Equity
€119,235 ▼ 16.7%
GRYS paid out €69,840 in dividends. That is 152% of the 2025 profit.
GRYS
Lifetime
14 annual accounts with figures on one time axispeak €79,164 (2025)
€79,164▲ 47.6%
lowest -€28,742 (2012)
€45,936▲ 65.0%
peak €143,138 (2024)
€119,235▼ 16.7%
€107,086▲ 451%
Board1 name since 2011
1 directorGRYSPEERT Barbara
Documentsfilings and deeds
04-03-2026149 days before the deadline
2025micro format
Gross margin from €53,632 to €79,164Result from €27,838 to €45,936Dividend €69,840Equity from €143,138 to €119,235Debts from €19,437 to €107,086
Key points
from the 2025 annual accountsTurnover
≈ €240,000 estimated
The micro format states no turnover.
Debts
€107,086 ▲ 451%
Debts rose by €87,649 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Liquidity
1.94 was 7.56 in 2024
Short-term debts rose from €19,437 to €107,086.
Filings
14 annual accounts since 2012
The last five annual accounts were filed 100 to 154 days before the end of the period.
Position in the sector
€45,936
Higher net result than 82% of companies in other professional activities. Sector median €9,324 · 4,356 companies.
Checked score
94
Excellent
Financially stronger than 55% of micro companies in other professional activities (NACE 74)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 5,430 companies (NACE 74, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026lowest value
03-2026: < 0.1%● unchanged vs 02-2026lowest value
04-2026: < 0.1%● unchanged vs 03-2026highest value
05-2026: < 0.1%● unchanged vs 04-2026highest value
06-2026: < 0.1%● unchanged vs 05-2026highest value
07-2026: < 0.1%● unchanged vs 06-2026highest value
08-2026: < 0.1%● unchanged vs 07-2026highest value
09-2026: < 0.1%● unchanged vs 08-2026highest value
10-2026: < 0.1%● unchanged vs 09-2026highest value
11-2026: < 0.1%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 1.94, cash €168,207
Size: total assets €226,321
Equity €119,235 (52.7% of total assets)
Sector: Other professional, scientific and technical activities (NACE 74)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 74, micro). It does better than 54% of them on solvency, 68% on liquidity, 71% on profitability and 26% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as GRYS has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of GRYS itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for GRYS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €11,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.94 (7.56 in 2024), above the usual 1.5. Short-term debt is 47.3% and cash 74.3% of total assets. 47.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-03-2026, 149 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
149 days early
2024
154 days early
2023
149 days early
2022
152 days early
2021
100 days early
2020
159 days early
2019
143 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 144 days before the deadline. In the sector (NACE 74), the median for financial year 2024 was 3 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 4 March (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Resignation: GRYSPEERT Barbara (director)
Reappointment: GRYSPEERT Barbara (director) · Director discharge: GRYSPEERT Barbara · General meeting of 25-04-2023 · Gazette deed
First establishment
Rotselaarsesteenweg 83, Leuven
Incorporation
published on 10-11-2011 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GRYS Leuven | €226,321 | €79,164 | 52.7% | - |
| HECKIT Pajottegem | €199,596 | €98,366 | 29.2% | - |
| CONTRACT & CONTRACTING Machelen (Brab.) | €324,442 | €54,218 | 15.4% | - |
| FEELING IMAGE Waterloo | €257,502 | €94,524 | 87.6% | - |
| E.M.S.-RUTTEN Pelt | €236,300 | €55,725 | 94.5% | - |
| ONE MILLION DOLLARS Ixelles | €279,563 | €85,144 | -83.0% | - |
| DESIGN 4 FOODSERVICE Heusden-Zolder | €189,812 | €95,149 | 13.7% | 2.1 |
These companies have the same main activity as GRYS: other specialised design activities (NACE 74140). They are comparable in size and age: total assets between €190,000 and €324,000, founded between 2008 and 2012.
Official details
Source: KBO- Status
- Active since 24-10-2011Normal situation
- Activity
- Other specialised design activitiesNACE 74140
- Establishment unit
- 2.252.121.2543018 Leuven, since 28-10-2011
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €226,321▲ 39.2%
- Filing
- Filed on 04-03-2026, 149 days before the end of the filing period
Insights on GRYS
GRYS files the micro format. That format states no turnover. The gross margin rose from €15,065 in 2012 to €79,164 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GRYS
- What is the company number of GRYS?
- The company number of GRYS is 0840.684.053. The VAT number is the same number with BE in front: BE 0840.684.053.
- Where is GRYS based?
- The registered office is at Rotselaarsesteenweg 83, 3018 Leuven.Company details
- What does GRYS do?
- According to the KBO register, the main activity is other specialised design activities (NACE 74140).
- What is the legal form of GRYS?
- GRYS is a private limited company (BV).
- When was GRYS founded?
- GRYS was founded on 24-10-2011.
- Is GRYS still active?
- Yes, GRYS is an active enterprise in the KBO register.
- What is the turnover of GRYS?
- The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €79,164 and 2,666 comparable companies of the same size. It probably lies between €160,000 and €410,000. It is a rough estimate.Financials
- Is GRYS profitable?
- In financial year 2025, GRYS made a profit of €45,936.
- Where can I find the annual accounts of GRYS?
- GRYS filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GRYS due?
- GRYS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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