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Grohe Granits

Active
Private limited company (pre-2019)founded 2017active for 9 yearsRue du Riau(LEV) 22, 7134 Binche, BelgiumKBO/BCE: BE 0679.632.181

From the official registers: KBO 8 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of Grohe Granits is 6.5% (elevated). The 2024 annual accounts show equity of €1,605 and a net result of €3,175. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 10% of 35,970 sector peers (NACE 43, financial year 2024). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 07-08-2017 Normal situation
Legal form
Private limited company (pre-2019)
Registered office
Rue du Riau(LEV) 22, 7134 Binche
Activity
Other specialised construction activities NACE 43990and 3 others
Establishment unit
2.267.131.411 7134 Binche, since 07-08-2017
Financial year end
31 December
Peppol
Reachable since 23-12-2025

Financial position

35 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
6.5%
Annual accounts 2024
Gross margin
€23,421
▲ 118%
Turnover
≈ €320,000
estimated
Profit
€3,175
Equity
€1,605
Total assets
€82,451
▼ 65.1%
2025 accounts not filed, 93 days past the deadline
Filed on 28-12-2025PDF
Score breakdownraises riskFigures for financial year 2024 (filed on 29-12-2025)1 financial year not filed after the legal deadline; last filed accounts filed 150 days late; 3 of the last 3 accounts lateFounded in 2017lowers riskSize: total assets €82,451Show the evidence

Checked score

Score 2024
35 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 39% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2023
Weak
Solvency 27+3
equity 1.9% of total assets
Liquidity 9+9
short-term debt 86.1% · cash 5.5%
Profitability 74+44
return on assets 3.9%
Bankruptcy probability within 12 months
6.5% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 7.7% 12-2024: 8.9%▲ +1.2 percentage points vs 11-2024 01-2025: 6.8%▼ -2.1 percentage points vs 12-2024 02-2025: 6.8%● unchanged vs 01-2025 03-2025: 6.8%● unchanged vs 02-2025 04-2025: 6.5%▼ -0.3 percentage points vs 03-2025 05-2025: 6.4%▼ -0.1 percentage points vs 04-2025 06-2025: 6.1%▼ -0.3 percentage points vs 05-2025 07-2025: 5.6%▼ -0.5 percentage points vs 06-2025 08-2025: 6.1%▲ +0.5 percentage points vs 07-2025 09-2025: 6.3%▲ +0.2 percentage points vs 08-2025 10-2025: 8.4%▲ +2.1 percentage points vs 09-2025 11-2025: 8.5%▲ +0.1 percentage points vs 10-2025 12-2025: 9.6%▲ +1.1 percentage points vs 11-2025highest value 01-2026: 3.2%▼ -6.4 percentage points vs 12-2025 02-2026: 3.2%● unchanged vs 01-2026 03-2026: 3.2%● unchanged vs 02-2026 04-2026: 3.2%● unchanged vs 03-2026 05-2026: 3.1%▼ -0.1 percentage points vs 04-2026 06-2026: 3.0%▼ -0.1 percentage points vs 05-2026 07-2026: 3.0%● unchanged vs 06-2026lowest value 08-2026: 3.5%▲ +0.5 percentage points vs 07-2026 09-2026: 4.1%▲ +0.6 percentage points vs 08-2026 10-2026: 6.5%▲ +2.4 percentage points vs 09-2026
No publishable credit limit, so credit only on tighter terms
Liquidity is insufficient, with a current ratio of 0.72 (0.86 in 2023), below 1. Short-term debt is 86.1% and cash 5.5% of total assets. 98.1% of the assets are financed with debt and provisions.
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 43, micro). It does better than 9% of them on solvency, 6% on liquidity, 46% on profitability and 96% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

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).

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Signals

Seven signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 29-12-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 150 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Founded in 2017
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €82,451
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 35970 sector peers (2024).
NBB · sector comparison
Position among 35970 sector peers
Solvency
better than 10%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 8 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 150 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-12-2025, 150 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 8 filings
Deviation from the deadline
2025
not filed
2024
150 days late
2023
153 days late
2022
139 days late
2021
67 days late
2020
86 days late
2019
89 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 114 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower solvency than 90% of companies in specialised constructionsector median 46.6% · 35,970 companies 1.9% View

Documents

Annual accounts at the NBB

All 8 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Grohe Granits

What is the company number of Grohe Granits?
The company number of Grohe Granits is 0679.632.181. The VAT number is the same number with BE in front: BE 0679.632.181.
Where is Grohe Granits based?
The registered office is at Rue du Riau(LEV) 22, 7134 Binche.Company details
What does Grohe Granits do?
According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of Grohe Granits?
The legal form of Grohe Granits is Private limited company (pre-2019) (BVBA).
When was Grohe Granits founded?
Grohe Granits was founded on 07-08-2017.
Is Grohe Granits still active?
Yes, Grohe Granits is an active enterprise in the KBO register.
What is the turnover of Grohe Granits?
The turnover in financial year 2024 is ≈ €320,000. This figure is estimated from the gross margin of €23,421 and 205 comparable companies (NACE 43990). It probably lies between €170,000 and €620,000. It is a rough estimate. In financial year 2021 turnover was €146,066.Financials
Is Grohe Granits profitable?
In financial year 2024, Grohe Granits made a profit of €3,175.
Where can I find the annual accounts of Grohe Granits?
Grohe Granits filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

Comparable companies

These companies have the same main activity as Grohe Granits: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €78,700 and €102,000, founded between 2017 and 2018.

CompanyTotal assetsGross margin
Grohe Granits Binche€82,451€23,421
AGILCO La Louvière€101,723€25,225
THE ECLIPSE Hasselt€83,236€23,199
VALY CARRO Anderlecht€78,659€21,685
CKM Overijse€81,471€21,542
ATU CONSTRUCT Koekelberg€82,244€24,351
AS MIHALI Anderlecht€81,390€28,143
Full comparison

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