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MyGrid

Active
Private limited companyfounded 2022active for 4 yearsReustraat 75, 3290 Diest, BelgiumKBO/BCE: BE 0789.838.534
Summary

The annual accounts of MyGrid for financial year 2025 show a net loss of 76% of the equity at the start of that year. The 2025 annual accounts show equity of €258,978 and a net result of -€242,029. Equity is growing by about 46% per year across the filed financial years. Its solvency ranks better than 28% of 1,648 sector peers (NACE 33, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Activity
Installation of industrial machinery and equipment
NACE 33200
2 sites
Size
€1.0mtotal assets 2025
Equity
€258,978
Loss
-€242,029
Turnover not published (micro format)
Financial health
54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
Accounts on time1 of 3 deeds read
Why 54raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €242,029, the second in a row (financial year 2025)lowers riskSize: total assets €1.0mLiquidity: current ratio 1.67, cash €234,401Figures for financial year 2025 (filed 31-07-2026)Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 30% of its sector peers (NACE 33, micro)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 51-24
equity 25.8% of total assets
Liquidity 71-23
short-term debt 23.8% · cash 23.3%
Profitability 0-69
return on assets -24.1%
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (2,376 companies, NACE 33, micro)
Last 24 months 11-2024: 3.1% 12-2024: 3.1%● unchanged vs 11-2024 01-2025: 3.1%● unchanged vs 12-2024 02-2025: 3.5%▲ +0.4 percentage points vs 01-2025 03-2025: 3.4%▼ -0.1 percentage points vs 02-2025 04-2025: 3.4%● unchanged vs 03-2025 05-2025: 3.2%▼ -0.2 percentage points vs 04-2025 06-2025: 3.1%▼ -0.1 percentage points vs 05-2025 07-2025: 3.3%▲ +0.2 percentage points vs 06-2025 08-2025: 4.0%▲ +0.7 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -3.9 percentage points 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 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026lowest value 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.4 percentage points vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026
Credit of up to €13,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.67, compared with 3.87 in 2024, above the usual 1.5; short-term debt: 23.8% and cash: 23.3% of total assets), but 74.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 33, micro): better than 28% on solvency, 68% on liquidity, 4% on profitability and 18% on growth.

The bankruptcy probability was computed on 12-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €242,029, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Size: total assets €1.0m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.67, cash €234,401
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 31-07-2026)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
232425
2023 to 2025 · latest year -€242,029
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 31-07-2026, 0 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
on the day
2024
27 days late
2023
5 days 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 after the deadline; the sector median (NACE 33) for financial year 2024 is 3 days before the deadline, and 39% 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 31 July (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
13-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Capital & shares · Amendment of…Capital increase · Share issue…
  3. Weakest financial yearnet -€242,029

Key points

  • Risk: 3 loss-making years in a rowloss financial year 2025 -€242,029 View
  • Caution: Result fell in 2025from -€661 to -€242,029 ▼ 36,533% View
  • Caution: Among the weakest 5% on net resultsector median €15,664 · 1,648 companies -€242,029 View
  • Flemish supportawarded from 2022 to 2025 €449,650 View

By topic

Financials

Financial year
2025
Total assets
€1.0m
Loss
-€242,029
Solvency
25.8%
Total assets▲ 58.1%
Net result
20232025
Go to Financials

Timeline

Events
6
Since
2024
Next accounts
by 31-07-2027
  1. 27-08-2025Annual accounts filed
  2. 31-12-2024Equity above €200,000
  3. 26-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Installation of industrial machinery and equipmentNACE 33200
Founded
22-08-2022
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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