributions10/11€5k€5k=
Reserves13€93k€249k▲
Distributable reserves133€93k€249k▲
Profit (loss) carried forward14€-20k€0▲
Amounts payable17/49€1.55M€1.13M▼
Amounts payable after more than one year17€617k€767k▲
Financial debts170/4€617k€767k▲
Amounts payable within one year42/48€930k€366k▼
Financial debts43€899k€280k▼
Credit institutions430/8€899k€280k▼
Trade debts44€9k€21k▲
Suppliers440/4€9k€21k▲
Taxes, remuneration and social security45€22k€65k▲
Taxes450/3€22k€65k▲
Other amounts payable47/48€0-
Income statement
Code20242025
Other operating charges640/8€14k€3k▼
Gross operating margin9900€180k€259k▲
Operating profit (loss)9901€166k€256k▲
Financial charges65/66B€39k€37k▼
Recurring financial charges65€39k€37k▼
Profit (loss) for the period before taxes9903€127k€219k▲
Income taxes67/77€34k€43k▲
Profit (loss) for the period9904€93k€176k▲
Profit (loss) for the period to be appropriated9905€93k€176k▲
Appropriation of the result
Profit (loss) to be appropriated9906€73k€156k▲
Profit (loss) brought forward from the previous period14P€-20k€-20k=
Transfer to equity691/2€93k€156k▲
To other reserves6921€93k€156k▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2023net €176k ▲90.1%
Operating result €256k, net result €176k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 3.78
Current ratio from 1.74 to 3.78; short-term debt falls from €930k to €366k.
31-12
Financial
Equity above €200kEq €254k ▲229%
2 profitable years in a row build equity to €254k.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €93k
Net result €93k after one loss-making year.
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brecht · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kraaienhorst 2b2960 BrechtGround area
2,725 m²
Building footprint
1,411 m²
Parcel 11043D0660/00E000, Flanders. Linked by address, not a title deed.
1 establishment unit
Ge-Grond
since 20222.333.246.314
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11043D0660/00E000 | Flanders | 2,725 m² | 1 · 1,411 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-07-2022
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.