Debts
€246,483 96% of the balance sheet
Financial debts 13%Suppliers 4%Other 83%
Of this, €127,082 falls due within a year.
GROOVE
Lifetime
1 annual account with figurespeak €19,140 (2025)
€19,140
peak €11,470 (2025)
€11,470
peak €11,470 (2025)
€11,470
€246,483
Board3 names since 2024
3 directors and 2 others
Documentsfilings and deeds
14-01-202617 days before the deadline
2025financial year
First year with figures
Key points
from the 2025 annual accountsAt the same address
36 companies
Position in the sector
€11,470
Less equity than 89% of companies in office administrative support. Sector median €1.9m · 620 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,136 companies had the same profile as GROOVE has now. Each dot stands for 6 companies, two years later.
92.0%
were still trading
2.4%
stopped another way
5.2%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,136 companies, not a prediction for GROOVE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Permanent representatives: and
Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1006189908
Permanent representatives: and
Gazette deed
Incorporation
Founders: . and . · Appointments: ., and . (director and chair) · Permanent representatives: , and · published on 04-03-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GROOVE Liège | €257,953 | €19,140 | 4.4% | - |
| INFINITE REALITY BELGIUM Brussels | €291,914 | €17,828 | -315.7% | 11.1 |
| MDS VENTURES Vilvoorde | €215,175 | €27,591 | 28.0% | - |
| BELGIUM BAR BLEND Kortrijk | €314,099 | €29,766 | 13.8% | - |
| XAVIER CLOET Waregem | €268,434 | €26,236 | 42.4% | - |
| CHATEAU DE BEEZ Namur | €267,268 | €23,760 | -3.8% | - |
| DRMAN Nieuwpoort | €193,310 | €21,252 | 17.9% | - |
These companies have the same main activity as GROOVE: organisation of conventions and trade shows (NACE 82300). They are comparable in size and age: total assets between €193,000 and €314,000, founded between 2022 and 2024.
Official details
Source: KBO- Status
- Active since 20-02-2024Normal situation
- Registered office
- 37 active companies are registered at this addressSource: KBO register, as of 13 November 2026.
- Activity
- Organisation of conventions and trade showsNACE 82300and 1 other
- Financial year end
- 30 June
- Peppol
- Reachable since 10-10-2025
Annual accounts to 30-06-2025
- ≈ €80,000estimated
- €257,953
- Filing
- Filed on 14-01-2026, 17 days before the end of the filing period
Insights on GROOVE
GROOVE has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11,470 and a net result of €11,470.
Its solvency ranks better than 13% of 620 sector peers (NACE 82, financial year 2025).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GROOVE
- What is the company number of GROOVE?
- The company number of GROOVE is 1006.189.908. The VAT number is the same number with BE in front: BE 1006.189.908.
- Where is GROOVE based?
- The registered office is at Rue Lambert-Lombard 3, 4000 Liège.Company details
- What does GROOVE do?
- According to the KBO register, the main activity is organisation of conventions and trade shows (NACE 82300).
- What is the legal form of GROOVE?
- GROOVE is a non-profit association (VZW).
- When was GROOVE founded?
- GROOVE was founded on 20-02-2024.
- Is GROOVE still active?
- Yes, GROOVE is an active enterprise in the KBO register.
- What is the turnover of GROOVE?
- The turnover in financial year 2025 is ≈ €80,000. This figure is estimated from the gross margin of €19,140 and 56 comparable companies (NACE 82). It probably lies between €38,000 and €290,000. It is a rough estimate.Financials
- Is GROOVE profitable?
- In financial year 2025, GROOVE made a profit of €11,470.
- Where can I find the annual accounts of GROOVE?
- GROOVE filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark Estimate what this company is worth.Value indication
See how customers, suppliers and banks see your own company and what to improve first.