GRYSON MARCEL
InactiveInactive; last annual accounts for fiscal year 2023.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 04-07-2024, 27 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
27 d early
2022
33 d early
2021
37 d early
2020
9 d early
2019
7 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 23 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2023, abbreviated schema
Equity
€62,000▼ 29.1%
2022 · €87,491
Total assets
€158,147▼ 10.3%
2022 · €176,217
Net result
€21,758▼ 17.2%
2022 · €26,292
Working capital
-€6,459
2022 · €31,490
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
Line20192020202120222023
Operating result€31,902▲ 3.1%€35,353▲ 10.8%€9,283▼ 73.7%€32,598▲ 251%€29,935▼ 8.2%
Net result€31,308▼ 2.3%€34,998▲ 11.8%€9,301▼ 73.4%€26,292▲ 183%€21,758▼ 17.2%
Equity€166,901▲ 23.1%€176,899▲ 6.0%€86,200▼ 51.3%€87,491▲ 1.5%€62,000▼ 29.1%
Total assets€272,402▼ 23.4%€291,746▲ 7.1%€262,575▼ 10.0%€176,217▼ 32.9%€158,147▼ 10.3%
Debt€105,501▼ 52.0%€114,847▲ 8.9%€176,375▲ 53.6%€88,725▼ 49.7%€96,147▲ 8.4%
Working capital€149,658▲ 18.3%€144,412▼ 3.5%€42,424▼ 70.6%€31,490▼ 25.8%-€6,459
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 8% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €158,147
Fixed assets
€101,287 ▼ 1.7%
Current assets
€56,860 ▼ 22.3%
Equity and liabilities €158,147
Equity
€62,000 ▼ 29.1%
Debt
€96,147 ▲ 8.4%
Debt's share of the balance-sheet total rises from 50.4% to 60.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€31,720▼
2022 · €34,405
Cash flow
€23,544▼
2022 · €28,099
Current ratio
0.90▼
2022 · 1.76
Debt to equity
1.55▲
2022 · 1.01
ROE
35.1%▲
2022 · 30.1%
ROA
13.8%▼
2022 · 14.9%
Interest coverage
34.36▲
2022 · 28.51
Debt ≤ 1 year
€63,319▲
2022 · €41,654
Debt > 1 year
€32,828▼
2022 · €47,071
Income taxes
€7,253▲
2022 · €5,966
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,291 | €3,910 | €2,539 | €1,808 | €1,785 | ▼ 1.2% |
| Other operating charges640/8 | - | - | €29,290 | €4,387 | €4,793 | ▲ 9.2% |
| Gross operating margin9900 | €44,362 | €43,241 | €41,112 | €38,793 | €36,513 | ▼ 5.9% |
| Operating profit (loss)9901 | €31,902 | €35,353 | €9,283 | €32,598 | €29,935 | ▼ 8.2% |
| Financial income75/76B | - | - | €1,416 | €867 | €0 | ▼ 100% |
| Recurring financial income75 | €1,263 | €1,233 | €1,416 | €867 | €0 | ▼ 100% |
| Financial charges65/66B | - | - | €1,398 | €1,207 | €923 | ▼ 23.5% |
| Recurring financial charges65 | €1,858 | €1,587 | €1,398 | €1,207 | €923 | ▼ 23.5% |
| Profit (loss) for the period before taxes9903 | €31,308 | €34,998 | €9,301 | €32,258 | €29,011 | ▼ 10.1% |
| Income taxes67/77 | - | - | - | €5,966 | €7,253 | ▲ 21.6% |
| Profit (loss) for the period9904 | €31,308 | €34,998 | €9,301 | €26,292 | €21,758 | ▼ 17.2% |
| Profit (loss) for the period to be appropriated9905 | €31,308 | €34,998 | €9,301 | €26,292 | €21,758 | ▼ 17.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €272,402 | €291,746 | €262,575 | €176,217 | €158,147 | ▼ 10.3% |
| Fixed assets21/28 | €105,800 | €107,420 | €104,880 | €103,073 | €101,287 | ▼ 1.7% |
| Tangible fixed assets22/27 | €105,800 | €107,420 | €104,880 | €103,073 | €101,287 | ▼ 1.7% |
| Land and buildings22 | - | - | €104,880 | €103,073 | €101,287 | ▼ 1.7% |
| Current assets29/58 | €166,602 | €184,326 | €157,694 | €73,144 | €56,860 | ▼ 22.3% |
| Stocks and contracts in progress3 | €40,283 | €40,283 | €0 | - | - | - |
| Stocks30/36 | - | - | €0 | - | - | - |
| Amounts receivable within one year40/41 | €84,950 | €79,419 | €109,419 | €9,240 | €10,987 | ▲ 18.9% |
| Other amounts receivable41 | - | - | €109,419 | €9,240 | €10,987 | ▲ 18.9% |
| Cash at bank and in hand54/58 | €31,870 | €54,923 | €38,269 | €54,199 | €36,386 | ▼ 32.9% |
| Deferred charges and accrued income490/1 | - | - | €10,006 | €9,705 | €9,487 | ▼ 2.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €272,402 | €291,746 | €262,575 | €176,217 | €158,147 | ▼ 10.3% |
| Equity10/15 | €166,901 | €176,899 | €86,200 | €87,491 | €62,000 | ▼ 29.1% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | - | €62,000 | €62,000 | €0 | ▼ 100% |
| Issued capital100 | - | - | €62,000 | €62,000 | €0 | ▼ 100% |
| Outside capital11 | - | - | - | - | €62,000 | - |
| Other1109/19 | - | - | - | - | €62,000 | - |
| Reserves13 | €104,901 | €114,899 | €24,200 | €25,491 | €0 | ▼ 100% |
| Non-distributable reserves130/1 | - | - | €6,200 | €6,200 | €0 | ▼ 100% |
| Legal reserve130 | - | - | €6,200 | €6,200 | €0 | ▼ 100% |
| Distributable reserves133 | - | - | €18,000 | €19,291 | €0 | ▼ 100% |
| Profit (loss) carried forward14 | - | - | €0 | €0 | €0 | - |
| Amounts payable17/49 | €105,501 | €114,847 | €176,375 | €88,725 | €96,147 | ▲ 8.4% |
| Amounts payable after more than one year17 | €88,557 | €74,932 | €61,105 | €47,071 | €32,828 | ▼ 30.3% |
| Financial debts170/4 | - | - | €61,105 | €47,071 | €32,828 | ▼ 30.3% |
| Amounts payable within one year42/48 | €16,945 | €39,915 | €115,270 | €41,654 | €63,319 | ▲ 52.0% |
| Current portion of amounts payable after more than one year42 | - | - | €13,827 | €14,034 | €14,243 | ▲ 1.5% |
| Trade debts44 | €3,521 | €1,291 | €1,443 | €2,453 | €1,659 | ▼ 32.4% |
| Suppliers440/4 | - | - | €1,443 | €2,453 | €1,659 | ▼ 32.4% |
| Other amounts payable47/48 | - | - | €100,000 | €25,167 | €47,417 | ▲ 88.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €31,308 | €34,998 | €9,301 | €26,292 | €21,758 | ▼ 17.2% |
| + Depreciation and write-downs630 | €5,291 | €3,910 | €2,539 | €1,808 | €1,785 | ▼ 1.2% |
| Operating cash flow (approximation) | €36,598 | €38,908 | €11,840 | €28,099 | €23,544 | ▼ 16.2% |
| Investment in fixed assets (approximation) | - | -€5,530 | €0 | €0 | €0 | - |
| Change in cash | - | €23,053 | -€16,654 | €15,930 | -€17,813 | ▼ 212% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €9,301 ▼73.4%
Net result drops to €9,301, the lowest in the series.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €34,998 ▲11.8%
Operating result €35,353, net result €34,998, both a record.
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity times 5current ratio 9.83
Current ratio from 2.07 to 9.83; short-term debt falls from €118,008 to €16,945.
31-12
Financial
Equity above €150,000Eq €166,901 ▲23.1%
2 profitable years in a row build equity to €166,901.
24-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
09-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
02-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
22-05
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Owners and holdings
1 ownerChain of control
- BKTOR
- GRYSON MARCEL
Highest known parent: BKTOR. The sources do not say who stands above it.
Owners 1
- BKTORparentSourceaccounts BKTOR 2023100%
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.