GraNext
ActiveSummary
The computed 12-month bankruptcy probability of GraNext is 3.1% (moderate). The 2024 annual accounts show equity of €5,003 and a net result of €2,003. Its solvency ranks better than 14% of 37,586 sector peers (NACE 70, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2024, micro format
2024 annual accounts filed late (157 days) Filed on 4 January 2026, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2026-00000516.
Peer companies
Historical observationOf the 2,135 companies that looked in July 2024 the way this one looks now, 5.2% went bankrupt within 24 months and 92.1% are still going.
- Micro
- 2 to 5 years old
- solvency under 10%
- a profit under 5% of the balance sheet
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,135 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 |
|---|---|
| Turnover70 | €149,811 |
| Goods, raw materials, services and sundry goods60/61 | €147,948 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €458 |
| Gross operating margin9900 | €1,863 |
| Operating profit (loss)9901 | €1,406 |
| Financial income75/76B | €1,618 |
| Recurring financial income75 | €1,618 |
| Financial charges65/66B | €233 |
| Recurring financial charges65 | €233 |
| Profit (loss) for the period before taxes9903 | €2,791 |
| Income taxes67/77 | €788 |
| Profit (loss) for the period9904 | €2,003 |
| Profit (loss) for the period to be appropriated9905 | €2,003 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €50,921 | |
| Formation expenses20 | €833 | |
| Fixed assets21/28 | €1,322 | |
| Tangible fixed assets22/27 | €1,322 | |
| Plant, machinery and equipment23 | €1,322 | |
| Current assets29/58 | €48,767 | |
| Stocks and contracts in progress3 | €15,255 | |
| Stocks30/36 | €15,255 | |
| Amounts receivable within one year40/41 | €32,249 | |
| Trade receivables40 | €31,954 | |
| Other amounts receivable41 | €295 | |
| Cash at bank and in hand54/58 | €1,263 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €50,921 | |
| Equity10/15 | €5,003 | |
| Contributions10/11 | €3,000 | |
| Reserves13 | €2,003 | |
| Distributable reserves133 | €2,003 | |
| Amounts payable17/49 | €45,918 | |
| Amounts payable after more than one year17 | €30,000 | |
| Financial debts170/4 | €30,000 | |
| Amounts payable within one year42/48 | €15,918 | |
| Financial debts43 | €50 | |
| Credit institutions430/8 | €50 | |
| Trade debts44 | €68 | |
| Suppliers440/4 | €68 | |
| Advances received on contracts in progress46 | €9,500 | |
| Taxes, remuneration and social security45 | €5,132 | |
| Taxes450/3 | €5,132 | |
| Other amounts payable47/48 | €1,168 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €2,003 |
| + Depreciation and write-downs630 | €458 |
| Operating cash flow (approximation) | €2,461 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 04-01-2026 | 2026-00000516 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.