Equity
-€8,206
Debts exceed assets in financial year 2025.
GREYSTONE DEVELOPMENT
Lifetime
2 annual accounts with figures on one time axispeak -€4,945 (2024)
-€5,529▼ €584
lowest -€7,606 (2025)
-€7,606▼ €2,006
peak -€600 (2024)
-€8,206▼ €7,606
€18,040▲ 894%
peak 0 FTE (2024)
0 FTE
Board1 name since 2023
1 directorGREGORY LOSSON CONSULT
Documentsfilings and deeds
18-08-202618 days late
2025abbreviated format
Loss of €7,606Equity from -€600 to -€8,206Debts from €1,815 to €18,040Cash from €1,215 to €6,147
Key points
from the 2025 annual accountsLosses
-€13,206 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Debts
€18,040 183% of the balance sheet
Starting capital
€5,000 100 shares
At the same address
171 companies
Position in the sector
-83.4%
Lower solvency than 95% of companies in real estate. Sector median 30.7% · 11,297 companies.
2025 accounts filed 18 days after the deadline
Checked score
53
Fair
Financially stronger than 15% of micro companies in real estate (NACE 68)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.7%
01-2025: 0.8%▲ +0.1 percentage points vs 12-2024
02-2025: 0.8%● unchanged vs 01-2025
03-2025: 0.9%▲ +0.1 percentage points vs 02-2025
04-2025: 0.9%● unchanged vs 03-2025
05-2025: 1.0%▲ +0.1 percentage points vs 04-2025
06-2025: 1.0%● unchanged vs 05-2025
07-2025: 1.0%● unchanged vs 06-2025
08-2025: 1.0%● unchanged vs 07-2025
09-2025: 1.1%▲ +0.1 percentage points vs 08-2025
10-2025: 1.1%● unchanged vs 09-2025
11-2025: 1.2%▲ +0.1 percentage points vs 10-2025
12-2025: 1.2%● unchanged vs 11-2025
01-2026: 1.2%● unchanged vs 12-2025
02-2026: 1.2%● unchanged vs 01-2026
03-2026: 1.2%● unchanged vs 02-2026
04-2026: 1.2%● unchanged vs 03-2026
05-2026: 1.2%● unchanged vs 04-2026
06-2026: 1.2%● unchanged vs 05-2026
07-2026: 1.2%● unchanged vs 06-2026
08-2026: 1.6%▲ +0.4 percentage points vs 07-2026highest value
09-2026: 0.6%▼ -1.0 percentage point vs 08-2026lowest value
10-2026: 0.6%● unchanged vs 09-2026lowest value
11-2026: 0.6%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€8,206
lowers risk
Sector: Real estate activities (NACE 68)
Size: total assets €9,834
Liquidity: current ratio 0.55, cash €6,147
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 5% of them on solvency, 49% on liquidity, 4% on profitability and 1% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 7,639 companies had the same profile as GREYSTONE DEVELOPMENT has now. Each dot stands for 20 companies, two years later.
84.7%
were still trading
5.6%
stopped another way
8.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of GREYSTONE DEVELOPMENT itself is lower: 0.6% within 12 months. It rests on far more data about GREYSTONE DEVELOPMENT than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,639 companies, not a prediction for GREYSTONE DEVELOPMENT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.55, below 1. Short-term debt is 183.4% and cash 62.5% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2425
2024 to 2025 · latest year -€8,206
raises risk · 2025 accounts filed 18 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
18 days late
2024
68 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 43 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1000625373
Incorporation
Founding capital of €5,000, 100 shares · Founder: LOSSON Grégory (comparant constituant) · Appointment: GREGORY LOSSON CONSULT (director) · published on 04-10-2023 · Gazette deed
First establishment
Terhulpsesteenweg 185, Watermael-Boitsfort
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GREYSTONE DEVELOPMENT Watermael-Boitsfort | €9,834 | -€5,529 | -83.4% | 0 |
| B.R.S.I.Invest Molenbeek-Saint-Jean | €9,865 | -€2,670 | 22.1% | - |
| CD INVESTMENT Ninove | €10,295 | -€849 | 74.2% | - |
| IDE-ART Walcourt | €11,038 | €922 | 21.3% | - |
| LSHOMES Leuven | €8,754 | -€17,292 | 7.6% | - |
| GT LIVING Arlon | €7,415 | -€5,047 | 41.1% | - |
| COLLABIMMO Châtelet | €13,376 | -€35,106 | -352.2% | - |
These companies have the same main activity as GREYSTONE DEVELOPMENT: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €7,420 and €13,400, founded between 2022 and 2024.
Official details
Source: KBO- Status
- Active since 02-10-2023Normal situation
- Registered office
- 172 active companies are registered at this address9 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Buying and selling of own real estateNACE 68110
- Establishment unit
- 2.351.541.1081170 Watermael-Boitsfort, since 02-10-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 13-11-2025
Insights on GREYSTONE DEVELOPMENT
GREYSTONE DEVELOPMENT has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€8,206) and a net result of -€7,606.
Its solvency ranks better than 5% of 11,297 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GREYSTONE DEVELOPMENT
- What is the company number of GREYSTONE DEVELOPMENT?
- The company number of GREYSTONE DEVELOPMENT is 1000.625.373. The VAT number is the same number with BE in front: BE 1000.625.373.
- Where is GREYSTONE DEVELOPMENT based?
- The registered office is at Terhulpsesteenweg 185, 1170 Watermael-Boitsfort.Company details
- What does GREYSTONE DEVELOPMENT do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of GREYSTONE DEVELOPMENT?
- GREYSTONE DEVELOPMENT is a private limited company (BV).
- When was GREYSTONE DEVELOPMENT founded?
- GREYSTONE DEVELOPMENT was founded on 02-10-2023.
- Is GREYSTONE DEVELOPMENT still active?
- Yes, GREYSTONE DEVELOPMENT is an active enterprise in the KBO register.
- What is the turnover of GREYSTONE DEVELOPMENT?
- The annual accounts for financial year 2025 state no turnover.Financials
- Is GREYSTONE DEVELOPMENT profitable?
- In financial year 2025, GREYSTONE DEVELOPMENT made a loss of €7,606.
- Where can I find the annual accounts of GREYSTONE DEVELOPMENT?
- GREYSTONE DEVELOPMENT filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GREYSTONE DEVELOPMENT due?
- GREYSTONE DEVELOPMENT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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