Grace
ActiveGrace has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €184k and a net result of €4k. Equity is shrinking by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 54% of 9099 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
87
/ 100
Excellent▲ +16 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability11▲+11
Solvency81▲+4
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 2.18 against 2.37 in 2024), but 63.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
36.7%
Return on assets
0.8%
Age of the figures
11 mo
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 31-03-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
37 d early
2023
39 d early
2022
34 d early
2021
39 d early
2020
39 d early
2019
30 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€184k▲ 2.2%
2024 · €180k
2018: €233k
2019: €226k
2020: €215k
2021: €225k
2022: €211k
2023: €193k
2024: €180k
2018 → 2025
Total assets
€502k▼ 6.5%
2024 · €537k
2018: €756k
2019: €735k
2020: €789k
2021: €677k
2022: €625k
2023: €567k
2024: €537k
2018 → 2025
Net result
€4k
2024 · €-12k
2018: €-9k
2019: €-7k
2020: €-11k
2021: €-6k
2022: €-14k
2023: €-18k
2024: €-12k
2018 → 2025
Working capital
€63k▼ 19.8%
2024 · €78k
2018: €8k
2019: €13k
2020: €10k
2021: €4k
2022: €-5k
2023: €106k
2024: €78k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€225k-€211k▼ 6.3%€193k▼ 8.5%€180k▼ 6.5%€184k▲ 2.2%
Operating result€-17k-€-14k▲ 17.3%€-18k▼ 27.4%€-14k▲ 22.3%€2k
Net result€-6k-€-14k▼ 132%€-18k▼ 26.3%€-12k▲ 30.9%€4k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €2k after a loss of €14k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €502k
Fixed assets
€386k▼ 3.9%
Current assets
€116k▼ 14.3%
Equity and liabilities €502k
Equity
€184k▲ 2.2%
Provisions
€32k▼ 6.7%
Debt
€285k▼ 11.4%
The debt ratio falls from 60.0% to 56.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€29k▲
2024 · €13k
Cash flow
€31k▲
2024 · €14k
Solvency
36.7%▲
2024 · 33.6%
Current ratio
2.18▼
2024 · 2.37
Quick ratio
2.18▼
2024 · 2.37
Debt / equity
1.55▼
2024 · 1.79
ROE
2.1%▲
2024 · -6.9%
ROA
0.8%▲
2024 · -2.3%
Interest coverage
12.22▲
2024 · 3.10
Debt
€285k▼
2024 · €322k
Debt ≤ 1 year
€53k▼
2024 · €57k
Debt > 1 year
€232k▼
2024 · €265k
Income taxes
€1k▲
2024 · €174
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€537k€502k▼
Fixed assets21/28€402k€386k▼
Intangible fixed assets21€488€410▼
Tangible fixed assets22/27€402k€386k▼
Land and buildings22€380k€359k▼
Plant, machinery and equipment23€15k€22k▲
Furniture and vehicles24€6k€5k▼
Current assets29/58€135k€116k▼
Amounts receivable within one year40/41€116k€109k▼
Trade receivables40€6k€151▼
Other amounts receivable41€110k€109k▼
Cash at bank and in hand54/58€18k€6k▼
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€537k€502k▼
Equity10/15€180k€184k▲
Contributions10/11€12k€12k=
Reserves13€168k€172k▲
Tax-exempt reserves132€104k€97k▼
Distributable reserves133€64k€74k▲
Provisions and deferred taxes16€35k€32k▼
Deferred taxes168€35k€32k▼
Amounts payable17/49€322k€285k▼
Amounts payable after more than one year17€265k€232k▼
Financial debts170/4€265k€232k▼
Amounts payable within one year42/48€57k€53k▼
Current portion of amounts payable after more than one year42€34k€37k▲
Trade debts44€636€2k▲
Suppliers440/4€636€2k▲
Taxes, remuneration and social security45€14€1k▲
Taxes450/3€14€1k▲
Other amounts payable47/48€23k€13k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€27k▲
Other operating charges640/8€4k€4k▼
Gross operating margin9900€16k€32k▲
Operating profit (loss)9901€-14k€2k▲
Financial income75/76B€3k€3k▼
Recurring financial income75€3k€3k▼
Financial charges65/66B€4k€2k▼
Recurring financial charges65€4k€2k▼
Profit (loss) for the period before taxes9903€-15k€3k▲
Transfer from deferred taxes780€2k€2k=
Income taxes67/77€174€1k▲
Profit (loss) for the period9904€-12k€4k▲
Transfer from tax-exempt reserves789€7k€7k=
Profit (loss) for the period to be appropriated9905€-5k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€11k▲
Transfer from equity791/2€5k-
Transfer to equity691/2-€11k
To other reserves6921-€11k
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Back to profitnet €4k
Net result €4k after 7 loss-making years.
24-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
22-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity quadruplescurrent ratio 3.75
Current ratio from 0.87 to 3.75; short-term debt falls from €43k to €39k.
27-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
22-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
22-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Grimbergen · 1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Sint-Amandsstraat 511853 GrimbergenGround area
319 m²
Building footprint
148 m²
Volume, LiDAR
1,306 m³
Parcel 23084A0322/00D005, Flanders · tallest building 15.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Sint-Amandsstraat 51, 1853 Grimbergen
since 20102.193.554.337
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23084A0322/00D005 | Flanders | 318 m² | 1 · 148 m² | 15.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
JORIFLEUR
BE 0878.623.822
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CAPO
BE 0438.753.368
Lievegem · Eq €184k
TIMMO
BE 0537.774.532
Asse · Eq €184k
WIT20
BE 0744.666.426
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Ster MS
BE 1016.003.734
Duffel · Eq €185k
Of 9,093 companies in sector 68201 we hold annual accounts for 6,724. 4,721 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-11-2010
Fiscal year end30-09
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
59209Motion picture, video and television programme production, sound recording and music publishing activities
68203Renting and operating of own or leased non-residential real estate, excluding land
90201Performing arts by independent artists
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.