Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 3 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Grounds Up from Temse, company number BE0798913180, closed financial year 2025 with a result of € -64,477 after tax. For that financial year Grounds Up recorded a gross margin of € -23,706 and equity of € -57,369. Compared with financial year 2024, the result moved from € -25,759 to € -64,477. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ -57,369
▼ € 64,477 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -64,477
▼ 150 % more loss than in 2024
Profit after tax over the fiscal year.
€ 30,270
▼ 71% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -109,369.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 230,621
▲ 42% vs 2024
€ 22,804 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 11,612
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,380
▲ 48% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -14,816 | € -461 | € -23,706 | ▼ € 23,245 |
| Profit after taxes | € -19,133 | € -25,759 | € -64,477 | ▼ € 38,718 |
| Equity | € 32,867 | € 7,108 | € -57,369 | ▼ € 64,477 |
| Total debts | € 106,627 | € 276,840 | € 284,746 | ▲ 3% |
| Cash | € 80,120 | € 104,852 | € 30,270 | ▼ 71% |
| Retained profit | € -19,133 | € -44,892 | € -109,369 | ▼ € 64,477 |
| Bank debt | € 0 | € 162,382 | € 230,621 | ▲ 42% |
| Balance sheet total | € 139,494 | € 283,948 | € 227,377 | ▼ 20% |
Key figures of Grounds Up, fiscal years 2023 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 Grounds Up?
What happened at Grounds Up in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 64,477. Source: NBB ↗
- VIRIDIS CONSULT BV became a director. NBB
- Lukas VAN QUICKELBERGHE stepped down as director. NBB
- New establishment in Gent. KBO
- New establishment in Temse. KBO
- Erik GROES became a director. NBB
- Lukas VAN QUICKELBERGHE became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 19,133 loss in 2023 to € 64,477 loss in 2025.
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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
The stake of G2G Invest, FINO, I-NEED comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Grounds UpBehind Grounds Up are VIRIDIS CONSULT BV and Erik GROES. The shares are held by G2G Invest (75%), FINO (37.5%) and I-NEED (37.5%).
Directors
According to the 2025 annual accounts
Bestuurder · represented by Lukas VAN QUICKELBERGHE
since 2025
since 2023
Lukas VAN QUICKELBERGHE
Bestuurder
since 2023 · until 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Frank Van Dyckelaan 14
9140 Temse
Nieuwevaart 51
9000 Gent
Active since 1 July 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0798.913.180
- VAT number
- BE 0798.913.180
- Registered office
- Frank Van Dyckelaan 14, 9140 Temse
- Names & denominations
- Grounds Up
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 February 2023
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- [email protected]
- Activities · NACE
Inzameling van ongevaarlijk afval
Vervaardiging van andere producten van kunststof
Vervaardiging van isolatoren en isolatiemateriaal, van keramische stoffen