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GROUND LION

Active
Public limited companyfounded 201510 years activeKortrijksesteenweg 1146, 9051 Gent, BelgiumKBO/BCE: BE 0644.729.306
Summary

GROUND LION has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€11,856) and a net result of €391,608. Equity is growing by ~31.3% per year across the filed fiscal years. Its solvency ranks better than 15% of 1,671 sector peers (NACE 62, fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Computer programming
NACE 62100
1 site
Size
€974,223turnover 2025
Equity
-€11,856
Profit
€391,608
Financial health
55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Parent
AXI · 100%
Accounts 23 days early2 of 14 deeds read
Why 55Capped at 59: negative equity- Liquidity: current ratio 0.99, cash €410, halved- Negative equity -€11,856+ Size: turnover €974,223, total assets €155,878+ Sector Computer programming, consultancy and related activities (NACE 62)Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 41% of its sector peers (NACE 62, micro)
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 17+17
equity -7.6% of total assets
Liquidity 0-50
short-term debt 100.7% · cash 0.3%
Profitability 100=
return on assets 251.2%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,832 companies)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.1%▼ -0.2 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 0.4%● unchanged vs 08-2026highest value 10-2026: 0.4%● unchanged vs 09-2026highest value
No credit on open account
Liquidity short (current ratio 0.99 against 0.25 in 2024; short-term debt: 100.7% and cash: 0.3% of total assets), and equity is negative.
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 62, micro): better than 8% on solvency, 1% on liquidity, 82% on profitability and 73% on growth.

The bankruptcy probability was computed on 07-10-2026 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 risk+raises risk○neutral
lowers risk · Size: turnover €974,223, total assets €155,878
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.99, cash €410, halved
NBB · annual accounts
lowers risk · Sector Computer programming, consultancy and related activities (NACE 62)
KBO
raises risk · Negative equity -€11,856
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 1671 sector peers (2025).
NBB · sector comparison
Position among 1671 sector peers
Solvency
better than 15%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 days early
2024
15 days early
2023
44 days early
2022
68 days early
2021
52 days early
2020
61 days early
2019
44 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 44 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

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. Usually files around 18 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Resignation: JO.NA BV (director)Permanent representatives: Frederik Riebbels, LOTTE…
  3. Permanent representative: Dries Van AvermaetState Gazette act

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€11,856 View
  • Positive: Equity rose in 2025from -€403,463 to -€11,856 ▲ 97.1% View
  • Caution: Among the weakest 15% on solvencysector median 39.3% · 1,671 companies -7.6% View
  • Caution: Board changedlatest change 12-04-2026 · 1 in office 1 joined · 1 left View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Controlled by AXIknown shareholders 100% 100% View
  • Positive: 3 years of growth in a rowturnover 2025: €974,223 3 years View

By topic

Financials

Fiscal year
2025
Turnover
€974,223
Profit
€391,608
Solvency
-7.6%
Turnover▲ 3.6%
Net result
20182025
Go to Financials

Board & ownership

Board
1 member
Parent
AXI · 100%
Known shareholders
100%
  • BANE CONSULTINGDirector
Go to Board & ownership

Timeline

Events
14
Since
2018
Next accounts
by 31-07-2027
  1. 31-12-2025Highest result since 2018
  2. 16-07-2025Annual accounts filed
  3. 17-06-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Computer programmingNACE 62100
Founded
21-12-2015
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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