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Groundwork

Active
Private limited companyfounded 2018active for 8 yearsOoststatiestraat 126, 2550 Kontich, BelgiumKBO/BCE: BE 0700.236.367
Summary

Groundwork has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €407,482 and a net result of €70,905. Equity is growing by about 32% per year across the filed financial years. Its solvency ranks better than 91% of 39,137 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

History

On 18 July 2018, Groundwork was incorporated.1 Total assets went from €111,320 in 2019 to €440,585 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
01-06
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
03-06
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
07-06
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
31-12
Financial Liquidity more than doubledcurrent ratio 12.92
Current ratio from 5.51 to 12.92; short-term debt falls from €46,262 to €18,412.
19-12
Gazette deed Reappointments: Johanna De Cock (director) and Piet Theunis (director)
Legal-form conversion · Capital conversion · Amendment of the articles9 facts ▸
  • General meeting, 15-11-2023
  • Other provision, “toepasselijkheid Wetboek van vennootschappen en verenigingen, artikel 39.§1.lid 1 wet 23-03-2019” (deed in Dutch)
  • Legal-form conversion, “besloten vennootschap” (deed in Dutch)
  • Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Other provision, “wettelijke reserve en statutair onbeschikbaar eigen vermogen”, 20000 (deed in Dutch)
  • Amendment of the articles
  • Kind of shares, 200, “volgestort bij uitgifte” (deed in Dutch)
  • Director reappointment, Johanna De Cock (director)
  • Director reappointment, Piet Theunis (director)
08-06
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
31-12
Financial Equity above €200,000equity €208,800 ▲47.6%
2 profitable years in a row build equity to €208,800.
09-06
NBB filing Annual accounts filed
financial year 2021 · micro format
2021
31-12
Financial Back to profitnet €75,326
Net result €75,326 after one loss-making year.
31-12
Financial Equity above €100,000equity €141,508 ▲114%
Equity rises from €66,182 to €141,508.
06-06
NBB filing Annual accounts filed
financial year 2020 · micro format
2020
31-12
Financial Weakest financial yearnet -€15,876
Net result drops to -€15,876, the lowest in the series; recovery starts the following year.
01-06
NBB filing Annual accounts filed
financial year 2019 · micro format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 2 deeds read
About the unread acts

Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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