G.R.G.
ActiveG.R.G. has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €191k and a net result of €28k. Equity is growing by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 54% of 1200 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▲+5
Solvency70▲+6
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 1.64 against 1.37 in 2024; short-term debt: 33.5% and cash: 16% of total assets), but 55% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 81
Relative position
BE, all sectors
reference
Sector 81
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
45%
Return on assets
6.7%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
on the day
2023
on the day
2022
3 d early
2021
30 d late
2020
26 d late
2019
57 d early
← 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€191k▲ 17.5%
2024 · €162k
2018: €129k
2019: €174k
2020: €144k
2021: €173k
2022: €192k
2023: €176k
2024: €162k
2018 → 2025
Total assets
€424k▲ 0.8%
2024 · €421k
2018: €355k
2019: €398k
2020: €451k
2021: €440k
2022: €504k
2023: €433k
2024: €421k
2018 → 2025
Net result
€28k▲ 151%
2024 · €11k
2018: €25k
2019: €45k
2020: €-30k
2021: €28k
2022: €19k
2023: €4k
2024: €11k
2018 → 2025
Working capital
€91k▲ 54.5%
2024 · €59k
2018: €86k
2019: €159k
2020: €91k
2021: €112k
2022: €101k
2023: €73k
2024: €59k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€173k-€192k▲ 11.1%€176k▼ 8.3%€162k▼ 7.8%€191k▲ 17.5%
Operating result€36k-€26k▼ 27.1%€13k▼ 51.4%€25k▲ 92.0%€46k▲ 88.1%
Net result€28k-€19k▼ 32.4%€4k▼ 79.0%€11k▲ 180%€28k▲ 151%
Turnover and EBIT margin not published: the abbreviated 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 88% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €424k
Fixed assets
€191k▼ 5.3%
Current assets
€233k▲ 6.4%
Equity and liabilities €424k
Equity
€191k▲ 17.5%
Debt
€234k▼ 9.7%
The debt ratio falls from 61.4% to 55.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€101k▲
2024 · €80k
Cash flow
€83k▲
2024 · €67k
Solvency
45.0%▲
2024 · 38.6%
Current ratio
1.64▲
2024 · 1.37
Quick ratio
1.64▲
2024 · 1.37
Debt / equity
1.22▼
2024 · 1.59
ROE
14.9%▲
2024 · 7.0%
ROA
6.7%▲
2024 · 2.7%
Interest coverage
18.97▲
2024 · 15.05
Debt
€234k▼
2024 · €259k
Debt ≤ 1 year
€142k▼
2024 · €160k
Debt > 1 year
€91k▼
2024 · €98k
Income taxes
€13k▲
2024 · €8k
Staff costs
€603k▼
2024 · €641k
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€421k€424k▲
Fixed assets21/28€202k€191k▼
Tangible fixed assets22/27€202k€191k▼
Land and buildings22€108k€96k▼
Plant, machinery and equipment23€21k€15k▼
Furniture and vehicles24€70k€77k▲
Other tangible fixed assets26€3k€3k▼
Current assets29/58€219k€233k▲
Amounts receivable within one year40/41€161k€150k▼
Trade receivables40€160k€149k▼
Other amounts receivable41€171€171=
Cash at bank and in hand54/58€43k€68k▲
Deferred charges and accrued income490/1€16k€16k▼
Equity and liabilities
Total equity and liabilities10/49€421k€424k▲
Equity10/15€162k€191k▲
Reserves13€162k€191k▲
Distributable reserves133€162k€191k▲
Amounts payable17/49€259k€234k▼
Amounts payable after more than one year17€98k€91k▼
Financial debts170/4€98k€91k▼
Amounts payable within one year42/48€160k€142k▼
Current portion of amounts payable after more than one year42€37k€41k▲
Trade debts44€59k€21k▼
Suppliers440/4€59k€21k▼
Taxes, remuneration and social security45€51k€68k▲
Taxes450/3€10k€16k▲
Remuneration and social security454/9€40k€51k▲
Other amounts payable47/48€14k€12k▼
Income statement
Code20242025
Non-recurring operating income76A-€3k
Remuneration, social security and pensions62€641k€603k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56k€55k▼
Other operating charges640/8€10k€8k▼
Gross operating margin9900€731k€712k▼
Operating profit (loss)9901€25k€46k▲
Financial income75/76B€1k€327▼
Recurring financial income75€1k€327▼
Financial charges65/66B€7k€5k▼
Recurring financial charges65€5k€5k▼
Non-recurring financial charges66B€1k-
Profit (loss) for the period before taxes9903€19k€41k▲
Income taxes67/77€8k€13k▲
Profit (loss) for the period9904€11k€28k▲
Profit (loss) for the period to be appropriated9905€11k€28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€11k€28k▲
Transfer from equity791/2€25k-
Transfer to equity691/2€11k€28k▲
To other reserves6921€11k€28k▲
Profit to be distributed694/7€25k-
Return on contributions (dividend)694€25k-
Social balance
Average headcount (FTE)908714.014.0=
The notes to these accounts (9 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
31-12
Financial
Back to profitnet €28k
Net result €28k after one loss-making year.
31-12
Financial
Equity above €150kEq €173k ▲19.7%
Equity rises from €144k to €173k.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
2020
31-12
Financial
Weakest financial yearnet €-30k ▼166%
Net result drops to €-30k, the lowest in the series; recovery starts the following year.
04-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €45k ▲76.7%
Operating result €65k, net result €45k, both a record.
31-12
Financial
Equity above €150kEq €174k ▲34.7%
2 profitable years in a row build equity to €174k.
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 21 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Leuven · 1 establishment unit since 1992
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.
Weggevoerdenstraat 823012 LeuvenGround area
207 m²
Building footprint
72 m²
Volume, LiDAR
340 m³
Parcel 24126B0177/00R000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
G.R.G.
since 19922.050.825.765
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24126B0177/00R000 | Flanders | 207 m² | 1 · 72 m² | 8.2 m · 2 fl. |
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.
Similar companies · same sector, comparable size
EUROGESTIONS
BE 0766.581.102
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A'CLEAN
BE 0693.942.453
De Haan · Eq €190k
NETSPIC
BE 0802.577.505
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RAPID NET
BE 0766.606.044
Evere · Eq €192k
DE VRIENDT NETTOYAGE
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Pecq · Eq €189k
Of 7,356 companies in sector 81210 we hold annual accounts for 2,734. 1,960 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-12-1990
Fiscal year end31-12
Activities, NACEBEL
74700
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.