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GRIETENS CONCEPT

Active
Public limited companyfounded 1991active for 35 yearsBrusselsesteenweg 46, 3020 Herent, BelgiumKBO/BCE: BE 0443.860.815
Summary

GRIETENS CONCEPT has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €770,852 and a net result of €245,741. Equity is growing by about 5.3% per year across the filed financial years. Its solvency ranks better than 34% of 280 sector peers (NACE 47, financial year 2026). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Retail sale of household furniture
NACE 47551
1 site
Size
€3.6mtotal assets 2026
Staff
11.9 FTE
Equity
€770,852
Profit
€245,741
Net result +75%: other schema
Financial health
86 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Accounts filed 23 days late0 of 9 deeds read
Why 86raises riskEquity €770,852 (21.4% of total assets)Sector: Retail trade (NACE 47)lowers riskFigures for financial year 2026 (filed 23-09-2026)Profit of €245,741 (financial year 2026)Show the evidence

Checked score

Score 2026
86 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 60% of its sector peers (NACE 47, small)
Financial strength · tick = 2025
Average
Solvency 46+3
equity 21.4% of total assets
Liquidity 40-1
short-term debt 40.6% · cash 7.0%
Profitability 77+3
return on assets 6.8%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (3,690 companies, NACE 47, small)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.9%▲ +0.1 percentage points vs 03-2025 05-2025: 0.9%● unchanged vs 04-2025 06-2025: 1.0%▲ +0.1 percentage points vs 05-2025 07-2025: 1.0%● unchanged vs 06-2025 08-2025: 1.3%▲ +0.3 percentage points vs 07-2025 09-2025: 1.9%▲ +0.6 percentage points vs 08-2025highest value 10-2025: 0.7%▼ -1.2 percentage points vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.6%▼ -0.1 percentage points vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.7%▲ +0.1 percentage points vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.8%▲ +0.1 percentage points vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 0.9%▲ +0.1 percentage points vs 07-2026 09-2026: 1.6%▲ +0.7 percentage points vs 08-2026 10-2026: 0.3%▼ -1.3 percentage points vs 09-2026lowest value
Credit of up to €65,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.03, compared with 0.96 in 2025; short-term debt: 40.6% and cash: 7% of total assets), and 78.6% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 47, small): better than 38% on solvency, 44% on liquidity, 73% on profitability and 85% on growth.

The bankruptcy probability was computed on 09-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Equity €770,852 (21.4% of total assets)
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
lowers risk · Figures for financial year 2026 (filed 23-09-2026)
NBB · annual accounts
lowers risk · Profit of €245,741 (financial year 2026)
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 23-09-2026, 23 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2026
23 days late
2025
19 days late
2024
30 days late
2023
39 days late
2022
37 days late
2021
57 days late
2020
24 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 33 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-01-2027 and is due by 31-08-2027. Nothing is late today. The company usually files around 1 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
10-10-2026 today31-01-2027 year end31-08-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2026 · full…
  2. Highest result from 2019 to 2026net €245,741 ▲74.8%
  3. Annual accounts filedfinancial year 2025 · abbreviated…

Key points

  • Positive: Result rose in 2026different schema filed ▲ 74.8% View
  • Positive: 8 profitable years in a rowprofit 2026: €245,741 8 years View
  • Active since 1991founded 02-04-1991 35 years View

By topic

Financials

Financial year
2026
Total assets
€3.6m
Profit
€245,741
Solvency
21.4%
Total assets▲ 6.4%
Net result
20192026
Go to Financials

Timeline

Events
37
Since
1994
Next accounts
by 31-08-2027
  1. 30-09-2024Annual accounts filed
  2. 09-10-2023Annual accounts filed
  3. 07-10-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Retail sale of household furnitureNACE 47551
Founded
02-04-1991
Year ends
31-01
Peppol
Reachable for e-invoices
Go to Company details

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