Financials
- Financial year
- 2024
- Turnover
- €14.6m
- Profit
- €254,614
- Solvency
- 18.3%
GRONDWERKEN DE MOL
ActiveSummary
GRONDWERKEN DE MOL has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.8m and a net result of €254,614. Equity is growing by about 7.4% per year across the filed financial years. Its solvency ranks better than 20% of 3,534 sector peers (NACE 43, financial year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Overview
Activity
Site preparation
NACE 43120
3rd largest employer in Lochristi, Construction sector1 site
Size
€14.6mturnover 2024
- Staff
- 32.6 FTE
- Equity
- €1.8m
- Profit
- €254,614
Structure
- Holdings
- 1
Auditor: BV Audit WaaslandAccounts 75 days overdue1 of 8 deeds read
Why 54raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 07-10-2025)1 financial year not filed after the legal deadline; latest accounts 61 days late; 1 of the last 3 latelowers riskFounded in 2000Liquidity: current ratio 1.07, cash €1.7mShow the evidence
Checked score
Score 2024
54
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 28% of its sector peers (NACE 43, small)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Average
Solvency
43-6
equity 18.3% of total assets
Liquidity
34+1
short-term debt 71.1% · cash 17.6%
Profitability
62-12
return on assets 2.6%
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%lowest value
12-2024: 0.2%● unchanged vs 11-2024lowest value
01-2025: 0.2%● unchanged vs 12-2024lowest value
02-2025: 0.2%● unchanged vs 01-2025lowest value
03-2025: 0.2%● unchanged vs 02-2025lowest value
04-2025: 0.3%▲ +0.1 percentage points vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025
08-2025: 0.7%▲ +0.3 percentage points vs 07-2025
09-2025: 0.8%▲ +0.1 percentage points vs 08-2025
10-2025: 1.2%▲ +0.4 percentage points vs 09-2025highest value
11-2025: 0.5%▼ -0.7 percentage points vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026
08-2026: 0.8%▲ +0.3 percentage points vs 07-2026
09-2026: 0.9%▲ +0.1 percentage points vs 08-2026
10-2026: 1.2%▲ +0.3 percentage points vs 09-2026
Credit of up to €95,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity tight (current ratio 1.07, compared with 1.45 in 2023, below the usual 1.5; short-term debt: 71.1% and cash: 17.6% of total assets), and 81.7% 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, small): better than 19% on solvency, 29% on liquidity, 31% on profitability and 31% on growth.
The bankruptcy probability was computed on 13-10-2026 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).
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Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 3534 sector peers (2024).
NBB · sector comparisonPosition among 3534 sector peers
Solvency
better than 20%
← weakest
strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 75 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline14-10-2026 today
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
61 days late
2023
2 days early
2022
11 days early
2021
24 days early
2020
25 days early
2019
14 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 3 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 (1)
- Appointment: BV Audit Waasland (statutory auditor)Permanent representative: Simon De Guchtenaere
- Annual accounts filedfinancial year 2024 · full…
- Annual accounts filedfinancial year 2023 · abbreviated…
Key points
- Positive: 3rd largest employer in Lochristi, Construction sectorin the Checked rankings No. 3 View
- Caution: Accounts not fileddeadline was 31-07-2026 75 days late View
- Positive: 7 profitable years in a rowprofit 2024: €254,614 7 years View
- Positive: Staff rose in 2024from 25.3 FTE to 32.6 FTE ▲ 28.9% View
By topic
Board & ownership
- Auditor
- BV Audit Waasland
Network & group
- Holdings
- 1
1 holding
Timeline
- Events
- 26
- Since
- 2002
- 20-07-2023Annual accounts filed
- 07-07-2022Annual accounts filed
- 06-07-2021Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Site preparationNACE 43120
- Founded
- 05-09-2000
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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