Turnover
≈ €590,000 estimated
The micro format states no turnover.
Grova
Lifetime
1 annual account with figurespeak €178,857 (2025)
€178,857
peak €76,767 (2025)
€76,767
peak €69,767 (2025)
€69,767
€274,997
Board1 name since 2024
1 director
Documentsfilings and deeds
30-01-20261 day before the deadline
2025micro format
First year with figures
Key points
from the 2025 annual accountsDebts
€274,997 80% of the balance sheet
Suppliers 22%Taxes and wages 8%Other 70%
Position in the sector
€76,767
Higher net result than 92% of companies in specialised construction. Sector median €9,999 · 37,159 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 7,974 companies had the same profile as Grova has now. Each dot stands for 20 companies, two years later.
94.4%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,974 companies, not a prediction for Grova. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1008890664
Incorporation
Founding capital of €5,000, 100 shares · Founder: (enig oprichter) · Appointment: (director) · published on 02-05-2024 · Gazette deed
First establishment
Veurnestraat 103, Diksmuide
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Grova Diksmuide | €344,764 | €178,857 | 20.2% | - |
| Grondwerken Delanote Heuvelland | €440,580 | €165,685 | 11.5% | - |
| Gert-Jan Ongena Zele | €300,794 | €158,342 | 29.5% | - |
| Traveco Wellin | €389,561 | €146,588 | 14.9% | - |
| Grondwerken Byttebier Ingelmunster | €327,274 | €165,350 | 45.5% | - |
| Grondwerken Dieter Patteeuw Anzegem | €314,151 | €169,586 | 26.6% | - |
| MAXIM BOEY Bredene | €342,086 | €130,697 | 37.0% | - |
These companies have the same main activity as Grova: site preparation (NACE 43120). They are comparable in size and age: total assets between €301,000 and €441,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 29-04-2024Normal situation
- Activity
- Site preparationNACE 43120and 9 others
- Establishment unit
- 2.359.167.2868600 Diksmuide, since 29-04-2024
- Financial year end
- 30 June
- Peppol
- Reachable since 05-06-2025
Annual accounts to 30-06-2025
- €344,764
- Filing
- Filed on 30-01-2026, 1 day before the end of the filing period
Insights on Grova
Grova has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €69,767 and a net result of €76,767.
Its solvency ranks better than 22% of 37,177 sector peers (NACE 43, financial year 2025).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Grova
- What is the company number of Grova?
- The company number of Grova is 1008.890.664. The VAT number is the same number with BE in front: BE 1008.890.664.
- Where is Grova based?
- The registered office is at Veurnestraat 103, 8600 Diksmuide.Company details
- What does Grova do?
- According to the KBO register, the main activity is site preparation (NACE 43120).
- What is the legal form of Grova?
- Grova is a private limited company (BV).
- When was Grova founded?
- Grova was founded on 29-04-2024.
- Is Grova still active?
- Yes, Grova is an active enterprise in the KBO register.
- What is the turnover of Grova?
- The turnover in financial year 2025 is ≈ €590,000. This figure is estimated from the gross margin of €178,857 and 232 comparable companies (NACE 43). It probably lies between €450,000 and €820,000.Financials
- Is Grova profitable?
- In financial year 2025, Grova made a profit of €76,767.
- Where can I find the annual accounts of Grova?
- Grova filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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