Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of GRONDIG is 0.1% (very low). The 2025 annual accounts show equity of €1.38M and a net result of €148k. Equity is growing by ~20.2% per year across the filed fiscal years. Its solvency ranks better than 32% of 109 sector peers (fiscal year 2025). The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 6 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone0.1%
Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector
−Long track record
−Annual accounts: healthy financial profile
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Signals
2 signals · with evidenceConsistently profitable
Positive net result in the two most recent financial years (2024 and 2025).
View the result trend Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
View the equity trend Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideFiled after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-03-2026, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 30-06. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 30-06-2025, that is 31-01-2026.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 30-06-2025 | 31-01-2026 | 02-03-2026 | 30 d late | 2026-00048726 |
| 30-06-2024 | 31-01-2025 | 24-02-2025 | 24 d late | 2025-00039732 |
| 30-06-2023 | 31-01-2024 | 10-01-2024 | 21 d early | 2024-00000409 |
| 30-06-2022 | 31-01-2023 | 30-01-2023 | 1 d early | 2023-00016264 |
| 30-06-2021 | 31-01-2022 | 22-12-2021 | 40 d early | 2021-81200408 |
| 30-06-2020 | 31-01-2021 | 21-01-2021 | 10 d early | 2021-01500481 |
| 30-06-2019 | 31-01-2020 | 18-12-2019 | 44 d early | 2019-76700393 |
| 30-06-2018 | 31-01-2019 | 08-01-2019 | 23 d early | 2019-00800224 |
| 30-06-2017 | 31-01-2018 | 21-12-2017 | 41 d early | 2017-72800143 |
| 30-06-2016 | 31-01-2017 | 13-01-2017 | 18 d early | 2017-01200548 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsLong-established
Founded in 1990, 35 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No administrative flags
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€148k+1609.9%
Working capital€-113k
Annual accounts & ratios
Source: NBB · 2025Annual accounts filed on 02-03-2026 with the NBB · fiscal year 2025 · verkort
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~20.2%/year over 6 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 71, Architecture & engineering · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 24.0% | 36.7% | |
| Net result | €148k | €23k | |
| Equity | €1.38M | €119k | |
| Gross operating margin | €-17k | €86k | |
| Total assets | €5.73M | €429k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P32
Weakening position over 2021-2025
· n=109-302
P85
Stable position over 2021-2025
· n=109-302
P95
Stable position over 2021-2025
· n=109-302
P5
Weakening position over 2021-2025
· n=109-300
Describes the position versus peers, not a forecast.
€-19k
+49.2%
19-25
€148k
+1609.9%
19-25
€172k
+471.7%
19-25
€5.73M
+31.3%
19-25
€1.38M
+20.2%
19-25
€-113k
-
19-25
€7k
-96.4%
19-25
€4.30M
+35.4%
19-25
€3.63M
+22.1%
19-25
€654k
+234.3%
19-25
0.97
-12.8%
19-25
0.27
-4.9%
19-25
24.0%
-8.4%
19-25
3.13
+12.6%
19-25
10.8%
+1322.8%
19-25
2.6%
+1202.7%
19-25
-0.62
+89.7%
19-25
Figures by fiscal year
| Fiscal year | 2025 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €-19k |
| Net profit | €148k |
| Cash flow | €172k |
| Staff costs | - |
| Income taxes | €7k |
| Dividends | - |
| Total assets | €5.73M |
| Equity | €1.38M |
| Debt | €4.30M |
| of which ≤ 1y | €3.63M |
| of which > 1y | €654k |
| Working capital | €-113k |
| Employees (FTE) | - |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 0.97 |
| Quick ratio | 0.27 |
| Working capital ratio | -2.0% |
| Solvency | 24.0% |
| Debt / equity | 3.13 |
| Long-term debt ratio | 0.47 |
| Interest coverage | -0.62 |
| Gross margin | - |
| Net margin | - |
| ROA | 2.6% |
| ROE | 10.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €5.73M |
| Fixed assets | 21/28 | €2.21M |
| Tangible fixed assets | 22/27 | €833k |
| Financial fixed assets | 28 | €1.37M |
| Current assets | 29/58 | €3.52M |
| Stocks & contracts in progress | 3 | €2.55M |
| Amounts receivable within one year | 40/41 | €664k |
| Cash & bank | 54/58 | €228k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €5.73M |
| Equity | 10/15 | €1.38M |
| Contributions / capital | 10/11 | €63k |
| Reserves | 13 | €1.31M |
| Provisions & deferred taxes | 16 | €48k |
| Amounts payable | 17/49 | €4.30M |
| Amounts payable after one year | 17 | €654k |
| Amounts payable within one year | 42/48 | €3.63M |
| Trade debts payable within one year | 44 | €215k |
| Income statement | ||
| Gross operating margin | 9900 | €-17k |
| Operating result | 9901 | €-43k |
| Financial income | 75 | €210k |
| Financial charges | 65 | €31k |
| Result before taxes | 9903 | €136k |
| Income taxes | 67/77 | €7k |
| Net result for the period | 9904 | €148k |
| Result to be appropriated | 9905 | €205k |
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2025 · computed33
/ 100
Weak
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Directors
Directors & mandates
under verificationDirectors derived from a single State Gazette act, under verification
All 3 current directors first appear in the same act (26070104). Founders or capital subscribers may have been counted as directors here; the real board composition is being verified.
Current directors & mandates
-
Current22-05-2019 → present
2 events
- 02-06-2026 Mandate renewed· Director
- 22-05-2019 Appointed· Director
-
Current22-05-2019 → present
2 events
- 02-06-2026 Mandate renewed· Director
- 22-05-2019 Appointed· Director
-
Current26-09-2017 → present
6 events
- 02-06-2026 Mandate renewed· Director
- 02-06-2026 Appointed· Managing director
- 22-05-2019 Appointed· Director
- 22-05-2019 Appointed· Managing director
- 26-09-2017 Appointed· Director
- 26-09-2017 Appointed· Managing director
Historic, not recently confirmed (2)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
-
Not recently confirmedlast confirmed in an act from 2017
2 events
- 26-09-2017 Appointed· Director
- 27-10-2016 Appointed· Director
-
Sempst-Kruisstraat 1-1740 TernatLegal entityManaging director· perm. rep.: Lode VerdoodtState Gazette act 03071064 (26-06-2003)Not recently confirmedlast confirmed in an act from 2003
Former directors (5)
-
Former22-05-2019 → 03-11-2021
2 events
- 03-11-2021 Resigned· Director
- 22-05-2019 Appointed· Director
-
Former26-09-2017 → 15-04-2019
3 events
- 15-04-2019 Resigned· Director
- 26-09-2017 Resigned· Director
- 26-09-2017 Appointed· Director
-
Former- → 15-04-2019
-
Former- → 27-10-2016
-
Former- → 26-06-2003
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Activiteiten van landmeters-experts(71122) |
| Legal form | Public limited company(014) |
| Incorporation | 11-12-1990 |
| Status | Active |
| Postal code | 1740 |
Structure & network
Connections & network
6 connected companiesGroup structure
Parent · 2 subsidiaries · 1 location
Control→
Parent · 1 subsidiary · 1 location
Control→
Parent · 2 subsidiaries · 1 location
Control→
Parent · 1 subsidiary · 1 location
Control→
Network connections
Shared corporate director
→
Shared corporate director
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Locations & real estate
Establishment units
1 locationGrondig
since 19912.050.925.636
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area1,333 m²
Buildings2
Building footprint278 m²
Volume (LiDAR)2,364 m³
Tallest building13.8 m · ±3 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels 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
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23086A0052/00A002 | Flanders | 1,081 m² | 1 · 151 m² | 13.8 m · 3 fl. |
| 23086E0222/00R000 | Flanders | 252 m² | 1 · 127 m² | 10.2 m · 3 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
10 acts Capital history · 1
10-06-2020
v3.2
Address history · 3
11-12-2024
v3.2
22-05-2019
v3.2
22-09-2015
v3.2
All acts · 10
updated 2 months ago
2026
02-06-2026 General meeting · Officer reappointment · Permanent representative · Board meeting
- Filing: 2026-05-26 · GRONDIG
- Publication: 2026-06-02 · GRONDIG
- General meeting: 2026-04-20 · GRONDIG
- Officer reappointment: date: 2026-04-20, role: bestuurder, term: 6 years · SEMPST BV
- Officer reappointment: date: 2026-04-20, role: bestuurder, term: 6 years · EINDER BV
- Officer reappointment: date: 2026-04-20, role: bestuurder, term: 6 years · HA-VE BV
- Permanent representative: date: 2026-04-20, role: vast vertegenwoordiger · Lode Verdoodt
- Permanent representative: date: 2026-04-20, role: vast vertegenwoordiger · Lukas Verdoodt
- Permanent representative: date: 2026-04-20, role: vast vertegenwoordiger · Hannes Verdoodt
- Board meeting: 2026-04-20 · GRONDIG
- Officer appointment: date: 2026-04-20, role: gedelegeerd-bestuurder · SEMPST BV
- Act object: HERBENOEMING BESTUURDERS
Summary:
General meeting · Officer reappointment · Permanent representative · Board meeting
2024
11-12-2024 Registered office moved within Ternat
- STATIESTRAAT 11-13, 1740 Ternat → Terlindenstraat 44, 1740 Ternat
Summary:
v3.2
2022
25-02-2022 Verdoodt Lore resigns as director
2020
10-06-2020 Capital increase of €0 to €62,500
08-04-2020 Publication in the Belgian Official Gazette, Miscellaneous
Summary:
proposalNotary:
Franky Notaert · Ternat
2019
22-05-2019 Registered office moved within Ternat
2017
18-10-2017 4 directors appointed, 3 resigning
- Lode Verdoodt, Bestuurder
- Wim Van den Cruyce, Bestuurder
- Lukas Verdoodt, Bestuurder
- Lode Verdoodt, Gedelegeerd bestuurder
- Sempst BVBA, Bestuurder
- WiTe BVBA, Bestuurder
- Lukas Verdoodt, Bestuurder
Summary:
v3.2
2016
27-10-2016 1 director appointed, 1 resigning
2015
22-09-2015 Registered office moved from Ternat to Sint-Katherina-Lombeek
- Kruisstraat 1, 1740 Ternat → Kerkstraat 27, 1742 Sint-Katherina-Lombeek
Summary:
v3.2
2003
26-06-2003 1 director appointed, 1 resigning
- Lode Verdoodt, Gedelegeerd bestuurder
- Lode Verdoodt, Gedelegeerd bestuurder
Summary:
v3.2
Analysis
Snowflake analysis
financial profile on 5 axes60
/ 100
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
Health
33
Profitability
54
Solvency
35
Growth
78
Stability
100
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Company registry (CBE)
Crossroads BankActivities
Landmeters71122Activiteiten van landmeters-experts71122Landmeters74202Bemiddeling in verband met exploitatie van en handel in onroerend goed68310Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis68311Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed70311
Primary activity highlighted.
Names & trade names
| Legal nameNL | GRONDIG |
Registered office
Poodtstraat 2
1740 Ternat, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.