GRONDSTOCK

Active

Private limited companyfounded 2020active for 5 yearsZeelaan 11, 9900 Eeklo, BelgiumKBO/BCE: BE 0759.441.803

Summary

GRONDSTOCK has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €727,460. Equity is growing by about 154% per year across the filed financial years. Its solvency ranks better than 31% of 9,799 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisFollow Report Compare

GRONDSTOCKActiveChecked score 83/100

Risk analysis Report Compare

Activity

Site preparation

NACE 43120

9th largest company by total assets in Eeklo, Construction sector1 site

Size

€4.4mtotal assets 2025

Staff: 2 FTE
Equity: €1.3m
Profit: €727,460

Turnover not published (abbreviated format)Net result +254%: 12-month year

Financial health

83 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.4%

Structure

MAVOCOMDirector · permanent representative Mathias Vandevoorde

2025 accounts filed 31 days late2 of 4 deeds summarised

Why 83raises riskFounded in 2020Last filed accounts filed 31 days late; 1 of the last 3 latelowers riskSize: 2 FTE, total assets €4.4mFigures for financial year 2025 (filed 31-08-2026)Show the evidence

Checked score

Score 2025

83 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 54% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 54+16

equity 29.1% of total assets

Liquidity 27+24

short-term debt 67.8% · cash 10.4%

Profitability 89+14

return on assets 16.5%

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,613 companies, NACE 43, micro)

Last 24 months 11-2024: 1.2% 12-2024: 1.2%● unchanged vs 11-2024 01-2025: 1.9%▲ +0.7 percentage points vs 12-2024 02-2025: 1.9%● unchanged vs 01-2025 03-2025: 2.2%▲ +0.3 percentage points vs 02-2025 04-2025: 3.3%▲ +1.1 percentage points vs 03-2025highest value 05-2025: 1.9%▼ -1.4 percentage points vs 04-2025 06-2025: 1.9%● unchanged vs 05-2025 07-2025: 1.9%● unchanged vs 06-2025 08-2025: 1.9%● unchanged vs 07-2025 09-2025: 1.9%● unchanged vs 08-2025 10-2025: 1.9%● unchanged vs 09-2025 11-2025: 1.8%▼ -0.1 percentage points vs 10-2025 12-2025: 1.8%● unchanged vs 11-2025 01-2026: 1.8%● unchanged vs 12-2025 02-2026: 1.8%● unchanged vs 01-2026 03-2026: 1.8%● unchanged vs 02-2026 04-2026: 1.9%▲ +0.1 percentage points vs 03-2026 05-2026: 1.9%● unchanged vs 04-2026 06-2026: 2.1%▲ +0.2 percentage points vs 05-2026 07-2026: 2.2%▲ +0.1 percentage points vs 06-2026 08-2026: 2.8%▲ +0.6 percentage points vs 07-2026 09-2026: 0.4%▼ -2.4 percentage points vs 08-2026lowest value 10-2026: 0.4%● unchanged vs 09-2026lowest value

Credit of up to €100,000 on 30-day terms is acceptable

Liquidity tight (current ratio 1.16, compared with 0.95 in 2024, below the usual 1.5; short-term debt: 67.8% and cash: 10.4% of total assets), and 70.9% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 31% on solvency, 16% on liquidity, 75% on profitability and 93% on growth.

The bankruptcy probability was computed on 23-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.

lowers riskraises risk

Size: 2 FTE, total assets €4.4m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Founded in 2020

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Last filed accounts filed 31 days late; 1 of the last 3 late

NBB · filings

Figures for financial year 2025 (filed 31-08-2026)

NBB · annual accounts

2025 accounts filed 31 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 4 filings

Deviation from the deadline

2025

31 days late

2024

125 days early

2023

6 days early

2022

on the day

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 25 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Where today falls in the filing period

24-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

31-08-2026 Annual accounts filedfinancial year 2025 · abbreviated…
11-02-2026 Resignation: M.V.T. TRANS (director)Permanent representatives: Mathias Vandevoorde and…
31-12-2025 Highest result from 2022 to 2025net €727,460 ▲254%

Key points

Positive: Equity rose in 2025from €551,762 to €1.3m ▲ 132% View
Positive: Among the best 5% on net resultsector median €27,020 · 9,791 companies €727,460 View
One director decidessole director in office 1 View

By topic

Financials

Financial year: 2025
Total assets: €4.4m
Profit: €727,460
Solvency: 29.1%

Total assets▲ 1.2%

Net result

20222025

Go to Financials

Board & ownership

Board: 1 member

MAVOCOMDirector

Go to Board & ownership

Timeline

Events: 10
Since: 2022
Next accounts: by 31-07-2027

31-12-2025Equity above €1m
28-03-2025Annual accounts filed
31-12-2024Equity above €500,000

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Site preparationNACE 43120
Founded: 04-12-2020
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 4

See the provisions in the deeds

Go to Articles of association

Key facts about GRONDSTOCK

What is the company number of GRONDSTOCK?: 0759.441.803. In Belgium the VAT number is the company number with BE in front: BE 0759.441.803.
Where is GRONDSTOCK based?: The registered office is at Zeelaan 11, 9900 Eeklo.Company details
What does GRONDSTOCK do?: According to the KBO register, the main activity is site preparation (NACE 43120).
What is the legal form of GRONDSTOCK?: Private limited company (BV).
When was GRONDSTOCK founded?: On 04-12-2020.
Is GRONDSTOCK still active?: Yes, GRONDSTOCK is an active enterprise in the KBO register.
How many employees does GRONDSTOCK have?: On average 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of GRONDSTOCK?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is GRONDSTOCK profitable?: In financial year 2025, GRONDSTOCK made a profit of €727,460.
Where can I find the annual accounts of GRONDSTOCK?: GRONDSTOCK filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GRONDSTOCK due?: By 31-07-2027, for financial year 2026.Timeline