Turnover
≈ €190,000 estimated
The micro format states no turnover.
GRG
Lifetime
1 annual account with figurespeak €23,670 (2025)
€23,670
peak €18,176 (2025)
€18,176
peak €20,676 (2025)
€20,676
€2,883
Board1 name since 2025
1 director
Documentsfilings and deeds
04-06-202657 days before the deadline
2025micro format
Incorporation 07-011 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsStarting capital
€2,500 100 shares
Position in the sector
87.8%
Higher solvency than 91% of companies in specialised construction. Sector median 46.7% · 35,156 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 11,279 companies had the same profile as GRG has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
Test of the method
The method was tested on the 497,448 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 11,279 companies, not a prediction for GRG. 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1018212265
Incorporation
Founding capital of €2,500, 100 shares · Founder: · Appointment: (director) · published on 07-01-2025 · Gazette deed
First establishment
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GRG | €23,559 | €23,670 | 87.8% | - |
| Elektriciteitswerken De Vadder Thomas Buggenhout | €22,664 | €22,692 | 79.3% | - |
| SGR GROUP Lokeren | €25,477 | €23,655 | 55.6% | - |
| RR INSTAL SYSTEM Jette | €24,471 | €22,225 | 70.0% | - |
| Raphane Ghent | €26,456 | €24,464 | 75.1% | - |
| HAKO Maldegem | €24,995 | €23,357 | 49.8% | - |
| A&L RENOVATIONS Grimbergen | €21,110 | €21,880 | 71.1% | - |
These companies have the same main activity as GRG: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €21,100 and €26,500, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 03-01-2025Normal situation
- Legal form
- Private limited company
- Activity
- General electrical installation workNACE 43211
- Establishment unit
- 2.368.563.915since 03-01-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 28-09-2025
Annual accounts 2025
- €23,559
- Filing
- Filed on 04-06-2026, 57 days before the end of the filing period
Insights on GRG
GRG has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20,676 and a net result of €18,176.
Its solvency ranks better than 92% of 35,156 sector peers (NACE 43, financial year 2025).
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 GRG
- What is the company number of GRG?
- The company number of GRG is 1018.212.265. The VAT number is the same number with BE in front: BE 1018.212.265.
- What does GRG do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of GRG?
- GRG is a private limited company (BV).
- When was GRG founded?
- GRG was founded on 03-01-2025.
- Is GRG still active?
- Yes, GRG is an active enterprise in the KBO register.Company details
- What is the turnover of GRG?
- The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €23,670 and 97 comparable companies (NACE 43211). It probably lies between €130,000 and €410,000. It is a rough estimate.Financials
- Is GRG profitable?
- In financial year 2025, GRG made a profit of €18,176.
- Where can I find the annual accounts of GRG?
- GRG filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
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