GRODAKA
ActiveSummary
GRODAKA has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.71M and a net result of €798k. Equity is growing by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 92% of 7777 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
90
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▲+4
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500k at 30 days acceptable
Liquidity ample (current ratio 5.16 against 14.67 in 2024; short-term debt: 13.5% and cash: 62.2% of total assets), and 13.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
86.5%
Return on assets
12.1%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 15-12-2025, 47 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
47 d early
2024
24 d early
2023
44 d early
2022
50 d early
2021
49 d early
2020
48 d early
2019
45 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€5.71M▲ 5.1%
2024 · €5.44M
2019: €2.61M
2020: €3.13M
2021: €3.84M
2022: €4.42M
2023: €4.92M
2024: €5.44M
2019 → 2025
Total assets
€6.61M▲ 16.1%
2024 · €5.69M
2019: €2.98M
2020: €3.79M
2021: €4.24M
2022: €4.64M
2023: €5.18M
2024: €5.69M
2019 → 2025
Net result
€798k▲ 53.5%
2024 · €520k
2019: €565k
2020: €523k
2021: €710k
2022: €579k
2023: €501k
2024: €520k
2019 → 2025
Working capital
€3.71M▲ 8.5%
2024 · €3.42M
2019: €2.13M
2020: €1.97M
2021: €2.83M
2022: €3.24M
2023: €3.49M
2024: €3.42M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3.84M-€4.42M▲ 15.1%€4.92M▲ 11.3%€5.44M▲ 10.6%€5.71M▲ 5.1%
Operating result€1.04M-€823k▼ 21.0%€705k▼ 14.4%€737k▲ 4.6%€1.08M▲ 46.0%
Net result€710k-€579k▼ 18.5%€501k▼ 13.4%€520k▲ 3.7%€798k▲ 53.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 46% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.61M
Fixed assets
€2.00M ▼ 0.7%
Current assets
€4.60M ▲ 25.3%
Equity and liabilities €6.61M
Equity
€5.71M ▲ 5.1%
Debt
€894k ▲ 255%
Debt's share of the balance-sheet total rises from 4.4% to 13.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.36M▲
2024 · €993k
Cash flow
€1.09M▲
2024 · €776k
Current ratio
5.16▼
2024 · 14.67
Quick ratio
5.13▼
2024 · 14.57
Debt to equity
0.16▲
2024 · 0.05
ROE
14.0%▲
2024 · 9.6%
ROA
12.1%▲
2024 · 9.1%
Interest coverage
546.24▲
2024 · 393.20
Debt ≤ 1 year
€892k▲
2024 · €250k
Income taxes
€343k▲
2024 · €237k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€5.69M€6.61M▲
Fixed assets21/28€2.02M€2.00M▼
Tangible fixed assets22/27€2.02M€2.00M▼
Land and buildings22€1.61M€1.58M▼
Plant, machinery and equipment23€33k€25k▼
Furniture and vehicles24€372k€401k▲
Current assets29/58€3.67M€4.60M▲
Stocks and contracts in progress3€24k€28k▲
Stocks30/36€24k€28k▲
Amounts receivable within one year40/41€391k€463k▲
Trade receivables40€390k€463k▲
Other amounts receivable41€325€325=
Current investments50/53€1.48M-
Cash at bank and in hand54/58€1.78M€4.11M▲
Deferred charges and accrued income490/1-€200
Equity and liabilities
Total equity and liabilities10/49€5.69M€6.61M▲
Equity10/15€5.44M€5.71M▲
Contributions10/11€124k€124k=
Capital10€124k€124k=
Issued capital100€124k€124k=
Reserves13€5.32M€5.59M▲
Non-distributable reserves130/1€12k€12k=
Legal reserve130€12k€12k=
Tax-exempt reserves132€24k€24k=
Distributable reserves133€5.28M€5.55M▲
Amounts payable17/49€252k€894k▲
Amounts payable within one year42/48€250k€892k▲
Trade debts44€143k€147k▲
Suppliers440/4€143k€147k▲
Advances received on contracts in progress46€55€8k▲
Taxes, remuneration and social security45€82k€194k▲
Taxes450/3€82k€194k▲
Other amounts payable47/48€25k€542k▲
Accrued charges and deferred income492/3€1k€3k▲
Income statement
Code20242025
Non-recurring operating income76A€19k€74k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€256k€288k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-28k
Other operating charges640/8€110k€64k▼
Gross operating margin9900€1.10M€1.40M▲
Operating profit (loss)9901€737k€1.08M▲
Financial income75/76B€22k€67k▲
Recurring financial income75€22k€67k▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€756k€1.14M▲
Income taxes67/77€237k€343k▲
Profit (loss) for the period9904€520k€798k▲
Profit (loss) for the period to be appropriated9905€520k€798k▲
Appropriation of the result
Profit (loss) to be appropriated9906€520k€798k▲
Transfer from equity791/2-€523k
Transfer to equity691/2€520k€798k▲
To other reserves6921€520k€798k▲
Profit to be distributed694/7-€523k
Return on contributions (dividend)694-€523k
The notes to these accounts (7 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
2025
15-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial
Highest result since 2019net €798k ▲53.5%
Operating result €1.08M, net result €798k, both a record.
07-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Equity above €5MEq €5.44M ▲10.6%
6 profitable years in a row build equity to €5.44M.
2023
18-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
30-06
Financial
Weakest financial yearnet €501k ▼13.4%
Net result drops to €501k, the lowest in the series; recovery starts the following year.
2022
12-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
13-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial
Liquidity doublescurrent ratio 8.12
Current ratio from 4.02 to 8.12; short-term debt falls from €653k to €397k.
2020
14-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
17-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
20-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
18-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
12-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Tielt · 1 establishment unit since 2001
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.
Zegersstraat 68700 TieltGround area
1.5 ha
Building footprint
1,013 m²
Volume, LiDAR
6,392 m³
Parcel 37302E0626/00D000, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GRODAKA
since 20012.100.784.725
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37302E0626/00D000 | Flanders | 1.5 ha | 1 · 1,013 m² | 7.0 m · 2 fl. |
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.
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Of 8,455 companies in sector 43120 we hold annual accounts for 3,233. 548 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded10-04-2000
Fiscal year end30-06
Activities, NACEBEL 2025
43120Site preparation
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.