FULL GREC
ActiveThe computed 12-month bankruptcy probability of FULL GREC is 2.0% (moderate). The 2025 annual accounts show equity of €82k and a net result of €40k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 55% of 27386 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
100
/ 100
Excellent▲ +29 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency90▲+15
Growth78=
Stability100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 1.74 against 1.0 in 2024), and 48.5% 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 · 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
51.5%
Return on assets
25.1%
Age of the figures
8 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €82k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
30 d late
2022
65 d late
2021
85 d late
2020
52 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€82k▲ 95.0%
2024 · €42k
2020: €19k
2021: €1k
2022: €23k
2023: €20k
2024: €42k
2020 → 2025
Total assets
€159k▲ 119%
2024 · €73k
2020: €77k
2021: €80k
2022: €92k
2023: €87k
2024: €73k
2020 → 2025
Net result
€40k▲ 85.5%
2024 · €22k
2020: €-849
2021: €-18k
2022: €22k
2023: €-3k
2024: €22k
2020 → 2025
Working capital
€57k
2024 · €-123
2020: €-3k
2021: €-11k
2022: €5k
2023: €16k
2024: €-123
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1k-€23k▲ 1,545%€20k▼ 10.9%€42k▲ 105%€82k▲ 95.0%
Operating result€-18k-€23k€-2k€30k€61k▲ 104%
Net result€-18k-€22k€-3k€22k€40k▲ 85.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 104% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €159k
Fixed assets
€25k▼ 41.6%
Current assets
€135k▲ 341%
Equity and liabilities €159k
Equity
€82k▲ 95.0%
Debt
€77k▲ 152%
The debt ratio rises from 42.2% to 48.5%: debt grows faster than equity.
Key figures and ratios
EBITDA
€69k▲
2024 · €37k
Cash flow
€47k▲
2024 · €28k
Solvency
51.5%▼
2024 · 57.8%
Current ratio
1.74▲
2024 · 1.00
Quick ratio
1.45▲
2024 · 0.40
Debt / equity
0.94▲
2024 · 0.73
ROE
48.7%▼
2024 · 51.2%
ROA
25.1%▼
2024 · 29.6%
Interest coverage
43.19▲
2024 · 34.23
Debt
€77k▲
2024 · €31k
Debt ≤ 1 year
€77k▲
2024 · €31k
Income taxes
€20k▲
2024 · €7k
Staff costs
€17
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€73k€159k▲
Fixed assets21/28€42k€25k▼
Tangible fixed assets22/27€40k€25k▼
Land and buildings22€6k€5k▼
Plant, machinery and equipment23€20k€17k▼
Furniture and vehicles24€15k€2k▼
Financial fixed assets28€2k€0▼
Current assets29/58€31k€135k▲
Stocks and contracts in progress3€18k€23k▲
Stocks30/36€18k€23k▲
Amounts receivable within one year40/41€8k€102k▲
Trade receivables40€1k€18k▲
Other amounts receivable41€7k€84k▲
Cash at bank and in hand54/58€1k€10k▲
Deferred charges and accrued income490/1€3k€340▼
Equity and liabilities
Total equity and liabilities10/49€73k€159k▲
Equity10/15€42k€82k▲
Contributions10/11€20k€20k=
Reserves13-€39k
Distributable reserves133-€39k
Profit (loss) carried forward14€22k€23k▲
Amounts payable17/49€31k€77k▲
Amounts payable within one year42/48€31k€77k▲
Trade debts44€18k€23k▲
Suppliers440/4€18k€23k▲
Advances received on contracts in progress46€5k€29k▲
Taxes, remuneration and social security45€7k€25k▲
Taxes450/3€7k€25k▲
Income statement
Code20242025
Remuneration, social security and pensions62-€17
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▲
Other operating charges640/8€3k€5k▲
Gross operating margin9900€39k€74k▲
Operating profit (loss)9901€30k€61k▲
Financial income75/76B-€2
Recurring financial income75-€2
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€29k€60k▲
Income taxes67/77€7k€20k▲
Profit (loss) for the period9904€22k€40k▲
Profit (loss) for the period to be appropriated9905€22k€40k▲
Appropriation of the result
Profit (loss) to be appropriated9906€22k€62k▲
Profit (loss) brought forward from the previous period14P€491€22k▲
Transfer to equity691/2-€39k
To other reserves6921-€39k
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
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2020net €40k ▲85.5%
Operating result €61k, net result €40k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
04-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 65 days late
2022
31-12
Financial
Back to profitnet €22k
Net result €22k after 2 loss-making years.
24-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 85 days late
2021
31-12
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
21-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 52 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, Aubange · 1 establishment unit since 2020
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.
Rue de Rodange - ATHUS 836791 Aubange1 establishment unit
FULL GREC
since 20202.336.128.402
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Of 7,247 companies in sector 43350 we hold annual accounts for 2,333. 1,970 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-02-2020
Fiscal year end31-12
Activities, NACEBEL
43350Other building finishing work
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filings
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.