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Dr. E. Gréant

Active
Private limited companyfounded 2023active for 3 yearsHeidedreef 9, 2970 Schilde, BelgiumKBO/BCE: BE 0802.114.477
Summary

Dr. E. Gréant has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €438,404 and a net result of €212,933. Equity is growing by about 82% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2025, micro format

Equity
€438,404▲ 94.4%
2024 · €225,471
Total assets
€537,996▲ 79.4%
2024 · €299,877
Net result
€212,933▲ 35.0%
2024 · €157,705
Working capital
€429,281▲ 102%
2024 · €212,361
Trend over the years

2023 to 2025, 3 financial years

The operating result has risen two years in a row; 2025 is 36% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€278,364 2025 Net result€212,933 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line202320242025
Operating result€83,721-€205,139▲ 145%€278,364▲ 35.7%
Net result€66,766-€157,705▲ 136%€212,933▲ 35.0%
Equity€67,766-€225,471▲ 233%€438,404▲ 94.4%
Total assets€130,701-€299,877▲ 129%€537,996▲ 79.4%
Debt€62,935-€74,407▲ 18.2%€99,592▲ 33.8%
Working capital€53,833-€212,361▲ 294%€429,281▲ 102%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €537,996
Fixed assets €9,122 ▼ 30.4%
Current assets €528,874 ▲ 84.4%
Equity and liabilities €537,996
Equity €438,404 ▲ 94.4%
Debt €99,592 ▲ 33.8%
Debt's share of the balance-sheet total falls from 24.8% to 18.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€282,352▲
2024 · €209,462
Cash flow
€216,921▲
2024 · €162,028
Current ratio
5.31▲
2024 · 3.85
Debt to equity
0.23▼
2024 · 0.33
ROE
48.6%▼
2024 · 69.9%
ROA
39.6%▼
2024 · 52.6%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€99,592▲
2024 · €74,407
Income taxes
€67,932▲
2024 · €47,373
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,127 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 97.2% are still going.

  • Small
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.8% went bankrupt
1.9% stopped otherwise
97.2% still going

For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,470 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,127 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€299,877€537,996▲
Fixed assets21/28€13,110€9,122▼
Tangible fixed assets22/27€13,110€9,122▼
Plant, machinery and equipment23€9,842€7,022▼
Furniture and vehicles24€3,267€2,101▼
Current assets29/58€286,768€528,874▲
Amounts receivable within one year40/41€69,476€131,071▲
Other amounts receivable41€69,476€131,071▲
Cash at bank and in hand54/58€200,520€390,211▲
Deferred charges and accrued income490/1€16,772€7,591▼
Equity and liabilities
Total equity and liabilities10/49€299,877€537,996▲
Equity10/15€225,471€438,404▲
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€224,471€437,404▲
Amounts payable17/49€74,407€99,592▲
Amounts payable within one year42/48€74,407€99,592▲
Trade debts44€18,103€18,200▲
Suppliers440/4€18,103€18,200▲
Taxes, remuneration and social security45€47,373€67,168▲
Taxes450/3€47,373€67,168▲
Other amounts payable47/48€8,930€14,224▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,323€3,987▼
Other operating charges640/8€684€605▼
Gross operating margin9900€210,146€282,957▲
Operating profit (loss)9901€205,139€278,364▲
Financial income75/76B€1€2,581▲
Recurring financial income75€1€2,581▲
Financial charges65/66B€62€80▲
Recurring financial charges65€62€80▲
Profit (loss) for the period before taxes9903€205,078€280,865▲
Income taxes67/77€47,373€67,932▲
Profit (loss) for the period9904€157,705€212,933▲
Profit (loss) for the period to be appropriated9905€157,705€212,933▲
Appropriation of the result
Profit (loss) to be appropriated9906€224,471€437,404▲
Profit (loss) brought forward from the previous period14P€66,766€224,471▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,979€4,323€3,987▼ 7.8%
Other operating charges640/8€109€684€605▼ 11.5%
Gross operating margin9900€87,809€210,146€282,957▲ 34.6%
Operating profit (loss)9901€83,721€205,139€278,364▲ 35.7%
Financial income75/76B€7€1€2,581▲ 289,855%
Recurring financial income75€7€1€2,581▲ 289,855%
Financial charges65/66B€75€62€80▲ 28.3%
Recurring financial charges65€75€62€80▲ 28.3%
Profit (loss) for the period before taxes9903€83,653€205,078€280,865▲ 37.0%
Income taxes67/77€16,887€47,373€67,932▲ 43.4%
Profit (loss) for the period9904€66,766€157,705€212,933▲ 35.0%
Profit (loss) for the period to be appropriated9905€66,766€157,705€212,933▲ 35.0%
Line202320242025Change
Assets
Total assets20/58€130,701€299,877€537,996▲ 79.4%
Formation expenses20€1,269---
Fixed assets21/28€12,663€13,110€9,122▼ 30.4%
Tangible fixed assets22/27€12,663€13,110€9,122▼ 30.4%
Plant, machinery and equipment23€12,663€9,842€7,022▼ 28.7%
Furniture and vehicles24-€3,267€2,101▼ 35.7%
Current assets29/58€116,769€286,768€528,874▲ 84.4%
Amounts receivable within one year40/41€83,058€69,476€131,071▲ 88.7%
Other amounts receivable41€83,058€69,476€131,071▲ 88.7%
Cash at bank and in hand54/58€26,362€200,520€390,211▲ 94.6%
Deferred charges and accrued income490/1€7,349€16,772€7,591▼ 54.7%
Equity and liabilities
Total equity and liabilities10/49€130,701€299,877€537,996▲ 79.4%
Equity10/15€67,766€225,471€438,404▲ 94.4%
Contributions10/11€1,000€1,000€1,000=
Profit (loss) carried forward14€66,766€224,471€437,404▲ 94.9%
Amounts payable17/49€62,935€74,407€99,592▲ 33.8%
Amounts payable within one year42/48€62,935€74,407€99,592▲ 33.8%
Trade debts44€585€18,103€18,200▲ 0.5%
Suppliers440/4€585€18,103€18,200▲ 0.5%
Taxes, remuneration and social security45€37,421€47,373€67,168▲ 41.8%
Taxes450/3€16,887€47,373€67,168▲ 41.8%
Remuneration and social security454/9€20,533---
Other amounts payable47/48€24,929€8,930€14,224▲ 59.3%
Line202320242025Change
Profit (loss) for the period9904€66,766€157,705€212,933▲ 35.0%
+ Depreciation and write-downs630€3,979€4,323€3,987▼ 7.8%
Operating cash flow (approximation)€70,745€162,028€216,921▲ 33.9%
Investment in fixed assets (approximation)--€4,769€0-
Change in cash-€174,158€189,691▲ 8.9%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (3)
Financial year Type Filed Reference
31-12-2025 micro format 24-02-2026 2026-00042640
31-12-2024 micro format 15-05-2025 2025-00094942
31-12-2023 micro format 12-07-2024 2024-00242333

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.