GRIKAROS
ActiveGRIKAROS has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €826k and a net result of €86k. Equity is growing by ~16.6% per year across the filed fiscal years. Its solvency ranks better than 64% of 2027 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability75▼-4
Solvency73▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 1.7 against 1.65 in 2023; short-term debt: 10.5% and cash: 13.1% of total assets), but 52.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
47.6%
Return on assets
4.9%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
47 d early
2022
39 d early
2021
40 d early
2020
19 d late
2019
35 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€826k▲ 11.6%
2023 · €740k
2018: €402k
2019: €409k
2020: €397k
2021: €501k
2022: €656k
2023: €740k
2018 → 2024
Total assets
€1.73M▲ 8.5%
2023 · €1.60M
2018: €573k
2019: €852k
2020: €1.26M
2021: €1.33M
2022: €1.51M
2023: €1.60M
2018 → 2024
Net result
€86k▼ 36.4%
2023 · €135k
2018: €42k
2019: €8k
2020: €-12k
2021: €104k
2022: €154k
2023: €135k
2018 → 2024
Working capital
€128k▼ 9.1%
2023 · €140k
2018: €222k
2019: €2k
2020: €29k
2021: €92k
2022: €215k
2023: €140k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€397k-€501k▲ 26.3%€656k▲ 30.7%€740k▲ 12.9%€826k▲ 11.6%
Operating result€-6k-€112k€163k▲ 44.9%€185k▲ 13.2%€119k▼ 35.7%
Net result€-12k-€104k€154k▲ 47.8%€135k▼ 12.7%€86k▼ 36.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 36% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.73M
Fixed assets
€1.42M▲ 14.7%
Current assets
€310k▼ 13.0%
Equity and liabilities €1.73M
Equity
€826k▲ 11.6%
Debt
€909k▲ 5.9%
The debt ratio falls from 53.7% to 52.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€273k▼
2023 · €313k
Cash flow
€240k▼
2023 · €263k
Solvency
47.6%▲
2023 · 46.3%
Current ratio
1.70▲
2023 · 1.65
Quick ratio
1.70▲
2023 · 1.65
Debt / equity
1.10▼
2023 · 1.16
ROE
10.4%▼
2023 · 18.2%
ROA
4.9%▼
2023 · 8.4%
Interest coverage
15.31▼
2023 · 30.58
Debt
€909k▲
2023 · €858k
Debt ≤ 1 year
€182k▼
2023 · €216k
Debt > 1 year
€726k▲
2023 · €643k
Income taxes
€16k▼
2023 · €40k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.60M€1.73M▲
Fixed assets21/28€1.24M€1.42M▲
Tangible fixed assets22/27€1.24M€1.42M▲
Land and buildings22€854k€821k▼
Plant, machinery and equipment23€275k€342k▲
Furniture and vehicles24€22k€14k▼
Leasing and similar rights25€90k€239k▲
Financial fixed assets28€540€8k▲
Current assets29/58€356k€310k▼
Amounts receivable within one year40/41€45k€54k▲
Trade receivables40€45k€54k▲
Current investments50/53-€25k
Cash at bank and in hand54/58€307k€228k▼
Deferred charges and accrued income490/1€4k€2k▼
Equity and liabilities
Total equity and liabilities10/49€1.60M€1.73M▲
Equity10/15€740k€826k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€606k€706k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€600k€700k▲
Profit (loss) carried forward14€72k€57k▼
Amounts payable17/49€858k€909k▲
Amounts payable after more than one year17€643k€726k▲
Financial debts170/4€643k€726k▲
Amounts payable within one year42/48€216k€182k▼
Current portion of amounts payable after more than one year42€107k€133k▲
Financial debts43€18k€18k=
Other loans439€18k€18k=
Trade debts44€40k€30k▼
Suppliers440/4€40k€30k▼
Taxes, remuneration and social security45€15k€993▼
Taxes450/3€15k€993▼
Other amounts payable47/48€35k-
Accrued charges and deferred income492/3-€63
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€128k€154k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€316k€276k▼
Operating profit (loss)9901€185k€119k▼
Financial income75/76B€415€750▲
Recurring financial income75€415€750▲
Financial charges65/66B€10k€18k▲
Recurring financial charges65€10k€18k▲
Profit (loss) for the period before taxes9903€175k€101k▼
Income taxes67/77€40k€16k▼
Profit (loss) for the period9904€135k€86k▼
Profit (loss) for the period to be appropriated9905€135k€86k▼
Appropriation of the result
Profit (loss) to be appropriated9906€392k€157k▼
Profit (loss) brought forward from the previous period14P€257k€72k▼
Transfer to equity691/2€270k€100k▼
To other reserves6921€270k€100k▼
Profit to be distributed694/7€50k-
Directors or managers695€50k-
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €154k ▲47.8%
Net result €154k, the highest in the series.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €104k
Net result €104k after one loss-making year.
31-12
Financial
Equity above €500kEq €501k ▲26.3%
Equity rises from €397k to €501k.
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 19 days late
2020
31-12
Financial
Weakest financial yearnet €-12k ▼261%
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
06-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
04-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Steenokkerzeel · 1 establishment unit since 1997
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kalkoven 261820 SteenokkerzeelGround area
5,642 m²
Building footprint
3,009 m²
Parcel 23051B0142/00R000, Flanders. Linked by address, not a title deed.
1 establishment unit
GRIKAROS
since 19972.082.620.979
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23051B0142/00R000 | Flanders | 5,641 m² | 1 · 3,009 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,190 companies in sector 77399 we hold annual accounts for 711. 470 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded10-06-1997
Fiscal year end31-12
Activities, NACEBEL
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.