GRS CLEANING AND CONSTRUCTION

Active

Private limited companyfounded 2021active for 5 yearsOkeleistraat 28, 3800 Sint-Truiden, BelgiumKBO/BCE: BE 0774.933.790

Summary

GRS CLEANING AND CONSTRUCTION has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9,007 and a net result of -€2,758. Equity is shrinking by about 36% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2027. Its solvency ranks better than 46% of 34,699 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Risk analysisFollow Report Compare

GRS CLEANING AND CONSTRUCTIONActiveChecked score 64/100

Risk analysis Report Compare

Activity

Other building finishing work

NACE 43350

1 site

Size

€20,665total assets 2025

Equity: €9,007
Loss: -€2,758

Turnover not published (micro format)

Financial health

64 Healthy Checked score 2025

Bankruptcy probabilitywithin 12 months: 1.2%

Structure

2025 accounts 17 days early1 deed in the Belgian Official Gazette

Why 64raises risk1 of the last 3 lateFounded in 2021Sector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 0.90, cash €5,400, halvedShow the evidence

Checked score

Score 2025

64 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Financially better than 31% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 69+8

equity 43.6% of total assets

Liquidity 54-13

short-term debt 56.3% · cash 26.1%

Profitability 9+9

return on assets -13.3%

Bankruptcy probability, 12 months

1.2% Low

0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,621 companies, NACE 43, micro)

Last 24 months 11-2024: 0.9%lowest value 12-2024: 0.9%● unchanged vs 11-2024 01-2025: 1.0%▲ +0.1 percentage points vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 1.1%▲ +0.1 percentage points vs 03-2025 05-2025: 1.7%▲ +0.6 percentage points vs 04-2025 06-2025: 1.7%● unchanged vs 05-2025highest value 07-2025: 1.5%▼ -0.2 percentage points vs 06-2025 08-2025: 1.5%● unchanged vs 07-2025 09-2025: 1.5%● unchanged vs 08-2025 10-2025: 1.4%▼ -0.1 percentage points vs 09-2025 11-2025: 1.4%● unchanged vs 10-2025 12-2025: 1.5%▲ +0.1 percentage points vs 11-2025 01-2026: 1.5%● unchanged vs 12-2025 02-2026: 1.6%▲ +0.1 percentage points vs 01-2026 03-2026: 1.6%● unchanged vs 02-2026 04-2026: 1.6%● unchanged vs 03-2026 05-2026: 1.2%▼ -0.4 percentage points vs 04-2026 06-2026: 1.2%● unchanged vs 05-2026 07-2026: 1.2%● unchanged vs 06-2026 08-2026: 1.2%● unchanged vs 07-2026 09-2026: 1.2%● unchanged vs 08-2026 10-2026: 1.2%● unchanged vs 09-2026

Credit of up to €500 on 30-day terms is acceptable

Liquidity insufficient (current ratio 0.9, compared with 0.95 in 2024, below 1; short-term debt: 56.3% and cash: 26.1% of total assets), and 56.4% 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 43, micro): better than 47% on solvency, 49% on liquidity, 11% on profitability and 16% on growth.

The bankruptcy probability was computed on 24-10-2026 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

Six signals.

lowers riskraises riskneutral

Liquidity: current ratio 0.90, cash €5,400, halved

NBB · annual accounts

1 of the last 3 late

NBB · filings

Founded in 2021

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Sector: Specialised construction activities (NACE 43)

KBO

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

22232425

2022 to 2025 · latest year -€2,758

Latest accounts filed on time

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 13-04-2026, 17 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

17 days early

2024

55 days late

2023

23 days late

2022

40 days early

← before the deadline after the deadline →

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

This company filed its last 4 accounts on average 5 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 4 May (3 of the last 4 filed years within 44 days of that day).

Companies Code · seven months

Where today falls in the filing period

30-09-2026 year end25-10-2026 today30-04-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

13-04-2026 Annual accounts filedfinancial year 2025 · micro…
24-06-2025 Annual accounts filedfinancial year 2024 · micro…
30-09-2024 Weakest financial yearnet -€8,858

Key points

Risk: 3 loss-making years in a rowloss financial year 2025 -€2,758 View
Caution: Among the weakest 16% on equitysector median €57,810 · 34,711 companies €9,007 View
Total assets 20254 financial years filed €20,665 View

By topic

Financials

Financial year: 2025
Total assets: €20,665
Loss: -€2,758
Solvency: 43.6%

Total assets▼ 36.0%

Net result

20222025

Go to Financials

Timeline

Events: 5
Since: 2023
Next accounts: by 30-04-2027

23-05-2024Annual accounts filed
21-03-2023Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Other building finishing workNACE 43350
Founded: 01-10-2021
Year ends: 30-09
Peppol: Reachable for e-invoices

Go to Company details

Key facts about GRS CLEANING AND CONSTRUCTION

What is the company number of GRS CLEANING AND CONSTRUCTION?: 0774.933.790. In Belgium the VAT number is the company number with BE in front: BE 0774.933.790.
Where is GRS CLEANING AND CONSTRUCTION based?: The registered office is at Okeleistraat 28, 3800 Sint-Truiden.Company details
What does GRS CLEANING AND CONSTRUCTION do?: According to the KBO register, the main activity is other building finishing work (NACE 43350).
What is the legal form of GRS CLEANING AND CONSTRUCTION?: Private limited company (BV).
When was GRS CLEANING AND CONSTRUCTION founded?: On 01-10-2021.
Is GRS CLEANING AND CONSTRUCTION still active?: Yes, GRS CLEANING AND CONSTRUCTION is an active enterprise in the KBO register.
What is the turnover of GRS CLEANING AND CONSTRUCTION?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is GRS CLEANING AND CONSTRUCTION profitable?: In financial year 2025, GRS CLEANING AND CONSTRUCTION made a loss of €2,758.
Where can I find the annual accounts of GRS CLEANING AND CONSTRUCTION?: GRS CLEANING AND CONSTRUCTION filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GRS CLEANING AND CONSTRUCTION due?: By 30-04-2027, for financial year 2026.Timeline

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Overview