GRIFF

Active

Non-profit associationfounded 1926100 yrs activeRue Jean Jaurès(L.L) 195, 7100 La Louvière, BelgiumKBO/BCE: BE 0408.705.837

Summary

GRIFF has been active since 1926 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.3m and a net result of €415,419. Its solvency ranks better than 94% of 728 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Risk analysisWatch Report Compare

GRIFFActiveChecked score 99/100

Risk analysis Report Compare

Activity

Other membership organisations

NACE 94999NACE 91330

#1 company by equity in La Louvière, Other services sector1 site

Size

€2.4mtotal assets 2025

Equity: €2.3m
Profit: €415,419

Financial health

99 Excellent Checked score 2025

Bankruptcy chance 12 m: < 0.1%

Structure

Board: 2 members

Accounts 52 d early1 of 16 deeds read

Why 99+ Legal form Non-profit association+ Liquidity: current ratio 33.21, cash €1.7m+ Sector Activities of membership organisations (NACE 94)+ Size: total assets €2.4mShow the evidence

Checked score

Score 2025

99 / 100

Excellent

Probability in this band: under 0.55%

Better than 92% of its sector peers (NACE 94, small)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength

Strong

Solvency 100

equity 97.6% of total assets

Liquidity 100

short-term debt 2.4% · cash 74.0%

Profitability 91

return on assets 17.7%

Bankruptcy probability, 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 < 0.1% (508 companies)

Last 24 months 11-2024: < 0.1%highest value 12-2024: < 0.1%● 0.0% vs 11-2024highest value 01-2025: < 0.1%● 0.0% vs 12-2024highest value 02-2025: < 0.1%● 0.0% vs 01-2025highest value 03-2025: < 0.1%● 0.0% vs 02-2025highest value 04-2025: < 0.1%● 0.0% vs 03-2025highest value 05-2025: < 0.1%● 0.0% vs 04-2025highest value 06-2025: < 0.1%● 0.0% vs 05-2025highest value 07-2025: < 0.1%● 0.0% vs 06-2025highest value 08-2025: < 0.1%● 0.0% vs 07-2025highest value 09-2025: < 0.1%● 0.0% vs 08-2025highest value 10-2025: < 0.1%● 0.0% vs 09-2025highest value 11-2025: < 0.1%● 0.0% vs 10-2025highest value 12-2025: < 0.1%● 0.0% vs 11-2025highest value 01-2026: < 0.1%● 0.0% vs 12-2025highest value 02-2026: < 0.1%● 0.0% vs 01-2026highest value 03-2026: < 0.1%● 0.0% vs 02-2026highest value 04-2026: < 0.1%● 0.0% vs 03-2026highest value 05-2026: < 0.1%● 0.0% vs 04-2026highest value 06-2026: < 0.1%● 0.0% vs 05-2026highest value 07-2026: < 0.1%▼ -88.9% vs 06-2026lowest value 08-2026: < 0.1%● 0.0% vs 07-2026lowest value 09-2026: < 0.1%● 0.0% vs 08-2026lowest value 10-2026: < 0.1%● 0.0% vs 09-2026lowest value

Legal form Non-profit association lowers the probability
Liquidity: current ratio 33.21, cash €1.7m lowers the probability
Sector Activities of membership organisations (NACE 94) lowers the probability
Size: total assets €2.4m lowers the probability for this profile

Credit up to €220,000 at 30 days acceptable

Liquidity ample (current ratio 33.21; short-term debt: 2.4% and cash: 74% of total assets), and 2.4% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 94, small). Better than this share of them on solvency 85%, liquidity 96%, profitability 95%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk○neutral

Legal form Non-profit association

In the bankruptcy model this factor lowers the probability.

KBO

Liquidity: current ratio 33.21, cash €1.7m

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Sector Activities of membership organisations (NACE 94)

In the bankruptcy model this factor lowers the probability.

KBO

Size: total assets €2.4m

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-06-2026, 52 days ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2025

52 d early

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

09-06-26 Annual accounts filedfiscal year 2025 · full…
26-05-26 Reappointments: Mégan Lauwagie (director) and Isabelle…Name change

Key points

Positive: Company by equity in La Louvière, Other services…in the Checked rankings #1 View
Active since 1926founded 15-02-1926 100 years View
New directorslatest change 11-05-2026 · 2 in office 2 joined View