G.R.S.

Active

Private limited companyfounded 2000active for 26 yearsKemelbeekstraat 32, 2460 Kasterlee, BelgiumKBO/BCE: BE 0471.796.221

Summary

G.R.S. has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €387,767 and a net result of €177,856. Equity is growing by about 26% per year across the filed financial years. Its solvency ranks better than 60% of 13,626 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow Report Compare

G.R.S.ActiveChecked score 98/100

Risk analysis Report Compare

Activity

Wholesale trade

NACE 46381

1 site

Size

€722,665total assets 2025

Staff: 0.4 FTE
Equity: €387,767
Profit: €177,856

Turnover not published (micro format)

Financial health

98 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: < 0.1%

Structure

2025 accounts filed 28 days late1 of 2 deeds summarised

Why 98lowers riskSize: total assets €722,665Liquidity: current ratio 1.92, cash €149,225Founded in 2000Equity €387,767 (53.7% of total assets)Show the evidence

Checked score

Score 2025

98 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 80% of its sector peers (NACE 46, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 79+20

equity 53.7% of total assets

Liquidity 73+12

short-term debt 14.7% · cash 20.6%

Profitability 100+24

return on assets 24.6%

Bankruptcy probability, 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 0.4% (26,871 companies, NACE 46, micro)

Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.5%▲ +0.1 percentage points vs 03-2025 05-2025: 0.6%▲ +0.1 percentage points vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.7%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.2%▼ -0.5 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.1%▼ -0.1 percentage points 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%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.2 percentage points vs 07-2026 09-2026: < 0.1%▼ -0.3 percentage points vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value

Credit of up to €35,000 on 30-day terms is acceptable

Liquidity ample (current ratio 1.92, compared with 1.17 in 2024, above the usual 1.5; short-term debt: 14.7% and cash: 20.6% of total assets), and 46.3% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 61% on solvency, 77% on liquidity, 90% on profitability and 92% on growth.

The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskneutral

Size: total assets €722,665

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Liquidity: current ratio 1.92, cash €149,225

NBB · annual accounts

Founded in 2000

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Equity €387,767 (53.7% of total assets)

NBB · annual accounts

A punctual record breaks

This company filed 5 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: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.

NBB · 10 filings

Deviation from the deadline

2025

28 days late

2024

27 days early

2023

1 day early

2022

4 days early

2021

33 days early

2020

36 days early

2019

70 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average on the deadline day; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)

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 27 July (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

24-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

28-08-2026 Annual accounts filedfinancial year 2025 · micro…
31-12-2025 Highest result from 2018 to 2025net €177,856 ▲384%
04-07-2025 Annual accounts filedfinancial year 2024 · micro…

Key points

Positive: Result rose in 2025from €36,767 to €177,856 ▲ 384% View
Positive: Among the best 5% on net resultsector median €5,606 · 13,632 companies €177,856 View
Positive: 7 profitable years in a rowprofit 2025: €177,856 7 years View

By topic

Financials

Financial year: 2025
Total assets: €722,665
Profit: €177,856
Solvency: 53.7%

Total assets▲ 15.8%

Net result

20182025

Go to Financials

Timeline

Events: 32
Since: 2001
Next accounts: by 31-07-2027

31-12-2024Equity above €200,000
30-07-2024Annual accounts filed
13-11-2023Registered office · Amendment of the articles…

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Wholesale tradeNACE 46381
Founded: 28-04-2000
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 29

Purpose: “Groot- en kleinhandel in groenten en fruit; Vervoersonderneming van goederen over de weg…” (deed in Dutch)

Go to Articles of association

Key facts about G.R.S.

What is the company number of G.R.S.?: 0471.796.221. In Belgium the VAT number is the company number with BE in front: BE 0471.796.221.
Where is G.R.S. based?: The registered office is at Kemelbeekstraat 32, 2460 Kasterlee.Company details
What does G.R.S. do?: According to the KBO register, the main activity is wholesale trade (NACE 46381).
What is the legal form of G.R.S.?: Private limited company (BV).
When was G.R.S. founded?: On 28-04-2000.
Is G.R.S. still active?: Yes, G.R.S. is an active enterprise in the KBO register.
How many employees does G.R.S. have?: On average 0.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of G.R.S.?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is G.R.S. profitable?: In financial year 2025, G.R.S. made a profit of €177,856.
Where can I find the annual accounts of G.R.S.?: G.R.S. filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of G.R.S. due?: By 31-07-2027, for financial year 2026.Timeline