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GRL

Active
Private limited company (pre-2019)founded 2017active for 9 yearsKBO/BCE: BE 0683.553.258
Summary

The computed 12-month bankruptcy probability of GRL is 14.3% (high). For GRL, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €19,517. Equity is growing by about 19% per year across the filed financial years. The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 28 October 2026.

Turnover
€203
EBIT margin
Not meaningful: turnover is only a small part of operating income
Net result
-€332▲ 97.8%
2022 · -€15,033
Working capital
€19,517=
2023 · €19,517
Trend over the years

2019 to 2024, 5 financial years 2018 to 2024, 6 financial years

The operating result is zero in 2023, compared with -€13,714 in 2022.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0 2023 Net result-€332 2023

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line201820192021202220232024
Turnover€203-
Operating result-€1,983-€2,001€14,747--€13,714€0
Net result-€2,154-€2,001€14,470--€15,033-€332▲ 97.8%
Equity€4,046-€8,201▲ 103%€21,801-€6,768▼ 69.0%€19,517▲ 188%€19,517=
Total assets€4,050-€23,205▲ 473%€60,569-€64,722▲ 6.9%€66,393▲ 2.6%€66,393=
Debt€4-€15,004▲ 3,751×€38,768-€57,954▲ 49.5%€46,877▼ 19.1%€46,877=
Working capital€4,046-€8,201▲ 103%€13,745-€16,620▲ 20.9%€19,517▲ 17.4%€19,517=
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €66,393
Equity €19,517 =
Debt €46,877 =
Debt's share of the balance-sheet total stays at 70.6%.
Key figures and ratios
2024 value · change against 2023
Current ratio
1.42=
2023 · 1.42
Debt to equity
2.40=
2023 · 2.40
Debt ≤ 1 year
€46,877=
2023 · €46,877
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 27 lines
Balance sheet Code20232024
Assets
Total assets20/58€66,393€66,393=
Current assets29/58€66,393€66,393=
Amounts receivable within one year40/41€58,526€58,550=
Trade receivables40€42,937€42,937=
Other amounts receivable41€15,589€15,614▲
Cash at bank and in hand54/58€7,868€7,843▼
Equity and liabilities
Total equity and liabilities10/49€66,393€66,393=
Equity10/15€19,517€19,517=
Contributions10/11€19,280€19,280=
Capital10€19,280€19,280=
Issued capital100€19,280€19,280=
Profit (loss) carried forward14€237€237=
Amounts payable17/49€46,877€46,877=
Amounts payable within one year42/48€46,877€46,877=
Trade debts44€41,182€41,182=
Suppliers440/4€41,182€41,182=
Taxes, remuneration and social security45€5,695€5,695=
Taxes450/3€5,695€5,695=
Income statement Code20232024
Gross operating margin9900€0-
Operating profit (loss)9901€0-
Financial charges65/66B€332-
Recurring financial charges65€332-
Profit (loss) for the period before taxes9903-€332-
Profit (loss) for the period9904-€332-
Profit (loss) for the period to be appropriated9905-€332-
Appropriation of the result
Profit (loss) to be appropriated9906€237€237=
Profit (loss) brought forward from the previous period14P€568€237▼

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201820192021202220232024Change
Turnover70€203------
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-€4,477----
Other operating charges640/8--€2,913€365---
Non-recurring operating charges66A---€9,636---
Gross operating margin9900-€1,983€4,849€22,137-€3,713€0--
Operating profit (loss)9901-€1,983€2,001€14,747-€13,714€0--
Recurring financial income75€0------
Financial charges65/66B--€278€319€332--
Recurring financial charges65€166-€278€319€332--
Profit (loss) for the period before taxes9903-€2,154€2,001€14,470-€14,033-€332--
Income taxes67/77€0--€1,000---
Profit (loss) for the period9904-€2,154€2,001€14,470-€15,033-€332--
Profit (loss) for the period to be appropriated9905-€2,154€2,001€14,470-€15,033-€332--
Line201820192021202220232024Change
Assets
Total assets20/58€4,050€23,205€60,569€64,722€66,393€66,393=
Formation expenses20€0------
Fixed assets21/28€0-€17,908----
Intangible fixed assets21€0------
Tangible fixed assets22/27€0-€17,908----
Furniture and vehicles24--€17,908----
Financial fixed assets28€0------
Current assets29/58€4,050€23,205€42,661€64,722€66,393€66,393=
Stocks and contracts in progress3€0------
Amounts receivable within one year40/41€824€18,230€36,980€56,878€58,526€58,550=
Trade receivables40--€24,580€44,550€42,937€42,937=
Other amounts receivable41--€12,400€12,328€15,589€15,614▲ 0.2%
Current investments50/53€0------
Cash at bank and in hand54/58€3,226€4,975€5,682€7,844€7,868€7,843▼ 0.3%
Equity and liabilities
Total equity and liabilities10/49€4,050€23,205€60,569€64,722€66,393€66,393=
Equity10/15€4,046€8,201€21,801€6,768€19,517€19,517=
Contributions10/11€6,200€6,200€6,200€6,200€19,280€19,280=
Capital10--€6,200€6,200€19,280€19,280=
Issued capital100--€18,600€18,600€19,280€19,280=
Uncalled capital101--€12,400€12,400---
Reserves13€0------
Profit (loss) carried forward14-€2,154€2,001€15,601€568€237€237=
Provisions and deferred taxes16€0------
Amounts payable17/49€4€15,004€38,768€57,954€46,877€46,877=
Amounts payable after more than one year17€0-€9,852€9,852---
Financial debts170/4--€9,852€9,852---
Amounts payable within one year42/48€4€15,004€28,916€48,102€46,877€46,877=
Current portion of amounts payable after more than one year42--€7,862----
Trade debts44€0€8,304€15,982€41,182€41,182€41,182=
Suppliers440/4--€15,982€41,182€41,182€41,182=
Taxes, remuneration and social security45--€5,072€6,920€5,695€5,695=
Taxes450/3--€5,072€6,920€5,695€5,695=
Line201820192021202220232024Change
Profit (loss) for the period9904-€2,154€2,001€14,470-€15,033-€332--
+ Depreciation and write-downs630€0-€4,477----
Operating cash flow (approximation)-€2,154€2,001€18,947-€15,033-€332--
Change in cash-€1,749-€2,162€24-€24-

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

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference
31-12-2024 micro format 03-06-2025 2025-00122932
31-12-2023 micro format 06-06-2024 2024-00118685
31-12-2022 micro format 24-07-2023 2023-00291124
31-12-2021 micro format 17-08-2022 2022-20299973
31-12-2019 micro format 27-04-2021 2021-11500509
31-12-2018 micro format 31-07-2019 2019-42100234

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.