GROUP SP
ActiveThe computed 12-month bankruptcy probability of GROUP SP is 2.1% (moderate). The 2025 annual accounts show equity of €33k and a net result of €31k. Equity is growing by ~14.7% per year across the filed fiscal years. Its solvency ranks better than 19% of 27407 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+35
Solvency20▼-17
Growth78▲+26
Stability94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.87 against 0.97 in 2024), and 82.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
17.4%
Return on assets
16.4%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 27407 sector peers (2025).
NBB · sector comparisonPosition among 27407 sector peers
Solvency
better than 19%
← 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 filingsDeviation from the deadline
2025
on the day
2024
2 d early
2023
1 d early
2022
3 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€33k▼ 30.3%
2024 · €47k
2022: €18k
2023: €41k
2024: €47k
2022 → 2025
Total assets
€188k▲ 1.2%
2024 · €186k
2022: €144k
2023: €110k
2024: €186k
2022 → 2025
Net result
€31k▲ 409%
2024 · €6k
2022: €12k
2023: €22k
2024: €6k
2022 → 2025
Working capital
€-15k▼ 621%
2024 · €-2k
2022: €-15k
2023: €-406
2024: €-2k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€18k-€41k▲ 122%€47k▲ 14.9%€33k▼ 30.3%
Operating result€18k-€32k▲ 74.0%€11k▼ 64.5%€43k▲ 282%
Net result€12k-€22k▲ 81.7%€6k▼ 73.0%€31k▲ 409%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 282% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €188k
Fixed assets
€89k▼ 26.2%
Current assets
€99k▲ 51.4%
Equity and liabilities €188k
Equity
€33k▼ 30.3%
Debt
€155k▲ 11.8%
The debt ratio rises from 74.8% to 82.6%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€77k▲
2024 · €41k
Cash flow
€64k▲
2024 · €35k
Solvency
17.4%▼
2024 · 25.2%
Current ratio
0.87▼
2024 · 0.97
Quick ratio
0.72▲
2024 · 0.38
Debt / equity
4.76▲
2024 · 2.97
ROE
94.6%▲
2024 · 12.9%
ROA
16.4%▲
2024 · 3.3%
Interest coverage
23.96▲
2024 · 14.96
Debt
€155k▲
2024 · €139k
Debt ≤ 1 year
€114k▲
2024 · €68k
Debt > 1 year
€41k▼
2024 · €71k
Income taxes
€9k▲
2024 · €3k
Staff costs
€52k▲
2024 · €41k
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€186k€188k▲
Fixed assets21/28€120k€89k▼
Tangible fixed assets22/27€120k€89k▼
Land and buildings22€2k€1k▼
Plant, machinery and equipment23€60k€44k▼
Furniture and vehicles24€58k€43k▼
Current assets29/58€66k€99k▲
Stocks and contracts in progress3€40k€17k▼
Stocks30/36€26k€11k▼
Contracts in progress37€15k€6k▼
Amounts receivable within one year40/41€8k€2k▼
Trade receivables40€1k€1k▼
Other amounts receivable41€7k€454▼
Cash at bank and in hand54/58€17k€81k▲
Deferred charges and accrued income490/1€215€293▲
Equity and liabilities
Total equity and liabilities10/49€186k€188k▲
Equity10/15€47k€33k▼
Contributions10/11€6k€6k=
Reserves13€41k€27k▼
Distributable reserves133€41k€27k▼
Amounts payable17/49€139k€155k▲
Amounts payable after more than one year17€71k€41k▼
Financial debts170/4€71k€41k▼
Amounts payable within one year42/48€68k€114k▲
Current portion of amounts payable after more than one year42€30k€31k▲
Trade debts44€6k€9k▲
Suppliers440/4€6k€9k▲
Advances received on contracts in progress46€996-
Taxes, remuneration and social security45€17k€29k▲
Taxes450/3€12k€18k▲
Remuneration and social security454/9€5k€12k▲
Other amounts payable47/48€14k€45k▲
Income statement
Code20242025
Non-recurring operating income76A€4k-
Remuneration, social security and pensions62€41k€52k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€33k▲
Other operating charges640/8€977€1k▲
Gross operating margin9900€82k€129k▲
Operating profit (loss)9901€11k€43k▲
Financial income75/76B€39€21▼
Recurring financial income75€39€21▼
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€9k€40k▲
Income taxes67/77€3k€9k▲
Profit (loss) for the period9904€6k€31k▲
Profit (loss) for the period to be appropriated9905€6k€31k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6k€31k▲
Transfer from equity791/2-€20k
Transfer to equity691/2€6k€6k▼
To other reserves6921€6k€6k▼
Profit to be distributed694/7-€45k
Return on contributions (dividend)694-€45k
The notes to these accounts (8 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
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2022net €31k ▲409%
Operating result €43k, net result €31k, both a record.
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €6k ▼73%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Lierde · 1 establishment unit since 2021
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.
Nieuwe Wijk 469570 LierdeGround area
4,891 m²
Building footprint
620 m²
Volume, LiDAR
3,488 m³
Parcel 45050B1085/00D000, Flanders · tallest building 11.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GROUP SP
since 20212.320.298.693
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45050B1085/00D000 | Flanders | 4,891 m² | 1 · 620 m² | 11.7 m · 2 fl. |
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.
Recognitions · licences · registrations
Dual-learning approval
7 live approvals · 1 endedBinnenschrijnwerk en interieur duaal (so)
Interieurbouwer duaal (so)
Machinaal houtbewerker duaal (so)
Medewerker hout duaal (so)
Meubelmaker duaal (so)
Plaatser houten vloerbedekking duaal (so)
Show 1 more
Trappenmaker duaal (so)
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Of 19,947 companies in sector 43320 we hold annual accounts for 9,086. 6,867 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-08-2021
Fiscal year end30-09
Activities, NACEBEL
43320Joinery installation
43332Laying of wooden floor and wall coverings
43350Other building finishing work
43410Roofing work
43990Other specialised construction activities
43995Specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.