Grensland Media
The computed 12-month bankruptcy probability of Grensland Media is 1.0% (low). The 2024 annual accounts show negative equity (€-318k) and a net result of €-109k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 222 sector peers (fiscal year 2024). The company has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-318k |
| Net result | €-109k |
| Staff (FTE) | 1 |
| Better than sector | 9% |
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -101.6% | 46.4% | |
| Net result | €-109k | €31k | |
| Equity | €-318k | €129k | |
| Gross operating margin | €-11k | €71k | |
| Staff costs | €67k | €206k |
Show 9 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €-83k |
| Net profit | €-109k |
| Cash flow | €-83k |
| Staff costs | €67k |
| Income taxes | - |
| Dividends | - |
| Total assets | €313k |
| Equity | €-318k |
| Debt | €631k |
| of which ≤ 1y | €631k |
| of which > 1y | - |
| Working capital | €-574k |
| Employees (FTE) | 1.0 |
| 2024 | |
|---|---|
| Current ratio | 0.09 |
| Quick ratio | 0.09 |
| Working capital ratio | -183.5% |
| Solvency | -101.6% |
| Debt / equity | -1.98 |
| Long-term debt ratio | - |
| Interest coverage | -1836.78 |
| Gross margin | - |
| Net margin | - |
| ROA | -34.8% |
| ROE | 34.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (21 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €313k |
| Fixed assets | 21/28 | €257k |
| Tangible fixed assets | 22/27 | €254k |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €56k |
| Amounts receivable within one year | 40/41 | €55k |
| Cash & bank | 54/58 | €1k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €313k |
| Equity | 10/15 | €-318k |
| Contributions / capital | 10/11 | €30k |
| Reserves | 13 | €84k |
| Accumulated profits (losses) | 14 | €-432k |
| Amounts payable | 17/49 | €631k |
| Amounts payable within one year | 42/48 | €631k |
| Trade debts payable within one year | 44 | €56k |
| Income statement | ||
| Gross operating margin | 9900 | €-11k |
| Operating result | 9901 | €-109k |
| Financial charges | 65 | €45 |
| Result before taxes | 9903 | €-109k |
| Net result for the period | 9904 | €-109k |
| Result to be appropriated | 9905 | €-109k |
Former directors (1)
-
Ogun DemirkanDirectorState Gazette act 23017206 (03-02-2023)Former- → 03-01-2023
| NACE primary | Activiteiten van reclamebureaus(73110) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 26-08-1993 |
| Status | Active |
| Postal code | 3621 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73064A0325/00E000 | Flanders | 3,456 m² | 1 · 935 m² | 18.8 m · 4 fl. |
| 72020C0353/00S000 | Flanders | 2,212 m² | 1 · 2,130 m² | 13.7 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
03-02-2023 Officer resignation · Officer discharge · Act object
- Filing: 2023-01-25 · Grensland Media
- Publication: 2023-02-03 · Grensland Media
- Officer resignation: 2023-01-03 · Ogun Demirkan
- Officer discharge · Ogun Demirkan
- Act object: Ontslag bestuurder
Technical details
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}| Legal nameNL | Grensland Media |