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Grondwerken Koen Persoon

Active
Private limited companyfounded 2021active for 5 yearsElbestraat 74, 8760 Tielt, BelgiumKBO/BCE: BE 0762.757.520

From the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Grondwerken Koen Persoon has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€6,113) and a net result of €39,104, of which €25,732 non-recurring income. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 8% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Overview

Official details

KBO
Status
Active since 01-02-2021 Normal situation
Activity
Site preparation NACE 43120and 1 other
Establishment unit
2.313.331.026 8760 Tielt, since 01-02-2021
Financial year end
31 March
Peppol
Reachable since 02-12-2025

Board and ownership

Board
  • Persoon KoenDirector · since 02-02-2021
  • Van Hessche HeleenDirector · since 02-02-2021

Financial position

56 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.4%
Annual accounts to 31-03-2025
Gross margin
€79,415
▲ 36.9%
Turnover
≈ €310,000
estimated
Profit
€39,104
Equity
-€6,113
▲ 86.5%
Total assets
€106,105
▲ 17.2%
Staff
≈ 0.1 FTE
estimated
  • Negative equity on 31-03-2025
  • 2026 accounts not filed, 1 day past the deadline
Filed on 27-10-2025
Score breakdownraises riskCapped at 59: negative equityFigures for financial year 2025 (filed on 03-11-2025)Founded in 2021lowers riskLiquidity: current ratio 0.72, cash €42,356Size: total assets €106,105Show the evidence

Checked score

Score 2025
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 58% of micro companies in specialised construction (NACE 43)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Average
Solvency 19+19
equity -5.8% of total assets
Liquidity 50+49
short-term debt 105.8% · cash 39.9%
Profitability 100+50
return on assets 36.9%
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 3.5% 01-2025: 3.5%● unchanged vs 12-2024 02-2025: 3.3%▼ -0.2 percentage points vs 01-2025 03-2025: 3.3%● unchanged vs 02-2025 04-2025: 3.2%▼ -0.1 percentage points vs 03-2025 05-2025: 3.2%● unchanged vs 04-2025 06-2025: 3.1%▼ -0.1 percentage points vs 05-2025 07-2025: 3.1%● unchanged vs 06-2025 08-2025: 3.2%▲ +0.1 percentage points vs 07-2025 09-2025: 3.3%▲ +0.1 percentage points vs 08-2025 10-2025: 3.4%▲ +0.1 percentage points vs 09-2025 11-2025: 4.1%▲ +0.7 percentage points vs 10-2025highest value 12-2025: 1.0%▼ -3.1 percentage points vs 11-2025 01-2026: 0.9%▼ -0.1 percentage points vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.8%▼ -0.1 percentage points vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026lowest value 06-2026: 0.8%● unchanged vs 05-2026lowest value 07-2026: 0.9%▲ +0.1 percentage points vs 06-2026 08-2026: 0.9%● unchanged vs 07-2026 09-2026: 0.9%● unchanged vs 08-2026 10-2026: 1.1%▲ +0.2 percentage points vs 09-2026 11-2026: 1.4%▲ +0.3 percentage points vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.72 (0.28 in 2024), below 1. Short-term debt is 105.8% and cash 39.9% of total assets. Equity is negative.
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 7% of them on solvency, 42% on liquidity, 92% on profitability and 90% 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 · Liquidity: current ratio 0.72, cash €42,356
NBB · annual accounts
raises risk · Figures for financial year 2025 (filed on 03-11-2025)
NBB · annual accounts
lowers risk · Size: total assets €106,105
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 2021
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 · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 34902 sector peers (2025).
NBB · sector comparison
Position among 34902 sector peers
Solvency
better than 8%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 27-10-2025, 4 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2026
not filed
2025
4 days early
2024
3 days early
2023
5 days early
2022
7 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 1 day 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 (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€6,113 View
  • Caution: Less equity than 92% of companies in specialised constructionsector median €57,811 · 34,914 companies -€6,113 View
  • Positive: Back in profit in 2025after a loss of €41,006 in 2024 €39,104 View

Comparable companies

These companies have the same main activity as Grondwerken Koen Persoon: site preparation (NACE 43120). They are comparable in size and age: total assets between €98,600 and €123,000, founded between 2020 and 2021.

CompanyTotal assetsGross margin
Grondwerken Koen Persoon Tielt€106,105€79,415
DESIMPELAERE Moorslede€110,118€95,488
Hugro grond- en loonwerken Arendonk€113,266€76,769
BC CHASSIS Rebecq€98,629€87,253
MILARKA Sint-Niklaas€123,242€71,749
Euro-Topgrue Celles (lez-Tournai)€123,120€93,574
DECOO CONSTRUCT Oudergem€98,878€61,327
Full comparison

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Grondwerken Koen Persoon

What is the company number of Grondwerken Koen Persoon?
The company number of Grondwerken Koen Persoon is 0762.757.520. The VAT number is the same number with BE in front: BE 0762.757.520.
Where is Grondwerken Koen Persoon based?
The registered office is at Elbestraat 74, 8760 Tielt.Company details
What does Grondwerken Koen Persoon do?
According to the KBO register, the main activity is site preparation (NACE 43120).
What is the legal form of Grondwerken Koen Persoon?
The legal form of Grondwerken Koen Persoon is Private limited company (BV).
When was Grondwerken Koen Persoon founded?
Grondwerken Koen Persoon was founded on 01-02-2021.
Is Grondwerken Koen Persoon still active?
Yes, Grondwerken Koen Persoon is an active enterprise in the KBO register.
What is the turnover of Grondwerken Koen Persoon?
The turnover in financial year 2025 is ≈ €310,000. This figure is estimated from the gross margin of €79,415 and 34 comparable companies (NACE 431). It probably lies between €240,000 and €510,000.Financials
Is Grondwerken Koen Persoon profitable?
In financial year 2025, Grondwerken Koen Persoon made a profit of €39,104.
Where can I find the annual accounts of Grondwerken Koen Persoon?
Grondwerken Koen Persoon filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)

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