Financials
- Financial year
- 2024
- Total assets
- €343,279
- Profit
- €27,623
- Solvency
- 38.3%
Total assets▲ 45.1%
Net result
20182024
GROVÖ
ActiveThe file of GROVÖ contains 2 judicial reorganisation notices, as published in the Belgian Official Gazette.
Summary
The computed 12-month bankruptcy probability is 14.6% (high). The 2024 annual accounts show equity of €131,362 and a net result of €27,623. Equity is growing by about 95% per year across the filed financial years. Its solvency ranks better than 28% of 20,539 sector peers (NACE 62, financial year 2024).
Overview
Activity
Computer consultancy and computer facilities management
NACE 62200Retail sale of flowers, plants, seeds and fertilisers NACE 47761
1 site
Size
€343,279total assets 2024
- Staff
- 3.8 FTE
- Equity
- €131,362
- Profit
- €27,623
Turnover not published (micro format)
Structure
2025 accounts not filed, 88 days past the deadline4 deeds in the Belgian Official Gazette
Why 29raises riskReorganisation plan being carried out (approved, Gazette 09-02-2026)Figures for financial year 2024 (filed 23-09-2025)1 financial year not filed after the legal deadline; last filed accounts filed 50 days late; 3 of the last 3 latelowers riskSector: Computer programming, consultancy and related activities (NACE 62)Show the evidence
Checked score
Score 2024
29
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 35% of its sector peers (NACE 62, micro)
Financial strength · tick = 2023
Average
Solvency
63-6
equity 38.3% of total assets
Liquidity
21-4
short-term debt 61.7% · cash 2.7%
Profitability
71-29
return on assets 8.0%
Bankruptcy probability, 12 months
14.6%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.6%
12-2024: 0.6%● unchanged vs 11-2024
01-2025: 0.6%● unchanged vs 12-2024
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025
06-2025: 0.6%● unchanged vs 05-2025
07-2025: 0.6%● unchanged vs 06-2025
08-2025: 1.0%▲ +0.4 percentage points vs 07-2025
09-2025: 1.2%▲ +0.2 percentage points vs 08-2025
10-2025: 0.6%▼ -0.6 percentage points vs 09-2025lowest value
03-2026: 14.6%highest value
04-2026: 14.6%● unchanged vs 03-2026highest value
05-2026: 14.6%● unchanged vs 04-2026highest value
06-2026: 14.6%● unchanged vs 05-2026highest value
07-2026: 14.6%● unchanged vs 06-2026highest value
08-2026: 14.6%● unchanged vs 07-2026highest value
09-2026: 14.6%● unchanged vs 08-2026highest value
10-2026: 14.6%● unchanged vs 09-2026highest value
Credit of up to €3,500 on 30-day terms, only on tighter conditions: judicial reorganisation (WER Book XX) on file
Liquidity ample (current ratio 1.59, compared with 1.72 in 2023, above the usual 1.5; short-term debt: 61.7% and cash: 2.7% of total assets), but 61.7% 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 62, micro): better than 34% on solvency, 8% on liquidity, 29% on profitability and 70% on growth.
The bankruptcy probability was computed on 26-10-2026 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
Six signals.
lowers riskraises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 88 days later.
NBB · 6 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline27-10-2026 today
raises risk · 2024 accounts filed 50 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-09-2025, 50 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
not filed
2024
50 days late
2023
86 days late
2022
70 days late
2020
87 days late
2019
71 days late
2018
8 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 59 days after the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (1)
- Plan homologationFrench-language Enterprise Court of Brussels…
- OpeningFrench-language Enterprise Court of Brussels…
- Annual accounts filedfinancial year 2024 · micro…
Key points
By topic
Timeline
- Events
- 12
- Since
- 2019
- 25-10-2024Annual accounts filed
- 31-12-2023Highest result from 2018 to 2024
- 31-12-2023Equity above €100,000
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Computer consultancy and computer facilities managementNACE 62200
- Founded
- 22-06-2017
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about GROVÖ
- What is the company number of GROVÖ?
- 0677.463.935. In Belgium the VAT number is the company number with BE in front: BE 0677.463.935.
- Where is GROVÖ based?
- The registered office is at Provooststraat 2, 1050 Elsene.Company details
- What does GROVÖ do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of GROVÖ?
- Private limited company (pre-2019) (BVBA).
- When was GROVÖ founded?
- On 22-06-2017.
- Is GROVÖ still active?
- Yes, GROVÖ is an active enterprise in the KBO register.
- How many employees does GROVÖ have?
- On average 3.8 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of GROVÖ?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is GROVÖ profitable?
- In financial year 2024, GROVÖ made a profit of €27,623.
- Where can I find the annual accounts of GROVÖ?
- GROVÖ filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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