The Grasshopper Brussels
ActiveThe computed 12-month bankruptcy probability of The Grasshopper Brussels is 2.5% (moderate). The 2025 annual accounts show equity of €185k and a net result of €365k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 26% of 10289 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+1
Solvency41▼-10
Growth78=
Track record100
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity short (current ratio 0.96 against 1.26 in 2024; short-term debt: 63.2% and cash: 39.5% of total assets), and 84% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
16%
Return on assets
31.6%
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 07-07-2026, 24 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
24 d early
2024
28 d late
2023
29 d early
2022
46 d early
2021
6 d early
2020
16 d late
← 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, abbreviated schema
Equity
€185k▼ 39.8%
2024 · €307k
2020: €-72k
2021: €-34k
2022: €124k
2023: €20k
2024: €307k
2020 → 2025
Total assets
€1.15M▼ 1.9%
2024 · €1.18M
2020: €1.12M
2021: €1.18M
2022: €1.17M
2023: €1.23M
2024: €1.18M
2020 → 2025
Net result
€365k▲ 27.3%
2024 · €287k
2020: €-92k
2021: €38k
2022: €158k
2023: €226k
2024: €287k
2020 → 2025
Working capital
€-27k
2024 · €130k
2020: €-360k
2021: €-341k
2022: €-216k
2023: €-389k
2024: €130k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-34k-€124k€20k▼ 83.6%€307k▲ 1,416%€185k▼ 39.8%
Operating result€50k-€193k▲ 289%€295k▲ 52.6%€381k▲ 29.1%€516k▲ 35.4%
Net result€38k-€158k▲ 316%€226k▲ 43.4%€287k▲ 26.6%€365k▲ 27.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 35% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.15M
Fixed assets
€451k▼ 17.0%
Current assets
€703k▲ 11.1%
Equity and liabilities €1.15M
Equity
€185k▼ 39.8%
Debt
€969k▲ 11.4%
The debt ratio rises from 73.9% to 84.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€625k▲
2024 · €491k
Cash flow
€474k▲
2024 · €397k
Solvency
16.0%▼
2024 · 26.1%
Current ratio
0.96▼
2024 · 1.26
Quick ratio
0.65▼
2024 · 0.89
Debt / equity
5.25▲
2024 · 2.83
ROE
197.4%▲
2024 · 93.4%
ROA
31.6%▲
2024 · 24.4%
Interest coverage
25.88▼
2024 · 49.41
Debt
€969k▲
2024 · €870k
Debt ≤ 1 year
€730k▲
2024 · €503k
Debt > 1 year
€239k▼
2024 · €367k
Income taxes
€141k▲
2024 · €93k
Staff costs
€233k▲
2024 · €221k
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€1.18M€1.15M▼
Fixed assets21/28€544k€451k▼
Intangible fixed assets21€463k€373k▼
Tangible fixed assets22/27€81k€79k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€40k€27k▼
Other tangible fixed assets26€39k€51k▲
Current assets29/58€633k€703k▲
Stocks and contracts in progress3€185k€232k▲
Stocks30/36€185k€232k▲
Amounts receivable within one year40/41€3k€14k▲
Trade receivables40€427€3k▲
Other amounts receivable41€3k€12k▲
Cash at bank and in hand54/58€445k€456k▲
Deferred charges and accrued income490/1€0€1k▲
Equity and liabilities
Total equity and liabilities10/49€1.18M€1.15M▼
Equity10/15€307k€185k▼
Contributions10/11€20k€20k=
Reserves13€287k€165k▼
Distributable reserves133€287k€165k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€870k€969k▲
Amounts payable after more than one year17€367k€239k▼
Financial debts170/4€367k€239k▼
Amounts payable within one year42/48€503k€730k▲
Current portion of amounts payable after more than one year42€158k€127k▼
Trade debts44€91k€94k▲
Suppliers440/4€91k€94k▲
Taxes, remuneration and social security45€71k€119k▲
Taxes450/3€71k€118k▲
Remuneration and social security454/9€3€686▲
Other amounts payable47/48€182k€390k▲
Income statement
Code20242025
Remuneration, social security and pensions62€221k€233k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€110k€110k▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€715k€861k▲
Operating profit (loss)9901€381k€516k▲
Financial income75/76B€9k€14k▲
Recurring financial income75€9k€14k▲
Financial charges65/66B€10k€24k▲
Recurring financial charges65€10k€24k▲
Profit (loss) for the period before taxes9903€380k€505k▲
Income taxes67/77€93k€141k▲
Profit (loss) for the period9904€287k€365k▲
Profit (loss) for the period to be appropriated9905€287k€365k▲
Appropriation of the result
Profit (loss) to be appropriated9906€287k€365k▲
Transfer from equity791/2€0€287k▲
Transfer to equity691/2€287k€165k▼
To other reserves6921€287k€165k▼
Profit to be distributed694/7€0€487k▲
Return on contributions (dividend)694€0€487k▲
Social balance
Average headcount (FTE)90875.85.8=
The notes to these accounts (17 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
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2020net €365k ▲27.3%
Operating result €516k, net result €365k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 1.26
Current ratio from 0.60 to 1.26; short-term debt falls from €969k to €503k.
31-12
Financial
Equity above €200kEq €307k ▲1416%
4 profitable years in a row build equity to €307k.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €100kEq €124k
2 profitable years in a row build equity to €124k.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €38k
Net result €38k after one loss-making year.
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 16 days late
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, Brussel · 1 establishment unit since 2020
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.
Grasmarkt 39-431000 BrusselGround area
204 m²
Building footprint
196 m²
Volume, LiDAR
3,593 m³
Parcel 21004A0398/00E000, Brussels · tallest building 21.1 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
The Grasshopper Brussels
since 20202.295.872.610
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21004A0398/00E000 | Brussels | 204 m² | 1 · 196 m² | 21.1 m · 6 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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CURB
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EURO BOAT
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RUITERSPORT HERMANS
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Of 2,102 companies in sector 47640 we hold annual accounts for 906. 716 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-11-2019
Fiscal year end31-12
Activities, NACEBEL
47640Retail sale of games and toys
47650Retail trade
47784Retail sale of souvenirs and religious articles
47786Retail trade
47713Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 6 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.