GRIFFIN FINANCIAL STRUCTURING
ActiveSummary
GRIFFIN FINANCIAL STRUCTURING has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €137,138 and a net result of -€12,811. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 1.4% (low).
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Signals
This company filed its last 7 accounts on average 27 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, abbreviated schema
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €3,713 | - | - |
| Other operating charges640/8 | €2,894 | €4,479 | €6,274 | €4,104 | €3,459 | ▼ 15.7% |
| Gross operating margin9900 | -€7,856 | -€3,420 | -€17,282 | -€14,821 | -€9,954 | ▲ 32.8% |
| Operating profit (loss)9901 | -€10,750 | -€7,899 | -€23,556 | -€18,926 | -€13,413 | ▲ 29.1% |
| Financial income75/76B | €8,832 | €1 | - | €107,540 | €96,780 | ▼ 10.0% |
| Recurring financial income75 | €8,832 | €1 | - | €107,540 | €96,780 | ▼ 10.0% |
| Financial charges65/66B | €8,392 | €52 | €176 | €108,183 | €96,178 | ▼ 11.1% |
| Recurring financial charges65 | €8,392 | €52 | €176 | €108,183 | €96,178 | ▼ 11.1% |
| Profit (loss) for the period before taxes9903 | -€10,310 | -€7,950 | -€23,732 | -€19,569 | -€12,811 | ▲ 34.5% |
| Income taxes67/77 | - | - | €40,035 | - | - | - |
| Profit (loss) for the period9904 | -€10,310 | -€7,950 | -€63,767 | -€19,569 | -€12,811 | ▲ 34.5% |
| Profit (loss) for the period to be appropriated9905 | -€10,310 | -€7,950 | -€63,767 | -€19,569 | -€12,811 | ▲ 34.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €262,514 | €299,737 | €277,052 | €167,754 | €154,634 | ▼ 7.8% |
| Fixed assets21/28 | €19,000 | €19,000 | €19,000 | €11,500 | €11,500 | = |
| Tangible fixed assets22/27 | €19,000 | €19,000 | €19,000 | €11,500 | €11,500 | = |
| Land and buildings22 | €19,000 | €19,000 | €19,000 | €11,500 | €11,500 | = |
| Current assets29/58 | €243,514 | €280,737 | €258,052 | €156,254 | €143,134 | ▼ 8.4% |
| Amounts receivable within one year40/41 | - | €48,044 | €119,808 | €56,000 | €40,274 | ▼ 28.1% |
| Other amounts receivable41 | - | €48,044 | €119,808 | €56,000 | €40,274 | ▼ 28.1% |
| Cash at bank and in hand54/58 | €243,514 | €230,693 | €138,244 | €100,254 | €54,839 | ▼ 45.3% |
| Deferred charges and accrued income490/1 | - | €2,000 | - | - | €48,020 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €262,514 | €299,737 | €277,052 | €167,754 | €154,634 | ▼ 7.8% |
| Equity10/15 | €241,234 | €233,284 | €169,517 | €149,949 | €137,138 | ▼ 8.5% |
| Contributions10/11 | €140,912 | €140,912 | €140,912 | €140,912 | €140,912 | = |
| Reserves13 | €58,729 | €58,729 | €58,729 | €58,729 | €58,729 | = |
| Distributable reserves133 | €58,729 | €58,729 | €58,729 | €58,729 | €58,729 | = |
| Profit (loss) carried forward14 | €41,593 | €33,643 | -€30,124 | -€49,692 | -€62,503 | ▼ 25.8% |
| Amounts payable17/49 | €21,280 | €66,453 | €107,535 | €17,805 | €17,496 | ▼ 1.7% |
| Amounts payable within one year42/48 | €21,280 | €65,585 | €107,534 | €17,805 | €17,496 | ▼ 1.7% |
| Trade debts44 | - | €45 | €230 | €310 | - | - |
| Suppliers440/4 | - | €45 | €230 | €310 | - | - |
| Other amounts payable47/48 | €21,280 | €65,540 | €107,304 | €17,496 | €17,496 | = |
| Accrued charges and deferred income492/3 | - | €868 | €1 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,310 | -€7,950 | -€63,767 | -€19,569 | -€12,811 | ▲ 34.5% |
| Operating cash flow (approximation) | -€10,310 | -€7,950 | -€63,767 | -€19,569 | -€12,811 | ▲ 34.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €7,500 | €0 | ▼ 100% |
| Change in cash | - | -€12,821 | -€92,449 | -€37,990 | -€45,415 | ▼ 19.5% |
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
About the unread acts
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21905C0072/00V003 | Brussels | 310 m² | 1 · 177 m² | 21.2 m · 6 fl. |
Linked by address, not proof of ownership
Company details
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Register as of 1 October 2026 · Peppol Directory
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