Skip to content

GRONDBALANS

Active
Private limited companyfounded 2005active for 21 yearsKruisdreef 11, 2990 Wuustwezel, BelgiumKBO/BCE: BE 0875.403.323
Summary

GRONDBALANS has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.2m and a net result of €389,181. Equity has been growing by about 24% per year since 2018. Its solvency ranks better than 84% of 9,895 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
GRONDBALANSActiveChecked score 95/100
Risk analysis ReportCompare

Overview

Official details

Source: KBO
Status
Active since 03-08-2005 Normal situation
Activity
Site preparation NACE 43120and 6 others
Joint committees
124 Paritair Comité voor het bouwbedrijf
140 Paritair Comité voor het vervoer en de logistiek
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 30-09-2025
Establishment unit
2.151.397.246 2990 Wuustwezel, since 01-02-2006
Financial year end
30 September
Peppol
Reachable since 03-07-2025
Company details

Board and ownership

Board
  • Elmi AdviesbureauDirector · since 03-08-2018 · permanent representative VAN DEN HEUVEL Paul Maria Adriaan
  • VR-MDirector · since 03-08-2018 · permanent representative VAN ROEY Christof Albert Irma
  • VAN DEN HEUVEL MichielDirector · since 21-08-2019
Auditor
KPMG Bedrijfsrevisoren BV/SRL
Shareholders
Board & ownership

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 30-09-2025
Gross margin
€759,549
▼ 59.3%
Turnover
≈ €2.1m
estimated
Profit
€389,181
▼ 86.9%
Equity
€6.2m
▲ 6.7%
Total assets
€8.2m
▼ 8.0%
Employees on 30-09-2025
4
=
Net result -87%: 12-month year
Financials
Score breakdownlowers riskSize: 4 FTE, total assets €8.2mFounded in 2005Liquidity: current ratio 4.30, cash €1.4m, halvedEquity €6.2m (75.9% of total assets)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 62% of micro companies in specialised construction (NACE 43)
Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Strong
Solvency 100+9
equity 75.9% of total assets
Liquidity 63-23
short-term debt 22.3% · cash 16.7%
Profitability 75-25
return on assets 4.8%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.9%▲ +0.5 percentage points vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025highest value 04-2025: 0.8%▼ -0.1 percentage points vs 03-2025 05-2025: < 0.1%▼ -0.8 percentage points vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: 0.1%▲ +0.1 percentage points vs 04-2026 06-2026: < 0.1%▼ -0.1 percentage points vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €550,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.3 (3.0 in 2024), above the usual 1.5. Short-term debt is 22.3% and cash 16.7% of total assets. 24.1% of the assets are financed with debt and provisions.
Calculation

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 43, micro). It does better than 90% of them on solvency, 61% on liquidity, 48% on profitability and 50% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

Credit check for an amount and term of your choice

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.

Signals

Five signals.
lowers riskneutral
lowers risk · Size: 4 FTE, total assets €8.2m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2005
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 4.30, cash €1.4m, halved
NBB · annual accounts
lowers risk · Equity €6.2m (75.9% of total assets)
NBB · annual accounts
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 filings
Deviation from the deadline
2025
on the day
2024
14 days early
2022
21 days early
2021
52 days early
2020
82 days early
2019
39 days early
2018
29 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 26 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end02-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 95% of companies in specialised constructionsector median €26,848 · 9,887 companies €389,181 View
  • Result fell in 202512-month financial year ▼ 86.9% View
  • Positive: 7 profitable years in a rowprofit 2025: €389,181 7 years View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 6 years View

Recent changes

  1. · Gazette deed Permanent representatives: Johan Van Mieghem and Bart Dauwen
  2. · Gazette deed Resignation: Moore Audit BV (statutory auditor)Appointment: KPMG Bedrijfsrevisoren BV/SRL (statutory auditor) · Permanent representatives: Ellemarie Bex, Tim Vermeiren and Paul Van Den Heuvel
  3. · Gazette deed Appointments: ELMI ADVIESBUREAU, VR-M and 2 othersPermanent representatives: VAN DEN HEUVEL Paul Maria Adriaan and VAN ROEY Christof Albert Irma
All 17 events

Companies linked to GRONDBALANS

Comparable companies

These companies have the same main activity as GRONDBALANS: site preparation (NACE 43120). They are comparable in size and age: total assets between €3.9m and €13m, founded between 2005 and 2011.

CompanyTotal assetsGross margin
GRONDBALANS Wuustwezel€8.2m€0.8m
DERYCKERE-D'HONDT Moorslede€5.5m€0.9m
SODEWA Braine-l'Alleud€8.2m€1.5m
RYCKEWAERT Koekelare€4.7m€1.2m
LOONWERK MARRANNES Koksijde€5.3m€1.3m
OPDEEROY INVEST Sint-Niklaas€13.0m€1.0m
Algemene Onderneming De Braeve Lendelede€3.9m€0.7m
Full comparison

Key facts about GRONDBALANS
What is the company number of GRONDBALANS?
The company number of GRONDBALANS is 0875.403.323. The VAT number is the same number with BE in front: BE 0875.403.323.
Where is GRONDBALANS based?
The registered office is at Kruisdreef 11, 2990 Wuustwezel.Company details
What does GRONDBALANS do?
According to the KBO register, the main activity is site preparation (NACE 43120).
What is the legal form of GRONDBALANS?
The legal form of GRONDBALANS is Private limited company (BV).
When was GRONDBALANS founded?
GRONDBALANS was founded on 03-08-2005.
Is GRONDBALANS still active?
Yes, GRONDBALANS is an active enterprise in the KBO register.
How many employees does GRONDBALANS have?
GRONDBALANS had an average of 4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does GRONDBALANS fall under?
In its 30-09-2025 annual accounts, GRONDBALANS states joint committees 124 (Paritair Comité voor het bouwbedrijf), 140 (Paritair Comité voor het vervoer en de logistiek) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of GRONDBALANS?
The turnover in financial year 2025 is ≈ €2.1m. This figure is estimated from the gross margin of €759,549 and 145 comparable companies (NACE 43). It probably lies between €1.6m and €2.9m.
Is GRONDBALANS profitable?
In financial year 2025, GRONDBALANS made a profit of €389,181.
Where can I find the annual accounts of GRONDBALANS?
GRONDBALANS filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GRONDBALANS due?
GRONDBALANS must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure