Grondwerken Jo Claes
ActiveSummary
The computed 12-month bankruptcy probability of Grondwerken Jo Claes is 1.8% (moderate). The 2025 annual accounts show equity of €122k and a net result of €7k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 36% of 27786 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▼-8
Solvency60▼-37
Growth52=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity short (current ratio 0.95 against 2.47 in 2024; short-term debt: 36.8% and cash: 16.6% of total assets), and 65.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
34.6%
Return on assets
2%
Age of the figures
9 mo
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 27-03-2026, 126 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
126 d early
2024
34 d early
2023
33 d early
2022
24 d early
2021
37 d early
2020
89 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
€122k▼ 35.4%
2024 · €189k
2020: €122k
2021: €175k
2022: €200k
2023: €168k
2024: €189k
2020 → 2025
Total assets
€353k▲ 34.4%
2024 · €262k
2020: €319k
2021: €385k
2022: €366k
2023: €289k
2024: €262k
2020 → 2025
Net result
€7k▼ 65.3%
2024 · €21k
2020: €109k
2021: €47k
2022: €25k
2023: €-32k
2024: €21k
2020 → 2025
Working capital
€-6k
2024 · €76k
2020: €11k
2021: €25k
2022: €25k
2023: €33k
2024: €76k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€175k-€200k▲ 14.4%€168k▼ 16.1%€189k▲ 12.3%€122k▼ 35.4%
Operating result€57k-€30k▼ 46.5%€-30k€27k€12k▼ 55.4%
Net result€47k-€25k▼ 46.5%€-32k€21k€7k▼ 65.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 55% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €353k
Fixed assets
€229k ▲ 69.7%
Current assets
€123k ▼ 3.0%
Equity and liabilities €353k
Equity
€122k ▼ 35.4%
Debt
€231k ▲ 214%
Debt's share of the balance-sheet total rises from 28.0% to 65.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€93k▼
2024 · €111k
Cash flow
€89k▼
2024 · €104k
Current ratio
0.95▼
2024 · 2.47
Quick ratio
0.94▼
2024 · 2.42
Debt to equity
1.89▲
2024 · 0.39
ROE
5.9%▼
2024 · 11.0%
ROA
2.0%▼
2024 · 7.9%
Interest coverage
22.37▼
2024 · 25.86
Debt ≤ 1 year
€130k▲
2024 · €51k
Debt > 1 year
€101k▲
2024 · €22k
Income taxes
€721▼
2024 · €2k
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 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€262k€353k▲
Fixed assets21/28€135k€229k▲
Tangible fixed assets22/27€135k€229k▲
Plant, machinery and equipment23€70k€134k▲
Furniture and vehicles24€65k€95k▲
Financial fixed assets28€270€270=
Current assets29/58€127k€123k▼
Stocks and contracts in progress3€3k€1k▼
Stocks30/36-€1k
Contracts in progress37€3k€0▼
Amounts receivable within one year40/41€80k€64k▼
Trade receivables40€67k€36k▼
Other amounts receivable41€13k€27k▲
Cash at bank and in hand54/58€40k€58k▲
Deferred charges and accrued income490/1€5k€458▼
Equity and liabilities
Total equity and liabilities10/49€262k€353k▲
Equity10/15€189k€122k▼
Contributions10/11€19k€19k=
Reserves13€170k€103k▼
Distributable reserves133€170k€103k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€74k€231k▲
Amounts payable after more than one year17€22k€101k▲
Financial debts170/4€22k€101k▲
Amounts payable within one year42/48€51k€130k▲
Current portion of amounts payable after more than one year42€39k€38k▼
Trade debts44€11k€17k▲
Suppliers440/4€11k€17k▲
Taxes, remuneration and social security45-€11k
Taxes450/3-€11k
Other amounts payable47/48€2k€64k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€84k€81k▼
Other operating charges640/8€569€747▲
Non-recurring operating charges66A€0-
Gross operating margin9900€111k€94k▼
Operating profit (loss)9901€27k€12k▼
Financial income75/76B€0€11▲
Recurring financial income75€0€11▲
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€23k€8k▼
Income taxes67/77€2k€721▼
Profit (loss) for the period9904€21k€7k▼
Profit (loss) for the period to be appropriated9905€21k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€7k▼
Transfer from equity791/2€0€74k▲
Transfer to equity691/2€21k€7k▼
To other reserves6921€21k€7k▼
Profit to be distributed694/7-€74k
Return on contributions (dividend)694-€74k
The notes to these accounts (18 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
27-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-32k ▼228%
Net result drops to €-32k, the lowest in the series; recovery starts the following year.
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €200k ▲14.4%
3 profitable years in a row build equity to €200k.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150kEq €175k ▲43.9%
2 profitable years in a row build equity to €175k.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 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, Balen · 1 establishment unit since 2019
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.
Bruine Kolk 272490 BalenGround area
3,263 m²
Building footprint
583 m²
Volume, LiDAR
2,295 m³
Parcel 13342C1627/00E000, Flanders · tallest building 6.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Bruine Kolk 27, 2490 Balen
since 20192.289.600.767
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13342C1627/00E000 | Flanders | 3,263 m² | 1 · 583 m² | 6.6 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 8,455 companies in sector 43120 we hold annual accounts for 3,233. 2,653 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
Founded26-04-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.