Equity
-€88,832
Debts exceed assets in financial year 2025.
GREGALAM
Overview
Lifetime
3 annual accounts with figures on one time axispeak -€384 (2023)
-€25,607▼ €20,546
lowest -€81,348 (2025)
-€81,348▼ €71,774
peak €2,090 (2023)
-€88,832▼ €81,348
€374,190▲ 88.9%
Board2 names since 2023
2 directorsBLERET Aline Cécile Jean-Marie Ghislaine and 1 other
Documentsfilings and deeds
26-06-202635 days before the deadline
2025micro format
Gross margin from -€5,061 to -€25,607Loss of €81,348Equity from -€7,484 to -€88,832Debts from €198,095 to €374,190Investments €175,774Cash from €73,637 to €1,566
Key points
from the 2025 annual accountsLosses
-€91,332 in three years
Every financial year from 2023 to 2025 closed with a loss. 2025 was the heaviest.
Debts
€374,190 131% of the balance sheet
Financial debts 68%Suppliers 4%Taxes and wages 2%Other 27%
Of this, €119,070 falls due within a year.
Investments
€170,774 8.8 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 22.9% higher than in 2024.
Liquidity
0.11 was 4.16 in 2024
Short-term debts rose from €17,889 to €119,070.
Position in the sector
-€81,348
Lower net result than 95% of companies in personal services. Sector median €2,797 · 5,760 companies.
Turnover not published (micro format)
Checked score
51
Fair
Financially stronger than 11% of micro companies in personal services (NACE 96)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 7,626 companies (NACE 96, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%lowest value
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.6%▲ +0.1 percentage points vs 05-2025
07-2025: 0.8%▲ +0.2 percentage points vs 06-2025
08-2025: 0.8%● unchanged vs 07-2025
09-2025: 0.8%● unchanged vs 08-2025
10-2025: 0.8%● unchanged vs 09-2025
11-2025: 0.8%● unchanged vs 10-2025
12-2025: 0.8%● unchanged vs 11-2025
01-2026: 0.8%● unchanged vs 12-2025
02-2026: 0.8%● unchanged vs 01-2026
03-2026: 0.8%● unchanged vs 02-2026
04-2026: 0.8%● unchanged vs 03-2026
05-2026: 0.8%● unchanged vs 04-2026
06-2026: 0.8%● unchanged vs 05-2026
07-2026: 0.9%▲ +0.1 percentage points vs 06-2026
08-2026: 1.0%▲ +0.1 percentage points vs 07-2026
09-2026: 1.3%▲ +0.3 percentage points vs 08-2026
10-2026: 2.2%▲ +0.9 percentage points vs 09-2026highest value
11-2026: 2.2%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Loss of €81,348, the second in a row (financial year 2025)
Founded in 2023
Negative equity -€88,832
lowers risk
Size: total assets €285,358
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 96, micro). It does better than 11% of them on solvency, 24% on liquidity, 9% on profitability and 1% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 7,639 companies had the same profile as GREGALAM has now. Each dot stands for 20 companies, two years later.
84.8%
were still trading
5.6%
stopped another way
8.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of GREGALAM itself: 2.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,639 companies, not a prediction for GREGALAM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.11 (4.16 in 2024), below 1. Short-term debt is 41.7% and cash 0.5% of total assets. Equity is negative.
Credit check for an amount and term of your choice
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.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
232425
2023 to 2025 · latest year -€88,832
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-06-2026, 35 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
35 days early
2024
34 days early
2023
27 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 14 days before the deadline. In the sector (NACE 96), the median for financial year 2024 was on the deadline day, and 48% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 June (3 of the last 3 accounts filed within 62 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- MAESEN Grégory René Jules Joseph Ghislain 50 sharesdeed of 15-06-2023
- BLERET Aline Cécile Jean-Marie Ghislaine 50 sharesdeed of 15-06-2023
Recent changes
Incorporation
Founding capital of €2,500, 100 shares · Founders: MAESEN Grégory René Jules Joseph Ghislain (fondateur,comparant,actionnaire); BLERET Aline Cécile Jean-Marie Ghislaine (fondateur,comparant,actionnaire) · Appointments: MAESEN Grégory René Jules Joseph Ghislain (director) and BLERET Aline Cécile Jean-Marie Ghislaine (director) · published on 15-06-2023 · Gazette deed
First establishment
Rue des Coqlis, Rencheux 2, Vielsalm
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GREGALAM Vielsalm | €285,358 | -€25,607 | -31.1% | - |
| Marbrerie Legroux Charleroi | €231,300 | - | 22.5% | - |
| MEMORIA GROUP Machelen (Brab.) | €75,760 | -€3,282 | 71.6% | - |
| FIRDAUS UITVAARTZORG Antwerp | €250,111 | - | 4.8% | - |
| BRUSSELS FUNERALS SERVICES Brussels | €78,455 | -€15,113 | 6.9% | - |
| SOETE PROJECTS Ostend | €122,899 | €3,788 | -4.4% | - |
| Centre Funéraire Laurent Wauthy & Heerwegh Rochefort | €295,020 | €4,463 | 40.0% | - |
These companies have the same main activity as GREGALAM: funeral services (NACE 96301). They are comparable in size and age: total assets between €75,800 and €295,000, founded between 2018 and 2023.
Official details
Source: KBO- Status
- Active since 13-06-2023Normal situation
- Activity
- Funeral servicesNACE 96301
- Joint committee
- 320Funeral directors · annual accounts 2025
- Establishment unit
- 2.347.336.6526690 Vielsalm, since 13-06-2023
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- -€25,607▼ 406%
- €81,348▲ 750%
- -€88,832▼ 1,087%
- €285,358▲ 49.7%
- Employeeson 31-12-2025
- 2
- Filing
- Filed on 26-06-2026, 35 days before the end of the filing period
Insights on GREGALAM
GREGALAM files the micro format. That format states no turnover. The gross margin fell from -€384 in 2023 to -€25,607 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 26-06-2026, 35 days before the deadline-€25,607
▼ €20,546
-€71,349
▼ €64,688
-€81,348
▼ €71,774
-€106,254
▼ €162,851
-31.1%
▼ 27.2 percentage points
0.11
▼ 4.06
Turnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €285,358 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
-31.1%
Higher than 20% of 5,753 companies in 2025.
0.11
Higher than 6% of 5,318 companies in 2025.
-28.5%
Higher than 10% of 5,362 companies in 2025.
GREGALAM
Middle half of the sector
80% of the sector
Micro accounts in personal services (NACE 96)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: top quarter · Working capital: bottom quarter
Staff
€42,497
Staff costs divided by the average number of full-time equivalents.
+2 people
people who joined
people who left
In 2025, 2 people joined and nobody left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
285,358 | 190,610 | 2,090 | |
21/28 |
272,542 | 116,124 | - | |
22/27 |
267,541 | 116,124 | - | |
22 |
142,696 | 116,124 | - | |
23 |
82,674 | - | - | |
24 |
42,172 | - | - | |
28 |
5,000 | - | - | |
29/58 |
12,816 | 74,486 | 2,090 | |
3 |
6,707 | - | - | |
30/36 |
6,707 | - | - | |
40/41 |
4,481 | 849 | - | |
40 |
47 | - | - | |
41 |
4,434 | 849 | - | |
54/58 |
1,566 | 73,637 | 2,090 | |
490/1 |
62 | - | - | |
| Balance sheet: equity and liabilities | ||||
10/49 |
285,358 | 190,610 | 2,090 | |
10/15 |
-88,832 | -7,484 | 2,090 | |
10/11 |
2,500 | 2,500 | 2,500 | |
14 |
-91,332 | -9,984 | -410 | |
17/49 |
374,190 | 198,095 | - | |
17 |
255,120 | 180,205 | - | |
170/4 |
255,120 | 180,205 | - | |
42/48 |
119,070 | 17,889 | - | |
42 |
35,165 | 9,529 | - | |
44 |
13,349 | 7,737 | - | |
440/4 |
13,349 | 7,737 | - | |
45 |
6,501 | - | - | |
454/9 |
6,501 | - | - | |
47/48 |
64,055 | 623 | - | |
| Income statement | ||||
9900 |
-25,607 | -5,061 | -384 | |
62 |
25,498 | - | - | |
630 |
19,357 | 1,601 | - | |
640/8 |
887 | - | - | |
9901 |
-71,349 | -6,662 | -384 | |
65/66B |
9,999 | 2,912 | 26 | |
65 |
9,999 | 2,912 | 26 | |
9903 |
-81,348 | -9,574 | -410 | |
9904 |
-81,348 | -9,574 | -410 | |
9905 |
-81,348 | -9,574 | -410 | |
| Appropriation of the result | ||||
9906 |
-91,332 | -9,984 | -410 | |
14P |
-9,984 | -410 | - | |
| Social balance sheet | ||||
9087 |
0.6 | - | - | |
Hours worked1013 |
1,064 | - | - | |
| Document | ||||
The notes to these accounts have 8 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 26-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| -51,993 | -5,061 | - | ||
| -61,991 | -7,973 | - | ||
| 175,774 | 117,725 | - | ||
| -72,070 | 71,547 | - | ||
| -106,254 | 56,597 | - | ||
| -31.1% | -3.9% | - | ||
| 0.11 | 4.16 | - | ||
| 0.05 | 4.16 | - | ||
| -28.5% | -5.0% | - | ||
| -5.20 | -1.74 | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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.
Social balance sheet
| Item | 31-12-2025 |
|---|---|
| Employees at the balance-sheet date | 2 |
| full-time | 2 |
| in full-time equivalents | 2 |
| 0.6 | |
| On a permanent contract | 2 |
| Joined | 2 |
| Left | 0 |
Source: social balance sheet in the 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €170,774 | €117,725 | - |
| Financial fixed assets | €5,000 | - | - |
| €19,357 | €1,601 | - |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on GREGALAM
The operating result for 2025 is a loss of €71,349, larger than the loss of €6,662 in 2024. It is the lowest result since 2023.
Equity is negative. Debt (€374,190) exceeds the balance-sheet total (€285,358).
Board & ownership
Board
2 directors, since incorporationDirector (not named in the articles)
appointed by deed of 15-06-2023
term without a fixed end
Director (not named in the articles)
appointed by deed of 15-06-2023
term without a fixed end
Mandates through the years
2 names, the dashed line is todayBLERET Aline Cécile Jean-Marie Ghislaine
Director (not named in the articles)
Director (not named in the articles)
MAESEN Grégory René Jules Joseph Ghislain
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- BLERET Aline Cécile Jean-Marie Ghislaine
- Director (not named in the articles), appointed by deed of 15-06-2023, still in office
- MAESEN Grégory René Jules Joseph Ghislain
- Director (not named in the articles), appointed by deed of 15-06-2023, still in office
Control
This company
GREGALAM
Equity -€88,832
Loss €81,348 in 2025
Capital
- Contribution
- €2,500
- Shares
- 100
- Contribution per share
- €25
- Equity per share
- -€888 in 2025
- Source
- deed of 15-06-2023
Articles of association
deed of 15-06-2023 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié à charge du cédant et moitié à charge du ou des acquéreurs proportionnellement au nombre d’actions acquises, tenus de solliciter…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Tuesday of June at 20:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 15-06-2023 ↗
- MAESEN Grégory René Jules Joseph Ghislain 50 shares (50%) · €1,250
- BLERET Aline Cécile Jean-Marie Ghislaine 50 shares (50%) · €1,250
Network & group
No group
GREGALAM has no parent and no holdings in its annual accounts.
Earlier ties
| INSTITUT DU SACRE COEUR ASBL via BLERET Aline Cécile Jean-Marie Ghislaine, no longer at INSTITUT DU SACRE COEUR ASBL · Director · deed of 09-07-2019 founded in 1974 · accounts filed late |
2.9 FTE (2024) |
Connections & network
The network starts from the earlier ties.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Timeline
6 events since 2023Filings
Financial
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 35 days before the deadline
2025
Weakest financial year net -€81,348 The net result drops to -€81,348, the lowest from 2023 to 2025.
Annual accounts 2024 filed PDFmicro format · 34 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 27 days late
2023
IncorporationFounding capital of €2,500, 100 shares · Founders: MAESEN Grégory René Jules Joseph Ghislain (fondateur,comparant,actionnaire); BLERET Aline Cécile Jean-Marie Ghislaine (fondateur,comparant,actionnaire) · Appointments: MAESEN Grégory René Jules Joseph Ghislain (director) and BLERET Aline Cécile Jean-Marie Ghislaine (director) · published on 15-06-20239 points ▸
- Founder, MAESEN Grégory René Jules Joseph Ghislain (fondateur,comparant,actionnaire)
- Founder, BLERET Aline Cécile Jean-Marie Ghislaine (fondateur,comparant,actionnaire)
- Founding capital, €2,500, 100 shares
- MAESEN Grégory René Jules Joseph Ghislain holds 50 shares
- BLERET Aline Cécile Jean-Marie Ghislaine holds 50 shares
- Registered office clause, rue des Coqlis 2, 6690 Vielsalm (Rencheux)
- Board rule, 2
- Director appointment, MAESEN Grégory René Jules Joseph Ghislain (director (not named in the articles))
- Director appointment, BLERET Aline Cécile Jean-Marie Ghislaine (director (not named in the articles))
- The deed holds 6 more points.
First establishment Rue des Coqlis, Rencheux 2, Vielsalm
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0802.701.031
- VAT number
- BE 0802.701.031
- Peppol ID
- 0208:0802701031
- Other Peppol ID
- 9925:BE0802701031
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 13-06-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Tuesday of June at 20:00deed of 15-06-2023 (in French)
- Peppol
- Reachable via PeppolFollow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- GREGALAM in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 15-06-2023 (in French)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Région Wallonne”deed of 15-06-2023 (in French)
Activities
NACEBEL 2025VAT activities
96301
Funeral services main activity
Social security (RSZ) activities
96301
Funeral services main activity
Joint committees annual accounts 2025
JC 320
Funeral directors
Codes under NACEBEL 2008
96031
Personal service activities main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “L’exploitation de crematorium pour animaux de compagnie et équidés conformément à la réglementation en vigueur; Ia valorisation et mise en…”deed of 15-06-2023 (in French)
5 activities
- L’exploitation de crematorium pour animaux de compagnie et équidés conformément à la réglementation en vigueur
- Ia valorisation et mise en forme des cendres issues de crémation par tout type de procédé
- Ia collecte et l’élimination des déchets de soins des cabinets et laboratoires vétérinaires et des centres d’expérimentation animaliers et tous autres services utiles à l’activité vétérinaire
- La collecte et le transport de dépouilles animales, déchets organiques
- Le commerce en gros ou en détail de produits ou services en rapport avec la crémation des animaux de compagnie
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Rue des Coqlis, Rencheux 2 registered office 6690 Vielsalm | 13-06-2023 | 2.347.336.652 |
Buildings and parcels at the address
- Ground area
- 1,433 m²
- Buildings
- 346 m²
- Volume, LiDAR
- 2,096 m³
- Tallest building
- 8.7 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 82032F0150/00H000 | 1,433 m² | 1 · 346 m² | 8.7 m · 2 |