Groenweghe
ActiveGroenweghe has been active since 1971 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €179k and a net result of €-27k. Equity is growing by ~19.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 27676 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-69
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 59.62 against 31.05 in 2024; short-term debt: 1.4% and cash: 79.2% of total assets), and 1.4% 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
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
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 →
neutral · Latest accounts filed on time
The financial year that closed on 30-12-2025 was due by 30-07-2026 and was filed on 18-03-2026, 134 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
134 d early
2024
107 d early
2023
116 d early
2022
115 d early
2021
125 d early
2020
121 d early
2019
74 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-12-2026 and is due by 30-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today30-12-2026 close30-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€179k▼ 13.2%
2024 · €207k
2018: €80k
2019: €76k
2020: €70k
2021: €89k
2022: €162k
2023: €218k
2024: €207k
2018 → 2025
Total assets
€182k▼ 14.3%
2024 · €212k
2018: €246k
2019: €205k
2020: €189k
2021: €161k
2022: €201k
2023: €242k
2024: €212k
2018 → 2025
Net result
€-27k
2024 · €244
2018: €12k
2019: €-4k
2020: €-6k
2021: €23k
2022: €80k
2023: €63k
2024: €244
2018 → 2025
Working capital
€147k▼ 13.9%
2024 · €171k
2018: €45k
2019: €34k
2020: €33k
2021: €48k
2022: €121k
2023: €178k
2024: €171k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€89k-€162k▲ 81.2%€218k▲ 34.9%€207k▼ 5.2%€179k▼ 13.2%
Operating result€36k-€107k▲ 200%€84k▼ 21.1%€1k▼ 98.3%€-26k
Net result€23k-€80k▲ 241%€63k▼ 20.4%€244▼ 99.6%€-27k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €26k after €1k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €182k
Fixed assets
€33k▼ 9.6%
Current assets
€149k▼ 15.3%
Equity and liabilities €182k
Equity
€179k▼ 13.2%
Debt
€3k▼ 55.9%
The debt ratio falls from 2.7% to 1.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-23k▼
2024 · €5k
Cash flow
€-24k▼
2024 · €4k
Solvency
98.6%▲
2024 · 97.3%
Current ratio
59.62▲
2024 · 31.05
Quick ratio
59.62▲
2024 · 31.05
Debt / equity
0.01▼
2024 · 0.03
ROE
-15.2%▼
2024 · 0.1%
ROA
-15.0%▼
2024 · 0.1%
Interest coverage
-55.81▼
2024 · 7.86
Debt
€3k▼
2024 · €6k
Debt ≤ 1 year
€3k▼
2024 · €6k
Income taxes
€410▼
2024 · €2k
Staff costs
€604▼
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€212k€182k▼
Fixed assets21/28€36k€33k▼
Tangible fixed assets22/27€35k€32k▼
Land and buildings22€35k€31k▼
Plant, machinery and equipment23-€1k
Financial fixed assets28€1k€231▼
Current assets29/58€176k€149k▼
Amounts receivable within one year40/41€23k€2k▼
Trade receivables40€4k-
Other amounts receivable41€19k€2k▼
Cash at bank and in hand54/58€151k€144k▼
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€212k€182k▼
Equity10/15€207k€179k▼
Contributions10/11€48k€48k=
Reserves13€159k€159k=
Distributable reserves133€159k€159k=
Profit (loss) carried forward14-€-27k
Amounts payable17/49€6k€3k▼
Amounts payable within one year42/48€6k€3k▼
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Other amounts payable47/48€3k€323▼
Income statement
Code20242025
Non-recurring operating income76A€54k-
Remuneration, social security and pensions62€104k€604▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▼
Other operating charges640/8€4k€4k▲
Gross operating margin9900€113k€-18k▼
Operating profit (loss)9901€1k€-26k▼
Financial income75/76B€2k€51▼
Recurring financial income75€2k€51▼
Financial charges65/66B€657€408▼
Recurring financial charges65€657€408▼
Profit (loss) for the period before taxes9903€2k€-27k▼
Income taxes67/77€2k€410▼
Profit (loss) for the period9904€244€-27k▼
Profit (loss) for the period to be appropriated9905€244€-27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€244€-27k▼
Transfer from equity791/2€12k-
Transfer to equity691/2€244-
To other reserves6921€244-
Profit to be distributed694/7€12k-
Return on contributions (dividend)694€12k-
The notes to these accounts (9 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
18-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-12
Financial
Weakest financial yearnet €-27k ▼11270%
Net result drops to €-27k, the lowest in the series.
14-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-12
Financial
Liquidity quadruplescurrent ratio 31.05
Current ratio from 8.27 to 31.05; short-term debt falls from €24k to €6k.
05-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-12
Financial
Equity above €200kEq €218k ▲34.9%
3 profitable years in a row build equity to €218k.
07-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €80k ▲241%
Operating result €107k, net result €80k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 4.43
Current ratio from 1.77 to 4.43; short-term debt falls from €63k to €35k.
31-12
Financial
Equity above €150kEq €162k ▲81.2%
2 profitable years in a row build equity to €162k.
28-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €23k
Net result €23k after 2 loss-making years.
01-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
18-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-05
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
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, Ieper · 1 establishment unit since 1971
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.
Dikkebusseweg 328900 IeperGround area
554 m²
Building footprint
148 m²
Volume, LiDAR
996 m³
Parcel 33303E0146/00K000, Flanders · tallest building 13.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
GROENWEGHE BVBA
since 19712.006.393.035
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33303E0146/00K000 | Flanders | 554 m² | 1 · 148 m² | 13.5 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 900 EUR awarded · 900 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 900 EUR | 900 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 9,530 companies in sector 43222 we hold annual accounts for 5,661. 4,872 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-09-1971
Fiscal year end30-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.