GROENWAND
ActiveSummary
The computed 12-month bankruptcy probability of GROENWAND is 2.1% (moderate). The 2025 annual accounts show equity of €37k and a net result of €12k. Equity is growing by ~13.9% per year across the filed fiscal years. Its solvency ranks better than 18% of 4486 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
45
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability44▲+6
Solvency33▲+1
Growth52=
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.09 against 1.05 in 2024; short-term debt: 91.6% and cash: 26.2% of total assets), and 91.6% of the assets are financed with debt.
Credit advice 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 · 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
8.4%
Return on assets
2.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 4486 sector peers (2025).
NBB · sector comparisonPosition among 4486 sector peers
Solvency
better than 18%
← weakest
strongest →
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 01-07-2026, 30 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
30 d early
2024
6 d early
2023
30 d late
2022
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€37k▲ 45.7%
2024 · €25k
2022: €23k
2023: €25k
2024: €25k
2022 → 2025
Total assets
€441k▲ 25.9%
2024 · €350k
2022: €260k
2023: €554k
2024: €350k
2022 → 2025
Net result
€12k▲ 3,636%
2024 · €310
2022: €13k
2023: €7k
2024: €310
2022 → 2025
Working capital
€37k▲ 143%
2024 · €15k
2022: €23k
2023: €25k
2024: €15k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€23k-€25k▲ 10.3%€25k▲ 1.2%€37k▲ 45.7%
Operating result€17k-€11k▼ 36.2%€2k▼ 81.2%€16k▲ 660%
Net result€13k-€7k▼ 42.2%€310▼ 95.8%€12k▲ 3,636%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 660% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €441k
Equity
€37k ▲ 45.7%
Debt
€404k ▲ 24.3%
Debt's share of the balance-sheet total falls from 92.8% to 91.6%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.09▲
2024 · 1.05
Quick ratio
0.72▲
2024 · 0.29
Debt to equity
10.94▼
2024 · 12.81
ROE
31.4%▲
2024 · 1.2%
ROA
2.6%▲
2024 · 0.1%
Debt ≤ 1 year
€404k▲
2024 · €325k
Debt > 1 year
€0
Income taxes
€4k▲
2024 · €1k
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 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€350k€441k▲
Fixed assets21/28€10k€0▼
Tangible fixed assets22/27€10k€0▼
Other tangible fixed assets26€10k€0▼
Current assets29/58€340k€441k▲
Stocks and contracts in progress3€246k€152k▼
Stocks30/36€246k€152k▼
Amounts receivable within one year40/41€86k€173k▲
Trade receivables40€86k€173k▲
Other amounts receivable41€0€0=
Cash at bank and in hand54/58€8k€116k▲
Deferred charges and accrued income490/1-€765
Equity and liabilities
Total equity and liabilities10/49€350k€441k▲
Equity10/15€25k€37k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€20k€32k▲
Amounts payable17/49€325k€404k▲
Amounts payable after more than one year17-€0
Advances received on contracts in progress176-€0
Amounts payable within one year42/48€325k€404k▲
Trade debts44€1k€13k▲
Suppliers440/4€1k€13k▲
Advances received on contracts in progress46€7k-
Taxes, remuneration and social security45€3k€12k▲
Taxes450/3€3k€12k▲
Other amounts payable47/48€314k€379k▲
Income statement
Code20242025
Other operating charges640/8€605€403▼
Gross operating margin9900€3k€16k▲
Operating profit (loss)9901€2k€16k▲
Financial income75/76B€3€75▲
Recurring financial income75€3€75▲
Financial charges65/66B€386€629▲
Recurring financial charges65€386€629▲
Profit (loss) for the period before taxes9903€2k€15k▲
Income taxes67/77€1k€4k▲
Profit (loss) for the period9904€310€12k▲
Profit (loss) for the period to be appropriated9905€310€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€20k€32k▲
Profit (loss) brought forward from the previous period14P€20k€20k▲
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
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €310 ▼95.8%
Net result drops to €310, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Antwerpen · 1 establishment unit since 2021
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.
Ordamstraat 92030 AntwerpenGround area
10.9 ha
Building footprint
12.0 ha
Volume, LiDAR
885,672 m³
Parcel 11816C0340/00W000, Flanders · tallest building 17.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
GROENWAND
since 20212.326.854.311
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11816C0340/00W000 | Flanders | 10.9 ha | 1 · 12.0 ha | 17.9 m · 4 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
TUFANO
BE 0674.900.858
Wanze · Eq €36,956
TUINEN JACOBS
BE 1002.631.194
Zonhoven · Eq €36,952
FREESIA
BE 0424.823.574
Hasselt · Eq €36,946
Louis STICH
BE 1020.811.568
Welkenraedt · Eq €37,030
LEMMENS A.
BE 1007.275.813
Fléron · Eq €36,898
Of 21,216 companies in sector 81300 we hold annual accounts for 4,362. 3,491 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 formPrivate limited company
Founded27-12-2021
Fiscal year end31-12
Activities, NACEBEL 2025
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.