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GRONDWERKEN GROAP

Active
Private limited companyfounded 2020active for 6 yearsBarisdamstraat 45, 8610 Kortemark, BelgiumKBO/BCE: BE 0754.478.173
Summary

GRONDWERKEN GROAP has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €51,797 and a net result of €3,189. Equity has been growing by about 25% per year since 2021. Its solvency ranks better than 18% of 34,946 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Official details

Source: KBO
Status
Active since 16-09-2020 Normal situation
Activity
Site preparation NACE 43120and 1 other
Establishment unit
2.308.382.343 8610 Kortemark, since 16-09-2020
Financial year end
31 December
Peppol
Reachable since 03-06-2025

Board and ownership

Board
  • Arens PieterDirector

Financial position

68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Annual accounts 2025
Gross margin
€73,982
▲ 13.7%
Turnover
≈ €290,000
estimated
Profit
€3,189
▼ 66.8%
Equity
€51,797
▲ 6.6%
Total assets
€334,547
▲ 57.6%
Score breakdownraises riskFounded in 2020Sector: Specialised construction activities (NACE 43)Equity €51,797 (15.5% of total assets)lowers riskSize: total assets €334,547Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 36% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency 40-8
equity 15.5% of total assets
Liquidity 48+7
short-term debt 40.7% · cash 13.8%
Profitability 70-4
return on assets 1.0%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 1.1% 01-2025: 1.1%● unchanged vs 12-2024 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 1.1%● unchanged vs 02-2025 04-2025: 1.2%▲ +0.1 percentage points vs 03-2025 05-2025: 1.3%▲ +0.1 percentage points vs 04-2025 06-2025: 1.4%▲ +0.1 percentage points vs 05-2025 07-2025: 1.4%● unchanged vs 06-2025 08-2025: 1.5%▲ +0.1 percentage points vs 07-2025 09-2025: 1.5%● unchanged vs 08-2025 10-2025: 1.5%● unchanged vs 09-2025 11-2025: 1.5%● unchanged vs 10-2025 12-2025: 1.5%● unchanged vs 11-2025 01-2026: 1.4%▼ -0.1 percentage points vs 12-2025 02-2026: 1.4%● unchanged vs 01-2026 03-2026: 1.4%● unchanged vs 02-2026 04-2026: 1.6%▲ +0.2 percentage points vs 03-2026highest value 05-2026: 1.6%● unchanged vs 04-2026 06-2026: 1.5%▼ -0.1 percentage points vs 05-2026 07-2026: 0.7%▼ -0.8 percentage points vs 06-2026lowest value 08-2026: 0.7%● unchanged vs 07-2026 09-2026: 0.7%● unchanged vs 08-2026 10-2026: 0.7%● unchanged vs 09-2026 11-2026: 0.7%● unchanged vs 10-2026
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.86 (0.91 in 2024), below 1. Short-term debt is 40.7% and cash 13.8% of total assets. 84.5% of the assets are financed with debt and provisions.
Calculation

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 18% of them on solvency, 39% on liquidity, 37% on profitability and 49% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €334,547
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Founded in 2020
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Equity €51,797 (15.5% of total assets)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 34946 sector peers (2025).
NBB · sector comparison
Position among 34946 sector peers
Solvency
better than 18%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
31 days early
2024
20 days early
2023
34 days early
2022
5 days early
2021
2 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 18 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · 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. The company usually files around 11 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower solvency than 81% of companies in specialised constructionsector median 46.7% · 34,946 companies 15.5% View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View
  • Positive: 5 profitable years in a rowprofit 2025: €3,189 5 years View

Recent changes

  1. · Gazette deed Incorporation
All 7 events

Comparable companies

These companies have the same main activity as GRONDWERKEN GROAP: site preparation (NACE 43120). They are comparable in size and age: total assets between €315,000 and €385,000, founded between 2019 and 2021.

CompanyTotal assetsGross margin
GRONDWERKEN GROAP Kortemark€334,547€73,982
BARBAY XAVIER Hannut€341,188€79,938
HAUDECAGRI Le Roeulx€315,733€85,633
BREVO Wuustwezel€384,915€78,551
M & S HENDRICK Vielsalm€332,643€84,694
CLAES JO Genk€353,257€76,589
DRAKON Evergem€315,103€70,348
Full comparison

Key facts about GRONDWERKEN GROAP

What is the company number of GRONDWERKEN GROAP?
The company number of GRONDWERKEN GROAP is 0754.478.173. The VAT number is the same number with BE in front: BE 0754.478.173.
Where is GRONDWERKEN GROAP based?
The registered office is at Barisdamstraat 45, 8610 Kortemark.Company details
What does GRONDWERKEN GROAP do?
According to the KBO register, the main activity is site preparation (NACE 43120).
What is the legal form of GRONDWERKEN GROAP?
The legal form of GRONDWERKEN GROAP is Private limited company (BV).
When was GRONDWERKEN GROAP founded?
GRONDWERKEN GROAP was founded on 16-09-2020.
Is GRONDWERKEN GROAP still active?
Yes, GRONDWERKEN GROAP is an active enterprise in the KBO register.
What is the turnover of GRONDWERKEN GROAP?
The turnover in financial year 2025 is ≈ €290,000. This figure is estimated from the gross margin of €73,982 and 34 comparable companies (NACE 431). It probably lies between €220,000 and €480,000.Financials
Is GRONDWERKEN GROAP profitable?
In financial year 2025, GRONDWERKEN GROAP made a profit of €3,189.
Where can I find the annual accounts of GRONDWERKEN GROAP?
GRONDWERKEN GROAP filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GRONDWERKEN GROAP due?
GRONDWERKEN GROAP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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