Financials
- Financial year
- 2025
- Total assets
- €74,367
- Loss
- -€6,813
- Solvency
- 3.0%
Total assets▼ 22.0%
Net result
20202025
GVE GRONDWERKEN
ActiveSummary
The computed 12-month bankruptcy probability of GVE GRONDWERKEN is 1.9% (moderate). The annual accounts of GVE GRONDWERKEN for financial year 2025 show a net loss of 76% of the equity at the start of that year. The 2025 annual accounts show equity of €2,202 and a net result of -€6,813. Equity is shrinking by about 36% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 10% of 34,699 sector peers (NACE 43, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Demolition
NACE 43110
1 site
Size
€74,367total assets 2025
- Equity
- €2,202
- Loss
- -€6,813
Turnover not published (micro format)
Structure
2025 accounts filed 20 days late1 deed in the Belgian Official Gazette
Why 52raises riskLast filed accounts filed 20 days late; 1 of the last 3 lateEquity €2,202 (3.0% of total assets)Sector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 0.63, cash €14,621Show the evidence
Checked score
Score 2025
52
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 14% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Weak
Solvency
28-6
equity 3.0% of total assets
Liquidity
25+11
short-term debt 97.0% · cash 19.7%
Profitability
57+7
return on assets -9.2%
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.0%
12-2024: 1.0%● unchanged vs 11-2024
01-2025: 1.0%● unchanged vs 12-2024
02-2025: 0.9%▼ -0.1 percentage points vs 01-2025lowest value
03-2025: 0.9%● unchanged vs 02-2025lowest value
04-2025: 1.0%▲ +0.1 percentage points vs 03-2025
05-2025: 1.0%● unchanged vs 04-2025
06-2025: 1.0%● unchanged vs 05-2025
07-2025: 1.1%▲ +0.1 percentage points vs 06-2025
08-2025: 1.8%▲ +0.7 percentage points vs 07-2025
09-2025: 2.1%▲ +0.3 percentage points vs 08-2025
10-2025: 2.8%▲ +0.7 percentage points vs 09-2025
11-2025: 2.8%● unchanged vs 10-2025
12-2025: 2.8%● unchanged vs 11-2025
01-2026: 2.4%▼ -0.4 percentage points vs 12-2025
02-2026: 2.3%▼ -0.1 percentage points vs 01-2026
03-2026: 2.3%● unchanged vs 02-2026
04-2026: 2.4%▲ +0.1 percentage points vs 03-2026
05-2026: 2.3%▼ -0.1 percentage points vs 04-2026
06-2026: 2.3%● unchanged vs 05-2026
07-2026: 2.3%● unchanged vs 06-2026
08-2026: 3.0%▲ +0.7 percentage points vs 07-2026highest value
09-2026: 1.9%▼ -1.1 percentage points vs 08-2026
10-2026: 1.9%● unchanged vs 09-2026
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity insufficient (current ratio 0.63, compared with 0.44 in 2024, below 1; short-term debt: 97% and cash: 19.7% of total assets), and 97% 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 10% on solvency, 14% on liquidity, 27% on profitability and 6% on growth.
The bankruptcy probability was computed on 24-10-2026 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
Seven signals.
lowers riskraises risk
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
202122232425
2020 to 2025 · latest year -€6,813
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 34699 sector peers (2025).
NBB · sector comparisonPosition among 34699 sector peers
Solvency
better than 10%
← weakest
strongest →
raises risk · 2025 accounts filed 20 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 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 · 6 filingsDeviation from the deadline
2025
20 days late
2024
60 days late
2023
26 days late
2022
28 days late
2021
4 days early
2020
32 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 16 days after 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 27 August (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
Key points
By topic
Timeline
- Events
- 7
- Since
- 2021
- Next accounts
- by 31-07-2027
- 31-12-2023Weakest financial year
- 28-08-2023Annual accounts filed
- 27-07-2022Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- DemolitionNACE 43110
- Founded
- 14-10-2019
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about GVE GRONDWERKEN
- What is the company number of GVE GRONDWERKEN?
- 0736.335.413. In Belgium the VAT number is the company number with BE in front: BE 0736.335.413.
- Where is GVE GRONDWERKEN based?
- The registered office is at Pottenberg 7, 9660 Brakel.Company details
- What does GVE GRONDWERKEN do?
- According to the KBO register, the main activity is demolition (NACE 43110).
- What is the legal form of GVE GRONDWERKEN?
- Private limited company (BV).
- When was GVE GRONDWERKEN founded?
- On 14-10-2019.
- Is GVE GRONDWERKEN still active?
- Yes, GVE GRONDWERKEN is an active enterprise in the KBO register.
- What is the turnover of GVE GRONDWERKEN?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is GVE GRONDWERKEN profitable?
- In financial year 2025, GVE GRONDWERKEN made a loss of €6,813.
- Where can I find the annual accounts of GVE GRONDWERKEN?
- GVE GRONDWERKEN filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GVE GRONDWERKEN due?
- By 31-07-2027, for financial year 2026.Timeline
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