NEW GRENELLE
ActiveNEW GRENELLE has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €437k and a net result of €172k. Equity is growing by ~53.3% per year across the filed fiscal years. Its solvency ranks better than 72% of 18040 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability98▲+1
Solvency85▼-15
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 2.24 against 5.54 in 2024; short-term debt: 40% and cash: 65.8% of total assets), and 40% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
60%
Return on assets
23.7%
Age of the figures
9 mo
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 04-06-2026, 57 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
57 d early
2024
44 d early
2023
41 d early
2022
17 d early
2021
31 d early
2020
23 d early
2019
58 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€437k▼ 5.9%
2024 · €465k
2018: €38k
2019: €47k
2020: €26k
2021: €96k
2022: €217k
2023: €344k
2024: €465k
2018 → 2025
Total assets
€729k▲ 34.3%
2024 · €543k
2018: €478k
2019: €556k
2020: €504k
2021: €559k
2022: €669k
2023: €481k
2024: €543k
2018 → 2025
Net result
€172k▲ 43.0%
2024 · €121k
2018: €19k
2019: €9k
2020: €-21k
2021: €70k
2022: €121k
2023: €127k
2024: €121k
2018 → 2025
Working capital
€362k▲ 2.0%
2024 · €355k
2018: €-186k
2019: €-118k
2020: €-94k
2021: €-12k
2022: €148k
2023: €289k
2024: €355k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€96k-€217k▲ 126%€344k▲ 58.7%€465k▲ 35.1%€437k▼ 5.9%
Operating result€78k-€147k▲ 87.6%€154k▲ 5.0%€146k▼ 5.2%€215k▲ 47.4%
Net result€70k-€121k▲ 73.7%€127k▲ 5.3%€121k▼ 5.2%€172k▲ 43.0%
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 recovers in 2025; 2025 is 47% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €729k
Fixed assets
€75k▼ 31.7%
Current assets
€654k▲ 51.0%
Equity and liabilities €729k
Equity
€437k▼ 5.9%
Debt
€292k▲ 273%
The debt ratio rises from 14.4% to 40.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€250k▲
2024 · €181k
Cash flow
€207k▲
2024 · €156k
Solvency
60.0%▼
2024 · 85.6%
Current ratio
2.24▼
2024 · 5.54
Quick ratio
1.79▼
2024 · 3.75
Debt / equity
0.67▲
2024 · 0.17
ROE
39.5%▲
2024 · 26.0%
ROA
23.7%▲
2024 · 22.2%
Interest coverage
77.09▲
2024 · 52.95
Debt
€292k▲
2024 · €78k
Debt ≤ 1 year
€292k▲
2024 · €78k
Income taxes
€54k▲
2024 · €35k
Staff costs
€30k▲
2024 · €28k
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€543k€729k▲
Fixed assets21/28€110k€75k▼
Intangible fixed assets21€14k-
Tangible fixed assets22/27€96k€75k▼
Land and buildings22€96k€75k▼
Current assets29/58€433k€654k▲
Stocks and contracts in progress3€140k€131k▼
Stocks30/36€140k€131k▼
Amounts receivable within one year40/41€9k€11k▲
Trade receivables40€460€3k▲
Other amounts receivable41€9k€8k▼
Current investments50/53-€30k
Cash at bank and in hand54/58€281k€480k▲
Deferred charges and accrued income490/1€3k€3k=
Equity and liabilities
Total equity and liabilities10/49€543k€729k▲
Equity10/15€465k€437k▼
Contributions10/11€19k€19k=
Reserves13€442k€418k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€440k€417k▼
Profit (loss) carried forward14€4k-
Amounts payable17/49€78k€292k▲
Amounts payable within one year42/48€78k€292k▲
Financial debts43-€10
Credit institutions430/8-€10
Trade debts44€15k€4k▼
Suppliers440/4€15k€4k▼
Taxes, remuneration and social security45€49k€104k▲
Taxes450/3€43k€97k▲
Remuneration and social security454/9€6k€6k▲
Other amounts payable47/48€14k€185k▲
Income statement
Code20242025
Remuneration, social security and pensions62€28k€30k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€35k▼
Other operating charges640/8€4k€4k▲
Gross operating margin9900€213k€284k▲
Operating profit (loss)9901€146k€215k▲
Financial income75/76B€13k€15k▲
Recurring financial income75€13k€15k▲
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€156k€227k▲
Income taxes67/77€35k€54k▲
Profit (loss) for the period9904€121k€172k▲
Profit (loss) for the period to be appropriated9905€121k€172k▲
Appropriation of the result
Profit (loss) to be appropriated9906€125k€177k▲
Profit (loss) brought forward from the previous period14P€4k€4k▲
Transfer from equity791/2-€23k
Transfer to equity691/2€120k-
To other reserves6921€120k-
Profit to be distributed694/7-€200k
Return on contributions (dividend)694-€200k
The notes to these accounts (7 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
04-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €172k ▲43%
Operating result €215k, net result €172k, both a record.
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 3.10
Current ratio from 1.33 to 3.10; short-term debt falls from €453k to €137k.
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €217k ▲126%
2 profitable years in a row build equity to €217k.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €70k
Net result €70k after one loss-making year.
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-21k ▼325%
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
03-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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 2017
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.
Zuidstraat 218820 TorhoutGround area
428 m²
Building footprint
9 m²
Volume, LiDAR
72 m³
Parcel 31033K0068/00P000, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
NEW GRENELLE
since 20172.268.938.480
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31033K0068/00P000 | Flanders | 428 m² | 1 · 9 m² | 10.3 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.
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FROY & DIND
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BASSANI
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Of 6,501 companies in sector 47716 we hold annual accounts for 2,439. 1,504 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded04-07-2017
Fiscal year end31-12
Activities, NACEBEL
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.