GREWI
ActiveGREWI has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €13.42M and a net result of €3.29M. Equity is growing by ~13.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 8072 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
100
/ 100
Excellent▲ +6 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+23
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
balance sheet total too small for a liquidity verdict, and 0.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 70
Relative position
BE, all sectors
reference
Sector 70
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 2024Solvency, return and age of the figures
Solvency
99.8%
Return on assets
24.5%
Age of the figures
20 mo
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 03-07-2025, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d early
2023
25 d early
2022
11 d early
2021
24 d early
2020
38 d early
2019
23 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Turnover
€428k▲ 36.2%
2023 · €314k
2021: €867k
2022: €1.43M
2023: €314k
2021 → 2024
EBIT margin
682.5%▲ 667.3pp
2023 · 15.2%
2021: 67.6%
2022: 104.1%
2023: 15.2%
2021 → 2024
Net result
€3.29M▲ 450%
2023 · €599k
2018: €442k
2019: €2.36M
2020: €570k
2021: €435k
2022: €1.11M
2023: €599k
2018 → 2024
Working capital
€10.11M▲ 74.4%
2023 · €5.80M
2018: €735k
2019: €2.91M
2020: €3.64M
2021: €3.51M
2022: €5.07M
2023: €5.80M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€867k€1.43M▲ 64.5%€314k▼ 78.0%€428k▲ 36.2%
Equity€7.98M-€8.42M▲ 5.4%€9.53M▲ 13.2%€10.13M▲ 6.3%€13.42M▲ 32.5%
Operating result€762k-€586k▼ 23.2%€1.48M▲ 153%€48k▼ 96.8%€2.92M▲ 6,023%
Net result€570k-€435k▼ 23.7%€1.11M▲ 157%€599k▼ 46.3%€3.29M▲ 450%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 6,023% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €13.45M
Fixed assets
€3.31M▼ 23.6%
Current assets
€10.14M▲ 74.4%
Equity and liabilities €13.45M
Equity
€13.42M▲ 32.5%
Debt
€27k▲ 49.2%
The debt ratio stays at 0.2%.
Key figures and ratios
EBITDA
€3.03M▲
2023 · €170k
Cash flow
€3.40M▲
2023 · €721k
Solvency
99.8%=
2023 · 99.8%
Debt / equity
0.00▲
2023 · 0.00
ROE
24.5%▲
2023 · 5.9%
ROA
24.5%▲
2023 · 5.9%
Interest coverage
17761.31▲
2023 · 1460.01
Debt
€27k▲
2023 · €18k
Debt ≤ 1 year
€26k▲
2023 · €16k
Income taxes
€105k▲
2023 · €31k
A ratio outside any meaningful range has been withheld (balance sheet total €13.45M, equity €13.42M).
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€10.15M€13.45M▲
Fixed assets21/28€4.34M€3.31M▼
Tangible fixed assets22/27€3.41M€3.31M▼
Land and buildings22€3.39M€3.29M▼
Furniture and vehicles24€16k€20k▲
Financial fixed assets28€930k-
Current assets29/58€5.81M€10.14M▲
Amounts receivable after more than one year29€1.94M€7.08M▲
Other amounts receivable291€1.94M€7.08M▲
Amounts receivable within one year40/41€47k€557k▲
Other amounts receivable41€47k€557k▲
Current investments50/53€1.01M€2.35M▲
Cash at bank and in hand54/58€2.79M€131k▼
Deferred charges and accrued income490/1€25k€22k▼
Equity and liabilities
Total equity and liabilities10/49€10.15M€13.45M▲
Equity10/15€10.13M€13.42M▲
Contributions10/11€124k€124k=
Capital10€124k€124k=
Issued capital100€124k€124k=
Reserves13€10.01M€13.30M▲
Non-distributable reserves130/1€12k€12k=
Legal reserve130€12k€12k=
Distributable reserves133€9.99M€13.29M▲
Amounts payable17/49€18k€27k▲
Amounts payable within one year42/48€16k€26k▲
Trade debts44€99€258▲
Suppliers440/4€99€258▲
Taxes, remuneration and social security45€8k€18k▲
Taxes450/3€8k€18k▲
Other amounts payable47/48€8k€8k=
Accrued charges and deferred income492/3€2k€950▼
Income statement
Code20232024
Turnover70€314k€428k▲
Non-recurring operating income76A-€2.70M
Goods, raw materials, services and sundry goods60/61€124k€82k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€123k€110k▼
Other operating charges640/8€20k€19k▼
Gross operating margin9900€190k€3.05M▲
Operating profit (loss)9901€48k€2.92M▲
Financial income75/76B€582k€478k▼
Recurring financial income75€582k€478k▼
Financial charges65/66B€117€171▲
Recurring financial charges65€117€171▲
Profit (loss) for the period before taxes9903€630k€3.40M▲
Income taxes67/77€31k€105k▲
Profit (loss) for the period9904€599k€3.29M▲
Profit (loss) for the period to be appropriated9905€599k€3.29M▲
Appropriation of the result
Profit (loss) to be appropriated9906€599k€3.29M▲
Transfer to equity691/2€599k€3.29M▲
To other reserves6921€599k€3.29M▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €3.29M ▲450%
Operating result €2.92M, net result €3.29M, both a record.
06-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity quadruplescurrent ratio 357.35
Current ratio from 81.25 to 357.35; short-term debt falls from €63k to €16k.
31-12
Financial
Equity above €10MEq €10.13M ▲6.3%
6 profitable years in a row build equity to €10.13M.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €435k ▼23.7%
Net result drops to €435k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 9current ratio 121.16
Current ratio from 13.11 to 121.16; short-term debt falls from €301k to €29k.
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Liquidity times 6current ratio 125.84
Current ratio from 22.19 to 125.84; short-term debt falls from €35k to €23k.
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 9 days late
2016
24-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Pelt · 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.
Ursulinenstraat 203900 PeltGround area
238 m²
Building footprint
161 m²
Volume, LiDAR
1,072 m³
Parcel 72029B0041/00R000, Flanders · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Ursulinenstraat 20, 3900 Pelt
since 19962.076.457.422
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72029B0041/00R000 | Flanders | 238 m² | 1 · 161 m² | 11.1 m · 3 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.
Recognitions · licences · registrations
Legal Entity Identifier
6488FXO66DN890U8U895
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Of 82,218 companies in sector 70200 we hold annual accounts for 52,396. 5,482 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded22-03-1996
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.