Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GRONDWERKEN GROAP from Kortemark, company number BE0754478173, closed financial year 2025 with a result of € 3,189 after tax. For that financial year GRONDWERKEN GROAP recorded a gross margin of € 73,982 and equity of € 51,797. Compared with financial year 2024, the result moved from € 9,603 to € 3,189. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 51,797
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,189
▼ 67% vs 2024
Profit after tax over the fiscal year.
€ 46,020
▲ 279% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 49,297.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 103,172
▲ 5% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 210,113
▲ 59% vs 2024
€ 64,091 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 62,087
▲ 140% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,126
▲ 100% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 38,154 | € 54,587 | € 65,078 | € 73,982 | ▲ 14% |
| Profit after taxes | € 9,743 | € 10,706 | € 9,603 | € 3,189 | ▼ 67% |
| Equity | € 28,299 | € 39,005 | € 48,608 | € 51,797 | ▲ 7% |
| Total debts | € 159,551 | € 177,091 | € 163,725 | € 282,750 | ▲ 73% |
| Cash | € 24,335 | € 29,479 | € 12,145 | € 46,020 | ▲ 279% |
| Retained profit | € 25,799 | € 36,505 | € 46,108 | € 49,297 | ▲ 7% |
| Bank debt | € 115,822 | € 129,762 | € 131,935 | € 210,113 | ▲ 59% |
| Balance sheet total | € 187,850 | € 216,096 | € 212,333 | € 334,547 | ▲ 58% |
Key figures of GRONDWERKEN GROAP, 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 GRONDWERKEN GROAP?
What happened at GRONDWERKEN GROAP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,189 (▼ 67% vs 2024). Source: NBB ↗
- New establishment in Kortemark. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,743 profit in 2022 to € 3,189 profit in 2025.
Paid € 14,813 in corporate taxes since 2022.
Best year ever: 2023, with € 10,706 profit.
A new publication or filing at GRONDWERKEN GROAP? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind GRONDWERKEN GROAP is Pieter Arens.
Directors
According to the 2025 annual accounts
Pieter Arens
Director
Establishments
Establishment units
Physical locations of this company
Barisdamstraat 45
8610 Kortemark
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0754.478.173
- VAT number
- BE 0754.478.173
- Registered office
- Barisdamstraat 45, 8610 Kortemark
- Names & denominations
- GRONDWERKEN GROAP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 September 2020
- Peppol
- Active · Active since 3 Jun 2025
- Activities · NACE
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