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Gr-Ont

Active Private limited companyfounded 2016active for 10 yearsHarpstraat 5, 8530 HarelbekeKBO/BCE: BE 0656.723.553 #10 company by total assets in Harelbeke, Real estate sector

Lifetime

9 annual accounts with figures on one time axis
Gross marginpeak €1.3m (2022)
€244,411▼ 29.5%
Resultlowest -€63,339 (2025)
-€63,339▼ €82,874
Equitypeak €2.3m (2024)
€2.2m▼ 2.8%
Debts
€7.1m▼ 6.5%
Board5 names since 2016
4 directorsAdvasgo and 3 others
Owners4 names in the annual accounts
25.07%Chapter George and 1 other
Documentsfilings and deeds
24-06-202637 days before the deadline
2025abbreviated format
Gross margin from €346,542 to €244,411Loss of €63,339Cash from €1.5m to €19,343

Key points

from the 2025 annual accounts

Result

-€63,339 -€63,339
€19,5002024-€63,3002025

From profit to loss in 2025, after a profit of €19,534 in 2024.

Turnover

≈ €430,000 estimated

The accounts state no turnover.

Debts

€7.1m 76% of the balance sheet
Financial debts 72%Suppliers 0%Taxes and wages 0%Other 28%

Of this, €7.0m falls due within a year.

Filings

9 annual accounts since 2017
AprilJune31 JulyOctober20202025

The last five annual accounts were filed 13 to 37 days before the end of the period.

At the same address

9 companies
  • Alphaconsult seat since 30-11-2023
  • Chapter George Properties seat since 29-10-2022
  • Chapter George seat since 12-07-2021

Position in the sector

-€63,339

Lower net result than 85% of companies in real estate. Sector median €9,997 · 11,279 companies.

Checked score

85
Excellent
Financially stronger than 29% of small companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

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).

Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.4%▲ +0.1 percentage points vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025highest value 08-2025: < 0.1%▼ -0.4 percentage points vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: 0.1%▲ +0.1 percentage points vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.2%▲ +0.1 percentage points vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026

Financial strength
Weak

Solvency
49+1equity 23.6% of total assets
Liquidity
9-19short-term debt 75.5% · cash 0.2%
Profitability
36-2return on assets -0.7%

Score breakdown

raises risk
Liquidity: current ratio 1.32, cash €19,343, halved
lowers risk
Size: total assets €9.3m
Sector: Real estate activities (NACE 68)
Figures for financial year 2025 (filed on 24-06-2026)
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 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).

Comparable companies, two years later

In July 2024, 120 companies had the same profile as Gr-Ont has now. Each dot is one company, two years later.

95.0%
were still trading
5.0%
stopped another way
0.0%
went bankrupt
  • Medium-sized
  • 10 to 20 years old
  • solvency 10 to 30%
  • a small loss

That fits the bankruptcy probability of Gr-Ont itself: 0.2% within 12 months.

Test of the method

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.

The companies in ten equal groups, from the lowest to the highest expected share
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.

Credit verdict

Credit of up to €180,000 on 30-day terms is acceptable

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.

Credit check for an amount and term of your choice

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.32, cash €19,343, halved
NBB · annual accounts
lowers risk · Size: total assets €9.3m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Figures for financial year 2025 (filed on 24-06-2026)
NBB · annual accounts
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 24-06-2026, 37 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
37 days early
2024
13 days early
2023
15 days early
2022
19 days early
2021
19 days early
2020
22 days early
2019
18 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

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.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 12 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

A
Advasgo
Director, Carrette Tony, since 01-01-2020
GG
GROEP G & S
Director, Defeyter Griet, since 01-01-2020
W
WINGMAN
Director, Van Wanseele,Jean, since 01-01-2020
CG
Director, Valcke,Stephanie, since 28-06-2023
  • Chapter George 25.07%score 82equity €14.6m (2025) · 2025 annual accounts of Chapter George
  • GROEP G & S 25.07%score 85equity €6.9m (2025) · 2025 annual accounts of GROEP G & S
  • WINGMAN 24.93%score 97equity €1.7m (2025) · 30-06-2025 annual accounts of WINGMAN
Board & ownership

Recent changes

Capital contribution Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0656723553
4 directors appointed, 1 resignation Resignation: Indel Invest · Permanent representatives: Valcke, Stephanie; Defeyter Griet; Van Wanseele, Jean and Carrette Tony · Appointments: Chapter George, GROEP G & S, WINGMAN and Advasgo · General meeting of 28-06-2023 · Gazette deed
Environmental permit granted Bouwen of herbouwen · Gent
All 25 events

Comparable companies

same main activity, similar in size and age
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.

Official details

Source: KBO
Status
Active since 16-06-2016Normal situation
Registered office
11 active companies are registered at this addressSource: KBO register, as of 6 November 2026.
Activity
Real estate agency activitiesNACE 68310and 1 other
Establishment unit
2.265.367.8908530 Harelbeke, since 16-06-2016
Financial year end
31 December
Peppol
Reachable since 27-03-2026
Company details

Annual accounts 2025

Total assets
€9.3m▼ 5.6%
Filing
Filed on 24-06-2026, 37 days before the end of the filing period
Financials

Insights on Gr-Ont

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.

Key facts about Gr-Ont

What is the company number of Gr-Ont?
The company number of Gr-Ont is 0656.723.553. The VAT number is the same number with BE in front: BE 0656.723.553.
Where is Gr-Ont based?
The registered office is at Harpstraat 5, 8530 Harelbeke.Company details
What does Gr-Ont do?
According to the KBO register, the main activity is real estate agency activities (NACE 68310).
What is the legal form of Gr-Ont?
Gr-Ont is a private limited company (BV).
When was Gr-Ont founded?
Gr-Ont was founded on 16-06-2016.
Is Gr-Ont still active?
Yes, Gr-Ont is an active enterprise in the KBO register.
What is the turnover of Gr-Ont?
The turnover in financial year 2025 is ≈ €430,000. This figure is estimated from the gross margin of €244,411 and 31 comparable companies (NACE 68310). It probably lies between €360,000 and €660,000. In financial year 2022 turnover was €3.4m.Financials
Is Gr-Ont profitable?
In financial year 2025, Gr-Ont made a loss of €63,339.
Where can I find the annual accounts of Gr-Ont?
Gr-Ont filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Gr-Ont due?
Gr-Ont must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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