GROOT VLAENDEREN
ActiveSummary
GROOT VLAENDEREN has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €66k and a net result of €1k. Equity is growing by ~11% per year across the filed fiscal years. Its solvency ranks better than 68% of 13417 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability52▲+52
Solvency76▲+1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 1.75 against 1.77 in 2024; short-term debt: 47.9% and cash: 48.7% of total assets), and 49.2% of the assets are financed with debt.
Credit check 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
50.8%
Return on assets
1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
26 d late
2024
29 d late
2023
29 d late
2022
25 d late
2021
9 d late
2020
24 d late
2019
27 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€66k▲ 1.9%
2024 · €64k
2018: €37k
2019: €25k▼ -31.4% vs 2018lowest in 8 years
2020: €40k▲ +57.1% vs 2019
2021: €54k▲ +35.5% vs 2020
2022: €74k▲ +37.8% vs 2021
2023: €87k▲ +18.1% vs 2022highest in 8 years
2024: €64k▼ -26.2% vs 2023
2025: €66k▲ +1.9% vs 2024
2018 → 2025
Total assets
€129k=
2024 · €129k
2018: €80k
2019: €94k▲ +17.8% vs 2018
2020: €62k▼ -33.6% vs 2019lowest in 8 years
2021: €80k▲ +28.0% vs 2020
2022: €149k▲ +86.4% vs 2021
2023: €167k▲ +11.9% vs 2022highest in 8 years
2024: €129k▼ -22.4% vs 2023
2025: €129k● -0.0% vs 2024
2018 → 2025
Net result
€1k
2024 · €-23k
2018: €-14k
2019: €3k▲ +125% vs 2018
2020: €14k▲ +315% vs 2019
2021: €14k▼ -2.3% vs 2020
2022: €20k▲ +44.3% vs 2021
2023: €23k▲ +15.5% vs 2022highest in 8 years
2024: €-23k▼ -198% vs 2023lowest in 8 years
2025: €1k▲ +105% vs 2024
2018 → 2025
Working capital
€46k▲ 6.8%
2024 · €43k
2018: €21klowest in 8 years
2019: €21k▲ +3.1% vs 2018
2020: €37k▲ +73.5% vs 2019
2021: €55k▲ +47.2% vs 2020
2022: €51k▼ -7.1% vs 2021
2023: €68k▲ +34.1% vs 2022highest in 8 years
2024: €43k▼ -36.3% vs 2023
2025: €46k▲ +6.8% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€54k-€74k▲ 37.8%€87k▲ 18.1%€64k▼ 26.2%€66k▲ 1.9%
2021: €54klowest in 5 years
2022: €74k▲ +37.8% vs 2021
2023: €87k▲ +18.1% vs 2022highest in 5 years
2024: €64k▼ -26.2% vs 2023
2025: €66k▲ +1.9% vs 2024
Operating result€17k-€28k▲ 66.7%€30k▲ 5.7%€-19k€6k
2021: €17k
2022: €28k▲ +66.7% vs 2021
2023: €30k▲ +5.7% vs 2022highest in 5 years
2024: €-19k▼ -163% vs 2023lowest in 5 years
2025: €6k▲ +131% vs 2024
Net result€14k-€20k▲ 44.3%€23k▲ 15.5%€-23k€1k
2021: €14k
2022: €20k▲ +44.3% vs 2021
2023: €23k▲ +15.5% vs 2022highest in 5 years
2024: €-23k▼ -198% vs 2023lowest in 5 years
2025: €1k▲ +105% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €6k after a loss of €19k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €129k
Fixed assets
€21k ▼ 28.9%
Current assets
€108k ▲ 8.5%
Equity and liabilities €129k
Equity
€66k ▲ 1.9%
Debt
€64k ▼ 1.9%
Debt's share of the balance-sheet total falls from 50.2% to 49.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€18k▲
2024 · €-8k
Cash flow
€13k▲
2024 · €-12k
Current ratio
1.75▼
2024 · 1.77
Quick ratio
1.43▲
2024 · 1.29
Debt to equity
0.97▼
2024 · 1.01
ROE
1.9%▲
2024 · -35.5%
ROA
1.0%▲
2024 · -17.7%
Interest coverage
3.85▲
2024 · -1.81
Debt ≤ 1 year
€62k▲
2024 · €56k
Debt > 1 year
€2k▼
2024 · €8k
Staff costs
€101k▲
2024 · €99k
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€129k€129k=
Fixed assets21/28€29k€21k▼
Tangible fixed assets22/27€29k€20k▼
Land and buildings22€3k€3k▲
Plant, machinery and equipment23€20k€13k▼
Furniture and vehicles24€6k€4k▼
Financial fixed assets28€585€585=
Current assets29/58€100k€108k▲
Stocks and contracts in progress3€27k€20k▼
Stocks30/36€27k€20k▼
Amounts receivable within one year40/41€4k€24k▲
Trade receivables40€671€20k▲
Other amounts receivable41€3k€4k▲
Cash at bank and in hand54/58€68k€63k▼
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€129k€129k=
Equity10/15€64k€66k▲
Contributions10/11€12k€12k=
Reserves13€52k€53k▲
Distributable reserves133€52k€53k▲
Amounts payable17/49€65k€64k▼
Amounts payable after more than one year17€8k€2k▼
Financial debts170/4€8k€2k▼
Amounts payable within one year42/48€56k€62k▲
Current portion of amounts payable after more than one year42€6k€7k▲
Financial debts43€625€625=
Credit institutions430/8€625€625=
Trade debts44€11k€5k▼
Suppliers440/4€11k€5k▼
Taxes, remuneration and social security45€5k€12k▲
Taxes450/3€4k€12k▲
Remuneration and social security454/9€515-
Other amounts payable47/48€33k€38k▲
Accrued charges and deferred income492/3€265€69▼
Income statement
Code20242025
Remuneration, social security and pensions62€99k€101k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€12k▲
Other operating charges640/8€5k€4k▼
Gross operating margin9900€96k€123k▲
Operating profit (loss)9901€-19k€6k▲
Financial income75/76B€70€94▲
Recurring financial income75€70€94▲
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€-23k€1k▲
Profit (loss) for the period9904€-23k€1k▲
Profit (loss) for the period to be appropriated9905€-23k€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-23k€1k▲
Transfer from equity791/2€23k-
Transfer to equity691/2-€1k
To other reserves6921-€1k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €54k | €95k | €103k | €99k | €101k | ▲ 2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €10k | €13k | €11k | €12k | ▲ 10.3% |
| Other operating charges640/8 | €3k | €5k | €4k | €5k | €4k | ▼ 12.7% |
| Gross operating margin9900 | €78k | €138k | €149k | €96k | €123k | ▲ 28.6% |
| Operating profit (loss)9901 | €17k | €28k | €30k | €-19k | €6k | ▲ 131% |
| Financial income75/76B | €78 | €165 | €18 | €70 | €94 | ▲ 34.3% |
| Recurring financial income75 | €78 | €165 | €18 | €70 | €94 | ▲ 34.3% |
| Financial charges65/66B | €3k | €8k | €4k | €4k | €5k | ▲ 11.2% |
| Recurring financial charges65 | €3k | €8k | €4k | €4k | €5k | ▲ 11.2% |
| Profit (loss) for the period before taxes9903 | €14k | €20k | €25k | €-23k | €1k | ▲ 105% |
| Income taxes67/77 | - | - | €2k | - | - | - |
| Profit (loss) for the period9904 | €14k | €20k | €23k | €-23k | €1k | ▲ 105% |
| Profit (loss) for the period to be appropriated9905 | €14k | €20k | €23k | €-23k | €1k | ▲ 105% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €80k | €149k | €167k | €129k | €129k | = |
| Fixed assets21/28 | €8k | €46k | €37k | €29k | €21k | ▼ 28.9% |
| Tangible fixed assets22/27 | €7k | €45k | €36k | €29k | €20k | ▼ 29.4% |
| Land and buildings22 | €2k | €5k | €4k | €3k | €3k | ▲ 31.5% |
| Plant, machinery and equipment23 | €5k | €33k | €24k | €20k | €13k | ▼ 35.8% |
| Furniture and vehicles24 | - | €7k | €8k | €6k | €4k | ▼ 34.9% |
| Financial fixed assets28 | €585 | €585 | €585 | €585 | €585 | = |
| Current assets29/58 | €72k | €103k | €130k | €100k | €108k | ▲ 8.5% |
| Stocks and contracts in progress3 | €17k | €22k | €24k | €27k | €20k | ▼ 27.5% |
| Stocks30/36 | €17k | €22k | €24k | €27k | €20k | ▼ 27.5% |
| Amounts receivable within one year40/41 | €9k | €14k | €29k | €4k | €24k | ▲ 558% |
| Trade receivables40 | €6k | €12k | €29k | €671 | €20k | ▲ 2,915% |
| Other amounts receivable41 | €3k | €3k | €552 | €3k | €4k | ▲ 39.1% |
| Cash at bank and in hand54/58 | €46k | €66k | €76k | €68k | €63k | ▼ 7.3% |
| Deferred charges and accrued income490/1 | €1k | €2k | €1k | €1k | €1k | ▲ 6.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €80k | €149k | €167k | €129k | €129k | = |
| Equity10/15 | €54k | €74k | €87k | €64k | €66k | ▲ 1.9% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €41k | €61k | €75k | €52k | €53k | ▲ 2.4% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €2k | - | - | - |
| Distributable reserves133 | €39k | €60k | €73k | €52k | €53k | ▲ 2.4% |
| Amounts payable17/49 | €26k | €75k | €79k | €65k | €64k | ▼ 1.9% |
| Amounts payable after more than one year17 | €5k | €23k | €15k | €8k | €2k | ▼ 79.9% |
| Financial debts170/4 | €5k | €23k | €15k | €8k | €2k | ▼ 79.9% |
| Amounts payable within one year42/48 | €17k | €52k | €62k | €56k | €62k | ▲ 9.8% |
| Current portion of amounts payable after more than one year42 | €6k | €9k | €8k | €6k | €7k | ▲ 1.3% |
| Financial debts43 | - | €625 | €625 | €625 | €625 | = |
| Credit institutions430/8 | - | €625 | €625 | €625 | €625 | = |
| Trade debts44 | €823 | €8k | €276 | €11k | €5k | ▼ 57.6% |
| Suppliers440/4 | €823 | €8k | €276 | €11k | €5k | ▼ 57.6% |
| Taxes, remuneration and social security45 | €7k | €16k | €25k | €5k | €12k | ▲ 151% |
| Taxes450/3 | €3k | €11k | €16k | €4k | €12k | ▲ 180% |
| Remuneration and social security454/9 | €4k | €5k | €9k | €515 | - | - |
| Other amounts payable47/48 | €4k | €18k | €28k | €33k | €38k | ▲ 13.5% |
| Accrued charges and deferred income492/3 | €4k | €12 | €3k | €265 | €69 | ▼ 74.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14k | €20k | €23k | €-23k | €1k | ▲ 105% |
| + Depreciation and write-downs630 | €5k | €10k | €13k | €11k | €12k | ▲ 10.3% |
| Operating cash flow (approximation) | €19k | €30k | €36k | €-12k | €13k | ▲ 214% |
| Investment in fixed assets (approximation) | - | €-48k | €-4k | €-4k | €-4k | ▼ 2.9% |
| Change in cash | - | €20k | €10k | €-8k | €-5k | ▲ 37.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €-23k
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Highest result since 2018net €23k ▲15.5%
Operating result €30k, net result €23k, both a record.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 3.89
Current ratio from 1.37 to 3.89; short-term debt falls from €57k to €13k.
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
Show earlier events
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
4 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, Brugge · 1 establishment unit since 2012
Ground area
124 m²
Building footprint
188 m²
Parcel 31806F0544/00A000, Flanders. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Vlamingstraat 94, 8000 Brugge
since 20122.207.158.289
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31806F0544/00A000 | Flanders | 124 m² | 1 · 188 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrugge2.207.158.289
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Dinant · Eq €65,816
Of 14,009 companies in sector 56301 we hold annual accounts for 4,892. 3,957 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-01-2012
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
56210Event catering
56220Contract catering and other food service activities
Scores and ratios are computed by Checked and are not a credit decision.