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grove lust

Active
Private limited companyfounded 20187 yrs activeStatielei 29, 2140 Antwerpen, BelgiumKBO/BCE: BE 0707.669.042

grove lust has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €43k and a net result of €24k. Equity is growing by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 35% of 6967 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Checked score

Score 2025
81 / 100
Excellent▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency63▲+40
Growth78=
Stability100
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.4 against 1.01 in 2024), and 65.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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
elevated failure risk from 2 to 8 years 7 years 0 10 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
34.7%
Return on assets
19.6%
Age of the figures
8 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 03-06-2026, 58 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
58 d early
2024
59 d early
2023
54 d early
2022
35 d early
2021
45 d early
2020
61 d early
2019
59 d early
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
15-09-2026 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

Financials · fiscal year 2025, micro schema

Equity
€43k▲ 130%
2024 · €19k
2019: €7k 2020: €29k 2021: €51k 2022: €41k 2023: €48k 2024: €19k
2019 → 2025
Total assets
€123k▲ 13.3%
2024 · €109k
2019: €33k 2020: €37k 2021: €73k 2022: €96k 2023: €106k 2024: €109k
2019 → 2025
Net result
€24k▼ 18.2%
2024 · €30k
2019: €1k 2020: €21k 2021: €10k 2022: €-10k 2023: €23k 2024: €30k
2019 → 2025
Working capital
€33k▲ 2,407%
2024 · €1k
2019: €4k 2020: €26k 2021: €45k 2022: €31k 2023: €32k 2024: €1k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€51k-€41k▼ 19.3%€48k▲ 17.7%€19k▼ 61.6%€43k▲ 130%
Operating result€14k-€-9k€30k€39k▲ 30.2%€30k▼ 24.2%
Net result€10k-€-10k€23k€30k▲ 29.9%€24k▼ 18.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40kOperating result 2021: €14k€14kNet result 2021: €10k€10kOperating result 2022: €-9k€-9kNet result 2022: €-10k€-10kOperating result 2023: €30k€30kNet result 2023: €23k€23kOperating result 2024: €39k€39kNet result 2024: €30k€30kOperating result 2025: €30k€30kNet result 2025: €24k€24k20212022202320242025
The operating result falls in 2025; 2025 is 24% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €123k
Fixed assets €10k▼ 49.5%
Current assets €113k▲ 27.6%
Equity and liabilities €123k
Equity €43k▲ 130%
Debt €81k▼ 10.7%
The debt ratio falls from 82.9% to 65.3%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€40k
2024 · €49k
Cash flow
€34k
2024 · €39k
Solvency
34.7%
2024 · 17.1%
Current ratio
1.40
2024 · 1.01
Quick ratio
1.40
2024 · 1.01
Debt / equity
1.89
2024 · 4.86
ROE
56.5%
2024 · 158.8%
ROA
19.6%
2024 · 27.1%
Interest coverage
62.79
2024 · 60.90
Debt
€81k
2024 · €90k
Debt ≤ 1 year
€81k
2024 · €87k
Debt > 1 year
€0
2024 · €3k
Income taxes
€8k
2024 · €9k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€109k€123k
Fixed assets21/28€20k€10k
Tangible fixed assets22/27€20k€10k
Furniture and vehicles24€19k€10k
Other tangible fixed assets26€735€232
Current assets29/58€89k€113k
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Amounts receivable within one year40/41€45k€14k
Trade receivables40€44k€14k
Other amounts receivable41€1k€244
Cash at bank and in hand54/58€41k€97k
Deferred charges and accrued income490/1€3k€2k
Equity and liabilities
Total equity and liabilities10/49€109k€123k
Equity10/15€19k€43k
Contributions10/11€19k€19k=
Reserves13€0-
Distributable reserves133€0-
Profit (loss) carried forward14€0€24k
Amounts payable17/49€90k€81k
Amounts payable after more than one year17€3k€0
Financial debts170/4€3k€0
Amounts payable within one year42/48€87k€81k
Current portion of amounts payable after more than one year42€7k€3k
Trade debts44€16k€18k
Suppliers440/4€16k€18k
Taxes, remuneration and social security45€3k€9k
Taxes450/3€3k€9k
Other amounts payable47/48€61k€51k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k
Other operating charges640/8€1k€909
Gross operating margin9900€51k€41k
Operating profit (loss)9901€39k€30k
Financial income75/76B€211€3k
Recurring financial income75€211€3k
Financial charges65/66B€808€635
Recurring financial charges65€808€635
Profit (loss) for the period before taxes9903€39k€32k
Income taxes67/77€9k€8k
Profit (loss) for the period9904€30k€24k
Profit (loss) for the period to be appropriated9905€30k€24k
Appropriation of the result
Profit (loss) to be appropriated9906€59k€24k
Profit (loss) brought forward from the previous period14P€30k€0
Transfer from equity791/2€62€0
Profit to be distributed694/7€59k€0
Return on contributions (dividend)694€59k€0

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
03-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
02-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2019net €30k ▲29.9%
Operating result €39k, net result €30k, both a record.
07-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €23k
Net result €23k after one loss-making year.
26-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet €-10k ▼199%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
16-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Liquidity quadruplescurrent ratio 4.11
Current ratio from 1.16 to 4.11; short-term debt falls from €26k to €8k.
02-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Antwerpen · 2 establishment units since 2018
establishment All 2 establishment units on the map
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.

Statielei 292140 Antwerpen
Ground area
148 m²
Building footprint
149 m²
Volume, LiDAR
1,319 m³
2 parcels, Flanders · tallest building 14.3 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
Statielei 29, 2140 Antwerpen
Manufacture of textiles
since 20182.280.281.146
Zeilstraat 29, 2060 Antwerpen
Manufacture of textiles
since 20212.330.878.524
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11805E0395/00V005 Flanders 77 m² 1 · 89 m² 14.3 m · 3 fl.
11312A0117/00T000 Flanders 71 m² 1 · 61 m² 11.6 m · 4 fl.
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

Of 13,391 companies in sector 73300 we hold annual accounts for 6,882. 5,410 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded02-10-2018
Fiscal year end31-12
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.