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GRIEMECH

Active
General partnershipfounded 1989active for 36 yearsKoningin Elisabethlei 20, 2300 Turnhout, BelgiumKBO/BCE: BE 0438.557.091
Summary

For GRIEMECH, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €2,906 and a net result of €913. Equity is shrinking by about 9.9% per year across the filed financial years. Its solvency ranks better than 86% of 14,216 sector peers (NACE 46, financial year 2022). The company has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Agents specialised in the wholesale of other particular products
NACE 46180
1 site
Size
€3,610total assets 2022
Equity
€2,906
Profit
€913
Turnover not published (micro format)
Financial health
Bankruptcy probabilitywithin 12 months
0.4%
2022 figures too old to score
Structure
Accounts 808 days overdue0 of 1 deed read
Signalsraises riskFigures for financial year 2022 (filed 24-07-2023)Size: total assets €3,610Two or more financial years not filedlowers riskLiquidity: current ratio 3.14, cash €1,518Founded in 1989neutralLatest accounts filed on timeShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Financial strength, FY 2022 · tick = 2021
Strong
Solvency 100=
equity 80.5% of total assets
Liquidity 94-6
short-term debt 19.5% · cash 42.0%
Profitability 100=
return on assets 25.3%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,872 companies, NACE 46, micro)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.2%▲ +0.1 percentage points vs 11-2024 01-2025: 0.4%▲ +0.2 percentage points vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025highest value 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026
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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2022 (filed 24-07-2023)
NBB · annual accounts
lowers risk · Liquidity: current ratio 3.14, cash €1,518
NBB · annual accounts
raises risk · Size: total assets €3,610
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1989
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2023 year end31-07-2024 deadline17-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 24-07-2023, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
7 days early
2021
9 days late
2020
12 days late
2019
45 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 8 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2022 · micro…
  2. Highest result from 2018 to 2022net €913 ▲55.7%
  3. Annual accounts filedfinancial year 2021 · micro…

Key points

  • Risk: Accounts not fileddeadline was 31-07-2024 808 days late View
  • Positive: Among the best 15% on solvencysector median 37.6% · 14,216 companies 80.5% View
  • Active since 1989founded 21-10-1989 36 years View

By topic

Financials

Financial year
2022
Total assets
€3,610
Profit
€913
Solvency
80.5%
Total assets▲ 81.1%
Net result
20182022
Go to Financials

Timeline

Events
36
Since
1991
  1. 31-12-2021Back to profit
  2. 12-08-2021Annual accounts filed
  3. 31-12-2020Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
General partnership
Activity
Agents specialised in the wholesale of other particular…NACE 46180
Founded
21-10-1989
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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