GRIMONSTER
ActiveGRIMONSTER has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.73M and a net result of €-25k. Equity is growing by ~20.3% per year across the filed fiscal years. Its solvency ranks better than 94% of 1205 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
73
/ 100
Healthy▲ +27 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency100▲+43
Growth52=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €270k at 30 days acceptable
Liquidity ample (current ratio 3.98 against 0.68 in 2023), and 3.7% 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 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
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 22-07-2025, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
9 d early
2023
2 d late
2022
5 d early
2021
31 d early
2020
17 d early
2019
27 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-25k▼ 46.4%
2023 · €-17k
2018: €-15k
2019: €-50
2020: €-45k
2021: €-780
2022: €-128k
2023: €-17k
2018 → 2024
Working capital
€424k
2023 · €-22k
2018: €-125k
2019: €-115k
2020: €-170k
2021: €202k
2022: €-26k
2023: €-22k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€431k-€896k▲ 108%€767k▼ 14.3%€750k▼ 2.2%€3.73M▲ 396%
Operating result€-45k-€2k€-121k€9k€-28k
Net result€-45k-€-780▲ 98.3%€-128k▼ 16,343%€-17k▲ 87.0%€-25k▼ 46.4%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €28k after €9k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.87M
Fixed assets
€3.30M▲ 89.1%
Current assets
€567k▲ 1,114%
Equity and liabilities €3.87M
Equity
€3.73M▲ 396%
Debt
€145k▼ 86.1%
The debt ratio falls from 58.2% to 3.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€112k▲
2023 · €87k
Cash flow
€116k▲
2023 · €61k
Solvency
96.3%▲
2023 · 41.8%
Current ratio
3.98▲
2023 · 0.68
Quick ratio
3.98▲
2023 · 0.68
Debt / equity
0.04▼
2023 · 1.39
ROE
-0.7%▲
2023 · -2.2%
ROA
-0.6%▲
2023 · -0.9%
Interest coverage
446.21▲
2023 · 3.38
Debt
€145k▼
2023 · €1.04M
Debt ≤ 1 year
€142k▲
2023 · €69k
Staff costs
€4k▲
2023 · €4k
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€1.79M€3.87M▲
Fixed assets21/28€1.75M€3.30M▲
Tangible fixed assets22/27€1.75M€3.30M▲
Land and buildings22€1.69M€3.22M▲
Plant, machinery and equipment23€8k€33k▲
Furniture and vehicles24€22k€33k▲
Other tangible fixed assets26€28k€23k▼
Current assets29/58€47k€567k▲
Amounts receivable within one year40/41€7k€335k▲
Trade receivables40€7k€335k▲
Cash at bank and in hand54/58€38k€228k▲
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€1.79M€3.87M▲
Equity10/15€750k€3.73M▲
Contributions10/11€1.00M€4.00M▲
Capital10€1.00M€4.00M▲
Issued capital100€1.00M€5.00M▲
Uncalled capital101-€1.00M
Reserves13€947€947=
Non-distributable reserves130/1€947€947=
Legal reserve130€947€947=
Profit (loss) carried forward14€-251k€-275k▼
Amounts payable17/49€1.04M€145k▼
Amounts payable after more than one year17€974k-
Financial debts170/4€974k-
Amounts payable within one year42/48€69k€142k▲
Trade debts44€63k€94k▲
Suppliers440/4€63k€94k▲
Taxes, remuneration and social security45€3k€43k▲
Taxes450/3€3k€43k▲
Remuneration and social security454/9€177-
Other amounts payable47/48€4k€5k▲
Accrued charges and deferred income492/3-€3k
Income statement
Code20232024
Remuneration, social security and pensions62€4k€4k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€78k€140k▲
Other operating charges640/8€6k€10k▲
Gross operating margin9900€96k€126k▲
Operating profit (loss)9901€9k€-28k▼
Financial income75/76B€2€4k▲
Recurring financial income75€2€4k▲
Financial charges65/66B€26k€252▼
Recurring financial charges65€26k€252▼
Profit (loss) for the period before taxes9903€-17k€-25k▼
Profit (loss) for the period9904€-17k€-25k▼
Profit (loss) for the period to be appropriated9905€-17k€-25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-251k€-275k▼
Profit (loss) brought forward from the previous period14P€-234k€-251k▼
Social balance
Average headcount (FTE)90870.10.1=
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Liquidity times 6current ratio 3.98
Current ratio from 0.68 to 3.98.
31-12
Financial
Equity above €2MEq €3.73M ▲396%
Equity rises from €750k to €3.73M.
02-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 2 days late
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €-128k
Net result drops to €-128k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Liquidity times 4794current ratio 10.22
Current ratio from 0.00 to 10.22; short-term debt falls from €170k to €22k.
31-12
Financial
Equity above €500kEq €896k ▲108%
Equity rises from €431k to €896k.
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 27 days late
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 23 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Ferrières · 1 establishment unit since 1981
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.
Grimonster SN4190 FerrièresGround area
6,328 m²
Parcel 61019B0417/00G000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Grimonster sn, 4190 Ferrières
since 19812.018.652.251
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61019B0417/00G000 | Wallonia | 6,328 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.
Similar companies · same sector, comparable size
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VEREENOOGHE INVEST
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MVS
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Of 2,995 companies in sector 55203 we hold annual accounts for 687. 164 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded30-01-1981
Fiscal year end31-12
Activities, NACEBEL
55203Holiday cottages, homes and apartments
55232
82300Organisation of conventions and trade shows
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 44 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.