GRONDBALANS
ActiveGRONDBALANS has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.20M and a net result of €389k. Equity is growing by ~24.4% per year across the filed fiscal years. Its solvency ranks better than 84% of 7692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-25
Solvency100▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €480k at 30 days acceptable
Liquidity ample (current ratio 4.3 against 3.0 in 2024; short-term debt: 22.3% and cash: 16.7% of total assets), and 24.1% 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+raises risk○neutral
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 →
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
75.9%
Return on assets
4.8%
Age of the figures
12 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
14 d early
2022
21 d early
2021
52 d early
2020
82 d early
2019
39 d early
2018
29 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€6.20M▲ 6.7%
2024 · €5.81M
2018: €1.35M
2019: €1.69M
2020: €2.21M
2021: €2.29M
2022: €2.83M
2024: €5.81M
2018 → 2025
Total assets
€8.16M▼ 8.0%
2024 · €8.87M
2018: €2.21M
2019: €3.72M
2020: €3.49M
2021: €3.77M
2022: €5.26M
2024: €8.87M
2018 → 2025
Net result
€389k▼ 86.9%
2024 · €2.98M
2018: €330k
2019: €345k
2020: €521k
2021: €524k
2022: €715k
2024: €2.98M
2018 → 2025
Working capital
€6.01M▲ 7.3%
2024 · €5.60M
2018: €917k
2019: €1.23M
2020: €1.80M
2021: €1.90M
2022: €2.42M
2024: €5.60M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220242025Trend
Equity€2.21M-€2.29M▲ 3.5%€2.83M▲ 23.5%€5.81M▲ 105%€6.20M▲ 6.7%
Operating result€722k-€589k▼ 18.4%€763k▲ 29.4%€1.23M▲ 61.8%€391k▼ 68.3%
Net result€521k-€524k▲ 0.5%€715k▲ 36.5%€2.98M▲ 317%€389k▼ 86.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 68% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.16M
Fixed assets
€330k▼ 30.3%
Current assets
€7.83M▼ 6.7%
Equity and liabilities €8.16M
Equity
€6.20M▲ 6.7%
Debt
€1.96M▼ 35.8%
The debt ratio falls from 34.5% to 24.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€534k▼
2024 · €1.43M
Cash flow
€533k▼
2024 · €3.18M
Solvency
75.9%▲
2024 · 65.5%
Current ratio
4.30▲
2024 · 3.00
Quick ratio
4.30▲
2024 · 3.00
Debt / equity
0.32▼
2024 · 0.53
ROE
6.3%▼
2024 · 51.3%
ROA
4.8%▼
2024 · 33.6%
Interest coverage
32.98▼
2024 · 35.15
Debt
€1.96M▼
2024 · €3.06M
Debt ≤ 1 year
€1.82M▼
2024 · €2.80M
Debt > 1 year
€141k▼
2024 · €263k
Income taxes
€137k▼
2024 · €366k
Staff costs
€220k▼
2024 · €373k
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€8.87M€8.16M▼
Fixed assets21/28€474k€330k▼
Tangible fixed assets22/27€474k€330k▼
Land and buildings22€0-
Plant, machinery and equipment23€72€0▼
Furniture and vehicles24€94k€71k▼
Leasing and similar rights25€380k€260k▼
Financial fixed assets28€0-
Current assets29/58€8.39M€7.83M▼
Amounts receivable within one year40/41€4.87M€6.46M▲
Trade receivables40€2.80M€1.66M▼
Other amounts receivable41€2.08M€4.80M▲
Cash at bank and in hand54/58€3.52M€1.36M▼
Deferred charges and accrued income490/1€1k€14k▲
Equity and liabilities
Total equity and liabilities10/49€8.87M€8.16M▼
Equity10/15€5.81M€6.20M▲
Contributions10/11€19k€19k=
Reserves13€5.79M€6.18M▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€0-
Distributable reserves133€5.79M€6.18M▲
Profit (loss) carried forward14€0-
Amounts payable17/49€3.06M€1.96M▼
Amounts payable after more than one year17€263k€141k▼
Financial debts170/4€263k€141k▼
Amounts payable within one year42/48€2.80M€1.82M▼
Current portion of amounts payable after more than one year42€117k€123k▲
Trade debts44€2.64M€1.67M▼
Suppliers440/4€2.64M€1.67M▼
Taxes, remuneration and social security45€41k€34k▼
Taxes450/3€4k€16k▲
Remuneration and social security454/9€37k€18k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A€96k€19k▼
Remuneration, social security and pensions62€373k€220k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€200k€144k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€50k€0▼
Other operating charges640/8€10k€5k▼
Gross operating margin9900€1.87M€760k▼
Operating profit (loss)9901€1.23M€391k▼
Financial income75/76B€2.15M€152k▼
Recurring financial income75€250k€152k▼
Non-recurring financial income76B€1.90M€0▼
Financial charges65/66B€41k€16k▼
Recurring financial charges65€41k€16k▼
Profit (loss) for the period before taxes9903€3.35M€526k▼
Income taxes67/77€366k€137k▼
Profit (loss) for the period9904€2.98M€389k▼
Transfer from tax-exempt reserves789€71k€0▼
Profit (loss) for the period to be appropriated9905€3.05M€389k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3.05M€389k▼
Transfer from equity791/2€0-
Transfer to equity691/2€3.05M€389k▼
To other reserves6921€3.05M€389k▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)90873.64.0▲
The notes to these accounts (13 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
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
16-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Highest result since 2018net €2.98M ▲317%
Operating result €1.23M, net result €2.98M, both a record.
30-09
Financial
Equity above €5MEq €5.81M ▲105%
6 profitable years in a row build equity to €5.81M.
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
10-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €2MEq €2.21M ▲30.8%
3 profitable years in a row build equity to €2.21M.
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
17-05
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
11 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, Wuustwezel · 1 establishment unit since 2006
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.
Kruisdreef 112990 WuustwezelGround area
1,061 m²
Building footprint
248 m²
Volume, LiDAR
1,228 m³
Parcel 11026E0479/00K000, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GRONDBALANS
since 20062.151.397.246
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11026E0479/00K000 | Flanders | 1,061 m² | 1 · 248 m² | 7.0 m · 2 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
2022 to 2025 · 4 entries · 10,278 EUR awarded · 9,665 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,091 EUR | 478 EUR |
| 2024 | 1 | 259 EUR | 259 EUR |
| 2023 | 1 | 4,500 EUR | 4,500 EUR |
| 2022 | 1 | 4,428 EUR | 4,428 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 8,452 companies in sector 43120 we hold annual accounts for 3,231. 508 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-08-2005
Fiscal year end30-09
Activities, NACEBEL
43120Site preparation
45112
49410Freight transport by road
38219Waste collection, recovery and disposal activities
38330Waste collection, recovery and disposal activities
42919Civil engineering
43130Specialised construction activities
43990Other specialised construction activities
43999Specialised construction activities
45242
45250
46180Agents specialised in the wholesale of other particular products
51180
90021
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.