GREJUS
ActiveSummary
GREJUS has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €933k and a net result of €-14k. Equity is shrinking by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 1208 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability67=
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 11.48 against 12.58 in 2024; short-term debt: 1.1% and cash: 10.9% of total assets), and 1.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
98.8%
Return on assets
-1.5%
Age of the figures
9 mo
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
58 d early
2023
16 d early
2022
107 d early
2021
101 d early
2020
77 d early
2019
72 d early
← 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€933k▼ 1.5%
2024 · €947k
Total assets
€944k▼ 1.2%
2024 · €956k
Net result
€-14k▲ 7.1%
2024 · €-15k
Working capital
€108k▲ 24.3%
2024 · €87k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€-28k▼ 22.9%€-29k▼ 3.9%€-39k▼ 35.1%€-15k▲ 61.6%€-14k▲ 7.3%
Net result€-31k▼ 20.0%€-32k▼ 3.5%€-40k▼ 25.2%€-15k▲ 62.2%€-14k▲ 7.1%
Equity€1.03M▼ 2.9%€1.00M▼ 3.1%€962k▼ 4.0%€947k▼ 1.6%€933k▼ 1.5%
Total assets€1.12M▼ 3.4%€1.08M▼ 2.8%€965k▼ 11.0%€956k▼ 1.0%€944k▼ 1.2%
Debt€81k▼ 9.3%€82k▲ 0.7%€3k▼ 96.7%€9k▲ 219%€11k▲ 32.8%
Working capital€98k▲ 17.7%€67k▼ 32.1%€65k▼ 3.2%€87k▲ 34.2%€108k▲ 24.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €14k in 2025 against €15k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €944k
Fixed assets
€827k ▼ 4.1%
Current assets
€118k ▲ 25.3%
Equity and liabilities €944k
Equity
€933k ▼ 1.5%
Debt
€11k ▲ 32.8%
Debt's share of the balance-sheet total rises from 0.9% to 1.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€21k▼
2024 · €23k
Cash flow
€21k▼
2024 · €23k
Current ratio
11.48▼
2024 · 12.58
Debt to equity
0.01▲
2024 · 0.01
ROE
-1.5%▲
2024 · -1.6%
ROA
-1.5%▲
2024 · -1.6%
Interest coverage
135.58▼
2024 · 163.46
Debt ≤ 1 year
€10k▲
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €45k | €46k | €45k | €38k | €35k | ▼ 7.9% |
| Other operating charges640/8 | €4k | €3k | €3k | €3k | €3k | ▲ 2.5% |
| Gross operating margin9900 | €21k | €20k | €9k | €26k | €24k | ▼ 7.0% |
| Operating profit (loss)9901 | €-28k | €-29k | €-39k | €-15k | €-14k | ▲ 7.3% |
| Financial charges65/66B | €3k | €3k | €989 | €141 | €156 | ▲ 10.6% |
| Recurring financial charges65 | €3k | €3k | €989 | €141 | €156 | ▲ 10.6% |
| Profit (loss) for the period before taxes9903 | €-31k | €-32k | €-40k | €-15k | €-14k | ▲ 7.1% |
| Profit (loss) for the period9904 | €-31k | €-32k | €-40k | €-15k | €-14k | ▲ 7.1% |
| Profit (loss) for the period to be appropriated9905 | €-31k | €-32k | €-40k | €-15k | €-14k | ▲ 7.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.12M | €1.08M | €965k | €956k | €944k | ▼ 1.2% |
| Fixed assets21/28 | €941k | €940k | €900k | €862k | €827k | ▼ 4.1% |
| Tangible fixed assets22/27 | €941k | €940k | €900k | €862k | €827k | ▼ 4.1% |
| Land and buildings22 | €911k | €924k | €894k | €860k | €826k | ▼ 4.0% |
| Plant, machinery and equipment23 | €11k | €6k | €2k | €1k | €591 | ▼ 56.2% |
| Furniture and vehicles24 | €689 | €306 | - | - | - | - |
| Other tangible fixed assets26 | €17k | €10k | €4k | €380 | €0 | ▼ 100% |
| Current assets29/58 | €175k | €144k | €65k | €94k | €118k | ▲ 25.3% |
| Amounts receivable within one year40/41 | €8k | €17k | €6k | €7k | €10k | ▲ 36.1% |
| Trade receivables40 | €8k | €13k | €6k | €7k | €10k | ▲ 36.1% |
| Other amounts receivable41 | - | €4k | €88 | €0 | - | - |
| Cash at bank and in hand54/58 | €163k | €122k | €55k | €82k | €103k | ▲ 26.6% |
| Deferred charges and accrued income490/1 | €4k | €4k | €5k | €5k | €4k | ▼ 10.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.12M | €1.08M | €965k | €956k | €944k | ▼ 1.2% |
| Equity10/15 | €1.03M | €1.00M | €962k | €947k | €933k | ▼ 1.5% |
| Contributions10/11 | €310k | €310k | €310k | €310k | €310k | = |
| Capital10 | €310k | €310k | €310k | €310k | €310k | = |
| Issued capital100 | €310k | €310k | €310k | €310k | €310k | = |
| Reserves13 | €725k | €693k | €652k | €637k | €623k | ▼ 2.2% |
| Non-distributable reserves130/1 | €31k | €31k | €31k | €31k | €31k | = |
| Legal reserve130 | €31k | €31k | €31k | €31k | €31k | = |
| Tax-exempt reserves132 | €75 | €75 | €75 | €75 | €75 | = |
| Distributable reserves133 | €694k | €662k | €621k | €606k | €592k | ▼ 2.3% |
| Profit (loss) carried forward14 | €190 | €102 | €31 | €0 | - | - |
| Amounts payable17/49 | €81k | €82k | €3k | €9k | €11k | ▲ 32.8% |
| Amounts payable within one year42/48 | €77k | €77k | €751 | €7k | €10k | ▲ 37.3% |
| Trade debts44 | - | - | €156 | €0 | €210 | - |
| Suppliers440/4 | - | - | €156 | €0 | €210 | - |
| Taxes, remuneration and social security45 | €1k | €2k | - | €6k | €9k | ▲ 40.2% |
| Taxes450/3 | €1k | €2k | - | €4k | €6k | ▲ 68.9% |
| Remuneration and social security454/9 | - | - | - | €3k | €3k | = |
| Other amounts payable47/48 | €76k | €76k | €596 | €1k | €1k | ▲ 4.0% |
| Accrued charges and deferred income492/3 | €4k | €5k | €2k | €1k | €1k | ▲ 1.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-31k | €-32k | €-40k | €-15k | €-14k | ▲ 7.1% |
| + Depreciation and write-downs630 | €45k | €46k | €45k | €38k | €35k | ▼ 7.9% |
| Operating cash flow (approximation) | €14k | €14k | €5k | €23k | €21k | ▼ 8.4% |
| Investment in fixed assets (approximation) | - | €-46k | €-4k | €0 | €0 | - |
| Change in cash | - | €-40k | €-68k | €27k | €22k | ▼ 19.6% |
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
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-40k
Net result drops to €-40k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 47current ratio 86.90
Current ratio from 1.86 to 86.90; short-term debt falls from €77k to €751.
15-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
15-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
20-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €301k
Net result €301k after one loss-making year.
31-12
Financial
Liquidity times 10current ratio 1.88
Current ratio from 0.20 to 1.88; short-term debt falls from €432k to €84k.
31-12
Financial
Equity above €1MEq €1.09M ▲38.1%
Equity rises from €790k to €1.09M.
Show earlier events
28-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Brakel · 1 establishment unit since 1990
Ground area
3,122 m²
Building footprint
211 m²
Volume, LiDAR
1,057 m³
Parcel 45034C0222/00B000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Wallekouter 1, 9660 Brakel
since 19902.048.543.691
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45034C0222/00B000 | Flanders | 3,122 m² | 1 · 211 m² | 8.6 m · 2 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.
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Of 1,280 companies in sector 81100 we hold annual accounts for 678. 436 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded16-02-1990
Fiscal year end31-12
Activities, NACEBEL 2025
81100Combined facilities support activities
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.