GROUND
GROUND has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €129k and a net result of €17k. Equity is shrinking by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 83% of 30893 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
| Equity | €129k |
| Net result | €17k |
| Better than sector | 83% |
| Active | 16 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 85.9% | 55.9% | |
| Net result | €17k | €27k | |
| Equity | €129k | €83k | |
| Gross operating margin | €32k | €54k | |
| Total assets | €150k | €186k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €30k | €32k | €35k | €17k |
| Net profit | €17k | €16k | €19k | €5k |
| Cash flow | €21k | €21k | €24k | €11k |
| Staff costs | - | €550 | - | - |
| Income taxes | €7k | €9k | €8k | €3k |
| Dividends | €10k | €52k | €800 | - |
| Total assets | €150k | €161k | €216k | €196k |
| Equity | €129k | €122k | €158k | €140k |
| Debt | €21k | €39k | €58k | €57k |
| of which ≤ 1y | €21k | €39k | €58k | €57k |
| of which > 1y | - | - | - | - |
| Working capital | €116k | €104k | €115k | €92k |
| Employees (FTE) | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 6.47 | 3.65 | 2.99 | 2.63 |
| Quick ratio | 6.47 | 3.65 | 2.99 | 2.63 |
| Working capital ratio | 77.1% | 64.6% | 53.3% | 47.0% |
| Solvency | 85.9% | 75.6% | 73.2% | 71.2% |
| Debt / equity | 0.16 | 0.32 | 0.37 | 0.40 |
| Long-term debt ratio | - | - | - | - |
| Interest coverage | 13.80 | 12.03 | 13.39 | 5.68 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 11.1% | 10.0% | 8.8% | 2.5% |
| ROE | 13.0% | 13.3% | 12.0% | 3.5% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €150k | €161k | €216k | €196k |
| Fixed assets | 21/28 | €13k | €18k | €43k | €48k |
| Tangible fixed assets | 22/27 | €13k | €18k | €23k | €28k |
| Financial fixed assets | 28 | - | - | €20k | €20k |
| Current assets | 29/58 | €137k | €144k | €173k | €149k |
| Amounts receivable within one year | 40/41 | €117k | €125k | €169k | €109k |
| Cash & bank | 54/58 | €20k | €18k | €4k | €28k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €150k | €161k | €216k | €196k |
| Equity | 10/15 | €129k | €122k | €158k | €140k |
| Contributions / capital | 10/11 | €6k | €6k | €6k | €6k |
| Reserves | 13 | €123k | €116k | €152k | €105k |
| Accumulated profits (losses) | 14 | - | - | - | €28k |
| Amounts payable | 17/49 | €21k | €39k | €58k | €57k |
| Amounts payable within one year | 42/48 | €21k | €39k | €58k | €57k |
| Trade debts payable within one year | 44 | €5k | - | €13k | €11k |
| Income statement | |||||
| Gross operating margin | 9900 | €32k | €34k | €36k | €18k |
| Operating result | 9901 | €26k | €27k | €30k | €11k |
| Financial income | 75 | - | €48 | €1 | - |
| Financial charges | 65 | €2k | €3k | €3k | €3k |
| Result before taxes | 9903 | €24k | €25k | €27k | €8k |
| Income taxes | 67/77 | €7k | €9k | €8k | €3k |
| Net result for the period | 9904 | €17k | €16k | €19k | €5k |
| Result to be appropriated | 9905 | €17k | €16k | €19k | €5k |
-
JOSEPH Nicolas Marc DominiqueDirectorState Gazette act 23460620 (18-12-2023)Current18-12-2023 → present
| NACE primary | Business and other management consultancy(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 06-10-2009 |
| Status | Active |
| Postal code | 1470 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25743G0163/00F000 | Wallonia | 1.1 ha | 1 · 5,428 m² | 15.3 m · 2 fl. |
| 25013D0238/00L000 | Wallonia | 2,145 m² | - | - |
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
18-12-2023 Transaction in capital or shares
Technical details
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}| Legal nameFR | GROUND |