Group³
ActiveSummary
Group³ has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.5m and a net result of €1.0m. Equity is growing by ~18.3% per year across the filed fiscal years. Its solvency ranks better than 75% of 4577 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability86▼-2
Solvency97▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500,000 at 30 days acceptable
Liquidity ample (current ratio 4.72 against 4.52 in 2024; short-term debt: 14.7% and cash: 60.9% of total assets), and 27.9% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer 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 2025Solvency, return and age of the figures
Solvency
72.1%
Return on assets
13.6%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
10 d early
2023
5 d early
2022
12 d early
2021
18 d early
2020
26 d early
2019
21 d 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 14 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#2 company by total assets in Neufchâteau, Real estate sector#4 company by equity in Neufchâteau#4 oldest company in Neufchâteau, Real estate sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1.0m▲ 0.8%
2024 · €1.0m
Working capital
€4.2m▲ 32.4%
2024 · €3.2m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€1.4m▲ 9.4%€1.2m▼ 10.4%€1.3m▲ 3.0%€1.3m▲ 1.5%€1.3m▲ 1.5%
Net result€1.0mabove the sector's middle half▲ 10.6%€935,371above the sector's middle half▼ 9.5%€1.0mabove the sector's middle half▲ 10.5%€1.0mabove the sector's middle half▼ 0.4%€1.0mabove the sector's middle half▲ 0.8%
Equity€4.0mabove the sector's middle half▲ 35.1%€2.4mwithin the sector's middle half▼ 39.3%€3.4mabove the sector's middle half▲ 42.8%€4.5mabove the sector's middle half▲ 29.9%€5.5mabove the sector's middle half▲ 23.2%
Total assets€6.5mwithin the sector's middle half▲ 17.9%€7.3mwithin the sector's middle half▲ 12.9%€6.0mwithin the sector's middle half▼ 18.5%€6.6mwithin the sector's middle half▲ 10.7%€7.6mwithin the sector's middle half▲ 15.8%
Debt€2.5m▼ 1.9%€4.9m▲ 95.9%€2.5m▼ 48.7%€2.1m▼ 15.5%€2.1m▲ 0.3%
Working capital€2.5m▲ 78.2%€1.0m▼ 59.4%€2.1m▲ 107%€3.2m▲ 52.1%€4.2m▲ 32.4%
Solvency61.4%within the sector's middle half▲ 7.8pp33.0%within the sector's middle half▼ 28.4pp57.8%within the sector's middle half▲ 24.8pp67.8%above the sector's middle half▲ 10.0pp72.1%above the sector's middle half▲ 4.3pp
Staff (FTE)4.4within the sector's middle half▲ 144%9.2above the sector's middle half▲ 109%11above the sector's middle half▲ 19.6%14.6above the sector's middle half▲ 32.7%15.8above the sector's middle half▲ 8.2%
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 1% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.6m
Fixed assets
€2.3m ▼ 8.3%
Current assets
€5.3m ▲ 30.9%
Equity and liabilities €7.6m
Equity
€5.5m ▲ 23.2%
Debt
€2.1m ▲ 0.3%
Debt's share of the balance-sheet total falls from 32.2% to 27.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.6m▲
2024 · €1.6m
Cash flow
€1.3m▲
2024 · €1.3m
Current ratio
4.72▲
2024 · 4.52
Debt to equity
0.39▼
2024 · 0.47
ROE
18.8%▼
2024 · 23.0%
ROA
13.6%▼
2024 · 15.6%
Interest coverage
66.37▲
2024 · 58.09
Debt ≤ 1 year
€1.1m▲
2024 · €899,560
Debt > 1 year
€947,401▼
2024 · €1.2m
Income taxes
€346,413▲
2024 · €340,553
Staff costs
€866,280▲
2024 · €762,621
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,792 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
3.2%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,792 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €232,204 | €470,265 | €589,701 | €762,621 | €866,280 | ▲ 13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €299,213 | €293,483 | €301,685 | €303,200 | €305,241 | ▲ 0.7% |
| Other operating charges640/8 | €135,591 | €88,512 | €101,061 | €98,814 | €103,805 | ▲ 5.1% |
| Gross operating margin9900 | €2.1m | €2.1m | €2.3m | €2.5m | €2.6m | ▲ 5.3% |
| Operating profit (loss)9901 | €1.4m | €1.2m | €1.3m | €1.3m | €1.3m | ▲ 1.5% |
| Financial income75/76B | €18,679 | €49,592 | €132,137 | €99,403 | €91,068 | ▼ 8.4% |
| Recurring financial income75 | €18,679 | €49,592 | €132,137 | €99,403 | €91,068 | ▼ 8.4% |
| Financial charges65/66B | €35,061 | €32,453 | €30,564 | €27,575 | €24,449 | ▼ 11.3% |
| Recurring financial charges65 | €35,061 | €32,453 | €30,564 | €27,575 | €24,449 | ▼ 11.3% |
| Profit (loss) for the period before taxes9903 | €1.4m | €1.3m | €1.4m | €1.4m | €1.4m | ▲ 1.0% |
| Income taxes67/77 | €337,222 | €324,481 | €347,347 | €340,553 | €346,413 | ▲ 1.7% |
| Profit (loss) for the period9904 | €1.0m | €935,371 | €1.0m | €1.0m | €1.0m | ▲ 0.8% |
| Transfer from tax-exempt reserves789 | - | - | - | €458,890 | €505,200 | ▲ 10.1% |
| Transfer to tax-exempt reserves689 | €505,200 | - | €404,160 | €471,520 | €479,940 | ▲ 1.8% |
| Profit (loss) for the period to be appropriated9905 | €528,909 | €935,371 | €629,725 | €1.0m | €1.1m | ▲ 4.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.5m | €7.3m | €6.0m | €6.6m | €7.6m | ▲ 15.8% |
| Fixed assets21/28 | €3.4m | €3.1m | €2.8m | €2.5m | €2.3m | ▼ 8.3% |
| Intangible fixed assets21 | - | - | €6,400 | €4,800 | €3,200 | ▼ 33.3% |
| Tangible fixed assets22/27 | €3.4m | €3.1m | €2.8m | €2.5m | €2.3m | ▼ 8.3% |
| Land and buildings22 | €3.1m | €2.8m | €2.6m | €2.3m | €2.1m | ▼ 9.8% |
| Plant, machinery and equipment23 | €302,449 | €265,032 | €257,545 | €212,946 | €230,199 | ▲ 8.1% |
| Furniture and vehicles24 | - | €2,463 | €1,539 | €616 | €0 | ▼ 100% |
| Current assets29/58 | €3.1m | €4.2m | €3.1m | €4.1m | €5.3m | ▲ 30.9% |
| Amounts receivable within one year40/41 | €406,264 | €308,897 | €788,952 | €933,324 | €665,256 | ▼ 28.7% |
| Trade receivables40 | €300,127 | €286,478 | €779,987 | €924,296 | €643,750 | ▼ 30.4% |
| Other amounts receivable41 | €106,137 | €22,419 | €8,965 | €9,028 | €21,506 | ▲ 138% |
| Current investments50/53 | €2.7m | €3.8m | €2.3m | €3.1m | - | - |
| Cash at bank and in hand54/58 | €12,601 | €160,759 | €30,149 | - | €4.7m | - |
| Deferred charges and accrued income490/1 | €1,488 | €6,379 | €2,813 | €16,088 | €1,476 | ▼ 90.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.5m | €7.3m | €6.0m | €6.6m | €7.6m | ▲ 15.8% |
| Equity10/15 | €4.0m | €2.4m | €3.4m | €4.5m | €5.5m | ▲ 23.2% |
| Contributions10/11 | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Capital10 | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Issued capital100 | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Reserves13 | €1.1m | €1.1m | €1.5m | €2.0m | €2.4m | ▲ 24.5% |
| Non-distributable reserves130/1 | €120,000 | €120,000 | €120,000 | €120,000 | €120,000 | = |
| Legal reserve130 | €120,000 | €120,000 | €120,000 | €120,000 | €120,000 | = |
| Tax-exempt reserves132 | €964,090 | €964,090 | €1.4m | €1.4m | €1.4m | ▼ 1.8% |
| Distributable reserves133 | - | - | - | €458,890 | €964,090 | ▲ 110% |
| Profit (loss) carried forward14 | €1.7m | €130,722 | €760,447 | €1.3m | €1.9m | ▲ 42.3% |
| Amounts payable17/49 | €2.5m | €4.9m | €2.5m | €2.1m | €2.1m | ▲ 0.3% |
| Amounts payable after more than one year17 | €1.8m | €1.6m | €1.4m | €1.2m | €947,401 | ▼ 19.0% |
| Financial debts170/4 | €1.8m | €1.6m | €1.4m | €1.2m | €947,401 | ▼ 19.0% |
| Amounts payable within one year42/48 | €616,276 | €3.2m | €1.0m | €899,560 | €1.1m | ▲ 25.3% |
| Current portion of amounts payable after more than one year42 | €222,916 | €222,916 | €222,916 | €222,916 | €222,916 | = |
| Trade debts44 | €206,387 | €182,784 | €333,287 | €361,216 | €403,828 | ▲ 11.8% |
| Suppliers440/4 | €206,387 | €182,784 | €333,287 | €361,216 | €403,828 | ▲ 11.8% |
| Taxes, remuneration and social security45 | €63,227 | €302,944 | €433,003 | €305,512 | €333,471 | ▲ 9.2% |
| Taxes450/3 | €35,103 | €218,739 | €338,876 | €195,596 | €217,370 | ▲ 11.1% |
| Remuneration and social security454/9 | €28,124 | €84,205 | €94,126 | €109,916 | €116,101 | ▲ 5.6% |
| Other amounts payable47/48 | €123,746 | €2.5m | €58,431 | €9,916 | €166,855 | ▲ 1,583% |
| Accrued charges and deferred income492/3 | €47,955 | €68,851 | €74,189 | €54,420 | €55,742 | ▲ 2.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.0m | €935,371 | €1.0m | €1.0m | €1.0m | ▲ 0.8% |
| + Depreciation and write-downs630 | €299,213 | €293,483 | €301,685 | €303,200 | €305,241 | ▲ 0.7% |
| Operating cash flow (approximation) | €1.3m | €1.2m | €1.3m | €1.3m | €1.3m | ▲ 0.7% |
| Investment in fixed assets (approximation) | - | -€2,770 | -€43,915 | -€5,450 | -€94,176 | ▼ 1,628% |
| Change in cash | - | €148,157 | -€130,609 | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €1.0m ▲0.8%
Net result €1.0m, the highest in the series.
31-12
Financial
Equity above €5mEq €5.5m ▲23.2%
8 profitable years in a row build equity to €5.5m.
21-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Liquidity doublescurrent ratio 2.99
Current ratio from 1.31 to 2.99; short-term debt falls from €3.2m to €1.0m.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Liquidity doublescurrent ratio 4.31
Current ratio from 1.99 to 4.31.
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €2mEq €2.0m ▲23.4%
2 profitable years in a row build equity to €2.0m.
Show earlier events
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Neufchâteau · 1 establishment unit since 2007
Ground area
7.7 ha
Building footprint
3.2 ha
Volume, LiDAR
367,771 m³
2 parcels, Wallonia · tallest building 13.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Allée du Centre-Ardenne, LGL 30, 6840 Neufchâteau
since 20072.255.560.004
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84038C0263/00E000 | Wallonia | 4.6 ha | 1 · 2.1 ha | 13.6 m · 4 fl. |
| 84038I0700/00C002 | Wallonia | 3.1 ha | 1 · 1.1 ha | 13.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteNeufchâteau2.255.560.004
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Of 9,699 companies in sector 68121 we hold annual accounts for 7,393. 1,737 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded25-10-2007
Fiscal year end31-12
Abbreviation FR
G³
Activities, NACEBEL 2025
68121Development of residential building projects
52250Logistics services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0893064647
Registered
17-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.