Skip to content

GrindFactory Prep Antwerp

Active
Non-profit associationfounded 201016 yrs activeGriffinstraat 11, 2170 Antwerpen, BelgiumKBO/BCE: BE 0825.440.603
Summary

GrindFactory Prep Antwerp has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€1,057) and a net result of €5,449. Its solvency ranks better than 18% of 3024 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisWatch ReportCompare
GrindFactory Prep AntwerpActiveChecked score 56/100
Risk analysis ReportCompare

Overview

Activity
Sports, amusement and recreation activities
NACE 93123
Size
€4,393total assets 2024
Equity
-€1,057
Profit
€5,449
Turnover not published (abridged schema)
Financial health
56 Fair Checked score 2024
Bankruptcy chance 12 m
0.1%
Structure
Board
4 members
Accounts 65 d overdue1 of 8 deeds read
Why 56Capped at 59: negative equity- 1 change of registered office in 24 months+ Legal form Non-profit association+ Sector Sports, amusement and recreation activities (NACE 93)+ Liquidity: current ratio 0.76, cash €2,725, halvedShow the evidence

Checked score

Score 2024
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 53% of its sector peers (NACE 93, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2022
Average
Solvency 1-97
equity -24.1% of total assets
Liquidity 50-40
short-term debt 124.1% · cash 62.0%
Profitability 100+100
return on assets 124.0%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (4,256 companies)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%▲ +19.0% vs 11-2024 01-2025: 0.1%▲ +110% vs 12-2024 02-2025: 0.1%● 0.0% vs 01-2025 03-2025: 0.1%▲ +11.4% vs 02-2025 04-2025: 0.1%▼ -12.8% vs 03-2025 05-2025: 0.1%● 0.0% vs 04-2025 06-2025: 0.3%▲ +196% vs 05-2025highest value 07-2025: 0.1%▼ -82.8% vs 06-2025 08-2025: 0.1%● 0.0% vs 07-2025 09-2025: 0.1%● 0.0% vs 08-2025 10-2025: 0.1%▲ +1.9% vs 09-2025 11-2025: 0.1%● 0.0% vs 10-2025 12-2025: 0.1%● 0.0% vs 11-2025 01-2026: 0.1%● 0.0% vs 12-2025 02-2026: 0.1%● 0.0% vs 01-2026 03-2026: 0.1%▲ +5.7% vs 02-2026 04-2026: 0.1%● 0.0% vs 03-2026 05-2026: 0.1%▲ +1.8% vs 04-2026 06-2026: 0.1%▲ +3.5% vs 05-2026 07-2026: 0.1%▲ +13.6% vs 06-2026 08-2026: 0.1%▲ +4.5% vs 07-2026 09-2026: 0.1%▲ +11.4% vs 08-2026 10-2026: 0.1%▲ +37.2% vs 09-2026
  • Legal form Non-profit association lowers the probability
  • 1 change of registered office in 24 months raises the probability
  • Sector Sports, amusement and recreation activities (NACE 93) lowers the probability
  • Liquidity: current ratio 0.76, cash €2,725, halved lowers the probability
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 93, micro). Better than this share of them on solvency 17%, liquidity 49%, profitability 94%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Legal form Non-profit association
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
lowers risk · Sector Sports, amusement and recreation activities (NACE 93)
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Liquidity: current ratio 0.76, cash €2,725, halved
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 3024 sector peers (2024).
NBB · sector comparison
Position among 3024 sector peers
Solvency
better than 18%
← weakest strongest →
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 26-06-2025, 35 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
35 d early
2022
78 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 22 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Resignations: Anneleen Calliauw, Inge Crauwels and…Appointments: Daniel AzİZ AWAN GONÇALVES…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Back to profitnet €5,449

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€1,057 View
  • Caution: Board changedlatest change 11-08-2026 · 4 in office 4 joined · 4 left View
  • Caution: Accounts not fileddeadline was 31-07-2026 65 d late View
  • Caution: Among the weakest 19% on solvencysector median 26.3% · 3,024 companies -24.1% View

By topic

Financials

Fiscal year
2024
Total assets
€4,393
Profit
€5,449
Solvency
-24.1%
Total assets▼ 27.5%
Net result
20222024
Go to Financials

Timeline

Events
4
Since
2023
  1. 11-08-2026Resignations: Anneleen Calliauw, Inge Crauwels and 2…
  2. 26-06-2025Annual accounts filed
  3. 31-12-2024Back to profit
Go to Timeline

Company details

Legal form
Non-profit association
Activity
Sports, amusement and recreation activitiesNACE 93123
Founded
16-04-2010
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure