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GRONDPADMAN

Active
Public limited companyfounded 200521 yrs activeKleimoer 1A, 9030 Gent, BelgiumKBO/BCE: BE 0873.192.218
Summary

GRONDPADMAN has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show negative equity (-€408,193) and a net result of -€70,735. Equity is shrinking by ~18.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 311 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

What they do
Retail sale of motor vehicle parts and accessories
NACE 47820NACE 45320
1 site
How big
€375,619total assets 2026
Equity
-€408,193
Loss
-€70,735
Turnover not published (abridged schema)
Financially healthy?
32 Weak Checked score 2026
Bankruptcy chance 12 m
0.8%
Who decides
Accounts 121 d early0 of 5 deeds read
Why 32- Annual accounts: weaker financial profile- Higher-failure-rate sector- Negative equity+ Long track record+ Lower-risk legal formLatest accounts filed on timeShow the evidence

Checked score

Score 2026
Axes · tick = 2025
Profitability0▼-90
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.2 against 0.32 in 2025; short-term debt: 187% and cash: 20.7% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2026
Solvency, return and age of the figures
Solvency
-108.7%
Return on assets
-18.8%
Age of the figures
6 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 21 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Negative equity
The 2026 annual accounts show negative equity and a net loss.
NBB · annual accounts 2026
Equity per financial year
1920212223242526
2019 to 2026 · latest year -€408,193
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 02-07-2026, 121 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
121 d early
2025
18 d late
2024
188 d late
2023
34 d late
2022
365 d late
2021
335 d late
2020
70 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 127 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 4 December (4 of the last 5 filed years within 155 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-03-2027 close31-10-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2026 · abbreviated…
  2. Annual accounts filedfiscal year 2025 · micro…
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Risk: Negative equityfiscal year 2026: debts exceed assets -€408,193 View
  • Caution: From profit to loss in 2026after €81,208 in 2025 -€70,735 View
  • Caution: Among the weakest 5% on solvencysector median 30.5% · 311 companies -108.7% View

By topic

Financials

Fiscal year
2026
Total assets
€375,619
Loss
-€70,735
Solvency
-108.7%
Total assets▼ 22.3%
Net result
20192026
Go to Financials

Timeline

Events
11
Since
2017
Next accounts
by 31-10-2027
  1. 02-07-2026Annual accounts filed
  2. 18-11-2025Annual accounts filed
  3. 07-05-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Retail sale of motor vehicle parts and accessoriesNACE 47820
Founded
14-04-2005
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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