The computed 12-month bankruptcy probability of Gruyaert & Co is 5.0% (elevated). For Gruyaert & Co, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €116,431 and a net result of €31,839. Equity is growing by about 69% per year across the filed financial years. 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.
Signalsraises riskFigures for financial year 2024 (filed 09-06-2025)1 financial year not filed after the legal deadline; last filed accounts filed 31 days late; 3 of the last 3 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
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: One filing cycle is missing
Financial strength, FY 2024 · tick = 2023
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency77+5
equity 51.7% of total assets
Liquidity74+10
short-term debt 48.3% · cash 38.3%
Profitability73-27
return on assets 14.1%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
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 months11-2024: 1.7%12-2024: 1.7%● unchanged vs 11-202401-2025: 1.8%▲ +0.1 percentage points vs 12-202402-2025: 1.8%● unchanged vs 01-202503-2025: 1.7%▼ -0.1 percentage points vs 02-202504-2025: 1.6%▼ -0.1 percentage points vs 03-202505-2025: 2.3%▲ +0.7 percentage points vs 04-202506-2025: 2.6%▲ +0.3 percentage points vs 05-202507-2025: 0.8%▼ -1.8 percentage points vs 06-202508-2025: 0.8%● unchanged vs 07-202509-2025: 0.8%● unchanged vs 08-202510-2025: 0.8%● unchanged vs 09-202511-2025: 0.8%● unchanged vs 10-202512-2025: 0.8%● unchanged vs 11-202501-2026: 0.8%● unchanged vs 12-202502-2026: 0.7%▼ -0.1 percentage points vs 01-202603-2026: 0.7%● unchanged vs 02-202604-2026: 0.7%● unchanged vs 03-2026lowest value05-2026: 1.1%▲ +0.4 percentage points vs 04-202606-2026: 1.4%▲ +0.3 percentage points vs 05-202607-2026: 2.6%▲ +1.2 percentage points vs 06-202608-2026: 2.7%▲ +0.1 percentage points vs 07-202609-2026: 3.1%▲ +0.4 percentage points vs 08-202610-2026: 5.0%▲ +1.9 percentage points vs 09-2026highest value
30-09-2025 year end30-04-2026 deadline01-11-2026 today
raises risk · 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.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 134 days after the deadline; the sector median (NACE 16) for financial year 2024 is 3 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
Key points
Caution: Result fell in 2024from €88,706 to €31,839▼ 64.1%View
Positive: Among the best 19% on net resultsector median €8,073 · 700 companies€31,839View
Positive: 5 profitable years in a rowprofit 2024: €31,8395 yearsView
0675.509.384. In Belgium the VAT number is the company 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?
Private limited company (BV).
When was Gruyaert & Co 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?
≈ €220,000 in financial year 2024. Estimated from the gross margin of €71,732: probably between €140,000 and €370,000, based on 2,678 comparable companies of the same size. 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.Annual accounts 2024 (PDF)