GRILLEMATIC CONCEPT
ActiveGRILLEMATIC CONCEPT has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €460k and a net result of €-23k. Equity is growing by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 80% of 36373 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability62▼-20
Solvency99▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 6.93 against 9.05 in 2023; short-term debt: 8.8% and cash: 24.1% of total assets), and 25.9% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
74.1%
Return on assets
-3.7%
Age of the figures
21 mo
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
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 07-07-2025, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
21 d early
2022
35 d early
2021
26 d late
2020
31 d late
2019
11 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€460k▼ 4.7%
2023 · €483k
2018: €278k
2019: €321k
2020: €370k
2021: €363k
2022: €423k
2023: €483k
2018 → 2024
Total assets
€621k▲ 6.0%
2023 · €586k
2018: €340k
2019: €392k
2020: €417k
2021: €506k
2022: €505k
2023: €586k
2018 → 2024
Net result
€-23k
2023 · €61k
2018: €88k
2019: €44k
2020: €48k
2021: €41k
2022: €60k
2023: €61k
2018 → 2024
Working capital
€325k▼ 21.0%
2023 · €411k
2018: €268k
2019: €336k
2020: €396k
2021: €331k
2022: €369k
2023: €411k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€370k-€363k▼ 1.8%€423k▲ 16.6%€483k▲ 14.0%€460k▼ 4.7%
Operating result€61k-€47k▼ 24.2%€76k▲ 62.0%€77k▲ 2.4%€-20k
Net result€48k-€41k▼ 15.7%€60k▲ 47.6%€61k▲ 1.1%€-23k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €20k after €77k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €621k
Fixed assets
€241k▲ 94.7%
Current assets
€380k▼ 17.8%
Equity and liabilities €621k
Equity
€460k▼ 4.7%
Debt
€161k▲ 55.9%
The debt ratio rises from 17.6% to 25.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€21k▼
2023 · €99k
Cash flow
€19k▼
2023 · €82k
Solvency
74.1%▼
2023 · 82.4%
Current ratio
6.93▼
2023 · 9.05
Quick ratio
6.14▼
2023 · 8.12
Debt / equity
0.35▲
2023 · 0.21
ROE
-4.9%▼
2023 · 12.6%
ROA
-3.7%▼
2023 · 10.4%
Interest coverage
5.72▼
2023 · 61.40
Debt
€161k▲
2023 · €103k
Debt ≤ 1 year
€55k▲
2023 · €51k
Debt > 1 year
€104k▲
2023 · €52k
Income taxes
€172▼
2023 · €16k
Staff costs
€94k▲
2023 · €92k
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€586k€621k▲
Fixed assets21/28€124k€241k▲
Intangible fixed assets21€763€0▼
Tangible fixed assets22/27€121k€239k▲
Plant, machinery and equipment23€65k€52k▼
Furniture and vehicles24€11k€54k▲
Leasing and similar rights25€43k€33k▼
Other tangible fixed assets26€2k€100k▲
Financial fixed assets28€2k€2k=
Current assets29/58€462k€380k▼
Stocks and contracts in progress3€47k€43k▼
Stocks30/36€47k€43k▼
Amounts receivable within one year40/41€14k€22k▲
Trade receivables40€12k€7k▼
Other amounts receivable41€2k€15k▲
Current investments50/53€160k€160k=
Cash at bank and in hand54/58€237k€150k▼
Deferred charges and accrued income490/1€3k€5k▲
Equity and liabilities
Total equity and liabilities10/49€586k€621k▲
Equity10/15€483k€460k▼
Contributions10/11€50k€50k=
Reserves13€432k€410k▼
Non-distributable reserves130/1€160k€160k=
Reserves not available under the articles1311€0-
Own shares acquired1312€160k€160k=
Distributable reserves133€272k€250k▼
Profit (loss) carried forward14€803€139▼
Amounts payable17/49€103k€161k▲
Amounts payable after more than one year17€52k€104k▲
Financial debts170/4€52k€104k▲
Amounts payable within one year42/48€51k€55k▲
Current portion of amounts payable after more than one year42€21k€24k▲
Trade debts44€14k€5k▼
Suppliers440/4€14k€5k▼
Taxes, remuneration and social security45€11k€15k▲
Taxes450/3€1k€4k▲
Remuneration and social security454/9€9k€11k▲
Other amounts payable47/48€5k€11k▲
Accrued charges and deferred income492/3€80€2k▲
Income statement
Code20232024
Remuneration, social security and pensions62€92k€94k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€41k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€369€0▼
Other operating charges640/8€4k€4k▼
Gross operating margin9900€195k€120k▼
Operating profit (loss)9901€77k€-20k▼
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€77k€-22k▼
Income taxes67/77€16k€172▼
Profit (loss) for the period9904€61k€-23k▼
Profit (loss) for the period to be appropriated9905€61k€-23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€61k€-22k▼
Profit (loss) brought forward from the previous period14P€479€803▲
Transfer from equity791/2-€22k
Transfer to equity691/2€59k€0▼
To other reserves6921€59k€0▼
Profit to be distributed694/7€2k€0▼
Return on contributions (dividend)694€2k€0▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-23k ▼137%
Net result drops to €-23k, the lowest in the series.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 21.42
Current ratio from 7.05 to 21.42; short-term debt falls from €55k to €19k.
20-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
2016
24-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Soignies · 1 establishment unit since 2014
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.
Rue des Prés Mercq 97062 SoigniesGround area
9,302 m²
Building footprint
1,888 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
Grillematic Concept
since 20142.233.824.282
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55004E0309/00K000 | Wallonia | 6,943 m² | 1 · 1,771 m² | - |
| 55028C0435/00L000 | Wallonia | 2,359 m² | 1 · 117 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Suco Trade
BE 0424.805.857
Brussel · Eq €458k
HADE CONCEPT
BE 0826.726.050
Schaarbeek · Eq €458k
JARDIN-CONFORT
BE 0885.543.880
Ukkel · Eq €457k
WOLFSTAR
BE 0877.882.167
Leuven · Eq €457k
HYDROSEC
BE 0880.901.639
Herentals · Eq €463k
Of 7,294 companies in sector 43350 we hold annual accounts for 2,361. 1,373 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-08-2014
Fiscal year end31-12
Activities, NACEBEL
25120Manufacture of fabricated metal products, except machinery and equipment
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.