Grif Construct
BankruptcySummary
The KBO register records for Grif Construct the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2023 annual accounts show equity of €51,168 and a net result of €20,190.
Are you a creditor?
Open bankruptcy
Source: KBO register
The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.
The procedure
The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
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General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-08-2024, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
30 d late
2022
32 d late
2021
26 d late
2020
32 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 30 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Equity
€51,168▲ 65.2%
2022 · €30,978
Total assets
€261,593▲ 118%
2022 · €120,234
Net result
€20,190▲ 242%
2022 · €5,908
Working capital
€48,068▲ 89.4%
2022 · €25,385
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2020202120222023
Operating result€4,705-€26,261▲ 458%€7,896▼ 69.9%€26,832▲ 240%
Net result€3,372-€19,198▲ 469%€5,908▼ 69.2%€20,190▲ 242%
Equity€5,872-€25,071▲ 327%€30,978▲ 23.6%€51,168▲ 65.2%
Total assets€12,949-€48,306▲ 273%€120,234▲ 149%€261,593▲ 118%
Debt€7,077-€23,235▲ 228%€89,256▲ 284%€210,425▲ 136%
Working capital€2,872-€15,484▲ 439%€25,385▲ 63.9%€48,068▲ 89.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2023; 2023 is 240% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €261,593
Fixed assets
€3,100 ▼ 44.6%
Current assets
€258,492 ▲ 125%
Equity and liabilities €261,593
Equity
€51,168 ▲ 65.2%
Debt
€210,425 ▲ 136%
Debt's share of the balance-sheet total rises from 74.2% to 80.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€29,325▲
2022 · €10,389
Cash flow
€22,683▲
2022 · €8,401
Current ratio
1.23▼
2022 · 1.28
Debt to equity
4.11▲
2022 · 2.88
ROE
39.5%▲
2022 · 19.1%
ROA
7.7%▲
2022 · 4.9%
Interest coverage
275.07▲
2022 · 265.02
Debt ≤ 1 year
€210,425▲
2022 · €89,256
Income taxes
€6,537▲
2022 · €1,949
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,500 | €2,546 | €2,493 | €2,493 | = |
| Other operating charges640/8 | - | €1,973 | €2,618 | €1,579 | ▼ 39.7% |
| Gross operating margin9900 | €6,971 | €30,780 | €13,007 | €30,904 | ▲ 138% |
| Operating profit (loss)9901 | €4,705 | €26,261 | €7,896 | €26,832 | ▲ 240% |
| Financial income75/76B | - | - | - | €2 | - |
| Recurring financial income75 | - | - | - | €2 | - |
| Financial charges65/66B | - | €45 | €39 | €107 | ▲ 172% |
| Recurring financial charges65 | €83 | €45 | €39 | €107 | ▲ 172% |
| Profit (loss) for the period before taxes9903 | €4,622 | €26,216 | €7,856 | €26,727 | ▲ 240% |
| Income taxes67/77 | €1,250 | €7,018 | €1,949 | €6,537 | ▲ 236% |
| Profit (loss) for the period9904 | €3,372 | €19,198 | €5,908 | €20,190 | ▲ 242% |
| Profit (loss) for the period to be appropriated9905 | €3,372 | €19,198 | €5,908 | €20,190 | ▲ 242% |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €12,949 | €48,306 | €120,234 | €261,593 | ▲ 118% |
| Fixed assets21/28 | €3,000 | €9,587 | €5,593 | €3,100 | ▼ 44.6% |
| Tangible fixed assets22/27 | €3,000 | €9,587 | €5,593 | €3,100 | ▼ 44.6% |
| Furniture and vehicles24 | - | €9,587 | €5,593 | €3,100 | ▼ 44.6% |
| Current assets29/58 | €9,949 | €38,719 | €114,641 | €258,492 | ▲ 125% |
| Amounts receivable within one year40/41 | €8,966 | €23,888 | €98,433 | €243,395 | ▲ 147% |
| Trade receivables40 | - | €21,304 | €95,313 | €241,837 | ▲ 154% |
| Other amounts receivable41 | - | €2,584 | €3,120 | €1,558 | ▼ 50.1% |
| Cash at bank and in hand54/58 | €983 | €14,216 | €15,389 | €14,470 | ▼ 6.0% |
| Deferred charges and accrued income490/1 | - | €615 | €818 | €627 | ▼ 23.3% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €12,949 | €48,306 | €120,234 | €261,593 | ▲ 118% |
| Equity10/15 | €5,872 | €25,071 | €30,978 | €51,168 | ▲ 65.2% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Capital10 | - | €2,500 | €2,500 | €2,500 | = |
| Issued capital100 | - | €2,500 | €2,500 | €2,500 | = |
| Reserves13 | €250 | €250 | €250 | €250 | = |
| Non-distributable reserves130/1 | - | €250 | €250 | €250 | = |
| Legal reserve130 | - | €250 | €250 | €250 | = |
| Profit (loss) carried forward14 | €3,122 | €22,321 | €28,228 | €48,418 | ▲ 71.5% |
| Amounts payable17/49 | €7,077 | €23,235 | €89,256 | €210,425 | ▲ 136% |
| Amounts payable within one year42/48 | €7,077 | €23,235 | €89,256 | €210,425 | ▲ 136% |
| Trade debts44 | €638 | €4,635 | €55,960 | €178,956 | ▲ 220% |
| Suppliers440/4 | - | €4,635 | €55,960 | €178,956 | ▲ 220% |
| Advances received on contracts in progress46 | - | €4,732 | €11,908 | - | - |
| Taxes, remuneration and social security45 | - | €11,983 | €14,108 | €29,311 | ▲ 108% |
| Taxes450/3 | - | €8,927 | €10,652 | €14,385 | ▲ 35.0% |
| Remuneration and social security454/9 | - | €3,056 | €3,456 | €14,926 | ▲ 332% |
| Other amounts payable47/48 | - | €1,885 | €7,280 | €2,158 | ▼ 70.4% |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,372 | €19,198 | €5,908 | €20,190 | ▲ 242% |
| + Depreciation and write-downs630 | €1,500 | €2,546 | €2,493 | €2,493 | = |
| Operating cash flow (approximation) | €4,872 | €21,744 | €8,401 | €22,683 | ▲ 170% |
| Investment in fixed assets (approximation) | - | -€9,132 | €1,500 | €0 | ▼ 100% |
| Change in cash | - | €13,233 | €1,173 | -€919 | ▼ 178% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
18-11
KBO administration
Address struck
Eenenboomlaan 22 Die Sitzadresse Eenenboomlaan 22 1932
Zaventem · event 10-09-2025
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2020net €20,190 ▲242%
Operating result €26,832, net result €20,190, both a record.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
01-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 32 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are 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, Sint-Pieters-Leeuw · 1 establishment unit since 2019
Ground area
1,973 m²
Building footprint
6,379 m²
Volume, LiDAR
33,799 m³
2 parcels, Flanders · tallest building 14.4 m, ±3 floors. Linked by address, not a title deed.
84
companies at this address
See who is registered here
1 establishment unit
Grif Construct
since 20192.295.716.816
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23069A0395/00A002 | Flanders | 1,540 m² | 1 · 6,251 m² | 14.4 m · 2 fl. |
| 23078B0292/00X000 | Flanders | 433 m² | 1 · 127 m² | 12.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded13-11-2019
Fiscal year end31-12
Contact
E-mail
grif.construct@gmail.com
Phone
0471/139603
Scores and ratios are computed by Checked and are not a credit decision.