GRAYSTON
ActiveSummary
For GRAYSTON, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €562,493 and a net result of €97,106. Equity is growing by ~12.3% per year across the filed fiscal years. Its solvency ranks better than 62% of 2827 sector peers (fiscal year 2023). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability81▼-7
Solvency81▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
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Signals
Six 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 →
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
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 2023Solvency, return and age of the figures
Solvency
55.6%
Return on assets
9.6%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline30-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 24-10-2024, 85 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
85 d late
2022
70 d late
2021
75 d late
2020
86 d late
2019
98 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 83 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
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Financials · fiscal year 2023, abbreviated schema
Equity
€562,493▲ 7.7%
2022 · €522,161
Total assets
€1.0m▼ 0.4%
2022 · €1.0m
Net result
€97,106▼ 38.8%
2022 · €158,608
Working capital
-€116,960▲ 24.7%
2022 · -€155,307
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting 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
Line20192020202120222023
Operating result€48,863▼ 3.6%€9,361▼ 80.8%€115,379▲ 1,133%€88,696▼ 23.1%€133,738▲ 50.8%
Net result€29,092▲ 4.3%€137,242within the sector's middle half▲ 372%€97,403within the sector's middle half▼ 29.0%€158,608within the sector's middle half▲ 62.8%€97,106within the sector's middle half▼ 38.8%
Equity€341,034▲ 9.3%€418,275within the sector's middle half▲ 22.6%€423,553within the sector's middle half▲ 1.3%€522,161within the sector's middle half▲ 23.3%€562,493within the sector's middle half▲ 7.7%
Total assets€1.0m▼ 2.2%€1.0mwithin the sector's middle half▼ 1.0%€976,491within the sector's middle half▼ 2.7%€1.0mwithin the sector's middle half▲ 4.1%€1.0mwithin the sector's middle half▼ 0.4%
Debt€673,086▼ 7.1%€585,409▼ 13.0%€552,939▼ 5.5%€494,696▼ 10.5%€449,861▼ 9.1%
Working capital-€261,406▲ 8.5%-€226,761below the sector's middle half▲ 13.3%-€214,261below the sector's middle half▲ 5.5%-€155,307below the sector's middle half▲ 27.5%-€116,960below the sector's middle half▲ 24.7%
Solvency33.6%▲ 3.5pp41.7%within the sector's middle half▲ 8.0pp43.4%within the sector's middle half▲ 1.7pp51.4%within the sector's middle half▲ 8.0pp55.6%within the sector's middle half▲ 4.2pp
Current ratio0.14▲ 0.020.08below the sector's middle half▼ 0.060.13below the sector's middle half▲ 0.050.29below the sector's middle half▲ 0.170.44below the sector's middle half▲ 0.14
Return on assets (ROA)2.9%▲ 0.2pp13.7%within the sector's middle half▲ 10.8pp10.0%within the sector's middle half▼ 3.7pp15.6%within the sector's middle half▲ 5.6pp9.6%within the sector's middle half▼ 6.0pp
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2023; 2023 is 51% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €1.0m
Fixed assets
€921,894 ▼ 3.2%
Current assets
€90,460 ▲ 39.3%
Equity and liabilities €1.0m
Equity
€562,493 ▲ 7.7%
Debt
€449,861 ▼ 9.1%
Debt's share of the balance-sheet total falls from 48.6% to 44.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€165,376▲
2022 · €105,155
Cash flow
€128,744▼
2022 · €175,067
Debt to equity
0.80▼
2022 · 0.95
ROE
17.3%▼
2022 · 30.4%
Interest coverage
18.44▲
2022 · 13.87
Debt ≤ 1 year
€207,420▼
2022 · €220,265
Debt > 1 year
€241,454▼
2022 · €274,431
Income taxes
€27,665▲
2022 · €22,404
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €30,988 | €30,996 | €39,270 | €16,459 | €31,638 | ▲ 92.2% |
| Other operating charges640/8 | - | - | €6,700 | €4,322 | €4,390 | ▲ 1.6% |
| Gross operating margin9900 | €82,775 | €44,151 | €161,349 | €109,477 | €169,765 | ▲ 55.1% |
| Operating profit (loss)9901 | €48,863 | €9,361 | €115,379 | €88,696 | €133,738 | ▲ 50.8% |
| Financial income75/76B | - | - | €107 | €99,900 | - | - |
| Recurring financial income75 | €0 | €149,850 | €107 | €99,900 | - | - |
| Financial charges65/66B | - | - | €7,782 | €7,584 | €8,967 | ▲ 18.2% |
| Recurring financial charges65 | €7,695 | €8,133 | €7,782 | €7,584 | €8,967 | ▲ 18.2% |
| Profit (loss) for the period before taxes9903 | €41,168 | €151,078 | €107,704 | €181,012 | €124,771 | ▼ 31.1% |
| Income taxes67/77 | €12,075 | €13,837 | €10,301 | €22,404 | €27,665 | ▲ 23.5% |
| Profit (loss) for the period9904 | €29,092 | €137,242 | €97,403 | €158,608 | €97,106 | ▼ 38.8% |
| Profit (loss) for the period to be appropriated9905 | €29,092 | €137,242 | €97,403 | €158,608 | €97,106 | ▼ 38.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.0m | €1.0m | €976,491 | €1.0m | €1.0m | ▼ 0.4% |
| Fixed assets21/28 | €973,019 | €984,023 | €944,753 | €951,898 | €921,894 | ▼ 3.2% |
| Tangible fixed assets22/27 | €723,269 | €734,273 | €695,003 | €702,148 | €672,144 | ▼ 4.3% |
| Land and buildings22 | - | - | €674,118 | €666,661 | €648,378 | ▼ 2.7% |
| Furniture and vehicles24 | - | - | €20,885 | €13,885 | €6,885 | ▼ 50.4% |
| Other tangible fixed assets26 | - | - | - | - | €16,881 | - |
| Assets under construction and advance payments27 | - | - | - | €21,602 | - | - |
| Financial fixed assets28 | €249,750 | €249,750 | €249,750 | €249,750 | €249,750 | = |
| Current assets29/58 | €41,100 | €19,661 | €31,738 | €64,958 | €90,460 | ▲ 39.3% |
| Amounts receivable within one year40/41 | €41,000 | - | €27,362 | €60,863 | €81,314 | ▲ 33.6% |
| Trade receivables40 | - | - | €27,362 | €8,307 | €20,528 | ▲ 147% |
| Other amounts receivable41 | - | - | - | €52,556 | €60,785 | ▲ 15.7% |
| Cash at bank and in hand54/58 | - | €19,561 | €4,176 | €3,895 | €9,147 | ▲ 135% |
| Deferred charges and accrued income490/1 | - | - | €200 | €200 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.0m | €1.0m | €976,491 | €1.0m | €1.0m | ▼ 0.4% |
| Equity10/15 | €341,034 | €418,275 | €423,553 | €522,161 | €562,493 | ▲ 7.7% |
| Contributions10/11 | €12,400 | - | €12,400 | €12,400 | €12,400 | = |
| Revaluation surpluses12 | - | - | €1,855 | - | - | - |
| Reserves13 | €99,729 | €235,116 | €300,393 | €460,856 | €549,189 | ▲ 19.2% |
| Distributable reserves133 | - | - | €300,393 | €460,856 | €549,189 | ▲ 19.2% |
| Profit (loss) carried forward14 | €228,904 | €168,904 | €108,904 | €48,904 | €904 | ▼ 98.2% |
| Amounts payable17/49 | €673,086 | €585,409 | €552,939 | €494,696 | €449,861 | ▼ 9.1% |
| Amounts payable after more than one year17 | €370,580 | €338,987 | €306,939 | €274,431 | €241,454 | ▼ 12.0% |
| Financial debts170/4 | - | - | €306,939 | €274,431 | €241,454 | ▼ 12.0% |
| Amounts payable within one year42/48 | €302,506 | €246,422 | €245,999 | €220,265 | €207,420 | ▼ 5.8% |
| Current portion of amounts payable after more than one year42 | - | - | €32,048 | €32,509 | €32,976 | ▲ 1.4% |
| Financial debts43 | - | - | €47,422 | €29,999 | €41,499 | ▲ 38.3% |
| Credit institutions430/8 | - | - | €47,422 | €29,999 | €41,499 | ▲ 38.3% |
| Trade debts44 | €9,834 | €48,788 | €26,616 | €6,396 | €32,169 | ▲ 403% |
| Suppliers440/4 | - | - | €26,616 | €6,396 | €32,169 | ▲ 403% |
| Taxes, remuneration and social security45 | - | - | €13,349 | €24,376 | €34,973 | ▲ 43.5% |
| Taxes450/3 | - | - | €13,349 | €24,376 | €34,973 | ▲ 43.5% |
| Other amounts payable47/48 | - | - | €126,565 | €126,986 | €65,803 | ▼ 48.2% |
| Accrued charges and deferred income492/3 | - | - | - | - | €987 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €29,092 | €137,242 | €97,403 | €158,608 | €97,106 | ▼ 38.8% |
| + Depreciation and write-downs630 | €30,988 | €30,996 | €39,270 | €16,459 | €31,638 | ▲ 92.2% |
| Operating cash flow (approximation) | €60,080 | €168,238 | €136,673 | €175,067 | €128,744 | ▼ 26.5% |
| Investment in fixed assets (approximation) | - | -€42,000 | €0 | -€23,604 | -€1,634 | ▲ 93.1% |
| Change in cash | - | - | -€15,385 | -€281 | €5,251 | ▲ 1,968% |
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
2024
24-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 85 days late
2023
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 70 days late
2022
31-12
Financial
Highest result since 2018net €158,608 ▲62.8%
Net result €158,608, the highest in the series.
31-12
Financial
Equity above €500,000Eq €522,161 ▲23.3%
5 profitable years in a row build equity to €522,161.
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 75 days late
2021
25-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 86 days late
2020
06-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 98 days late
2019
21-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 82 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 59 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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.
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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, Etterbeek
Ground area
233 m²
Building footprint
90 m²
Volume, LiDAR
1,339 m³
Parcel 21362B0310/00H005, Brussels · tallest building 20.9 m, ±5 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21362B0310/00H005 | Brussels | 233 m² | 1 · 90 m² | 20.9 m · 5 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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2023 list no shareholders, and no other source names one.
Holdings 1
-
99%
According to the 2023 annual accounts of GRAYSTON and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 22,075 companies in sector 69101 we hold annual accounts for 9,061. 5,631 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
Founded29-09-2004
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
E-invoicing
Reachable via Peppol
Peppol ID
0208:0867504058
Registered
04-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.