GRASP
ActiveGRASP has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.01M and a net result of €32k. Equity is shrinking by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 60% of 31584 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability55▲+11
Solvency91▲+9
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity short (current ratio 0.61 against 0.68 in 2024; short-term debt: 32.7% and cash: 11.1% of total assets), and 34.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
65.8%
Return on assets
2.1%
Age of the figures
9 mo
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
31 d early
2023
29 d late
2022
31 d early
2021
26 d early
2020
31 d early
2019
31 d early
← 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.01M▼ 3.5%
2024 · €1.04M
2018: €1.82M
2019: €1.84M
2020: €1.82M
2021: €1.82M
2022: €1.81M
2023: €1.00M
2024: €1.04M
2018 → 2025
Total assets
€1.53M▼ 15.8%
2024 · €1.81M
2018: €2.03M
2019: €1.95M
2020: €1.90M
2021: €1.88M
2022: €1.87M
2023: €1.69M
2024: €1.81M
2018 → 2025
Net result
€32k▼ 22.4%
2024 · €41k
2018: €33k
2019: €16k
2020: €-21k
2021: €8k
2022: €-14k
2023: €-114k
2024: €41k
2018 → 2025
Working capital
€-196k▲ 16.7%
2024 · €-235k
2018: €464k
2019: €541k
2020: €536k
2021: €596k
2022: €409k
2023: €-346k
2024: €-235k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.82M-€1.81M▼ 0.8%€1.00M▼ 44.7%€1.04M▲ 4.1%€1.01M▼ 3.5%
Operating result€18k-€-16k€-114k▼ 599%€117k€87k▼ 26.1%
Net result€8k-€-14k€-114k▼ 719%€41k€32k▼ 22.4%
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 26% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.53M
Fixed assets
€1.22M▼ 6.3%
Current assets
€303k▼ 40.1%
Equity and liabilities €1.53M
Equity
€1.01M▼ 3.5%
Debt
€522k▼ 32.4%
The debt ratio falls from 42.5% to 34.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€190k▼
2024 · €225k
Cash flow
€135k▼
2024 · €149k
Solvency
65.8%▲
2024 · 57.5%
Current ratio
0.61▼
2024 · 0.68
Quick ratio
0.61▼
2024 · 0.68
Debt / equity
0.52▼
2024 · 0.74
ROE
3.2%▼
2024 · 4.0%
ROA
2.1%▼
2024 · 2.3%
Interest coverage
4.06▲
2024 · 2.72
Debt
€522k▼
2024 · €771k
Debt ≤ 1 year
€500k▼
2024 · €742k
Income taxes
€13k▲
2024 · €3k
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€1.81M€1.53M▼
Fixed assets21/28€1.31M€1.22M▼
Tangible fixed assets22/27€1.31M€1.22M▼
Land and buildings22€1.22M€1.13M▼
Plant, machinery and equipment23€61k€67k▲
Furniture and vehicles24€24k€21k▼
Current assets29/58€507k€303k▼
Amounts receivable within one year40/41€98k€134k▲
Trade receivables40€71k€107k▲
Other amounts receivable41€27k€27k=
Current investments50/53€350k-
Cash at bank and in hand54/58€49k€169k▲
Deferred charges and accrued income490/1€10k-
Equity and liabilities
Total equity and liabilities10/49€1.81M€1.53M▼
Equity10/15€1.04M€1.01M▼
Contributions10/11€2k€2k=
Reserves13€1.04M€1.00M▼
Distributable reserves133€1.04M€1.00M▼
Profit (loss) carried forward14€4€5▲
Amounts payable17/49€771k€522k▼
Amounts payable within one year42/48€742k€500k▼
Trade debts44€24k€1k▼
Suppliers440/4€24k€1k▼
Taxes, remuneration and social security45€17k€70k▲
Taxes450/3€17k€70k▲
Other amounts payable47/48€701k€428k▼
Accrued charges and deferred income492/3€29k€22k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€107k€103k▼
Other operating charges640/8€6k€8k▲
Gross operating margin9900€231k€198k▼
Operating profit (loss)9901€117k€87k▼
Financial income75/76B€10k€5k▼
Recurring financial income75€10k€5k▼
Financial charges65/66B€83k€47k▼
Recurring financial charges65€83k€47k▼
Profit (loss) for the period before taxes9903€45k€45k=
Income taxes67/77€3k€13k▲
Profit (loss) for the period9904€41k€32k▼
Profit (loss) for the period to be appropriated9905€41k€32k▼
Appropriation of the result
Profit (loss) to be appropriated9906€41k€32k▼
Profit (loss) brought forward from the previous period14P-€4
Transfer from equity791/2-€69k
Transfer to equity691/2€41k€32k▼
To other reserves6921€41k€32k▼
Profit to be distributed694/7-€69k
Return on contributions (dividend)694-€69k
The notes to these accounts (7 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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €41k
Net result €41k after 2 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Weakest financial yearnet €-114k
Net result drops to €-114k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity doublescurrent ratio 10.99
Current ratio from 4.89 to 10.99; short-term debt falls from €119k to €54k.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Schilde · 1 establishment unit since 1987
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.
Renier Sniederspad 72970 SchildeGround area
3,940 m²
Building footprint
498 m²
Volume, LiDAR
2,755 m³
Parcel 11922B0349/00F000, Flanders · tallest building 12.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GRASP bvba
since 19872.030.270.475
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11922B0349/00F000 | Flanders | 3,940 m² | 1 · 498 m² | 12.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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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BUNDERBEEK
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Of 82,546 companies in sector 70200 we hold annual accounts for 52,574. 27,792 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-08-1987
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.