GREPOBEL
ActiveGREPOBEL has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.25M and a net result of €-44k. Equity is growing by ~20.6% per year across the filed fiscal years. Its solvency ranks better than 78% of 279 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67▼-12
Solvency94▲+13
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €180k at 30 days acceptable
Liquidity ample (current ratio 1.66 against 1.57 in 2024; short-term debt: 26.2% and cash: 13.6% of total assets), and 31.3% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 35
Relative position
BE, all sectors
reference
Sector 35
lower
← 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
68.7%
Return on assets
-1.3%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
1 d early
2023
on the day
2022
1 d early
2021
1 d early
2020
2 d early
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.25M▼ 1.7%
2024 · €2.29M
2018: €294k
2019: €694k
2020: €1.23M
2021: €1.32M
2022: €1.62M
2023: €1.90M
2024: €2.29M
2018 → 2025
Total assets
€3.27M▼ 20.0%
2024 · €4.09M
2018: €7.62M
2019: €6.87M
2020: €6.00M
2021: €5.47M
2022: €5.21M
2023: €4.94M
2024: €4.09M
2018 → 2025
Net result
€-44k
2024 · €321k
2018: €199k
2019: €400k
2020: €540k
2021: €224k
2022: €583k
2023: €477k
2024: €321k
2018 → 2025
Working capital
€565k▲ 10.1%
2024 · €513k
2018: €-254k
2019: €-15k
2020: €-210k
2021: €-228k
2022: €99k
2023: €86k
2024: €513k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.32M-€1.62M▲ 23.0%€1.90M▲ 17.1%€2.29M▲ 20.4%€2.25M▼ 1.7%
Operating result€338k-€777k▲ 130%€648k▼ 16.6%€480k▼ 26.0%€-22k
Net result€224k-€583k▲ 160%€477k▼ 18.1%€321k▼ 32.8%€-44k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €22k after €480k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.27M
Fixed assets
€1.85M▼ 31.1%
Current assets
€1.42M▲ 1.1%
Equity and liabilities €3.27M
Equity
€2.25M▼ 1.7%
Debt
€1.02M▼ 43.2%
The debt ratio falls from 44.1% to 31.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€810k▼
2024 · €1.32M
Cash flow
€789k▼
2024 · €1.16M
Solvency
68.7%▲
2024 · 55.9%
Current ratio
1.66▲
2024 · 1.57
Quick ratio
1.66▲
2024 · 1.57
Debt / equity
0.46▼
2024 · 0.79
ROE
-2.0%▼
2024 · 14.0%
ROA
-1.3%▼
2024 · 7.8%
Interest coverage
22.11▼
2024 · 23.50
Debt
€1.02M▼
2024 · €1.80M
Debt ≤ 1 year
€858k▼
2024 · €894k
Debt > 1 year
€89k▼
2024 · €908k
Income taxes
€0▼
2024 · €103k
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€4.09M€3.27M▼
Fixed assets21/28€2.68M€1.85M▼
Tangible fixed assets22/27€2.68M€1.85M▼
Plant, machinery and equipment23€2.63M€1.84M▼
Furniture and vehicles24€47k€12k▼
Current assets29/58€1.41M€1.42M▲
Amounts receivable within one year40/41€825k€903k▲
Trade receivables40€820k€849k▲
Other amounts receivable41€5k€53k▲
Cash at bank and in hand54/58€508k€445k▼
Deferred charges and accrued income490/1€73k€75k▲
Equity and liabilities
Total equity and liabilities10/49€4.09M€3.27M▼
Equity10/15€2.29M€2.25M▼
Contributions10/11€65k€65k=
Capital10€65k€65k=
Issued capital100€65k€65k=
Reserves13€2.15M€2.11M▼
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Distributable reserves133€2.15M€2.10M▼
Profit (loss) carried forward14€0-
Investment grants15€67k€72k▲
Amounts payable17/49€1.80M€1.02M▼
Amounts payable after more than one year17€908k€89k▼
Financial debts170/4€908k€89k▼
Amounts payable within one year42/48€894k€858k▼
Current portion of amounts payable after more than one year42€799k€819k▲
Trade debts44€81k€39k▼
Suppliers440/4€81k€39k▼
Taxes, remuneration and social security45€14k€0▼
Taxes450/3€14k€0▼
Other amounts payable47/48€0-
Accrued charges and deferred income492/3-€77k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€839k€833k▼
Other operating charges640/8€8k€8k▲
Gross operating margin9900€1.33M€818k▼
Operating profit (loss)9901€480k€-22k▼
Financial income75/76B€677€15k▲
Recurring financial income75€677€15k▲
Financial charges65/66B€56k€37k▼
Recurring financial charges65€56k€37k▼
Profit (loss) for the period before taxes9903€424k€-44k▼
Income taxes67/77€103k€0▼
Profit (loss) for the period9904€321k€-44k▼
Profit (loss) for the period to be appropriated9905€321k€-44k▼
Appropriation of the result
Profit (loss) to be appropriated9906€321k€-44k▼
Transfer from equity791/2-€44k
Transfer to equity691/2€321k€0▼
To other reserves6921€321k€0▼
Profit to be distributed694/7€0-
Directors or managers695€0-
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (8 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
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Weakest financial yearnet €-44k ▼114%
Net result drops to €-44k, the lowest in the series.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Equity above €2MEq €2.29M ▲20.4%
7 profitable years in a row build equity to €2.29M.
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
29-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Highest result since 2018net €583k ▲160%
Operating result €777k, net result €583k, both a record.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Equity above €1MEq €1.23M ▲77.8%
3 profitable years in a row build equity to €1.23M.
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Equity above €500kEq €694k ▲136%
2 profitable years in a row build equity to €694k.
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Lummen · 1 establishment unit since 2006
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.
Kanaalstraat 143560 LummenGround area
1.6 ha
Building footprint
8,444 m²
Parcel 71037A0278/00C003, Flanders. Linked by address, not a title deed.
1 establishment unit
GREPOBEL
since 20062.158.505.366
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71037A0278/00C003 | Flanders | 1.6 ha | 1 · 8,444 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 4 entries · 112,809 EUR awarded · 87,723 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 0 EUR | 20,038 EUR |
| 2024 | 1 | 0 EUR | 67,685 EUR |
| 2023 | 1 | 112,809 EUR | 0 EUR |
Schemes
Ecologiepremie+
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ERIGIS
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Of 815 companies in sector 35110 we hold annual accounts for 631. 399 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded19-12-2006
Fiscal year end30-09
Activities, NACEBEL
35110Production of electricity from non-renewable sources
35150Electricity, gas, steam and air conditioning supply
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.