GRB CONSTRUCT
ActiveThe computed 12-month bankruptcy probability of GRB CONSTRUCT is 2.0% (moderate). The 2024 annual accounts show equity of €23k and a net result of €14k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 83% of 9981 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
100
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78▲+20
Stability100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 3.71 against 2.94 in 2023), and 25.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year €23k
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 04-06-2025, 57 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
57 d early
2023
65 d early
2022
53 d early
2021
52 d early
2020
66 d early
2019
51 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€23k▲ 141%
2023 · €10k
2019: €10k
2020: €28k
2021: €15k
2022: €4k
2023: €10k
2019 → 2024
Total assets
€31k▲ 131%
2023 · €14k
2019: €20k
2020: €33k
2021: €21k
2022: €7k
2023: €14k
2019 → 2024
Net result
€14k▲ 123%
2023 · €6k
2019: €-2k
2020: €12k
2021: €-2k
2022: €-12k
2023: €6k
2019 → 2024
Working capital
€22k▲ 189%
2023 · €8k
2019: €1k
2020: €22k
2021: €13k
2022: €3k
2023: €8k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€28k-€15k▼ 45.8%€4k▼ 76.8%€10k▲ 172%€23k▲ 141%
Operating result€16k-€-1k€-12k▼ 865%€6k€16k▲ 193%
Net result€12k-€-2k€-12k▼ 623%€6k€14k▲ 123%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 193% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €31k
Fixed assets
€874▼ 45.8%
Current assets
€30k▲ 161%
Equity and liabilities €31k
Equity
€23k▲ 141%
Debt
€8k▲ 107%
The debt ratio falls from 29.0% to 25.9%: equity grows faster than debt.
Key figures and ratios
EBITDA
€17k▲
2023 · €6k
Cash flow
€14k▲
2023 · €7k
Solvency
74.1%▲
2023 · 71.0%
Current ratio
3.71▲
2023 · 2.94
Quick ratio
3.71▲
2023 · 2.94
Debt / equity
0.35▼
2023 · 0.41
ROE
58.5%▼
2023 · 63.3%
ROA
43.4%▼
2023 · 44.9%
Interest coverage
127.14▲
2023 · 60.31
Debt
€8k▲
2023 · €4k
Debt ≤ 1 year
€8k▲
2023 · €4k
Income taxes
€3k
Staff costs
€36k▲
2023 · €30k
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€14k€31k▲
Formation expenses20€371€297▼
Fixed assets21/28€2k€874▼
Tangible fixed assets22/27€2k€874▼
Furniture and vehicles24€2k€874▼
Current assets29/58€12k€30k▲
Amounts receivable within one year40/41€7k€18k▲
Trade receivables40€2k€3k▲
Other amounts receivable41€6k€14k▲
Cash at bank and in hand54/58€3k€11k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€14k€31k▲
Equity10/15€10k€23k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-9k€5k▲
Amounts payable17/49€4k€8k▲
Amounts payable within one year42/48€4k€8k▲
Trade debts44€2k€387▼
Suppliers440/4€2k€387▼
Taxes, remuneration and social security45€2k€8k▲
Taxes450/3-€3k
Remuneration and social security454/9€2k€4k▲
Income statement
Code20232024
Remuneration, social security and pensions62€30k€36k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€677€813▲
Gross operating margin9900€36k€53k▲
Operating profit (loss)9901€6k€16k▲
Financial income75/76B€546€551▲
Recurring financial income75€546€551▲
Financial charges65/66B€105€136▲
Recurring financial charges65€105€136▲
Profit (loss) for the period before taxes9903€6k€17k▲
Income taxes67/77-€3k
Profit (loss) for the period9904€6k€14k▲
Profit (loss) for the period to be appropriated9905€6k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€5k▲
Profit (loss) brought forward from the previous period14P€-15k€-9k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2019net €14k ▲123%
Operating result €16k, net result €14k, both a record.
27-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-12k
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
31-12
Financial
Liquidity times 5current ratio 5.30
Current ratio from 1.14 to 5.30; short-term debt falls from €10k to €5k.
10-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
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, Evere · 1 establishment unit since 2018
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.
L. Van Boeckelstraat 521140 EvereGround area
73 m²
Building footprint
65 m²
Volume, LiDAR
551 m³
Parcel 21006A0355/00G000, Brussels · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
L. Van Boeckelstraat 52, 1140 Evere
since 20182.288.117.855
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21006A0355/00G000 | Brussels | 73 m² | 1 · 65 m² | 11.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,531 companies in sector 41001 we hold annual accounts for 15,864. 11,741 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-08-2018
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
81210General cleaning of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.