Constructie De Greyt · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Constructie De Greyt is 0.9% (low). The 2023 annual accounts show equity of €548k and a net result of €66k. Equity is growing by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 80% of 580 sector peers (fiscal year 2023). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 6 annual accounts.

Signals

3 signals · with evidence

Strong solvency vs sector

Solvency is in the sector's strongest quartile: better than 80% of 580 peers (2023). A comfortable equity buffer.

View the sector comparison

Consistently profitable

Positive net result in the two most recent financial years (2022 and 2023).

View the result trend

Growing equity

Equity grew over 2021-2023. Profits are largely retained rather than distributed.

View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

3 signals

Established

Founded in 2008, 17 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.

Administratively compliant

No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags

0 events

No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

0.9% Low

0%0,5%1,5%4%10%≥25%

Higher-failure-rate sector +Long track record −Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€66k+99.8%

Working capital€424k+3.4%

CSV export

Annual accounts & ratios

Source: NBB · 2023

Annual accounts filed on 13-01-2025 with the NBB · fiscal year 2023 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~11.6%/year over 6 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2023 · NACE 25 · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	64.6%	36.5%	better than 80% of 580 sector peers
Net result	€66k	€12k	better than 90% of 576 sector peers
Equity	€548k	€30k	better than 95% of 580 sector peers
Gross operating margin	€158k	€37k	better than 90% of 575 sector peers
Total assets	€849k	€102k	better than 95% of 580 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P80

Stable position over 2020-2023 · n=124-580

Net result P90

Stable position over 2020-2023 · n=124-576

Equity P95

Stable position over 2020-2023 · n=124-580

Gross operating margin P90

Stable position over 2020-2023 · n=124-575

Describes the position versus peers, not a forecast.

EBITDA

€152k

+48.1% +186% vs sector

Net profit

€66k

+99.8% far above sector median

Cash flow

€127k

+34.1% +149% vs sector

Total assets

€849k

-0.2% +183% vs sector

Equity

€548k

+13.6% far above sector median

Working capital

€424k

+3.4% far above sector median

Income taxes

€22k

+274.6% far above sector median

Dividends

€2k

- -95% vs sector

Debt

€292k

-18.7% +76% vs sector

Debt ≤ 1y

€130k

+40.9% +10% vs sector

Debt > 1y

€162k

-39.2% far above sector median

Current ratio

4.27

-21.7% far above sector median

Quick ratio

4.19

-10.7% far above sector median

Solvency

64.6%

+13.8% +44% vs sector

Debt / equity

0.53

-28.4% -47% vs sector

ROE

12.0%

+75.8% +191% vs sector

ROA

7.7%

+100.1% far above sector median

Interest coverage

42.35

+1.6% +288% vs sector

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2023
Revenue	-
EBITDA	€152k
Net profit	€66k
Cash flow	€127k
Staff costs	-
Income taxes	€22k
Dividends	-
Total assets	€849k
Equity	€548k
Debt	€292k
of which ≤ 1y	€130k
of which > 1y	€162k
Working capital	€424k
Employees (FTE)	-

Ratios (computed)

	2023
Current ratio	4.27
Quick ratio	4.19
Working capital ratio	50.0%
Solvency	64.6%
Debt / equity	0.53
Long-term debt ratio	0.30
Interest coverage	42.35
Gross margin	-
Net margin	-
ROA	7.7%
ROE	12.0%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2023

Assets

Fixed assets €295k · 34.8% Current assets €554k · 65.2%

Equity & liabilities

Equity €548k · 64.6% Provisions €9k · 1.0% Debt €292k · 34.4%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€849k
Fixed assets	21/28	€295k
Tangible fixed assets	22/27	€295k
Current assets	29/58	€554k
Stocks & contracts in progress	3	€11k
Amounts receivable within one year	40/41	€299k
Investments	50/53	€83k
Cash & bank	54/58	€154k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€849k
Equity	10/15	€548k
Contributions / capital	10/11	€19k
Reserves	13	€319k
Accumulated profits (losses)	14	€210k
Provisions & deferred taxes	16	€9k
Amounts payable	17/49	€292k
Amounts payable after one year	17	€162k
Amounts payable within one year	42/48	€130k
Trade debts payable within one year	44	€64k
Income statement
Gross operating margin	9900	€158k
Operating result	9901	€91k
Financial income	75	€355
Financial charges	65	€4k
Result before taxes	9903	€88k
Income taxes	67/77	€22k
Net result for the period	9904	€66k
Result to be appropriated	9905	€66k

You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2023 · computed

100 / 100 Excellent

050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

Establishment units

1 location

CONSTRUCTIE DE GREYT

Waaslandlaan 26, 9160 LokerenVervaardiging van metalen constructiewerken of gebinten voor de bouw

since 20082.174.394.263

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area1,800 m²

Buildings1

Building footprint1,001 m²

Volume (LiDAR)4,925 m³

Tallest building9.1 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)