GranT Concept
ActiveSummary
The computed 12-month bankruptcy probability of GranT Concept is 2.9% (moderate). The 2025 annual accounts show equity of €55,464 and a net result of €6,117. Equity is growing by ~12% per year across the filed fiscal years. Its solvency ranks better than 56% of 7097 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability64▼-20
Solvency86▼-14
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 2.28 against 4.8 in 2024; short-term debt: 38.6% and cash: 29.3% of total assets), and 38.6% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
2 d early
2024
28 d early
2023
28 d early
2022
5 d early
2021
27 d early
2020
19 d early
2019
24 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 19 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 4 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close28-09-2026 today31-10-2026 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Equity
€55,464▲ 12.4%
2024 · €49,347
Total assets
€90,341▲ 52.0%
2024 · €59,443
Net result
€6,117▼ 14.4%
2024 · €7,145
Working capital
€44,782▲ 16.7%
2024 · €38,359
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€19,710▼ 62.4%€13,972▼ 29.1%€1,447▼ 89.6%€13,000▲ 798%€12,178▼ 6.3%
Net result€13,048within the sector's middle half▼ 67.3%€9,205within the sector's middle half▼ 29.4%-€974below the sector's middle half€7,145within the sector's middle half€6,117within the sector's middle half▼ 14.4%
Equity€65,571within the sector's middle half▲ 24.8%€74,776within the sector's middle half▲ 14.0%€73,802within the sector's middle half▼ 1.3%€49,347within the sector's middle half▼ 33.1%€55,464within the sector's middle half▲ 12.4%
Total assets€131,671within the sector's middle half▼ 11.3%€105,331within the sector's middle half▼ 20.0%€99,221within the sector's middle half▼ 5.8%€59,443within the sector's middle half▼ 40.1%€90,341within the sector's middle half▲ 52.0%
Debt€66,100▼ 31.1%€30,555▼ 53.8%€25,418▼ 16.8%€10,096▼ 60.3%€34,876▲ 245%
Working capital€51,114within the sector's middle half▲ 37.8%€70,014within the sector's middle half▲ 37.0%€74,005within the sector's middle half▲ 5.7%€38,359within the sector's middle half▼ 48.2%€44,782within the sector's middle half▲ 16.7%
Solvency49.8%within the sector's middle half▲ 14.4pp71.0%within the sector's middle half▲ 21.2pp74.4%within the sector's middle half▲ 3.4pp83.0%above the sector's middle half▲ 8.6pp61.4%within the sector's middle half▼ 21.6pp
Current ratio1.88within the sector's middle half▲ 0.423.36within the sector's middle half▲ 1.484.04within the sector's middle half▲ 0.684.80above the sector's middle half▲ 0.762.28within the sector's middle half▼ 2.52
Return on assets (ROA)9.9%within the sector's middle half▼ 17.0pp8.7%within the sector's middle half▼ 1.2pp-1.0%below the sector's middle half▼ 9.7pp12.0%within the sector's middle half▲ 13.0pp6.8%within the sector's middle half▼ 5.2pp
above
within
below
the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 6% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €90,341
Fixed assets
€10,682 ▼ 2.8%
Current assets
€79,659 ▲ 64.4%
Equity and liabilities €90,341
Equity
€55,464 ▲ 12.4%
Debt
€34,876 ▲ 245%
Debt's share of the balance-sheet total rises from 17.0% to 38.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€14,559▲
2024 · €14,193
Cash flow
€8,498▲
2024 · €8,338
Debt to equity
0.63▲
2024 · 0.20
ROE
11.0%▼
2024 · 14.5%
Interest coverage
4.38▼
2024 · 9.10
Debt ≤ 1 year
€34,876▲
2024 · €10,096
Income taxes
€3,381▼
2024 · €4,401
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 26,970 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,539 | €1,655 | €817 | €1,194 | €2,381 | ▲ 99.5% |
| Other operating charges640/8 | - | €3,913 | €398 | €940 | €1,110 | ▲ 18.1% |
| Non-recurring operating charges66A | - | - | €3,937 | €0 | - | - |
| Gross operating margin9900 | €28,775 | €19,540 | €6,600 | €15,133 | €15,668 | ▲ 3.5% |
| Operating profit (loss)9901 | €19,710 | €13,972 | €1,447 | €13,000 | €12,178 | ▼ 6.3% |
| Financial income75/76B | - | €63 | €27 | €106 | €644 | ▲ 508% |
| Recurring financial income75 | €31 | €63 | €27 | €106 | €644 | ▲ 508% |
| Financial charges65/66B | - | €1,194 | €1,200 | €1,560 | €3,323 | ▲ 113% |
| Recurring financial charges65 | €2,070 | €1,194 | €1,200 | €1,560 | €3,323 | ▲ 113% |
| Profit (loss) for the period before taxes9903 | €17,671 | €12,841 | €275 | €11,546 | €9,498 | ▼ 17.7% |
| Income taxes67/77 | €4,623 | €3,636 | €1,248 | €4,401 | €3,381 | ▼ 23.2% |
| Profit (loss) for the period9904 | €13,048 | €9,205 | -€974 | €7,145 | €6,117 | ▼ 14.4% |
| Profit (loss) for the period to be appropriated9905 | €13,048 | €9,205 | -€974 | €7,145 | €6,117 | ▼ 14.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €131,671 | €105,331 | €99,221 | €59,443 | €90,341 | ▲ 52.0% |
| Fixed assets21/28 | €22,230 | €5,588 | €834 | €10,988 | €10,682 | ▼ 2.8% |
| Tangible fixed assets22/27 | €22,230 | €5,588 | €834 | €10,988 | €10,682 | ▼ 2.8% |
| Furniture and vehicles24 | - | €1,651 | €834 | €4,367 | €4,262 | ▼ 2.4% |
| Other tangible fixed assets26 | - | €3,937 | €0 | €6,620 | €6,421 | ▼ 3.0% |
| Current assets29/58 | €109,441 | €99,743 | €98,387 | €48,455 | €79,659 | ▲ 64.4% |
| Amounts receivable within one year40/41 | €40,613 | €6,852 | €22,629 | €34,247 | €3,234 | ▼ 90.6% |
| Trade receivables40 | - | €6,832 | €21,377 | €25,087 | €1,615 | ▼ 93.6% |
| Other amounts receivable41 | - | €20 | €1,252 | €9,160 | €1,619 | ▼ 82.3% |
| Cash at bank and in hand54/58 | €67,533 | €92,745 | €75,602 | €13,104 | €26,487 | ▲ 102% |
| Deferred charges and accrued income490/1 | - | €145 | €156 | €1,105 | €49,937 | ▲ 4,420% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €131,671 | €105,331 | €99,221 | €59,443 | €90,341 | ▲ 52.0% |
| Equity10/15 | €65,571 | €74,776 | €73,802 | €49,347 | €55,464 | ▲ 12.4% |
| Contributions10/11 | - | €6,200 | €6,200 | €18,600 | €18,600 | = |
| Reserves13 | €59,371 | €68,576 | €67,602 | €30,747 | €36,864 | ▲ 19.9% |
| Distributable reserves133 | - | €68,576 | €67,602 | €30,747 | €36,864 | ▲ 19.9% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €66,100 | €30,555 | €25,418 | €10,096 | €34,876 | ▲ 245% |
| Amounts payable after more than one year17 | €6,254 | €0 | - | - | - | - |
| Financial debts170/4 | - | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €58,327 | €29,729 | €24,382 | €10,096 | €34,876 | ▲ 245% |
| Current portion of amounts payable after more than one year42 | - | €6,254 | €0 | - | - | - |
| Trade debts44 | €3,015 | €1,365 | €4,180 | €3,793 | €2,179 | ▼ 42.6% |
| Suppliers440/4 | - | €1,365 | €4,180 | €3,793 | €2,179 | ▼ 42.6% |
| Taxes, remuneration and social security45 | - | €1,631 | €2,178 | €6,303 | €4,787 | ▼ 24.1% |
| Taxes450/3 | - | €1,631 | €2,178 | €6,303 | €4,787 | ▼ 24.1% |
| Remuneration and social security454/9 | - | €0 | - | - | - | - |
| Other amounts payable47/48 | - | €20,479 | €18,024 | €0 | €27,911 | - |
| Accrued charges and deferred income492/3 | - | €826 | €1,037 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,048 | €9,205 | -€974 | €7,145 | €6,117 | ▼ 14.4% |
| + Depreciation and write-downs630 | €8,539 | €1,655 | €817 | €1,194 | €2,381 | ▲ 99.5% |
| Operating cash flow (approximation) | €21,587 | €10,860 | -€156 | €8,338 | €8,498 | ▲ 1.9% |
| Investment in fixed assets (approximation) | - | €14,988 | €3,937 | -€11,347 | -€2,075 | ▲ 81.7% |
| Change in cash | - | €25,212 | -€17,144 | -€62,498 | €13,384 | ▲ 121% |
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
Next filing, fiscal year 2026, expected by
2025
29-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
03-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Back to profitnet €7,145
Net result €7,145 after one loss-making year.
2023
03-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Weakest financial yearnet -€974
Net result drops to -€974, the lowest in the series; recovery starts the following year.
2022
26-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
04-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
12-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Highest result since 2019net €39,899 ▲521%
Operating result €52,385, net result €39,899, both a record.
2019
07-10
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 3 acts read
About the unread acts
We know of 3 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
3 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, Vorst · 2 establishment units since 2021
Ground area
378 m²
Building footprint
342 m²
Volume, LiDAR
3,339 m³
2 parcels, Brussels · tallest building 17.4 m, ±5 floors. Linked by address, not a title deed.
36
companies at this address
See who is registered here
2 establishment units
Koningslaan 107, 1190 Vorst
since 20212.320.584.151
Vanderaeylaan 118, 1180 Ukkel
since 20232.344.905.318
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614E0065/00W007 | Brussels | 211 m² | 1 · 211 m² | 11.2 m · 3 fl. |
| 21007A0029/00B010 | Brussels | 166 m² | 1 · 131 m² | 17.4 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
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Of 13,417 companies in sector 73300 we hold annual accounts for 6,906. 5,524 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
Founded26-11-2018
Fiscal year end31-03
Activities, NACEBEL 2025
73300Public relations and communication consultancy
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0713891591
Registered
07-05-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.