Gruyaert & Co

Active

Private limited companyfounded 2017active for 9 yearsBeusterven 1, 2260 Westerlo, BelgiumKBO/BCE: BE 0675.509.384

Summary

The computed 12-month bankruptcy probability of Gruyaert & Co is 5.0% (elevated). For Gruyaert & Co, one annual filing is missing. The 2024 annual accounts show equity of €116,431 and a net result of €31,839. Equity has been growing by about 69% per year since 2019. Its solvency ranks better than 59% of 701 sector peers (NACE 16, financial year 2024). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

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Gruyaert & CoActive

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Official details

Source: KBO

Status: Active since 08-05-2017 Normal situation
Activity: Manufacture of other builders' carpentry and joinery NACE 16230and 5 others
Establishment unit: 2.267.112.506 2260 Westerlo, since 08-05-2017
Financial year end: 30 September
Peppol: Reachable since 14-11-2025

Company details

Board and ownership

Board

GRUYAERT Koen Marc AlbertDirector
GRUYAERT TomDirector

Board & ownership

Financial position

Bankruptcy probabilitywithin 12 months: 5.0%

2024 figures too old to score

Annual accounts to 30-09-2024

Gross margin: €71,732; ▼ 51.4%
Turnover: ≈ €220,000; estimated
Profit: €31,839; ▼ 64.1%
Equity: €116,431; ▲ 2.1%
Total assets: €225,118; ▼ 7.1%

2025 accounts not filed, 186 days past the deadline

Filed on 31-05-2025

Financials

Signalsraises riskFigures for financial year 2024 (filed on 09-06-2025)1 financial year not filed after the legal deadline; last filed accounts filed 31 days late; 3 of the last 3 accounts lateSize: total assets €225,118Annual accounts not filed2024 accounts filed 31 days latelowers riskLiquidity: current ratio 1.18, cash €86,181Show the evidence

Bankruptcy probability

No current score

Figures too old

The latest figures are for FY 2024. They are too old for a current score.

Bankruptcy probability: Elevated

Filing: One annual filing is missing

Financial strength, FY 2024 · tick: 2023

Strong

Solvency 77+5

equity 51.7% of total assets

Liquidity 74+10

short-term debt 48.3% · cash 38.3%

Profitability 73-27

return on assets 14.1%

Bankruptcy probability within 12 months

5.0% Elevated

0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (1,032 companies, NACE 16, micro)

Last 24 months 12-2024: 1.7% 01-2025: 1.8%▲ +0.1 percentage points vs 12-2024 02-2025: 1.8%● unchanged vs 01-2025 03-2025: 1.7%▼ -0.1 percentage points vs 02-2025 04-2025: 1.6%▼ -0.1 percentage points vs 03-2025 05-2025: 2.3%▲ +0.7 percentage points vs 04-2025 06-2025: 2.6%▲ +0.3 percentage points vs 05-2025 07-2025: 0.8%▼ -1.8 percentage points vs 06-2025 08-2025: 0.8%● unchanged vs 07-2025 09-2025: 0.8%● unchanged vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.7%▼ -0.1 percentage points vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026lowest value 05-2026: 1.1%▲ +0.4 percentage points vs 04-2026 06-2026: 1.4%▲ +0.3 percentage points vs 05-2026 07-2026: 2.6%▲ +1.2 percentage points vs 06-2026 08-2026: 2.7%▲ +0.1 percentage points vs 07-2026 09-2026: 3.1%▲ +0.4 percentage points vs 08-2026 10-2026: 5.0%▲ +1.9 percentage points vs 09-2026highest value 11-2026: 5.0%● unchanged vs 10-2026highest value

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.

lowers riskraises risk

Figures for financial year 2024 (filed on 09-06-2025)

NBB · annual accounts

1 financial year not filed after the legal deadline; last filed accounts filed 31 days late; 3 of the last 3 accounts late

NBB · filings

Size: total assets €225,118

Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.

NBB · annual accounts

Liquidity: current ratio 1.18, cash €86,181

NBB · annual accounts

Annual accounts not filed

The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 186 days later.

NBB · 5 filings

Position against the passed deadline

30-09-2025 year end30-04-2026 deadline02-11-2026 today

2024 accounts filed 31 days late

The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 31-05-2025, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 5 filings

Deviation from the deadline

2025

not filed

2024

31 days late

2023

143 days late

2021

191 days late

2020

153 days late

2019

153 days late

← before the deadline after the deadline →

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

The company filed its last 5 accounts on average 134 days after the deadline. In the sector (NACE 16), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

That holds for every publication since 2021.

KBO publications

Key points

Caution: Result fell in 2024from €88,706 to €31,839 ▼ 64.1% View
Positive: Higher net result than 81% of companies in wood and corksector median €8,073 · 700 companies €31,839 View
Positive: 5 profitable years in a rowprofit 2024: €31,839 5 years View

Recent changes

16-02-2024 · Gazette deed Changes of role: GRUYAERT Koen Marc Albert (director) and GRUYAERT Tom (director)
10-05-2017 · Gazette deed Incorporation

All 9 events

Comparable companies

These companies have the same main activity as Gruyaert & Co: manufacture of other builders' carpentry and joinery (NACE 16230). They are comparable in size and age: total assets between €205,000 and €331,000, founded between 2016 and 2018.

Company	Total assets	Gross margin
Gruyaert & Co Westerlo	€225,118	€71,732
RICHARD LEWIS Dessel	€249,795	€75,191
H2O CLOTURES Genappe	€205,080	€56,963
DC Wood Assenede	€285,202	€56,329
Van Kerkhoven Algemene Schrijnwerkerij Huldenberg	€252,426	€96,623
aw-Dirkx Diepenbeek	€311,331	€83,480
ALGEMENE DAKWERKEN THEUNIS Bocholt	€331,263	€68,505

Full comparison

Key facts about Gruyaert & Co

What is the company number of Gruyaert & Co?: The company number of Gruyaert & Co is 0675.509.384. The VAT number is the same number with BE in front: BE 0675.509.384.
Where is Gruyaert & Co based?: The registered office is at Beusterven 1, 2260 Westerlo.Company details
What does Gruyaert & Co do?: According to the KBO register, the main activity is manufacture of other builders' carpentry and joinery (NACE 16230).
What is the legal form of Gruyaert & Co?: The legal form of Gruyaert & Co is Private limited company (BV).
When was Gruyaert & Co founded?: Gruyaert & Co was founded on 08-05-2017.
Is Gruyaert & Co still active?: Yes, Gruyaert & Co is an active enterprise in the KBO register.
What is the turnover of Gruyaert & Co?: The turnover in financial year 2024 is ≈ €220,000. This figure is estimated from the gross margin of €71,732 and 2,678 comparable companies of the same size. It probably lies between €140,000 and €370,000. It is a rough estimate.Financials
Is Gruyaert & Co profitable?: In financial year 2024, Gruyaert & Co made a profit of €31,839.
Where can I find the annual accounts of Gruyaert & Co?: Gruyaert & Co filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2024.