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Grid Solutions Belgium

Active
Private limited companyfounded 2013active for 12 yearsRue des Ormes 109, 4800 Verviers, BelgiumKBO/BCE: BE 0542.505.162

From the official registers: KBO 13 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Grid Solutions Belgium has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14.7m and a net result of €1.6m. Equity has been growing by about 8.4% per year since 2018. Its solvency ranks better than 30% of 125 sector peers (NACE 27, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
Grid Solutions BelgiumActiveChecked score 95/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 27-11-2013 Normal situation
Legal form
Private limited company
Registered office
Rue des Ormes 109, 4800 Verviers
Activity
Manufacture of electrical equipment NACE 27110and 2 others
Establishment unit
2.224.986.592 4800 Verviers, since 27-11-2013
Financial year end
31 December
Peppol
Reachable since 15-12-2025
Company details

Board and ownership

Board
Auditor
Deloitte Réviseurs d'Entreprises
Shareholders
Board & ownership

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Turnover
€42.0m
▲ 72.3%
Profit
€1.6m
▲ 87.2%
Equity
€14.7m
▲ 12.3%
Total assets
€55.6m
▲ 80.7%
Staff
35 FTE
▲ 2.9%
2025 accounts filed 31 days before the deadline
Filed on 30-06-2026at the National Bank
Financials
Score breakdownraises riskSector: Manufacture of electrical equipment (NACE 27)lowers riskLiquidity: current ratio 2.09, cash €38.7mFounded in 2013Size: turnover €42.0m, 35 FTE, total assets €55.6mShow the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 62% of small companies in electrical equipment (NACE 27)
Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Strong
Solvency 51-17
equity 26.5% of total assets
Liquidity 76+1
short-term debt 47.8% · cash 69.6%
Profitability 60+1
return on assets 2.9%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (92 companies, NACE 27, small)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025highest value 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €1,350,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.09 (2.01 in 2024), above the usual 1.5. Short-term debt is 47.8% and cash 69.6% of total assets. However, 73.5% of the assets are financed with debt and provisions.
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 27, small). It does better than 31% of them on solvency, 92% on liquidity, 43% on profitability and 81% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

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).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 2.09, cash €38.7m
NBB · annual accounts
lowers risk · Founded in 2013
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: turnover €42.0m, 35 FTE, total assets €55.6m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Manufacture of electrical equipment (NACE 27)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 days early
2024
31 days early
2023
33 days early
2022
31 days early
2021
37 days early
2020
39 days early
2019
122 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 11 days before the deadline. In the sector (NACE 27), the median for financial year 2024 was 6 days before the deadline, and 37% 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. The company usually files around 30 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Turnover rose in 2025from €24.4m to €42.0m ▲ 72.3% View
  • Positive: 3rd largest company by total assets in Verviers, Manufacturing sectorin the Checked rankings No. 3 View
  • Positive: 8 profitable years in a rowprofit 2025: €1.6m 8 years View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View

Documents

Annual accounts at the NBB

All 13 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Grid Solutions Belgium

What is the company number of Grid Solutions Belgium?
The company number of Grid Solutions Belgium is 0542.505.162. The VAT number is the same number with BE in front: BE 0542.505.162.
Where is Grid Solutions Belgium based?
The registered office is at Rue des Ormes 109, 4800 Verviers.Company details
What does Grid Solutions Belgium do?
According to the KBO register, the main activity is manufacture of electrical equipment (NACE 27110).
What is the legal form of Grid Solutions Belgium?
The legal form of Grid Solutions Belgium is Private limited company (BV).
When was Grid Solutions Belgium founded?
Grid Solutions Belgium was founded on 27-11-2013.
Is Grid Solutions Belgium still active?
Yes, Grid Solutions Belgium is an active enterprise in the KBO register.
How many employees does Grid Solutions Belgium have?
Grid Solutions Belgium had an average of 35 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Grid Solutions Belgium?
The turnover of Grid Solutions Belgium was €42.0m in financial year 2025, according to the filed annual accounts.
Is Grid Solutions Belgium profitable?
In financial year 2025, Grid Solutions Belgium made a profit of €1.6m.
Where can I find the annual accounts of Grid Solutions Belgium?
Grid Solutions Belgium filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of Grid Solutions Belgium due?
Grid Solutions Belgium must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as Grid Solutions Belgium: manufacture of electrical equipment (NACE 27110). They are comparable in size and age: total assets between €11m and €94m, founded between 1989 and 2021.

CompanyTotal assetsTurnover
Grid Solutions Belgium Verviers€55.6m€42.0m
VESTAS BELGIUM Houthalen-Helchteren€94.1m€128.7m
Pauwels Transformers Mechelen€43.3m€41.2m
DSG Belgium Aartselaar€20.3m€33.5m
JEMA Ottignies-Louvain-la-Neuve€11.2m€15.7m
ETA - COM B Boom€16.1m€16.5m
Rolls-Royce Solutions Liège Grâce-Hollogne€66.7m€47.9m
Full comparison

Next steps

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