GRUUN
Bankruptcy closedInactive since 20-04-2026; last annual accounts for fiscal year 2023.
Summary
GRUUN was declared bankrupt on 11-03-2025 (Ondernemingsrechtbank Brussel); the bankruptcy was closed by liquidation by judgment of 15-04-2026, published in the Belgian State Gazette on 24-04-2026.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 23-04-2024, 7 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
7 d early
2022
2 d early
2021
1 d early
2020
2 d early
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, abbreviated schema
Equity
€-6k▼ 482%
2022 · €-1k
2019: €10k
2020: €19k
2021: €37k
2022: €-1k
2019 → 2023
Total assets
€53k▼ 28.1%
2022 · €74k
2019: €52k
2020: €64k
2021: €88k
2022: €74k
2019 → 2023
Net result
€-5k▲ 86.0%
2022 · €-38k
2019: €-8k
2020: €9k
2021: €18k
2022: €-38k
2019 → 2023
Working capital
€-19k▲ 10.3%
2022 · €-22k
2019: €-1k
2020: €6k
2021: €25k
2022: €-22k
2019 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€10k-€19k▲ 85.2%€37k▲ 97.7%€-1k€-6k▼ 482%
Operating result€-4k-€12k€30k▲ 141%€-33k€872
Net result€-8k-€9k€18k▲ 112%€-38k€-5k▲ 86.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €872 after a loss of €33k in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €53k
Fixed assets
€13k ▼ 47.2%
Current assets
€40k ▼ 18.1%
Key figures and ratios
EBITDA
€6k▲
2022 · €-25k
Cash flow
€-597▲
2022 · €-30k
Solvency
-12.2%▼
2022 · -1.5%
Current ratio
0.67▼
2022 · 0.69
Quick ratio
0.39▲
2022 · 0.32
Debt to equity
-9.17▲
2022 · -67.19
ROA
-10.1%▲
2022 · -52.1%
Interest coverage
0.90▲
2022 · -4.26
Debt
€59k▼
2022 · €75k
Debt ≤ 1 year
€59k▼
2022 · €71k
Debt > 1 year
€0▼
2022 · €4k
Income taxes
€0▼
2022 · €5
Staff costs
€54k▼
2022 · €75k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 56 lines
Balance sheet
Code20222023
Assets
Total assets20/58€74k€53k▼
Formation expenses20€274€0▼
Fixed assets21/28€25k€13k▼
Intangible fixed assets21€702€229▼
Tangible fixed assets22/27€24k€13k▼
Land and buildings22€11k€9k▼
Plant, machinery and equipment23€7k€705▼
Furniture and vehicles24€6k€3k▼
Current assets29/58€49k€40k▼
Stocks and contracts in progress3€26k€17k▼
Stocks30/36€26k€17k▼
Amounts receivable within one year40/41€257€1k▲
Trade receivables40€0€512▲
Other amounts receivable41€257€951▲
Cash at bank and in hand54/58€18k€21k▲
Deferred charges and accrued income490/1€5k€741▼
Equity and liabilities
Total equity and liabilities10/49€74k€53k▼
Equity10/15€-1k€-6k▼
Contributions10/11€19k€19k=
Reserves13€18k€18k=
Distributable reserves133€18k€18k=
Profit (loss) carried forward14€-38k€-44k▼
Amounts payable17/49€75k€59k▼
Amounts payable after more than one year17€4k€0▼
Financial debts170/4€4k€0▼
Amounts payable within one year42/48€71k€59k▼
Current portion of amounts payable after more than one year42€8k€6k▼
Financial debts43€106€127▲
Credit institutions430/8€106€127▲
Trade debts44€18k€10k▼
Suppliers440/4€18k€10k▼
Taxes, remuneration and social security45€11k€7k▼
Taxes450/3€6k€2k▼
Remuneration and social security454/9€5k€6k▲
Other amounts payable47/48€34k€36k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20222023
Non-recurring operating income76A-€2k
Remuneration, social security and pensions62€75k€54k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€5k▼
Other operating charges640/8€835€3k▲
Non-recurring operating charges66A-€2k
Gross operating margin9900€51k€64k▲
Operating profit (loss)9901€-33k€872▲
Financial income75/76B€61€10▼
Recurring financial income75€61€10▼
Financial charges65/66B€6k€6k▲
Recurring financial charges65€6k€6k▲
Profit (loss) for the period before taxes9903€-38k€-5k▲
Income taxes67/77€5€0▼
Profit (loss) for the period9904€-38k€-5k▲
Profit (loss) for the period to be appropriated9905€-38k€-5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-38k€-44k▼
Profit (loss) brought forward from the previous period14P€263€-38k▼
Transfer to equity691/2€0-
To contributions691€0-
Social balance
Average headcount (FTE)90873.12.0▼
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
24-04
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Brussel · GRUUN BV OUD KORENHUIS 36, 1000 BRUSSEL 1 · event 15-04-2026
2025
17-03
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · GRUUN BV OUD KOREN- HUIS 36, 1000 BRUSSEL 1 · event 11-03-2025
2024
23-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Weakest financial yearnet €-38k ▼308%
Net result drops to €-38k, the lowest in the series.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Highest result since 2019net €18k ▲112%
Operating result €30k, net result €18k, both a record.
28-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
SignalFinancial 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, Brussel
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.
Oud Korenhuis 361000 BrusselGround area
67 m²
Building footprint
56 m²
Volume, LiDAR
818 m³
Parcel 21004A1351/00_000, Brussels · tallest building 16.9 m, ±5 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21004A1351/00_000 | Brussels | 67 m² | 1 · 56 m² | 16.9 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CHARLOTTE PIERS GROENKRAAGLAAN 3,
1170 BRUSSEL 17 |
11-03-2025 → 15-04-2026 |
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Of 3,387 companies in sector 47761 we hold annual accounts for 1,156. 392 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded17-04-2018
Fiscal year end30-09
Activities, NACEBEL 2025
47761Retail sale of flowers, plants, seeds and fertilisers
56309Food and beverage service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.