LE GRELLE & C°
ActiveSummary
LE GRELLE & C° has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €383k and a net result of €101k. Equity is growing by ~54.2% per year across the filed fiscal years. Its solvency ranks better than 92% of 11615 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
95
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability98▼-2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 11.74 against 10.6 in 2023; short-term debt: 8.5% and cash: 32.5% of total assets), and 8.5% 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+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
91.5%
Return on assets
24.2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
48 d early
2022
47 d early
2021
37 d early
2020
40 d early
2019
16 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€101k▲ 20.0%
2023 · €84k
2018: €65k
2019: €154k
2020: €42k
2021: €79k
2022: €77k
2023: €84k
2018 → 2024
Working capital
€383k▲ 36.0%
2023 · €281k
2018: €-164k
2019: €-2k
2020: €41k
2021: €96k
2022: €197k
2023: €281k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€41k-€120k▲ 195%€197k▲ 64.6%€281k▲ 42.9%€383k▲ 36.0%
Operating result€48k-€119k▲ 150%€114k▼ 4.9%€117k▲ 3.0%€145k▲ 24.0%
Net result€42k-€79k▲ 87.7%€77k▼ 2.2%€84k▲ 9.2%€101k▲ 20.0%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 24% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €418k
Equity
€383k ▲ 36.0%
Debt
€36k ▲ 21.5%
Debt's share of the balance-sheet total falls from 9.4% to 8.5%. Equity and debt are higher.
Key figures and ratios
Current ratio
11.74▲
2023 · 10.60
Debt to equity
0.09▼
2023 · 0.10
ROE
26.5%▼
2023 · 30.0%
ROA
24.2%▼
2023 · 27.2%
Debt ≤ 1 year
€36k▲
2023 · €29k
Income taxes
€51k▲
2023 · €41k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 36 lines
Balance sheet
Code20232024
Assets
Total assets20/58€311k€418k▲
Current assets29/58€311k€418k▲
Amounts receivable after more than one year29€150k-
Other amounts receivable291€150k-
Amounts receivable within one year40/41€98k€274k▲
Trade receivables40€9k-
Other amounts receivable41€88k€274k▲
Cash at bank and in hand54/58€55k€136k▲
Deferred charges and accrued income490/1€8k€8k=
Equity and liabilities
Total equity and liabilities10/49€311k€418k▲
Equity10/15€281k€383k▲
Contributions10/11€6k€6k=
Reserves13€242k€342k▲
Distributable reserves133€242k€342k▲
Profit (loss) carried forward14€33k€34k▲
Amounts payable17/49€29k€36k▲
Amounts payable within one year42/48€29k€36k▲
Trade debts44-€1k
Suppliers440/4-€1k
Taxes, remuneration and social security45€29k€34k▲
Taxes450/3€29k€34k▲
Income statement
Code20232024
Other operating charges640/8€2k€2k▼
Gross operating margin9900€119k€146k▲
Operating profit (loss)9901€117k€145k▲
Financial income75/76B€10k€9k▼
Recurring financial income75€10k€9k▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€125k€152k▲
Income taxes67/77€41k€51k▲
Profit (loss) for the period9904€84k€101k▲
Profit (loss) for the period to be appropriated9905€84k€101k▲
Appropriation of the result
Profit (loss) to be appropriated9906€113k€134k▲
Profit (loss) brought forward from the previous period14P€29k€33k▲
Transfer to equity691/2€80k€100k▲
To other reserves6921€80k€100k▲
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 10.60
Current ratio from 4.78 to 10.60; short-term debt falls from €52k to €29k.
31-12
Financial
Equity above €200kEq €281k ▲42.9%
6 profitable years in a row build equity to €281k.
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150kEq €197k ▲64.6%
5 profitable years in a row build equity to €197k.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €120k ▲195%
4 profitable years in a row build equity to €120k.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €42k ▼72.7%
Net result drops to €42k, the lowest in the series; recovery starts the following year.
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Highest result since 2018net €154k ▲137%
Operating result €156k, net result €154k, both a record.
Show earlier events
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
27-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
05-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
13 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, Braine-l'Alleud · 1 establishment unit since 1995
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.
Av Alph Allard 3541420 Braine-l'Alleud1 establishment unit
Av Alph Allard 354, 1420 Braine-l'Alleud
since 19952.169.338.781
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HERMAN VAN EENOO
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FACTOR-X THE CLIMATE CONSULTING GROUP
BE 0890.101.395
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B²ASC
BE 0667.921.610
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VANHOUTTE WOUTER
BE 0884.667.615
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Of 11,550 companies in sector 71121 we hold annual accounts for 6,563. 4,698 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-05-1995
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filings
Scores and ratios are computed by Checked and are not a credit decision.