G.R TRADERS
ActiveSummary
The computed 12-month bankruptcy probability of G.R TRADERS is 4.2% (elevated). The annual accounts of G.R TRADERS for fiscal year 2024 show a net loss of 80% of the equity at the start of that year. The 2024 annual accounts show equity of €12k and a net result of €-3k. Equity is growing by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 46% of 26043 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
29
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability21▼-44
Solvency53▲+20
Growth52▼-6
Track record94
Bankruptcy probability, 12 months
4.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.39 against 1.09 in 2023; short-term debt: 71.7% and cash: 0.9% of total assets), and 71.7% 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.
+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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
28.3%
Return on assets
-6.6%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
266 d late
2022
632 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€12k▲ 240%
2023 · €3k
2022: €10k
2023: €3k
2022 → 2024
Total assets
€41k▼ 3.6%
2023 · €42k
2022: €19k
2023: €42k
2022 → 2024
Net result
€-3k
2023 · €5k
2022: €5k
2023: €5k
2022 → 2024
Working capital
€12k▲ 240%
2023 · €3k
2022: €10k
2023: €3k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€10k-€3k▼ 64.4%€12k▲ 240%
Operating result€6k-€7k▲ 17.8%€-444
Net result€5k-€5k▲ 1.0%€-3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €444 after €7k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €41k
Equity
€12k ▲ 240%
Debt
€29k ▼ 24.8%
Debt's share of the balance-sheet total falls from 92.0% to 71.7%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
1.39▲
2023 · 1.09
Quick ratio
0.23▲
2023 · 0.13
Debt to equity
2.54▼
2023 · 11.47
ROE
-23.5%▼
2023 · 138.8%
ROA
-6.6%▼
2023 · 11.1%
Debt ≤ 1 year
€29k▼
2023 · €39k
Staff costs
€3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 33 lines
Balance sheet
Code20232024
Assets
Total assets20/58€42k€41k▼
Current assets29/58€42k€41k▼
Stocks and contracts in progress3€37k€34k▼
Stocks30/36€37k€34k▼
Amounts receivable within one year40/41€4k€6k▲
Trade receivables40€451€5k▲
Other amounts receivable41€3k€1k▼
Cash at bank and in hand54/58€1k€359▼
Equity and liabilities
Total equity and liabilities10/49€42k€41k▼
Equity10/15€3k€12k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€-1k€7k▲
Amounts payable17/49€39k€29k▼
Amounts payable within one year42/48€39k€29k▼
Trade debts44€23k€9k▼
Suppliers440/4€23k€9k▼
Advances received on contracts in progress46-€454
Taxes, remuneration and social security45€537€1k▲
Taxes450/3€537€1k▲
Other amounts payable47/48€16k€18k▲
Income statement
Code20232024
Remuneration, social security and pensions62-€3k
Other operating charges640/8€4k€6k▲
Gross operating margin9900€10k€9k▼
Operating profit (loss)9901€7k€-444▼
Financial income75/76B€29€476▲
Recurring financial income75€29€476▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€5k€-3k▼
Profit (loss) for the period9904€5k€-3k▼
Profit (loss) for the period to be appropriated9905€5k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-1k€7k▲
Profit (loss) brought forward from the previous period14P€-6k€9k▲
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
23-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 266 days late
23-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 632 days late
2024
31-12
Financial
Weakest financial yearnet €-3k ▼157%
Net result drops to €-3k, the lowest in the series.
2023
31-12
Financial
Highest result since 2022net €5k ▲1%
Operating result €7k, net result €5k, both a record.
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, Mons · 2 establishment units since 2022
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.
Grand-Rue 597000 MonsGround area
409 m²
Building footprint
111 m²
Volume, LiDAR
679 m³
2 parcels, Wallonia · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
G.R TRADERS
since 20222.328.907.543
The Box Lab
since 20262.383.780.344
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52363E0227/00C002 | Wallonia | 331 m² | 1 · 73 m² | 11.9 m · 3 fl. |
| 53053H0384/00C000 | Wallonia | 78 m² | 1 · 38 m² | - |
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
2 sitesCharleroi2.383.780.344
Mons2.328.907.543
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Of 10,519 companies in sector 47110 we hold annual accounts for 5,857. 3,618 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-01-2022
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:grt.srl.be@gmail.com