Turnover—
EBIT margin—
Net result€-26k-34.6%
Working capital€-119k-413.0%
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of Grounds Up is 2.9% (average). The 2024 annual accounts show equity of €7k and a net result of €-26k. Its solvency ranks better than 32% of 32 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 2 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone2.9%
Average
0%0,5%1,5%4%10%≥25%
Young company
+Multiple establishment units
+Annual accounts: weaker financial profile
+
Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?
Financials
FY 2024
€7k
equity
Turnover—
Net result€-26kHealth2/100 · Critical
See full annual accounts
People & board
No director data processed yet.
To directors Publicationslatest 14-04-2025
4
publications in the State Gazette1 director appointed, 1 resigningAll publications & acts Network & structure
No network or structure data processed.
To structure
Trust signals
3 signalsMore than 3 years active
Founded in 2023 — past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags
0 events
No administrative flags
Company registry (CBE)
Crossroads BankActivities
Inzameling van ongevaarlijk afval38110Inzameling van ongevaarlijk afval38110Vervaardiging van andere producten van kunststof22260Vervaardiging van andere producten van kunststof22290Vervaardiging van isolatoren en isolatiemateriaal, van keramische stoffen23430Vervaardiging van isolatoren en isolatiemateriaal, van keramische stoffen23430
Primary activity highlighted.
Names & trade names
| Legal nameNL | Grounds Up |
Registered office
Frank Van Dyckelaan 14
9140 Temse, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.