Skip to content

NUGRO

Active
Private limited companyfounded 2020active for 6 yearsVijverstraat 6, 8780 Oostrozebeke, BelgiumKBO/BCE: BE 0750.802.368
Summary

The computed 12-month bankruptcy probability of NUGRO is 5.0% (elevated). The 2024 annual accounts show equity of €13,185 and a net result of €47,421. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 13% of 35,966 sector peers (NACE 43, financial year 2024). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 17-07-2020 Normal situation
Activity
Site preparation NACE 43120
Establishment unit
2.305.010.010 8780 Oostrozebeke, since 17-07-2020
Financial year end
31 December
Peppol
Reachable since 19-08-2024

Board and ownership

Board
  • DinitiumDirector · permanent representative Daevy Nuyttens
  • DENITIUM Comm. VADirector
  • Commv DenitiumDirector

Financial position

40 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
5.0%
Annual accounts 2024
Gross margin
€77,436
▲ 19.4%
Turnover
≈ €310,000
estimated
Profit
€47,421
Equity
€13,185
Total assets
€146,961
▼ 39.5%
  • 2025 accounts filed 96 days after the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 12-12-2025)1 financial year not filed after the legal deadline; last filed accounts filed 132 days late; 2 of the last 3 accounts lateFounded in 2020lowers riskLiquidity: current ratio 1.70, cash €30,660, halvedShow the evidence

Checked score

Score 2024
40 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 62% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2023
Strong
Solvency 34+23
equity 9.0% of total assets
Liquidity 53-13
short-term debt 46.2% · cash 20.9%
Profitability 100+78
return on assets 32.3%
Bankruptcy probability within 12 months
5.0% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,685 companies, NACE 43, micro)
Last 24 months 12-2024: 1.9% 01-2025: 1.7%▼ -0.2 percentage points vs 12-2024 02-2025: 1.7%● unchanged vs 01-2025 03-2025: 1.7%● unchanged vs 02-2025 04-2025: 1.7%● unchanged vs 03-2025lowest value 05-2025: 1.7%● unchanged vs 04-2025 06-2025: 1.8%▲ +0.1 percentage points vs 05-2025 07-2025: 1.8%● unchanged vs 06-2025 08-2025: 2.3%▲ +0.5 percentage points vs 07-2025 09-2025: 2.5%▲ +0.2 percentage points vs 08-2025 10-2025: 3.6%▲ +1.1 percentage points vs 09-2025 11-2025: 3.7%▲ +0.1 percentage points vs 10-2025 12-2025: 4.7%▲ +1.0 percentage point vs 11-2025 01-2026: 2.8%▼ -1.9 percentage points vs 12-2025 02-2026: 2.8%● unchanged vs 01-2026 03-2026: 2.8%● unchanged vs 02-2026 04-2026: 2.8%● unchanged vs 03-2026 05-2026: 2.8%● unchanged vs 04-2026 06-2026: 2.7%▼ -0.1 percentage points vs 05-2026 07-2026: 2.6%▼ -0.1 percentage points vs 06-2026 08-2026: 3.2%▲ +0.6 percentage points vs 07-2026 09-2026: 3.6%▲ +0.4 percentage points vs 08-2026 10-2026: 5.1%▲ +1.5 percentage points vs 09-2026highest value 11-2026: 5.0%▼ -0.1 percentage points vs 10-2026
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is ample, with a current ratio of 1.7 (1.26 in 2023), above the usual 1.5. Short-term debt is 46.2% and cash 20.9% of total assets. However, 91% 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 43, micro). It does better than 13% of them on solvency, 49% on liquidity, 92% on profitability and 94% on growth.

The bankruptcy probability was computed on 04-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2024.

Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.

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

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 12-12-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 132 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Founded in 2020
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 1.70, cash €30,660, halved
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 35966 sector peers (2024).
NBB · sector comparison
Position among 35966 sector peers
Solvency
better than 13%
← weakest strongest →
raises risk · 2025 accounts filed 96 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-11-2026, 96 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 5 filings
Deviation from the deadline
2025
96 days late
2024
132 days late
2023
100 days late
2022
9 days late
2021
240 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 115 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 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 9 November (4 of the last 5 accounts filed within 92 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 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

  • Positive: Back in profit in 2024after a loss of €15,313 in 2023 €47,421 View
  • Caution: Lower solvency than 86% of companies in specialised constructionsector median 46.6% · 35,966 companies 9.0% View

Recent changes

  1. · Gazette deed 1 director appointed, 1 director resigningResignation: Wesley Nuyttens (director) · Appointment: Commv Denitium (director) · Permanent representative: Daevy Nuyttens
  2. · Gazette deed Registered office moved from Roeselare to OostrozebekeNew registered office: Vijverstraat 6, 8780 Oostrozebeke · Previous registered office: Sparstraat 26, 8800 Roeselare
  3. · Gazette deed Incorporation
All 11 events

Comparable companies

These companies have the same main activity as NUGRO: site preparation (NACE 43120). They are comparable in size and age: total assets between €123,000 and €162,000, founded between 2019 and 2021.

CompanyTotal assetsGross margin
NUGRO Oostrozebeke€146,961€77,436
Verheust Cederic Koekelare€143,904€70,355
VLOERWERKEN MONSEREZ Ledegem€133,457€99,242
GRONDWERKEN HALLAERT Zedelgem€161,806€65,564
DGFLO Jodoigne€152,569€65,415
MILARKA Sint-Niklaas€123,242€71,749
STRL Bouw Haaltert€159,602€99,365
Full comparison

Key facts about NUGRO

What is the company number of NUGRO?
The company number of NUGRO is 0750.802.368. The VAT number is the same number with BE in front: BE 0750.802.368.
Where is NUGRO based?
The registered office is at Vijverstraat 6, 8780 Oostrozebeke.Company details
What does NUGRO do?
According to the KBO register, the main activity is site preparation (NACE 43120).
What is the legal form of NUGRO?
NUGRO is a private limited company (BV).
When was NUGRO founded?
NUGRO was founded on 17-07-2020.
Is NUGRO still active?
Yes, NUGRO is an active enterprise in the KBO register.
What is the turnover of NUGRO?
The turnover in financial year 2024 is ≈ €310,000. This figure is estimated from the gross margin of €77,436 and 33 comparable companies (NACE 431). It probably lies between €230,000 and €510,000.Financials
Is NUGRO profitable?
In financial year 2024, NUGRO made a profit of €47,421.
Where can I find the annual accounts of NUGRO?
NUGRO filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of NUGRO due?
NUGRO 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.