Equity
€52,000 from €518,321 in 2022
Equity fell by 90% in 3 years.
GR Lex Solutions
Lifetime
6 annual accounts with figures on one time axispeak €399,267 (2025)
€399,267▲ 5.3%
peak €303,284 (2025)
€303,284▲ 5.3%
peak €518,321 (2022)
€52,000▼ 66.9%
€418,460▲ 4.6%
Board1 name since 2020
1 directorZACHARODIMOS Georgios
Documentsfilings and deeds
29-06-202632 days before the deadline
2025micro format
Dividend €408,610Equity from €157,326 to €52,000
Key points
from the 2025 annual accountsTurnover
≈ €680,000 estimated
The micro format states no turnover.
Debts
€418,460 89% of the balance sheet
Filings
6 annual accounts 3 late
The 2022 accounts came latest: 61 days after the end of the period.
Starting capital
€2,000 100 shares
Position in the sector
11.1%
Lower solvency than 86% of companies in legal and accounting. Sector median 56.8% · 15,828 companies.
Checked score
92
Excellent
Financially stronger than 34% of micro companies in legal and accounting (NACE 69)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: < 0.1% across 20,104 companies (NACE 69, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: 0.1%▲ +0.1 percentage points vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025highest value
08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged 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%▲ +0.1 percentage points vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: < 0.1%▼ -0.1 percentage points vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Equity €52,000 (11.1% of total assets)
lowers risk
Sector: Legal and accounting activities (NACE 69)
Liquidity: current ratio 1.12, cash €452,738
Size: total assets €470,460
Calculation
The band follows from the bankruptcy probability. 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 69, micro). It does better than 16% of them on solvency, 31% on liquidity, 82% on profitability and 8% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,684 companies had the same profile as GR Lex Solutions has now. Each dot stands for 7 companies, two years later.
97.3%
were still trading
1.2%
stopped another way
1.3%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of GR Lex Solutions itself is lower: < 0.1% within 12 months. It rests on far more data about GR Lex Solutions than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,684 companies, not a prediction for GR Lex Solutions. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.12 (1.39 in 2024), below the usual 1.5. Short-term debt is 88.9% and cash 96.2% of total assets. 88.9% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 15828 sector peers (2025).
NBB · sector comparisonPosition among 15828 sector peers
Solvency
better than 14%
← weakest
strongest →
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 29-06-2026, 32 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
32 days early
2024
30 days early
2023
182 days early
2022
61 days late
2021
52 days late
2020
3 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 21 days before the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · 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 1 July (4 of the last 5 accounts filed within 91 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0751606379
Registered office moved within Ixelles
New registered office: Rue Souveraine 44, 1050 Ixelles · Previous registered office: Rue du Nid 6, boîte 11, 1050 Ixelles · Board meeting of 01-06-2024 · Gazette deed
Registered office moved within Ixelles
New registered office: Rue du Nid 6, boîte 11, 1050 Ixelles · Previous registered office: Rue Lesbroussart 116, 1050 Ixelles · Gazette deed
Incorporation
Founding capital of €2,000 · Founder: ZACHARODIMOS Georgios (comparant) · Founding capital of EUROS 2,000, 100 shares · Appointment: ZACHARODIMOS Georgios (director) · published on 31-07-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GR Lex Solutions Ixelles | €470,460 | €399,267 | 11.1% | - |
| E.S. Advocaat Ixelles | €393,026 | €386,333 | 0.5% | - |
| SJZ LEGAL Auderghem | €440,192 | €420,962 | 26.3% | - |
| Anne Tilleux Uccle | €447,331 | €400,953 | 7.9% | - |
| Legal Austrian Forest | €475,385 | €406,861 | 6.9% | - |
| MVR Legal Woluwe-Saint-Pierre | €492,925 | €424,886 | 30.2% | - |
| L&U LAW Brussels | €391,974 | €403,930 | 53.7% | - |
These companies have the same main activity as GR Lex Solutions: activities of lawyers (NACE 69101). They are comparable in size and age: total assets between €392,000 and €493,000, founded between 2019 and 2021.
Official details
Source: KBO- Status
- Active since 29-07-2020Normal situation
- Activity
- Activities of lawyersNACE 69101
- Establishment unit
- 2.306.023.6591050 Ixelles, since 29-07-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 28-12-2025
Annual accounts 2025
- €470,460▼ 15.6%
- Filing
- Filed on 29-06-2026, 32 days before the end of the filing period
Insights on GR Lex Solutions
GR Lex Solutions files the micro format. That format states no turnover. The gross margin rose from €149,056 in 2020 to €399,267 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GR Lex Solutions
- What is the company number of GR Lex Solutions?
- The company number of GR Lex Solutions is 0751.606.379. The VAT number is the same number with BE in front: BE 0751.606.379.
- Where is GR Lex Solutions based?
- The registered office is at Opperstraat 44, 1050 Ixelles.Company details
- What does GR Lex Solutions do?
- According to the KBO register, the main activity is activities of lawyers (NACE 69101).
- What is the legal form of GR Lex Solutions?
- GR Lex Solutions is a private limited company (BV).
- When was GR Lex Solutions founded?
- GR Lex Solutions was founded on 29-07-2020.
- Is GR Lex Solutions still active?
- Yes, GR Lex Solutions is an active enterprise in the KBO register.
- What is the turnover of GR Lex Solutions?
- The turnover in financial year 2025 is ≈ €680,000. This figure is estimated from the gross margin of €399,267 and 35 comparable companies (NACE 69). It probably lies between €570,000 and €810,000.Financials
- Is GR Lex Solutions profitable?
- In financial year 2025, GR Lex Solutions made a profit of €303,284.
- Where can I find the annual accounts of GR Lex Solutions?
- GR Lex Solutions filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GR Lex Solutions due?
- GR Lex Solutions must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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