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GROUP 16

Active Private limited companyfounded 2021active for 5 yearsRue de Baume (L.L) 45, 7100 La LouvièreKBO/BCE: BE 0773.768.901

Lifetime

5 annual accounts with figures on one time axis
peak €50,503 (2024)
€28,368▼ 43.8%
lowest -€71,672 (2025)
-€71,672▼ €61,920
peak €71,915 (2021)
-€48,416▼ €71,672
€979,447▲ 3.8%
Board1 name since 2021
1 director
Documentsfilings and deeds
01-07-202630 days before the deadline
2025micro format
Gross margin from €50,503 to €28,368Loss of €71,672Equity from €23,256 to -€48,416Cash from €1,166 to €4,151

Key points

from the 2025 annual accounts

Equity

-€48,416
20212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€148,416 in five years
-28,0852021-8,5642022-30,3432023-9,7522024-71,6722025

Every financial year from 2021 to 2025 closed with a loss. 2025 was the heaviest.

Turnover

≈ €46,000 estimated

The micro format states no turnover.

Debts

€979,447 105% of the balance sheet
Financial debts 69%Suppliers 2%Taxes and wages 0%Other 29%

Of this, €281,154 falls due within a year.

Filings

5 annual accounts 3 late
AprilJune31 JulyOctober20222024

The 2022 accounts came latest: 58 days after the end of the period.

Position in the sector

-€71,672

Lower net result than 94% of companies in real estate. Sector median €5,859 · 19,800 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,565 companies had the same profile as GROUP 16 has now. Each dot stands for 4 companies, two years later.

88.8%
were still trading
5.4%
stopped another way
5.1%
went bankrupt
  • Micro
  • 5 to 10 years old
  • negative equity
  • a small loss

Another 0.6% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,565 companies, not a prediction for GROUP 16. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
  • 100 sharesdeed of 15-09-2021
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0773768901
Incorporation Founding capital of €100,000, 100 shares · Founder: · Appointment: (director) · published on 15-09-2021 · Gazette deed
First establishment GROUPE 16, Rue de Baume (L.L) 45, La Louvière
All 9 events

Comparable companies

same main activity, similar in size and age
Company
GROUP 16 La Louvière €0.9m €28,368 -5.2% -
CASTAURI Lievegem €0.9m €27,584 52.9% -
CERES Bruges €0.9m €24,831 -1.1% -
Eliott Leuven €0.9m €27,355 -2.7% -
MASS-IMMO INVEST Quaregnon €0.8m €41,837 5.3% -
BEMAX Invest Jodoigne €1.0m €30,974 -0.8% -
Immo SIMA Mol €0.7m €31,624 9.0% -

These companies have the same main activity as GROUP 16: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €735,000 and €1m, founded between 2021 and 2022.

Official details

Source: KBO
Status
Active since 13-09-2021Normal situation
Registered office
15 active companies are registered at this addressSource: KBO register, as of 13 November 2026.
Activity
Renting and operating of own or leased residential real estate, excluding social housingNACE 68201and 1 other
Establishment unit
2.323.161.9757100 La Louvière, since 13-09-2021
Financial year end
31 December
Peppol
Reachable since 27-01-2026
Company details

Annual accounts 2025

€931,031▼ 3.7%
Filing
Filed on 01-07-2026, 30 days before the end of the filing period
Financials

Insights on GROUP 16

GROUP 16 files the micro format. That format states no turnover. The gross margin rose from -€18,632 in 2021 to €28,368 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about GROUP 16

What is the company number of GROUP 16?
The company number of GROUP 16 is 0773.768.901. The VAT number is the same number with BE in front: BE 0773.768.901.
Where is GROUP 16 based?
The registered office is at Rue de Baume (L.L) 45, 7100 La Louvière.Company details
What does GROUP 16 do?
According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
What is the legal form of GROUP 16?
GROUP 16 is a private limited company (BV).
When was GROUP 16 founded?
GROUP 16 was founded on 13-09-2021.
Is GROUP 16 still active?
Yes, GROUP 16 is an active enterprise in the KBO register.
How many employees does GROUP 16 have?
GROUP 16 had an average of 0.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of GROUP 16?
The turnover in financial year 2025 is ≈ €46,000. This figure is estimated from the gross margin of €28,368 and 51 comparable companies (NACE 682). It probably lies between €35,000 and €67,000.
Is GROUP 16 profitable?
In financial year 2025, GROUP 16 made a loss of €71,672.
Where can I find the annual accounts of GROUP 16?
GROUP 16 filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GROUP 16 due?
GROUP 16 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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