Starting capital
€3,000
GRIGA CONSTRUCT
Overview
Lifetime
1 annual account with figurespeak €288,556 (2026)
€288,556
peak €10,323 (2026)
€10,323
peak €13,323 (2026)
€13,323
€20,223
Board1 name since 2024
1 directorMUNTEANU Grigore
Documentsfilings and deeds
02-10-202632 days late
2026micro format
First year with figures
Key points
from the 2026 annual accountsPosition in the sector
€13,323
Less equity than 84% of companies in specialised construction. Sector median €73,547 · 1,074 companies.
2026 accounts filed 32 days after the deadline
Checked score
53
Fair
Financially stronger than 56% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
10-2025: 3.8%
11-2025: 3.9%▲ +0.1 percentage points vs 10-2025
12-2025: 3.9%● unchanged vs 11-2025
01-2026: 4.5%▲ +0.6 percentage points vs 12-2025
02-2026: 4.9%▲ +0.4 percentage points vs 01-2026
03-2026: 4.9%● unchanged vs 02-2026
04-2026: 5.1%▲ +0.2 percentage points vs 03-2026
05-2026: 5.2%▲ +0.1 percentage points vs 04-2026
06-2026: 5.1%▼ -0.1 percentage points vs 05-2026
07-2026: 5.2%▲ +0.1 percentage points vs 06-2026
08-2026: 5.4%▲ +0.2 percentage points vs 07-2026
09-2026: 5.6%▲ +0.2 percentage points vs 08-2026highest value
10-2026: 2.4%▼ -3.2 percentage points vs 09-2026lowest value
11-2026: 2.4%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
Size: turnover €288,556, total assets €33,546
lowers risk
Liquidity: current ratio 1.40, cash €12,852
Figures for financial year 2026 (filed on 06-10-2026)
Calculation
The band follows from the bankruptcy probability. 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 43, micro). It does better than 42% of them on solvency, 65% on liquidity and 61% on profitability.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-01-2026.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as GRIGA CONSTRUCT has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of GRIGA CONSTRUCT itself is higher: 2.4% within 12 months. It rests on far more data about GRIGA CONSTRUCT than the profile alone.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for GRIGA CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.4, below the usual 1.5. Short-term debt is 60.3% and cash 38.3% of total assets. 60.3% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2026 accounts filed 32 days late
The financial year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 02-10-2026, 32 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2026
32 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
First establishment
Rue des Archers 1, Binche
Registered office moved within Binche
New registered office: Rue des Archers 1, 7130 Binche · Previous registered office: Avenue Léopold III 136, 7134 Binche · General meeting of 01-08-2025 · Gazette deed
Incorporation
Founding capital of €3,000 · Founder: MUNTEANU Grigore (fondateur unique) · Appointment: MUNTEANU Grigore (sole director) · published on 09-09-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GRIGA CONSTRUCT Binche | €288,556 | 4.7% | 39.7% | - |
| GHM PLAMUUR Dilbeek | - | - | 29.3% | - |
| G-STAB Braine-le-Comte | - | - | 32.7% | - |
| MIPDESIGN Anderlecht | - | - | 66.8% | - |
| IAMANDI SOLUTIONS Koekelberg | €368,882 | 1.9% | 18.1% | - |
| S&B TECH Genk | - | - | 62.5% | - |
| OmAir Genk | - | - | 61.4% | - |
Grey: the largest companies of the sector (specialised construction (NACE 43)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as GRIGA CONSTRUCT: insulation installation (NACE 43230). They are comparable in size and age: total assets between €26,100 and €45,300, founded in 2024.
Official details
Source: KBO- Status
- Active since 05-09-2024Normal situation
- Activity
- Insulation installationNACE 43230and 4 others
- Establishment unit
- 2.378.354.0847130 Binche, since 01-10-2025
- Financial year end
- 31 January
- Peppol
- Reachable
Insights on GRIGA CONSTRUCT
The computed 12-month bankruptcy probability of GRIGA CONSTRUCT is 2.4% (moderate). The 2026 annual accounts show equity of €13,323 and a net result of €10,323.
Its solvency ranks better than 39% of 1,074 sector peers (NACE 43, financial year 2026). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2026
micro format, filed on 02-10-2026, 32 days late€288,556
€13,465
€16,032
€12,889
39.7%
1.40
Money flows
of every €100 of turnover, €3.58 remains as profit in 2026Balance sheet
balance sheet total €33,546 on 31-01-2026What the company ownsHow it is paid for
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2026 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
33,546 | |
21/28 |
5,134 | |
22/27 |
5,134 | |
24 |
5,134 | |
29/58 |
28,412 | |
40/41 |
15,560 | |
40 |
11,997 | |
41 |
3,563 | |
54/58 |
12,852 | |
| Balance sheet: equity and liabilities | ||
10/49 |
33,546 | |
10/15 |
13,323 | |
10/11 |
3,000 | |
14 |
10,323 | |
17/49 |
20,223 | |
42/48 |
20,223 | |
44 |
14,318 | |
441 |
14,318 | |
45 |
2,860 | |
450/3 |
2,860 | |
47/48 |
3,045 | |
| Income statement | ||
70 |
288,556 | |
9900 |
16,072 | |
60/61 |
272,484 | |
630 |
2,566 | |
640/8 |
41 | |
9901 |
13,465 | |
65/66B |
283 | |
65 |
283 | |
9903 |
13,183 | |
67/77 |
2,860 | |
9904 |
10,323 | |
9905 |
10,323 | |
| Appropriation of the result | ||
9906 |
10,323 | |
| Document | ||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2026 at the NBB, filed on 02-10-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2026 annual accounts filed 32 days after the deadline. Filed on 2 October 2026, deadline 31 August 2026 (7 months after the close on 31 January 2026, Companies Code art. 3:10). Source: NBB, 2026-00546601.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-01-2026 | micro format | 02-10-2026 | 2026-00546601 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2026 |
|---|---|---|
| 16,032 | ||
| 12,889 | ||
| 7,700 | ||
| 8,189 | ||
| 4.7% | ||
| 39.7% | ||
| 1.40 | ||
| 1.52 | ||
| 77.5% | ||
| 30.8% | ||
| 56.69 | ||
| 15 days | ||
| 19 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 31-01-2026 |
|---|---|
| Tangible fixed assets | €7,700 |
| €2,566 |
Source: notes to the 2026 annual accounts (statement of fixed assets)
Insights on GRIGA CONSTRUCT
Debt's share of the balance-sheet total is 60.3%.
Board & ownership
Board
1 director, since incorporationMandates through the years
1 name, the dashed line is todayMUNTEANU Grigore
Sole director
Sole director
Board
Mandates as a list
- MUNTEANU Grigore
- Sole director, appointed by deed of 09-09-2024, still in office
Control
Capital
- Contribution
- €3,000
- Source
- deed of 09-09-2024
Articles of association
deed of 09-09-2024 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last day of June at 18:00
Founder
At incorporation
deed of 09-09-2024 ↗
- MUNTEANU Grigore sole founder · 100% at incorporation
Network & group
No group
GRIGA CONSTRUCT has no parent and no holdings in its annual accounts. MUNTEANU Grigore is the only director. GRIGA CONSTRUCT shares no director with another company.
Timeline
Timeline
4 events since 2024Filings
Establishments
Address
202420252026
2026
Annual accounts 2026 filed NBBmicro format · 32 days late
2025
First establishment Rue des Archers 1, Binche
Registered office moved within BincheNew registered office: Rue des Archers 1, 7130 Binche · Previous registered office: Avenue Léopold III 136, 7134 Binche · General meeting of 01-08-20252 points ▸
- General meeting, 01-08-2025
- Registered-office move, Rue des Archers 1, 7130 Binche
2024
IncorporationFounding capital of €3,000 · Founder: MUNTEANU Grigore (fondateur unique) · Appointment: MUNTEANU Grigore (sole director) · published on 09-09-20243 points ▸
- Founder, MUNTEANU Grigore (fondateur unique)
- Founding capital, €3,000
- Director appointment, MUNTEANU Grigore (sole director)
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 5 September 2024, GRIGA CONSTRUCT was incorporated as a private limited company by one natural person, with a starting capital of €3,000.12 In 2025 the registered office moved to Binche.3 MUNTEANU Grigore is sole director of the company, appointed by deed of 09-09-2024.2
Company details
Identity
- Enterprise number
- 1013.233.195
- VAT number
- BE 1013.233.195
- Peppol ID
- 0208:1013233195
- Other Peppol ID
- 9925:BE1013233195
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 05-09-2024
- Financial year
- ends on 31 January
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last day of June at 18:00deed of 09-09-2024 (in French)
- Peppol
- Reachable via PeppolFollow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- GRIGA CONSTRUCT in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 09-09-2024 (in French)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Avenue Léopold III 136, 7134 Binche (Péronnes-lez-Binche)”deed of 09-09-2024 (in French)
Activities
NACEBEL 202543230
Insulation installation main activity
Codes under NACEBEL 2008
43291
Specialised construction activities main activity
43390
Specialised construction activities
43992
Specialised construction activities
43999
Specialised construction activities
81210
General cleaning of buildings
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “L’entreprise générale de construction de bâtiments résidentiels et non-résidentiels,du gros-œuvre jusqu’à la finition; La construction de…”deed of 09-09-2024 (in French)
50 activities
- L’entreprise générale de construction de bâtiments résidentiels et non-résidentiels,du gros-œuvre jusqu’à la finition
- La construction de routes,autoroutes et de voies ferrées,y compris de ponts et de tunnels
- La construction de réseaux et de lignes,y compris les réseaux pour fluides,les réseaux d’eau,de gaz et de produits pétroliers,ainsi que les réseaux d’évacuation des eaux usées
- Le forage et la construction de puits d’eau,fonçage de puits
- La construction d’autres ouvrages de génie civil,y compris la construction d’ouvrages maritimes et fluviaux et les travaux de dragage
- Les travaux de terrassement : creusement,comblement,nivellement de chantiers de construction,ouverture de tranchées,dérochement,destruction à l’explosif,le déblayage de chantiers,etc.
- Tous les travaux de construction spécialisés,y compris la démolition,la préparation des sites,les forages d’essai et sondages,la réalisation de fondations et le battage de pieux
- Tous autres travaux de construction spécialisées,y compris les travaux de toiture,les travaux d’étanchéité des murs,le ravalement des façades (nettoyage à la vapeur,le sablage et les activités analogues),la construction de cheminées décoratives et de feux ouverts,les travaux de maçonnerie et de rejointoiement,les travaux de restauration des bâtiments et la pose de chapes
- Les travaux de peinture (aussi intérieurs qu’extérieurs)
- Les travaux de plomberie et autres travaux d’installation,y compris l’installation de chauffage,de ventilation et de conditionnement d’air,ainsi que les travaux d’installation
- Les travaux d’installation électrique,y compris la construction de réseaux électriques et de télécommunication,ainsi que les installations informatiques
- L’installation,l’entretien et la réparation de systèmes de panneaux solaires ou autres sources alternatives d’énergie
- Tous travaux d’isolation,tant thermique qu’acoustique et antivibratoire
- L’installation,l’entretien et la réparation de systèmes d’alarme et de surveillance
- Tous les autres travaux d’installation non-citées ailleurs,y compris l’installation d’accessoires et les travaux d’installation générale
- Les travaux de finition,y compris la plâtrerie,la menuiserie,les cloisons sèches,le revêtement des sols et des murs,la pose de revêtements en bois,la pose de papier peints et de revêtements de murs et de sols en d’autres matériaux et de travaux de vitrerie,ainsi que l’installation de stores et de bannes
- Le placement et la réparation de menuiseries et vitreries,y compris la fabrication de charpentes et d'autres menuiseries ; la fabrication de menuiseries métalliques : portes et fenêtres avec chambranles,volets,cloisons mobiles,grilles,portes de garage,etc. ; le montage de menuiseries extérieures et intérieures,aussi bien métalliques qu’en matières plastiques : portes,fenêtres,escaliers,placards de cuisines équipées,équipements pour magasins,dormants de portes et fenêtres,etc. ; la pose de vitres,de miroirs,etc. ; le commerce de gros et détail de menuiseries et fermetures de bâtiment,aussi bien en bois qu’en d’autres matériaux
- Tous autres travaux de finition,y compris le nettoyage de nouveaux bâtiments après leur construction
- Les activités combinées de soutien lié aux bâtiments
- L’installation d’antennes d’immeubles et paratonnerres
- La fabrication d’ouvrages en béton,en ciment ou en plâtre
- La taille,le façonnage et le finissage de pierre
- La fabrication d’éléments en métal pour la construction
- Le traitement,manipulation et revêtement des métaux
- L’installation et l’exploitation d’échafaudages,de plateformes de travail et d’installations d’ascenseurs mobiles
- L’entretien et le nettoyage des égouts et des canalisations
- Le nettoyage et le débouchage de tuyaux d’écoulement dans des bâtiments
- L’assainissement et le nettoyage de bâtiments,de sites miniers,de sols ou d’eaux souterraines contaminées,y compris le désamiantage
- Le nettoyage courant des parties intérieures de bâtiments,y compris le nettoyage domestique et l’aide-ménagère,rémunérés avec titres-services ou non
- Les activités de nettoyage spécialisé de bâtiments,y compris le nettoyage industriel
- Les activités de décoration d’intérieur
- Les services d’aménagement paysager,y compris la plantation,les soins et l’entretien de parcs et jardins pour tous types de bâtiments,terrains municipaux et verdure bordant les voies de communication,ainsi que les terrains de sport
- L’exploitation forestière
- La promotion immobilière de bâtiments résidentiels et non-résidentiels
- La location et la location-bail de machines et d’équipements pour la construction
- La location,le leasing et le renting de tous véhicules motorisés
- L’achat,la vente,l’importation et l’exportation de tous véhicules motorisés,neufs ou d’occasion,ainsi que d’accessoires et pièces détachées
- L’entretien et la réparation de véhicules motorisés
- Le transport routier,l’entreposage de fret et tous services auxiliaires
- Les services de déménagement
- La distribution et la livraison du courrier et des colis
- Les transports urbains et suburbains de voyageurs
- Tous services administratifs de bureau et autres activités de soutien aux entreprises
- Toutes activités de conseil pour les affaires et autres conseils de gestion
- Tous types de commerce,l'importation et l'exportation de tous articles et produits négociables,y compris le commerce de détail alimentaire en magasin spécialisé ou non-spécialisé
- Le commerce de détail sur éventaires et marchés
- Toutes activités d’une société de patrimoine,y compris celles des marchands de biens et la location et l’exploitation de biens immobiliers propres ou loués,ainsi que le lotissement foncier et l’aménagement et le remembrement de zones rurales
- Toutes activités d’une société de management,y compris l’exercice de mandats d’administrateur et de liquidateur dans d’autres personnes morales
- Toutes activités des sociétés holding,y compris l’acquisition,la gestion et la vente,pour son compte propre exclusivement,de tous placements,titres et effets financiers,tant à court terme,qu’à moyen ou long terme
- Toutes activités de marketing et de publicité,ainsi que l’exploitation de bureaux de publicité et de droits intellectuels et d’auteur de toute nature
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Rue des Archers 1 registered office 7130 Binche | 01-10-2025 | 2.378.354.084 |
Buildings and parcels at the address
- Ground area
- 35 m²
- Buildings
- 29 m²
- Volume, LiDAR
- 311 m³
- Tallest building
- 11.7 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 56011B0695/00A000 | 35 m² | 1 · 29 m² | 11.7 m · 4 |
Contact
Phone
+32 491 93 87 20
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1013.233.195