Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Groundzero from Brasschaat, company number BE0701766987, closed financial year 2025 with a result of € -2,776 after tax. For that financial year Groundzero recorded a gross margin of € -2,503 and equity of € 32,317. Compared with financial year 2024, the result moved from € -873 to € -2,776. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 12, 2026.
€ 32,317
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,776
▼ 218 % more loss than in 2024
Profit after tax over the fiscal year.
€ 17,669
▼ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 19,917.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 49,564 | € -2,068 | € -538 | € -2,503 | ▼ € 1,965 |
| Profit after taxes | € 40,705 | € -2,877 | € -873 | € -2,776 | ▼ € 1,903 |
| Equity | € 38,843 | € 35,966 | € 35,093 | € 32,317 | ▼ 8% |
| Total debts | € 80,664 | € 49,539 | € 49,507 | € 352 | ▼ 99% |
| Cash | € 56,303 | € 22,301 | € 21,396 | € 17,669 | ▼ 17% |
| Retained profit | € 26,443 | € 23,566 | € 22,693 | € 19,917 | ▼ 12% |
| Bank debt | € 49,000 | € 49,000 | € 49,000 | € 0 | ▼ 100% |
| Balance sheet total | € 119,507 | € 85,505 | € 84,600 | € 32,669 | ▼ 61% |
Key figures of Groundzero, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Groundzero?
What happened at Groundzero in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,776. Source: NBB ↗
- New establishment in Brasschaat. KBO
- Patrik Geurts became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 40,705 profit in 2022 to € 2,776 loss in 2025.
Paid € 7,178 in corporate taxes since 2022.
Best year ever: 2022, with € 40,705 profit.
Management
Behind Groundzero is Patrik Geurts. Patrik Geurts is also behind Pagimmo.
Directors
According to the 2025 annual accounts
since 2018
Establishments
Establishment units
Physical locations of this company
Bredabaan 499
2930 Brasschaat
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0701.766.987
- VAT number
- BE 0701.766.987
- Registered office
- Bredabaan 499, 2930 Brasschaat
- Names & denominations
- Groundzero
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 August 2018
- Peppol
- Active · Active since 1 Jan 2001