Grounds Up
The 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.
| Equity | €7k |
| Net result | €-26k |
| Better than sector | 32% |
| Active | 3 yrs |
Fragile profile — watch profitability in particular.
Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 2.5% | 25.8% | |
| Net result | €-26k | €28 | |
| Equity | €7k | €40k | |
| Gross operating margin | €-461 | €19k | |
| Total assets | €284k | €137k |
| Fiscal year | 2024 |
|---|---|
| Revenue | — |
| EBITDA | €-2k |
| Net profit | €-26k |
| Cash flow | €-13k |
| Staff costs | — |
| Income taxes | — |
| Dividends | — |
| Total assets | €284k |
| Equity | €7k |
| Debt | €277k |
| of which ≤ 1y | €236k |
| of which > 1y | €41k |
| Working capital | €-119k |
| Employees (FTE) | — |
| 2024 | |
|---|---|
| Current ratio | 0.50 |
| Quick ratio | 0.50 |
| Working capital ratio | -41.9% |
| Solvency | 2.5% |
| Debt / equity | 38.95 |
| Long-term debt ratio | 5.71 |
| Interest coverage | -0.14 |
| Gross margin | — |
| Net margin | — |
| ROA | -9.1% |
| ROE | -362.4% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €284k |
| Fixed assets | 21/28 | €166k |
| Formation expenses | 20 | €717 |
| Intangible fixed assets | 21 | €90k |
| Tangible fixed assets | 22/27 | €76k |
| Current assets | 29/58 | €117k |
| Amounts receivable within one year | 40/41 | €9k |
| Cash & bank | 54/58 | €105k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €284k |
| Equity | 10/15 | €7k |
| Contributions / capital | 10/11 | €52k |
| Accumulated profits (losses) | 14 | €-45k |
| Amounts payable | 17/49 | €277k |
| Amounts payable after one year | 17 | €41k |
| Amounts payable within one year | 42/48 | €236k |
| Trade debts payable within one year | 44 | €13k |
| Income statement | ||
| Gross operating margin | 9900 | €-461 |
| Operating result | 9901 | €-14k |
| Financial income | 75 | €19 |
| Financial charges | 65 | €12k |
| Result before taxes | 9903 | €-26k |
| Net result for the period | 9904 | €-26k |
| Result to be appropriated | 9905 | €-26k |
| NACE primary | 38110 |
| Legal form | Private limited company(610) |
| Incorporation | 28-02-2023 |
| Status | Active |
| Postal code | 9140 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44807G0160/00L003 | Flanders | 5.3 ha | 1 · 1.4 ha | 46.4 m · 4 fl. |
| 46025B1190/00R003 | Flanders | 2,540 m² | 1 · 917 m² | 9.6 m · 3 fl. |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
14-04-2025 1 director appointed, 1 resigning
- de besloten vennootschap VIRIDIS CONSULT — Bestuurder
- Lukas Van Quickelberghe — Bestuurder
Technical details
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"pub_date": "2025-04-14",
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"subject_company": {
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},
"co_filed_documents": [],
"corrected_publication_numac": null
}29-08-2024 Registered office moved within Temse
- 9140 Temse, Frank Van Dyckelaan 17 → 9140 Temse, Frank Van Dyckelaan 14
Technical details
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"country": "BE",
"postcode": "9140",
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"statute_article_number": 2,
"effective_date_qualifier": "immediate",
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},
"co_filed_documents": [
"kopie na neerlegging van de akte ter griffie"
]
}31-01-2024 Capital increase of €50,000 to €100,000
- €50.000 → €100.000
- Inbreng in geld · Apport en numéraire
Technical details
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],
"notary": {
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"firm_name": "Els De Block en Tim Vandersteen, geassocieerde notarissen",
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"pub_date": "2024-01-31",
"filing_date": "2024-01-28",
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"act_date": "2023-12-28",
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}
],
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}31-01-2024 Articles of association amended — translation of the articles, coordination of the articles and amendment of specific articles
Technical details
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},
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"statute_change": {
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"scope": "translation_only",
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"legal_form_before": "B.V."
},
"special_mandates": [
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"holder_name": "C2F1 NV",
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],
"articles_modified": [
{
"summary": "Het aantal aandelen in artikel 5 van de statuten is aangepast om overeen te stemmen met de verhoging van het eigen vermogen.",
"new_text": "Als vergoeding voor de inbrengen werden tweehonderd (200) aandelen uitgegeven. Ieder aandeel geeft een gelijk recht in de winstverdeling en in het vereffeningsaldo.",
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],
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{
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},
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"capital_after_eur": 52000.0,
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"rights_summary": "gelijk recht in de winstverdeling en in het vereffeningsaldo",
"voting_per_share": 1.0
}
]
},
"coordinated_text_lineage": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Grounds Up |