GRIP-GEAR
ActiveGRIP-GEAR has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €28k and a net result of €14k. Equity is growing by ~71.7% per year across the filed fiscal years. Its solvency ranks better than 30% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability75▲+5
Solvency35▲+5
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.34 against 0.53 in 2023; short-term debt: 24.9% and cash: 7.1% of total assets), and 90.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
9.8%
Return on assets
5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
26 d late
2022
29 d late
2021
60 d late
2020
31 d late
2019
61 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€28k▲ 105%
2023 · €14k
2019: €-10k
2020: €-4k
2021: €-2k
2022: €11k
2023: €14k
2019 → 2024
Total assets
€288k▲ 4.7%
2023 · €275k
2019: €298k
2020: €335k
2021: €279k
2022: €263k
2023: €275k
2019 → 2024
Net result
€14k▲ 423%
2023 · €3k
2019: €17k
2020: €6k
2021: €2k
2022: €13k
2023: €3k
2019 → 2024
Working capital
€24k
2023 · €-40k
2019: €-18k
2020: €-19k
2021: €-16k
2022: €5k
2023: €-40k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-4k-€-2k▲ 55.8%€11k€14k▲ 25.1%€28k▲ 105%
Operating result€10k-€6k▼ 39.8%€15k▲ 151%€5k▼ 62.8%€16k▲ 201%
Net result€6k-€2k▼ 64.6%€13k▲ 516%€3k▼ 78.2%€14k▲ 423%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 201% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €288k
Fixed assets
€192k▼ 16.5%
Current assets
€96k▲ 113%
Equity and liabilities €288k
Equity
€28k▲ 105%
Debt
€260k▼ 0.6%
The debt ratio falls from 95.0% to 90.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€36k▲
2023 · €23k
Cash flow
€34k▲
2023 · €21k
Solvency
9.8%▲
2023 · 5.0%
Current ratio
1.34▲
2023 · 0.53
Quick ratio
0.78▲
2023 · 0.27
Debt / equity
9.17▼
2023 · 18.89
ROE
51.2%▲
2023 · 20.0%
ROA
5.0%▲
2023 · 1.0%
Interest coverage
18.22▲
2023 · 8.67
Debt
€260k▼
2023 · €261k
Debt ≤ 1 year
€72k▼
2023 · €85k
Debt > 1 year
€165k▼
2023 · €176k
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€275k€288k▲
Fixed assets21/28€230k€192k▼
Tangible fixed assets22/27€230k€192k▼
Land and buildings22€178k€168k▼
Plant, machinery and equipment23-€3k
Furniture and vehicles24€53k€21k▼
Current assets29/58€45k€96k▲
Stocks and contracts in progress3€22k€40k▲
Stocks30/36€22k€40k▲
Amounts receivable within one year40/41€12k€35k▲
Trade receivables40€11k€35k▲
Other amounts receivable41€196€16▼
Cash at bank and in hand54/58€11k€21k▲
Deferred charges and accrued income490/1€356-
Equity and liabilities
Total equity and liabilities10/49€275k€288k▲
Equity10/15€14k€28k▲
Contributions10/11€19k€19k=
Reserves13-€10k
Distributable reserves133-€10k
Profit (loss) carried forward14€-5k-
Amounts payable17/49€261k€260k▼
Amounts payable after more than one year17€176k€165k▼
Financial debts170/4€176k€165k▼
Amounts payable within one year42/48€85k€72k▼
Current portion of amounts payable after more than one year42€11k€13k▲
Financial debts43€979-
Credit institutions430/8€979-
Trade debts44€27k€28k▲
Suppliers440/4€27k€28k▲
Taxes, remuneration and social security45€373€6k▲
Taxes450/3€373€3k▲
Remuneration and social security454/9-€3k
Other amounts payable47/48€46k€26k▼
Accrued charges and deferred income492/3-€23k
Income statement
Code20232024
Non-recurring operating income76A€7k€8k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€19k▲
Other operating charges640/8€3k€4k▲
Gross operating margin9900€26k€40k▲
Operating profit (loss)9901€5k€16k▲
Financial income75/76B€1€53▲
Recurring financial income75€1€53▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€3k€14k▲
Profit (loss) for the period9904€3k€14k▲
Profit (loss) for the period to be appropriated9905€3k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€10k▲
Profit (loss) brought forward from the previous period14P€-8k€-5k▲
Transfer to equity691/2-€10k
To other reserves6921-€10k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Liquidity triplescurrent ratio 1.34
Current ratio from 0.53 to 1.34; short-term debt falls from €85k to €72k.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
31-12
Financial
Weakest financial yearnet €2k ▼64.6%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
18-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 18 days late
2017
18-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
20-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
11-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Hamont-Achel · 1 establishment unit since 2010
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.
Buitenheide 2/a3930 Hamont-AchelGround area
9,193 m²
Building footprint
2,055 m²
Volume, LiDAR
4,822 m³
2 parcels, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
JETSKI PLAZA
since 20102.191.500.610
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72001A0053/00R000 | Flanders | 5,888 m² | 1 · 742 m² | 7.9 m · 2 fl. |
| 72001A1356/00A000 | Flanders | 3,305 m² | 1 · 1,313 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
APOTHEOSE
BE 1011.102.264
Thuin · Eq €28k
VERMA
BE 0436.197.716
Sint-Lambrechts-Woluwe · Eq €28k
NATURATHOME
BE 0550.607.335
Wavre · Eq €28k
FILIP WILLEMS
BE 0475.647.220
Sint-Katelijne-Waver · Eq €29k
YOTHI
BE 0748.652.037
Liège · Eq €28k
Of 4,245 companies in sector 47789 we hold annual accounts for 1,020. 696 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-07-2010
Fiscal year end31-12
Trade name NL
JETSKI PLAZA
Activities, NACEBEL
47789Other retail sale of new goods
13929Manufacture of textiles
33150Repair, maintenance and installation of machinery and equipment
47820Retail sale of motor vehicle parts and accessories
47639Retail sale of other sporting goods
47640Retail trade
95290Repair and maintenance of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.