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GRIMES

Active Risk: not assessed
Private limited companyfounded 2005active for 20 yearsPolderstraat(STE) 19/A, 9190 Stekene, BelgiumKBO/BCE: BE 0877.048.264
Summary

GRIMES is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €59,915 and a net result of -€9,650. Equity is growing by about 10% per year across the filed financial years. Its solvency ranks better than 79% of 3,028 sector peers (NACE 66, financial year 2025). The company has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

2025 annual accounts filed late (30 days) Filed on 30 November 2025, deadline 31 October 2025 (7 months after the close on 31 March 2025, Companies Code art. 3:10). Source: NBB, 2025-00574978.

Equity
€59,915▼ 13.9%
2024 · €69,565
Net result
-€9,650▼ 385%
2024 · -€1,990
Total assets
€75,648▼ 23.5%
2024 · €98,935
Solvency
79.2%▲ 8.9pp
2024 · 70.3%
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result turns negative in 2025: a loss of €8,786 after €1,705 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€8,786 2025 Net result-€9,650 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 66, Activities auxiliary to financial services and insurance activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€11,577-€21,089▲ 82.2%-€17,369€41,012€142,416▲ 247%€1,705▼ 98.8%-€8,786
Net result€6,005-€12,476within the sector's middle half▲ 108%-€18,414below the sector's middle half€28,213within the sector's middle half€103,013above the sector's middle half▲ 265%-€1,990below the sector's middle half-€9,650below the sector's middle half▼ 385%
Equity€39,267-€51,743within the sector's middle half▲ 31.8%€33,329below the sector's middle half▼ 35.6%€38,542within the sector's middle half▲ 15.6%€71,555within the sector's middle half▲ 85.7%€69,565within the sector's middle half▼ 2.8%€59,915within the sector's middle half▼ 13.9%
Total assets€68,214-€73,862below the sector's middle half▲ 8.3%€104,072below the sector's middle half▲ 40.9%€97,796below the sector's middle half▼ 6.0%€213,347within the sector's middle half▲ 118%€98,935below the sector's middle half▼ 53.6%€75,648below the sector's middle half▼ 23.5%
Debt€28,947-€22,119▼ 23.6%€70,743▲ 220%€59,254▼ 16.2%€141,792▲ 139%€29,370▼ 79.3%€15,734▼ 46.4%
Working capital€31,318-€44,347within the sector's middle half▲ 41.6%€22,408within the sector's middle half▼ 49.5%€29,670within the sector's middle half▲ 32.4%€77,388within the sector's middle half▲ 161%€63,075within the sector's middle half▼ 18.5%€65,852within the sector's middle half▲ 4.4%
Solvency57.6%-70.1%within the sector's middle half▲ 12.5pp32.0%within the sector's middle half▼ 38.0pp39.4%within the sector's middle half▲ 7.4pp33.5%within the sector's middle half▼ 5.9pp70.3%within the sector's middle half▲ 36.8pp79.2%above the sector's middle half▲ 8.9pp
Current ratio3.13-3.55within the sector's middle half▲ 0.411.94within the sector's middle half▼ 1.612.21within the sector's middle half▲ 0.271.74within the sector's middle half▼ 0.474.78above the sector's middle half▲ 3.0422.51above the sector's middle half▲ 17.73
Return on assets (ROA)8.8%-16.9%within the sector's middle half▲ 8.1pp-17.7%below the sector's middle half▼ 34.6pp28.8%above the sector's middle half▲ 46.5pp48.3%above the sector's middle half▲ 19.4pp-2.0%below the sector's middle half▼ 50.3pp-12.8%below the sector's middle half▼ 10.7pp
Staff (FTE)0.2-
above within below the middle half of NACE 66, Activities auxiliary to financial services and insurance activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €75,648
Fixed assets €6,735 ▼ 64.9%
Current assets €68,914 ▼ 13.6%
Equity and liabilities €75,648
Equity €59,915 ▼ 13.9%
Debt €15,734 ▼ 46.4%
Debt's share of the balance-sheet total falls from 29.7% to 20.8%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
ROE
-16.1%▼
2024 · -2.9%
Debt ≤ 1 year
€3,062▼
2024 · €16,698
Debt > 1 year
€7,281=
2024 · €7,281
Income taxes
€900▼
2024 · €4,302
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€98,935€75,648▼
Fixed assets21/28€19,162€6,735▼
Tangible fixed assets22/27€19,162€6,735▼
Plant, machinery and equipment23€190€62▼
Furniture and vehicles24€18,972€6,672▼
Current assets29/58€79,773€68,914▼
Amounts receivable within one year40/41€40,165€29,225▼
Other amounts receivable41€40,165€29,225▼
Cash at bank and in hand54/58€39,608€26,689▼
Deferred charges and accrued income490/1-€13,000
Equity and liabilities
Total equity and liabilities10/49€98,935€75,648▼
Equity10/15€69,565€59,915▼
Contributions10/11€6,200€6,200=
Reserves13€47,877€47,877=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€46,017€46,017=
Profit (loss) carried forward14€15,488€5,838▼
Amounts payable17/49€29,370€15,734▼
Amounts payable after more than one year17€7,281€7,281=
Financial debts170/4€7,281€7,281=
Amounts payable within one year42/48€16,698€3,062▼
Current portion of amounts payable after more than one year42€12,416-
Trade debts44€54€2,175▲
Suppliers440/4€54€2,175▲
Taxes, remuneration and social security45€4,227€887▼
Taxes450/3€4,227€887▼
Accrued charges and deferred income492/3€5,391€5,391=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,428€12,428=
Other operating charges640/8€1,786€1,633▼
Gross operating margin9900€15,918€5,275▼
Operating profit (loss)9901€1,705-€8,786▼
Financial income75/76B€927€201▼
Recurring financial income75€927€201▼
Financial charges65/66B€320€166▼
Recurring financial charges65€320€166▼
Profit (loss) for the period before taxes9903€2,312-€8,751▼
Income taxes67/77€4,302€900▼
Profit (loss) for the period9904-€1,990-€9,650▼
Profit (loss) for the period to be appropriated9905-€1,990-€9,650▼
Appropriation of the result
Profit (loss) to be appropriated9906€15,488€5,838▼
Profit (loss) brought forward from the previous period14P€17,478€15,488▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,268€10,104€15,732€12,300€12,365€12,428€12,428=
Other operating charges640/8---€3,317€3,792€1,786€1,633▼ 8.5%
Gross operating margin9900€32,633€33,631€3,849€56,629€158,574€15,918€5,275▼ 66.9%
Operating profit (loss)9901€11,577€21,089-€17,369€41,012€142,416€1,705-€8,786-
Financial income75/76B---€13€507€927€201▼ 78.3%
Recurring financial income75€17€4€0€13€507€927€201▼ 78.3%
Financial charges65/66B---€562€541€320€166▼ 48.1%
Recurring financial charges65€1,206€754€565€562€541€320€166▼ 48.1%
Profit (loss) for the period before taxes9903€10,387€20,339-€17,934€40,463€142,382€2,312-€8,751-
Income taxes67/77€4,382€7,863€480€12,250€39,369€4,302€900▼ 79.1%
Profit (loss) for the period9904€6,005€12,476-€18,414€28,213€103,013-€1,990-€9,650▼ 385%
Profit (loss) for the period to be appropriated9905€6,005€12,476-€18,414€28,213€103,013-€1,990-€9,650▼ 385%
Line2019202020212022202320242025Change
Assets
Total assets20/58€68,214€73,862€104,072€97,796€213,347€98,935€75,648▼ 23.5%
Fixed assets21/28€22,209€12,104€57,872€43,572€31,590€19,162€6,735▼ 64.9%
Tangible fixed assets22/27€20,209€10,104€55,872€43,572€31,590€19,162€6,735▼ 64.9%
Plant, machinery and equipment23----€317€190€62▼ 67.2%
Furniture and vehicles24---€43,572€31,272€18,972€6,672▼ 64.8%
Financial fixed assets28€2,000€2,000€2,000-----
Current assets29/58€46,006€61,757€46,200€54,224€181,757€79,773€68,914▼ 13.6%
Amounts receivable within one year40/41€11,868€8,931€19,375€22,745€23,569€40,165€29,225▼ 27.2%
Trade receivables40----€669---
Other amounts receivable41---€22,745€22,900€40,165€29,225▼ 27.2%
Cash at bank and in hand54/58€34,137€52,827€26,826€31,479€158,188€39,608€26,689▼ 32.6%
Deferred charges and accrued income490/1------€13,000-
Equity and liabilities
Total equity and liabilities10/49€68,214€73,862€104,072€97,796€213,347€98,935€75,648▼ 23.5%
Equity10/15€39,267€51,743€33,329€38,542€71,555€69,565€59,915▼ 13.9%
Contributions10/11€6,200€6,200-€6,200€6,200€6,200€6,200=
Reserves13€2,877€12,877€12,877€17,877€47,877€47,877€47,877=
Non-distributable reserves130/1---€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311---€1,860€1,860€1,860€1,860=
Distributable reserves133---€16,017€46,017€46,017€46,017=
Profit (loss) carried forward14€30,190€32,666€14,252€14,465€17,478€15,488€5,838▼ 62.3%
Amounts payable17/49€28,947€22,119€70,743€59,254€141,792€29,370€15,734▼ 46.4%
Amounts payable after more than one year17€12,749€3,202€44,283€32,032€32,032€7,281€7,281=
Financial debts170/4---€32,032€32,032€7,281€7,281=
Amounts payable within one year42/48€14,687€17,410€23,792€24,554€104,369€16,698€3,062▼ 81.7%
Current portion of amounts payable after more than one year42---€12,252-€12,416--
Trade debts44€74-€77€54-€54€2,175▲ 3,913%
Suppliers440/4---€54-€54€2,175▲ 3,913%
Taxes, remuneration and social security45---€12,248€39,369€4,227€887▼ 79.0%
Taxes450/3---€12,248€39,369€4,227€887▼ 79.0%
Other amounts payable47/48----€65,000---
Accrued charges and deferred income492/3---€2,669€5,391€5,391€5,391=
Line2019202020212022202320242025Change
Profit (loss) for the period9904€6,005€12,476-€18,414€28,213€103,013-€1,990-€9,650▼ 385%
+ Depreciation and write-downs630€10,268€10,104€15,732€12,300€12,365€12,428€12,428=
Operating cash flow (approximation)€16,273€22,580-€2,682€40,513€115,378€10,438€2,777▼ 73.4%
Investment in fixed assets (approximation)-€0-€61,500€2,000-€382€0€0-
Change in cash-€18,689-€26,001€4,653€126,710-€118,580-€12,919▲ 89.1%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 19 filings with the National Bank
Financial year Type Filed Reference
31-03-2025 micro format 30-11-2025 2025-00574978
31-03-2024 micro format 31-10-2024 2024-00526287
31-03-2023 micro format 31-10-2023 2023-00500142
31-03-2022 micro format 03-11-2022 2022-20516099
31-03-2021 micro format 05-11-2021 2021-76400223
31-03-2020 micro format 31-12-2020 2020-77500533
31-03-2019 micro format 31-10-2019 2019-72100360
31-03-2018 micro format 28-11-2018 2018-73200003
31-03-2017 micro format 31-10-2017 2017-68300151
31-03-2016 abbreviated format 01-11-2016 2016-66700080

Show all 19 filings

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