GRANEL

Active

Private limited company (pre-2019)founded 2009active for 17 yearsKBO/BCE: BE 0809.208.444

Summary

The computed 12-month bankruptcy probability of GRANEL is 10.5% (high). For GRANEL, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €7,825 and a net result of -€16,043. Equity is shrinking by about 24% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2025. Its solvency ranks better than 54% of 18,148 sector peers (NACE 68, financial year 2023). The company has been active since 2009 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

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GRANELActive

Risk analysis Report Compare

Activity

Development of residential building projects

NACE 68121

1 site

Size

€21,995total assets 2023

Equity: €7,825
Loss: -€16,043

Turnover not published (micro format)

Financial health

Bankruptcy probabilitywithin 12 months: 10.5%

2023 figures too old to score

Structure

Accounts 450 days overdue0 of 11 deeds read

Signalsraises riskFigures for financial year 2023 (filed 21-08-2024)2 financial years not filed after the legal deadline; latest accounts 20 days lateEx-officio strike-off in the KBOTwo or more financial years not filedAdministrative warnings in the KBO publicationslowers riskSector: Real estate activities (NACE 68)neutralA punctual record breaksShow the evidence

Bankruptcy probability

No current score

Figures too old

The available figures for FY 2023 are too old to assess current financial health.

Bankruptcy probability: High

Filing: At least two filing cycles are missing

Financial strength, FY 2023 · tick = 2022

Weak

Solvency 61-25

equity 35.6% of total assets

Liquidity 18-34

short-term debt 64.4% · cash 1.8%

Profitability 0-66

return on assets -72.9%

Bankruptcy probability, 12 months

10.5% High

0%0.5%1.5%4%10%≥ 25%

About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,608 companies, NACE 68, micro)

Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025lowest value 04-2025: 1.0%▲ +0.5 percentage points vs 03-2025 05-2025: 0.9%▼ -0.1 percentage points vs 04-2025 06-2025: 0.9%● unchanged vs 05-2025 07-2025: 1.2%▲ +0.3 percentage points vs 06-2025 08-2025: 1.7%▲ +0.5 percentage points vs 07-2025 09-2025: 1.9%▲ +0.2 percentage points vs 08-2025 10-2025: 2.7%▲ +0.8 percentage points vs 09-2025 11-2025: 2.9%▲ +0.2 percentage points vs 10-2025 12-2025: 3.7%▲ +0.8 percentage points vs 11-2025 01-2026: 6.0%▲ +2.3 percentage points vs 12-2025 02-2026: 6.0%● unchanged vs 01-2026 03-2026: 6.2%▲ +0.2 percentage points vs 02-2026 04-2026: 5.7%▼ -0.5 percentage points vs 03-2026 05-2026: 5.7%● unchanged vs 04-2026 06-2026: 5.7%● unchanged vs 05-2026 07-2026: 5.7%● unchanged vs 06-2026 08-2026: 8.6%▲ +2.9 percentage points vs 07-2026 09-2026: 10.5%▲ +1.9 percentage points vs 08-2026highest value 10-2026: 10.5%● unchanged vs 09-2026highest value

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Signals

Seven signals.

lowers riskraises riskneutral

Figures for financial year 2023 (filed 21-08-2024)

NBB · annual accounts

2 financial years not filed after the legal deadline; latest accounts 20 days late

NBB · filings

Ex-officio strike-off in the KBO

KBO publications

Sector: Real estate activities (NACE 68)

KBO

Two or more financial years not filed

Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.

NBB · 10 filings

Position against the passed deadline

31-12-2024 year end31-07-2025 deadline24-10-2026 today

A punctual record breaks

This company filed 4 consecutive financial years on time. The year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 20-08-2024, 20 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.

NBB · 10 filings

Deviation from the deadline

2025

not filed

2024

not filed

2023

20 days late

2022

on the day

2021

2 days early

2020

2 days early

2019

35 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 4 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Administrative warnings in the KBO publications

1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.

KBO publications

Publications

Address struck

14-03-2025 Address struckKBO administration
20-08-2024 Annual accounts filedfinancial year 2023 · micro…
31-07-2023 Annual accounts filedfinancial year 2022 · micro…

Key points

Risk: Accounts not fileddeadline was 31-07-2025 450 days late View
Risk: 4 loss-making years in a rowloss financial year 2023 -€16,043 View
Caution: Among the weakest 20% on net resultsector median €4,410 · 18,129 companies -€16,043 View

By topic

Financials

Financial year: 2023
Total assets: €21,995
Loss: -€16,043
Solvency: 35.6%

Total assets▼ 43.5%

Net result

20182023

Go to Financials

Timeline

Events: 18
Since: 2010

29-07-2022Annual accounts filed
29-07-2021Annual accounts filed
31-12-2020Weakest financial year

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company (pre-2019)
Activity: Development of residential building projectsNACE 68121
Founded: 20-01-2009
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about GRANEL

What is the company number of GRANEL?: 0809.208.444. In Belgium the VAT number is the company number with BE in front: BE 0809.208.444.
What does GRANEL do?: According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of GRANEL?: Private limited company (pre-2019) (BVBA).
When was GRANEL founded?: On 20-01-2009.
Is GRANEL still active?: Yes, GRANEL is an active enterprise in the KBO register.Company details
What is the turnover of GRANEL?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is GRANEL profitable?: In financial year 2023, GRANEL made a loss of €16,043.
Where can I find the annual accounts of GRANEL?: GRANEL filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2023.