GROWO

Active

Private limited companyfounded 2005active for 21 yearsGermelaerstraat 40, 2243 Zandhoven, BelgiumKBO/BCE: BE 0870.946.370

From the official registers: KBO 21 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

GROWO has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €148,309 and a net result of €3,163. Equity is growing by about 8% per year across the filed financial years. Its solvency ranks better than 48% of 34,855 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Risk analysisFollow Report Compare

GROWOActiveChecked score 68/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 03-01-2005 Normal situation
Legal form: Private limited company
Registered office: Germelaerstraat 40, 2243 Zandhoven
Activity: Site preparation NACE 43120and 2 others
Establishment unit: 2.145.398.191 2243 Zandhoven, since 03-01-2005
Financial year end: 31 December
Peppol: Reachable since 21-10-2026

Company details

Who decides

Board

Davy WoutersDirector

Board & ownership

How it is doing

68 Healthy Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.7%

Annual accounts 2025

Gross margin: €63,487; ▼ 48.3%
Turnover: ≈ €250,000; estimated
Profit: €3,163; ▼ 91.7%
Equity: €148,309; ▼ 21.8%
Total assets: €326,537; ▼ 29.3%

2025 accounts 31 days early

Filed on 30-06-2026at the National Bank

Financials

Why 68raises riskLiquidity: current ratio 1.66Sector: Specialised construction activities (NACE 43)Profit of €3,163 (financial year 2025)lowers riskFounded in 2005Show the evidence

Checked score

Score 2025

68 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Financially better than 39% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 70+4

equity 45.4% of total assets

Liquidity 56+4

short-term debt 45.1%

Profitability 70-9

return on assets 1.0%

Bankruptcy probability, 12 months

0.7% Low

0%0.5%1.5%4%10%≥ 25%

About 7 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: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024lowest value 02-2025: 0.3%● unchanged vs 01-2025lowest value 03-2025: 0.3%● unchanged vs 02-2025lowest value 04-2025: 0.4%▲ +0.1 percentage points vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.3%▼ -0.1 percentage points vs 05-2025 07-2025: 0.5%▲ +0.2 percentage points vs 06-2025 08-2025: 0.6%▲ +0.1 percentage points vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.7%▲ +0.1 percentage points vs 03-2026 05-2026: 0.6%▼ -0.1 percentage points vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.7%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 0.7%● unchanged vs 07-2026highest value 09-2026: 0.7%● unchanged vs 08-2026highest value 10-2026: 0.7%● unchanged vs 09-2026highest value

Credit of up to €10,000 on 30-day terms is acceptable

Liquidity ample (current ratio 1.66, compared with 1.52 in 2024, above the usual 1.5; short-term debt: 45.1% of total assets), but 54.6% 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 49% on solvency, 53% on liquidity, 37% on profitability and 17% 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. 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

Liquidity: current ratio 1.66

NBB · annual accounts

Founded in 2005

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Sector: Specialised construction activities (NACE 43)

KBO

Profit of €3,163 (financial year 2025)

NBB · annual accounts

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 · 10 filings

Deviation from the deadline

2025

31 days early

2024

14 days early

2023

on the day

2022

on the day

2021

4 days early

2020

24 days late

2019

4 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 4 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)

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 27 July (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

01-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Positive: 8 profitable years in a rowprofit 2025: €3,163 8 years View
Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

Documents

Key facts about GROWO

What is the company number of GROWO?: 0870.946.370. In Belgium the VAT number is the company number with BE in front: BE 0870.946.370.
Where is GROWO based?: The registered office is at Germelaerstraat 40, 2243 Zandhoven.Company details
What does GROWO do?: According to the KBO register, the main activity is site preparation (NACE 43120).
What is the legal form of GROWO?: Private limited company (BV).
When was GROWO founded?: On 03-01-2005.
Is GROWO still active?: Yes, GROWO is an active enterprise in the KBO register.
What is the turnover of GROWO?: ≈ €250,000 in financial year 2025. Estimated from the gross margin of €63,487: probably between €190,000 and €410,000, based on 34 comparable companies, NACE 431.Financials
Is GROWO profitable?: In financial year 2025, GROWO made a profit of €3,163.
Where can I find the annual accounts of GROWO?: GROWO filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of GROWO due?: By 31-07-2027, for financial year 2026.Timeline