Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
GrondVast from Kortrijk, company number BE1003243779, closed financial year 2025 with a result of € -1,818 after tax. For that financial year GrondVast recorded a gross margin of € -1,055 and equity of € 167,119. Compared with financial year 2024, the result moved from € -19,063 to € -1,818. The company made a loss. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 16, 2026.
€ 167,119
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,818
▲ 90 % less loss than in 2024
Profit after tax over the fiscal year.
€ 15,192
▼ 77% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -20,881.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,710
▲ € 3,552 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 444
▲ 1% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 2,116 | € -1,055 | ▼ € 3,171 |
| Profit after taxes | € -19,063 | € -1,818 | ▲ € 17,245 |
| Equity | € 161,937 | € 167,119 | ▲ 3% |
| Total debts | € 55,597 | € 4,154 | ▼ 93% |
| Cash | € 66,867 | € 15,192 | ▼ 77% |
| Land & buildings | € 147,700 | € 147,700 | |
| Retained profit | € -19,063 | € -20,881 | ▼ € 1,818 |
| Bank debt | € 55,000 | € 0 | ▼ 100% |
| Balance sheet total | € 217,534 | € 171,273 | ▼ 21% |
Key figures of GrondVast, fiscal years 2024 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 GrondVast?
What happened at GrondVast in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Bart Vandenbussche stepped down as director. NBB
- Miek Sweervaegher stepped down as director. NBB
- Ruben Benoit stepped down as director. NBB
- Katleen Vandamme stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1,818. Source: NBB ↗
- New establishment in Kortrijk. KBO
- Bart Vandenbussche became a director. NBB
- Miek Sweervaegher became a director. NBB
In short
From € 19,063 loss in 2024 to € 1,818 loss in 2025.
Management
Establishments
Establishment units
Physical locations of this company
Jozef Demeyerestraat(Kor) 2
8500 Kortrijk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1003.243.779
- VAT number
- BE 1003.243.779
- Registered office
- Jozef Demeyerestraat(Kor) 2, 8500 Kortrijk
- Names & denominations
- GrondVast
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 11 December 2023
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- grondvast.be [email protected]
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Verhuur en exploitatie van terreinen
Overige zakelijke dienstverlening, neg