Checked.be · Company dossierhttps://checked.be/en/c/griemech-0438557091 · as of 17-10-2026
GRIEMECH
Active
General partnership · founded 1989 · active 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).
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
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency100=
equity 80.5% of total assets
Liquidity94-6
short-term debt 19.5% · cash 42.0%
Profitability100=
return on assets 25.3%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
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 months11-2024: 0.1%lowest value12-2024: 0.2%▲ +0.1 percentage points vs 11-202401-2025: 0.4%▲ +0.2 percentage points vs 12-202402-2025: 0.4%● unchanged vs 01-202503-2025: 0.4%● unchanged vs 02-2025highest value04-2025: 0.4%● unchanged vs 03-202505-2025: 0.4%● unchanged vs 04-202506-2025: 0.4%● unchanged vs 05-202507-2025: 0.4%● unchanged vs 06-202508-2025: 0.4%● unchanged vs 07-202509-2025: 0.4%● unchanged vs 08-202510-2025: 0.4%● unchanged vs 09-202511-2025: 0.4%● unchanged vs 10-202512-2025: 0.4%● unchanged vs 11-202501-2026: 0.4%● unchanged vs 12-202502-2026: 0.4%● unchanged vs 01-202603-2026: 0.4%● unchanged vs 02-202604-2026: 0.4%● unchanged vs 03-202605-2026: 0.4%● unchanged vs 04-202606-2026: 0.4%● unchanged vs 05-202607-2026: 0.4%● unchanged vs 06-202608-2026: 0.4%● unchanged vs 07-202609-2026: 0.4%● unchanged vs 08-202610-2026: 0.4%● unchanged vs 09-2026
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.
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
Annual accounts filedfinancial year 2022 · micro…
Highest result from 2018 to 2022net €913 ▲55.7%
Annual accounts filedfinancial year 2021 · micro…
Key points
Risk: Accounts not fileddeadline was 31-07-2024808 days lateView
Positive: Among the best 15% on solvencysector median 37.6% · 14,216 companies80.5%View