Equity
€1.4m =
ETABLISSEMENTS J. GROMMET paid out €136,402 in dividends. That is 100% of the 2025 profit.
ETABLISSEMENTS J. GROMMET
Lifetime
20 annual accounts with figures on one time axis, 38 filings since 1987peak €1.9m (2024)
€1.9m▼ 1.4%
peak €374,366 (2019)
€136,402▼ 17.2%
peak €2.6m (2013)
€1.4munchanged
€987,159▼ 0.6%
peak 26.8 FTE (2024)
26.3 FTE▼ 1.9%
Board1 name since 2021
1 directorSRL APPLITEC
Owners
99.97%APPLITEC
Documentsfilings and deeds
03-06-202658 days before the deadline
2025financial year
Dividend €136,402
Key points
from the 2025 annual accountsChecked score
95
Excellent
Financially stronger than 61% of small companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 2,650 companies (NACE 43, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.2%▲ +0.1 percentage points vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.4%▲ +0.2 percentage points vs 07-2025highest value
09-2025: 0.1%▼ -0.3 percentage points vs 08-2025
10-2025: < 0.1%▼ -0.1 percentage points vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: 0.1%▲ +0.1 percentage points vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: < 0.1%▼ -0.1 percentage points vs 06-2026lowest value
08-2026: < 0.1%● unchanged vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 2.33, cash €553,146
Founded in 1987
Equity €1.4m (57.3% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, small). It does better than 75% of them on solvency, 82% on liquidity, 59% on profitability and 29% on growth.
The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 20,137 companies had the same profile as ETABLISSEMENTS J. GROMMET has now. Each dot stands for 51 companies, two years later.
95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of ETABLISSEMENTS J. GROMMET itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,137 companies, not a prediction for ETABLISSEMENTS J. GROMMET. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €130,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.33 (2.31 in 2024), above the usual 1.5. Short-term debt is 28.3% and cash 22% of total assets. 42.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
58 days early
2024
27 days late
2023
37 days early
2022
21 days late
2021
30 days late
2020
31 days late
2019
80 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 13 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 August (4 of the last 5 accounts filed within 57 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0431216171
Appointment: SRL APPLITEC (sole director)
Permanent representative: GROMMET Alain · Registered office clause: Rue de Herve 159 · General meeting of 25-08-2023 · Gazette deed
First establishment
Rue de Herve 157, Herve
Incorporation
published on 10-06-1987 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ETABLISSEMENTS J. GROMMET Herve | €2.5m | €1.9m | 57.3% | 26.3 |
| PHILIPPE LAMBERMONT Liège | €2.1m | €1.9m | 56.4% | 23.6 |
| H.M. Socquet Ans | €2.9m | €1.9m | 9.1% | 32.9 |
| OTTO JOUCK ET FILS - OTTO JOUCK UND SOHN Butgenbach | €3.3m | €1.9m | 76.4% | 19.5 |
| ARTILIEGE Liège | €2.6m | €1.5m | 25.0% | 18.1 |
| AIRQUALITY GROUP Duffel | €2.4m | €2.4m | 48.6% | 22.5 |
| ETABLISSEMENTS DERIDDER Nivelles | €2.3m | €2.1m | 39.0% | 23.5 |
These companies have the same main activity as ETABLISSEMENTS J. GROMMET: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €2.1m and €3.3m, founded between 1978 and 1991.
Official details
Source: KBO- Status
- Active since 18-05-1987Normal situation
- Activity
- Installation of electric heating, air conditioning, cooling and ventilationNACE 43222and 3 others
- Joint committees
- 200Auxiliary committee for white-collar workers
- 149.01Electricians: installation and distribution · annual accounts 2024
- Establishment unit
- 2.029.394.2104651 Herve, since 07-07-1987
- Financial year end
- 31 December
- Peppol
- Reachable since 02-09-2025
Annual accounts 2025
- ≈ €5.3mestimated
- €2.5m▼ 0.2%
- Employeeson 31-12-2025
- 28▲ 3.7%
- Filing
- Filed on 03-06-2026, 58 days before the end of the filing period
Insights on ETABLISSEMENTS J. GROMMET
ETABLISSEMENTS J. GROMMET has existed since 1987. The gross margin grew from €1.1m in 2006 to €1.9m in 2025 and staff from 17.3 to 26.3 full-time equivalents.
APPLITEC holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ETABLISSEMENTS J. GROMMET
- What is the company number of ETABLISSEMENTS J. GROMMET?
- The company number of ETABLISSEMENTS J. GROMMET is 0431.216.171. The VAT number is the same number with BE in front: BE 0431.216.171.
- Where is ETABLISSEMENTS J. GROMMET based?
- The registered office is at Rue de Herve 159, 4651 Herve.Company details
- What does ETABLISSEMENTS J. GROMMET do?
- According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
- What is the legal form of ETABLISSEMENTS J. GROMMET?
- ETABLISSEMENTS J. GROMMET is a public limited company (NV).
- When was ETABLISSEMENTS J. GROMMET founded?
- ETABLISSEMENTS J. GROMMET was founded on 18-05-1987.
- Is ETABLISSEMENTS J. GROMMET still active?
- Yes, ETABLISSEMENTS J. GROMMET is an active enterprise in the KBO register.
- How many employees does ETABLISSEMENTS J. GROMMET have?
- ETABLISSEMENTS J. GROMMET had an average of 26.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does ETABLISSEMENTS J. GROMMET fall under?
- In its 2024 annual accounts, ETABLISSEMENTS J. GROMMET states joint committees 200 (Auxiliary committee for white-collar workers) and 149.01 (Electricians: installation and distribution).
- What is the turnover of ETABLISSEMENTS J. GROMMET?
- The turnover in financial year 2025 is ≈ €5.3m. This figure is estimated from the gross margin of €1.9m and 30 comparable companies (NACE 432). It probably lies between €4.4m and €6.6m.
- Is ETABLISSEMENTS J. GROMMET profitable?
- In financial year 2025, ETABLISSEMENTS J. GROMMET made a profit of €136,402.
- Where can I find the annual accounts of ETABLISSEMENTS J. GROMMET?
- ETABLISSEMENTS J. GROMMET filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ETABLISSEMENTS J. GROMMET due?
- ETABLISSEMENTS J. GROMMET must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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