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GRWD

Active
Private limited companyfounded 20242 yrs activeBergendreef 2B, 2970 Schilde, BelgiumKBO/BCE: BE 1006.204.358
Summary

The computed 12-month bankruptcy probability of GRWD is 4.6% (elevated). The annual accounts of GRWD for fiscal year 2025 show a net loss of 1,009% of total assets. The 2025 annual accounts show equity of €305 and a net result of -€4,695. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability0
Solvency91
Growth-
Track record67
Bankruptcy probability, 12 months
4.6% Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
balance sheet total too small for a liquidity verdict.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Age of the figures
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
on the day
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

GRWD was incorporated on 20 February 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€305
Total assets
€465
Net result
-€4,695
Working capital
-€130

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Assets €465
Fixed assets €435
Current assets €30
Equity and liabilities €465
Equity €305
Debt €161
Debt finances 34.5% of the balance-sheet total.
Key figures and ratios
2025 value
Debt ≤ 1 year
€161
Ratios withheld: a balance sheet total of €465 is too small for a meaningful ratio.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 23 lines
Balance sheet Code2025
Assets
Total assets20/58€465
Fixed assets21/28€435
Financial fixed assets28€435
Current assets29/58€30
Cash at bank and in hand54/58€30
Equity and liabilities
Total equity and liabilities10/49€465
Equity10/15€305
Contributions10/11€5,000
Profit (loss) carried forward14-€4,695
Amounts payable17/49€161
Amounts payable within one year42/48€161
Trade debts44€120
Suppliers440/4€120
Other amounts payable47/48€41
Income statement Code2025
Other operating charges640/8€507
Gross operating margin9900-€3,978
Operating profit (loss)9901-€4,485
Financial charges65/66B€210
Recurring financial charges65€210
Profit (loss) for the period before taxes9903-€4,695
Profit (loss) for the period9904-€4,695
Profit (loss) for the period to be appropriated9905-€4,695
Appropriation of the result
Profit (loss) to be appropriated9906-€4,695

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Other operating charges640/8€507
Gross operating margin9900-€3,978
Operating profit (loss)9901-€4,485
Financial charges65/66B€210
Recurring financial charges65€210
Profit (loss) for the period before taxes9903-€4,695
Profit (loss) for the period9904-€4,695
Profit (loss) for the period to be appropriated9905-€4,695
Line2025
Assets
Total assets20/58€465
Fixed assets21/28€435
Financial fixed assets28€435
Current assets29/58€30
Cash at bank and in hand54/58€30
Equity and liabilities
Total equity and liabilities10/49€465
Equity10/15€305
Contributions10/11€5,000
Profit (loss) carried forward14-€4,695
Amounts payable17/49€161
Amounts payable within one year42/48€161
Trade debts44€120
Suppliers440/4€120
Other amounts payable47/48€41
Line2025
Profit (loss) for the period9904-€4,695
Operating cash flow (approximation)-€4,695

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
30-04
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Schilde · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
2,456 m²
Building footprint
253 m²
Parcel 11922C0504/00A000, Flanders. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
GRWD
Bergendreef 2B, 2970 SchildeReal estate development
since 20242.357.201.453
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11922C0504/00A000 Flanders 2,456 m² 1 · 253 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. MGM CONSULT 100%
  2. GRWD

Highest known parent: MGM CONSULT. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company
Founded20-02-2024
Fiscal year end30-09
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

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If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.