Grondwerken Van Bael

Active

Private limited companyfounded 2009active for 16 yearsAkkerstraat 21, 2480 Dessel, BelgiumKBO/BCE: BE 0821.504.579

Summary

Grondwerken Van Bael has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €530,432 and a net result of €132,978. Equity is growing by about 17% per year across the filed financial years. Its solvency ranks better than 18% of 2,441 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Risk analysisFollow Report Compare

Grondwerken Van BaelActiveChecked score 69/100

Risk analysis Report Compare

Activity

Site preparation

NACE 43120

4th fastest staff growth in Dessel2 sites

Size

≈ €5.2mturnover 2025, estimated

Staff: 15.3 FTE
Equity: €530,432
Profit: €132,978

Turnover estimated from the gross margin

Financial health

69 Healthy Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.7%

Structure

Board: 5 members

2025 accounts 30 days early

Why 69raises riskEquity €530,432 (17.4% of total assets)Liquidity: current ratio 0.63, cash €122,138, halvedSector: Specialised construction activities (NACE 43)lowers riskFigures for financial year 2025 (filed 01-07-2026)Show the evidence

Checked score

Score 2025

69 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Financially better than 49% of its sector peers (NACE 43, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 42+3

equity 17.4% of total assets

Liquidity 38-7

short-term debt 37.5% · cash 4.0%

Profitability 74-1

return on assets 4.4%

Bankruptcy probability, 12 months

0.7% Low

0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,649 companies, NACE 43, small)

Last 24 months 11-2024: 1.0% 12-2024: 1.0%● unchanged vs 11-2024 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.1%▲ +0.1 percentage points vs 02-2025 04-2025: 1.2%▲ +0.1 percentage points vs 03-2025 05-2025: 1.2%● unchanged vs 04-2025 06-2025: 1.2%● unchanged vs 05-2025highest value 07-2025: 0.6%▼ -0.6 percentage points vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.5%▼ -0.1 percentage points vs 10-2025lowest value 12-2025: 0.5%● unchanged vs 11-2025lowest value 01-2026: 0.5%● unchanged vs 12-2025lowest value 02-2026: 0.7%▲ +0.2 percentage points vs 01-2026 03-2026: 0.8%▲ +0.1 percentage points vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 1.0%▲ +0.2 percentage points vs 06-2026 08-2026: 0.7%▼ -0.3 percentage points vs 07-2026 09-2026: 0.7%● unchanged vs 08-2026 10-2026: 0.7%● unchanged vs 09-2026

Credit of up to €35,000 on 30-day terms is acceptable

Liquidity insufficient (current ratio 0.63, compared with 0.67 in 2024, below 1; short-term debt: 37.5% and cash: 4% of total assets), and 82.6% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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, small): better than 18% on solvency, 36% on liquidity, 55% on profitability and 86% on growth.

The bankruptcy probability was computed on 31-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises riskneutral

Equity €530,432 (17.4% of total assets)

NBB · annual accounts

Figures for financial year 2025 (filed 01-07-2026)

NBB · annual accounts

Liquidity: current ratio 0.63, cash €122,138, halved

NBB · annual accounts

Sector: Specialised construction activities (NACE 43)

KBO

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 2441 sector peers (2025).

NBB · sector comparison

Position among 2441 sector peers

Solvency

better than 18%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

30 days early

2024

36 days early

2023

35 days early

2022

39 days early

2021

46 days early

2020

43 days early

2019

42 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 39 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 June (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

31-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

01-07-2026 Annual accounts filedfinancial year 2025 · full…
06-02-2026 Appointment: Leemans Céline (director)Gazette deed
31-12-2025 Equity above €500,000equity €530,432 ▲33.5%

Key points

Caution: Among the weakest 18% on solvencysector median 42.5% · 2,441 companies 17.4% View
Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Positive: 8 profitable years in a rowprofit 2025: €132,978 8 years View
Positive: Equity rose in 2025from €397,454 to €530,432 ▲ 33.5% View
New directorlatest change 23-01-2026 · 5 in office 1 joined View

By topic

Financials

Financial year: 2025
Total assets: €3.0m
Profit: €132,978
Solvency: 17.4%

Total assets▲ 7.0%

Net result

20182025

Go to Financials

Board & ownership

Board: 5 members

Van Bael, Ivo Karel JosephineDirector
Van Bael, JarneDirector
Van Bael, LennertDirector
Van de Perre, GreetDirector
Leemans CélineDirector

Go to Board & ownership

Timeline

Events: 22
Since: 2011
Next accounts: by 31-07-2027

25-06-2025Annual accounts filed
31-12-2024Highest result from 2018 to 2025
26-06-2024Annual accounts filed

Go to Timeline

Company details

Sites: 2

Legal form: Private limited company
Activity: Site preparationNACE 43120
Founded: 04-12-2009
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 15

Who signs: Each director alone
Annual meeting: Third Wednesday of June at 20:00
Purpose: “Grondverzet: graven,ophogen,egaliseren en nivelleren van bouwterreinen,graven van…” (deed in Dutch)

Go to Articles of association

Key facts about Grondwerken Van Bael

What is the company number of Grondwerken Van Bael?: 0821.504.579. In Belgium the VAT number is the company number with BE in front: BE 0821.504.579.
Where is Grondwerken Van Bael based?: The registered office is at Akkerstraat 21, 2480 Dessel.Company details
What does Grondwerken Van Bael do?: According to the KBO register, the main activity is site preparation (NACE 43120).
What is the legal form of Grondwerken Van Bael?: Private limited company (BV).
When was Grondwerken Van Bael founded?: On 04-12-2009.
Is Grondwerken Van Bael still active?: Yes, Grondwerken Van Bael is an active enterprise in the KBO register.
How many employees does Grondwerken Van Bael have?: On average 15.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Grondwerken Van Bael?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Grondwerken Van Bael profitable?: In financial year 2025, Grondwerken Van Bael made a profit of €132,978.
Where can I find the annual accounts of Grondwerken Van Bael?: Grondwerken Van Bael filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Grondwerken Van Bael due?: By 31-07-2027, for financial year 2026.Timeline