GRUND & BODEN
The computed 12-month bankruptcy probability of GRUND & BODEN is 2.3% (moderate). The 2025 annual accounts show equity of €10k and a net result of €-19k. Equity is shrinking by ~37.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €10k |
| Net result | €-19k |
| Active | 9 yrs |
| Locations | 1 |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →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).
Figures by fiscal year and ratios
| Fiscal year | 2025 |
|---|---|
| Deposit | abbreviated schema |
| Revenue | - |
| EBITDA | €412 |
| Net profit | €-19k |
| Cash flow | €-5k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €230k |
| Equity | €10k |
| Debt | €220k |
| of which ≤ 1y | €130k |
| of which > 1y | €90k |
| Working capital | €-49k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.62 |
| Quick ratio | 0.62 |
| Working capital ratio | -21.4% |
| Solvency | 4.1% |
| Debt / equity | 23.14 |
| Long-term debt ratio | 9.45 |
| Interest coverage | 0.07 |
| Gross margin | - |
| Net margin | - |
| ROA | -8.1% |
| ROE | -195.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (19 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €230k |
| Fixed assets | 21/28 | €149k |
| Tangible fixed assets | 22/27 | €149k |
| Current assets | 29/58 | €81k |
| Amounts receivable within one year | 40/41 | €81k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €230k |
| Equity | 10/15 | €10k |
| Contributions / capital | 10/11 | €100k |
| Accumulated profits (losses) | 14 | €-90k |
| Amounts payable | 17/49 | €220k |
| Amounts payable after one year | 17 | €90k |
| Amounts payable within one year | 42/48 | €130k |
| Trade debts payable within one year | 44 | €6k |
| Income statement | ||
| Gross operating margin | 9900 | €412 |
| Operating result | 9901 | €-13k |
| Financial charges | 65 | €6k |
| Result before taxes | 9903 | €-19k |
| Net result for the period | 9904 | €-19k |
| Result to be appropriated | 9905 | €-19k |
| NACE primary | - |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 13-02-2017 |
| Status | Active |
| Postal code | 1000 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21812N1443/00B002 | Brussels | 578 m² | 1 · 441 m² | 22.2 m · 7 fl. |
| 21808H0880/00Y002 | Brussels | 417 m² | 1 · 418 m² | 28.5 m · 6 fl. |
30-08-2026 NBB filing Annual accounts filed
30-08-2026 NBB filing Annual accounts filed
31-08-2025 NBB filing Annual accounts filed
13-02-2025 NBB filing Annual accounts filed
13-02-2025 NBB filing Annual accounts filed
20-03-2023 NBB filing Annual accounts filed
08-09-2021 NBB filing Annual accounts filed
30-09-2019 NBB filing Annual accounts filed
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
| Legal nameFR | GRUND & BODEN |