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GRYMA

Open bankruptcy
Private limited company (pre-2019)founded 1990Kloosterstraat 30, 8880 Ledegem, BelgiumKBO/BCE: BE 0441.911.907

A bankruptcy procedure is open for GRYMA according to publications in the Belgian State Gazette; curator: TIM DIERYNCK.

Summary

The 2021 annual accounts show negative equity (-€5,992) and a net result of -€69,885.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Ghent, Kortrijk division
Declared bankrupt
14 March 2023
Supervising judge
Ivo De Muynck
Official Gazette
22-03-2023 (pdf) ↗search the document for 2023/110863

Curator

  • Tim DierynckStationsstraat 82A/0001, 8860 Lendeledetim@advocaatdierynck.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2021 was due by 31-10-2021 and was filed on 27-10-2021, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
4 d early
2020
1 d early
2019
15 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 7 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

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

On 10 October 1990, GRYMA was incorporated.1 Total assets went from EUR 194,882 in 2019 to EUR 179,042 in 2021.2 The company was declared bankrupt on 14 March 2023.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2021
  3. 3Belgian State Gazette, 22-03-2023

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2021, micro schema

Equity
-€5,992
2020 · €63,893
Total assets
€179,042▼ 16.5%
2020 · €214,438
Net result
-€69,885
2020 · €316
Working capital
-€16,946
2020 · €57,334
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line201920202021
Operating result€15,052-€5,730▼ 61.9%-€66,122
Net result€6,594-€316▼ 95.2%-€69,885
Equity€63,578-€63,893▲ 0.5%-€5,992
Total assets€194,882-€214,438▲ 10.0%€179,042▼ 16.5%
Debt€131,305-€150,544▲ 14.7%€185,034▲ 22.9%
Working capital€63,709-€57,334▼ 10.0%-€16,946
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€75,000-€50,000-€25,000€0€25,000Operating result 2019: €15,052€15,052Net result 2019: €6,594€6,594Operating result 2020: €5,730€5,730Net result 2020: €316€316Operating result 2021: -€66,122-€66,122Net result 2021: -€69,885-€69,885201920202021-€75,000-€50,000-€25,000€0€25,000Operating result 2019: €15,052€15,100Net result 2019: €6,594€6,590Operating result 2020: €5,730€5,730Net result 2020: €316€316Operating result 2021: -€66,122-€66,100Net result 2021: -€69,885-€69,900201920202021
The operating result turns negative in 2021: a loss of €66,122 after €5,730 in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €179,042
Fixed assets €15,139 ▼ 30.0%
Current assets €163,903 ▼ 15.0%
Key figures and ratios
2021 value · change against 2020
EBITDA
-€58,208▼
2020 · €15,886
Cash flow
-€61,971▼
2020 · €10,472
Solvency
-3.3%▼
2020 · 29.8%
Current ratio
0.91▼
2020 · 1.42
Debt to equity
-0.67▼
2020 · 0.21
ROA
-39.0%▼
2020 · 0.1%
Debt ≤ 1 year
€180,849▲
2020 · €135,491
Debt > 1 year
€4,005▼
2020 · €13,106
Income taxes
€425▼
2020 · €1,608
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2020 · 23 lines
Balance sheet Code20202021
Assets
Total assets20/58€214,438€179,042▼
Fixed assets21/28€21,612€15,139▼
Tangible fixed assets22/27€20,972€14,499▼
Financial fixed assets28€640€640=
Current assets29/58€192,825€163,903▼
Amounts receivable within one year40/41€186,137€157,084▼
Equity and liabilities
Total equity and liabilities10/49€214,438€179,042▼
Equity10/15€63,893-€5,992▼
Reserves13€45,293€45,293=
Profit (loss) carried forward14--€69,885
Amounts payable17/49€150,544€185,034▲
Amounts payable after more than one year17€13,106€4,005▼
Amounts payable within one year42/48€135,491€180,849▲
Trade debts44€43,891€86,593▲
Income statement Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,157€7,914▼
Gross operating margin9900€38,773-€51,696▼
Operating profit (loss)9901€5,730-€66,122▼
Recurring financial income75€107€2,573▲
Recurring financial charges65€3,914€6,289▲
Profit (loss) for the period before taxes9903€1,923-€69,460▼
Income taxes67/77€1,608€425▼
Profit (loss) for the period9904€316-€69,885▼
Profit (loss) for the period to be appropriated9905€316-€69,885▼
Line201920202021Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,615€10,157€7,914▼ 22.1%
Gross operating margin9900€38,829€38,773-€51,696▼ 233%
Operating profit (loss)9901€15,052€5,730-€66,122▼ 1,254%
Recurring financial income75€41€107€2,573▲ 2,297%
Recurring financial charges65€7,364€3,914€6,289▲ 60.7%
Profit (loss) for the period before taxes9903€7,729€1,923-€69,460▼ 3,712%
Income taxes67/77€1,134€1,608€425▼ 73.6%
Profit (loss) for the period9904€6,594€316-€69,885▼ 22,246%
Profit (loss) for the period to be appropriated9905€6,594€316-€69,885▼ 22,246%
Line201920202021Change
Assets
Total assets20/58€194,882€214,438€179,042▼ 16.5%
Fixed assets21/28€9,259€21,612€15,139▼ 30.0%
Tangible fixed assets22/27€8,619€20,972€14,499▼ 30.9%
Financial fixed assets28€640€640€640=
Current assets29/58€185,623€192,825€163,903▼ 15.0%
Amounts receivable within one year40/41€179,492€186,137€157,084▼ 15.6%
Cash at bank and in hand54/58€828---
Equity and liabilities
Total equity and liabilities10/49€194,882€214,438€179,042▼ 16.5%
Equity10/15€63,578€63,893-€5,992▼ 109%
Contributions10/11€18,600---
Reserves13€44,978€45,293€45,293=
Profit (loss) carried forward14---€69,885-
Amounts payable17/49€131,305€150,544€185,034▲ 22.9%
Amounts payable after more than one year17€9,070€13,106€4,005▼ 69.4%
Amounts payable within one year42/48€121,914€135,491€180,849▲ 33.5%
Trade debts44€50,984€43,891€86,593▲ 97.3%
Line201920202021Change
Profit (loss) for the period9904€6,594€316-€69,885▼ 22,246%
+ Depreciation and write-downs630€9,615€10,157€7,914▼ 22.1%
Operating cash flow (approximation)€16,209€10,472-€61,971▼ 692%
Investment in fixed assets (approximation)--€22,510-€1,440▲ 93.6%

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

2023
22-03
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 14-03-2023
2021
27-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial Weakest financial yearnet -€69,885
Net result drops to -€69,885, the lowest in the series.
2020
30-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2019
16-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
11-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
18-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
21-10
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
23-10
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
09-10
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2013
28-10
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
2012
30-11
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Ledegem · 1 establishment unit since 1990
seat establishment The establishment unit on the map
Ground area
369 m²
Building footprint
167 m²
Volume, LiDAR
907 m³
2 parcels, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GRYMA
Overheulestraat 88, 8560 WevelgemManufacture of chemicals and chemical products
since 19902.050.435.488
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36018B0243/00A000 Flanders 263 m² 1 · 104 m² 10.0 m · 2 fl.
34029B0765/00E003 Flanders 106 m² 1 · 63 m² 8.6 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 TIM DIERYNCK
STATIONSSTRAAT 82A/0001, 8860 LENDELEDE
14-03-2023 → present

Similar companies · same sector, comparable size

Of 20,025 companies in sector 43320 we hold annual accounts for 9,134. 7,574 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded10-10-1990
Fiscal year end31-03
Activities, NACEBEL 2025
43320Joinery installation
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.

Register as of 27 September 2026 · Peppol Directory

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