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Private limited companyfounded 2024active for 2 yearsRue des Artisans 2 A, 4877 Olne, BelgiumKBO/BCE: BE 1014.772.626
Summary

GR24 has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €12,348 and a net result of -€799. Its solvency ranks better than 95% of 11,213 sector peers (NACE 68, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, abbreviated format

Equity
€12,348▼ 6.1%
2024 · €13,148
Total assets
€12,798▼ 3.0%
2024 · €13,198
Net result
-€799▲ 56.9%
2024 · -€1,852
Working capital
-€52
2024 · €748
Trend over the years

2024 to 2025, 2 financial years

The operating result stays negative: a loss of €787 in 2025 against €1,811 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€787 2025 Net result-€799 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result-€1,811--€787▲ 56.5%
Net result-€1,852within the sector's middle half--€799within the sector's middle half▲ 56.9%
Equity€13,148below the sector's middle half-€12,348below the sector's middle half▼ 6.1%
Total assets€13,198below the sector's middle half-€12,798below the sector's middle half▼ 3.0%
Debt€50-€450▲ 799%
Working capital€748within the sector's middle half--€52within the sector's middle half
Solvency99.6%above the sector's middle half-96.5%above the sector's middle half▼ 3.1pp
Current ratio15.95above the sector's middle half-0.89within the sector's middle half▼ 15.07
Return on assets (ROA)-14.0%below the sector's middle half--6.2%below the sector's middle half▲ 7.8pp
above within below the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12,798
Fixed assets €12,400 =
Current assets €398 ▼ 50.1%
Equity and liabilities €12,798
Equity €12,348 ▼ 6.1%
Debt €450 ▲ 799%
Debt's share of the balance-sheet total rises from 0.4% to 3.5%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
ROE
-6.5%▲
2024 · -14.1%
Debt ≤ 1 year
€450▲
2024 · €50
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 27 lines
Balance sheet Code20242025
Assets
Total assets20/58€13,198€12,798▼
Fixed assets21/28€12,400€12,400=
Financial fixed assets28€12,400€12,400=
Current assets29/58€798€398▼
Amounts receivable within one year40/41€297-
Other amounts receivable41€297-
Cash at bank and in hand54/58€500€398▼
Equity and liabilities
Total equity and liabilities10/49€13,198€12,798▼
Equity10/15€13,148€12,348▼
Contributions10/11€15,000€15,000=
Contributions outside capital11€15,000€15,000=
Share premium1100/10€15,000€15,000=
Profit (loss) carried forward14-€1,852-€2,652▼
Amounts payable17/49€50€450▲
Amounts payable within one year42/48€50€450▲
Other amounts payable47/48€50€450▲
Income statement Code20242025
Goods, raw materials, services and sundry goods60/61€1,374€388▼
Other operating charges640/8€437€400▼
Gross operating margin9900-€1,374-€388▲
Operating profit (loss)9901-€1,811-€787▲
Financial charges65/66B€41€12▼
Recurring financial charges65€41€12▼
Profit (loss) for the period before taxes9903-€1,852-€799▲
Profit (loss) for the period9904-€1,852-€799▲
Profit (loss) for the period to be appropriated9905-€1,852-€799▲
Appropriation of the result
Profit (loss) to be appropriated9906-€1,852-€2,652▼
Profit (loss) brought forward from the previous period14P--€1,852

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Goods, raw materials, services and sundry goods60/61€1,374€388▼ 71.8%
Other operating charges640/8€437€400▼ 8.6%
Gross operating margin9900-€1,374-€388▲ 71.8%
Operating profit (loss)9901-€1,811-€787▲ 56.5%
Financial charges65/66B€41€12▼ 70.8%
Recurring financial charges65€41€12▼ 70.8%
Profit (loss) for the period before taxes9903-€1,852-€799▲ 56.9%
Profit (loss) for the period9904-€1,852-€799▲ 56.9%
Profit (loss) for the period to be appropriated9905-€1,852-€799▲ 56.9%
Line20242025Change
Assets
Total assets20/58€13,198€12,798▼ 3.0%
Fixed assets21/28€12,400€12,400=
Financial fixed assets28€12,400€12,400=
Current assets29/58€798€398▼ 50.1%
Amounts receivable within one year40/41€297--
Other amounts receivable41€297--
Cash at bank and in hand54/58€500€398▼ 20.5%
Equity and liabilities
Total equity and liabilities10/49€13,198€12,798▼ 3.0%
Equity10/15€13,148€12,348▼ 6.1%
Contributions10/11€15,000€15,000=
Contributions outside capital11€15,000€15,000=
Share premium1100/10€15,000€15,000=
Profit (loss) carried forward14-€1,852-€2,652▼ 43.1%
Amounts payable17/49€50€450▲ 799%
Amounts payable within one year42/48€50€450▲ 799%
Other amounts payable47/48€50€450▲ 799%
Line20242025Change
Profit (loss) for the period9904-€1,852-€799▲ 56.9%
Operating cash flow (approximation)-€1,852-€799▲ 56.9%
Investment in fixed assets (approximation)-€0-
Change in cash--€102-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 abbreviated format 10-02-2026 2026-00037116
31-12-2024 abbreviated format 09-04-2025 2025-00067670

Similar companies · same sector, comparable size

Of the 9,525 active companies whose main activity is development of residential building projects (NACE 68121), figures are known for 7,538. 3,520 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.