Financials
- Financial year
- 2025
- Total assets
- €44,862
- Profit
- €9,551
- Solvency
- 27.7%
Total assets▲ 67.2%
Net result
20182025
Group X
ActiveSummary
Group X has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12,449 and a net result of €9,551. Equity is growing by about 7.7% per year across the filed financial years. Its solvency ranks better than 29% of 34,678 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Activity
Specialised construction activities
NACE 43343
1 site
Size
€44,862total assets 2025
- Equity
- €12,449
- Profit
- €9,551
Turnover not published (micro format)
Why 72raises risk1 change of registered office in 24 monthsSize: total assets €44,862lowers riskLiquidity: current ratio 1.05, cash €18,706Figures for financial year 2025 (filed 30-06-2026)Show the evidence
Checked score
Score 2025
72
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 67% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency
53+17
equity 27.7% of total assets
Liquidity
61+2
short-term debt 72.3% · cash 41.7%
Profitability
95+28
return on assets 21.3%
Bankruptcy probability, 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).
Last 24 months
11-2024: 1.5%
12-2024: 1.5%● unchanged vs 11-2024
01-2025: 1.5%● unchanged vs 12-2024
02-2025: 1.5%● unchanged vs 01-2025
03-2025: 1.5%● unchanged vs 02-2025
04-2025: 2.8%▲ +1.3 percentage points vs 03-2025
05-2025: 3.0%▲ +0.2 percentage points vs 04-2025highest value
06-2025: 2.9%▼ -0.1 percentage points vs 05-2025
07-2025: 1.0%▼ -1.9 percentage points vs 06-2025
08-2025: 0.9%▼ -0.1 percentage points vs 07-2025
09-2025: 0.9%● unchanged vs 08-2025
10-2025: 0.9%● unchanged vs 09-2025
11-2025: 0.8%▼ -0.1 percentage points vs 10-2025
12-2025: 0.8%● unchanged vs 11-2025
01-2026: 0.8%● unchanged vs 12-2025
02-2026: 0.8%● unchanged vs 01-2026
03-2026: 0.8%● unchanged vs 02-2026
04-2026: 0.9%▲ +0.1 percentage points vs 03-2026
05-2026: 1.1%▲ +0.2 percentage points vs 04-2026
06-2026: 1.1%● unchanged vs 05-2026
07-2026: 1.1%● unchanged vs 06-2026
08-2026: 1.4%▲ +0.3 percentage points vs 07-2026
09-2026: 2.0%▲ +0.6 percentage points vs 08-2026
10-2026: 0.6%▼ -1.4 percentage points vs 09-2026lowest value
Credit of up to €500 on 30-day terms is acceptable
Liquidity tight (current ratio 1.05, compared with 0.83 in 2024, below the usual 1.5; short-term debt: 72.3% and cash: 41.7% of total assets), and 72.3% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 29% on solvency, 59% on liquidity, 81% on profitability and 98% on growth.
The bankruptcy probability was computed on 23-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
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 30-06-2026, 31 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
31 days early
2024
31 days early
2023
30 days late
2022
30 days late
2021
9 days early
2020
26 days late
2019
37 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 3 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 July (4 of the last 5 filed years within 39 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Highest result from 2018 to 2025net €9,551 ▲59.3%
- Annual accounts filedfinancial year 2024 · micro…
Key points
By topic
Board & ownership
- Board
- 1 member
- DAEM KevinDirector
Timeline
- Events
- 13
- Since
- 2019
- Next accounts
- by 31-07-2027
- 05-03-2025Resignation: DAEM Kevin (manager)
- 31-12-2024Back to profit
- 30-08-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Specialised construction activitiesNACE 43343
- Founded
- 20-06-2017
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 32
- Who signs
- Each director alone
- Annual meeting
- First Friday of June at 18:00
- Purpose
- “Leveren en plaatsen van diverse glaswerken op maat; Handel en productie van alle…” (deed in Dutch)
Key facts about Group X
- What is the company number of Group X?
- 0676.992.197. In Belgium the VAT number is the company number with BE in front: BE 0676.992.197.
- Where is Group X based?
- The registered office is at Gote(Oph) 29, 9500 Geraardsbergen.Company details
- What does Group X do?
- According to the KBO register, the main activity is specialised construction activities (NACE 43343).
- What is the legal form of Group X?
- Private limited company (BV).
- When was Group X founded?
- On 20-06-2017.
- Is Group X still active?
- Yes, Group X is an active enterprise in the KBO register.
- How many employees does Group X have?
- On average 0.5 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of Group X?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is Group X profitable?
- In financial year 2025, Group X made a profit of €9,551.
- Where can I find the annual accounts of Group X?
- Group X filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Group X due?
- By 31-07-2027, for financial year 2026.Timeline
Companies related to Group X
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