Summary
GROEP DF is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.6m and a net result of €375,917. Equity is growing by ~17.5% per year across the filed fiscal years. Its solvency ranks better than 69% of 5651 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
What stands out
Overview
0 of 3 deeds readAccounts 14 d earlyTurnover not published (abridged schema)Financial institution: outside the modelProbability: sector outside the model
SignalsLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
3 d early
2023
8 d early
2022
30 d late
2021
18 d late
2020
30 d late
2019
24 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 11 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
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. Usually files around 28 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Highest result since 2018net €375,917 ▲261%
- Liquidity times 22current ratio 13.40
Financials
Fiscal year 2025Total assets €2.2mProfit €375,917Solvency 71.9%Liquidity 13.40
Total assets
€2.2m▲ 13.5%
2018 - 2025
Net result
€375,917▲ 261%
2018 - 2025
Equity
€1.6m▲ 30.7%
2018 - 2025
Solvency
71.9%▲ 9.5pp
2018 - 2025
Financials · fiscal year 2025, abbreviated schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€0.2m▲ 31.2%€0.3m▲ 48.4%€0.2m▼ 23.2%€0.2m▼ 8.9%€0.2m▼ 16.7%
Net result€0.1mwithin the sector's middle half▲ 36.6%€0.2mabove the sector's middle half▲ 52.9%€0.1mwithin the sector's middle half▼ 32.4%€0.1mwithin the sector's middle half▼ 18.9%€0.4mabove the sector's middle half▲ 261%
Equity€0.8mwithin the sector's middle half▲ 18.4%€1.0mwithin the sector's middle half▲ 23.7%€1.1mwithin the sector's middle half▲ 13.0%€1.2mwithin the sector's middle half▲ 9.3%€1.6mwithin the sector's middle half▲ 30.7%
Total assets€1.9mwithin the sector's middle half▲ 1.4%€1.9mwithin the sector's middle half▼ 1.3%€1.9mwithin the sector's middle half▲ 2.7%€2.0mwithin the sector's middle half▲ 1.1%€2.2mwithin the sector's middle half▲ 13.5%
Debt€1.1m▼ 8.1%€0.9m▼ 19.4%€0.8m▼ 8.7%€0.7m▼ 10.1%€0.6m▼ 15.2%
Working capital-€0.2mbelow the sector's middle half▲ 9.1%-€0.1mwithin the sector's middle half▲ 42.1%-€0.08mwithin the sector's middle half▲ 29.7%-€0.05mwithin the sector's middle half▲ 39.7%€1.7mabove the sector's middle half
Solvency41.9%within the sector's middle half▲ 6.0pp52.5%within the sector's middle half▲ 10.6pp57.8%within the sector's middle half▲ 5.3pp62.5%within the sector's middle half▲ 4.7pp71.9%within the sector's middle half▲ 9.5pp
Current ratio0.14below the sector's middle half▲ 0.090.01below the sector's middle half▼ 0.130.40within the sector's middle half▲ 0.390.61within the sector's middle half▲ 0.2113.40above the sector's middle half▲ 12.79
Return on assets (ROA)6.5%within the sector's middle half▲ 1.7pp10.1%within the sector's middle half▲ 3.6pp6.6%within the sector's middle half▼ 3.4pp5.3%within the sector's middle half▼ 1.3pp16.9%above the sector's middle half▲ 11.6pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 17% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.2m
Fixed assets
€375,422 ▼ 80.0%
Current assets
€1.8m ▲ 2,299%
Equity and liabilities €2.2m
Equity
€1.6m ▲ 30.7%
Debt
€623,794 ▼ 15.2%
Debt's share of the balance-sheet total falls from 37.5% to 28.1%. Equity is higher and debt is lower.
Key figures and ratios
Key figures and ratios
ROE
23.5%▲
2024 · 8.5%
Debt ≤ 1 year
€137,863▲
2024 · €125,547
Debt > 1 year
€467,106▼
2024 · €593,550
Income taxes
€71,051▲
2024 · €48,784
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €113 | €663 | €2,149 | €2,149 | €3,354 | ▲ 56.1% |
| Other operating charges640/8 | €1,199 | €1,120 | €1,226 | €1,108 | €1,143 | ▲ 3.1% |
| Gross operating margin9900 | €179,800 | €266,661 | €206,819 | €188,502 | €158,872 | ▼ 15.7% |
| Operating profit (loss)9901 | €178,488 | €264,878 | €203,443 | €185,246 | €154,375 | ▼ 16.7% |
| Financial income75/76B | - | - | - | - | €320,294 | - |
| Recurring financial income75 | - | - | - | - | €320,294 | - |
| Financial charges65/66B | €13,290 | €12,156 | €14,790 | €32,319 | €27,701 | ▼ 14.3% |
| Recurring financial charges65 | €13,290 | €12,156 | €14,790 | €32,319 | €27,701 | ▼ 14.3% |
| Profit (loss) for the period before taxes9903 | €165,197 | €252,722 | €188,653 | €152,926 | €446,968 | ▲ 192% |
| Income taxes67/77 | €40,989 | €62,767 | €60,284 | €48,784 | €71,051 | ▲ 45.6% |
| Profit (loss) for the period9904 | €124,208 | €189,955 | €128,369 | €104,142 | €375,917 | ▲ 261% |
| Profit (loss) for the period to be appropriated9905 | €124,208 | €189,955 | €128,369 | €104,142 | €375,917 | ▲ 261% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.9m | €1.9m | €1.9m | €2.0m | €2.2m | ▲ 13.5% |
| Fixed assets21/28 | €1.9m | €1.9m | €1.9m | €1.9m | €0.4m | ▼ 80.0% |
| Tangible fixed assets22/27 | €0.005m | €0.01m | €0.009m | €0.006m | €0.04m | ▲ 445% |
| Land and buildings22 | €0.005m | €0.004m | €0.004m | €0.003m | €0.02m | ▲ 584% |
| Furniture and vehicles24 | - | €0.006m | €0.005m | €0.003m | €0.01m | ▲ 297% |
| Financial fixed assets28 | €1.9m | €1.9m | €1.9m | €1.9m | €0.3m | ▼ 81.9% |
| Current assets29/58 | €0.03m | €0.001m | €0.05m | €0.08m | €1.8m | ▲ 2,299% |
| Amounts receivable after more than one year29 | - | - | - | - | €0.1m | - |
| Other amounts receivable291 | - | - | - | - | €0.1m | - |
| Amounts receivable within one year40/41 | - | - | - | €0.07m | €0.001m | ▼ 98.5% |
| Trade receivables40 | - | - | - | €0.07m | - | - |
| Other amounts receivable41 | - | - | - | - | €0.001m | - |
| Current investments50/53 | - | - | - | - | €1.7m | - |
| Cash at bank and in hand54/58 | €0.03m | €0.001m | €0.05m | €0.007m | €0.008m | ▲ 12.7% |
| Deferred charges and accrued income490/1 | - | - | - | - | €0.004m | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.9m | €1.9m | €1.9m | €2.0m | €2.2m | ▲ 13.5% |
| Equity10/15 | €0.8m | €1.0m | €1.1m | €1.2m | €1.6m | ▲ 30.7% |
| Contributions10/11 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Reserves13 | €0.6m | €0.8m | €0.9m | €1.0m | €1.4m | ▲ 36.7% |
| Non-distributable reserves130/1 | €0.02m | €0.02m | - | - | - | - |
| Reserves not available under the articles1311 | €0.02m | €0.02m | - | - | - | - |
| Distributable reserves133 | €0.6m | €0.8m | €0.9m | €1.0m | €1.4m | ▲ 36.7% |
| Amounts payable17/49 | €1.1m | €0.9m | €0.8m | €0.7m | €0.6m | ▼ 15.2% |
| Amounts payable after more than one year17 | €0.9m | €0.8m | €0.7m | €0.6m | €0.5m | ▼ 21.3% |
| Financial debts170/4 | €0.9m | €0.8m | €0.7m | €0.6m | €0.5m | ▼ 21.3% |
| Amounts payable within one year42/48 | €0.2m | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 9.8% |
| Current portion of amounts payable after more than one year42 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 2.2% |
| Trade debts44 | €333 | €345 | €0.002m | €0.001m | €0.001m | ▼ 59.4% |
| Suppliers440/4 | €333 | €345 | €0.002m | €0.001m | €0.001m | ▼ 59.4% |
| Taxes, remuneration and social security45 | €0.003m | €0.005m | €0.02m | €0.02m | €0.03m | ▲ 45.8% |
| Taxes450/3 | €0.003m | €0.005m | €0.02m | €0.02m | €0.03m | ▲ 45.8% |
| Other amounts payable47/48 | €0.1m | - | - | - | - | - |
| Accrued charges and deferred income492/3 | €0.004m | €0.004m | €0.01m | €0.02m | €0.02m | ▲ 16.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.1m | €0.2m | €0.1m | €0.1m | €0.4m | ▲ 261% |
| + Depreciation and write-downs630 | €113 | €0.001m | €0.002m | €0.002m | €0.003m | ▲ 56.1% |
| Operating cash flow (approximation) | €0.1m | €0.2m | €0.1m | €0.1m | €0.4m | ▲ 257% |
| Investment in fixed assets (approximation) | - | -€0.007m | €0 | €0 | €1.5m | - |
| Change in cash | - | -€0.03m | €0.05m | -€0.05m | €0.001m | ▲ 102% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
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MARTIN EN CO
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Of 24,721 companies in this sector we hold annual accounts for 19,804. 11,582 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Board & ownership
1 holding
Directors
Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the 2025 annual accounts of GROEP DF and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No directors read yet: 0 of 3 Gazette acts processed.
Timeline
15 eventsLatest 17-07-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €375,917 ▲261%
Net result €375,917, the highest in the series.
31-12
Financial
Liquidity times 22current ratio 13.40
Current ratio from 0.61 to 13.40.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €1mEq €1.1m ▲13%
6 profitable years in a row build equity to €1.1m.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 18 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 24 days late
2019
31-12
Financial
Weakest financial yearnet €85,793 ▼8.2%
Net result drops to €85,793, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €500,000Eq €585,635 ▲17.2%
2 profitable years in a row build equity to €585,635.
Show earlier events
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Company details
Private limited company · founded 04-12-2014Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded04-12-2014
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0505929729
Also
9925:BE0505929729
Registered
05-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2015
Ground area
551 m²
Building footprint
104 m²
Volume, LiDAR
495 m³
Parcel 44017B0417/00K000, Flanders · tallest building 10.3 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
GROEP DF
since 2015unit no. 2.238.681.311
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44017B0417/00K000 | Flanders | 551 m² | 1 · 104 m² | 10.3 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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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