GRH
ActiveThe computed 12-month bankruptcy probability of GRH is 4.1% (elevated). The 2024 annual accounts show equity of €11k and a net result of €10k. Its solvency ranks better than 19% of 6537 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability77▲+77
Solvency32▼-33
Growth78
Track record94
Bankruptcy probability, 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity ample (current ratio 1.88; short-term debt: 38.4% and cash: 14.5% of total assets), but 93% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
7%
Return on assets
6.4%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 6537 sector peers (2024).
NBB · sector comparisonPosition among 6537 sector peers
Solvency
better than 19%
← weakest
strongest →
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 31-07-2025, 0 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€10k
2023 · €-2k
2023: €-2k
2023 → 2024
Working capital
€53k▲ 21,583%
2023 · €247
2023: €247
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€915-€11k▲ 1,113%
Operating result€-1k-€13k
Net result€-2k-€10k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €13k after a loss of €1k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €158k
Fixed assets
€44k
Current assets
€114k
Equity and liabilities €159k
Equity
€11k▲ 1,113%
Debt
€148k▲ 10,439%
The debt ratio rises from 60.5% to 93.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€15k
Cash flow
€13k
Solvency
7.0%
Current ratio
1.88
Quick ratio
1.40
Debt / equity
13.30
ROE
91.8%
ROA
6.4%
Interest coverage
65.41
Debt
€148k▲
2023 · €1k
Debt ≤ 1 year
€61k▲
2023 · €1k
Income taxes
€3k
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€2k€159k▲
Formation expenses20€668€475▼
Fixed assets21/28-€44k
Intangible fixed assets21-€44k
Current assets29/58€2k€114k▲
Stocks and contracts in progress3-€29k
Stocks30/36-€29k
Amounts receivable within one year40/41€656€62k▲
Trade receivables40-€28k
Other amounts receivable41€656€34k▲
Cash at bank and in hand54/58€991€23k▲
Equity and liabilities
Total equity and liabilities10/49€2k€159k▲
Equity10/15€915€11k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€-2k€9k▲
Amounts payable17/49€1k€148k▲
Amounts payable within one year42/48€1k€61k▲
Trade debts44-€30k
Suppliers440/4-€30k
Taxes, remuneration and social security45-€10k
Taxes450/3-€10k
Other amounts payable47/48€1k€21k▲
Accrued charges and deferred income492/3-€87k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€3k
Other operating charges640/8-€38
Gross operating margin9900€-1k€15k▲
Operating profit (loss)9901€-1k€13k▲
Financial income75/76B€22€1k▲
Recurring financial income75€22€1k▲
Financial charges65/66B€188€235▲
Recurring financial charges65€188€235▲
Profit (loss) for the period before taxes9903€-2k€14k▲
Income taxes67/77-€3k
Profit (loss) for the period9904€-2k€10k▲
Profit (loss) for the period to be appropriated9905€-2k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€9k▲
Profit (loss) brought forward from the previous period14P-€-2k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Brussel
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.
Reper-Vrevenstraat 1411020 BrusselGround area
411 m²
Building footprint
191 m²
Volume, LiDAR
978 m³
Parcel 21816C0001/00Y011, Brussels · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21816C0001/00Y011 | Brussels | 411 m² | 1 · 191 m² | 10.6 m · 2 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
MECANOSPORT
BE 0752.598.551
Anderlecht · Eq €11k
ONE EXTRADE
BE 0771.694.188
Mouscron · Eq €11k
Speedycars
BE 1006.188.027
Zoutleeuw · Eq €11k
G CARS QUIEVRAIN
BE 1013.107.788
Quiévrain · Eq €11k
LP AUTOMOBILE
BE 1008.314.505
La Louvière · Eq €11k
Of 10,672 companies in sector 47811 we hold annual accounts for 5,223. 2,187 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-06-2022
Fiscal year end31-12
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.