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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
GROUND PROPERTY from Sint-Joost-ten-Node, company number BE0806842436, closed financial year 2025 with a result of € -24,674 after tax. For that financial year GROUND PROPERTY recorded a gross margin of € -4,210 and equity of € -151,909. Compared with financial year 2024, the result moved from € -23,756 to € -24,674. 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 April 16, 2026.
€ -151,909
▼ € 24,674 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -24,674
▼ 4 % more loss than in 2024
Profit after tax over the fiscal year.
€ 11,032
▲ € 9,747 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -391,909.
Debts at end 2025
€ 422,686
▼ 4% vs 2024
€ 19,825 is repaid this year. At this pace the long-term loan is gone in ≈ 21 years.
€ 14,071
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -4,718 | € -6,140 | € -4,684 | € -4,210 | ▲ € 474 |
| Profit after taxes | € -20,551 | € -23,671 | € -23,756 | € -24,674 | ▼ € 919 |
| Equity | € -79,808 | € -103,479 | € -127,235 | € -151,909 | ▼ € 24,674 |
| Total debts | € 474,790 | € 479,994 | € 491,488 | € 520,602 | ▲ 6% |
| Cash | € 10,163 | € 8,372 | € 1,285 | € 11,032 | ▲ € 9,747 |
| Land & buildings | € 265,000 | € 265,000 | € 265,000 | € 265,000 | |
| Retained profit | € -319,808 | € -343,479 | € -367,235 | € -391,909 | ▼ € 24,674 |
| Bank debt | € 182,104 | € 460,506 | € 441,803 | € 422,686 | ▼ 4% |
| Balance sheet total | € 394,982 | € 376,515 | € 364,253 | € 368,693 | ▲ 1% |
Key figures of GROUND PROPERTY, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to GROUND PROPERTY?
What happened at GROUND PROPERTY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 24,674. Source: NBB ↗
- ECOLOG SRL became a director. NBB
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,551 loss in 2022 to € 24,674 loss in 2025.
Management
The stake of MUNDO - LAB comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GROUND PROPERTYBehind GROUND PROPERTY is ECOLOG SRL. The shares are held by MUNDO - LAB (100%).
Directors
According to the 2025 annual accounts
since 2023
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kunstlaan 7-8
1210 Sint-Joost-ten-Node
Edinburgstraat 26
1050 Elsene
Active since 3 October 2008
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →European Federation for Intercultural Learning
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€ 2.4 million gross margin · 2024
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€ 902,725 gross margin · 2025
LIE DETECTORS
€ 17,438 revenue · 2025
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0806.842.436
- VAT number
- BE 0806.842.436
- Registered office
- Kunstlaan 7-8, 1210 Sint-Joost-ten-Node
- Names & denominations
- GROUND PROPERTY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 October 2008
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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