DE GREEF
ActiveThe annual accounts of DE GREEF for fiscal year 2025 show a net loss of 255% of total assets and of 72% of the equity at the start of that year. The 2025 annual accounts show equity of €45k and a net result of €-115k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 95% of 27787 sector peers (fiscal year 2025). The company has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-10
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
short-term debt: 0.4% and cash: 18.8% of total assets, and 0.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
99.6%
Return on assets
-254.7%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-115k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
28 d late
2023
55 d late
2022
60 d late
2021
29 d late
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€45k▼ 71.9%
2024 · €160k
2018: €168k
2019: €174k
2020: €176k
2021: €174k
2022: €176k
2023: €178k
2024: €160k
2018 → 2025
Total assets
€45k▼ 72.3%
2024 · €163k
2018: €174k
2019: €181k
2020: €181k
2021: €174k
2022: €176k
2023: €180k
2024: €163k
2018 → 2025
Net result
€-115k▼ 553%
2024 · €-18k
2018: €-9k
2019: €6k
2020: €2k
2021: €-2k
2022: €2k
2023: €2k
2024: €-18k
2018 → 2025
Working capital
€45k▼ 69.8%
2024 · €150k
2018: €166k
2019: €172k
2020: €156k
2023: €167k
2024: €150k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€174k-€176k▲ 1.1%€178k▲ 1.1%€160k▼ 9.9%€45k▼ 71.9%
Operating result€112-€3k▲ 2,682%€2k▼ 31.7%€-16k€-115k▼ 614%
Net result€-2k-€2k€2k▼ 7.0%€-18k€-115k▼ 553%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €115k in 2025 against €16k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €45k
Equity
€45k▼ 71.9%
Debt
€185▼ 93.3%
The debt ratio falls from 1.7% to 0.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-104k
Cash flow
€-104k
Solvency
99.6%▲
2024 · 98.3%
Debt / equity
0.00▼
2024 · 0.02
ROE
-255.8%▼
2024 · -11.0%
ROA
-254.7%▼
2024 · -10.8%
Interest coverage
-231.82
Debt
€185▼
2024 · €3k
Debt ≤ 1 year
€185▼
2024 · €3k
A ratio outside any meaningful range has been withheld (balance sheet total €45k, equity €45k).
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€163k€45k▼
Fixed assets21/28€11k-
Tangible fixed assets22/27€11k-
Plant, machinery and equipment23€2k-
Furniture and vehicles24€9k-
Current assets29/58€152k€45k▼
Stocks and contracts in progress3€64k-
Stocks30/36€30k-
Contracts in progress37€34k-
Amounts receivable within one year40/41€74k€37k▼
Trade receivables40€37k€206▼
Other amounts receivable41€37k€37k=
Cash at bank and in hand54/58€15k€9k▼
Equity and liabilities
Total equity and liabilities10/49€163k€45k▼
Equity10/15€160k€45k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€140k€25k▼
Amounts payable17/49€3k€185▼
Amounts payable within one year42/48€3k€185▼
Trade debts44€3k€185▼
Suppliers440/4€3k€185▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€11k
Other operating charges640/8€502€34k▲
Non-recurring operating charges66A-€31k
Gross operating margin9900€-16k€-40k▼
Operating profit (loss)9901€-16k€-115k▼
Financial income75/76B€8€2▼
Recurring financial income75€8€2▼
Financial charges65/66B€1k€449▼
Recurring financial charges65€1k€449▼
Profit (loss) for the period before taxes9903€-17k€-115k▼
Income taxes67/77€488-
Profit (loss) for the period9904€-18k€-115k▼
Profit (loss) for the period to be appropriated9905€-18k€-115k▼
Appropriation of the result
Profit (loss) to be appropriated9906€140k€25k▼
Profit (loss) brought forward from the previous period14P€158k€140k▼
The notes to these accounts (4 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
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-115k
Net result drops to €-115k, the lowest in the series.
31-12
Financial
Liquidity quadruplescurrent ratio 244.91
Current ratio from 54.80 to 244.91; short-term debt falls from €3k to €185.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
24-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 55 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Zemst · 1 establishment unit since 1983
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.
Leopoldstraat 721980 ZemstGround area
870 m²
Building footprint
512 m²
Volume, LiDAR
2,181 m³
2 parcels, Flanders · tallest building 11.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
PVBA DE GREEF
since 19832.022.740.307
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23096C0442/00D003 | Flanders | 561 m² | 1 · 403 m² | 11.4 m · 1 fl. |
| 23096C0442/00C003 | Flanders | 309 m² | 1 · 109 m² | 11.3 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
SOLITEC
BE 0759.467.240
Gent · Eq €45k
Titan Reno
BE 0768.606.125
Tienen · Eq €45k
ALION SERVICES
BE 0627.728.966
Aalst · Eq €45k
Limburg Group
BE 1012.506.091
Genk · Eq €45k
TIM POWER CONSTRUCT
BE 0803.253.733
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Of 4,097 companies in sector 43240 we hold annual accounts for 1,632. 1,323 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded18-05-1983
Fiscal year end31-12
Activities, NACEBEL
43240Other construction installation
43299Specialised construction activities
47521Retail sale of hardware, building materials, paint and glass (general range)
47551Retail sale of household furniture
47552Retail sale of lighting equipment
47591Retail trade
47592Retail trade
52441
52442
52461
Sources
Crossroads Bank for EnterprisesNational Bank · 42 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.