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GRABO

Active
Private limited company (pre-2019)founded 1987active for 38 yearsWezelhoevenweg 118, 2400 Mol, BelgiumKBO/BCE: BE 0432.974.445
Summary

GRABO has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €39,632 and a net result of €9,544. Equity remains stable across the filed financial years (±2.2% per year). Its solvency ranks better than 93% of 34,072 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Plastering work
NACE 43310
1 site
Size
€44,281total assets 2025
Equity
€39,632
Profit
€9,544
Turnover not published (micro format)
Financial health
92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Accounts 2 days early0 of 6 deeds read
Why 92raises riskSector: Specialised construction activities (NACE 43)Size: total assets €44,281lowers riskFounded in 1987Liquidity: current ratio 9.32, cash €5,987Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 78% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 89.5% of total assets
Liquidity 67+8
short-term debt 10.5% · cash 13.5%
Profitability 96+23
return on assets 21.6%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,546 companies, NACE 43, micro)
Last 24 months 11-2024: 0.2%lowest value 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.3%▲ +0.1 percentage points vs 03-2025 05-2025: 0.4%▲ +0.1 percentage points vs 04-2025 06-2025: 0.5%▲ +0.1 percentage points vs 05-2025 07-2025: 0.7%▲ +0.2 percentage points vs 06-2025 08-2025: 0.8%▲ +0.1 percentage points vs 07-2025 09-2025: 1.0%▲ +0.2 percentage points vs 08-2025 10-2025: 2.0%▲ +1.0 percentage point vs 09-2025 11-2025: 2.0%● unchanged vs 10-2025 12-2025: 2.1%▲ +0.1 percentage points vs 11-2025highest value 01-2026: 1.9%▼ -0.2 percentage points vs 12-2025 02-2026: 1.9%● unchanged vs 01-2026 03-2026: 1.0%▼ -0.9 percentage points vs 02-2026 04-2026: 1.2%▲ +0.2 percentage points vs 03-2026 05-2026: 0.2%▼ -1.0 percentage point vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity ample (current ratio 9.32, compared with 3.94 in 2024, above the usual 1.5; short-term debt: 10.5% and cash: 13.5% of total assets), and 10.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 90% on solvency, 65% on liquidity, 82% on profitability and 76% on growth.

The bankruptcy probability was computed on 14-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Founded in 1987
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Size: total assets €44,281
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 9.32, cash €5,987
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €39,632
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-04-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 days early
2024
281 days late
2023
34 days early
2022
17 days late
2021
19 days early
2020
37 days early
2019
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 25 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 28 April (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end14-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Liquidity more than doubledcurrent ratio 9.32

Key points

  • Positive: Among the best 8% on solvencysector median 46.9% · 34,072 companies 89.5% View
  • Active since 1987founded 30-12-1987 38 years View
  • Total assets 20256 financial years filed €44,281 View

By topic

Financials

Financial year
2025
Total assets
€44,281
Profit
€9,544
Solvency
89.5%
Turnover▲ 71.2%
Net result
20212023
Go to Financials

Timeline

Events
42
Since
1989
Next accounts
by 30-04-2027
  1. 27-03-2024Annual accounts filed
  2. 30-09-2023Back to profit
  3. 30-09-2023Liquidity more than quadruples
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Plastering workNACE 43310
Founded
30-12-1987
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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