GRIMO
InactiveGRIMO was declared bankrupt on 29-08-2025 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 17-03-2026, published in the Belgian State Gazette on 27-03-2026.
No longer registered with the KBO; last annual accounts for fiscal year 2023.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline21-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 14-01-2025, 167 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
167 d late
2021
152 d late
2020
68 d late
2019
52 d late
2018
51 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-319k
2021 · €37k
2018: €-27k
2019: €-52k
2020: €-557k
2021: €37k
2018 → 2023
Working capital
€-128k
2021 · €200k
2018: €254k
2019: €191k
2020: €142k
2021: €200k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212023Trend
Equity€-92k-€-144k▼ 56.3%€-701k▼ 386%€-663k▲ 5.3%€-988k▼ 48.9%
Operating result€-27k-€-52k▼ 94.6%€-557k▼ 978%€38k€680▼ 98.2%
Net result€-27k-€-52k▼ 94.2%€-557k▼ 972%€37k€-319k
Result per fiscal year
Operating resultNet result
The operating result is €680 in 2023, compared with €38k in 2021. Comparable figures for the intervening years are unavailable.
Key figures and ratios
Solvency
-880.1%▼
2021 · -150.7%
Current ratio
0.47▼
2021 · 1.83
Quick ratio
0.47▼
2021 · 1.83
Debt / equity
-1.11▲
2021 · -1.66
ROA
-284.4%▼
2021 · 8.5%
Debt
€1.10M▼
2021 · €1.10M
Debt ≤ 1 year
€241k▲
2021 · €240k
Debt > 1 year
€860k▼
2021 · €864k
Income taxes
€320k
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 · 2023 against 2021
Balance sheet
Code20212023
Assets
Total assets20/58€440k€112k▼
Current assets29/58€440k€112k▼
Amounts receivable within one year40/41€427k€110k▼
Trade receivables40€317k-
Other amounts receivable41€110k€110k=
Cash at bank and in hand54/58€13k€3k▼
Equity and liabilities
Total equity and liabilities10/49€440k€112k▼
Equity10/15€-663k€-988k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€9k€9k=
Non-distributable reserves130/1€3k€3k=
Legal reserve130€3k€3k=
Distributable reserves133€5k€5k=
Profit (loss) carried forward14€-734k€-1.06M▼
Amounts payable17/49€1.10M€1.10M▼
Amounts payable after more than one year17€864k€860k▼
Other amounts payable178/9€864k€860k▼
Amounts payable within one year42/48€240k€241k▲
Trade debts44€240k€241k▲
Suppliers440/4€240k€241k▲
Income statement
Code20212023
Other operating charges640/8€2k€384▼
Non-recurring operating charges66A€224k-
Gross operating margin9900€263k€1k▼
Operating profit (loss)9901€38k€680▼
Financial income75/76B-€9
Recurring financial income75-€9
Financial charges65/66B€299€86▼
Recurring financial charges65€299€86▼
Profit (loss) for the period before taxes9903€37k€603▼
Income taxes67/77-€320k
Profit (loss) for the period9904€37k€-319k▼
Profit (loss) for the period to be appropriated9905€37k€-319k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-734k€-1.06M▼
Profit (loss) brought forward from the previous period14P€-771k€-739k▲
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
27-03
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · SA GRIMO CHAUSSEE D’IXELLES 204, 1050 IXELLES. déclarée le 29 août 2025 · event 17-03-2026
2025
05-09
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SA GRIMO CHAUSSEE D’IXELLES 204, 1050 IXELLES · event 29-08-2025
14-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 167 days late
2022
30-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 152 days late
2021
31-12
Financial
Back to profitnet €37k
Net result €37k after 3 loss-making years.
07-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 68 days late
2020
31-12
Financial
Weakest financial yearnet €-557k
Net result drops to €-557k, the lowest in the series.
21-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 52 days late
2019
20-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 51 days late
2018
03-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 64 days late
2017
30-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 91 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 61 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
2014
21-11
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 113 days late
SignalFinancial 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ANICET BAUM AVENUE ARMAND HUYSMANS 212,
1050 IXELLES |
29-08-2025 → present |