Turnover
≈ €340,000 estimated
The micro format states no turnover.
Grondwerken Daem
Lifetime
2 annual accounts with figures on one time axispeak €81,974 (2025)
€81,974▲ 720%
peak €33,876 (2025)
€33,876▲ 832%
peak €62,512 (2025)
€62,512▲ 118%
€66,606▲ 20.8%
Board1 name since 2024
1 director
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Gross margin from €9,995 to €81,974Result from €3,636 to €33,876Equity from €28,636 to €62,512Debts from €55,159 to €66,606Investments €20,898Cash from €1,653 to €13,362
Key points
from the 2025 annual accountsInvestments
€23,877 2.6 × depreciation
Green is investment, beige is depreciation. Machinery stands 24.9% higher than in 2024.
Starting capital
€25,000 250 shares
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 39,274 companies had the same profile as Grondwerken Daem has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 39,274 companies, not a prediction for Grondwerken Daem. 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.
Credit verdict
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
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1006379255
Incorporation
Founding capital of €25,000, 250 shares · Founder: · Appointment: (director) · published on 27-02-2024 · Gazette deed
First establishment
Nerumstraat 7, Lede
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Grondwerken Daem Lede | €129,118 | €81,974 | 48.4% | - |
| CIHANGIR Ghent | €118,209 | €78,053 | 51.4% | - |
| G&G BOUWVAKKERS Nazareth-De Pinte | €117,493 | €79,609 | 41.0% | - |
| THERE PUMPING Herzele | €111,434 | €71,596 | 66.7% | - |
| EME GROUP Genk | €124,727 | €89,889 | 76.6% | - |
| PHILIPPE DROSSARD Verviers | €145,733 | €90,629 | 39.0% | - |
| Smart Home Concept Wavre | €135,131 | €107,080 | 21.3% | 1.2 |
These companies have the same main activity as Grondwerken Daem: site preparation (NACE 43120). They are comparable in size and age: total assets between €111,000 and €146,000, founded in 2024.
Official details
Source: KBO- Status
- Active since 23-02-2024Normal situation
- Activity
- Site preparationNACE 43120and 4 others
- Establishment unit
- 2.356.150.1909340 Lede, since 23-02-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 20-03-2024
Annual accounts 2025
- €129,118▲ 54.1%
- Employeeson 31-12-2025
- 1
- Filing
- Filed on 30-06-2026, 31 days before the end of the filing period
Insights on Grondwerken Daem
The 2025 annual accounts show equity of €62,512 and a net result of €33,876. Its solvency ranks better than 52% of 37,177 sector peers (NACE 43, financial year 2025).
The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Grondwerken Daem
- What is the company number of Grondwerken Daem?
- The company number of Grondwerken Daem is 1006.379.255. The VAT number is the same number with BE in front: BE 1006.379.255.
- Where is Grondwerken Daem based?
- The registered office is at Nerumstraat 7, 9340 Lede.Company details
- What does Grondwerken Daem do?
- According to the KBO register, the main activity is site preparation (NACE 43120).
- What is the legal form of Grondwerken Daem?
- Grondwerken Daem is a private limited company (BV).
- When was Grondwerken Daem founded?
- Grondwerken Daem was founded on 23-02-2024.
- Is Grondwerken Daem still active?
- Yes, Grondwerken Daem is an active enterprise in the KBO register.
- How many employees does Grondwerken Daem have?
- Grondwerken Daem had an average of 0.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Grondwerken Daem?
- The turnover in financial year 2025 is ≈ €340,000. This figure is estimated from the gross margin of €81,974 and 34 comparable companies (NACE 431). It probably lies between €250,000 and €590,000.
- Is Grondwerken Daem profitable?
- In financial year 2025, Grondwerken Daem made a profit of €33,876.
- Where can I find the annual accounts of Grondwerken Daem?
- Grondwerken Daem filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Grondwerken Daem due?
- Grondwerken Daem must file the annual accounts for financial year 2026 by 31-07-2027.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.