GRENZLAND WALZEN
ActiveGRENZLAND WALZEN has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €273k and a net result of €33k. Equity is shrinking by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 93% of 7932 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66▼-34
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 12.5 against 5.77 in 2024; short-term debt: 8% and cash: 13.1% of total assets), and 8% 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
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
92%
Return on assets
11.2%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
2 d early
2023
26 d late
2022
15 d late
2021
30 d early
2020
30 d late
2019
88 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€33k▼ 64.7%
2024 · €95k
2018: €274k
2019: €242k
2020: €148k
2021: €96k
2022: €57k
2023: €37k
2024: €95k
2018 → 2025
Working capital
€273k▲ 13.9%
2024 · €240k
2018: €416k
2019: €257k
2020: €405k
2021: €501k
2022: €558k
2023: €345k
2024: €240k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€501k-€558k▲ 11.4%€345k▼ 38.1%€240k▼ 30.5%€273k▲ 13.9%
Operating result€130k-€78k▼ 40.2%€51k▼ 34.3%€131k▲ 155%€50k▼ 61.6%
Net result€96k-€57k▼ 40.4%€37k▼ 34.5%€95k▲ 154%€33k▼ 64.7%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 62% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €297k
Equity
€273k▲ 13.9%
Debt
€24k▼ 52.8%
The debt ratio falls from 17.3% to 8.0%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
92.0%▲
2024 · 82.7%
Current ratio
12.50▲
2024 · 5.77
Quick ratio
12.50▲
2024 · 5.77
Debt / equity
0.09▼
2024 · 0.21
ROE
12.2%▼
2024 · 39.5%
ROA
11.2%▼
2024 · 32.6%
Debt
€24k▼
2024 · €50k
Debt ≤ 1 year
€24k▼
2024 · €50k
Income taxes
€16k▼
2024 · €36k
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€290k€297k▲
Current assets29/58€290k€297k▲
Amounts receivable within one year40/41€197k€258k▲
Trade receivables40€192k€247k▲
Other amounts receivable41€5k€12k▲
Cash at bank and in hand54/58€87k€39k▼
Deferred charges and accrued income490/1€6k-
Equity and liabilities
Total equity and liabilities10/49€290k€297k▲
Equity10/15€240k€273k▲
Contributions10/11€12k€12k=
Reserves13€2k€32k▲
Distributable reserves133€2k€32k▲
Profit (loss) carried forward14€226k€229k▲
Amounts payable17/49€50k€24k▼
Amounts payable within one year42/48€50k€24k▼
Trade debts44€8k€400▼
Suppliers440/4€8k€400▼
Taxes, remuneration and social security45€36k€16k▼
Taxes450/3€36k€16k▼
Other amounts payable47/48€7k€7k▲
Income statement
Code20242025
Other operating charges640/8€387€400▲
Gross operating margin9900€131k€51k▼
Operating profit (loss)9901€131k€50k▼
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€344€403▲
Recurring financial charges65€344€403▲
Profit (loss) for the period before taxes9903€130k€50k▼
Income taxes67/77€36k€16k▼
Profit (loss) for the period9904€95k€33k▼
Profit (loss) for the period to be appropriated9905€95k€33k▼
Appropriation of the result
Profit (loss) to be appropriated9906€426k€259k▼
Profit (loss) brought forward from the previous period14P€331k€226k▼
Transfer to equity691/2-€30k
To the legal reserve6920-€30k
Profit to be distributed694/7€200k-
Return on contributions (dividend)694€200k-
The notes to these accounts (1 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
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €33k ▼64.7%
Net result drops to €33k, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 12.50
Current ratio from 5.77 to 12.50; short-term debt falls from €50k to €24k.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema · 26 days late
2023
15-08
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema · 15 days late
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity triplescurrent ratio 12.75
Current ratio from 4.33 to 12.75; short-term debt falls from €122k to €43k.
31-12
Financial
Equity above €500kEq €501k ▲23.6%
4 profitable years in a row build equity to €501k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 88 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 31 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
08-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 39 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Raeren · 1 establishment unit since 1996
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.
Burgstrasse 364730 Raeren1 establishment unit
Burgstrasse 36, 4730 Raeren
since 19962.076.508.494
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Of 1,565 companies in sector 46900 we hold annual accounts for 921. 672 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-04-1996
Fiscal year end31-12
Activities, NACEBEL
46900Non-specialised wholesale trade
51900
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filings
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.