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Generated 12-07-2026
Active BE 0802.533.161Private limited company

Grezo Constructions

Potaarde 115 ·1850 Grimbergen, Belgium· 3 yrs active
Sector: Construction of buildings (41001)
Conclusion Checked

The computed 12-month bankruptcy probability of Grezo Constructions is 2.6% (moderate). The 2024 annual accounts show equity of €36k and a net result of €34k. Its solvency ranks better than 31% of 3809 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €36k
Net result €34k
Better than sector 31%
Active 3 yrs
Snowflake analysis 5 axes · computed by Checked
Health68Profitability100Solvency33Growth50Stability79
66 / 100

Strong profile, led by profitability.

Health 68
Profitability 100
Solvency 33
Growth 50
Stability 79
Bankruptcy probability (12 mo) Checked model v1 · free
2.6% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
68 / 100 Healthy
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview1 NBB filings
Annual accounts filed on 06-08-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 41, Construction of buildings · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 22.5% 39.4%
better than 31% of 3809 sector peers
Net result €34k €10k
better than 81% of 3806 sector peers
Equity €36k €29k
better than 57% of 3814 sector peers
Gross operating margin €56k €26k
better than 72% of 3804 sector peers
Total assets €159k €85k
better than 72% of 3810 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Revenue-
EBITDA€53k
Net profit€34k
Cash flow€42k
Staff costs-
Income taxes€8k
Dividends-
Total assets€159k
Equity€36k
Debt€123k
of which ≤ 1y€123k
of which > 1y-
Working capital€8k
Employees (FTE)-
Ratios (computed)
2024
Current ratio1.06
Quick ratio1.06
Working capital ratio5.0%
Solvency22.5%
Debt / equity3.44
Long-term debt ratio-
Interest coverage26.85
Gross margin-
Net margin-
ROA21.3%
ROE94.4%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€159k
Fixed assets 21/28€28k
Tangible fixed assets 22/27€28k
Current assets 29/58€131k
Amounts receivable within one year 40/41€120k
Cash & bank 54/58€10k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€159k
Equity 10/15€36k
Contributions / capital 10/11€2k
Accumulated profits (losses) 14€34k
Amounts payable 17/49€123k
Amounts payable within one year 42/48€123k
Trade debts payable within one year 44€88k
Income statement
Gross operating margin 9900€56k
Operating result 9901€44k
Financial income 75€132
Financial charges 65€2k
Result before taxes 9903€42k
Income taxes 67/77€8k
Net result for the period 9904€34k
Result to be appropriated 9905€34k
Ratios computed by Checked.
Legal Structure
NACE primary Construction of buildings(41001)
Legal form Private limited company(610)
Incorporation08-06-2023
StatusActive
Postal code1850
Establishment units 1 location
Grezo Constructions
Brusselsesteenweg 338A, 1980 ZemstOntwikkeling van residentiële bouwprojecten
since 20232.346.260.942
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23020D0071/00X000 Flanders 3,250 m² 1 · 182 m² 0.6 m
23403G0367/00G000 Flanders 1,437 m² 1 · 131 m² 7.7 m · 2 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 3 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
06-08-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
27-06-2025
State Gazette act Registered-office change
2024
26-08-2024
State Gazette act Registered-office change
H.Thielemans
Belgisch Staatsblad, acts 2 acts
Address history · 2
27-06-2025
Registered-office move
26-08-2024
Registered-office move
All acts · 2 updated 1 year ago
2025
27-06-2025 Registered office moved from Zemst to Grimbergen Registered-office change
  • Brusselsesteenweg 338A, 1980 Zemst → Potaarde 115 te 1850 Grimbergen
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Potaarde 115 te 1850 Grimbergen",
        "city": "Grimbergen",
        "region": "vlaams_gewest",
        "street": "Potaarde",
        "country": "BE",
        "postcode": "1850",
        "box_number": null,
        "street_number": "115",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Brusselsesteenweg 338A, 1980 Zemst",
        "city": "Zemst",
        "region": "vlaams_gewest",
        "street": "Brusselsesteenweg",
        "country": "BE",
        "postcode": "1980",
        "box_number": null,
        "street_number": "338A",
        "locality_suffix": null
      },
      "effective_date": "2025-05-12",
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "immediate",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Brussel",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2025-06-27",
    "filing_date": "2025-06-20",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "bijzondere_algemene_vergadering",
    "date": "2025-05-12",
    "unanimous": null
  },
  "subject_company": {
    "kbo": "0802.533.161",
    "name_full": "GREZO CONSTRUCTIONS",
    "legal_form": "BV",
    "_kbo_filled_from_list": true
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "H.Thielemans",
    "org_rep_person_name": null,
    "person_role_at_subject": "lasthebber"
  },
  "co_filed_documents": [
    "notulen van vergadering"
  ]
}
2024
26-08-2024 Registered office moved from Vilvoorde to Zemst Registered-office change·H.Thielemans
  • Vlierkensstraat 164, 1800 Vilvoorde → Brusselsesteenweg 338A te 1980 Zemst
Notary: H.Thielemans · Brussel
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Brusselsesteenweg 338A te 1980 Zemst",
        "city": "Zemst",
        "region": "vlaams_gewest",
        "street": "Brusselsesteenweg",
        "country": "BE",
        "postcode": "1980",
        "box_number": null,
        "street_number": "338A",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Vlierkensstraat 164, 1800 Vilvoorde",
        "city": "Vilvoorde",
        "region": "vlaams_gewest",
        "street": "Vlierkensstraat",
        "country": "BE",
        "postcode": "1800",
        "box_number": null,
        "street_number": "164",
        "locality_suffix": null
      },
      "effective_date": "2024-07-01",
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "immediate",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": "H.Thielemans",
    "firm_city": null,
    "firm_name": null,
    "office_city": "Brussel",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": null,
    "filing_date": "2024-08-16",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "bijzondere_algemene_vergadering",
    "date": "2024-06-25",
    "unanimous": null
  },
  "subject_company": {
    "kbo": "0802.533.161",
    "name_full": "GREZO CONSTRUCTIONS",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "H.Thielemans",
    "org_rep_person_name": null,
    "person_role_at_subject": "lasthebber"
  },
  "co_filed_documents": [
    "de notulen van vergadering"
  ]
}
Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Algemene bouw van residentiële gebouwen41001Algemene bouw van residentiële gebouwen41201Dakwerkzaamheden43410
Primary activity highlighted.
Names & trade names
Legal nameNL Grezo Constructions
Registered office
Potaarde 115
1850 Grimbergen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative