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GROENLANDERS

Active
Private limited companyfounded 200125 yrs activeAcaciastraat 1, 9220 Hamme (Vl.), BelgiumKBO/BCE: BE 0473.741.763

GROENLANDERS has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7k and a net result of €14k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 28% of 4401 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
71 / 100
Healthy▲ +56 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency30▼-9
Growth32=
Stability100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.23 against 0.77 in 2024), and 80.1% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 25 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
19.9%
Return on assets
42.4%
Age of the figures
8 mo
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 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
63 d early
2024
31 d early
2023
55 d early
2022
23 d late
2021
26 d late
2020
5 d early
2019
36 d early
← before the deadline after the deadline →
neutral · 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.
Companies Code · seven months
Position in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

Financials · fiscal year 2025, micro schema

Equity
€7k
2024 · €-8k
2018: €25k 2019: €38k 2020: €44k 2021: €47k 2022: €20k 2023: €-496 2024: €-8k
2018 → 2025
Total assets
€34k▲ 1.8%
2024 · €33k
2018: €52k 2019: €70k 2020: €77k 2021: €74k 2022: €69k 2023: €33k 2024: €33k
2018 → 2025
Net result
€14k
2024 · €-7k
2018: €23k 2019: €18k 2020: €10k 2021: €4k 2022: €-27k 2023: €-21k 2024: €-7k
2018 → 2025
Working capital
€6k
2024 · €-9k
2018: €22k 2019: €35k 2020: €38k 2021: €45k 2022: €17k 2023: €-4k 2024: €-9k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€47k-€20k▼ 57.0%€-496€-8k▼ 1,442%€7k
Operating result€6k-€-26k€-18k▲ 30.5%€-6k▲ 66.6%€16k
Net result€4k-€-27k€-21k▲ 22.9%€-7k▲ 65.7%€14k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20kOperating result 2021: €6k€6kNet result 2021: €4k€4kOperating result 2022: €-26k€-26kNet result 2022: €-27k€-27kOperating result 2023: €-18k€-18kNet result 2023: €-21k€-21kOperating result 2024: €-6k€-6kNet result 2024: €-7k€-7kOperating result 2025: €16k€16kNet result 2025: €14k€14k20212022202320242025
The operating result returns to profit in 2025: €16k after a loss of €6k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €34k
Fixed assets €472▼ 74.2%
Current assets €33k▲ 6.2%
Equity and liabilities €34k
Equity €7k
Debt €27k
Debt finances 80.1% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
€17k
2024 · €-4k
Cash flow
€16k
2024 · €-5k
Solvency
19.9%
2024 · -22.9%
Current ratio
1.23
2024 · 0.77
Quick ratio
0.90
2024 · 0.49
Debt / equity
4.02
2024 · -5.37
ROE
212.9%
2024 · 93.5%
ROA
42.4%
2024 · -21.4%
Interest coverage
10.72
2024 · -3.19
Debt
€27k
2024 · €41k
Debt ≤ 1 year
€27k
2024 · €41k
Staff costs
€113k
2024 · €104k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€33k€34k
Fixed assets21/28€2k€472
Tangible fixed assets22/27€2k€366
Plant, machinery and equipment23€82€0
Furniture and vehicles24€2k€366
Financial fixed assets28€106€106=
Current assets29/58€32k€33k
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Stocks and contracts in progress3€11k€9k
Stocks30/36€11k€9k
Amounts receivable within one year40/41€7k€3k
Trade receivables40€7k€3k
Other amounts receivable41€0-
Cash at bank and in hand54/58€12k€20k
Deferred charges and accrued income490/1€1k€1k
Equity and liabilities
Total equity and liabilities10/49€33k€34k
Equity10/15€-8k€7k
Contributions10/11€6k€6k=
Reserves13€28k€28k=
Tax-exempt reserves132€4k€4k=
Distributable reserves133€25k€25k=
Profit (loss) carried forward14€-42k€-28k
Amounts payable17/49€41k€27k
Amounts payable within one year42/48€41k€27k
Trade debts44€20k€6k
Suppliers440/4€20k€6k
Taxes, remuneration and social security45€20k€15k
Taxes450/3€10k€5k
Remuneration and social security454/9€10k€10k
Other amounts payable47/48€1k€5k
Accrued charges and deferred income492/3€0-
Income statement Code20242025
Remuneration, social security and pensions62€104k€113k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k
Other operating charges640/8€2k€2k
Gross operating margin9900€102k€132k
Operating profit (loss)9901€-6k€16k
Financial income75/76B€36€323
Recurring financial income75€36€323
Financial charges65/66B€1k€2k
Recurring financial charges65€1k€2k
Profit (loss) for the period before taxes9903€-7k€14k
Profit (loss) for the period9904€-7k€14k
Profit (loss) for the period to be appropriated9905€-7k€14k
Appropriation of the result
Profit (loss) to be appropriated9906€-42k€-28k
Profit (loss) brought forward from the previous period14P€-35k€-42k

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-05
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Back to profitnet €14k
Net result €14k after 3 loss-making years.
30-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
06-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
23-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
31-12
Financial Weakest financial yearnet €-27k ▼857%
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
26-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
26-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
25-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
03-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
21-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
05-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Hamme (Vl.) · 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.

Acaciastraat 19220 Hamme (Vl.)
Ground area
246 m²
Building footprint
93 m²
Volume, LiDAR
418 m³
Parcel 42008A1723/00M003, Flanders · tallest building 8.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Acaciastraat 1, 9220 Hamme (Vl.)
Raising of dairy cattle
since 20012.097.788.712
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42008A1723/00M003 Flanders 246 m² 1 · 93 m² 8.1 m · 1 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.

Similar companies · same sector, comparable size

Of 21,157 companies in sector 81300 we hold annual accounts for 4,344. 1,990 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded08-01-2001
Fiscal year end31-12
Activities, NACEBEL
01410Raising of dairy cattle
81300Landscape service activities
43120Site preparation
45112
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.