Equity
€117,598 ▼ 60.0%
GRIP paid out €275,270 in dividends. That is 278% of the 2025 profit.
GRIP
Lifetime
9 annual accounts with figures on one time axispeak €369,503 (2024)
€299,196▼ 19.0%
peak €215,473 (2022)
€98,998▼ 42.6%
peak €293,870 (2024)
€117,598▼ 60.0%
€749,026▲ 25.1%
Board1 name since 2017
1 directorVERHERBRUGGE Alexander Jacob Bastiaan
Documentsfilings and deeds
24-07-20267 days before the deadline
2025micro format
Gross margin from €369,503 to €299,196Result from €172,553 to €98,998Dividend €275,270Equity from €293,870 to €117,598Debts from €598,638 to €749,026
Key points
from the 2025 annual accountsTurnover
≈ €600,000 estimated
The accounts state no turnover.
Debts
€749,026 86% of the balance sheet
Financial debts 27%Suppliers 4%Taxes and wages 13%Other 55%
Of this, €544,552 falls due within a year.
Staff
2 employees on 31-12-2025
In 2025, 1 person joined and 1 left.
Liquidity
0.77 was 1.54 in 2024
Short-term debts rose from €302,727 to €544,552.
Position in the sector
€299,196
Higher gross margin than 89% of companies in research and development. Sector median €67,481 · 620 companies.
Checked score
90
Excellent
Financially stronger than 28% of micro companies in research and development (NACE 72)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 932 companies (NACE 72, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.2%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.1%▼ -0.1 percentage points vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025lowest value
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Equity €117,598 (13.6% of total assets)
lowers risk
Size: total assets €866,624
Figures for financial year 2025 (filed on 24-07-2026)
Sector: Scientific research and development (NACE 72)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 72, micro). It does better than 26% of them on solvency, 13% on liquidity, 60% on profitability and 14% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,713 companies had the same profile as GRIP has now. Each dot stands for 17 companies, two years later.
95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of GRIP itself is lower: 0.1% within 12 months. It rests on far more data about GRIP than the profile alone.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,713 companies, not a prediction for GRIP. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.77 (1.54 in 2024), below 1. Short-term debt is 62.8% and cash 9.3% of total assets. 86.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 620 sector peers (2025).
NBB · sector comparisonPosition among 620 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
7 days early
2024
29 days early
2023
54 days early
2022
49 days early
2021
22 days late
2020
15 days early
2019
7 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 18 days before the deadline. In the sector (NACE 72), the median for financial year 2024 was 13 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 2 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0675579264
Legal-form change · Resignations & appointments
General meeting of 08-10-2020 · Gazette deed
Registered office moved from Herent to Wezemaal
New registered office: Abdijlaan 30 te 3111 Wezemaal · Previous registered office: Winkselsesteenweg 49 te 3020 Herent · Board meeting of 01-11-2018 · Gazette deed
Incorporation
Founder: VERHERBRUGGE Alexander Jacob Bastiaan · Founding capital of €18,600, 186 shares, €12,400 paid up · Appointment: VERHERBRUGGE Alexander Jacob Bastiaan (manager) · published on 12-05-2017 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GRIP Rotselaar | €866,624 | €299,196 | 13.6% | - |
| SciMedBE Leuven | €777,944 | €356,779 | -56.7% | - |
| RIPEnergy Liège | €884,389 | €252,845 | 31.2% | 1 |
| FLGM CONSULTING Burdinne | €912,045 | €272,185 | 93.3% | - |
| Dr. Pollet Filip Huisarts Torhout | €733,896 | €286,076 | 77.2% | - |
| REVISION IMPLANT Oud-Heverlee | €752,620 | €433,649 | 51.4% | - |
| DGBO Oud-Turnhout | €880,605 | €538,264 | 18.7% | - |
These companies have the same main activity as GRIP: other research and development on natural sciences (NACE 72109). They are comparable in size and age: total assets between €734,000 and €912,000, founded between 2015 and 2019.
Official details
Source: KBO- Status
- Active since 10-05-2017Normal situation
- Activity
- Other research and development on natural sciencesNACE 72109and 1 other
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.265.290.0923111 Rotselaar, since 10-05-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 17-03-2025
Annual accounts 2025
- €866,624▼ 2.9%
- Employeeson 31-12-2025
- 2=
- Filing
- Filed on 24-07-2026, 7 days before the end of the filing period
Insights on GRIP
GRIP files the micro format. That format states no turnover. The gross margin rose from €34,389 in 2017 to €299,196 in 2025.
The balance sheet grew most from 2021 to 2023 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GRIP
- What is the company number of GRIP?
- The company number of GRIP is 0675.579.264. The VAT number is the same number with BE in front: BE 0675.579.264.
- Where is GRIP based?
- The registered office is at Abdijlaan 30, 3111 Rotselaar.Company details
- What does GRIP do?
- According to the KBO register, the main activity is other research and development on natural sciences (NACE 72109).
- What is the legal form of GRIP?
- GRIP is a private limited company (BV).
- When was GRIP founded?
- GRIP was founded on 10-05-2017.
- Is GRIP still active?
- Yes, GRIP is an active enterprise in the KBO register.
- How many employees does GRIP have?
- GRIP had an average of 2.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does GRIP fall under?
- In its 2025 annual accounts, GRIP states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of GRIP?
- The turnover in financial year 2025 is ≈ €600,000. This figure is estimated from the gross margin of €299,196 and 878 comparable companies of the same size. It probably lies between €420,000 and €880,000. It is a rough estimate.
- Is GRIP profitable?
- In financial year 2025, GRIP made a profit of €98,998.
- Where can I find the annual accounts of GRIP?
- GRIP filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GRIP due?
- GRIP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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