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

From the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette

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 11,235 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

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
10-02-2026
Format
abbreviated format
Reference
2026-00037116
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 for 2025 is a loss of €787, smaller than the loss of €1,811 in 2024.

Turnover is what the company sold, the result is 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.

The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and 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 sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are 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

Source: Annual accounts 2025 at the NBB, filed on 10-02-2026.

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 have 1 item. You find them in the accounts filed with the NBB.

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-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

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

Comparable companies

These companies have the same main activity as GR24: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €10,000 and €17,500, founded in 2024.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
GR24 Olne2024€12,798€12,348-€388-€7992025
B & C VAN WAUWE Nijlen2024€13,571€212-€1,592-€2,7882025
VANI PROJECTS Londerzeel2024€13,404-€16,431-€10,132-€12,9742025
MERCURIUS INVEST Heusden-Zolder2024€10,028-€91,972-€79,498-€94,9722025
QUADRIMMO INVEST Chaudfontaine2024€15,807-€8,368-€10,246-€12,1532025
ReCreate Development La Hulpe2024€11,458-€6,846-€8,094-€8,8462025
DURA GROUP Dentergem2024€17,486€10,795€1,154€7952025

They were chosen from the 7,757 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

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