G.R.S.
ActiveG.R.S. has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €42k and a net result of €1k. Equity is growing by ~7% per year across the filed fiscal years. Its solvency ranks better than 40% of 11200 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability14▼-17
Solvency47▼-4
Growth52=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.12 against 1.26 in 2024), and 71.5% 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
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
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
28.5%
Return on assets
0.8%
Age of the figures
9 mo
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 11-05-2026, 81 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
81 d early
2024
71 d early
2023
69 d early
2022
76 d early
2021
76 d early
2020
88 d early
2019
74 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€42k▲ 2.9%
2024 · €41k
2018: €24k
2019: €24k
2020: €35k
2021: €39k
2022: €36k
2023: €39k
2024: €41k
2018 → 2025
Total assets
€148k▲ 4.1%
2024 · €142k
2018: €159k
2019: €121k
2020: €111k
2021: €118k
2022: €150k
2023: €178k
2024: €142k
2018 → 2025
Net result
€1k▼ 52.4%
2024 · €3k
2018: €3k
2019: €85
2020: €10k
2021: €5k
2022: €-4k
2023: €3k
2024: €3k
2018 → 2025
Working capital
€10k▼ 45.3%
2024 · €19k
2018: €18k
2019: €20k
2020: €29k
2021: €32k
2022: €19k
2023: €29k
2024: €19k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€39k-€36k▼ 9.0%€39k▲ 7.5%€41k▲ 6.6%€42k▲ 2.9%
Operating result€7k-€-2k€6k€7k▲ 16.3%€4k▼ 32.2%
Net result€5k-€-4k€3k€3k▼ 5.5%€1k▼ 52.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 32% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €148k
Fixed assets
€48k▼ 4.7%
Current assets
€101k▲ 8.8%
Equity and liabilities €148k
Equity
€42k▲ 2.9%
Debt
€106k▲ 4.5%
The debt ratio rises from 71.2% to 71.5%: debt grows faster than equity.
Key figures and ratios
EBITDA
€7k▼
2024 · €7k
Cash flow
€4k▲
2024 · €3k
Solvency
28.5%▼
2024 · 28.8%
Current ratio
1.12▼
2024 · 1.26
Quick ratio
0.20▼
2024 · 0.27
Debt / equity
2.51▲
2024 · 2.47
ROE
2.8%▼
2024 · 6.2%
ROA
0.8%▼
2024 · 1.8%
Interest coverage
2.44▲
2024 · 2.27
Debt
€106k▲
2024 · €101k
Debt ≤ 1 year
€90k▲
2024 · €73k
Debt > 1 year
€15k▼
2024 · €28k
Income taxes
€493▼
2024 · €932
Staff costs
€86k▲
2024 · €79k
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€142k€148k▲
Fixed assets21/28€50k€48k▼
Tangible fixed assets22/27€50k€48k▼
Plant, machinery and equipment23€185-
Furniture and vehicles24€50k€48k▼
Financial fixed assets28€150€100▼
Current assets29/58€92k€101k▲
Stocks and contracts in progress3€73k€83k▲
Stocks30/36€73k€83k▲
Amounts receivable within one year40/41€12k€15k▲
Trade receivables40€4k€9k▲
Other amounts receivable41€8k€6k▼
Cash at bank and in hand54/58€8k€3k▼
Deferred charges and accrued income490/1€333€339▲
Equity and liabilities
Total equity and liabilities10/49€142k€148k▲
Equity10/15€41k€42k▲
Contributions10/11€7k€7k=
Outside capital11€7k€7k=
Other1109/19€7k€7k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€32k€34k▲
Amounts payable17/49€101k€106k▲
Amounts payable after more than one year17€28k€15k▼
Financial debts170/4€28k€15k▼
Amounts payable within one year42/48€73k€90k▲
Current portion of amounts payable after more than one year42€13k€14k▲
Trade debts44€45k€54k▲
Suppliers440/4€45k€54k▲
Taxes, remuneration and social security45€11k€19k▲
Taxes450/3€668€625▼
Remuneration and social security454/9€11k€19k▲
Other amounts payable47/48€4k€3k▼
Accrued charges and deferred income492/3€98€662▲
Income statement
Code20242025
Remuneration, social security and pensions62€79k€86k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€544€2k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€88k€94k▲
Operating profit (loss)9901€7k€4k▼
Financial income75/76B€30€5▼
Recurring financial income75€30€5▼
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€3k€2k▼
Income taxes67/77€932€493▼
Profit (loss) for the period9904€3k€1k▼
Profit (loss) for the period to be appropriated9905€3k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€32k€34k▲
Profit (loss) brought forward from the previous period14P€30k€32k▲
The notes to these accounts (6 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
11-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
21-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
16-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-4k ▼177%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
16-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
04-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €10k ▲12201%
Operating result €14k, net result €10k, both a record.
18-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
21-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
15-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Châtelet · 2 establishment units since 1995
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 la Justice 1786200 ChâteletGround area
2,235 m²
Building footprint
298 m²
Volume, LiDAR
1,354 m³
2 parcels, Wallonia · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
scrl "g.r.s."
since 19952.052.522.473
Différentielle
since 20172.266.056.491
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52028D0036/00K002 | Wallonia | 1,126 m² | 1 · 114 m² | 4.2 m · 1 fl. |
| 52012B0328/00K004 | Wallonia | 1,109 m² | 1 · 184 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteCharleroi2.052.522.473
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Of 536 companies in sector 46120 we hold annual accounts for 302. 168 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-01-1991
Fiscal year end31-12
Activities, NACEBEL
46120Wholesale trade
47300Retail sale of automotive fuel
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
47120Other non-specialised retail sale
47191Retail trade
47711Retail sale of women's outerwear
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
47910Retail trade
47990Retail trade
77224Rental and leasing activities
77229Renting and leasing of other personal and household goods
77299Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.