Result
From profit to loss in 2026, after a profit of €23,505 in 2025.
From profit to loss in 2026, after a profit of €23,505 in 2025.
Short-term debts rose from €17,696 to €1.2m.
The last five annual accounts were filed 0 to 8 days before the end of the period.
Subsidiary with negative equity. FASE 3 · loss of €4,753 in 2025.
Lower net result than 95% of companies in architecture and engineering. Sector median €20,692 · 393 companies.
The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro). It does better than 20% of them on solvency, 4% on liquidity, 12% on profitability and 22% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-03-2026.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Liquidity is insufficient, with a current ratio of 0.04 (8.59 in 2025), below 1. Short-term debt is 82.8% and cash 1.3% of total assets. 82.8% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 4 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Shares in 2 companies, FASE 3 and Vestad
Board & ownership| Company | ||||
|---|---|---|---|---|
| Groep VE Lille | €1.5m | -€48,606 | 17.2% | - |
| ATELIER D'ARCHITECTURE CARRE 7 La Louvière | €1.0m | -€3,105 | 62.3% | - |
| MoZo architecten Zaventem | €1.0m | -€5,882 | 46.3% | - |
| WEDOME Seraing | €2.3m | -€50,528 | -13.6% | 0.8 |
| Real Invest Waasmunster | €2.5m | -€91,559 | 12.5% | 0 |
| ARCHITECTHUUR Brussels | €0.9m | -€34,050 | -37.9% | 0 |
| OLIVIER DWEK ARCHITECTURES + PARTNERS Sint-Gillis (bij-Brussel) | €0.8m | -€2,080 | 32.0% | - |
These companies have the same main activity as Groep VE: activities of building architects (NACE 71111). They are comparable in size and age: total assets between €796,000 and €2.5m, founded between 2015 and 2019.
Groep VE files the micro format. That format states no turnover. The gross margin fell from €162,258 in 2018 to -€48,606 in 2026.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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