GRANCAR
ActiveSummary
GRANCAR has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €128k and a net result of €804. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 95% of 18936 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability67▼-33
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 3.9 against 2.07 in 2023; short-term debt: 8.2% and cash: 29.1% of total assets), and 8.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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 · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €128k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-07-2025, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
18 d early
2023
39 d early
2022
31 d late
2021
30 d late
2020
30 d late
2019
7 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€128k▲ 0.6%
2023 · €127k
Total assets
€139k▼ 9.2%
2023 · €153k
Net result
€804▼ 99.3%
2023 · €110k
Working capital
€33k▲ 18.8%
2023 · €28k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€8k▲ 15.9%€-12k€-31k▼ 161%€136k€4k▼ 97.1%
Net result€70▼ 71.0%€-19k€-38k▼ 99.0%€110k€804▼ 99.3%
Equity€74k▲ 0.1%€55k▼ 25.7%€17k▼ 69.0%€127k▲ 644%€128k▲ 0.6%
Total assets€454k▲ 6.2%€399k▼ 12.1%€363k▼ 9.2%€153k▼ 57.8%€139k▼ 9.2%
Debt€380k▲ 7.5%€344k▼ 9.5%€346k▲ 0.4%€26k▼ 92.4%€11k▼ 56.8%
Working capital€23k€-524€-40k▼ 7,455%€28k€33k▲ 18.8%
Staff (FTE)2=1.9▼ 5.0%1.8▼ 5.3%63,143.3▲ 3,507,861%3.5▼ 100.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 97% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €139k
Fixed assets
€95k ▼ 4.8%
Current assets
€44k ▼ 17.4%
Equity and liabilities €139k
Equity
€128k ▲ 0.6%
Debt
€11k ▼ 56.8%
Debt's share of the balance-sheet total falls from 17.2% to 8.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€14k▼
2023 · €147k
Cash flow
€11k▼
2023 · €120k
Current ratio
3.90▲
2023 · 2.07
Debt to equity
0.09▼
2023 · 0.21
ROE
0.6%▼
2023 · 86.7%
ROA
0.6%▼
2023 · 71.8%
Interest coverage
5.74▼
2023 · 21.92
Debt ≤ 1 year
€11k▼
2023 · €26k
Income taxes
€731▼
2023 · €20k
Staff costs
€63k▼
2023 · €63k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €49k | €57k | €63k | €63k | ▼ 0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22k | €21k | €21k | €10k | €10k | ▼ 3.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €595 | €505 | - | - |
| Other operating charges640/8 | - | €3k | €3k | €4k | €2k | ▼ 42.0% |
| Non-recurring operating charges66A | - | - | - | €544 | - | - |
| Gross operating margin9900 | €95k | €60k | €50k | €214k | €78k | ▼ 63.4% |
| Operating profit (loss)9901 | €8k | €-12k | €-31k | €136k | €4k | ▼ 97.1% |
| Financial income75/76B | - | - | €13 | €181 | €4 | ▼ 97.8% |
| Recurring financial income75 | €7 | - | €13 | €181 | €4 | ▼ 97.8% |
| Financial charges65/66B | - | €7k | €7k | €7k | €2k | ▼ 64.2% |
| Recurring financial charges65 | €7k | €7k | €7k | €7k | €2k | ▼ 64.2% |
| Profit (loss) for the period before taxes9903 | €1k | €-18k | €-38k | €130k | €2k | ▼ 98.8% |
| Income taxes67/77 | €1k | €634 | - | €20k | €731 | ▼ 96.4% |
| Profit (loss) for the period9904 | €70 | €-19k | €-38k | €110k | €804 | ▼ 99.3% |
| Profit (loss) for the period to be appropriated9905 | €70 | €-19k | €-38k | €110k | €804 | ▼ 99.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €454k | €399k | €363k | €153k | €139k | ▼ 9.2% |
| Fixed assets21/28 | €356k | €341k | €342k | €99k | €95k | ▼ 4.8% |
| Intangible fixed assets21 | - | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €356k | €341k | €342k | €99k | €95k | ▼ 4.8% |
| Land and buildings22 | - | €291k | €304k | €96k | €89k | ▼ 7.3% |
| Plant, machinery and equipment23 | - | €2k | €2k | €1k | €5k | ▲ 252% |
| Furniture and vehicles24 | - | €47k | €36k | €3k | €1k | ▼ 52.4% |
| Current assets29/58 | €98k | €58k | €21k | €54k | €44k | ▼ 17.4% |
| Stocks and contracts in progress3 | €701 | €2k | €975 | €901 | - | - |
| Stocks30/36 | - | €2k | €975 | €901 | - | - |
| Amounts receivable within one year40/41 | €4k | €2k | €9k | €4k | €4k | ▼ 20.8% |
| Trade receivables40 | - | €2k | €6k | €4k | €1k | ▼ 71.1% |
| Other amounts receivable41 | - | - | €4k | - | €2k | - |
| Cash at bank and in hand54/58 | €93k | €55k | €8k | €48k | €40k | ▼ 16.1% |
| Deferred charges and accrued income490/1 | - | €0 | €2k | €51 | €286 | ▲ 464% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €454k | €399k | €363k | €153k | €139k | ▼ 9.2% |
| Equity10/15 | €74k | €55k | €17k | €127k | €128k | ▲ 0.6% |
| Contributions10/11 | €82k | €82k | €82k | €82k | €82k | = |
| Capital10 | - | €82k | €82k | €82k | - | - |
| Issued capital100 | - | €82k | €82k | €82k | - | - |
| Reserves13 | €55k | €55k | €55k | €55k | €55k | = |
| Non-distributable reserves130/1 | - | - | €55k | €55k | - | - |
| Legal reserve130 | - | - | €55k | €55k | - | - |
| Distributable reserves133 | - | €55k | - | - | €55k | - |
| Profit (loss) carried forward14 | €-63k | €-82k | €-120k | €-10k | €-10k | ▲ 7.8% |
| Amounts payable17/49 | €380k | €344k | €346k | €26k | €11k | ▼ 56.8% |
| Amounts payable after more than one year17 | €304k | €285k | €285k | - | - | - |
| Financial debts170/4 | - | €285k | €285k | - | - | - |
| Amounts payable within one year42/48 | €76k | €59k | €60k | €26k | €11k | ▼ 56.2% |
| Current portion of amounts payable after more than one year42 | - | €19k | €770 | - | - | - |
| Trade debts44 | €35k | €22k | €42k | €7k | €2k | ▼ 72.6% |
| Suppliers440/4 | - | €22k | €42k | €7k | €2k | ▼ 72.6% |
| Advances received on contracts in progress46 | - | €1k | - | - | - | - |
| Taxes, remuneration and social security45 | - | €5k | €3k | €12k | €9k | ▼ 20.2% |
| Taxes450/3 | - | €2k | - | €6k | €7k | ▲ 19.8% |
| Remuneration and social security454/9 | - | €3k | €3k | €6k | €3k | ▼ 58.3% |
| Other amounts payable47/48 | - | €12k | €14k | €7k | - | - |
| Accrued charges and deferred income492/3 | - | €400 | €400 | €400 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €70 | €-19k | €-38k | €110k | €804 | ▼ 99.3% |
| + Depreciation and write-downs630 | €22k | €21k | €21k | €10k | €10k | ▼ 3.8% |
| Operating cash flow (approximation) | €23k | €1k | €-17k | €120k | €11k | ▼ 91.2% |
| Investment in fixed assets (approximation) | - | €-5k | €-22k | €232k | €-5k | ▼ 102% |
| Change in cash | - | €-38k | €-46k | €40k | €-8k | ▼ 119% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
13-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €110k
Net result €110k after 2 loss-making years.
31-12
Financial
Liquidity times 6current ratio 2.07
Current ratio from 0.34 to 2.07; short-term debt falls from €60k to €26k.
31-12
Financial
Equity above €100kEq €127k ▲644%
Equity rises from €17k to €127k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €-38k
Net result drops to €-38k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 1.30
Current ratio from 0.43 to 1.30; short-term debt falls from €116k to €76k.
07-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 7 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
Show earlier events
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 57 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Ranst · 1 establishment unit since 2000
Ground area
436 m²
Building footprint
233 m²
Volume, LiDAR
1,078 m³
Parcel 11031A0592/00K003, Flanders · tallest building 9.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Schildesteenweg 45, 2520 Ranst
since 20002.093.678.880
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11031A0592/00K003 | Flanders | 436 m² | 1 · 233 m² | 9.1 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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
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GHAZAL
BE 0642.946.880
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La Guinguette
BE 0799.969.292
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Karacas
BE 0886.746.482
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Yumster
BE 0717.815.044
Anderlecht · Eq €127,384
Of 21,861 companies in sector 56112 we hold annual accounts for 9,773. 7,490 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded10-12-1999
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
43320Joinery installation
Scores and ratios are computed by Checked and are not a credit decision.