Financials
- Fiscal year
- 2025
- Turnover
- €86.1m
- Loss
- -€991,617
- Solvency
- 73.7%
Turnover▲ 1,879%
Net result
20182025
GROUP S
ActiveSummary
GROUP S has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €104.3m and a net result of -€991,617. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 74% of 1144 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Activity
Office administrative and support services
NACE 82100NACE 74854NACE 82110
#3 company by equity in Brussels, Administrative and support services sector19 sites
Size
€86.1mturnover 2025
- Staff
- 654.7 FTE
- Equity
- €104.3m
- Loss
- -€991,617
Turnover +1,879%: merger
Structure
- Board
- 7 members
- Holdings
- 5
Auditor: KPMG Réviseurs d'EntreprisesAccounts 35 d early
Why 91- Liquidity: current ratio 0.94, cash €3.5m- Loss of €991,617, the second in a row (FY 2025)+ Equity €104.3m (73.7% of total assets)+ Sector Office administrative, office support and other business support activities (NACE 82)Show the evidence
Checked score
Score 2025
91
/ 100
Excellent
Probability in this band: under 0.55%
Better than 66% of its sector peers (NACE 82, large)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
99+11
equity 73.7% of total assets
Liquidity
50-3
short-term debt 14.3% · cash 2.5%
Profitability
48+39
return on assets -0.7%
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.3%
12-2024: 0.3%● 0.0% vs 11-2024
01-2025: 0.4%▲ +10.6% vs 12-2024
02-2025: 0.1%▼ -61.1% vs 01-2025lowest value
03-2025: 0.1%● 0.0% vs 02-2025lowest value
04-2025: 0.1%▲ +2.1% vs 03-2025
05-2025: 0.2%▲ +3.4% vs 04-2025
06-2025: 0.1%▼ -3.9% vs 05-2025
07-2025: 0.2%▲ +52.7% vs 06-2025
08-2025: 0.2%● 0.0% vs 07-2025
09-2025: 0.2%● 0.0% vs 08-2025
10-2025: 0.2%● 0.0% vs 09-2025
11-2025: 0.2%● 0.0% vs 10-2025
12-2025: 0.2%● 0.0% vs 11-2025
01-2026: 0.2%● 0.0% vs 12-2025
02-2026: 0.2%▼ -4.0% vs 01-2026
03-2026: 0.2%▲ +1.8% vs 02-2026
04-2026: 0.2%▲ +2.3% vs 03-2026
05-2026: 0.2%▲ +4.9% vs 04-2026
06-2026: 0.2%▲ +2.5% vs 05-2026
07-2026: 0.2%▼ -2.9% vs 06-2026
08-2026: 0.4%▲ +56.4% vs 07-2026
09-2026: 0.5%▲ +28.2% vs 08-2026highest value
10-2026: 0.2%▼ -59.4% vs 09-2026
- Liquidity: current ratio 0.94, cash €3.5m raises the probability
- Equity €104.3m (73.7% of total assets) lowers the probability
- Loss of €991,617, the second in a row (FY 2025) raises the probability
- Sector Office administrative, office support and other business support activities (NACE 82) lowers the probability
Credit up to €8,600,000 at 30 days acceptable
Liquidity short (current ratio 0.94 against 1.18 in 2024; short-term debt: 14.3% and cash: 2.5% of total assets), and 26.3% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 82, large). Better than this share of them on solvency 65%, liquidity 57%, profitability 43%, growth against the median 97%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €104.3m
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 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 d early
2024
37 d early
2023
14 d early
2022
25 d early
2021
19 d early
2020
22 d early
2019
21 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 25 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
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. Usually files around 6 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
04-10-2026 today31-12-2026 close31-07-2027 deadline
- Permanent representative: Marc PeetersPower of attorney
- Annual accounts filedfiscal year 2025 · full…
- Resignations: Eddy Vandezande, Tom Potteau and…Permanent representatives: Vinciane Verbiest, Jean-Paul…
Key points
- Risk: 4 loss-making years in a rowloss fiscal year 2025 -€991,617 View
- Turnover rose in 2025merger with POOTSY ▲ 1,879% View
- Caution: Among the weakest 5% on net resultsector median €49,110 · 1,145 companies -€991,617 View
- Caution: Board changedlatest change 01-04-2026 · 7 in office 4 joined · 7 left View
- 2 restructurings since 2024latest: merger with POOTSY 2 View
- Positive: Always filed on timeaccounts within the deadline every year 8 years View
- Heads a groupcompanies controlled 3 View
By topic
Board & ownership
- Board
- 7 members
- Auditor
- KPMG Réviseurs d'Entreprises
Go to Board & ownership
Network & group
- Subsidiaries
- 3
- Holdings
- 5
- Connected companies
- 46
- Mergers and contributions
- 2
5 holdings
Timeline
- Events
- 48
- Since
- 2007
- Next accounts
- by 31-07-2027
- 27-07-2026Permanent representative: Marc Peeters
- 26-06-2026Annual accounts filed
- 01-04-2026Resignations: Eddy Vandezande, Tom Potteau and 4…
Company details
- Sites
- 19
- Legal form
- Public limited company
- Activity
- Office administrative and support servicesNACE 82100
- Founded
- 14-12-1995
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 1
- Purpose
- La société a pour objet, en Belgique et à l'étranger, en son nom propre ou au nom de…
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