Turnover
The accounts state no turnover.
The accounts state no turnover.
Higher net result than 85% of companies in specialised construction. Sector median €42,638 · 2,467 companies.
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 3 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 43, micro). It does better than 47% of them on solvency, 82% on liquidity and 92% on profitability.
The bankruptcy probability was computed on 10-11-2026 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 31-12-2025.
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).
In July 2024, 3,127 companies had the same profile as Grondplatform has now. Each dot stands for 8 companies, two years later.
That fits the bankruptcy probability of Grondplatform itself: 0.3% within 12 months.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,127 companies, not a prediction for Grondplatform. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 2.31, above the usual 1.5. Short-term debt is 35.4% and cash 66.8% of total assets. However, 56.5% 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.
| Company | ||||
|---|---|---|---|---|
| Grondplatform Moorslede | €1.4m | €682,747 | 43.5% | 0 |
| G & K De Groote Sint-Laureins | €0.6m | €454,530 | 32.7% | 0 |
| BOCLAGRO Deinze | €0.7m | €274,646 | 16.1% | 0 |
| Grondwerken Bruneel Pittem | €1.3m | €440,146 | 16.2% | - |
| DAN-CO Grondwerken Maldegem | €1.4m | €337,884 | 25.1% | 0 |
| COLMAN Beveren-Kruibeke-Zwijndrecht | €0.9m | €287,811 | 23.3% | 1 |
| Grondwerken Vanslambrouck Aalter | €0.6m | €208,252 | 28.9% | 0 |
These companies have the same main activity as Grondplatform: site preparation (NACE 43120). They are comparable in size and age: total assets between €615,000 and €1.4m, founded between 2020 and 2024.
Grondplatform has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €598,059 and a net result of €498,059.
Its solvency ranks better than 51% of 2,466 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
The turnover shown is an estimate from the gross margin.
Turnover ≈ €1.9m. Estimated: probably between €1.5m and €2.6m.
Higher than 51% of 2,466 companies in 2025.
Higher than 68% of 2,439 companies in 2025.
Higher than 95% of 2,457 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: bottom quarter
| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
1.4m | |
21/28 |
250,502 | |
21 |
29,785 | |
22/27 |
220,717 | |
23 |
217,851 | |
24 |
2,866 | |
29/58 |
1.1m | |
40/41 |
190,354 | |
40 |
190,354 | |
54/58 |
917,743 | |
490/1 |
16,057 | |
| Balance sheet: equity and liabilities | ||
10/49 |
1.4m | |
10/15 |
598,059 | |
10/11 |
100,000 | |
10 |
100,000 | |
100 |
400,000 | |
101 |
300,000 | |
13 |
498,059 | |
130/1 |
13,000 | |
130 |
13,000 | |
132 |
252,600 | |
133 |
232,459 | |
16 |
12,517 | |
160/5 |
12,517 | |
164/5 |
12,517 | |
17/49 |
764,080 | |
42/48 |
486,274 | |
44 |
289,368 | |
440/4 |
289,368 | |
45 |
196,812 | |
450/3 |
196,812 | |
47/48 |
94 | |
492/3 |
277,806 | |
| Income statement | ||
9900 |
682,747 | |
630 |
12,309 | |
635/8 |
12,517 | |
640/8 |
1,565 | |
66A |
493 | |
9901 |
655,863 | |
75/76B |
1,035 | |
75 |
1,035 | |
65/66B |
8,528 | |
65 |
8,528 | |
9903 |
648,370 | |
67/77 |
150,310 | |
9904 |
498,059 | |
689 |
252,600 | |
9905 |
245,459 | |
| Appropriation of the result | ||
9906 |
245,459 | |
691/2 |
245,459 | |
6920 |
13,000 | |
6921 |
232,459 | |
| Social balance sheet | ||
9087 |
0 | |
| Document | ||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-09-2026.
2025 annual accounts filed 61 days after the deadline. Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00541571.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 30-09-2026 | 2026-00541571 |
| Line | Trend | 2025 |
|---|---|---|
| 668,172 | ||
| 510,368 | ||
| 262,811 | ||
| 637,880 | ||
| 43.5% | ||
| 2.31 | ||
| 1.28 | ||
| 83.3% | ||
| 36.2% | ||
| 78.35 |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 |
|---|---|
| Tangible fixed assets | €233,026 |
| Intangible fixed assets | €29,785 |
| €12,309 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Debt's share of the balance-sheet total is 55.6%.
Source: lists of holdings in the owners' accounts
Grondplatform has no parent and no holdings in its annual accounts.
| ERITAM
registered office since 01-07-2004 · founded in 2004 |
5.4 FTE (2025) 0866.216.730 |
| O.D.M.
registered office since 01-07-2004 · founded in 2004 |
3.1 FTE (2025) 0866.212.770 |
| Transport Demets
registered office since 01-05-1966 · founded in 1968 |
23 FTE (2025) 0405.554.030 |
| GADEMO
registered office since 01-07-2004 · founded in 2004 |
total assets €6.6m (2025) 0866.214.255 |
| GRONDRECYCLAGEPLATFORM GENT via ERITAM, no longer at GRONDRECYCLAGEPLATFORM GENT · Director · deed of 20-12-2019 founded in 2019 |
total assets €1.8m (2025) |
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Roeselaarsestraat 179 registered office 8890 Moorslede | 01-07-2024 | 2.361.391.259 |
| Maïslaan 8 8800 Roeselare | 02-04-2025 | 2.374.130.329 |
| 20-02-2025 | Granted | Het reliëf van de bodem aanmerkelijk wijzigen; Nieuwbouw of aanleggen submitted 04-09-2024 · project 2024079977 | Provincie West-Vlaanderen |
Source: Omgevingsloket Vlaanderen.
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 36502B1748/00B002 | 1.2 ha | - | - |
| 36012A0461/00D000 | 141 m² | 1 · 295 m² | 14.0 m · 3 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1010.985.666
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