Skip to content

GrindFactory Prep Antwerp

Active
Non-profit associationfounded 2010active for 16 yearsGriffinstraat 11, 2170 Antwerpen, BelgiumKBO/BCE: BE 0825.440.603
Summary

GrindFactory Prep Antwerp has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€1,057) and a net result of €5,449. Its solvency ranks better than 18% of 3,004 sector peers (NACE 93, financial year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Sports, amusement and recreation activities
NACE 93123
Size
€4,393total assets 2024
Equity
-€1,057
Surplus
€5,449
Turnover not published (micro format)
Financial health
56 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Board
4 members
Accounts 75 days overdue2 of 8 deeds read
Why 56raises riskCapped at 59: negative equity1 change of registered office in 24 monthslowers riskLegal form: non-profit associationSector: Sports, amusement and recreation activities (NACE 93)Liquidity: current ratio 0.76, cash €2,725, halvedShow the evidence

Checked score

Score 2024
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 53% of its sector peers (NACE 93, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2022
Average
Solvency 1-97
equity -24.1% of total assets
Liquidity 50-40
short-term debt 124.1% · cash 62.0%
Profitability 100+100
return on assets 124.0%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.3% (4,253 companies, NACE 93, micro)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: 0.1%▲ +0.1 percentage points vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.3%▲ +0.2 percentage points vs 05-2025highest value 07-2025: 0.1%▼ -0.2 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged 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 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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 93, micro): better than 17% on solvency, 49% on liquidity and 94% on profitability.

The bankruptcy probability was computed on 13-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Sector: Sports, amusement and recreation activities (NACE 93)
KBO
lowers risk · Liquidity: current ratio 0.76, cash €2,725, halved
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 3004 sector peers (2024).
NBB · sector comparison
Position among 3004 sector peers
Solvency
better than 18%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 75 days later.
NBB · 2 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline14-10-2026 today
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 26-06-2025, 35 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not filed
2024
35 days early
2022
78 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 22 days after the deadline; the sector median (NACE 93) for financial year 2024 is 1 day before the deadline, and 42% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignations: Anneleen Calliauw, Inge Crauwels and…Appointments: Daniel AzİZ AWAN GONÇALVES…
  2. Resignations: Joerik Michiels, Werner Michiels and…Appointments: Mathieu Detiège, Anneleen CALLIAUW…
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€1,057 View
  • Caution: Board changedlatest change 11-08-2026 · 4 in office 4 joined · 4 left View
  • Caution: Accounts not fileddeadline was 31-07-2026 75 days late View
  • Caution: Among the weakest 19% on solvencysector median 26.3% · 3,004 companies -24.1% View

By topic

Financials

Financial year
2024
Total assets
€4,393
Profit
€5,449
Solvency
-24.1%
Total assets▼ 27.5%
Net result
20222024
Go to Financials

Board & ownership

Board
4 members
  • Amani Christi M NysDaily manager
  • Daniel Aziz Awan GonçalvesDaily manager
  • Honoré IhimbazweDaily manager
  • Tiaga Joseph Masudi Numbi Telo-Wa-LiteDaily manager
Go to Board & ownership

Timeline

Events
5
Since
2023
  1. 31-12-2024Back to profit
  2. 17-10-2023Annual accounts filed
Go to Timeline

Company details

Legal form
Non-profit association
Activity
Sports, amusement and recreation activitiesNACE 93123
Founded
16-04-2010
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
42
Who signs
Two directors jointly
Purpose
“Het aantrekken en verstrekken van geldelijke tegemoetkomingen in om het even welke vorm…” (deed in Dutch)
Go to Articles of association

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.