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Gritful

Active
Private limited companyfounded 20223 yrs activePopulierenstraat 62, 3560 Lummen, BelgiumKBO/BCE: BE 0792.995.289
Summary

The computed 12-month bankruptcy probability of Gritful is 5.6% (elevated). The 2024 annual accounts show negative equity (-€1,515) and a net result of -€3,942. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability0▼-33
Solvency17▼-16
Growth32
Track record94
Bankruptcy probability, 12 months
5.6% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.93 against 1.08 in 2023; short-term debt: 107.8% and cash: 22.9% of total assets), and equity is negative.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 2024
Solvency, return and age of the figures
Solvency
-7.8%
Return on assets
-20.2%
Age of the figures
21 mo
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 16-06-2026, 45 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
45 d early
2024
20 d early
2023
on the day
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 22 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 11 July (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
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

History

On 28 October 2022, Gritful was incorporated as a Private limited company.1 The company has filed 3 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2024, micro schema

Equity
-€1,515
2023 · €2,427
Total assets
€19,533▼ 37.2%
2023 · €31,124
Net result
-€3,942▼ 588%
2023 · -€573
Working capital
-€1,515
2023 · €2,427
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result-€458--€3,829▼ 735%
Net result-€573--€3,942▼ 588%
Equity€2,427--€1,515
Total assets€31,124-€19,533▼ 37.2%
Debt€28,697-€21,048▼ 26.7%
Working capital€2,427--€1,515
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€4,000-€3,000-€2,000-€1,000€0Operating result 2023: -€458-€458Net result 2023: -€573-€573Operating result 2024: -€3,829-€3,829Net result 2024: -€3,942-€3,94220232024-€4,000-€3,000-€2,000-€1,000€0Operating result 2023: -€458-€458Net result 2023: -€573-€573Operating result 2024: -€3,829-€3,830Net result 2024: -€3,942-€3,94020232024
The operating result stays negative: a loss of €3,829 in 2024 against €458 in 2023; the loss grows.
Key figures and ratios
2024 value · change against 2023
Solvency
-7.8%▼
2023 · 7.8%
Current ratio
0.93▼
2023 · 1.08
Debt to equity
-13.90▼
2023 · 11.82
ROA
-20.2%▼
2023 · -1.8%
Debt ≤ 1 year
€21,048▼
2023 · €28,697
Income taxes
€0▼
2023 · €54
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.9% went bankrupt
5.6% stopped otherwise
85% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 5.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,638 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 31 lines
Balance sheet Code20232024
Assets
Total assets20/58€31,124€19,533▼
Current assets29/58€31,124€19,533▼
Amounts receivable within one year40/41€30,104€15,026▼
Trade receivables40€30,104€14,820▼
Other amounts receivable41-€206
Cash at bank and in hand54/58€129€4,464▲
Deferred charges and accrued income490/1€892€43▼
Equity and liabilities
Total equity and liabilities10/49€31,124€19,533▼
Equity10/15€2,427-€1,515▼
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14-€573-€4,515▼
Amounts payable17/49€28,697€21,048▼
Amounts payable within one year42/48€28,697€21,048▼
Trade debts44€27,707€15,994▼
Suppliers440/4€27,707€15,994▼
Taxes, remuneration and social security45€990€54▼
Taxes450/3€990€54▼
Other amounts payable47/48-€5,000
Income statement Code20232024
Other operating charges640/8€102€102▲
Gross operating margin9900-€356-€3,727▼
Operating profit (loss)9901-€458-€3,829▼
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€61€113▲
Recurring financial charges65€61€113▲
Profit (loss) for the period before taxes9903-€518-€3,942▼
Income taxes67/77€54€0▼
Profit (loss) for the period9904-€573-€3,942▼
Profit (loss) for the period to be appropriated9905-€573-€3,942▼
Appropriation of the result
Profit (loss) to be appropriated9906-€573-€4,515▼
Profit (loss) brought forward from the previous period14P--€573

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Other operating charges640/8€102€102▲ 0.3%
Gross operating margin9900-€356-€3,727▼ 946%
Operating profit (loss)9901-€458-€3,829▼ 735%
Financial income75/76B€1€0▼ 100%
Recurring financial income75€1€0▼ 100%
Financial charges65/66B€61€113▲ 86.8%
Recurring financial charges65€61€113▲ 86.8%
Profit (loss) for the period before taxes9903-€518-€3,942▼ 661%
Income taxes67/77€54€0▼ 100%
Profit (loss) for the period9904-€573-€3,942▼ 588%
Profit (loss) for the period to be appropriated9905-€573-€3,942▼ 588%
Line20232024Change
Assets
Total assets20/58€31,124€19,533▼ 37.2%
Current assets29/58€31,124€19,533▼ 37.2%
Amounts receivable within one year40/41€30,104€15,026▼ 50.1%
Trade receivables40€30,104€14,820▼ 50.8%
Other amounts receivable41-€206-
Cash at bank and in hand54/58€129€4,464▲ 3,372%
Deferred charges and accrued income490/1€892€43▼ 95.2%
Equity and liabilities
Total equity and liabilities10/49€31,124€19,533▼ 37.2%
Equity10/15€2,427-€1,515▼ 162%
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14-€573-€4,515▼ 688%
Amounts payable17/49€28,697€21,048▼ 26.7%
Amounts payable within one year42/48€28,697€21,048▼ 26.7%
Trade debts44€27,707€15,994▼ 42.3%
Suppliers440/4€27,707€15,994▼ 42.3%
Taxes, remuneration and social security45€990€54▼ 94.5%
Taxes450/3€990€54▼ 94.5%
Other amounts payable47/48-€5,000-
Line20232024Change
Profit (loss) for the period9904-€573-€3,942▼ 588%
Operating cash flow (approximation)-€573-€3,942▼ 588%
Change in cash-€4,336-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
16-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
11-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 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, Lummen · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
1,026 m²
Building footprint
156 m²
Parcel 71542D1005/00K000, Flanders. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
Gritful
Populierenstraat 62, 3560 LummenPrinting and reproduction of recorded media
since 20222.340.202.501
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71542D1005/00K000 Flanders 1,025 m² 1 · 156 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded28-10-2022
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0792995289
Registered 13-03-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.