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GROUND CONCEPT

Active
Private limited companyfounded 201511 yrs activeRue Elveau 4C, 5140 Sombreffe, BelgiumKBO/BCE: BE 0630.744.181
Summary

GROUND CONCEPT has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €332,731 and a net result of €29,403. Its solvency ranks better than 57% of 4564 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Risk analysis Watch Report Compare
GROUND CONCEPTActiveChecked score 58/100
Risk analysis Report Compare

Checked score

Score 2025
58 / 100
Fair
Every signal that weighs is under Signals.
Axes
Profitability48
Solvency72
Growth-
Track record85
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19,000 at 30 days acceptable
Liquidity short (current ratio 0.48; short-term debt: 42.1% and cash: 0.6% of total assets), and 52.9% of the assets are financed with debt.
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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 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
47.1%
Return on assets
4.2%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 1 filing
Deviation from the deadline
2025
31 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 21 May 2015, GROUND CONCEPT was incorporated.1 In 2026 the registered office moved to Sombreffe.2 The company has filed annual accounts once, for fiscal year 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 21-09-2026
  3. 3National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

In the rankings #5 company by total assets in Sombreffe, Administrative and support services sector#9 oldest company in Sombreffe, Administrative and support services sector
Equity
€332,731
Total assets
€706,547
Net result
€29,403
Working capital
-€153,367

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

Balance-sheet composition
Assets €706,547
Fixed assets €562,500
Current assets €144,047
Equity and liabilities €706,547
Equity €332,731
Debt €373,816
Debt finances 52.9% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
0.48
Debt to equity
1.12
ROE
8.8%
ROA
4.2%
Debt ≤ 1 year
€297,414
Debt > 1 year
€76,402
Income taxes
€8,189
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 37 lines
Balance sheet Code2025
Assets
Total assets20/58€706,547
Fixed assets21/28€562,500
Financial fixed assets28€562,500
Current assets29/58€144,047
Amounts receivable within one year40/41€136,498
Trade receivables40€34,442
Other amounts receivable41€102,056
Cash at bank and in hand54/58€3,958
Deferred charges and accrued income490/1€3,591
Equity and liabilities
Total equity and liabilities10/49€706,547
Equity10/15€332,731
Contributions10/11€500
Reserves13€148,746
Distributable reserves133€148,746
Profit (loss) carried forward14€183,485
Amounts payable17/49€373,816
Amounts payable after more than one year17€76,402
Financial debts170/4€76,402
Amounts payable within one year42/48€297,414
Current portion of amounts payable after more than one year42€52,819
Trade debts44€14,922
Suppliers440/4€14,922
Taxes, remuneration and social security45€35,674
Taxes450/3€27,713
Remuneration and social security454/9€7,960
Other amounts payable47/48€194,000
Income statement Code2025
Other operating charges640/8€1,418
Gross operating margin9900€47,037
Operating profit (loss)9901€45,619
Financial charges65/66B€8,027
Recurring financial charges65€8,027
Profit (loss) for the period before taxes9903€37,592
Income taxes67/77€8,189
Profit (loss) for the period9904€29,403
Profit (loss) for the period to be appropriated9905€29,403
Appropriation of the result
Profit (loss) to be appropriated9906€183,485
Profit (loss) brought forward from the previous period14P€154,083

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Other operating charges640/8€1,418
Gross operating margin9900€47,037
Operating profit (loss)9901€45,619
Financial charges65/66B€8,027
Recurring financial charges65€8,027
Profit (loss) for the period before taxes9903€37,592
Income taxes67/77€8,189
Profit (loss) for the period9904€29,403
Profit (loss) for the period to be appropriated9905€29,403
Line2025
Assets
Total assets20/58€706,547
Fixed assets21/28€562,500
Financial fixed assets28€562,500
Current assets29/58€144,047
Amounts receivable within one year40/41€136,498
Trade receivables40€34,442
Other amounts receivable41€102,056
Cash at bank and in hand54/58€3,958
Deferred charges and accrued income490/1€3,591
Equity and liabilities
Total equity and liabilities10/49€706,547
Equity10/15€332,731
Contributions10/11€500
Reserves13€148,746
Distributable reserves133€148,746
Profit (loss) carried forward14€183,485
Amounts payable17/49€373,816
Amounts payable after more than one year17€76,402
Financial debts170/4€76,402
Amounts payable within one year42/48€297,414
Current portion of amounts payable after more than one year42€52,819
Trade debts44€14,922
Suppliers440/4€14,922
Taxes, remuneration and social security45€35,674
Taxes450/3€27,713
Remuneration and social security454/9€7,960
Other amounts payable47/48€194,000
Line2025
Profit (loss) for the period9904€29,403
Operating cash flow (approximation)€29,403

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

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Timeline · acts, filings and financial milestones

2026
21-09
State Gazette act General meeting · Registered-office move
Director in office3 facts ▸
  • General meeting, 01-09-2026
  • Registered-office move, 4C, Rue Elveau à 5140 SOMBREFFE
  • Director in office, BUSIAU Jordan (director)
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
State Gazette actNBB filing
1 of 7 acts read
About the unread acts

Of the 7 Belgian State Gazette acts we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sombreffe · 1 establishment unit since 2015
exact location from the address register On OpenStreetMap
Ground area
449 m²
Building footprint
99 m²
Parcel 92114F0083/00X000, Wallonia. Linked by address, not a title deed.
1 establishment unit
TBJ Concept
Rue du Fond Cattelain 2, 1435 Mont-Saint-GuibertLandscape service activities
since 20152.242.724.330
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92114F0083/00X000 Wallonia 449 m² 1 · 99 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.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 1

According to the 2025 annual accounts of GROUND CONCEPT and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

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Of 21,225 companies in sector 81300 we hold annual accounts for 4,369. 3,037 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
Founded21-05-2015
Fiscal year end31-12
Activities, NACEBEL 2025
81300Landscape service activities
Contact
E-mail jordan.busiau.93@gmail.com
Phone 0492687538
E-invoicing
Reachable via Peppol
Peppol ID 0208:0630744181
Registered 07-01-2026

Register as of 27 September 2026 · Peppol Directory

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

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