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Complete company report
Generated 24-07-2026
Active BE 0751.624.492Private limited company

Growthforce

Procureurstraat 17 ·8890 Moorslede, Belgium· 5 yrs active
Sector: Head offices & management consulting (70200)
Conclusion Checked

The computed 12-month bankruptcy probability of Growthforce is 0.4% (very low). The 2024 annual accounts show equity of €159k and a net result of €56k. Its solvency ranks better than 29% of 12420 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €159k
Net result €56k
Better than sector 29%
Active 5 yrs
Snowflake analysis 5 axes · computed by Checked
Health94Profitability100Solvency75Growth78Stability94
88 / 100

Exceptional profile, strong across almost every axis.

Health 94
Profitability 100
Solvency 75
Growth 78
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
0.4% Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector −Young company +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
94 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview3 NBB filings
Annual accounts filed on 19-07-2025 with the NBB · fiscal year 2024 · micro
€0€25k€50k€75k€100kOperating result 2022: €69k€69kNet result 2022: €52k€52kOperating result 2024: €89k€89kNet result 2024: €56k€56k20222024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 70, Head offices & management consulting · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 36.2% 60.6%
better than 29% of 12420 sector peers
Net result €56k €31k
better than 69% of 12422 sector peers
Equity €159k €63k
better than 79% of 12428 sector peers
Gross operating margin €101k €52k
better than 76% of 12408 sector peers
Total assets €441k €124k
better than 87% of 12421 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€99k
+41.9% far above sector median
Net profit
€56k
+6.7% far above sector median
Cash flow
€66k
+24.6% far above sector median
Total assets
€441k
+148.5% -4% vs sector
Equity
€159k
+35.5% -38% vs sector
Working capital
€58k
-49.8% -77% vs sector
Income taxes
€21k
+39.8% far above sector median
Debt
€282k
+370.6% +25% vs sector
Debt ≤ 1y
€69k
+15.9% -47% vs sector
Debt > 1y
€212k
- +10% vs sector
Current ratio
1.84
-37.4% -48% vs sector
Quick ratio
1.84
-37.4% -48% vs sector
Solvency
36.2%
-45.5% -52% vs sector
Debt / equity
1.77
+247.2% far above sector median
ROE
34.9%
-21.3% far above sector median
ROA
12.6%
-57.1% far above sector median
Interest coverage
8.04
-77.1% -29% vs sector
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€99k
Net profit€56k
Cash flow€66k
Staff costs-
Income taxes€21k
Dividends-
Total assets€441k
Equity€159k
Debt€282k
of which ≤ 1y€69k
of which > 1y€212k
Working capital€58k
Employees (FTE)-
Ratios (computed)
2024
Current ratio1.84
Quick ratio1.84
Working capital ratio13.1%
Solvency36.2%
Debt / equity1.77
Long-term debt ratio1.33
Interest coverage8.04
Gross margin-
Net margin-
ROA12.6%
ROE34.9%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€441k
Fixed assets 21/28€314k
Tangible fixed assets 22/27€314k
Current assets 29/58€127k
Amounts receivable within one year 40/41€30k
Investments 50/53€11k
Cash & bank 54/58€68k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€441k
Equity 10/15€159k
Contributions / capital 10/11€10k
Reserves 13€149k
Amounts payable 17/49€282k
Amounts payable after one year 17€212k
Amounts payable within one year 42/48€69k
Trade debts payable within one year 44€35k
Income statement
Gross operating margin 9900€101k
Operating result 9901€89k
Financial income 75€217
Financial charges 65€12k
Result before taxes 9903€76k
Income taxes 67/77€21k
Net result for the period 9904€56k
Result to be appropriated 9905€56k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Head offices & management consulting(70200)
Legal form Private limited company(610)
Incorporation30-07-2020
StatusActive
Postal code8890
Establishment units 1 location
Growthforce
Procureurstraat 17, 8890 MoorsledeVervaardiging van artikelen van voorgestort beton voor gebruik in de bouw : dakpannen, tegels, bouwstenen, holle welfsels, betonklinkers, platen, buizen, palen, enz
since 20202.306.535.383
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36012C0403/00C000 Flanders 737 m² 1 · 159 m² -
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 5 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
19-07-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
14-03-2025
State Gazette act Director changes
2024
24-07-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
2023
25-07-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
2022
04-10-2022
State Gazette act Director changes
Annelies Ghesquière
Belgisch Staatsblad, acts 2 acts
All acts · 2 updated 1 year ago
2025
14-03-2025 Liesbeth D'hulster appointed as director Director changes
  • Liesbeth D'hulster, Bestuurder
Technical details 
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      "compensated": true,
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2022
04-10-2022 1 director appointed, 1 resigning Director changes·Annelies Ghesquière
  • HAERI Houtan, Niet statutaire bestuurder
  • HAERI Houtan, Zaakvoerder
Notary: Annelies Ghesquière · Ieper
Technical details 
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        "name": "Optimus Accountancy",
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  "act_meta": {
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Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220
Primary activity highlighted.
Names & trade names
Legal nameNL Growthforce
Registered office
Procureurstraat 17
8890 Moorslede, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative