GROUP N
ActiveGROUP N has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €489k and a net result of €3k. Equity is growing by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 14009 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability36▼-2
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 26.57 against 4.01 in 2024; short-term debt: 3.7% and cash: 1.2% of total assets), and 3.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers 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
Sector 68
lower
← 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
96.3%
Return on assets
0.6%
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
1 d early
2023
22 d early
2022
19 d early
2021
27 d early
2020
24 d early
2019
on the day
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€489k▲ 0.6%
2024 · €486k
2018: €72k
2019: €293k
2020: €337k
2021: €402k
2022: €473k
2023: €487k
2024: €486k
2018 → 2025
Total assets
€508k▼ 21.4%
2024 · €647k
2018: €729k
2019: €841k
2020: €647k
2021: €903k
2022: €570k
2023: €690k
2024: €647k
2018 → 2025
Net result
€3k▼ 66.0%
2024 · €9k
2018: €9k
2019: €261k
2020: €44k
2021: €65k
2022: €72k
2023: €14k
2024: €9k
2018 → 2025
Working capital
€487k▲ 0.7%
2024 · €483k
2018: €203k
2019: €275k
2020: €323k
2021: €391k
2022: €467k
2023: €483k
2024: €483k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€402k-€473k▲ 17.8%€487k▲ 2.9%€486k▼ 0.1%€489k▲ 0.6%
Operating result€95k-€142k▲ 49.6%€41k▼ 71.3%€16k▼ 60.7%€8k▼ 51.2%
Net result€65k-€72k▲ 10.3%€14k▼ 81.0%€9k▼ 37.2%€3k▼ 66.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 51% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €508k
Fixed assets
€3k▼ 20.0%
Current assets
€506k▼ 21.4%
Equity and liabilities €508k
Equity
€489k▲ 0.6%
Debt
€19k▼ 88.1%
The debt ratio falls from 24.8% to 3.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€9k▼
2024 · €17k
Cash flow
€4k▼
2024 · €9k
Solvency
96.3%▲
2024 · 75.2%
Current ratio
26.57▲
2024 · 4.01
Quick ratio
25.88▲
2024 · 2.77
Debt / equity
0.04▼
2024 · 0.33
ROE
0.6%▼
2024 · 1.8%
ROA
0.6%▼
2024 · 1.3%
Interest coverage
1.99▼
2024 · 2.11
Debt
€19k▼
2024 · €160k
Debt ≤ 1 year
€19k▼
2024 · €160k
Income taxes
€7k▼
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€647k€508k▼
Fixed assets21/28€3k€3k▼
Tangible fixed assets22/27€3k€2k▼
Furniture and vehicles24€3k€2k▼
Financial fixed assets28€474€474=
Current assets29/58€643k€506k▼
Amounts receivable after more than one year29€20k-
Other amounts receivable291€20k-
Stocks and contracts in progress3€200k€13k▼
Stocks30/36€200k€13k▼
Amounts receivable within one year40/41€420k€486k▲
Trade receivables40€10k€109k▲
Other amounts receivable41€409k€378k▼
Cash at bank and in hand54/58€4k€6k▲
Equity and liabilities
Total equity and liabilities10/49€647k€508k▼
Equity10/15€486k€489k▲
Contributions10/11€19k€19k=
Reserves13€468k€471k▲
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€466k€471k▲
Amounts payable17/49€160k€19k▼
Amounts payable within one year42/48€160k€19k▼
Financial debts43€100k-
Credit institutions430/8€100k-
Trade debts44€27k€4k▼
Suppliers440/4€27k€4k▼
Advances received on contracts in progress46€179€178▼
Taxes, remuneration and social security45€10k€7k▼
Taxes450/3€9k€7k▼
Remuneration and social security454/9€346€346=
Other amounts payable47/48€24k€7k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€683€683=
Other operating charges640/8€1k€3k▲
Gross operating margin9900€18k€12k▼
Operating profit (loss)9901€16k€8k▼
Financial income75/76B€9k€6k▼
Recurring financial income75€9k€6k▼
Financial charges65/66B€8k€4k▼
Recurring financial charges65€8k€4k▼
Profit (loss) for the period before taxes9903€17k€10k▼
Income taxes67/77€9k€7k▼
Profit (loss) for the period9904€9k€3k▼
Profit (loss) for the period to be appropriated9905€9k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€3k▼
Transfer from equity791/2€9k-
Transfer to equity691/2€9k€3k▼
To other reserves6921€9k€3k▼
Profit to be distributed694/7€9k-
Return on contributions (dividend)694€9k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €3k ▼66%
Net result drops to €3k, the lowest in the series.
31-12
Financial
Liquidity times 7current ratio 26.57
Current ratio from 4.01 to 26.57; short-term debt falls from €160k to €19k.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity triplescurrent ratio 5.83
Current ratio from 1.78 to 5.83; short-term debt falls from €501k to €97k.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €261k ▲2775%
Operating result €233k, net result €261k, both a record.
31-12
Financial
Equity above €200kEq €293k ▲308%
2 profitable years in a row build equity to €293k.
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Heusden-Zolder · 1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Galgeneinde 123550 Heusden-ZolderGround area
2,054 m²
Building footprint
414 m²
Parcel 71462D0382/00H000, Flanders. Linked by address, not a title deed.
1 establishment unit
Group N
since 20102.190.202.689
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71462D0382/00H000 | Flanders | 2,054 m² | 1 · 414 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
BATIMONT INVEST
BE 0763.620.424
Roeselare · Eq €489k
PHBR
BE 0597.644.120
Namur · Eq €489k
2MY CONSULTING
BE 0752.564.305
Manage · Eq €489k
KARTHUIZER DEVELOPMENT
BE 0835.272.641
Roeselare · Eq €490k
MAGRITTE IMMO
BE 1002.173.712
Ans · Eq €489k
Of 9,697 companies in sector 68121 we hold annual accounts for 7,382. 4,723 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-02-2010
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
68122Development of non-residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:driesnys@hotmail.com
Phone:0472733700