GRENEZ
ActiveGRENEZ has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €327k and a net result of €10k. Equity is growing by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 91% of 18207 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-10
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 6.57 against 4.52 in 2024; short-term debt: 14.5% and cash: 1.3% of total assets), and 14.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
85.5%
Return on assets
2.6%
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
29 d late
2023
54 d late
2022
70 d late
2021
78 d late
2020
54 d late
2019
67 d late
← before the deadline
after the deadline →
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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€327k▲ 3.1%
2024 · €317k
2018: €200k
2019: €182k
2020: €196k
2021: €236k
2022: €256k
2023: €276k
2024: €317k
2018 → 2025
Total assets
€383k▼ 4.3%
2024 · €400k
2018: €339k
2019: €279k
2020: €306k
2021: €328k
2022: €329k
2023: €362k
2024: €400k
2018 → 2025
Net result
€10k▼ 75.9%
2024 · €41k
2018: €-403
2019: €12k
2020: €14k
2021: €40k
2022: €19k
2023: €21k
2024: €41k
2018 → 2025
Working capital
€309k▲ 6.0%
2024 · €291k
2018: €216k
2019: €168k
2020: €188k
2021: €230k
2022: €246k
2023: €244k
2024: €291k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€236k-€256k▲ 8.2%€276k▲ 8.1%€317k▲ 14.9%€327k▲ 3.1%
Operating result€48k-€26k▼ 44.6%€33k▲ 26.8%€59k▲ 77.6%€13k▼ 78.1%
Net result€40k-€19k▼ 52.0%€21k▲ 7.3%€41k▲ 98.6%€10k▼ 75.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 78% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €383k
Fixed assets
€19k▼ 28.7%
Current assets
€364k▼ 2.6%
Equity and liabilities €383k
Equity
€327k▲ 3.1%
Debt
€55k▼ 33.0%
The debt ratio falls from 20.7% to 14.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€21k▼
2024 · €67k
Cash flow
€17k▼
2024 · €48k
Solvency
85.5%▲
2024 · 79.3%
Current ratio
6.57▲
2024 · 4.52
Quick ratio
5.26▲
2024 · 3.65
Debt / equity
0.17▼
2024 · 0.26
ROE
3.0%▼
2024 · 13.0%
ROA
2.6%▼
2024 · 10.3%
Interest coverage
38.67▼
2024 · 46.29
Debt
€55k▼
2024 · €83k
Debt ≤ 1 year
€55k▼
2024 · €83k
Income taxes
€4k▼
2024 · €17k
Staff costs
€57k▲
2024 · €52k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€400k€383k▼
Fixed assets21/28€26k€19k▼
Tangible fixed assets22/27€26k€19k▼
Plant, machinery and equipment23€26k€19k▼
Current assets29/58€374k€364k▼
Amounts receivable after more than one year29€273k€273k=
Other amounts receivable291€273k€273k=
Stocks and contracts in progress3€72k€73k▲
Stocks30/36€72k€73k▲
Amounts receivable within one year40/41€20k€8k▼
Trade receivables40€20k€2k▼
Other amounts receivable41-€6k
Current investments50/53€5k€5k=
Cash at bank and in hand54/58€3k€5k▲
Equity and liabilities
Total equity and liabilities10/49€400k€383k▼
Equity10/15€317k€327k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€297k€307k▲
Amounts payable17/49€83k€55k▼
Amounts payable within one year42/48€83k€55k▼
Current portion of amounts payable after more than one year42€2k€2k▼
Financial debts43€11k-
Credit institutions430/8€11k-
Trade debts44€53k€41k▼
Suppliers440/4€53k€41k▼
Taxes, remuneration and social security45€16k€13k▼
Taxes450/3€11k€7k▼
Remuneration and social security454/9€6k€5k▼
Other amounts payable47/48€69€69=
Income statement
Code20242025
Remuneration, social security and pensions62€52k€57k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€8k▲
Other operating charges640/8€3k€270▼
Gross operating margin9900€122k€78k▼
Operating profit (loss)9901€59k€13k▼
Financial income75/76B€493€981▲
Recurring financial income75€493€981▲
Financial charges65/66B€1k€532▼
Recurring financial charges65€1k€532▼
Profit (loss) for the period before taxes9903€58k€13k▼
Income taxes67/77€17k€4k▼
Profit (loss) for the period9904€41k€10k▼
Profit (loss) for the period to be appropriated9905€41k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€297k€307k▲
Profit (loss) brought forward from the previous period14P€256k€297k▲
The notes to these accounts (4 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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2018net €41k ▲98.6%
Operating result €59k, net result €41k, both a record.
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 54 days late
2023
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
31-12
Financial
Equity above €200kEq €236k ▲20.5%
3 profitable years in a row build equity to €236k.
23-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 54 days late
2020
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 67 days late
2019
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
10-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 71 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Frasnes-lez-Anvaing · 1 establishment unit since 1983
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.
Grand'Place(FB) 15b7911 Frasnes-lez-AnvaingGround area
791 m²
Building footprint
292 m²
Parcel 51022C0552/00D002, Wallonia. Linked by address, not a title deed.
1 establishment unit
GRENEZ
since 19832.023.002.997
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51022C0552/00D002 | Wallonia | 791 m² | 1 · 292 m² | - |
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 1,730 companies in sector 47742 we hold annual accounts for 1,138. 886 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded17-09-1983
Fiscal year end31-12
Activities, NACEBEL
47742Retail sale of prescription glasses, lenses and sunglasses
47770Retail sale of watches and jewellery
47782Retail trade
52485
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.