GRILLI A-C
ActiveSummary
GRILLI A-C has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36k and a net result of €4k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 34% of 7453 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability49▼-43
Solvency53▼-23
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.33 against 1.68 in 2024; short-term debt: 33.8% and cash: 2.4% of total assets), and 72.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 41
Relative position
BE, all sectors
reference
Sector 41
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 2025Solvency, return and age of the figures
Solvency
27.8%
Return on assets
3.2%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €36k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
31 d late
2024
8 d late
2023
28 d late
2022
24 d late
2021
19 d late
2020
25 d late
2019
33 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€36k▲ 0.7%
2024 · €36k
2018: €6k
2019: €8k
2020: €-1k
2021: €2k
2022: €1k
2023: €29k
2024: €36k
2018 → 2025
Total assets
€131k▲ 84.1%
2024 · €71k
2018: €39k
2019: €56k
2020: €66k
2021: €48k
2022: €57k
2023: €71k
2024: €71k
2018 → 2025
Net result
€4k▼ 67.9%
2024 · €13k
2018: €-177
2019: €2k
2020: €-9k
2021: €4k
2022: €-996
2023: €28k
2024: €13k
2018 → 2025
Working capital
€14k▼ 39.1%
2024 · €24k
2018: €-5k
2019: €-5k
2020: €-21k
2021: €-10k
2022: €-8k
2023: €15k
2024: €24k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2k-€1k▼ 45.7%€29k▲ 2,340%€36k▲ 25.0%€36k▲ 0.7%
Operating result€10k-€4k▼ 58.4%€43k▲ 912%€19k▼ 54.7%€11k▼ 44.3%
Net result€4k-€-996€28k€13k▼ 52.3%€4k▼ 67.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 44% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €131k
Fixed assets
€72k ▲ 482%
Current assets
€59k ▲ 0.2%
Equity and liabilities €131k
Equity
€36k ▲ 0.7%
Debt
€94k ▲ 171%
Debt's share of the balance-sheet total rises from 49.1% to 72.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€15k▼
2024 · €21k
Cash flow
€8k▼
2024 · €15k
Current ratio
1.33▼
2024 · 1.68
Quick ratio
1.26▼
2024 · 1.60
Debt to equity
2.59▲
2024 · 0.96
ROE
11.7%▼
2024 · 36.6%
ROA
3.2%▼
2024 · 18.6%
Interest coverage
3.09▼
2024 · 9.96
Debt ≤ 1 year
€44k▲
2024 · €35k
Debt > 1 year
€50k
Income taxes
€2k▼
2024 · €5k
Staff costs
€14k▼
2024 · €18k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€71k€131k▲
Fixed assets21/28€12k€72k▲
Tangible fixed assets22/27€12k€72k▲
Land and buildings22€12k€72k▲
Furniture and vehicles24€257€76▼
Financial fixed assets28€248€248=
Current assets29/58€59k€59k▲
Amounts receivable after more than one year29€18k€16k▼
Other amounts receivable291€18k€16k▼
Stocks and contracts in progress3€3k€3k▲
Stocks30/36€3k€3k▲
Amounts receivable within one year40/41€37k€36k▼
Trade receivables40€24k€23k▼
Other amounts receivable41€13k€12k▼
Cash at bank and in hand54/58€119€3k▲
Deferred charges and accrued income490/1€643€629▼
Equity and liabilities
Total equity and liabilities10/49€71k€131k▲
Equity10/15€36k€36k▲
Contributions10/11€7k€8k▲
Reserves13€906-
Non-distributable reserves130/1€906-
Reserves not available under the articles1311€906-
Profit (loss) carried forward14€28k€28k▲
Amounts payable17/49€35k€94k▲
Amounts payable after more than one year17-€50k
Financial debts170/4-€50k
Amounts payable within one year42/48€35k€44k▲
Current portion of amounts payable after more than one year42-€7k
Financial debts43-€26k
Credit institutions430/8-€26k
Trade debts44€16k€3k▼
Suppliers440/4€16k€3k▼
Taxes, remuneration and social security45€19k€9k▼
Taxes450/3€17k€9k▼
Remuneration and social security454/9€2k-
Income statement
Code20242025
Non-recurring operating income76A€4k-
Remuneration, social security and pensions62€18k€14k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€4k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€41k€31k▼
Operating profit (loss)9901€19k€11k▼
Financial income75/76B€413€45▼
Recurring financial income75€413€45▼
Financial charges65/66B€2k€5k▲
Recurring financial charges65€2k€5k▲
Profit (loss) for the period before taxes9903€18k€6k▼
Income taxes67/77€5k€2k▼
Profit (loss) for the period9904€13k€4k▼
Profit (loss) for the period to be appropriated9905€13k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€34k€32k▼
Profit (loss) brought forward from the previous period14P€21k€28k▲
Profit to be distributed694/7€6k€4k▼
Return on contributions (dividend)694€6k€4k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
08-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 8 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Back to profitnet €28k
Net result €28k after one loss-making year.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
02-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 33 days late
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Amay · 1 establishment unit since 2016
Ground area
2,716 m²
Building footprint
478 m²
Volume, LiDAR
2,945 m³
2 parcels, Wallonia · tallest building 8.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue de Waremme 112, 4530 Villers-le-Bouillet
since 20162.254.973.252
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61068A0494/00V000 | Wallonia | 1,636 m² | 1 · 390 m² | 6.5 m · 2 fl. |
| 61046A0758/00B000 | Wallonia | 1,080 m² | 1 · 88 m² | 8.7 m · 3 fl. |
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
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Arléo Construct
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MB ELECTRO
BE 0762.742.573
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SEHrazat
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Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 12,730 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-05-2016
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
42211Civil engineering
43120Site preparation
43910Bricklaying and masonry work
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.