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GR-ZWEMBADEN

Active
Private limited companyfounded 2007active for 18 yearsMerelstraat 11, 9950 Lievegem, BelgiumKBO/BCE: BE 0894.153.522
Summary

GR-ZWEMBADEN has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €66,603 and a net result of €4,097. Equity has been growing by about 13% per year since 2018. Its solvency ranks better than 54% of 1,257 sector peers (NACE 42, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Overview

Official details

Source: KBO
Status
Active since 13-12-2007 Normal situation
Activity
Civil engineering NACE 42990
Establishment unit
2.167.732.838 9950 Lievegem, since 13-12-2007
Financial year end
31 December
Peppol
Reachable since 26-08-2025

Board and ownership

Board

Financial position

64 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.3%
Annual accounts 2025
Gross margin
€31,895
▲ 24.8%
Turnover
≈ €130,000
estimated
Profit
€4,097
▼ 75.2%
Equity
€66,603
▲ 6.6%
Total assets
€137,034
▼ 7.1%
Staff
≈ 0 FTE
estimated
  • 2025 accounts filed 89 days after the deadline
Score breakdownraises riskLast filed accounts filed 89 days late; 3 of the last 3 accounts lateLiquidity: current ratio 1.83, cash €868, halvedProfit of €4,097 (financial year 2025)lowers riskFounded in 2007Show the evidence

Checked score

Score 2025
64 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 36% of micro companies in civil engineering (NACE 42)
Financial strength · tick: 2024
Average
Solvency 74+7
equity 48.6% of total assets
Liquidity 25-5
short-term debt 51.4% · cash 0.6%
Profitability 45-38
return on assets 3.0%
Bankruptcy probability within 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.8% (1,867 companies, NACE 42, micro)
Last 24 months 12-2024: 4.6% 01-2025: 4.6%● unchanged vs 12-2024 02-2025: 4.7%▲ +0.1 percentage points vs 01-2025 03-2025: 4.6%▼ -0.1 percentage points vs 02-2025 04-2025: 4.9%▲ +0.3 percentage points vs 03-2025 05-2025: 4.6%▼ -0.3 percentage points vs 04-2025 06-2025: 4.5%▼ -0.1 percentage points vs 05-2025 07-2025: 4.7%▲ +0.2 percentage points vs 06-2025 08-2025: 5.1%▲ +0.4 percentage points vs 07-2025 09-2025: 5.3%▲ +0.2 percentage points vs 08-2025 10-2025: 6.9%▲ +1.6 percentage points vs 09-2025highest value 11-2025: 1.7%▼ -5.2 percentage points vs 10-2025 12-2025: 1.7%● unchanged vs 11-2025 01-2026: 1.7%● unchanged vs 12-2025 02-2026: 0.8%▼ -0.9 percentage points vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.7%▼ -0.1 percentage points vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026lowest value 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 1.2%▲ +0.5 percentage points vs 07-2026 09-2026: 1.4%▲ +0.2 percentage points vs 08-2026 10-2026: 1.3%▼ -0.1 percentage points vs 09-2026 11-2026: 1.3%● unchanged vs 10-2026
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.83 (1.64 in 2024), above the usual 1.5. Short-term debt is 51.4% and cash 0.6% of total assets. However, 51.4% of the assets are financed with debt and provisions.
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 42, micro). It does better than 55% of them on solvency, 16% on liquidity, 24% on profitability and 50% on growth.

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

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 89 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 2007
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 1.83, cash €868, halved
NBB · annual accounts
raises risk · Profit of €4,097 (financial year 2025)
NBB · annual accounts
raises risk · 2025 accounts filed 89 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-10-2026, 89 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 · 10 filings
Deviation from the deadline
2025
89 days late
2024
85 days late
2023
89 days late
2022
85 days late
2021
347 days late
2020
290 days late
2019
130 days late
← 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 159 days after the deadline. In the sector (NACE 42), the median for financial year 2024 was 2 days before the deadline, and 41% 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 28 October (4 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
03-11-2026 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

Recent changes

  1. · Gazette deed Registered office moved from Adegem to LievegemChanges of role: Vandaele Guy (director) and De Maere Rudi (director)
  2. · Gazette deed Registered office moved from Eeklo to Adegem
  3. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as GR-ZWEMBADEN: civil engineering (NACE 42990). They are comparable in size and age: total assets between €67,700 and €281,000, founded between 2005 and 2012.

CompanyTotal assetsGross margin
GR-ZWEMBADEN Lievegem€137,034€31,895
Q-ENERGY Lokeren€281,150€41,324
AF Solutions Wavre€142,242€47,329
M&X CONSTRUCT Pelt€192,493€80,351
NP Projects Moorslede€177,081€11,847
ENERGIS CONSULTING Asse€67,726€43,880
AVT Forages & Travaux Wavre€129,927€105,858
Full comparison

Key facts about GR-ZWEMBADEN

What is the company number of GR-ZWEMBADEN?
The company number of GR-ZWEMBADEN is 0894.153.522. The VAT number is the same number with BE in front: BE 0894.153.522.
Where is GR-ZWEMBADEN based?
The registered office is at Merelstraat 11, 9950 Lievegem.Company details
What does GR-ZWEMBADEN do?
According to the KBO register, the main activity is civil engineering (NACE 42990).
What is the legal form of GR-ZWEMBADEN?
The legal form of GR-ZWEMBADEN is Private limited company (BV).
When was GR-ZWEMBADEN founded?
GR-ZWEMBADEN was founded on 13-12-2007.
Is GR-ZWEMBADEN still active?
Yes, GR-ZWEMBADEN is an active enterprise in the KBO register.
What is the turnover of GR-ZWEMBADEN?
The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €31,895 and 2,953 comparable companies of the same size. It probably lies between €77,000 and €230,000. It is a rough estimate.Financials
Is GR-ZWEMBADEN profitable?
In financial year 2025, GR-ZWEMBADEN made a profit of €4,097.
Where can I find the annual accounts of GR-ZWEMBADEN?
GR-ZWEMBADEN filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GR-ZWEMBADEN due?
GR-ZWEMBADEN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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