GREG B ART
ActiveSummary
GREG B ART has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-29k) and a net result of €-884. Equity is shrinking by ~27.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 1991 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
28
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability18▼-82
Solvency0=
Growth58=
Track record94
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.31 against 0.28 in 2024; short-term debt: 305.8% and cash: 0.4% of total assets), and equity is negative.
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
lower
← 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
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 2025Solvency, return and age of the figures
Solvency
-205.8%
Return on assets
-6.3%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €-29k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 5 filingsDeviation from the deadline
2025
31 d late
2024
30 d late
2023
21 d late
2022
28 d late
2021
23 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-29k▼ 3.2%
2024 · €-28k
2021: €241
2022: €-4k
2023: €-32k
2024: €-28k
2021 → 2025
Total assets
€14k▲ 7.9%
2024 · €13k
2021: €7k
2022: €11k
2023: €9k
2024: €13k
2021 → 2025
Net result
€-884
2024 · €4k
2021: €-15k
2022: €-4k
2023: €-28k
2024: €4k
2021 → 2025
Working capital
€-30k▼ 0.3%
2024 · €-30k
2021: €-4k
2022: €-7k
2023: €-34k
2024: €-30k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€241-€-4k€-32k▼ 664%€-28k▲ 11.8%€-29k▼ 3.2%
Operating result€-14k-€-4k▲ 69.4%€-27k▼ 516%€673€-365
Net result€-15k-€-4k▲ 70.2%€-28k▼ 527%€4k€-884
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €365 after €673 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €14k
Fixed assets
€734 ▼ 51.9%
Current assets
€13k ▲ 15.8%
Key figures and ratios
EBITDA
€426▼
2024 · €1k
Cash flow
€-92▼
2024 · €5k
Solvency
-205.8%▲
2024 · -215.1%
Current ratio
0.31▲
2024 · 0.28
Quick ratio
0.14▼
2024 · 0.14
Debt to equity
-1.49▼
2024 · -1.46
ROA
-6.3%▼
2024 · 28.7%
Interest coverage
0.82▼
2024 · 5.97
Debt
€43k▲
2024 · €41k
Debt ≤ 1 year
€43k▲
2024 · €41k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€13k€14k▲
Fixed assets21/28€2k€734▼
Tangible fixed assets22/27€1k€644▼
Furniture and vehicles24€1k€644▼
Financial fixed assets28€90€90=
Current assets29/58€11k€13k▲
Stocks and contracts in progress3€6k€7k▲
Stocks30/36€6k€7k▲
Amounts receivable within one year40/41€4k€4k▲
Trade receivables40€3k€3k=
Other amounts receivable41€189€325▲
Cash at bank and in hand54/58-€56
Deferred charges and accrued income490/1€2k€2k=
Equity and liabilities
Total equity and liabilities10/49€13k€14k▲
Equity10/15€-28k€-29k▼
Contributions10/11€15k€15k=
Profit (loss) carried forward14€-43k€-44k▼
Amounts payable17/49€41k€43k▲
Amounts payable within one year42/48€41k€43k▲
Financial debts43€626-
Credit institutions430/8€626-
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Other amounts payable47/48€39k€42k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€792€792=
Other operating charges640/8€64€66▲
Gross operating margin9900€2k€492▼
Operating profit (loss)9901€673€-365▼
Financial income75/76B€3k-
Recurring financial income75€3k-
Non-recurring financial income76B€3k-
Financial charges65/66B€245€519▲
Recurring financial charges65€245€519▲
Profit (loss) for the period before taxes9903€4k€-884▼
Profit (loss) for the period9904€4k€-884▼
Profit (loss) for the period to be appropriated9905€4k€-884▼
Appropriation of the result
Profit (loss) to be appropriated9906€-43k€-44k▼
Profit (loss) brought forward from the previous period14P€-47k€-43k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial
Back to profitnet €4k
Net result €4k after 3 loss-making years.
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
31-12
Financial
Weakest financial yearnet €-28k
Net result drops to €-28k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Waterloo · 1 establishment unit since 2021
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.
Rue du Ménil 651410 WaterlooGround area
435 m²
Building footprint
116 m²
Volume, LiDAR
649 m³
Parcel 25764Q0493/00A000, Wallonia · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GREG B ART
since 20212.321.972.142
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25764Q0493/00A000 | Wallonia | 435 m² | 1 · 116 m² | 7.1 m · 2 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 6,653 companies in sector 90111 we hold annual accounts for 384. 20 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-05-2021
Fiscal year end31-12
Activities, NACEBEL 2025
90111Literary creation
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:gregbaoo@gmail.com
Phone:0493029203