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EUROGRI

Active
Public limited companyfounded 1980active for 45 yearsGeistingen (Oph) 102, 3640 Kinrooi, BelgiumKBO/BCE: BE 0421.317.718
Summary

EUROGRI has been active since 1980 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9.3m and a net result of €430,402. Equity has been shrinking by about 7.1% per year since 2018. Its solvency ranks better than 63% of 81 sector peers (NACE 08, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
EUROGRIActiveChecked score 94/100
Risk analysis ReportCompare

Overview

Official details

Source: KBO
Status
Active since 23-12-1980 Normal situation
Activity
Other mining and quarrying NACE 08121and 4 others
Joint committee
124 Paritair Comité voor het bouwbedrijf · annual accounts 2025
Establishment units
2.018.318.392 3640 Kinrooi, since 23-12-1980
2.361.311.085 3550 Heusden-Zolder, since 01-01-1991and 2 others
Financial year end
31 December
Peppol
Reachable
Company details

Board and ownership

Board
  • VEDAManaging director · permanent representative David MUSIEK
  • Thomas KLEINBONGARTZDirector · since 16-06-2023
  • Niba, vennootschap naar Nederlands recht NVDirector · since 30-04-2024
and 1 other
Auditor
BV MOORE AUDIT
Shareholders
  • BELMAGRI HOLDING2025 annual accounts of BELMAGRI HOLDING
  • Hülskens Holding GmbH & Co KGannual accounts 2025
Holdings
Shares in 3 companies including Gmg Grundbesitz Geschaftsfuhrung GmbH and Gmg Grundbesitz GmbH & Co KG
Board & ownership

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Turnover
€39.8m
▲ 10.0%
Profit
€430,402
▲ 12.9%
Equity
€9.3m
▲ 4.8%
Total assets
€15.2m
▲ 17.0%
Employees on 31-12-2025
2
▼ 33.3%
Filed on 19-06-2026, 42 days before the deadline
Financials
Score breakdownlowers riskFounded in 1980Size: turnover €39.8m, 2.1 FTE, total assets €15.2mEquity €9.3m (61.4% of total assets)Legal form: public limited companyShow the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 50% of micro companies in other mining and quarrying (NACE 08)
Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Strong
Solvency 86-8
equity 61.4% of total assets
Liquidity 50=
short-term debt 29.4% · cash 9.6%
Profitability 53-5
return on assets 2.8%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (115 companies, NACE 08, micro)
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: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged 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%● unchanged 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 06-2026highest value 08-2026: 0.1%● unchanged vs 07-2026highest value 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026highest value 11-2026: 0.1%● unchanged vs 10-2026highest value
Credit of up to €850,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.95 (2.22 in 2024), above the usual 1.5. Short-term debt is 29.4% and cash 9.6% of total assets. 38.6% of the assets are financed with debt and provisions.
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 08, micro). It does better than 60% of them on solvency, 40% on liquidity, 30% on profitability and 68% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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Signals

Five signals.
lowers riskneutral
lowers risk · Founded in 1980
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: turnover €39.8m, 2.1 FTE, total assets €15.2m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €9.3m (61.4% of total assets)
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
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 19-06-2026, 42 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
42 days early
2024
35 days early
2023
42 days early
2022
40 days early
2021
24 days early
2020
23 days early
2019
23 days early
← 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 33 days before the deadline. In the sector (NACE 08), the median for financial year 2024 was 21 days before the deadline, and 30% 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 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 3rd largest company by equity in Limburg, Mining and quarrying sectorin the Checked rankings No. 3 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €430,402 7 years View

Recent changes

  1. · Gazette deed Appointments: BV VEDA (managing director) and Roel VRIENS (bijkomend bestuurder)
  2. · Gazette deed Permanent representatives: David MUSIEK and Gerrit POMSTRA
  3. · Gazette deed Reappointment: Moore Audit BV (statutory auditor)Permanent representatives: Sam KWANTEN, David MUSIEK and Gerrit POMSTRA
All 18 events

Companies linked to EUROGRI

Subsidiaries and holdings

Comparable companies

These companies have their main activity in the same NACE class as EUROGRI: other mining and quarrying (NACE 0812). With exactly the same main activity (NACE 08121), too few companies are of comparable size. They are comparable in size and age: total assets between €6m and €64m, founded between 1968 and 1994.

CompanyTotal assetsTurnover
EUROGRI Kinrooi€15.2m€39.8m
MEGANCK - COLLEWAERT Lokeren€9.4m-
Bichterweerd Dilsen-Stokkem€7.9m-
ORBIX Genk€8.1m-
ZANDGROEVEN GODTS Bierbeek€9.3m-
BALEGRO Oostende€6.0m-
Deme Building Materials Beveren-Kruibeke-Zwijndrecht€63.6m€60.0m
Full comparison

Key facts about EUROGRI
What is the company number of EUROGRI?
The company number of EUROGRI is 0421.317.718. The VAT number is the same number with BE in front: BE 0421.317.718.
Where is EUROGRI based?
The registered office is at Geistingen (Oph) 102, 3640 Kinrooi.Company details
What does EUROGRI do?
According to the KBO register, the main activity is other mining and quarrying (NACE 08121).
What is the legal form of EUROGRI?
The legal form of EUROGRI is Public limited company (NV).
When was EUROGRI founded?
EUROGRI was founded on 23-12-1980.
Is EUROGRI still active?
Yes, EUROGRI is an active enterprise in the KBO register.
How many employees does EUROGRI have?
EUROGRI had an average of 2.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does EUROGRI fall under?
In its 2025 annual accounts, EUROGRI states joint committee 124 (Paritair Comité voor het bouwbedrijf).
What is the turnover of EUROGRI?
The turnover of EUROGRI was €39.8m in financial year 2025, according to the filed annual accounts.
Is EUROGRI profitable?
In financial year 2025, EUROGRI made a profit of €430,402.
Where can I find the annual accounts of EUROGRI?
EUROGRI filed 45 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of EUROGRI due?
EUROGRI must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

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