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Groeiend Limburg noord

Active
Non-profit associationfounded 196956 yrs activeHerkenrodesingel 101, 3500 Hasselt, BelgiumKBO/BCE: BE 0410.132.826
Summary

Groeiend Limburg noord has been active since 1969 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22.96M and a net result of €1.16M. Equity is growing by ~33.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is < 0.1% (very low).

Checked score

Score 2025
72 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability45▲+26
Solvency85▲+24
Growth59▲+16
Track record100
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.65M at 30 days acceptable
Liquidity ample (current ratio 2.84 against 4.16 in 2024; short-term debt: 34.3% and cash: 4% of total assets), and 39.7% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 56 years 0 60 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
60.3%
Return on assets
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 11-06-2026, 50 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
50 d early
2024
50 d early
2023
15 d early
2022
33 d early
2021
52 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 months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Turnover
€20k▼ 13.1%
2023 · €22k
2021: €22k 2022: €17k 2023: €22k
2021 → 2024
EBIT margin
-704.3%▼ 149.3pp
2023 · -555.0%
2021: -616.6% 2022: -716.9% 2023: -555.0%
2021 → 2024
Net result
€1.16M
2024 · €-36k
2021: €189k 2022: €-380k 2023: €91k 2024: €-36k
2021 → 2025
Working capital
€24.08M▼ 9.9%
2024 · €26.74M
2021: €6.22M 2022: €5.94M 2023: €6.14M 2024: €26.74M
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€22k-€17k▼ 18.8%€22k▲ 28.4%€20k▼ 13.1%
Equity€7.56M-€7.18M▼ 5.0%€7.27M▲ 1.3%€13.02M▲ 79.1%€22.96M▲ 76.4%
Operating result€-133k-€-125k▲ 5.6%€-125k▲ 0.6%€-137k▼ 10.3%€-504k▼ 267%
Net result€189k-€-380k€91k€-36k€1.16M
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-1.00M€-500k€0€500k€1.00MOperating result 2021: €-133k€-133kNet result 2021: €189k€189kOperating result 2022: €-125k€-125kNet result 2022: €-380k€-380kOperating result 2023: €-125k€-125kNet result 2023: €91k€91kOperating result 2024: €-137k€-137kNet result 2024: €-36k€-36kOperating result 2025: €-504k€-504kNet result 2025: €1.16M€1.16M20212022202320242025€-1M€-500k€0€500k€1MOperating result 2023: €-125k€-125kNet result 2023: €91k€91kOperating result 2024: €-137k€-137kNet result 2024: €-36k€-36kOperating result 2025: €-504k€-504kNet result 2025: €1.16M€1.2M202320242025
The operating result stays negative: a loss of €504k in 2025 against €137k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €38.07M
Fixed assets €919k ▼ 28.0%
Current assets €37.15M ▲ 5.5%
Equity and liabilities €38.07M
Equity €22.96M ▲ 76.4%
Debt €15.11M ▼ 35.6%
Debt's share of the balance-sheet total falls from 64.3% to 39.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-396k
2024 · €-30k
Cash flow
€1.27M
2024 · €72k
Current ratio
2.84
2024 · 4.16
Debt to equity
0.66
2024 · 1.80
ROE
5.1%
2024 · -0.3%
ROA
3.0%
2024 · -0.1%
Interest coverage
341.60
2024 · 0.40
Debt ≤ 1 year
€13.07M
2024 · €8.47M
Debt > 1 year
€2.00M
2024 · €14.99M
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 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€36.49M€38.07M
Fixed assets21/28€1.28M€919k
Tangible fixed assets22/27€1.03M€919k
Land and buildings22€1.03M€919k
Financial fixed assets28€250k€0
Current assets29/58€35.21M€37.15M
Amounts receivable within one year40/41€29.23M€805
Trade receivables40-€805
Other amounts receivable41€29.23M€0
Current investments50/53€5.48M€35.64M
Cash at bank and in hand54/58€494k€1.52M
Deferred charges and accrued income490/1€4k-
Equity and liabilities
Total equity and liabilities10/49€36.49M€38.07M
Equity10/15€13.02M€22.96M
Contributions10/11€13.17M€21.52M
Capital10€13.17M€21.52M
Profit (loss) carried forward14€-152k€1.45M
Amounts payable17/49€23.47M€15.11M
Amounts payable after more than one year17€14.99M€2.00M
Financial debts170/4€3k-
Other amounts payable178/9€14.99M€2.00M
Amounts payable within one year42/48€8.47M€13.07M
Trade debts44€15k€18k
Suppliers440/4€15k€18k
Accrued charges and deferred income492/3€163€33k
Income statement Code20242025
Turnover70€20k-
Non-recurring operating income76A€0-
Goods, raw materials, services and sundry goods60/61€38k€73k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€108k€108k=
Other operating charges640/8€30k€98k
Non-recurring operating charges66A-€250k
Gross operating margin9900€589€-49k
Operating profit (loss)9901€-137k€-504k
Financial income75/76B€27k€1.66M
Recurring financial income75€27k€1.66M
Non-recurring financial income76B-€3k
Financial charges65/66B€-75k€-1k
Recurring financial charges65€-75k€-1k
Profit (loss) for the period before taxes9903€-36k€1.16M
Profit (loss) for the period9904€-36k€1.16M
Profit (loss) for the period to be appropriated9905€-36k€1.16M
Appropriation of the result
Profit (loss) to be appropriated9906€-152k€1.45M
Profit (loss) brought forward from the previous period14P€-116k€287k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-06
State Gazette act Resignations & appointments · Restructuring
Resignations: Frans MOONS, Johan BONGAERTS and 10 others · Merger · Dissolution22 facts ▸
  • General meeting, 09-12-2025
  • Merger, 09-12-2025
  • Dissolution, 09-12-2025
  • Accounting effect, 01-10-2025
  • Director resignation, Frans MOONS (director)
  • Director resignation, Johan BONGAERTS (director)
  • Director resignation, Alfons CAPIOT (director)
  • Director resignation, Brigitte DETILLOUX (director)
  • Director resignation, Gerda VANDERSTUKKEN (director)
  • Director resignation, Luc SCHALENBOURG (director)
  • Director resignation, Jan VANDEBERG (director)
  • Director resignation, Caroline KRIEKELS (director)
  • +10 further facts in this act
11-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Back to profitnet €1.16M
Net result €1.16M after one loss-making year.
11-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Equity above €10MEq €13.02M ▲79.1%
Equity rises from €7.27M to €13.02M.
16-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Back to profitnet €91k
Net result €91k after one loss-making year.
28-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Weakest financial yearnet €-380k ▼302%
Net result drops to €-380k, the lowest in the series; recovery starts the following year.
09-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
09-12-2025 Alfons CAPIOT: Resigned as Director
09-12-2025 Brigitte Detilloux: Resigned as Director
09-12-2025 Caroline KRIEKELS: Resigned as Director
09-12-2025 Gerda Vanderstukken: Resigned as Director
09-12-2025 Jan CLAES: Resigned as Director
Full history in the Timeline (11 changes) →
Location & real-estate footprint
Registered office, Hasselt
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.

Herkenrodesingel 1013500 Hasselt
Ground area
8,031 m²
Building footprint
3,417 m²
Parcel 71327G0302/00M000, Flanders. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71327G0302/00M000 Flanders 8,031 m² 1 · 3,417 m² -
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.

Statutory auditor

Structure & network

Acquisitions and mergers

1 transaction
Took over:GROEIEND LIMBURG CENTRUM
merger by absorption · State Gazette act of 29-06-2026 · effective 09-12-2025

Company data · Crossroads Bank

Identification
Legal formNon-profit association
Founded23-12-1969
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries
E-mail:directiesecretariaat.limburg@cm.be
Enterprise
E-mail:managementoffice.lim@cm.be
Enterprise