GRONDWERKEN NORBERT THIERENS
GRONDWERKEN NORBERT THIERENS has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €367k and a net result of €21k. Equity is shrinking by ~8% per year across the filed fiscal years. Its solvency ranks better than 72% of 2906 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
| Equity | €367k |
| Net result | €21k |
| Better than sector | 72% |
| Active | 49 yrs |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 61.8% | 43.3% | |
| Net result | €21k | €13k | |
| Equity | €367k | €44k | |
| Gross operating margin | €60k | €39k | |
| Total assets | €593k | €115k |
Figures by fiscal year and ratios
| Fiscal year | 2025 |
|---|---|
| Deposit | micro schema |
| Revenue | - |
| EBITDA | €58k |
| Net profit | €21k |
| Cash flow | €87k |
| Staff costs | - |
| Income taxes | €7k |
| Dividends | €84k |
| Total assets | €593k |
| Equity | €367k |
| Debt | €219k |
| of which ≤ 1y | €79k |
| of which > 1y | €138k |
| Working capital | €339k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 5.27 |
| Quick ratio | 5.27 |
| Working capital ratio | 57.2% |
| Solvency | 61.8% |
| Debt / equity | 0.60 |
| Long-term debt ratio | 0.38 |
| Interest coverage | 10.24 |
| Gross margin | - |
| Net margin | - |
| ROA | 3.6% |
| ROE | 5.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €593k |
| Fixed assets | 21/28 | €175k |
| Tangible fixed assets | 22/27 | €175k |
| Current assets | 29/58 | €419k |
| Amounts receivable within one year | 40/41 | €160k |
| Investments | 50/53 | €14k |
| Cash & bank | 54/58 | €39k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €593k |
| Equity | 10/15 | €367k |
| Contributions / capital | 10/11 | €50k |
| Reserves | 13 | €317k |
| Accumulated profits (losses) | 14 | €0 |
| Provisions & deferred taxes | 16 | €8k |
| Amounts payable | 17/49 | €219k |
| Amounts payable after one year | 17 | €138k |
| Amounts payable within one year | 42/48 | €79k |
| Trade debts payable within one year | 44 | €10k |
| Income statement | ||
| Gross operating margin | 9900 | €60k |
| Operating result | 9901 | €-8k |
| Financial income | 75 | €13k |
| Financial charges | 65 | €6k |
| Result before taxes | 9903 | €28k |
| Income taxes | 67/77 | €7k |
| Net result for the period | 9904 | €21k |
| Result to be appropriated | 9905 | €22k |
-
Gunther ThierensDirectorState Gazette act 23484404 (28-12-2023)Current28-12-2023 → present
-
Jurgen ThierensDirectorState Gazette act 23484404 (28-12-2023)Current28-12-2023 → present
| NACE primary | Site preparation(43120) |
| Legal form | Private limited company(610) |
| Incorporation | 26-03-1977 |
| Status | Active |
| Postal code | 9220 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42014B0930/00Z000 | Flanders | 288 m² | 1 · 284 m² | 8.1 m · 1 fl. |
06-07-2026 NBB filing Annual accounts filed
25-06-2025 NBB filing Annual accounts filed
27-06-2024 NBB filing Annual accounts filed
28-12-2023 State Gazette act Director changes
20-07-2023 NBB filing Annual accounts filed
14-07-2022 NBB filing Annual accounts filed
13-07-2021 NBB filing Annual accounts filed
02-07-2020 NBB filing Annual accounts filed
15-07-2019 NBB filing Annual accounts filed
09-07-2018 NBB filing Annual accounts filed
07-07-2017 NBB filing Annual accounts filed
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
28-12-2023 4 directors appointed
- Gunther Thierens, Bestuurder
- Jurgen Thierens, Bestuurder
- Sarah De Jonghe, Gedelegeerd bestuurder
- Ellen Flies, Gedelegeerd bestuurder
Technical details
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}| Legal nameNL | GRONDWERKEN NORBERT THIERENS |