GROUP 16
ActiveSummary
GROUP 16 has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€48,416) and a net result of -€71,672. Equity is shrinking by ~51.8% per year across the filed fiscal years. Its solvency ranks better than 16% of 14258 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability14▼-53
Solvency20▼-7
Growth32▼-26
Track record94
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.05 against 0.03 in 2024; short-term debt: 30.2% and cash: 0.4% of total assets), and equity is negative.
Credit check for your own amount and term
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
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-5.2%
Return on assets
-7.7%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year -€48,416
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 01-07-2026, 30 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
30 d early
2024
9 d early
2023
28 d late
2022
58 d late
2021
29 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 15 days after 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. Usually files around 29 August (4 of the last 5 filed years within 38 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
-€48,416
2024 · €23,256
Total assets
€931,031▼ 3.7%
2024 · €966,934
Net result
-€71,672▼ 635%
2024 · -€9,752
Working capital
-€266,818▼ 38.6%
2024 · -€192,474
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-€25,990-€1,132-€20,248-€8,915▲ 56.0%-€34,737▼ 290%
Net result-€28,085below the sector's middle half--€8,564below the sector's middle half▲ 69.5%-€30,343below the sector's middle half▼ 254%-€9,752within the sector's middle half▲ 67.9%-€71,672below the sector's middle half▼ 635%
Equity€71,915within the sector's middle half-€63,351within the sector's middle half▼ 11.9%€33,008within the sector's middle half▼ 47.9%€23,256within the sector's middle half▼ 29.5%-€48,416below the sector's middle half
Total assets€1.0mwithin the sector's middle half-€1.1mwithin the sector's middle half▲ 2.6%€1.0mwithin the sector's middle half▼ 4.4%€966,934within the sector's middle half▼ 4.3%€931,031within the sector's middle half▼ 3.7%
Debt€957,379-€992,603▲ 3.7%€976,911▼ 1.6%€943,678▼ 3.4%€979,447▲ 3.8%
Working capital-€500,341below the sector's middle half--€170,645below the sector's middle half▲ 65.9%-€210,807below the sector's middle half▼ 23.5%-€192,474below the sector's middle half▲ 8.7%-€266,818below the sector's middle half▼ 38.6%
Solvency7.0%within the sector's middle half-6.0%within the sector's middle half▼ 1.0pp3.3%below the sector's middle half▼ 2.7pp2.4%below the sector's middle half▼ 0.9pp-5.2%below the sector's middle half▼ 7.6pp
Current ratio0.03below the sector's middle half-0.03below the sector's middle half▼ 0.010.02below the sector's middle half▼ 0.010.03below the sector's middle half▲ 0.010.05below the sector's middle half▲ 0.02
Return on assets (ROA)-2.7%below the sector's middle half--0.8%within the sector's middle half▲ 1.9pp-3.0%below the sector's middle half▼ 2.2pp-1.0%within the sector's middle half▲ 2.0pp-7.7%below the sector's middle half▼ 6.7pp
Staff (FTE)0.6
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.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €34,737 in 2025 against €8,915 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €931,031
Fixed assets
€916,695 ▼ 4.7%
Current assets
€14,336 ▲ 162%
Key figures and ratios
EBITDA
€10,241▼
2024 · €36,062
Cash flow
-€26,694▼
2024 · €35,226
Debt to equity
-20.23▼
2024 · 40.58
Interest coverage
0.54▼
2024 · 43.12
Debt ≤ 1 year
€281,154▲
2024 · €197,945
Debt > 1 year
€698,293▼
2024 · €745,733
Staff costs
€1,854
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,564 companies that looked in July 2024 the way this one looks now, 5.1% went bankrupt within 24 months and 89% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a small loss
5.1%
went bankrupt
5.4%
stopped otherwise
89%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 1,564 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 | - | - | - | - | €1,854 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,858 | €0 | €44,978 | €44,978 | €44,978 | = |
| Other operating charges640/8 | €1,499 | €12,581 | €13,755 | €14,441 | €16,273 | ▲ 12.7% |
| Gross operating margin9900 | -€18,632 | €13,712 | €38,484 | €50,503 | €28,368 | ▼ 43.8% |
| Operating profit (loss)9901 | -€25,990 | €1,132 | -€20,248 | -€8,915 | -€34,737 | ▼ 290% |
| Financial income75/76B | - | €0 | - | - | - | - |
| Recurring financial income75 | - | €0 | - | - | - | - |
| Financial charges65/66B | €2,096 | €9,696 | €10,095 | €836 | €36,935 | ▲ 4,316% |
| Recurring financial charges65 | €2,096 | €9,696 | €10,095 | €836 | €18,819 | ▲ 2,150% |
| Non-recurring financial charges66B | - | - | - | - | €18,116 | - |
| Profit (loss) for the period before taxes9903 | -€28,085 | -€8,564 | -€30,343 | -€9,752 | -€71,672 | ▼ 635% |
| Profit (loss) for the period9904 | -€28,085 | -€8,564 | -€30,343 | -€9,752 | -€71,672 | ▼ 635% |
| Profit (loss) for the period to be appropriated9905 | -€28,085 | -€8,564 | -€30,343 | -€9,752 | -€71,672 | ▼ 635% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.0m | €1.1m | €1.0m | €966,934 | €931,031 | ▼ 3.7% |
| Fixed assets21/28 | €1.0m | €1.1m | €1.0m | €961,463 | €916,695 | ▼ 4.7% |
| Tangible fixed assets22/27 | €1.0m | €1.1m | €1.0m | €961,463 | €916,485 | ▼ 4.7% |
| Land and buildings22 | €1.0m | €1.1m | €1.0m | €961,463 | €916,485 | ▼ 4.7% |
| Financial fixed assets28 | - | - | - | - | €210 | - |
| Current assets29/58 | €16,390 | €4,536 | €3,478 | €5,471 | €14,336 | ▲ 162% |
| Amounts receivable within one year40/41 | €8,129 | €1,317 | €539 | €2,366 | €8,171 | ▲ 245% |
| Trade receivables40 | €3,630 | €1,086 | €178 | €2,005 | €8,115 | ▲ 305% |
| Other amounts receivable41 | €4,499 | €231 | €361 | €361 | €56 | ▼ 84.5% |
| Cash at bank and in hand54/58 | €6,912 | €3,219 | €2,939 | €1,166 | €4,151 | ▲ 256% |
| Deferred charges and accrued income490/1 | €1,349 | €0 | - | €1,939 | €2,014 | ▲ 3.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.0m | €1.1m | €1.0m | €966,934 | €931,031 | ▼ 3.7% |
| Equity10/15 | €71,915 | €63,351 | €33,008 | €23,256 | -€48,416 | ▼ 308% |
| Contributions10/11 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Profit (loss) carried forward14 | -€28,085 | -€36,649 | -€66,992 | -€76,744 | -€148,416 | ▼ 93.4% |
| Amounts payable17/49 | €957,379 | €992,603 | €976,911 | €943,678 | €979,447 | ▲ 3.8% |
| Amounts payable after more than one year17 | €440,648 | €817,423 | €762,625 | €745,733 | €698,293 | ▼ 6.4% |
| Financial debts170/4 | €440,648 | €817,423 | €762,625 | €720,733 | €677,493 | ▼ 6.0% |
| Other amounts payable178/9 | - | - | - | €25,000 | €20,800 | ▼ 16.8% |
| Amounts payable within one year42/48 | €516,732 | €175,180 | €214,285 | €197,945 | €281,154 | ▲ 42.0% |
| Current portion of amounts payable after more than one year42 | €20,575 | €45,641 | €54,797 | €41,892 | €47,150 | ▲ 12.5% |
| Trade debts44 | €406,089 | €17,916 | €9,149 | €6,771 | €17,514 | ▲ 159% |
| Suppliers440/4 | €406,089 | €17,916 | €9,149 | €6,771 | €17,514 | ▲ 159% |
| Taxes, remuneration and social security45 | - | €1,684 | €4,461 | €293 | €4,307 | ▲ 1,368% |
| Taxes450/3 | - | €1,684 | €4,461 | €293 | €3,263 | ▲ 1,012% |
| Remuneration and social security454/9 | - | - | - | - | €1,043 | - |
| Other amounts payable47/48 | €90,068 | €109,939 | €145,878 | €148,988 | €212,184 | ▲ 42.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€28,085 | -€8,564 | -€30,343 | -€9,752 | -€71,672 | ▼ 635% |
| + Depreciation and write-downs630 | €5,858 | €0 | €44,978 | €44,978 | €44,978 | = |
| Operating cash flow (approximation) | -€22,227 | -€8,564 | €14,634 | €35,226 | -€26,694 | ▼ 176% |
| Investment in fixed assets (approximation) | - | -€38,514 | €0 | €0 | -€210 | - |
| Change in cash | - | -€3,693 | -€280 | -€1,773 | €2,985 | ▲ 268% |
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
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet -€71,672
Net result drops to -€71,672, the lowest in the series.
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
27-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 58 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, La Louvière · 1 establishment unit since 2021
Ground area
4,550 m²
Building footprint
222 m²
Volume, LiDAR
2,468 m³
Parcel 55022A0307/00P000, Wallonia · tallest building 13.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
GROUPE 16
since 20212.323.161.975
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55022A0307/00P000 ProtectedSite or landscape |
Wallonia | 4,550 m² | 1 · 221 m² | 13.6 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Similar companies · same sector, comparable size
CAT
BE 0716.951.150
Schaarbeek · Eq €23,247
FAM.C.
BE 1003.986.919
Lint · Eq €23,320
RAFANO
BE 0446.890.777
Maarkedal · Eq €23,325
ECOFARM
BE 0447.924.026
Sint-Niklaas · Eq €23,178
GOLA invest
BE 1007.312.039
Boortmeerbeek · Eq €23,336
Of 9,145 companies in sector 68201 we hold annual accounts for 6,776. 2,417 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-09-2021
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Contact
E-mail
info@16gin.com
Phone
+32497546193
E-invoicing
Reachable via Peppol
Peppol ID
0208:0773768901
Also
9925:BE0773768901
Registered
27-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.