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GROUP SP

Active
Private limited companyfounded 2021active for 5 yearsNieuwe Wijk 46, 9570 Lierde, BelgiumKBO/BCE: BE 0772.449.503

From the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

GROUP SP has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32,580 and a net result of €30,808. Equity has been growing by about 15% per year since 2022. Its solvency ranks better than 20% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Official details

KBO
Status
Active since 11-08-2021 Normal situation
Activity
Joinery installation NACE 43320and 4 others
Establishment unit
2.320.298.693 9570 Lierde, since 11-08-2021
Financial year end
30 September
Peppol
Reachable since 25-03-2024

Board and ownership

Board
  • Praet StijnDirector

Financial position

69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts to 30-09-2025
Gross margin
€129,363
▲ 57.2%
Turnover
≈ €510,000
estimated
Profit
€30,808
▲ 409%
Equity
€32,580
▼ 30.3%
Total assets
€187,745
▲ 1.2%
Staff
1.4 FTE
▲ 40.0%
Filed on 30-04-2026, on timePDF
Score breakdownraises riskFounded in 2021Equity €32,580 (17.4% of total assets)Sector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 0.87, cash €80,910Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 44% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 42-8
equity 17.4% of total assets
Liquidity 68+23
short-term debt 60.8% · cash 43.1%
Profitability 89+16
return on assets 16.4%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 0.9% 12-2024: 0.9%● unchanged vs 11-2024 01-2025: 1.0%▲ +0.1 percentage points vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 0.9%▼ -0.1 percentage points vs 03-2025 05-2025: 1.3%▲ +0.4 percentage points vs 04-2025 06-2025: 1.3%● unchanged vs 05-2025 07-2025: 1.3%● unchanged vs 06-2025 08-2025: 1.3%● unchanged vs 07-2025 09-2025: 1.3%● unchanged vs 08-2025 10-2025: 1.2%▼ -0.1 percentage points vs 09-2025 11-2025: 1.2%● unchanged vs 10-2025 12-2025: 1.2%● unchanged vs 11-2025 01-2026: 1.4%▲ +0.2 percentage points vs 12-2025 02-2026: 1.5%▲ +0.1 percentage points vs 01-2026 03-2026: 1.5%● unchanged vs 02-2026 04-2026: 1.6%▲ +0.1 percentage points vs 03-2026 05-2026: 2.1%▲ +0.5 percentage points vs 04-2026highest value 06-2026: 0.7%▼ -1.4 percentage points vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 0.7%● unchanged vs 07-2026 09-2026: 0.7%● unchanged vs 08-2026 10-2026: 0.6%▼ -0.1 percentage points vs 09-2026lowest value
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.87 (0.97 in 2024), below 1. Short-term debt is 60.8% and cash 43.1% of total assets. 82.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 19% of them on solvency, 67% on liquidity, 75% on profitability and 14% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 0.87, cash €80,910
NBB · annual accounts
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Equity €32,580 (17.4% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 34902 sector peers (2025).
NBB · sector comparison
Position among 34902 sector peers
Solvency
better than 20%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
on the day
2024
2 days early
2023
1 day early
2022
3 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 2 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 29 April (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end01-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower solvency than 80% of companies in specialised constructionsector median 46.7% · 34,902 companies 17.4% View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View

Comparable companies

These companies have the same main activity as GROUP SP: joinery installation (NACE 43320). They are comparable in size and age: total assets between €164,000 and €202,000, founded between 2020 and 2021.

CompanyTotal assetsGross margin
GROUP SP Lierde€187,745€129,363
Wood & Stone Deinze€186,422€129,675
SCHRIJNWERKERIJ LABEEUW Evergem€195,137€122,967
GoZa Assenede€202,395€107,113
NDC Projects Lochristi€163,658€120,956
Liv-Art Merksplas€170,363€131,904
Menuiserie Michel Dans Donceel€186,781€140,495
Full comparison

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about GROUP SP

What is the company number of GROUP SP?
The company number of GROUP SP is 0772.449.503. The VAT number is the same number with BE in front: BE 0772.449.503.
Where is GROUP SP based?
The registered office is at Nieuwe Wijk 46, 9570 Lierde.Company details
What does GROUP SP do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of GROUP SP?
The legal form of GROUP SP is Private limited company (BV).
When was GROUP SP founded?
GROUP SP was founded on 11-08-2021.
Is GROUP SP still active?
Yes, GROUP SP is an active enterprise in the KBO register.
How many employees does GROUP SP have?
GROUP SP had an average of 1.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of GROUP SP?
The turnover in financial year 2025 is ≈ €510,000. This figure is estimated from the gross margin of €129,363 and 37 comparable companies (NACE 43320). It probably lies between €340,000 and €640,000.
Is GROUP SP profitable?
In financial year 2025, GROUP SP made a profit of €30,808.
Where can I find the annual accounts of GROUP SP?
GROUP SP filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of GROUP SP due?
GROUP SP must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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