GROEP G & S
ActiveGROEP G & S has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €6.54M and a net result of €4k. Equity is growing by ~15.8% per year across the filed fiscal years. Its solvency ranks better than 32% of 4602 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
62
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability51▼-8
Solvency53▼-1
Growth54▼-11
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €220k at 30 days acceptable
Liquidity ample (current ratio 1.91 against 1.74 in 2023; short-term debt: 42.1% and cash: 0% of total assets), but 72% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
28%
Return on assets
0%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-07-2025, 20 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
20 d early
2023
6 d late
2022
31 d late
2021
13 d early
2020
3 d early
2019
14 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€2.21M▼ 16.8%
2023 · €2.66M
2020: €1.68M
2021: €2.60M
2022: €3.00M
2023: €2.66M
2020 → 2024
EBIT margin
25.0%▼ 11.6pp
2023 · 36.6%
2020: 88.2%
2021: 54.0%
2022: 15.7%
2023: 36.6%
2020 → 2024
Net result
€4k▼ 99.2%
2023 · €467k
2018: €1.19M
2019: €473k
2020: €1.22M
2021: €2.76M
2022: €316k
2023: €467k
2018 → 2024
Working capital
€8.91M▲ 10.8%
2023 · €8.04M
2018: €3.16M
2019: €3.66M
2020: €4.57M
2021: €6.27M
2022: €6.15M
2023: €8.04M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€1.68M-€2.60M▲ 54.8%€3.00M▲ 15.4%€2.66M▼ 11.3%€2.21M▼ 16.8%
Equity€3.79M-€5.85M▲ 54.4%€6.07M▲ 3.7%€6.54M▲ 7.7%€6.54M▲ 0.1%
Operating result€1.48M-€1.40M▼ 5.2%€471k▼ 66.5%€975k▲ 107%€554k▼ 43.2%
Net result€1.22M-€2.76M▲ 126%€316k▼ 88.6%€467k▲ 47.5%€4k▼ 99.2%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 43% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €23.32M
Fixed assets
€4.58M▲ 33.6%
Current assets
€18.74M▼ 1.1%
Equity and liabilities €23.32M
Equity
€6.54M▲ 0.1%
Provisions
€47k▼ 3.1%
Debt
€16.73M▲ 5.9%
The debt ratio rises from 70.6% to 71.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€601k▼
2023 · €997k
Cash flow
€51k▼
2023 · €488k
Solvency
28.0%▼
2023 · 29.2%
Current ratio
1.91▲
2023 · 1.74
Quick ratio
0.63▼
2023 · 0.63
Debt / equity
2.56▲
2023 · 2.42
ROE
0.1%▼
2023 · 7.1%
ROA
0.0%▼
2023 · 2.1%
Interest coverage
0.86▼
2023 · 2.02
Debt
€16.73M▲
2023 · €15.80M
Debt ≤ 1 year
€9.83M▼
2023 · €10.91M
Debt > 1 year
€6.86M▲
2023 · €4.86M
Income taxes
€20k▼
2023 · €170k
Staff costs
€146k▲
2023 · €113k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€22.38M€23.32M▲
Fixed assets21/28€3.43M€4.58M▲
Tangible fixed assets22/27€1.20M€2.35M▲
Furniture and vehicles24€2k€2k▲
Leasing and similar rights25€15k€39k▲
Other tangible fixed assets26€1.18M€2.31M▲
Financial fixed assets28€2.23M€2.23M=
Affiliated companies280/1€1.88M€1.69M▼
Participating interests280€1.88M€1.69M▼
Companies linked by participating interests282/3€357k€542k▲
Participating interests282€357k€542k▲
Current assets29/58€18.95M€18.74M▼
Amounts receivable after more than one year29€190k€249k▲
Other amounts receivable291€190k€249k▲
Stocks and contracts in progress3€12.04M€12.52M▲
Stocks30/36€12.04M€12.52M▲
Property held for sale35€12.04M€12.52M▲
Amounts receivable within one year40/41€6.70M€5.94M▼
Trade receivables40€13k€823▼
Other amounts receivable41€6.69M€5.94M▼
Cash at bank and in hand54/58€7k€1k▼
Deferred charges and accrued income490/1€22k€27k▲
Equity and liabilities
Total equity and liabilities10/49€22.38M€23.32M▲
Equity10/15€6.54M€6.54M▲
Contributions10/11€125k€125k=
Capital10€125k€125k=
Issued capital100€125k€125k=
Reserves13€6.41M€6.42M▲
Non-distributable reserves130/1€13k€13k=
Legal reserve130€13k€13k=
Tax-exempt reserves132€147k€143k▼
Distributable reserves133€6.25M€6.26M▲
Provisions and deferred taxes16€49k€47k▼
Deferred taxes168€49k€47k▼
Amounts payable17/49€15.80M€16.73M▲
Amounts payable after more than one year17€4.86M€6.86M▲
Financial debts170/4€250k€987k▲
Leasing and similar obligations172€4k€24k▲
Credit institutions173€246k€963k▲
Other amounts payable178/9€4.61M€5.87M▲
Amounts payable within one year42/48€10.91M€9.83M▼
Current portion of amounts payable after more than one year42€31k€79k▲
Financial debts43€9.76M€8.71M▼
Credit institutions430/8€9.76M€8.71M▼
Trade debts44€38k€51k▲
Suppliers440/4€38k€51k▲
Taxes, remuneration and social security45€318k€136k▼
Taxes450/3€305k€127k▼
Remuneration and social security454/9€13k€9k▼
Other amounts payable47/48€764k€848k▲
Accrued charges and deferred income492/3€30k€52k▲
Income statement
Code20232024
Operating income70/76A€2.71M€2.31M▼
Turnover70€2.66M€2.21M▼
Other operating income74€26k€96k▲
Non-recurring operating income76A€25k€0▼
Operating charges60/66A€1.74M€1.76M▲
Goods for resale, raw materials and consumables60€1.36M€851k▼
Purchases600/8€7.90M€1.73M▼
Change in stocks: decrease (increase)609€-6.54M€-883k▲
Services and other goods61€225k€212k▼
Remuneration, social security and pensions62€113k€146k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€47k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0€456k▲
Other operating charges640/8€17k€45k▲
Non-recurring operating charges66A€2k€234▼
Operating profit (loss)9901€975k€554k▼
Financial income75/76B€194k€203k▲
Recurring financial income75€194k€203k▲
Income from current assets751€194k€202k▲
Other financial income752/9€2€835▲
Financial charges65/66B€534k€735k▲
Recurring financial charges65€534k€735k▲
Debt charges650€494k€700k▲
Other financial charges652/9€40k€35k▼
Profit (loss) for the period before taxes9903€636k€22k▼
Transfer from deferred taxes780€632€1k▲
Income taxes67/77€170k€20k▼
Taxes670/3€170k€20k▼
Profit (loss) for the period9904€467k€4k▼
Transfer from tax-exempt reserves789€2k€4k▲
Profit (loss) for the period to be appropriated9905€468k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€468k€8k▼
Transfer from equity791/2€0-
From reserves792€0-
Transfer to equity691/2€468k€8k▼
To other reserves6921€468k€8k▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)90871.62.0▲
The notes to these accounts (100 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €4k ▼99.2%
Net result drops to €4k, the lowest in the series.
06-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 6 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €2.76M ▲126%
Net result €2.76M, the highest in the series.
31-12
Financial
Equity above €5MEq €5.85M ▲54.4%
4 profitable years in a row build equity to €5.85M.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
11-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 42 days late
2016
12-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Anzegem · 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.
Grote Leiestraat 2018570 AnzegemGround area
2,298 m²
Building footprint
326 m²
Volume, LiDAR
1,419 m³
Parcel 34002A0381/00R002, Flanders · tallest building 11.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Grote Leiestraat 201, 8570 Anzegem
since 20012.100.451.064
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34002A0381/00R002 | Flanders | 2,298 m² | 1 · 326 m² | 11.6 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.
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Of 82,569 companies in sector 70200 we hold annual accounts for 52,577. 9,309 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded29-01-2001
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.