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GRENSON & FILS

Active
Private limited companyfounded 2011active for 15 yearsRue de l'Ile Dossai 13, 5300 Andenne, BelgiumKBO/BCE: BE 0836.062.004
Summary

GRENSON & FILS has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.6m and a net result of €219,236. Equity is growing by about 19% per year across the filed financial years. Its solvency ranks better than 66% of 9,802 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Specialised construction activities
NACE 43130Other construction installation NACE 43240
2nd largest company by equity in Andenne, Construction sector2 sites
Size
€4.4mtotal assets 2025
Staff
23.1 FTE
Equity
€2.6m
Profit
€219,236
Net result -66%: other schema
Financial health
96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Holdings
1
2025 accounts filed 31 days late2 of 8 deeds summarised
Why 96raises riskLast filed accounts filed 31 days late; 2 of the last 3 latelowers riskLiquidity: current ratio 2.58, cash €1.2mSize: 23.1 FTE, total assets €4.4mFounded in 2011Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 69% of its sector peers (NACE 43, small)
Financial strength · tick = 2024
Strong
Solvency 83-6
equity 58.3% of total assets
Liquidity 69-2
short-term debt 32.4% · cash 26.1%
Profitability 75-16
return on assets 5.0%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,646 companies, NACE 43, small)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.4%▲ +0.2 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -0.3 percentage points vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%▼ -0.1 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €240,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.58, compared with 3.6 in 2024, above the usual 1.5; short-term debt: 32.4% and cash: 26.1% of total assets), and 41.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, small): better than 77% on solvency, 84% on liquidity, 57% on profitability and 60% on growth.

The bankruptcy probability was computed on 24-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 2.58, cash €1.2m
NBB · annual accounts
lowers risk · Size: 23.1 FTE, total assets €4.4m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Last filed accounts filed 31 days late; 2 of the last 3 late
NBB · filings
lowers risk · Founded in 2011
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · 2025 accounts filed 31 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 7 filings
Deviation from the deadline
2025
31 days late
2024
14 days late
2023
54 days late
2022
29 days late
2021
31 days late
2020
32 days early
2019
99 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 4 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% 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 31 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Resignation: Alain THIRION (director)Gazette deed
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Caution: Result fell in 2025different schema filed ▼ 66.1% View
  • Positive: Among the best 5% on equitysector median €252,955 · 9,804 companies €2.6m View
  • Positive: 7 profitable years in a rowprofit 2025: €219,236 7 years View
  • A director leftlatest change 26-01-2026 · 0 in office 1 left View

By topic

Financials

Financial year
2025
Total assets
€4.4m
Profit
€219,236
Solvency
58.3%
Go to Financials

Timeline

Events
13
Since
2020
Next accounts
by 31-07-2027
  1. 31-12-2024Highest result from 2019 to 2025
  2. 31-12-2024Equity above €2m
  3. 23-09-2024Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Specialised construction activitiesNACE 43130
Founded
06-05-2011
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about GRENSON & FILS

What is the company number of GRENSON & FILS?
0836.062.004. In Belgium the VAT number is the company number with BE in front: BE 0836.062.004.
Where is GRENSON & FILS based?
The registered office is at Rue de l'Ile Dossai 13, 5300 Andenne.Company details
What does GRENSON & FILS do?
According to the KBO register, the main activity is specialised construction activities (NACE 43130).
What is the legal form of GRENSON & FILS?
Private limited company (BV).
When was GRENSON & FILS founded?
On 06-05-2011.
Is GRENSON & FILS still active?
Yes, GRENSON & FILS is an active enterprise in the KBO register.
How many employees does GRENSON & FILS have?
On average 23.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of GRENSON & FILS?
€1.9m in financial year 2021, according to the filed annual accounts.
Is GRENSON & FILS profitable?
In financial year 2025, GRENSON & FILS made a profit of €219,236.
Where can I find the annual accounts of GRENSON & FILS?
GRENSON & FILS filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GRENSON & FILS due?
By 31-07-2027, for financial year 2026.Timeline

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