GRANDFILS SRL
ActiveSummary
GRANDFILS SRL has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €91,719 and a net result of €28,447. Equity is growing by ~15% per year across the filed fiscal years. Its solvency ranks better than 40% of 19917 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability91▲+21
Solvency81▲+23
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 1.94 against 1.23 in 2023; short-term debt: 28.7% and cash: 20.5% of total assets), and 43.5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 03-07-2025, 28 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
28 d early
2023
12 d late
2022
34 d early
2021
33 d early
2020
18 d early
2019
4 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 18 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€91,719▲ 40.5%
2023 · €65,272
Total assets
€162,471▼ 18.2%
2023 · €198,526
Net result
€28,447▲ 1,494%
2023 · €1,785
Working capital
€43,750▲ 121%
2023 · €19,821
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€31,311▼ 13.9%€50,886▲ 62.5%€42,628▼ 16.2%€5,641▼ 86.8%€41,062▲ 628%
Net result€21,954▼ 16.6%€38,426▲ 75.0%€31,672▼ 17.6%€1,785▼ 94.4%€28,447▲ 1,494%
Equity€52,475▲ 66.5%€102,301▲ 95.0%€65,488▼ 36.0%€65,272▼ 0.3%€91,719▲ 40.5%
Total assets€58,766▲ 16.2%€116,713▲ 98.6%€157,248▲ 34.7%€198,526▲ 26.3%€162,471▼ 18.2%
Debt€6,291▼ 67.0%€14,412▲ 129%€91,760▲ 537%€133,254▲ 45.2%€70,752▼ 46.9%
Working capital€50,845▲ 61.3%€99,226▲ 95.2%€49,246▼ 50.4%€19,821▼ 59.8%€43,750▲ 121%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 628% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €162,471
Fixed assets
€72,123 ▼ 22.6%
Current assets
€90,348 ▼ 14.3%
Equity and liabilities €162,471
Equity
€91,719 ▲ 40.5%
Debt
€70,752 ▼ 46.9%
Debt's share of the balance-sheet total falls from 67.1% to 43.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€63,257▲
2023 · €22,507
Cash flow
€50,642▲
2023 · €18,650
Current ratio
1.94▲
2023 · 1.23
Debt to equity
0.77▼
2023 · 2.04
ROE
31.0%▲
2023 · 2.7%
ROA
17.5%▲
2023 · 0.9%
Interest coverage
29.18▲
2023 · 12.09
Debt ≤ 1 year
€46,598▼
2023 · €85,569
Debt > 1 year
€24,154▼
2023 · €47,685
Income taxes
€10,636▲
2023 · €1,999
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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €417 | €697 | €2,333 | €16,866 | €22,195 | ▲ 31.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €13,524 | - | €22,584 | - | - |
| Other operating charges640/8 | - | €348 | €348 | €6,924 | €1,645 | ▼ 76.2% |
| Gross operating margin9900 | €31,728 | €65,455 | €45,308 | €52,015 | €64,902 | ▲ 24.8% |
| Operating profit (loss)9901 | €31,311 | €50,886 | €42,628 | €5,641 | €41,062 | ▲ 628% |
| Financial income75/76B | - | - | €0 | €3 | €189 | ▲ 5,380% |
| Recurring financial income75 | - | - | €0 | €3 | €189 | ▲ 5,380% |
| Financial charges65/66B | - | €1,432 | €1,381 | €1,862 | €2,168 | ▲ 16.5% |
| Recurring financial charges65 | €93 | €1,432 | €1,381 | €1,862 | €2,168 | ▲ 16.5% |
| Profit (loss) for the period before taxes9903 | €31,218 | €49,453 | €41,246 | €3,783 | €39,082 | ▲ 933% |
| Income taxes67/77 | €9,264 | €11,028 | €9,575 | €1,999 | €10,636 | ▲ 432% |
| Profit (loss) for the period9904 | €21,954 | €38,426 | €31,672 | €1,785 | €28,447 | ▲ 1,494% |
| Profit (loss) for the period to be appropriated9905 | €21,954 | €38,426 | €31,672 | €1,785 | €28,447 | ▲ 1,494% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €58,766 | €116,713 | €157,248 | €198,526 | €162,471 | ▼ 18.2% |
| Fixed assets21/28 | €1,630 | €3,075 | €16,242 | €93,136 | €72,123 | ▼ 22.6% |
| Tangible fixed assets22/27 | €1,330 | €2,775 | €15,942 | €92,836 | €71,823 | ▼ 22.6% |
| Plant, machinery and equipment23 | - | - | - | €1,207 | €1,965 | ▲ 62.7% |
| Furniture and vehicles24 | - | €2,775 | €15,942 | €91,629 | €69,858 | ▼ 23.8% |
| Financial fixed assets28 | €300 | €300 | €300 | €300 | €300 | = |
| Current assets29/58 | €57,136 | €113,638 | €141,006 | €105,390 | €90,348 | ▼ 14.3% |
| Amounts receivable within one year40/41 | €35,182 | €53,156 | €51,441 | €8,000 | €9,421 | ▲ 17.8% |
| Trade receivables40 | - | €49,183 | €42,043 | - | - | - |
| Other amounts receivable41 | - | €3,972 | €9,398 | €8,000 | €9,421 | ▲ 17.8% |
| Current investments50/53 | - | - | €2,400 | €7,200 | €12,000 | ▲ 66.7% |
| Cash at bank and in hand54/58 | €21,954 | €60,056 | €67,751 | €75,715 | €33,365 | ▼ 55.9% |
| Deferred charges and accrued income490/1 | - | €426 | €19,414 | €14,475 | €35,562 | ▲ 146% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €58,766 | €116,713 | €157,248 | €198,526 | €162,471 | ▼ 18.2% |
| Equity10/15 | €52,475 | €102,301 | €65,488 | €65,272 | €91,719 | ▲ 40.5% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €46,216 | €46,216 | €46,216 | €46,216 | €73,119 | ▲ 58.2% |
| Non-distributable reserves130/1 | - | €1,316 | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,316 | - | - | - | - |
| Distributable reserves133 | - | €44,900 | €46,216 | €46,216 | €73,119 | ▲ 58.2% |
| Profit (loss) carried forward14 | €59 | €37,485 | €672 | €456 | - | - |
| Amounts payable17/49 | €6,291 | €14,412 | €91,760 | €133,254 | €70,752 | ▼ 46.9% |
| Amounts payable after more than one year17 | - | - | - | €47,685 | €24,154 | ▼ 49.3% |
| Financial debts170/4 | - | - | - | €47,685 | €24,154 | ▼ 49.3% |
| Amounts payable within one year42/48 | €6,291 | €14,412 | €91,760 | €85,569 | €46,598 | ▼ 45.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €22,920 | €23,531 | ▲ 2.7% |
| Trade debts44 | €210 | €358 | €16,119 | €1,305 | €2,477 | ▲ 89.8% |
| Suppliers440/4 | - | €358 | €16,119 | €1,305 | €2,477 | ▲ 89.8% |
| Taxes, remuneration and social security45 | - | €765 | €765 | €765 | €900 | ▲ 17.6% |
| Taxes450/3 | - | €765 | €765 | €765 | €900 | ▲ 17.6% |
| Other amounts payable47/48 | - | €13,289 | €74,876 | €60,579 | €19,690 | ▼ 67.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21,954 | €38,426 | €31,672 | €1,785 | €28,447 | ▲ 1,494% |
| + Depreciation and write-downs630 | €417 | €697 | €2,333 | €16,866 | €22,195 | ▲ 31.6% |
| Operating cash flow (approximation) | €22,371 | €39,123 | €34,004 | €18,650 | €50,642 | ▲ 172% |
| Investment in fixed assets (approximation) | - | -€2,142 | -€15,500 | -€93,760 | -€1,182 | ▲ 98.7% |
| Change in cash | - | €38,102 | €7,695 | €7,964 | -€42,351 | ▼ 632% |
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
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
31-12
Financial
Weakest financial yearnet €1,785 ▼94.4%
Net result drops to €1,785, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2019net €38,426 ▲75%
Operating result €50,886, net result €38,426, both a record.
31-12
Financial
Equity above €100,000Eq €102,301 ▲95%
3 profitable years in a row build equity to €102,301.
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity triplescurrent ratio 9.08
Current ratio from 2.66 to 9.08; short-term debt falls from €19,037 to €6,291.
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Fléron · 1 establishment unit since 2019
Ground area
625 m²
Building footprint
94 m²
Volume, LiDAR
713 m³
Parcel 62068A0084/00Z000, Wallonia · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue de Magnée 179, 4620 Fléron
since 20192.283.525.203
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62068A0084/00Z000 | Wallonia | 625 m² | 1 · 94 m² | 10.1 m · 3 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.
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Of 16,630 companies in sector 86220 we hold annual accounts for 7,981. 6,180 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded19-12-2018
Fiscal year end31-12
Activities, NACEBEL 2025
86220Specialist medical practice
73120Media representation
Scores and ratios are computed by Checked and are not a credit decision.