GROUPKAB
ActiveSummary
The computed 12-month bankruptcy probability of GROUPKAB is 2.7% (moderate). The 2025 annual accounts show equity of €26k and a net result of €11k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 30% of 4603 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
47
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▼-26
Solvency44▲+7
Growth68▲+10
Track record94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.66 against 0.6 in 2024; short-term debt: 76.3% and cash: 10.9% of total assets), and 81.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
18.9%
Return on assets
8.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
25 d early
2024
9 d early
2023
36 d early
2022
77 d early
2021
73 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€398k▲ 36.0%
2024 · €293k
2024: €293k
2024 → 2025
EBIT margin
4.2%▼ 8.6pp
2024 · 12.9%
2024: 12.9%
2024 → 2025
Net result
€11k▼ 65.1%
2024 · €33k
2021: €15k
2022: €-20k
2023: €-22k
2024: €33k
2021 → 2025
Working capital
€-35k▲ 15.9%
2024 · €-42k
2021: €-7k
2022: €-22k
2023: €-44k
2024: €-42k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€293k€398k▲ 36.0%
Equity€24k-€4k▼ 84.7%€-18k€15k€26k▲ 78.0%
Operating result€15k-€-19k€-14k▲ 23.7%€38k€17k▼ 55.3%
Net result€15k-€-20k€-22k▼ 6.7%€33k€11k▼ 65.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 55% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €138k
Fixed assets
€68k ▲ 20.0%
Current assets
€69k ▲ 9.6%
Equity and liabilities €138k
Equity
€26k ▲ 78.0%
Debt
€112k ▲ 5.7%
Debt's share of the balance-sheet total falls from 87.8% to 81.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€31k▼
2024 · €45k
Cash flow
€25k▼
2024 · €40k
Current ratio
0.66▲
2024 · 0.60
Debt to equity
4.29▼
2024 · 7.22
ROE
43.8%▼
2024 · 223.5%
ROA
8.3%▼
2024 · 27.2%
Interest coverage
5.62▼
2024 · 8.95
Debt ≤ 1 year
€105k▼
2024 · €105k
Debt > 1 year
€7k
Staff costs
€108k▲
2024 · €79k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€120k€138k▲
Fixed assets21/28€57k€68k▲
Tangible fixed assets22/27€37k€43k▲
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€32k€40k▲
Financial fixed assets28€20k€25k▲
Current assets29/58€63k€69k▲
Amounts receivable within one year40/41€52k€54k▲
Trade receivables40€52k€54k▲
Cash at bank and in hand54/58€11k€15k▲
Equity and liabilities
Total equity and liabilities10/49€120k€138k▲
Equity10/15€15k€26k▲
Contributions10/11€9k€9k=
Profit (loss) carried forward14€6k€17k▲
Amounts payable17/49€105k€112k▲
Amounts payable after more than one year17-€7k
Financial debts170/4-€7k
Amounts payable within one year42/48€105k€105k▼
Current portion of amounts payable after more than one year42-€6k
Trade debts44€17k€14k▼
Suppliers440/4€17k€14k▼
Taxes, remuneration and social security45€31k€30k▼
Taxes450/3€14k€14k▼
Remuneration and social security454/9€18k€16k▼
Other amounts payable47/48€57k€54k▼
Income statement
Code20242025
Turnover70€293k€398k▲
Goods, raw materials, services and sundry goods60/61€112k€241k▲
Remuneration, social security and pensions62€79k€108k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€14k▲
Other operating charges640/8€17k€25k▲
Gross operating margin9900€141k€164k▲
Operating profit (loss)9901€38k€17k▼
Financial income75/76B€14€1▼
Recurring financial income75€14€1▼
Financial charges65/66B€5k€5k▲
Recurring financial charges65€5k€5k▲
Profit (loss) for the period before taxes9903€33k€11k▼
Profit (loss) for the period9904€33k€11k▼
Profit (loss) for the period to be appropriated9905€33k€11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€6k€17k▲
Profit (loss) brought forward from the previous period14P€-27k€6k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €33k
Net result €33k after 2 loss-making years.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-22k
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
15-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
19-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Vilvoorde · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
van den Vondelstraat (Joost) 591800 VilvoordeGround area
106 m²
Building footprint
79 m²
Volume, LiDAR
550 m³
Parcel 23643G0514/00D005, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
GROUPKAB
since 20202.310.787.844
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23643G0514/00D005 | Flanders | 106 m² | 1 · 79 m² | 10.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 1,500 EUR awarded · 1,500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 1,500 EUR | 1,500 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Similar companies · same sector, comparable size
A.L.E Drinks & Food
BE 0719.531.152
Kortemark · Eq €25,994
AAH GROUP
BE 1018.950.356
Zaventem · Eq €25,987
BD LOGISTICS
BE 0739.894.719
Sint-Niklaas · Eq €25,977
NG Concept
BE 0792.978.661
Antwerpen · Eq €25,972
DURAN COMPANY
BE 0701.987.713
Kampenhout · Eq €26,050
Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 5,327 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.