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GROOTEN

Active
Private limited companyfounded 2024active for 2 yearsRue de Grand-Rechain 12, 4800 Verviers, BelgiumKBO/BCE: BE 1007.328.073
Summary

GROOTEN has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13,653 and a net result of €10,653. Its solvency ranks better than 28% of 34,483 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Overview

Activity
Plumbing work
NACE 43221
1 site
Size
€51,027total assets 2025
Equity
€13,653
Profit
€10,653
Turnover not published (micro format)
Financial health
64 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.4%
Structure
Accounts filed 30 days late
Why 64raises riskFounded in 2024Size: total assets €51,027Latest accounts 30 days latelowers riskLiquidity: current ratio 0.82, cash €12,380Show the evidence

Checked score

Score 2025
64 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 47% of its sector peers (NACE 43, micro)
Financial strength
Strong
Solvency 52
equity 26.8% of total assets
Liquidity 43
short-term debt 69.7% · cash 24.3%
Profitability 95
return on assets 20.9%
Bankruptcy probability, 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% (47,581 companies, NACE 43, micro)
Last 24 months 04-2025: 1.9% 05-2025: 1.9%● unchanged vs 04-2025 06-2025: 1.9%● unchanged vs 05-2025 07-2025: 2.3%▲ +0.4 percentage points vs 06-2025 08-2025: 2.4%▲ +0.1 percentage points vs 07-2025 09-2025: 2.7%▲ +0.3 percentage points vs 08-2025 10-2025: 3.0%▲ +0.3 percentage points vs 09-2025 11-2025: 3.0%● unchanged vs 10-2025 12-2025: 2.9%▼ -0.1 percentage points vs 11-2025 01-2026: 2.9%● unchanged vs 12-2025 02-2026: 3.1%▲ +0.2 percentage points vs 01-2026 03-2026: 3.3%▲ +0.2 percentage points vs 02-2026 04-2026: 3.3%● unchanged vs 03-2026highest value 05-2026: 3.3%● unchanged vs 04-2026highest value 06-2026: 3.3%● unchanged vs 05-2026highest value 07-2026: 3.3%● unchanged vs 06-2026highest value 08-2026: 3.3%● unchanged vs 07-2026highest value 09-2026: 1.4%▼ -1.9 percentage points vs 08-2026lowest value 10-2026: 1.4%● unchanged vs 09-2026lowest value
Credit of up to €500 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.82, below 1; short-term debt: 69.7% and cash: 24.3% of total assets), and 73.2% 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, micro): better than 28% on solvency, 33% on liquidity and 81% on profitability.

The bankruptcy probability was computed on 19-10-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: total assets €51,027
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.82, cash €12,380
NBB · annual accounts
raises risk · Latest accounts 30 days late
NBB · filings
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
30 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. IncorporationAppointment: GROOTEN Gérard (director) ·…

Financials · financial year 2025, micro format

2025 annual accounts filed late (30 days) Filed on 30 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00499428.

Equity
€13,653
Total assets
€51,027
Net result
€10,653
Working capital
-€6,360

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €51,027
Fixed assets €21,838
Current assets €29,189
Equity and liabilities €51,027
Equity €13,653
Debt €37,374
Debt finances 73.2% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€15,828
Cash flow
€11,901
Current ratio
0.82
Debt to equity
2.74
ROE
78.0%
ROA
20.9%
Interest coverage
34.79
Debt ≤ 1 year
€35,549
Income taxes
€3,500

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94.3% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94.3% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 35 lines
Balance sheet Code2025
Assets
Total assets20/58€51,027
Fixed assets21/28€21,838
Tangible fixed assets22/27€21,838
Furniture and vehicles24€21,838
Current assets29/58€29,189
Amounts receivable within one year40/41€15,200
Trade receivables40€7,258
Other amounts receivable41€7,942
Cash at bank and in hand54/58€12,380
Deferred charges and accrued income490/1€1,609
Equity and liabilities
Total equity and liabilities10/49€51,027
Equity10/15€13,653
Contributions10/11€3,000
Profit (loss) carried forward14€10,653
Amounts payable17/49€37,374
Amounts payable within one year42/48€35,549
Trade debts44€32,049
Suppliers440/4€32,049
Taxes, remuneration and social security45€3,500
Taxes450/3€3,500
Accrued charges and deferred income492/3€1,825
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,248
Other operating charges640/8€2,068
Non-recurring operating charges66A€116
Gross operating margin9900€18,012
Operating profit (loss)9901€14,580
Financial income75/76B€28
Recurring financial income75€28
Financial charges65/66B€455
Recurring financial charges65€455
Profit (loss) for the period before taxes9903€14,153
Income taxes67/77€3,500
Profit (loss) for the period9904€10,653
Profit (loss) for the period to be appropriated9905€10,653
Appropriation of the result
Profit (loss) to be appropriated9906€10,653

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,248
Other operating charges640/8€2,068
Non-recurring operating charges66A€116
Gross operating margin9900€18,012
Operating profit (loss)9901€14,580
Financial income75/76B€28
Recurring financial income75€28
Financial charges65/66B€455
Recurring financial charges65€455
Profit (loss) for the period before taxes9903€14,153
Income taxes67/77€3,500
Profit (loss) for the period9904€10,653
Profit (loss) for the period to be appropriated9905€10,653
Line2025
Assets
Total assets20/58€51,027
Fixed assets21/28€21,838
Tangible fixed assets22/27€21,838
Furniture and vehicles24€21,838
Current assets29/58€29,189
Amounts receivable within one year40/41€15,200
Trade receivables40€7,258
Other amounts receivable41€7,942
Cash at bank and in hand54/58€12,380
Deferred charges and accrued income490/1€1,609
Equity and liabilities
Total equity and liabilities10/49€51,027
Equity10/15€13,653
Contributions10/11€3,000
Profit (loss) carried forward14€10,653
Amounts payable17/49€37,374
Amounts payable within one year42/48€35,549
Trade debts44€32,049
Suppliers440/4€32,049
Taxes, remuneration and social security45€3,500
Taxes450/3€3,500
Accrued charges and deferred income492/3€1,825
Line2025
Profit (loss) for the period9904€10,653
+ Depreciation and write-downs630€1,248
Operating cash flow (approximation)€11,901

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 30-08-2026 2026-00499428

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No sitting directors in the Gazette act read. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

GROOTEN was incorporated on 20 March 2024 as a private limited company.1 The company has filed annual accounts once, for financial year 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
30-08
NBB filing Annual accounts filed
financial year 2025 · micro format · 30 days late
2024
22-03
Gazette deed Incorporation
Appointment: GROOTEN Gérard (director) · Permanent representative: GROOTEN Gérard · Founder13 facts ▸
  • Incorporation, “GROOTEN” (deed in French)
  • Founder, GROOTEN Gérard Stéphane Ghislain
  • Founding capital, €3,000
  • Bank account, “société en formation, préalablement à la constitution” (deed in French)
  • Shareholding, 100, “apports initiaux en numéraire” (deed in French)
  • Other provision, “arrêt des statuts et dépôt première version, fondateurs ont arrêté les statuts” (deed in French)
  • Kind of shares, “un droit de vote par action”, 100 (deed in French)
  • Capital conversion, 3000, “compte de capitaux propres indisponibles” (deed in French)
  • General meeting, “toutes et chacune des résolutions suivantes, DISPOSITIONS NON STATUTAIRES FINALES” (deed in French)
  • Registered office clause, “respect de règle fixée par statuts, 4800 VERVIERS (Petit-Rechain),rue de Grand-Rechain 12” (deed in French)
  • Director appointment, GROOTEN Gérard (director (not named in the articles))
  • Permanent representative, GROOTEN Gérard (représentant permanent de la société)
  • +1 further fact in this act
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded20-03-2024
Financial year end31-12
Activities, NACEBEL 2025
43221Plumbing work
33110Repair and maintenance of fabricated metal products
42219Civil engineering
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1007328073
Also 9925:BE1007328073
Registered 16-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 18 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1007.328.073

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Verviers · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
259 m²
Building footprint
52 m²
Building volume
190 m³
Parcel 63059A0212/00N003, Wallonia · tallest building 5.0 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
GROOTEN Srl
Rue de Grand-Rechain 12, 4800 VerviersPlumbing work
since 2024unit no. 2.358.111.867
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
63059A0212/00N003 Wallonia 259 m² 1 · 52 m² 5.0 m · 1
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“L’exécution de forages horizontaux pour passage de câbles et de canalisations; Les travaux de plomberie; Les travaux d’isolation de…” (deed in French)
12 activities (deed in French)
  1. L’exécution de forages horizontaux pour passage de câbles et de canalisations
  2. Les travaux de plomberie
  3. Les travaux d’isolation de canalisations de chauffage et de réfrigération
  4. Les travaux de ramonage de cheminées,et nettoyage des âtres,des incinérateurs des chaudières,des gaines de ventilation et des dispositifs de fumées
  5. La gestion de patrimoine énergétique
  6. La production d’énergie,la cogénération
  7. La gestion de la flexibilité énergétique
  8. L’importation et l’exportation de solutions énergétique
  9. L'exploitation des énergies renouvelables et alternatives,énergie éolienne,solaire,installation solaires thermiques et photovoltaïques,combustion du bois et autres matières renouvelables,le chauffage des bâtiments publics et privés,des piscines,la fabrication d'électricité,la fabrication,le placement,la vente de tous produits,matériaux et matériel relevant des domaines précités et ainsi notamment les poêles à granulés de bois,tous systèmes de récupération et d'utilisation des énergies naturelles,panneaux solaires,éoliennes,pompes à chaleur,etc.
  10. Tous travaux de dépollution
  11. Le placement,la conception,la recherche,le conseil,l'entretien,la réparation,l'assistance,le courtage,le commissionnement,et la prestation de tous services rentrant dans les domaines précités
  12. La prestation de tous services,toutes les missions d’études et de consultance dans ces domaines

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
GROOTEN
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région wallonne, statuts coordonnés” (deed in French)

deed of 22-03-2024

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Nommés avec ou sans limitation de durée, un ou plusieurs administrateurs” (deed in French)
“Nommés par statuts ou acte modificatif, révocables seulement moyennant modification des statuts, pendant durée mandat, révocables ad nutum…” (deed in French)
“Plusieurs administrateurs FORMANT collège par décision explicite de l'assemblée constituant mandats, même à deux, conseil d'administration” (deed in French)
“Assemblée générale décide si mandat gratuit ou rémunéré, l'autre de plein droit exerce seul pouvoirs d'administration comme prévu sub A” (deed in French)
2 more provisions on this in the deed

deed of 22-03-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Assemblée générale délibérant comme en matière de modification aux statuts” (deed in French)
“Formes prévues pour modifications aux statuts, assemblée générale” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“De plein droit dès décision de dissolution par vertu de clause statutaire réputés être membres de l'organe d'administration en fonction…” (deed in French)

deed of 22-03-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Apports initiaux et appels de fonds pour actions non libérées, convocation assemblée générale pour prononcer exclusion conformément au Code…” (deed in French)
Other provision: “Nominatives, forme nominative des actions et registre” (deed in French)
Other provision: “Chaque titulaire peut prendre connaissance du registre relatif à ses titres, registre des titres et scission du registre” (deed in French)
Other provision: “Titres dématérialisés, teneur de comptes agréé ou organisme de liquidation” (deed in French)
Other provision: “Pactes d'actionnaires, entre actionnaires dans limites loi et statuts” (deed in French)
Other provision: “Assemblée générale principes, veille à égalité de traitement des actionnaires en situation identique” (deed in French)
Other provision: “Quinze jours au moins avant assemblée, convocations assemblées ordinaires et extraordinaires” (deed in French)
Other provision: “Sauf si société informée entretemps d'une cession des actions concernées, procuration écrite et spéciale par tout moyen de transmission” (deed in French)
Other provision: “Ordre du jour,majorité et prorogation, quel que soit nombre de titres représentés” (deed in French)
Other provision: “Reporté en tout ou partie et/ou affecté à tous comptes de réserves, affectation du bénéfice et distributions” (deed in French)
Liquidation distribution: “Biens conservés remis en indivision dans même proportion, actif net réparti entre actionnaires en proportion du nombre d'actions possédées” (deed in French)
5 more provisions in the deed, see the deed of 22-03-2024

deed of 22-03-2024