ILKA GRONDWERKEN
ActiveILKA GRONDWERKEN has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €150k and a net result of €12k. Equity is growing by ~31.3% per year across the filed fiscal years. Its solvency ranks better than 94% of 971 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability56▼-44
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 8.72 against 9.33 in 2024; short-term debt: 10.8% and cash: 2.2% of total assets), and 10.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
89.2%
Return on assets
7.4%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-12-2025, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
39 d early
2024
49 d early
2023
40 d early
2022
19 d early
2021
39 d early
2020
33 d early
2019
103 d late
← before the deadline
after the deadline →
neutral · 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.
Companies Code · seven monthsPosition in the running window
30-06-2026 close17-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€150k▲ 9.0%
2024 · €137k
2019: €1k
2020: €35k
2021: €54k
2022: €79k
2023: €83k
2024: €137k
2019 → 2025
Total assets
€168k▲ 9.5%
2024 · €153k
2019: €6k
2020: €69k
2021: €82k
2022: €95k
2023: €103k
2024: €153k
2019 → 2025
Net result
€12k▼ 77.3%
2024 · €55k
2019: €-6k
2020: €34k
2021: €30k
2022: €25k
2023: €4k
2024: €55k
2019 → 2025
Working capital
€141k▲ 5.4%
2024 · €134k
2019: €1k
2020: €35k
2021: €54k
2022: €78k
2023: €82k
2024: €134k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€54k-€79k▲ 46.2%€83k▲ 4.7%€137k▲ 65.9%€150k▲ 9.0%
Operating result€34k-€37k▲ 6.5%€12k▼ 67.5%€85k▲ 618%€20k▼ 76.7%
Net result€30k-€25k▼ 15.4%€4k▼ 85.0%€55k▲ 1,358%€12k▼ 77.3%
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 77% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €168k
Fixed assets
€9k▲ 134%
Current assets
€159k▲ 6.3%
Equity and liabilities €168k
Equity
€150k▲ 9.0%
Debt
€18k▲ 13.7%
The debt ratio rises from 10.4% to 10.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€22k▼
2024 · €86k
Cash flow
€14k▼
2024 · €56k
Solvency
89.2%▼
2024 · 89.6%
Current ratio
8.72▼
2024 · 9.33
Quick ratio
8.72▲
2024 · 8.71
Debt / equity
0.12▲
2024 · 0.12
ROE
8.3%▼
2024 · 39.7%
ROA
7.4%▼
2024 · 35.6%
Interest coverage
3.42▼
2024 · 7.56
Debt
€18k▲
2024 · €16k
Debt ≤ 1 year
€18k▲
2024 · €16k
Income taxes
€6k▼
2024 · €22k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€153k€168k▲
Fixed assets21/28€4k€9k▲
Tangible fixed assets22/27€4k€9k▲
Plant, machinery and equipment23€4k€8k▲
Furniture and vehicles24-€1k
Current assets29/58€150k€159k▲
Amounts receivable after more than one year29€61k€61k=
Other amounts receivable291€61k€61k=
Stocks and contracts in progress3€10k-
Contracts in progress37€10k-
Amounts receivable within one year40/41€61k€84k▲
Trade receivables40€11k€13k▲
Other amounts receivable41€51k€71k▲
Cash at bank and in hand54/58€4k€4k▼
Deferred charges and accrued income490/1€13k€10k▼
Equity and liabilities
Total equity and liabilities10/49€153k€168k▲
Equity10/15€137k€150k▲
Contributions10/11€6k€6k=
Reserves13€131k€144k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€129k€142k▲
Amounts payable17/49€16k€18k▲
Amounts payable within one year42/48€16k€18k▲
Current portion of amounts payable after more than one year42€8k€8k=
Trade debts44€2k€6k▲
Suppliers440/4€2k€6k▲
Taxes, remuneration and social security45€6k€5k▼
Taxes450/3€6k€5k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€947€685▼
Gross operating margin9900€87k€22k▼
Operating profit (loss)9901€85k€20k▼
Financial income75/76B€3k€5k▲
Recurring financial income75€3k€5k▲
Financial charges65/66B€11k€6k▼
Recurring financial charges65€11k€6k▼
Profit (loss) for the period before taxes9903€76k€18k▼
Income taxes67/77€22k€6k▼
Profit (loss) for the period9904€55k€12k▼
Profit (loss) for the period to be appropriated9905€55k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€55k€12k▼
Transfer to equity691/2€55k€12k▼
To other reserves6921€55k€12k▼
The notes to these accounts (6 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
2025
23-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
13-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Highest result since 2019net €55k ▲1358%
Operating result €85k, net result €55k, both a record.
30-06
Financial
Equity above €100kEq €137k ▲65.9%
5 profitable years in a row build equity to €137k.
2023
22-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
12-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Liquidity doublescurrent ratio 6.04
Current ratio from 2.96 to 6.04; short-term debt falls from €28k to €15k.
2021
23-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
29-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Back to profitnet €34k
Net result €34k after one loss-making year.
13-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 103 days late
2019
14-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 42 days late
2018
25-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Hamme (Vl.) · 1 establishment unit since 2010
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.
Bootdijkstraat 809220 Hamme (Vl.)Ground area
154 m²
Building footprint
59 m²
Volume, LiDAR
327 m³
Parcel 42014A1282/02E000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ILKA GRONDWERKEN
since 20102.193.902.844
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42014A1282/02E000 | Flanders | 154 m² | 1 · 59 m² | 7.8 m · 2 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.
Recognitions · licences · registrations
Recognised contractor
1 categoryILKA GRONDWERKEN CVBA41819
Similar companies · same sector, comparable size
ENTREPRISES D. PONCELET
BE 0434.455.179
Liège · Eq €149k
Vanhullebus – Gailliaert
BE 0700.593.386
Beernem · Eq €151k
AC BONFOND
BE 0664.758.717
Aywaille · Eq €151k
BELA
BE 0433.670.172
Lubbeek · Eq €151k
Baeyens Dennis
BE 0699.865.490
Berlare · Eq €151k
Of 2,327 companies in sector 42110 we hold annual accounts for 1,097. 763 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-10-2010
Fiscal year end30-06
Activities, NACEBEL
42110Construction of roads and motorways
42120Civil engineering
42219Civil engineering
42220Construction of utility projects for electricity and telecommunications
42990Civil engineering
43120Site preparation
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.