GrayMate
ActiveSummary
GrayMate has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €9,005 and a net result of €9,004. Its solvency ranks better than 28% of 15369 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes
Profitability100
Solvency60
Growth-
Track record67
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 1.51; short-term debt: 64.7% and cash: 41% of total assets), but 64.7% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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
35.3%
Return on assets
35.3%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2024
27 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 27 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark Roughly what is this company worth?Value indication What held for this company on a given day: board, seat, name?Company as of a date
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Turnover
€52,266
EBIT margin
24.2%
Net result
€9,004
Working capital
€8,484
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €25,493
Fixed assets
€521
Current assets
€24,972
Equity and liabilities €25,493
Equity
€9,005
Debt
€16,488
Debt finances 64.7% of the balance-sheet total.
Key figures and ratios
EBITDA
€12,677
Cash flow
€9,019
Current ratio
1.51
Debt to equity
1.83
ROE
100.0%
ROA
35.3%
Interest coverage
79.73
Debt ≤ 1 year
€16,488
Income taxes
€3,500
Annual accounts
| Line | 2024 |
|---|---|
| Turnover70 | €52,266 |
| Goods, raw materials, services and sundry goods60/61 | €39,589 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15 |
| Gross operating margin9900 | €12,677 |
| Operating profit (loss)9901 | €12,662 |
| Financial income75/76B | €1 |
| Recurring financial income75 | €1 |
| Financial charges65/66B | €159 |
| Recurring financial charges65 | €159 |
| Profit (loss) for the period before taxes9903 | €12,504 |
| Income taxes67/77 | €3,500 |
| Profit (loss) for the period9904 | €9,004 |
| Profit (loss) for the period to be appropriated9905 | €9,004 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €25,493 | |
| Fixed assets21/28 | €521 | |
| Tangible fixed assets22/27 | €521 | |
| Plant, machinery and equipment23 | €521 | |
| Current assets29/58 | €24,972 | |
| Amounts receivable within one year40/41 | €8,072 | |
| Trade receivables40 | €8,072 | |
| Cash at bank and in hand54/58 | €10,450 | |
| Deferred charges and accrued income490/1 | €6,450 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €25,493 | |
| Equity10/15 | €9,005 | |
| Contributions10/11 | €1 | |
| Outside capital11 | €1 | |
| Other1109/19 | €1 | |
| Profit (loss) carried forward14 | €9,004 | |
| Amounts payable17/49 | €16,488 | |
| Amounts payable within one year42/48 | €16,488 | |
| Trade debts44 | €552 | |
| Suppliers440/4 | €552 | |
| Taxes, remuneration and social security45 | €12,391 | |
| Taxes450/3 | €12,391 | |
| Other amounts payable47/48 | €3,545 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €9,004 |
| + Depreciation and write-downs630 | €15 |
| Operating cash flow (approximation) | €9,019 |
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
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not 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
1 act for this company is 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, Gent · 1 establishment unit since 2024
Ground area
160 m²
Building footprint
160 m²
Volume, LiDAR
1,581 m³
Parcel 44803C0367/00_000, Flanders · tallest building 15.7 m, ±4 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
GrayMate
since 20242.361.669.094
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44803C0367/00_000 | Flanders | 160 m² | 1 · 160 m² | 15.7 m · 4 fl. |
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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Similar companies · same sector, comparable size
Advocatenkantoor NTJ
BE 1012.739.485
Kortrijk · Eq €9,004
EVB société d'avocats
BE 0689.984.259
Ukkel · Eq €9,008
Advocatenkantoor Wannes Buelens
BE 0726.601.660
Kontich · Eq €9,000
Caramello Legal
BE 0728.741.796
Sint-Lambrechts-Woluwe · Eq €8,994
ONYS
BE 0790.994.715
Antwerpen · Eq €9,017
Of 22,069 companies in sector 69101 we hold annual accounts for 9,055. 4,448 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
Founded10-04-2024
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
Scores and ratios are computed by Checked and are not a credit decision.