Grand - Duc
ActiveGrand - Duc has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-16k) and a net result of €-13k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 11% of 953 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
24
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0▼-15
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.71 against 0.83 in 2024; short-term debt: 134.3% and cash: 4.2% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-34.3%
Return on assets
-27.5%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 18
Relative position
BE, all sectors
reference
Sector 18
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-16k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
58 d early
2024
7 d early
2023
on the day
2022
21 d early
2021
3 d early
2020
19 d late
2019
26 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-16k▼ 404%
2024 · €-3k
2018: €-4k
2019: €3k
2020: €10k
2021: €14k
2022: €17k
2023: €7k
2024: €-3k
2018 → 2025
Total assets
€48k▲ 48.4%
2024 · €32k
2018: €22k
2019: €30k
2020: €41k
2021: €31k
2022: €30k
2023: €24k
2024: €32k
2018 → 2025
Net result
€-13k▼ 27.2%
2024 · €-10k
2018: €2k
2019: €7k
2020: €7k
2021: €4k
2022: €3k
2023: €-10k
2024: €-10k
2018 → 2025
Working capital
€-18k▼ 197%
2024 · €-6k
2018: €-6k
2019: €3k
2020: €-3k
2021: €10k
2022: €14k
2023: €2k
2024: €-6k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€14k-€17k▲ 24.7%€7k▼ 58.8%€-3k€-16k▼ 404%
Operating result€5k-€4k▼ 20.7%€-10k€-10k▲ 1.2%€-13k▼ 29.8%
Net result€4k-€3k▼ 20.1%€-10k€-10k▼ 2.3%€-13k▼ 27.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €13k in 2025 against €10k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €48k
Fixed assets
€2k▼ 32.2%
Current assets
€46k▲ 56.5%
Key figures and ratios
EBITDA
€-11k▼
2024 · €-7k
Cash flow
€-12k▼
2024 · €-7k
Solvency
-34.3%▼
2024 · -10.1%
Current ratio
0.71▼
2024 · 0.83
Quick ratio
0.51▲
2024 · 0.43
Debt / equity
-3.92▲
2024 · -10.90
ROA
-27.5%▲
2024 · -32.1%
Interest coverage
-22.65▼
2024 · -17.12
Debt
€64k▲
2024 · €35k
Debt ≤ 1 year
€64k▲
2024 · €35k
Income taxes
€164▼
2024 · €220
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€32k€48k▲
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€946€0▼
Furniture and vehicles24€946€0▼
Financial fixed assets28€2k€2k=
Current assets29/58€29k€46k▲
Stocks and contracts in progress3€14k€13k▼
Stocks30/36€14k€13k▼
Amounts receivable within one year40/41€14k€31k▲
Trade receivables40€14k€31k▲
Other amounts receivable41€126-
Cash at bank and in hand54/58€1k€2k▲
Deferred charges and accrued income490/1€217€120▼
Equity and liabilities
Total equity and liabilities10/49€32k€48k▲
Equity10/15€-3k€-16k▼
Contributions10/11€43k€43k=
Reserves13€2k€2k=
Non-distributable reserves130/1€620€620=
Reserves not available under the articles1311€620€620=
Tax-exempt reserves132€2k€2k=
Profit (loss) carried forward14€-49k€-62k▼
Amounts payable17/49€35k€64k▲
Amounts payable within one year42/48€35k€64k▲
Trade debts44€22k€41k▲
Suppliers440/4€22k€41k▲
Advances received on contracts in progress46€50€50=
Taxes, remuneration and social security45€126€616▲
Taxes450/3€126€616▲
Other amounts payable47/48€14k€22k▲
Income statement
Code20242025
Non-recurring operating income76A-€25k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€1k▼
Other operating charges640/8€618€642▲
Non-recurring operating charges66A-€248
Gross operating margin9900€-6k€-11k▼
Operating profit (loss)9901€-10k€-13k▼
Financial income75/76B€1€155▲
Recurring financial income75€1€155▲
Financial charges65/66B€390€507▲
Recurring financial charges65€390€507▲
Profit (loss) for the period before taxes9903€-10k€-13k▼
Income taxes67/77€220€164▼
Profit (loss) for the period9904€-10k€-13k▼
Profit (loss) for the period to be appropriated9905€-10k€-13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-49k€-62k▼
Profit (loss) brought forward from the previous period14P€-38k€-49k▼
The notes to these accounts (9 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
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series.
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity doublescurrent ratio 1.91
Current ratio from 0.91 to 1.91; short-term debt falls from €31k to €11k.
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
31-12
Financial
Highest result since 2018net €7k ▲215%
Operating result €7k, net result €7k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Anderlecht · 2 establishment units since 1976
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.
Marius Renardlaan 21070 AnderlechtGround area
1,844 m²
Building footprint
421 m²
Volume, LiDAR
13,000 m³
2 parcels, Brussels · tallest building 39.7 m, ±12 floors. Linked by address, not a title deed.
2 establishment units
Marius Renardlaan 2, 1070 Anderlecht
since 19762.014.439.283
"Chez Caroline"
since 19762.014.439.382
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21308H0637/00H000 | Brussels | 1,720 m² | 1 · 329 m² | 39.7 m · 12 fl. |
| 21013B0365/00L002 | Brussels | 124 m² | 1 · 93 m² | 19.4 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,601 companies in sector 18120 we hold annual accounts for 809. 230 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-03-1976
Fiscal year end31-12
Activities, NACEBEL
18120Other printing
46499Wholesale of other household goods
47620Retail trade
47621Retail sale of newspapers and periodicals
52470
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.