Equity
GRB has made a profit in every financial year since 2023.
GRB has made a profit in every financial year since 2023.
The accounts state no turnover.
The 2023 accounts came latest: 28 days after the end of the period.
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 3 accounts on average 12 days after the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Shares in 1 company, Outillage de Précision Ateliers Fernand Vanwers
Board & ownership| Company | ||||
|---|---|---|---|---|
| GRB Chaudfontaine | €320,046 | €67,758 | 37.1% | - |
| Bfresh Invest Oreye | €306,825 | €75,080 | 24.4% | - |
| ARCO HOLDING Flémalle | €319,672 | €73,733 | 47.0% | - |
| JRK MANAGEMENT Herstal | €268,869 | €59,412 | 72.8% | - |
| KADOBI Wevelgem | €325,213 | €67,887 | 22.0% | - |
| ESLU Wevelgem | €346,802 | €70,437 | 22.4% | - |
| OUABA Brussels | €318,813 | €69,295 | 25.3% | - |
These companies have the same main activity as GRB: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €269,000 and €347,000, founded in 2023.
GRB files the abbreviated format. That format states no turnover. The gross margin rose from €6,619 in 2023 to €67,758 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
The turnover shown is an estimate from the gross margin.
Higher than 38% of 6,708 companies in 2025.
Higher than 81% of 6,673 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
320,046 | 321,562 | 292,960 | |
21/28 |
280,000 | 280,000 | 280,000 | |
28 |
280,000 | 280,000 | 280,000 | |
29/58 |
40,046 | 41,562 | 12,960 | |
40/41 |
13,790 | 9,075 | 7,603 | |
40 |
9,075 | 9,075 | 7,500 | |
41 |
4,715 | 0 | 103 | |
54/58 |
26,256 | 32,487 | 5,357 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
320,046 | 321,562 | 292,960 | |
10/15 |
118,792 | 69,085 | 10,617 | |
10/11 |
20,000 | 20,000 | 10,000 | |
14 |
98,792 | 49,085 | 617 | |
17/49 |
201,254 | 252,477 | 282,343 | |
17 |
145,150 | 198,783 | 238,664 | |
170/4 |
145,150 | 198,783 | 238,664 | |
42/48 |
56,104 | 53,694 | 43,679 | |
42 |
18,634 | 17,880 | 17,157 | |
44 |
1,251 | 333 | 1,078 | |
440/4 |
1,251 | 333 | 1,078 | |
45 |
18,681 | 17,902 | 154 | |
450/3 |
17,411 | 16,632 | 154 | |
454/9 |
1,270 | 1,270 | - | |
47/48 |
17,538 | 17,579 | 25,290 | |
| Income statement | ||||
9900 |
67,758 | 66,535 | 6,619 | |
640/8 |
400 | 387 | 384 | |
9901 |
67,359 | 66,147 | 6,235 | |
65/66B |
5,025 | 5,349 | 5,464 | |
65 |
5,025 | 5,349 | 5,464 | |
9903 |
62,333 | 60,798 | 771 | |
67/77 |
12,626 | 12,330 | 154 | |
9904 |
49,707 | 48,468 | 617 | |
9905 |
49,707 | 48,468 | 617 | |
| Appropriation of the result | ||||
9906 |
98,792 | 49,085 | 617 | |
14P |
49,085 | 617 | - | |
| Document | ||||
The notes to these accounts have 15 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 03-08-2026.
2025 annual accounts filed 3 days after the deadline. Filed on 3 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00375655.
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| - | - | 280,000 | ||
| -6,231 | 27,130 | - | ||
| 37.1% | 21.5% | 3.6% | ||
| 41.8% | 70.2% | 5.8% | ||
| 15.5% | 15.1% | 0.2% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Debts secured on the company's own assets | €95,783 | €113,664 | €130,820 |
| Pledge on other assets, amount secured | €135,000 | €135,000 | €135,000 |
| Carrying value of the other pledged assets | €280,000 | €280,000 | €280,000 |
Source: notes to the 2023 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Financial fixed assets | - | - | €280,000 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 2% higher than in 2024 and the highest since 2023. It is the second rise in a row.
Debt's share of the balance-sheet total falls from 78.5% to 62.9%. Equity is higher and debt is lower.
Source: list of holdings in its own 2025 accounts. Every holding stands with its own latest accounts.
| GRB IMMO
registered office since 30-06-2023 · founded in 2023 |
total assets €241,705 (2025) 0803.427.937 |
| Name | 2023 | 2024 | 2025 |
|---|---|---|---|
| Outillage de Précision Ateliers Fernand Vanwers | 100% | ||
Source: list of holdings in its own accounts
The connected companies are in the list below.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
GRB was incorporated on 30 June 2023 as a private limited company by two natural persons, with a starting capital of €20,000.12 Since 2023, Bouillon Geoffrey has served as director.3 Total assets went from €292,960 in 2023 to €320,046 in 2025.4
| Establishment | Since | Unit number |
|---|---|---|
| Rue Croix Michel 18 registered office 4052 Chaudfontaine | 30-06-2023 | 2.347.755.732 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 62012F0121/00L009 | 2,769 m² | 1 · 104 m² | 7.2 m · 2 |
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