Result
From profit to loss in 2025, after a profit of €19,534 in 2024.
From profit to loss in 2025, after a profit of €19,534 in 2024.
The accounts state no turnover.
Of this, €7.0m falls due within a year.
The last five annual accounts were filed 13 to 37 days before the end of the period.
Lower net result than 85% of companies in real estate. Sector median €9,997 · 11,279 companies.
The dashed line is the sector median: 0.1% across 6,996 companies (NACE 68, small).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 68, small). It does better than 43% of them on solvency, 9% on liquidity, 30% on profitability and 32% on growth.
The bankruptcy probability was computed on 05-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
In July 2024, 120 companies had the same profile as Gr-Ont has now. Each dot is one company, two years later.
That fits the bankruptcy probability of Gr-Ont itself: 0.2% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 120 companies, not a prediction for Gr-Ont. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is tight, with a current ratio of 1.32 (1.31 in 2024), below the usual 1.5. Short-term debt is 75.5% and cash 0.2% of total assets. 76.4% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 20 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| Gr-Ont Harelbeke | €9.3m | €244,411 | 23.6% | - |
| JURGEN & D Zottegem | €9.8m | €257,716 | 1.4% | - |
| Site-G Wijnegem | €9.0m | €297,625 | 29.7% | 2.1 |
| REMA Wijnegem | €9.4m | €265,365 | 44.4% | - |
| @T HOME INVEST Wervik | €11.5m | €285,785 | 86.3% | 1.6 |
| KASTAAR Bruges | €5.3m | €405,480 | 4.3% | - |
| Retail Immo Menen Nieuwpoort | €18.6m | €347,848 | -0.9% | 0 |
These companies have the same main activity as Gr-Ont: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €5.3m and €19m, founded between 2010 and 2017.
Gr-Ont files the abbreviated format. That format states no turnover. The gross margin fell from €247,649 in 2017 to €244,411 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
See how customers, suppliers and banks see your own company and what to improve first.
If something looks wrong or is missing, please tell us.