Grava Group
ActiveThe computed 12-month bankruptcy probability of Grava Group is 1.9% (moderate). The 2024 annual accounts show equity of €41k and a net result of €28k. Equity is growing by ~155.2% per year across the filed fiscal years. Its solvency ranks better than 27% of 1330 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability76▲+30
Solvency50▲+21
Growth85=
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.21 against 1.05 in 2023; short-term debt: 75.2% and cash: 18.5% of total assets), and 75.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
24.8%
Return on assets
17.3%
Age of the figures
21 mo
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 09-07-2025, 22 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
22 d early
2023
53 d late
2022
61 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€593k▲ 18.2%
2023 · €502k
2022: €12k
2023: €502k
2022 → 2024
EBIT margin
6.7%▲ 4.1pp
2023 · 2.6%
2022: -19.9%
2023: 2.6%
2022 → 2024
Net result
€28k▲ 193%
2023 · €10k
2022: €-2k
2023: €10k
2022 → 2024
Working capital
€26k▲ 111%
2023 · €12k
2022: €3k
2023: €12k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Turnover€12k-€502k▲ 4,074%€593k▲ 18.2%
Equity€3k-€12k▲ 377%€41k▲ 231%
Operating result€-2k-€13k€40k▲ 205%
Net result€-2k-€10k€28k▲ 193%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 205% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €164k
Fixed assets
€15k
Current assets
€149k
Equity and liabilities €164k
Equity
€41k▲ 231%
Debt
€124k▼ 52.9%
The debt ratio falls from 95.5% to 75.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€41k
Cash flow
€30k
Solvency
24.8%▲
2023 · 4.5%
Current ratio
1.21▲
2023 · 1.05
Quick ratio
1.21▲
2023 · 1.05
Debt / equity
3.03▼
2023 · 21.31
ROE
69.8%▼
2023 · 79.0%
ROA
17.3%▲
2023 · 3.5%
Interest coverage
337.67
Debt
€124k▼
2023 · €262k
Debt ≤ 1 year
€124k▼
2023 · €262k
Income taxes
€11k▲
2023 · €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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€275k€164k▼
Fixed assets21/28-€15k
Tangible fixed assets22/27-€11k
Plant, machinery and equipment23-€3k
Furniture and vehicles24-€8k
Financial fixed assets28-€4k
Current assets29/58€275k€149k▼
Amounts receivable within one year40/41€271k€118k▼
Trade receivables40€167k€115k▼
Other amounts receivable41€104k€3k▼
Cash at bank and in hand54/58€4k€30k▲
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€275k€164k▼
Equity10/15€12k€41k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€7k€36k▲
Amounts payable17/49€262k€124k▼
Amounts payable within one year42/48€262k€124k▼
Trade debts44€153k€77k▼
Suppliers440/4€153k€77k▼
Taxes, remuneration and social security45€104k€14k▼
Taxes450/3€104k€14k▼
Other amounts payable47/48€6k€32k▲
Income statement
Code20232024
Turnover70€502k€593k▲
Goods, raw materials, services and sundry goods60/61€489k€552k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1k
Other operating charges640/8-€410
Gross operating margin9900€13k€41k▲
Operating profit (loss)9901€13k€40k▲
Financial income75/76B-€4
Recurring financial income75-€4
Financial charges65/66B-€121
Recurring financial charges65-€121
Profit (loss) for the period before taxes9903€13k€39k▲
Income taxes67/77€3k€11k▲
Profit (loss) for the period9904€10k€28k▲
Profit (loss) for the period to be appropriated9905€10k€28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€7k€36k▲
Profit (loss) brought forward from the previous period14P€-2k€7k▲
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
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €28k ▲193%
Operating result €40k, net result €28k, both a record.
22-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 53 days late
2023
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Antwerpen · 1 establishment unit since 2022
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.
Sneeuwbeslaan 142610 AntwerpenGround area
1.4 ha
Building footprint
2,863 m²
Volume, LiDAR
46,406 m³
2 parcels, Flanders · tallest building 21.5 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
PA CONSTRUCT
since 20222.328.470.944
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11051B0041/00S000 | Flanders | 1.4 ha | 1 · 2,696 m² | 21.4 m · 6 fl. |
| 23322E0103/00N000 | Flanders | 369 m² | 1 · 167 m² | 10.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 154 companies in sector 42911 we hold annual accounts for 64. 29 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-02-2022
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
42911Civil engineering
43120Site preparation
43230Insulation installation
43240Other construction installation
43291Specialised construction activities
43299Specialised construction activities
70100Activities of head offices
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.