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Gruyaert & Co

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

From the official registers: KBO 5 annual accounts at the National Bank publications in the Belgian Official Gazette

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.

Overview

Official details

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

Board and 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, 185 days past the deadline
Filed on 31-05-2025PDF
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 11-2024: 1.7% 12-2024: 1.7%● unchanged vs 11-2024 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
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Signals

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 09-06-2025)
NBB · annual accounts
raises risk · 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
raises risk · 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
lowers risk · Liquidity: current ratio 1.18, cash €86,181
NBB · annual accounts
raises risk · 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, 185 days later.
NBB · 5 filings
Position against the passed deadline
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.
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)
neutral · 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

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.

CompanyTotal assetsGross 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

Documents

Annual accounts at the NBB

All 5 annual accounts

Articles and registers

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.Annual accounts 2024 (PDF)

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