Skip to content

GRESON

Active
Public limited companyfounded 198739 yrs activeGalgestraat 1, 1703 Dilbeek, BelgiumKBO/BCE: BE 0430.622.887
Summary

GRESON has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€65,864) and a net result of -€38,070. Equity is growing by ~10.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability60▲+3
Solvency13▼-7
Growth52=
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.03 against 0.03 in 2023; short-term debt: 92.5% and cash: 1.5% of total assets), and equity is negative.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 39 years 0 40 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-12.3%
Return on assets
-7.1%
Age of the figures
21 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€65,864
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-12-2025, 133 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
133 d late
2023
146 d late
2022
91 d late
2021
40 d late
2020
75 d late
2019
98 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 97 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 4 March 1987, GRESON was incorporated.1 Total assets went from EUR 891,429 in 2018 to EUR 535,159 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Equity
-€65,864▼ 137%
2023 · -€27,794
Total assets
€535,159▼ 6.4%
2023 · €571,633
Net result
-€38,070▲ 27.3%
2023 · -€52,341
Working capital
-€477,979▼ 1.6%
2023 · -€470,229
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€3,264-€12,540▼ 284%€166,621-€56,450-€43,109▲ 23.6%
Net result-€150-€8,234▼ 5,388%€169,927-€52,341-€38,070▲ 27.3%
Equity-€137,146▼ 0.1%-€145,380▼ 6.0%€24,547-€27,794-€65,864▼ 137%
Total assets€854,303▼ 2.5%€823,846▼ 3.6%€638,999▼ 22.4%€571,633▼ 10.5%€535,159▼ 6.4%
Debt€926,590▼ 1.8%€909,357▼ 1.9%€559,572▼ 38.5%€549,536▼ 1.8%€556,122▲ 1.2%
Working capital-€721,839▲ 2.7%-€695,640▲ 3.6%-€459,980▲ 33.9%-€470,229▼ 2.2%-€477,979▼ 1.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000€200,000Operating result 2020: -€3,264-€3,264Net result 2020: -€150-€150Operating result 2021: -€12,540-€12,540Net result 2021: -€8,234-€8,234Operating result 2022: €166,621€166,621Net result 2022: €169,927€169,927Operating result 2023: -€56,450-€56,450Net result 2023: -€52,341-€52,341Operating result 2024: -€43,109-€43,109Net result 2024: -€38,070-€38,07020202021202220232024-€100,000€0€100,000€200,000Operating result 2022: €166,621€167,000Net result 2022: €169,927€170,000Operating result 2023: -€56,450-€56,500Net result 2023: -€52,341-€52,300Operating result 2024: -€43,109-€43,100Net result 2024: -€38,070-€38,100202220232024
The operating result stays negative: a loss of €43,109 in 2024 against €56,450 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €535,159
Fixed assets €517,952 ▼ 7.3%
Current assets €17,207 ▲ 34.4%
Key figures and ratios
2024 value · change against 2023
EBITDA
€33,854▲
2023 · €18,814
Cash flow
€38,893▲
2023 · €22,923
Solvency
-12.3%▼
2023 · -4.9%
Current ratio
0.03▲
2023 · 0.03
Debt to equity
-8.44▲
2023 · -19.77
ROA
-7.1%▲
2023 · -9.2%
Interest coverage
46.84▲
2023 · 13.24
Debt ≤ 1 year
€495,186▲
2023 · €483,035
Debt > 1 year
€56,635▼
2023 · €60,347
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,242 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 93% are still going.

  • Small
  • 20 years or older
  • negative equity
  • a small loss
1.9% went bankrupt
4.0% stopped otherwise
93% still going

A further 1.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,242 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 50 lines
Balance sheet Code20232024
Assets
Total assets20/58€571,633€535,159▼
Fixed assets21/28€558,827€517,952▼
Tangible fixed assets22/27€558,827€517,952▼
Land and buildings22€548,873€506,104▼
Plant, machinery and equipment23€3,919€2,848▼
Furniture and vehicles24€6,035€9,000▲
Current assets29/58€12,806€17,207▲
Amounts receivable within one year40/41€548€338▼
Other amounts receivable41€548€338▼
Current investments50/53€7,265€7,456▲
Cash at bank and in hand54/58€3,746€8,038▲
Deferred charges and accrued income490/1€1,247€1,376▲
Equity and liabilities
Total equity and liabilities10/49€571,633€535,159▼
Equity10/15-€27,794-€65,864▼
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Reserves13€124,914€115,225▼
Non-distributable reserves130/1€1,454€1,454=
Legal reserve130€1,454€1,454=
Tax-exempt reserves132€96,890€87,201▼
Distributable reserves133€26,570€26,570=
Profit (loss) carried forward14-€214,708-€243,089▼
Provisions and deferred taxes16€49,891€44,902▼
Deferred taxes168€49,891€44,902▼
Amounts payable17/49€549,536€556,122▲
Amounts payable after more than one year17€60,347€56,635▼
Financial debts170/4€3,711-
Other amounts payable178/9€56,635€56,635=
Amounts payable within one year42/48€483,035€495,186▲
Current portion of amounts payable after more than one year42€21,983€3,711▼
Trade debts44€105€3,955▲
Suppliers440/4€105€3,955▲
Other amounts payable47/48€460,948€487,519▲
Accrued charges and deferred income492/3€6,154€4,301▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€75,265€76,963▲
Other operating charges640/8€11,379€10,699▼
Gross operating margin9900€30,193€44,553▲
Operating profit (loss)9901-€56,450-€43,109▲
Financial income75/76B€540€772▲
Recurring financial income75€540€772▲
Financial charges65/66B€1,421€723▼
Recurring financial charges65€1,421€723▼
Profit (loss) for the period before taxes9903-€57,331-€43,059▲
Transfer from deferred taxes780€4,989€4,989=
Profit (loss) for the period9904-€52,341-€38,070▲
Transfer from tax-exempt reserves789€9,689€9,689=
Profit (loss) for the period to be appropriated9905-€42,652-€28,381▲
Appropriation of the result
Profit (loss) to be appropriated9906-€214,708-€243,089▼
Profit (loss) brought forward from the previous period14P-€172,056-€214,708▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A--€194,186---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€74,576€75,982€74,029€75,265€76,963▲ 2.3%
Other operating charges640/8-€11,602€11,785€11,379€10,699▼ 6.0%
Gross operating margin9900€82,449€75,044€252,435€30,193€44,553▲ 47.6%
Operating profit (loss)9901-€3,264-€12,540€166,621-€56,450-€43,109▲ 23.6%
Financial income75/76B-€1,429€778€540€772▲ 43.0%
Recurring financial income75€477€1,429€778€540€772▲ 43.0%
Financial charges65/66B-€2,113€2,462€1,421€723▼ 49.1%
Recurring financial charges65€2,352€2,113€2,462€1,421€723▼ 49.1%
Profit (loss) for the period before taxes9903-€5,139-€13,223€164,938-€57,331-€43,059▲ 24.9%
Transfer from deferred taxes780-€4,989€4,989€4,989€4,989=
Profit (loss) for the period9904-€150-€8,234€169,927-€52,341-€38,070▲ 27.3%
Transfer from tax-exempt reserves789-€9,689€9,689€9,689€9,689=
Profit (loss) for the period to be appropriated9905€9,539€1,455€179,616-€42,652-€28,381▲ 33.5%
Line20202021202220232024Change
Assets
Total assets20/58€854,303€823,846€638,999€571,633€535,159▼ 6.4%
Fixed assets21/28€779,855€718,297€626,189€558,827€517,952▼ 7.3%
Tangible fixed assets22/27€779,855€718,297€626,189€558,827€517,952▼ 7.3%
Land and buildings22-€705,136€614,465€548,873€506,104▼ 7.8%
Plant, machinery and equipment23-€2,936€3,595€3,919€2,848▼ 27.3%
Furniture and vehicles24-€10,224€8,130€6,035€9,000▲ 49.1%
Current assets29/58€74,448€105,550€12,810€12,806€17,207▲ 34.4%
Amounts receivable within one year40/41€262€143€230€548€338▼ 38.4%
Other amounts receivable41-€143€230€548€338▼ 38.4%
Current investments50/53€6,770€8,199€7,456€7,265€7,456▲ 2.6%
Cash at bank and in hand54/58€65,953€96,108€3,935€3,746€8,038▲ 115%
Deferred charges and accrued income490/1-€1,099€1,190€1,247€1,376▲ 10.3%
Equity and liabilities
Total equity and liabilities10/49€854,303€823,846€638,999€571,633€535,159▼ 6.4%
Equity10/15-€137,146-€145,380€24,547-€27,794-€65,864▼ 137%
Contributions10/11-€62,000€62,000€62,000€62,000=
Capital10---€62,000€62,000=
Issued capital100---€62,000€62,000=
Reserves13€153,981€144,292€134,603€124,914€115,225▼ 7.8%
Non-distributable reserves130/1-€1,454€1,454€1,454€1,454=
Legal reserve130---€1,454€1,454=
Reserves not available under the articles1311-€1,454€1,454---
Tax-exempt reserves132-€116,268€106,579€96,890€87,201▼ 10.0%
Distributable reserves133-€26,570€26,570€26,570€26,570=
Profit (loss) carried forward14-€353,127-€351,672-€172,056-€214,708-€243,089▼ 13.2%
Provisions and deferred taxes16€64,858€59,869€54,880€49,891€44,902▼ 10.0%
Deferred taxes168-€59,869€54,880€49,891€44,902▼ 10.0%
Amounts payable17/49€926,590€909,357€559,572€549,536€556,122▲ 1.2%
Amounts payable after more than one year17€124,852€103,827€82,329€60,347€56,635▼ 6.1%
Financial debts170/4-€47,192€25,694€3,711--
Other amounts payable178/9-€56,635€56,635€56,635€56,635=
Amounts payable within one year42/48€796,287€801,190€472,790€483,035€495,186▲ 2.5%
Current portion of amounts payable after more than one year42-€21,024€21,498€21,983€3,711▼ 83.1%
Trade debts44€185€1,993€4,016€105€3,955▲ 3,680%
Suppliers440/4-€1,993€4,016€105€3,955▲ 3,680%
Other amounts payable47/48-€778,173€447,276€460,948€487,519▲ 5.8%
Accrued charges and deferred income492/3-€4,340€4,453€6,154€4,301▼ 30.1%
Line20202021202220232024Change
Profit (loss) for the period9904-€150-€8,234€169,927-€52,341-€38,070▲ 27.3%
+ Depreciation and write-downs630€74,576€75,982€74,029€75,265€76,963▲ 2.3%
Operating cash flow (approximation)€74,426€67,747€243,956€22,923€38,893▲ 69.7%
Investment in fixed assets (approximation)--€14,424€18,079-€7,902-€36,088▼ 357%
Change in cash-€30,156-€92,173-€189€4,292▲ 2,371%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2025
11-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 133 days late
2024
24-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 146 days late
2023
31-12
Financial Weakest financial yearnet -€52,341
Net result drops to -€52,341, the lowest in the series; recovery starts the following year.
30-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 91 days late
2022
31-12
Financial Back to profitnet €169,927
Net result €169,927 after 2 loss-making years.
09-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 40 days late
2021
14-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 75 days late
2020
06-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 98 days late
2019
31-12
Financial Back to profitnet €13,588
Net result €13,588 after one loss-making year.
12-11
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 104 days late
2018
06-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
29-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Dilbeek · 1 establishment unit since 1987
seat establishment The establishment unit on the map
Ground area
1,174 m²
Building footprint
280 m²
Volume, LiDAR
1,369 m³
2 parcels, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Pamelse Klei 58, 1760 Roosdaal
NACE 70201
since 19872.030.695.691
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23070B0235/00C000 Flanders 990 m² 1 · 203 m² 7.0 m · 1 fl.
23097C0894/00E000 Flanders 184 m² 1 · 77 m² 10.0 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPublic limited company
Founded04-03-1987
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0430622887
Also 9925:BE0430622887
Registered 05-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.