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GRAVITY CLIMBING

Open bankruptcy
Private limited companyfounded 2021Avenue des Ormes 31, 4000 Liège, BelgiumKBO/BCE: BE 0765.408.786
Summary

A bankruptcy procedure is open for GRAVITY CLIMBING according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €43,237 and a net result of -€76,416.

GRAVITY CLIMBINGOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Liège, Liège division
Declared bankrupt
30 April 2026
Supervising judge
Frederic Bode
Official Gazette
06-05-2026 (pdf) ↗search the document for 2026/119846

Curators

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
21222324
2021 to 2024 · latest year -€76,416
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 36380 sector peers (2024).
NBB · sector comparison
Position among 36380 sector peers
Solvency
better than 10%
← weakest strongest →
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
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 28-07-2025, 3 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
not confirmed
2024
3 d early
2023
7 d late
2022
2 d late
2021
33 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 10 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

GRAVITY CLIMBING was incorporated on 19 March 2021 as a Private limited company.1 Total assets rose from EUR 4,765 in 2021 to EUR 1.3 million in 2024.2 On 30 April 2026 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2024
  3. 3Belgian State Gazette, 06-05-2026

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Equity
€43,237▼ 63.9%
2023 · €119,653
Total assets
€1.3m▲ 96.7%
2023 · €675,420
Net result
-€76,416▼ 93.8%
2023 · -€39,424
Working capital
€390,643▲ 79.7%
2023 · €217,411
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2021202220232024
Operating result€1,389-€6,791▲ 389%-€30,472-€46,279▼ 51.9%
Net result€1,042-€5,035▲ 383%-€39,424-€76,416▼ 93.8%
Equity€4,042-€9,077▲ 125%€119,653▲ 1,218%€43,237▼ 63.9%
Total assets€4,765-€11,535▲ 142%€675,420▲ 5,755%€1.3m▲ 96.7%
Debt€723-€2,458▲ 240%€555,768▲ 22,508%€1.3m▲ 131%
Working capital€4,042-€9,077▲ 125%€217,411▲ 2,295%€390,643▲ 79.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000-€75,000-€50,000-€25,000€0Operating result 2021: €1,389€1,389Net result 2021: €1,042€1,042Operating result 2022: €6,791€6,791Net result 2022: €5,035€5,035Operating result 2023: -€30,472-€30,472Net result 2023: -€39,424-€39,424Operating result 2024: -€46,279-€46,279Net result 2024: -€76,416-€76,4162021202220232024-€100,000-€75,000-€50,000-€25,000€0Operating result 2022: €6,791€6,790Net result 2022: €5,035€5,030Operating result 2023: -€30,472-€30,500Net result 2023: -€39,424-€39,400Operating result 2024: -€46,279-€46,300Net result 2024: -€76,416-€76,400202220232024
The operating result stays negative: a loss of €46,279 in 2024 against €30,472 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.3m
Fixed assets €834,908 ▲ 86.6%
Current assets €487,293 ▲ 122%
Equity and liabilities €1.3m
Equity €43,237 ▼ 63.9%
Debt €1.3m ▲ 131%
Debt's share of the balance-sheet total rises from 82.3% to 96.7%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€23,844▲
2023 · -€25,641
Cash flow
-€53,980▼
2023 · -€34,593
Current ratio
5.04
Debt to equity
29.73▲
2023 · 4.64
ROE
-176.7%▼
2023 · -32.9%
ROA
-5.8%▲
2023 · -5.8%
Interest coverage
-0.80▲
2023 · -2.74
Debt ≤ 1 year
€96,650▲
2023 · €1,999
Debt > 1 year
€1.2m▲
2023 · €545,000
Income taxes
€420▲
2023 · -€420
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 41 lines
Balance sheet Code20232024
Assets
Total assets20/58€675,420€1.3m▲
Formation expenses20€8,673€6,504▼
Fixed assets21/28€447,337€834,908▲
Tangible fixed assets22/27€447,337€834,908▲
Land and buildings22€447,337€427,087▼
Plant, machinery and equipment23-€27,723
Assets under construction and advance payments27-€380,098
Current assets29/58€219,411€487,293▲
Amounts receivable within one year40/41€7,310€12,110▲
Other amounts receivable41€7,310€12,110▲
Cash at bank and in hand54/58€212,101€474,929▲
Deferred charges and accrued income490/1-€254
Equity and liabilities
Total equity and liabilities10/49€675,420€1.3m▲
Equity10/15€119,653€43,237▼
Contributions10/11€153,000€153,000=
Reserves13€6,077€6,077=
Distributable reserves133€6,077€6,077=
Profit (loss) carried forward14-€39,424-€115,840▼
Amounts payable17/49€555,768€1.3m▲
Amounts payable after more than one year17€545,000€1.2m▲
Financial debts170/4€545,000€1.2m▲
Amounts payable within one year42/48€1,999€96,650▲
Current portion of amounts payable after more than one year42-€27,184
Trade debts44€1,268€63,652▲
Suppliers440/4€1,268€63,652▲
Taxes, remuneration and social security45-€614
Taxes450/3-€614
Other amounts payable47/48€732€5,200▲
Accrued charges and deferred income492/3€8,768€8,768=
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,831€22,435▲
Other operating charges640/8€1,971€8,427▲
Gross operating margin9900-€23,669-€15,417▲
Operating profit (loss)9901-€30,472-€46,279▼
Financial charges65/66B€9,372€29,717▲
Recurring financial charges65€9,372€29,717▲
Profit (loss) for the period before taxes9903-€39,843-€75,996▼
Income taxes67/77-€420€420▲
Profit (loss) for the period9904-€39,424-€76,416▼
Profit (loss) for the period to be appropriated9905-€39,424-€76,416▼
Appropriation of the result
Profit (loss) to be appropriated9906-€39,424-€115,840▼
Profit (loss) brought forward from the previous period14P--€39,424

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€4,831€22,435▲ 364%
Other operating charges640/8€348€348€1,971€8,427▲ 328%
Gross operating margin9900€1,737€7,138-€23,669-€15,417▲ 34.9%
Operating profit (loss)9901€1,389€6,791-€30,472-€46,279▼ 51.9%
Financial charges65/66B-€78€9,372€29,717▲ 217%
Recurring financial charges65-€78€9,372€29,717▲ 217%
Profit (loss) for the period before taxes9903€1,389€6,713-€39,843-€75,996▼ 90.7%
Income taxes67/77€348€1,678-€420€420▲ 200%
Profit (loss) for the period9904€1,042€5,035-€39,424-€76,416▼ 93.8%
Profit (loss) for the period to be appropriated9905€1,042€5,035-€39,424-€76,416▼ 93.8%
Line2021202220232024Change
Assets
Total assets20/58€4,765€11,535€675,420€1.3m▲ 96.7%
Formation expenses20--€8,673€6,504▼ 25.0%
Fixed assets21/28--€447,337€834,908▲ 86.6%
Tangible fixed assets22/27--€447,337€834,908▲ 86.6%
Land and buildings22--€447,337€427,087▼ 4.5%
Plant, machinery and equipment23---€27,723-
Assets under construction and advance payments27---€380,098-
Current assets29/58€4,765€11,535€219,411€487,293▲ 122%
Amounts receivable within one year40/41€687€5,185€7,310€12,110▲ 65.7%
Trade receivables40-€4,745---
Other amounts receivable41€687€441€7,310€12,110▲ 65.7%
Cash at bank and in hand54/58€4,078€6,350€212,101€474,929▲ 124%
Deferred charges and accrued income490/1---€254-
Equity and liabilities
Total equity and liabilities10/49€4,765€11,535€675,420€1.3m▲ 96.7%
Equity10/15€4,042€9,077€119,653€43,237▼ 63.9%
Contributions10/11€3,000€3,000€153,000€153,000=
Reserves13€1,042€6,077€6,077€6,077=
Distributable reserves133€1,042€6,077€6,077€6,077=
Profit (loss) carried forward14---€39,424-€115,840▼ 194%
Amounts payable17/49€723€2,458€555,768€1.3m▲ 131%
Amounts payable after more than one year17--€545,000€1.2m▲ 117%
Financial debts170/4--€545,000€1.2m▲ 117%
Amounts payable within one year42/48€723€2,458€1,999€96,650▲ 4,734%
Current portion of amounts payable after more than one year42---€27,184-
Trade debts44€375€421€1,268€63,652▲ 4,922%
Suppliers440/4€375€421€1,268€63,652▲ 4,922%
Taxes, remuneration and social security45€348€1,678-€614-
Taxes450/3€348€1,678-€614-
Other amounts payable47/48-€359€732€5,200▲ 610%
Accrued charges and deferred income492/3--€8,768€8,768=
Line2021202220232024Change
Profit (loss) for the period9904€1,042€5,035-€39,424-€76,416▼ 93.8%
+ Depreciation and write-downs630--€4,831€22,435▲ 364%
Operating cash flow (approximation)€1,042€5,035-€34,593-€53,980▼ 56.0%
Investment in fixed assets (approximation)----€410,006-
Change in cash-€2,272€205,751€262,829▲ 27.7%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2026
06-05
Bankruptcy Opening
Tribunal de l’entreprise de Liège, division Liège · event 30-04-2026
2025
28-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet -€76,416
Net result drops to -€76,416, the lowest in the series.
07-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 7 days late
2023
31-12
Financial Liquidity times 23current ratio 109.74
Current ratio from 4.69 to 109.74; short-term debt falls from €2,458 to €1,999.
31-12
Financial Equity above €100,000Eq €119,653 ▲1,218%
Equity rises from €9,077 to €119,653.
02-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
31-12
Financial Highest result since 2021net €5,035 ▲383%
Operating result €6,791, net result €5,035, both a record.
02-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 33 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Liège · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
3,065 m²
Building footprint
148 m²
Parcel 62078A0431/00W028, Wallonia. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
GRAVITY CLIMBING
Avenue des Ormes 31, 4000 LiègeRepair and maintenance of fabricated metal products
since 20212.315.278.152
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62078A0431/00W028 Wallonia 3,065 m² 1 · 147 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

2 mandates
Role Name Tenure
Curator CHRISTELLE GRODENT
RUE NEUVE 5, 4032 CHENEE
30-04-2026 → present
Curator LEON LEDUC
PLACE DE BRONCKART 1, 4000 LIEGE 1
30-04-2026 → present

Similar companies · same sector, comparable size

Of 7,043 companies in sector 43221 we hold annual accounts for 3,473. 2,927 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
Founded19-03-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43350Other building finishing work
68110Buying and selling of own real estate
E-invoicing
Reachable via Peppol
Peppol ID 0208:0765408786
Registered 17-12-2025

The company is no longer active; its Peppol card can remain until its access point withdraws it.

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.