Summary
GROUP V is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €6.02M and a net result of €46k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 95% of 6157 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
33 d early
2022
31 d early
2021
31 d early
2020
31 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€6.02M▲ 0.8%
2023 · €5.97M
2018: €5.78Mlowest in 7 years
2019: €5.82M▲ +0.7% vs 2018
2020: €5.86M▲ +0.7% vs 2019
2021: €5.89M▲ +0.7% vs 2020
2022: €5.93M▲ +0.6% vs 2021
2023: €5.97M▲ +0.7% vs 2022
2024: €6.02M▲ +0.8% vs 2023highest in 7 years
2018 → 2024
Net result
€46k▲ 8.8%
2023 · €42k
2018: €40k
2019: €40k▲ +0.2% vs 2018
2020: €39k▼ -2.8% vs 2019
2021: €38k▼ -1.9% vs 2020
2022: €38k▼ -2.0% vs 2021lowest in 7 years
2023: €42k▲ +11.8% vs 2022
2024: €46k▲ +8.8% vs 2023highest in 7 years
2018 → 2024
Total assets
€6.03M▲ 0.8%
2023 · €5.98M
2018: €5.78Mlowest in 7 years
2019: €5.82M▲ +0.6% vs 2018
2020: €5.86M▲ +0.7% vs 2019
2021: €5.90M▲ +0.7% vs 2020
2022: €5.94M▲ +0.6% vs 2021
2023: €5.98M▲ +0.7% vs 2022
2024: €6.03M▲ +0.8% vs 2023highest in 7 years
2018 → 2024
Solvency
99.9%=
2023 · 100.0%
2018: 99.9%lowest in 7 years
2019: 100.0%▲ +0.1% vs 2018highest in 7 years
2020: 99.9%▼ -0.1% vs 2019
2021: 99.9%● -0.0% vs 2020
2022: 99.9%● +0.0% vs 2021
2023: 100.0%● +0.0% vs 2022
2024: 99.9%● -0.0% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€5.86M-€5.89M▲ 0.7%€5.93M▲ 0.6%€5.97M▲ 0.7%€6.02M▲ 0.8%
2020: €5.86Mlowest in 5 years
2021: €5.89M▲ +0.7% vs 2020
2022: €5.93M▲ +0.6% vs 2021
2023: €5.97M▲ +0.7% vs 2022
2024: €6.02M▲ +0.8% vs 2023highest in 5 years
Operating result€58k-€57k▼ 1.6%€56k▼ 1.9%€54k▼ 1.9%€56k▲ 2.2%
2020: €58khighest in 5 years
2021: €57k▼ -1.6% vs 2020
2022: €56k▼ -1.9% vs 2021
2023: €54k▼ -1.9% vs 2022lowest in 5 years
2024: €56k▲ +2.2% vs 2023
Net result€39k-€38k▼ 1.9%€38k▼ 2.0%€42k▲ 11.8%€46k▲ 8.8%
2020: €39k
2021: €38k▼ -1.9% vs 2020
2022: €38k▼ -2.0% vs 2021lowest in 5 years
2023: €42k▲ +11.8% vs 2022
2024: €46k▲ +8.8% vs 2023highest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 2% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €6.03M
Fixed assets
€5.67M =
Current assets
€351k ▲ 16.1%
Equity and liabilities €6.03M
Equity
€6.02M ▲ 0.8%
Debt
€6k ▲ 102%
Debt's share of the balance-sheet total stays at 0.1%.
Key figures and ratios
ROE
0.8%▲
2023 · 0.7%
ROA
0.8%▲
2023 · 0.7%
Debt ≤ 1 year
€6k▲
2023 · €3k
Income taxes
€21k▲
2023 · €20k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 36 lines
Balance sheet
Code20232024
Assets
Total assets20/58€5.98M€6.03M▲
Fixed assets21/28€5.67M€5.67M=
Financial fixed assets28€5.67M€5.67M=
Current assets29/58€303k€351k▲
Amounts receivable within one year40/41€272k€280k▲
Trade receivables40€33k€30k▼
Other amounts receivable41€238k€249k▲
Cash at bank and in hand54/58€31k€72k▲
Equity and liabilities
Total equity and liabilities10/49€5.98M€6.03M▲
Equity10/15€5.97M€6.02M▲
Contributions10/11€5.68M€5.68M=
Reserves13€294k€340k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€294k€340k▲
Amounts payable17/49€3k€6k▲
Amounts payable within one year42/48€3k€6k▲
Trade debts44€74€323▲
Suppliers440/4€74€323▲
Taxes, remuneration and social security45€3k€5k▲
Taxes450/3€3k€5k▲
Other amounts payable47/48€0-
Income statement
Code20232024
Other operating charges640/8€1k€1k▲
Gross operating margin9900€55k€57k▲
Operating profit (loss)9901€54k€56k▲
Financial income75/76B€8k€12k▲
Recurring financial income75€8k€12k▲
Financial charges65/66B€451€435▼
Recurring financial charges65€451€435▼
Profit (loss) for the period before taxes9903€62k€67k▲
Income taxes67/77€20k€21k▲
Profit (loss) for the period9904€42k€46k▲
Profit (loss) for the period to be appropriated9905€42k€46k▲
Appropriation of the result
Profit (loss) to be appropriated9906€42k€46k▲
Transfer to equity691/2€42k€46k▲
To other reserves6921€42k€46k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €868 | €992 | €1k | €1k | ▲ 0.7% |
| Gross operating margin9900 | €58k | €57k | €57k | €55k | €57k | ▲ 2.2% |
| Operating profit (loss)9901 | €58k | €57k | €56k | €54k | €56k | ▲ 2.2% |
| Financial income75/76B | - | - | - | €8k | €12k | ▲ 55.0% |
| Recurring financial income75 | - | - | - | €8k | €12k | ▲ 55.0% |
| Financial charges65/66B | - | €313 | €352 | €451 | €435 | ▼ 3.6% |
| Recurring financial charges65 | €163 | €313 | €352 | €451 | €435 | ▼ 3.6% |
| Profit (loss) for the period before taxes9903 | €57k | €56k | €55k | €62k | €67k | ▲ 8.8% |
| Income taxes67/77 | €18k | €18k | €18k | €20k | €21k | ▲ 8.8% |
| Profit (loss) for the period9904 | €39k | €38k | €38k | €42k | €46k | ▲ 8.8% |
| Profit (loss) for the period to be appropriated9905 | €39k | €38k | €38k | €42k | €46k | ▲ 8.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.86M | €5.90M | €5.94M | €5.98M | €6.03M | ▲ 0.8% |
| Fixed assets21/28 | €5.67M | €5.67M | €5.67M | €5.67M | €5.67M | = |
| Financial fixed assets28 | €5.67M | €5.67M | €5.67M | €5.67M | €5.67M | = |
| Current assets29/58 | €186k | €225k | €262k | €303k | €351k | ▲ 16.1% |
| Amounts receivable within one year40/41 | €45k | €58k | €45k | €272k | €280k | ▲ 3.0% |
| Trade receivables40 | - | €56k | €42k | €33k | €30k | ▼ 9.6% |
| Other amounts receivable41 | - | €2k | €2k | €238k | €249k | ▲ 4.8% |
| Cash at bank and in hand54/58 | €141k | €168k | €217k | €31k | €72k | ▲ 130% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.86M | €5.90M | €5.94M | €5.98M | €6.03M | ▲ 0.8% |
| Equity10/15 | €5.86M | €5.89M | €5.93M | €5.97M | €6.02M | ▲ 0.8% |
| Contributions10/11 | - | €5.68M | €5.68M | €5.68M | €5.68M | = |
| Reserves13 | €176k | €214k | €252k | €294k | €340k | ▲ 15.6% |
| Non-distributable reserves130/1 | - | €137k | €137k | €0 | - | - |
| Reserves not available under the articles1311 | - | €137k | €137k | €0 | - | - |
| Distributable reserves133 | - | €78k | €115k | €294k | €340k | ▲ 15.6% |
| Amounts payable17/49 | €4k | €5k | €4k | €3k | €6k | ▲ 102% |
| Amounts payable within one year42/48 | €4k | €5k | €4k | €3k | €6k | ▲ 102% |
| Trade debts44 | €356 | €1k | €0 | €74 | €323 | ▲ 336% |
| Suppliers440/4 | - | €1k | €0 | €74 | €323 | ▲ 336% |
| Taxes, remuneration and social security45 | - | €3k | €3k | €3k | €5k | ▲ 95.5% |
| Taxes450/3 | - | €3k | €3k | €3k | €5k | ▲ 95.5% |
| Other amounts payable47/48 | - | €803 | €1k | €0 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €39k | €38k | €38k | €42k | €46k | ▲ 8.8% |
| Operating cash flow (approximation) | €39k | €38k | €38k | €42k | €46k | ▲ 8.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €27k | €49k | €-186k | €40k | ▲ 122% |
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
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €46k ▲8.8%
Net result €46k, the highest in the series.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €38k ▼2%
Net result drops to €38k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Liquidity times 6current ratio 115.17
Current ratio from 19.14 to 115.17; short-term debt falls from €6k to €1k.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
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.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Hasselt · 1 establishment unit since 2016
Ground area
3,031 m²
Building footprint
351 m²
Volume, LiDAR
1,872 m³
Parcel 71322B0649/00S010, Flanders · tallest building 7.3 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
GROUP V
since 20162.252.150.453
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71322B0649/00S010 | Flanders | 3,031 m² | 1 · 351 m² | 7.3 m · 1 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.
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Of 24,727 companies in sector 64210 we hold annual accounts for 19,768. 7,537 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
Founded28-02-2016
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
Scores and ratios are computed by Checked and are not a credit decision.