BUILDING GRYVAN
ActiveBUILDING GRYVAN has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €295k and a net result of €56k. Equity is growing by ~16.9% per year across the filed fiscal years. Its solvency ranks better than 77% of 14056 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▲+12
Solvency93▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 2.85 against 2.89 in 2024; short-term debt: 32.4% and cash: 69.7% of total assets), and 32.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
67.6%
Return on assets
12.8%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-12-2025, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
36 d early
2024
32 d early
2023
42 d early
2022
40 d early
2021
42 d early
2020
6 d early
2019
12 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€295k▲ 23.4%
2024 · €239k
2019: €121k
2020: €153k
2021: €150k
2022: €169k
2023: €228k
2024: €239k
2019 → 2025
Total assets
€436k▲ 21.6%
2024 · €359k
2019: €323k
2020: €243k
2021: €237k
2022: €253k
2023: €307k
2024: €359k
2019 → 2025
Net result
€56k▲ 383%
2024 · €12k
2019: €6k
2020: €32k
2021: €-2k
2022: €19k
2023: €59k
2024: €12k
2019 → 2025
Working capital
€262k▲ 25.0%
2024 · €209k
2019: €97k
2020: €128k
2021: €125k
2022: €143k
2023: €200k
2024: €209k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€150k-€169k▲ 12.4%€228k▲ 34.7%€239k▲ 5.1%€295k▲ 23.4%
Operating result€395-€31k▲ 7,642%€90k▲ 193%€17k▼ 80.8%€86k▲ 397%
Net result€-2k-€19k€59k▲ 215%€12k▼ 80.3%€56k▲ 383%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 397% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €436k
Fixed assets
€33k▼ 14.5%
Current assets
€403k▲ 26.0%
Equity and liabilities €436k
Equity
€295k▲ 23.4%
Debt
€141k▲ 18.0%
The debt ratio falls from 33.4% to 32.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€92k▲
2024 · €24k
Cash flow
€63k▲
2024 · €18k
Solvency
67.6%▲
2024 · 66.6%
Current ratio
2.85▼
2024 · 2.89
Quick ratio
2.24▲
2024 · 0.16
Debt / equity
0.48▼
2024 · 0.50
ROE
18.9%▲
2024 · 4.8%
ROA
12.8%▲
2024 · 3.2%
Interest coverage
47.10▲
2024 · 17.96
Debt
€141k▲
2024 · €120k
Debt ≤ 1 year
€141k▲
2024 · €111k
Income taxes
€28k▲
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€359k€436k▲
Fixed assets21/28€39k€33k▼
Tangible fixed assets22/27€39k€33k▼
Land and buildings22€39k€32k▼
Furniture and vehicles24-€824
Current assets29/58€320k€403k▲
Stocks and contracts in progress3€303k€87k▼
Stocks30/36€303k€87k▼
Amounts receivable within one year40/41€13k€12k▼
Trade receivables40€12k€12k=
Other amounts receivable41€913-
Cash at bank and in hand54/58€5k€304k▲
Equity and liabilities
Total equity and liabilities10/49€359k€436k▲
Equity10/15€239k€295k▲
Contributions10/11€44k€44k=
Reserves13€195k€251k▲
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€193k€251k▲
Profit (loss) carried forward14€24-
Amounts payable17/49€120k€141k▲
Amounts payable after more than one year17€9k-
Financial debts170/4€9k-
Amounts payable within one year42/48€111k€141k▲
Current portion of amounts payable after more than one year42€25k€9k▼
Trade debts44€63k€98k▲
Suppliers440/4€63k€98k▲
Taxes, remuneration and social security45€20k€13k▼
Taxes450/3€20k€13k▼
Other amounts payable47/48€3k€21k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€26k€94k▲
Operating profit (loss)9901€17k€86k▲
Financial income75/76B€6-
Recurring financial income75€6-
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€16k€84k▲
Income taxes67/77€4k€28k▲
Profit (loss) for the period9904€12k€56k▲
Profit (loss) for the period to be appropriated9905€12k€56k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€56k▲
Profit (loss) brought forward from the previous period14P€24€24=
Transfer to equity691/2€12k€56k▲
To other reserves6921€12k€56k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
26-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
30-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
20-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Highest result since 2019net €59k ▲215%
Operating result €90k, net result €59k, both a record.
30-06
Financial
Equity above €200kEq €228k ▲34.7%
2 profitable years in a row build equity to €228k.
2022
22-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
2021
20-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Weakest financial yearnet €-2k ▼106%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
25-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Liquidity doublescurrent ratio 3.65
Current ratio from 1.63 to 3.65; short-term debt falls from €154k to €48k.
30-06
Financial
Equity above €150kEq €153k ▲26.2%
2 profitable years in a row build equity to €153k.
12-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 12 days late
2019
28-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
22-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Menen · 1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Menenstraat 64-668930 MenenGround area
533 m²
Building footprint
129 m²
Volume, LiDAR
921 m³
Parcel 34024A0136/00Y000, Flanders · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Menenstraat 64-66, 8930 Menen
since 20102.192.620.662
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34024A0136/00Y000 | Flanders | 533 m² | 1 · 129 m² | 11.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 7,321 companies in sector 68110 we hold annual accounts for 5,382. 3,854 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-09-2010
Fiscal year end30-06
Activities, NACEBEL
68110Buying and selling of own real estate
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.