Gryson Construct
ActiveGryson Construct has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €373k and a net result of €-4k. Equity is shrinking by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 9150 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability17▲+1
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
short-term debt: 0.8% and cash: 76.3% of total assets, and 0.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
4 d late
2023
12 d early
2022
39 d early
2021
39 d early
2020
40 d early
2019
42 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€373k▼ 74.5%
2024 · €1.47M
2019: €1.88M
2021: €1.50M
2022: €1.49M
2023: €1.50M
2024: €1.47M
2019 → 2025
Total assets
€376k▼ 74.4%
2024 · €1.47M
2019: €1.90M
2021: €2.15M
2022: €1.55M
2023: €1.51M
2024: €1.47M
2019 → 2025
Net result
€-4k▲ 87.1%
2024 · €-33k
2019: €16k
2021: €276k
2022: €-5k
2023: €8k
2024: €-33k
2019 → 2025
Working capital
€368k▼ 74.8%
2024 · €1.46M
2019: €1.87M
2021: €1.49M
2022: €1.49M
2023: €1.50M
2024: €1.46M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.50M-€1.49M▼ 0.3%€1.50M▲ 0.5%€1.47M▼ 2.2%€373k▼ 74.5%
Operating result€416k-€562▼ 99.9%€13k▲ 2,286%€-38k€-28k▲ 25.3%
Net result€276k-€-5k€8k€-33k€-4k▲ 87.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €28k in 2025 against €38k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €376k
Fixed assets
€5k▼ 13.8%
Current assets
€371k▼ 74.7%
Equity and liabilities €376k
Equity
€373k▼ 74.5%
Debt
€3k▲ 17.0%
The debt ratio rises from 0.2% to 0.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-27k▲
2024 · €-37k
Cash flow
€-3k▲
2024 · €-32k
Solvency
99.2%▼
2024 · 99.8%
Debt / equity
0.01▲
2024 · 0.00
ROE
-1.1%▲
2024 · -2.2%
ROA
-1.1%▲
2024 · -2.2%
Interest coverage
-30.21▼
2024 · -17.90
Debt
€3k▲
2024 · €2k
Debt ≤ 1 year
€3k▲
2024 · €2k
A ratio outside any meaningful range has been withheld (balance sheet total €376k, equity €373k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.47M€376k▼
Fixed assets21/28€6k€5k▼
Tangible fixed assets22/27€6k€5k▼
Land and buildings22€6k€5k▼
Furniture and vehicles24€53€0▼
Financial fixed assets28€472€472=
Current assets29/58€1.46M€371k▼
Stocks and contracts in progress3€37k€70k▲
Stocks30/36-€70k
Contracts in progress37€37k€0▼
Amounts receivable within one year40/41€31k€13k▼
Trade receivables40€3k€6k▲
Other amounts receivable41€28k€7k▼
Current investments50/53€1.00M€0▼
Cash at bank and in hand54/58€389k€287k▼
Deferred charges and accrued income490/1€424€189▼
Equity and liabilities
Total equity and liabilities10/49€1.47M€376k▼
Equity10/15€1.47M€373k▼
Contributions10/11€20k€20k=
Reserves13€1.48M€395k▼
Distributable reserves133€1.48M€395k▼
Profit (loss) carried forward14€-37k€-41k▼
Amounts payable17/49€2k€3k▲
Amounts payable within one year42/48€2k€3k▲
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45-€171
Taxes450/3-€171
Accrued charges and deferred income492/3€242€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€878€868▼
Other operating charges640/8€249€1k▲
Non-recurring operating charges66A€4k€1k▼
Gross operating margin9900€-32k€-25k▲
Operating profit (loss)9901€-38k€-28k▲
Financial income75/76B€7k€25k▲
Recurring financial income75€7k€25k▲
Financial charges65/66B€2k€899▼
Recurring financial charges65€2k€899▼
Profit (loss) for the period before taxes9903€-33k€-4k▲
Income taxes67/77€0-
Profit (loss) for the period9904€-33k€-4k▲
Profit (loss) for the period to be appropriated9905€-33k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-37k€-41k▼
Profit (loss) brought forward from the previous period14P€-5k€-37k▼
Transfer from equity791/2-€1.09M
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7-€1.09M
Return on contributions (dividend)694-€1.09M
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
04-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 4 days late
2024
30-06
Financial
Weakest financial yearnet €-33k ▼515%
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
19-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
30-06
Financial
Liquidity times 36current ratio 1011.89
Current ratio from 28.29 to 1011.89; short-term debt falls from €55k to €1k.
2022
23-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-06
Financial
Liquidity times 9current ratio 28.29
Current ratio from 3.29 to 28.29; short-term debt falls from €652k to €55k.
2021
23-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial
Highest result since 2019net €276k ▲1612%
Operating result €416k, net result €276k, both a record.
2020
22-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
20-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
19-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Torhout · 1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Elisabethlaan 218820 TorhoutGround area
653 m²
Building footprint
177 m²
Volume, LiDAR
1,509 m³
Parcel 31523E0032/00B002, Flanders · tallest building 12.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Gryson Construct
since 20102.191.081.431
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31523E0032/00B002 | Flanders | 653 m² | 1 · 177 m² | 12.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
2 categoriesGryson Construct BV33606
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Of 7,322 companies in sector 68110 we hold annual accounts for 5,382. 3,803 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded13-08-2010
Fiscal year end30-06
Activities, NACEBEL
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.