GRONICO

Active

Private limited companyfounded 1977active for 49 yearsIndustrieweg 1080, 3540 Herk-de-Stad, BelgiumKBO/BCE: BE 0417.572.429

Summary

GRONICO has been active since 1977 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €398,237 and a net result of -€6,375. Equity is growing by about 3% per year across the filed financial years. Its solvency ranks better than 90% of 13,660 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow Report Compare

GRONICOActiveChecked score 95/100

Risk analysis Report Compare

Activity

Wholesale of non-electrical household articles

NACE 46494

4th oldest company in Herk-de-Stad, Wholesale and retail trade sector1 site

Size

≈ €370,000turnover 2025, estimated

Staff: 1.5 FTE
Equity: €398,237
Loss: -€6,375

Turnover estimated from the gross margin

Financial health

95 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: < 0.1%

Structure

2025 accounts 11 days early2 of 5 deeds summarised

Why 95lowers riskLiquidity: current ratio 7.96, cash €102,045, halvedFounded in 1977Equity €398,237 (88.9% of total assets)Size: total assets €448,157Show the evidence

Checked score

Score 2025

95 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 57% of its sector peers (NACE 46, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 100=

equity 88.9% of total assets

Liquidity 78-20

short-term debt 10.9% · cash 22.8%

Profitability 17-55

return on assets -1.4%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,889 companies, NACE 46, micro)

Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 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: < 0.1%● unchanged vs 06-2025highest value 08-2025: < 0.1%● unchanged 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 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026lowest value 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

Credit of up to €35,000 on 30-day terms is acceptable

Liquidity ample (current ratio 7.96, compared with 6.53 in 2024, above the usual 1.5; short-term debt: 10.9% and cash: 22.8% of total assets), and 11.1% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 90% on solvency, 81% on liquidity, 21% on profitability and 36% on growth.

The bankruptcy probability was computed on 28-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskneutral

Liquidity: current ratio 7.96, cash €102,045, halved

NBB · annual accounts

Founded in 1977

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Equity €398,237 (88.9% of total assets)

NBB · annual accounts

Size: total assets €448,157

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-07-2026, 11 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

11 days early

2024

16 days early

2023

43 days early

2022

33 days early

2021

13 days early

2020

33 days early

2019

37 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 27 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)

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 15 July (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

29-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

31-08-2026 Resignations: Inge SIMONS (director) and Peter…Appointments: Kristel VERNIJNS (vervangend bestuurder)…
20-07-2026 Annual accounts filedfinancial year 2025 · micro…
15-07-2025 Annual accounts filedfinancial year 2024 · micro…

Key points

Positive: Among the best 10% on equitysector median €56,579 · 13,690 companies €398,237 View
Board changedlatest change 27-07-2026 · 3 in office 2 joined · 2 left View
Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Active since 1977founded 31-08-1977 49 years View

By topic

Financials

Financial year: 2025
Total assets: €448,157
Loss: -€6,375
Solvency: 88.9%

Total assets▼ 4.1%

Net result

20182025

Go to Financials

Board & ownership

Board: 3 members

Gert PEETERSEMDirector
Kristel VERNIJNSDirector
NICKMANS Peter Clement MarthaDirector

Go to Board & ownership

Timeline

Events: 53
Since: 1979
Next accounts: by 31-07-2027

31-12-2024Back to profit
18-06-2024Annual accounts filed
20-12-2023Resignation: NICKMANS Peter Clement Martha (manager)

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Wholesale of non-electrical household articlesNACE 46494
Founded: 31-08-1977
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 29

Who signs: Each director alone
Annual meeting: Third Saturday of June at 17:00

Go to Articles of association

Key facts about GRONICO

What is the company number of GRONICO?: 0417.572.429. In Belgium the VAT number is the company number with BE in front: BE 0417.572.429.
Where is GRONICO based?: The registered office is at Industrieweg 1080, 3540 Herk-de-Stad.Company details
What does GRONICO do?: According to the KBO register, the main activity is wholesale of non-electrical household articles (NACE 46494).
What is the legal form of GRONICO?: Private limited company (BV).
When was GRONICO founded?: On 31-08-1977.
Is GRONICO still active?: Yes, GRONICO is an active enterprise in the KBO register.
How many employees does GRONICO have?: On average 1.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of GRONICO?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is GRONICO profitable?: In financial year 2025, GRONICO made a loss of €6,375.
Where can I find the annual accounts of GRONICO?: GRONICO filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GRONICO due?: By 31-07-2027, for financial year 2026.Timeline