Grondwerken Gybels G
ActiveSummary
The computed 12-month bankruptcy probability of Grondwerken Gybels G is 2.5% (moderate). The 2025 annual accounts show equity of €9k and a net result of €2k. Equity is growing by ~17.2% per year across the filed fiscal years. Its solvency ranks better than 26% of 27786 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▲+6
Solvency50▲+9
Growth52=
Track record94
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
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. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
31 d late
2024
8 d late
2023
1 d early
2022
61 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€9k▲ 26.9%
2024 · €7k
2022: €5k
2023: €7k
2024: €7k
2022 → 2025
Total assets
€37k▼ 20.0%
2024 · €46k
2022: €29k
2023: €21k
2024: €46k
2022 → 2025
Net result
€2k▲ 10,233%
2024 · €19
2022: €3k
2023: €2k
2024: €19
2022 → 2025
Working capital
€57
2024 · €-5k
2022: €6k
2023: €10k
2024: €-5k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€5k-€7k▲ 32.8%€7k▲ 0.3%€9k▲ 26.9%
Operating result€4k-€4k▼ 6.1%€-528€2k
Net result€3k-€2k▼ 39.6%€19▼ 98.9%€2k▲ 10,233%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €2k after a loss of €528 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €37k
Fixed assets
€9k ▼ 22.9%
Current assets
€28k ▼ 19.0%
Equity and liabilities €37k
Equity
€9k ▲ 26.9%
Debt
€28k ▼ 28.7%
Debt's share of the balance-sheet total falls from 84.3% to 75.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€4k▲
2024 · €1k
Cash flow
€5k▲
2024 · €2k
Current ratio
1.00▲
2024 · 0.88
Debt to equity
3.02▼
2024 · 5.37
ROE
21.2%▲
2024 · 0.3%
ROA
5.3%▲
2024 · 0.0%
Interest coverage
177.40▲
2024 · 16.50
Debt ≤ 1 year
€28k▼
2024 · €39k
Income taxes
€724▲
2024 · €71
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€46k€37k▼
Fixed assets21/28€12k€9k▼
Tangible fixed assets22/27€12k€9k▼
Furniture and vehicles24€12k€9k▼
Current assets29/58€34k€28k▼
Stocks and contracts in progress3€710-
Stocks30/36€710-
Amounts receivable within one year40/41€24k€19k▼
Trade receivables40€2k€0▼
Other amounts receivable41€22k€19k▼
Cash at bank and in hand54/58€10k€9k▼
Equity and liabilities
Total equity and liabilities10/49€46k€37k▼
Equity10/15€7k€9k▲
Contributions10/11€3k€3k=
Reserves13€250€250=
Non-distributable reserves130/1€250€250=
Reserves not available under the articles1311€250€250=
Profit (loss) carried forward14€5k€6k▲
Amounts payable17/49€39k€28k▼
Amounts payable within one year42/48€39k€28k▼
Trade debts44€5k€4k▼
Suppliers440/4€5k€4k▼
Taxes, remuneration and social security45€964€852▼
Taxes450/3€964€852▼
Other amounts payable47/48€33k€23k▼
Income statement
Code20242025
Remuneration, social security and pensions62€30-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€268€673▲
Gross operating margin9900€2k€5k▲
Operating profit (loss)9901€-528€2k▲
Financial income75/76B€692€995▲
Recurring financial income75€692€995▲
Financial charges65/66B€74€25▼
Recurring financial charges65€74€25▼
Profit (loss) for the period before taxes9903€90€3k▲
Income taxes67/77€71€724▲
Profit (loss) for the period9904€19€2k▲
Profit (loss) for the period to be appropriated9905€19€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€6k▲
Profit (loss) brought forward from the previous period14P€5k€5k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
08-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 8 days late
2024
31-12
Financial
Weakest financial yearnet €19 ▼98.9%
Net result drops to €19, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kasterlee · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Lamstraat 82460 KasterleeGround area
1,433 m²
Building footprint
265 m²
Volume, LiDAR
1,335 m³
2 parcels, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Grondwerken Gybels G
since 20222.333.303.524
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13018F0234/00C000 | Flanders | 893 m² | 1 · 138 m² | 7.6 m · 2 fl. |
| 13433E0353/00R002 | Flanders | 540 m² | 1 · 127 m² | 10.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
D-Landscape
BE 0783.432.178
Balen · Eq €9,196
BONNE GRONDVERZET
BE 1007.883.250
Damme · Eq €9,273
PEETERS L&G
BE 0833.698.172
Beringen · Eq €9,302
XPROSUP
BE 0447.272.542
Lochristi · Eq €9,320
W-WORKS
BE 0688.799.275
Ternat · Eq €9,131
Of 8,455 companies in sector 43120 we hold annual accounts for 3,233. 1,430 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-06-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
42110Construction of roads and motorways
42219Civil engineering
43110Demolition
43910Bricklaying and masonry work
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.