GR Lex Solutions
GR Lex Solutions has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €52k and a net result of €303k. Equity is shrinking by ~23.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 22% of 1957 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
| Equity | €52k |
| Net result | €303k |
| Better than sector | 22% |
| Active | 6 yrs |
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 11.1% | 53.8% | |
| Net result | €303k | €43k | |
| Equity | €52k | €56k | |
| Gross operating margin | €399k | €68k | |
| Total assets | €470k | €133k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | - | - | - | - | - |
| Net profit | €303k | €288k | €216k | €214k | €199k |
| Cash flow | - | - | - | - | - |
| Staff costs | - | - | - | - | - |
| Income taxes | €95k | €90k | €75k | €65k | €60k |
| Dividends | €409k | €395k | €470k | €800 | €800 |
| Total assets | €470k | €558k | €750k | €526k | €371k |
| Equity | €52k | €157k | €265k | €518k | €306k |
| Debt | €418k | €400k | €486k | €7k | €65k |
| of which ≤ 1y | €418k | €400k | €486k | €7k | €65k |
| of which > 1y | - | - | - | - | - |
| Working capital | €52k | €157k | €265k | €518k | €306k |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 1.12 | 1.39 | 1.55 | 71.12 | 5.69 |
| Quick ratio | 1.12 | 1.39 | 1.55 | 71.12 | 5.69 |
| Working capital ratio | 11.1% | 28.2% | 35.3% | 98.6% | 82.4% |
| Solvency | 11.1% | 28.2% | 35.3% | 98.6% | 82.4% |
| Debt / equity | 8.05 | 2.54 | 1.83 | 0.01 | 0.21 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | - | - | - | - | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 64.5% | 51.6% | 28.8% | 40.6% | 53.7% |
| ROE | 583.2% | 183.0% | 81.7% | 41.2% | 65.1% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (20 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €470k | €558k | €750k | €526k | €371k |
| Current assets | 29/58 | €470k | €558k | €750k | €526k | €371k |
| Amounts receivable within one year | 40/41 | €18k | €5k | - | €2k | €275 |
| Cash & bank | 54/58 | €453k | €553k | €750k | €524k | €367k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €470k | €558k | €750k | €526k | €371k |
| Equity | 10/15 | €52k | €157k | €265k | €518k | €306k |
| Contributions / capital | 10/11 | €2k | €2k | €2k | €2k | €2k |
| Reserves | 13 | €50k | €155k | €155k | €105k | €105k |
| Accumulated profits (losses) | 14 | - | - | €107k | €411k | €198k |
| Amounts payable | 17/49 | €418k | €400k | €486k | €7k | €65k |
| Amounts payable within one year | 42/48 | €418k | €400k | €486k | €7k | €65k |
| Trade debts payable within one year | 44 | - | €777 | €527 | €1k | - |
| Income statement | ||||||
| Gross operating margin | 9900 | €399k | €379k | €292k | €280k | €259k |
| Operating result | 9901 | €399k | €378k | €292k | €280k | €259k |
| Financial income | 75 | €58 | - | €4 | €75 | - |
| Financial charges | 65 | €415 | €364 | €360 | €908 | €185 |
| Result before taxes | 9903 | €399k | €378k | €292k | €279k | €259k |
| Income taxes | 67/77 | €95k | €90k | €75k | €65k | €60k |
| Net result for the period | 9904 | €303k | €288k | €216k | €214k | €199k |
| Result to be appropriated | 9905 | €303k | €288k | €216k | €214k | €199k |
| NACE primary | Activities of lawyers(69101) |
| Legal form | Private limited company(610) |
| Incorporation | 29-07-2020 |
| Status | Active |
| Postal code | 1050 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21009A1057/00P009 | Brussels | 564 m² | 1 · 122 m² | 18.8 m · 5 fl. |
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
13-08-2024 Registered office moved within Ixelles
- 1050 Ixelles, Rue du Nid 6, boîte 11 → 1050 Ixelles, Rue Souveraine 44
Technical details
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"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "1050 Ixelles, Rue Souveraine 44",
"city": "Ixelles",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Rue Souveraine",
"country": "BE",
"postcode": "1050",
"box_number": null,
"street_number": "44",
"locality_suffix": null
},
"old_address": {
"raw": "1050 Ixelles, Rue du Nid 6, bo\u00EEte 11",
"city": "Ixelles",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Rue du Nid",
"country": "BE",
"postcode": "1050",
"box_number": "11",
"street_number": "6",
"locality_suffix": null
},
"effective_date": "2024-06-01",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "act_body",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2024-08-13",
"filing_date": "2024-08-05",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "algemene_vergadering",
"date": "2024-06-01",
"unanimous": null
},
"subject_company": {
"kbo": "0751.606.379",
"name_full": "GR Lex Solutions",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "SRL Boekhoudkantoor Tim Hanssens",
"person_name": null,
"org_rep_person_name": "Tim Hanssens",
"person_role_at_subject": null
},
"co_filed_documents": [
"le proc\u00E8s-verbal de la r\u00E9union de l\u0027organe d\u0027administration du 01/06/2024"
]
}| Legal nameFR | GR Lex Solutions |