Summary
GREVIC is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €9.76M and a net result of €-110k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 67% of 6156 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-06-2025, 37 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
13 d early
2022
25 d early
2021
11 d late
2020
11 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€9.76M▼ 1.1%
2023 · €9.87M
2021: €9.74M
2022: €9.80M
2023: €9.87M
2021 → 2024
Net result
€-110k
2023 · €62k
2021: €8.86M
2022: €60k
2023: €62k
2021 → 2024
Total assets
€13.94M=
2023 · €13.94M
2021: €12.70M
2022: €12.18M
2023: €13.94M
2021 → 2024
Solvency
70.0%▼ 0.8pp
2023 · 70.8%
2021: 76.7%
2022: 80.5%
2023: 70.8%
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€9.74M-€9.80M▲ 0.6%€9.87M▲ 0.6%€9.76M▼ 1.1%
Operating result€155k-€170k▲ 9.8%€163k▼ 4.0%€105k▼ 35.8%
Net result€8.86M-€60k▼ 99.3%€62k▲ 3.0%€-110k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 36% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €13.94M
Fixed assets
€13.81M ▼ 0.2%
Current assets
€133k ▲ 30.0%
Equity and liabilities €13.94M
Equity
€9.76M ▼ 1.1%
Debt
€4.19M ▲ 2.8%
Debt's share of the balance-sheet total rises from 29.2% to 30.0%. Equity is lower and debt is higher.
Key figures and ratios
ROE
-1.1%▼
2023 · 0.6%
ROA
-0.8%▼
2023 · 0.4%
Debt ≤ 1 year
€2.54M▲
2023 · €2.42M
Debt > 1 year
€1.56M▼
2023 · €1.63M
Income taxes
€-1k▼
2023 · €15k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 47 lines
Balance sheet
Code20232024
Assets
Total assets20/58€13.94M€13.94M=
Fixed assets21/28€13.84M€13.81M▼
Tangible fixed assets22/27€1.97M€1.92M▼
Land and buildings22€1.61M€1.55M▼
Furniture and vehicles24€341k€349k▲
Other tangible fixed assets26€19k€19k=
Financial fixed assets28€11.87M€11.89M▲
Current assets29/58€102k€133k▲
Amounts receivable within one year40/41€16k€58k▲
Trade receivables40€185€13k▲
Other amounts receivable41€16k€44k▲
Cash at bank and in hand54/58€86k€75k▼
Equity and liabilities
Total equity and liabilities10/49€13.94M€13.94M=
Equity10/15€9.87M€9.76M▼
Contributions10/11€439k€439k=
Reserves13€34k€34k=
Distributable reserves133€34k€34k=
Profit (loss) carried forward14€9.39M€9.28M▼
Amounts payable17/49€4.08M€4.19M▲
Amounts payable after more than one year17€1.63M€1.56M▼
Financial debts170/4€998k€944k▼
Other amounts payable178/9€629k€614k▼
Amounts payable within one year42/48€2.42M€2.54M▲
Current portion of amounts payable after more than one year42€106k€59k▼
Financial debts43€8k€13k▲
Credit institutions430/8€8k€13k▲
Trade debts44€20k€42k▲
Suppliers440/4€20k€42k▲
Taxes, remuneration and social security45€13k€43k▲
Taxes450/3€13k€43k▲
Other amounts payable47/48€2.27M€2.38M▲
Accrued charges and deferred income492/3€33k€94k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€120k▲
Other operating charges640/8€2k€11k▲
Non-recurring operating charges66A€7k€6k▼
Gross operating margin9900€204k€242k▲
Operating profit (loss)9901€163k€105k▼
Financial income75/76B€3€257▲
Recurring financial income75€3€257▲
Financial charges65/66B€86k€216k▲
Recurring financial charges65€86k€216k▲
Profit (loss) for the period before taxes9903€77k€-111k▼
Income taxes67/77€15k€-1k▼
Profit (loss) for the period9904€62k€-110k▼
Profit (loss) for the period to be appropriated9905€62k€-110k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9.39M€9.28M▼
Profit (loss) brought forward from the previous period14P€9.33M€9.39M▲
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-110k ▼277%
Net result drops to €-110k, the lowest in the series.
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 11 days late
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Hasselt · 1 establishment unit since 2020
Ground area
2,078 m²
Building footprint
1,021 m²
Volume, LiDAR
24,957 m³
Parcel 71327G0288/00Z000, Flanders · tallest building 29.1 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
GREVIC
since 20202.298.105.687
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71327G0288/00Z000 | Flanders | 2,078 m² | 1 · 1,021 m² | 29.1 m · 8 fl. |
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.
Similar companies · same sector, comparable size
Frabe Invest
BE 0670.947.119
Oud-Turnhout · Eq €9,757,172
DELISIA
BE 0541.865.952
Herentals · Eq €9,764,292
ARISTEA
BE 0460.156.518
Brussel · Eq €9,764,367
Depide
BE 0694.894.736
Kortrijk · Eq €9,745,911
VALIPAR
BE 0879.042.506
Bree · Eq €9,775,854
Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 6,097 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-01-2020
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.