ERIC GRANDJEAN
ActiveERIC GRANDJEAN has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €912k and a net result of €58k. Equity is growing by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 76% of 27787 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▲+1
Solvency96▼-4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 3.88 against 3.23 in 2024; short-term debt: 10.7% and cash: 16.8% of total assets), and 29.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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
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
70.9%
Return on assets
4.5%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
214 d late
2023
on the day
2022
3 d early
2021
2 d early
2020
1 d early
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close23-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€58k▲ 39.9%
2024 · €41k
2019: €95k
2020: €53k
2021: €56k
2022: €87k
2023: €97k
2024: €41k
2019 → 2025
Working capital
€397k▼ 13.2%
2024 · €457k
2019: €353k
2020: €358k
2021: €199k
2022: €402k
2023: €434k
2024: €457k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€738k-€800k▲ 8.5%€889k▲ 11.1%€853k▼ 4.1%€912k▲ 6.9%
Operating result€64k-€113k▲ 75.1%€141k▲ 25.1%€68k▼ 51.6%€83k▲ 21.6%
Net result€56k-€87k▲ 54.5%€97k▲ 10.9%€41k▼ 57.1%€58k▲ 39.9%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 22% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.29M
Fixed assets
€751k▲ 66.4%
Current assets
€534k▼ 19.3%
Equity and liabilities €1.29M
Equity
€912k▲ 6.9%
Debt
€374k▲ 43.4%
The debt ratio rises from 23.4% to 29.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€220k▼
2024 · €233k
Cash flow
€195k▼
2024 · €206k
Solvency
70.9%▼
2024 · 76.6%
Current ratio
3.88▲
2024 · 3.23
Quick ratio
3.36▲
2024 · 2.53
Debt / equity
0.41▲
2024 · 0.31
ROE
6.4%▲
2024 · 4.9%
ROA
4.5%▲
2024 · 3.7%
Interest coverage
19.12▼
2024 · 49.93
Debt
€374k▲
2024 · €261k
Debt ≤ 1 year
€138k▼
2024 · €205k
Debt > 1 year
€236k▲
2024 · €56k
Income taxes
€18k▼
2024 · €24k
Staff costs
€143k▼
2024 · €176k
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€1.11M€1.29M▲
Fixed assets21/28€451k€751k▲
Tangible fixed assets22/27€450k€750k▲
Land and buildings22€184k€480k▲
Plant, machinery and equipment23€73k€71k▼
Furniture and vehicles24€191k€198k▲
Other tangible fixed assets26€2k€1k▼
Financial fixed assets28€1k€971▼
Current assets29/58€662k€534k▼
Stocks and contracts in progress3€144k€72k▼
Stocks30/36€19k€23k▲
Contracts in progress37€125k€49k▼
Amounts receivable within one year40/41€376k€229k▼
Trade receivables40€362k€190k▼
Other amounts receivable41€15k€39k▲
Cash at bank and in hand54/58€118k€216k▲
Deferred charges and accrued income490/1€23k€17k▼
Equity and liabilities
Total equity and liabilities10/49€1.11M€1.29M▲
Equity10/15€853k€912k▲
Contributions10/11€256k€256k=
Capital10€256k€256k=
Issued capital100€256k€256k=
Reserves13€357k€333k▼
Non-distributable reserves130/1€15k€15k=
Legal reserve130€15k€15k=
Tax-exempt reserves132€46k€46k=
Distributable reserves133€296k€272k▼
Profit (loss) carried forward14€232k€320k▲
Investment grants15€7k€3k▼
Amounts payable17/49€261k€374k▲
Amounts payable after more than one year17€56k€236k▲
Financial debts170/4€56k€236k▲
Amounts payable within one year42/48€205k€138k▼
Current portion of amounts payable after more than one year42€76k€50k▼
Trade debts44€52k€28k▼
Suppliers440/4€52k€28k▼
Taxes, remuneration and social security45€35k€10k▼
Taxes450/3€5k€5k▼
Remuneration and social security454/9€30k€5k▼
Other amounts payable47/48€42k€50k▲
Income statement
Code20242025
Remuneration, social security and pensions62€176k€143k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€165k€137k▼
Other operating charges640/8€6k€45k▲
Gross operating margin9900€415k€408k▼
Operating profit (loss)9901€68k€83k▲
Financial income75/76B€2k€4k▲
Recurring financial income75€2k€4k▲
Financial charges65/66B€5k€11k▲
Recurring financial charges65€5k€11k▲
Profit (loss) for the period before taxes9903€65k€75k▲
Income taxes67/77€24k€18k▼
Profit (loss) for the period9904€41k€58k▲
Profit (loss) for the period to be appropriated9905€41k€58k▲
Appropriation of the result
Profit (loss) to be appropriated9906€332k€350k▲
Profit (loss) brought forward from the previous period14P€291k€292k▲
Transfer from equity791/2€85k-
Transfer to equity691/2€100k€30k▼
To other reserves6921€100k€30k▼
Profit to be distributed694/7€85k-
Return on contributions (dividend)694€85k-
Social balance
Average headcount (FTE)90873.5-
The notes to these accounts (11 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
29-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 214 days late
2024
31-03
Financial
Weakest financial yearnet €41k ▼57.1%
Net result drops to €41k, the lowest in the series; recovery starts the following year.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
31-03
Financial
Highest result since 2019net €97k ▲10.9%
Operating result €141k, net result €97k, both a record.
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
31-03
Financial
Liquidity doublescurrent ratio 3.58
Current ratio from 1.60 to 3.58; short-term debt falls from €332k to €156k.
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
28-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 209 days late
2016
25-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Gouvy · 1 establishment unit since 2002
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.
Courtil 576671 GouvyGround area
708 m²
Building footprint
140 m²
Parcel 82007E0750/00H000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Courtil 57, 6671 Gouvy
since 20022.114.076.594
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 82007E0750/00H000 | Wallonia | 708 m² | 1 · 140 m² | - |
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.
Recognitions · licences · registrations
Recognised contractor
16 categoriesEric GRANDJEAN SA28131
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Of 8,456 companies in sector 43120 we hold annual accounts for 3,233. 1,764 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded16-07-2002
Fiscal year end31-03
Activities, NACEBEL
43120Site preparation
45112
42220Construction of utility projects for electricity and telecommunications
43130Specialised construction activities
43320Joinery installation
45215
45422
52740
74700
81220Other building cleaning and industrial cleaning
95290Repair and maintenance of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:info@grandjeanericsa.be
Phone:080643264
Fax:080216492