Skip to content

GV GROND

Active
Public limited companyfounded 2018active for 8 yearsKolonel Dusartplein 20, 3500 Hasselt, BelgiumKBO/BCE: BE 0692.594.549
Summary

The computed 12-month bankruptcy probability of GV GROND is 1.7% (moderate). The 2025 annual accounts show equity of €243,223 and a net result of €52,393. Equity has been shrinking by about 5.1% per year since 2018. Its solvency ranks better than 15% of 5,795 sector peers (NACE 68, financial year 2025). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 15-03-2018 Normal situation
Registered office
57 active companies are registered at this address 5 started in the 12 months before. Source: KBO register, as of 3 November 2026.
Activity
Development of residential building projects NACE 68121
Establishment unit
2.275.002.663 3500 Hasselt, since 15-03-2018
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
  • BEFASDirector · permanent representative SOETAERS Fabienne
  • ED SOMERS INVESTDirector · permanent representative Somers Edwin
  • JEMI CONSULTDirector · permanent representative MACHIELS Louis
and 3 others
Shareholders

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.7%
Annual accounts 2025
Gross margin
€86,574
▼ 60.5%
Turnover
≈ €220,000
estimated
Profit
€52,393
▼ 67.4%
Equity
€243,223
▲ 27.5%
Total assets
€16.1m
▲ 55.7%
  • 2025 accounts filed 68 days after the deadline
Net result -67%: merger
Score breakdownraises riskLiquidity: current ratio 1.02, cash €790, halvedLast filed accounts filed 68 days late; 1 of the last 3 accounts late1 change of registered office in 24 monthslowers riskSize: total assets €16.1mShow the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 36% of medium-sized companies in real estate (NACE 68)
Financial strength · tick: 2024
Weak
Solvency 27=
equity 1.5% of total assets
Liquidity 0=
short-term debt 98.3% · cash 0.0%
Profitability 38-3
return on assets 0.3%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (1,720 companies, NACE 68, medium-sized)
Last 24 months 12-2024: 0.1%lowest value 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.2%▲ +0.1 percentage points vs 04-2025 06-2025: 0.5%▲ +0.3 percentage points vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.8%▲ +0.3 percentage points vs 07-2025 09-2025: 0.5%▼ -0.3 percentage points vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.6%▲ +0.1 percentage points vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.7%▲ +0.1 percentage points vs 07-2026 09-2026: 0.7%● unchanged vs 08-2026 10-2026: 1.7%▲ +1.0 percentage point vs 09-2026highest value 11-2026: 1.7%● unchanged vs 10-2026highest value
Credit of up to €13,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.02 (1.02 in 2024), below the usual 1.5. Short-term debt is 98.3% and cash 0% of total assets. 98.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 68, medium-sized). It does better than 17% of them on solvency, 1% on liquidity, 43% on profitability and 85% on growth.

The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 1.02, cash €790, halved
NBB · annual accounts
raises risk · Last filed accounts filed 68 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €16.1m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 5795 sector peers (2025).
NBB · sector comparison
Position among 5795 sector peers
Solvency
better than 15%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €243,223
raises risk · 2025 accounts filed 68 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-10-2026, 68 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 8 filings
Deviation from the deadline
2025
68 days late
2024
4 days late
2023
19 days early
2022
18 days early
2021
17 days early
2020
40 days early
2019
25 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 7 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 14 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower solvency than 85% of companies in real estatesector median 38.3% · 5,795 companies 1.5% View
  • Result fell in 2025merger with GV PARK BV ▼ 67.4% View
  • 2 restructurings since 2025latest: merger with GV PARK BV 2 View

Recent changes

  1. · Gazette deed Merger: GV GROND takes over GV PARKDissolution of the company
  2. · Gazette deed Merger proposal: GV GROND NV takes over GV PARK BVPermanent representatives: Laurens GILEN, Stefan VANGRONSVELD and 4 others
  3. · Gazette deed Registered office moved within HasseltNew seat: 3500 Hasselt, Kolonel Dusartplein 20 · Previous seat: 3500 Hasselt, Havermarkt 22
All 17 events

Comparable companies

These companies have the same main activity as GV GROND: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €10m and €24m, founded between 2015 and 2018.

CompanyTotal assetsGross margin
GV GROND Hasselt€16.1m€0.09m
HOF van LORREINEN Waregem€14.8m€0.08m
Cond'Or Projects Nieuwpoort€16.6m€0.09m
QUEEN TOWERS Antwerpen€22.1m€0.08m
Betty YouStone Antwerpen€24.0m€0.04m
Tervia’s Orange Hulshout€14.9m€0.03m
VerDe-Projects Lochristi€10.1m€0.08m
Full comparison

Key facts about GV GROND

What is the company number of GV GROND?
The company number of GV GROND is 0692.594.549. The VAT number is the same number with BE in front: BE 0692.594.549.
Where is GV GROND based?
The registered office is at Kolonel Dusartplein 20, 3500 Hasselt.Company details
What does GV GROND do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of GV GROND?
The legal form of GV GROND is Public limited company (NV).
When was GV GROND founded?
GV GROND was founded on 15-03-2018.
Is GV GROND still active?
Yes, GV GROND is an active enterprise in the KBO register.
What is the turnover of GV GROND?
The turnover in financial year 2025 is ≈ €220,000. This figure is estimated from the gross margin of €86,574 and 47 comparable companies (NACE 681). It probably lies between €120,000 and €470,000.Financials
Is GV GROND profitable?
In financial year 2025, GV GROND made a profit of €52,393.
Where can I find the annual accounts of GV GROND?
GV GROND filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GV GROND due?
GV GROND must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.