GROENINGE

Active

Public limited companyfounded 200125 yrs activeVaartdijk-Noord 13, 8490 Jabbeke, BelgiumKBO/BCE: BE 0475.084.323

Summary

GROENINGE has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €15,907. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 64% of 9986 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Risk analysisWatch Report Compare

GROENINGEActiveChecked score 67/100

Risk analysis Report Compare

Activity

Development of residential building projects

NACE 68121Real estate development NACE 41101NACE 70111

1 site

Size

€2.2mtotal assets 2025

Equity: €1.1m
Profit: €15,907

Turnover not published (abridged schema)

Financial health

67 Healthy Checked score 2025

Bankruptcy chance 12 m: 0.9%

Structure

Accounts filed 61 d late0 of 6 deeds read

Why 67- Liquidity: current ratio 1.92, cash €7,242- Latest accounts 61 days late; 2 of the last 3 late- 1 change of registered office in 24 months+ Size: total assets €2.2mShow the evidence

Checked score

Score 2025

67 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Better than 44% of its sector peers (NACE 68, small)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Average

Solvency 73=

equity 47.9% of total assets

Liquidity 24-23

short-term debt 52.1% · cash 0.3%

Profitability 39+3

return on assets 0.7%

Bankruptcy probability, 12 months

0.9% Low

0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,922 companies)

Last 17 months 06-2025: 0.2%lowest value 07-2025: 0.2%▲ +39.5% vs 06-2025 08-2025: 0.4%▲ +62.1% vs 07-2025 09-2025: 0.4%▲ +11.3% vs 08-2025 10-2025: 0.5%▲ +32.9% vs 09-2025 11-2025: 0.8%▲ +55.6% vs 10-2025 12-2025: 0.8%● 0.0% vs 11-2025 01-2026: 0.8%● 0.0% vs 12-2025 02-2026: 0.8%● 0.0% vs 01-2026 03-2026: 1.5%▲ +83.4% vs 02-2026 04-2026: 1.5%▼ -2.1% vs 03-2026 05-2026: 1.4%▼ -2.7% vs 04-2026 06-2026: 1.4%▲ +1.0% vs 05-2026 07-2026: 1.4%▼ -3.7% vs 06-2026 08-2026: 1.8%▲ +28.8% vs 07-2026 09-2026: 2.2%▲ +20.5% vs 08-2026highest value 10-2026: 0.9%▼ -60.1% vs 09-2026

Liquidity: current ratio 1.92, cash €7,242 raises the probability
Latest accounts 61 days late; 2 of the last 3 late raises the probability
1 change of registered office in 24 months raises the probability
Size: total assets €2.2m lowers the probability for this profile

Credit up to €70,000 at 30 days acceptable

Liquidity ample (current ratio 1.92 against 1.92 in 2024; short-term debt: 52.1% and cash: 0.3% of total assets), but 52.1% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, small). Better than this share of them on solvency 66%, liquidity 18%, profitability 38%, growth against the median 52%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Liquidity: current ratio 1.92, cash €7,242

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Latest accounts 61 days late; 2 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

1 change of registered office in 24 months

In the bankruptcy model this factor raises the probability.

Belgian State Gazette

Size: total assets €2.2m

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 10 filings

Deviation from the deadline

2025

61 d late

2024

70 d late

2023

29 d late

2022

32 d late

2021

61 d late

2020

9 d early

2019

76 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 46 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)

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. Usually files around 30 September (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

02-10-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage