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GRONDWERKEN SOETAERT

Active
Private limited companyfounded 2015active for 11 yearsDadizeelsestraat 123, 8890 Moorslede, BelgiumKBO/BCE: BE 0607.946.906
Summary

GRONDWERKEN SOETAERT has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €356,215 and a net result of -€8,250. Equity has been growing by about 19% per year since 2019. Its solvency ranks better than 31% of 34,954 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Official details

Source: KBO
Status
Active since 24-03-2015 Normal situation
Activity
Site preparation NACE 43120and 12 others
Establishment unit
2.241.150.455 8890 Moorslede, since 24-03-2015
Financial year end
31 March
Peppol
Reachable since 22-04-2024

Board and ownership

Board
  • SOETAERT MATHIEUDirector

Financial position

79 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Annual accounts to 31-03-2025
Gross margin
€243,639
▼ 1.3%
Turnover
≈ €800,000
estimated
Loss
€8,250
▲ 119%
Equity
€356,215
▼ 4.0%
Total assets
€1.2m
▼ 2.2%
  • 2026 accounts not filed, 4 days past the deadline
Score breakdownraises riskFigures for financial year 2025 (filed on 09-10-2025)Sector: Specialised construction activities (NACE 43)1 financial year not filed after the legal deadlinelowers riskSize: total assets €1.2mShow the evidence

Checked score

Score 2025
79 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 32% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency 55=
equity 29.7% of total assets
Liquidity 44+2
short-term debt 33.6% · cash 6.7%
Profitability 68=
return on assets -0.7%
Bankruptcy probability within 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 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: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.3%▲ +0.1 percentage points vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.4%▲ +0.1 percentage points vs 09-2025 11-2025: 0.2%▼ -0.2 percentage points vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026lowest value 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.5%▲ +0.3 percentage points vs 09-2026 11-2026: 0.5%● unchanged vs 10-2026highest value
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.92 (0.64 in 2024), below 1. Short-term debt is 33.6% and cash 6.7% of total assets. 70.3% 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 31% of them on solvency, 34% on liquidity, 34% on profitability and 29% on growth.

The bankruptcy probability was computed on 03-11-2026 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

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.2m
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 · Figures for financial year 2025 (filed on 09-10-2025)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · 1 financial year not filed after the legal deadline
NBB · filings
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 09-10-2025, 22 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
not filed
2025
22 days early
2024
21 days early
2023
5 days early
2022
3 days early
2021
10 days early
2020
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 15 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 (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 86% of companies in specialised constructionsector median €10,221 · 34,941 companies -€8,250 View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€8,250 View

Recent changes

  1. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as GRONDWERKEN SOETAERT: site preparation (NACE 43120). They are comparable in size and age: total assets between €1m and €1.4m, founded between 2013 and 2017.

CompanyTotal assetsGross margin
GRONDWERKEN SOETAERT Moorslede€1.2m€0.2m
SAGRO AANNEMINGEN Kortrijk€1.4m€0.3m
WILLIAM Anderlecht€1.1m€0.2m
BADAEK'S BUILDING Schaarbeek€1.2m€0.3m
Verhoeyen Tom Grondwerken Zulte€1.1m€0.2m
WINTERS SONDERINGEN Pelt€1.2m€0.3m
Entreprise M.K.G. Hotton€1.0m€0.3m
Full comparison

Key facts about GRONDWERKEN SOETAERT

What is the company number of GRONDWERKEN SOETAERT?
The company number of GRONDWERKEN SOETAERT is 0607.946.906. The VAT number is the same number with BE in front: BE 0607.946.906.
Where is GRONDWERKEN SOETAERT based?
The registered office is at Dadizeelsestraat 123, 8890 Moorslede.Company details
What does GRONDWERKEN SOETAERT do?
According to the KBO register, the main activity is site preparation (NACE 43120).
What is the legal form of GRONDWERKEN SOETAERT?
The legal form of GRONDWERKEN SOETAERT is Private limited company (BV).
When was GRONDWERKEN SOETAERT founded?
GRONDWERKEN SOETAERT was founded on 24-03-2015.
Is GRONDWERKEN SOETAERT still active?
Yes, GRONDWERKEN SOETAERT is an active enterprise in the KBO register.
What is the turnover of GRONDWERKEN SOETAERT?
The turnover in financial year 2025 is ≈ €800,000. This figure is estimated from the gross margin of €243,639 and 235 comparable companies (NACE 43). It probably lies between €610,000 and €1.1m.Financials
Is GRONDWERKEN SOETAERT profitable?
In financial year 2025, GRONDWERKEN SOETAERT made a loss of €8,250.
Where can I find the annual accounts of GRONDWERKEN SOETAERT?
GRONDWERKEN SOETAERT filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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