Christophe Graindorge
ActiveChristophe Graindorge has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €50k and a net result of €83k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 40% of 7697 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency63▼-37
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 1.55 against 5.52 in 2024; short-term debt: 61.7% and cash: 40.7% of total assets), but 61.7% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← 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
38.3%
Return on assets
63.9%
Age of the figures
9 mo
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
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 08-04-2026, 114 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
114 d early
2024
21 d late
2023
22 d late
2022
2 d late
2021
78 d late
2021
27 d late
2020
78 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€50k▼ 50.0%
2024 · €100k
2019: €-36k
2020: €-35k
2021: €-20k
2021: €9k
2022: €113k
2023: €50k
2024: €100k
2019 → 2025
Total assets
€130k▲ 1.3%
2024 · €129k
2019: €3k
2020: €2k
2021: €31k
2021: €71k
2022: €145k
2023: €124k
2024: €129k
2019 → 2025
Net result
€83k▲ 34.2%
2024 · €62k
2019: €-4k
2020: €261
2021: €15k
2021: €30k
2022: €103k
2023: €23k
2024: €62k
2019 → 2025
Working capital
€44k▼ 55.0%
2024 · €98k
2020: €-32k
2021: €-20k
2021: €6k
2022: €110k
2023: €48k
2024: €98k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€9k-€113k▲ 1,088%€50k▼ 55.6%€100k▲ 100%€50k▼ 50.0%
Operating result€30k-€104k▲ 241%€29k▼ 72.5%€79k▲ 177%€103k▲ 30.0%
Net result€30k-€103k▲ 248%€23k▼ 77.8%€62k▲ 171%€83k▲ 34.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 30% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €130k
Fixed assets
€6k▼ 33.9%
Current assets
€125k▲ 3.9%
Equity and liabilities €130k
Equity
€50k▼ 50.0%
Debt
€80k▲ 180%
The debt ratio rises from 22.3% to 61.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€108k▲
2024 · €84k
Cash flow
€89k▲
2024 · €67k
Solvency
38.3%▼
2024 · 77.7%
Current ratio
1.55▼
2024 · 5.52
Quick ratio
1.55▼
2024 · 5.52
Debt / equity
1.61▲
2024 · 0.29
ROE
166.8%▲
2024 · 62.1%
ROA
63.9%▲
2024 · 48.3%
Interest coverage
295.90▲
2024 · 199.41
Debt
€80k▲
2024 · €29k
Debt ≤ 1 year
€80k▲
2024 · €22k
Income taxes
€21k▲
2024 · €16k
Staff costs
€2k▲
2024 · €0
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€129k€130k▲
Fixed assets21/28€9k€6k▼
Tangible fixed assets22/27€9k€6k▼
Plant, machinery and equipment23-€2k
Leasing and similar rights25€9k€4k▼
Financial fixed assets28-€210
Current assets29/58€120k€125k▲
Amounts receivable within one year40/41€40k€72k▲
Trade receivables40€30k€70k▲
Other amounts receivable41€9k€2k▼
Cash at bank and in hand54/58€80k€53k▼
Deferred charges and accrued income490/1€180€181▲
Equity and liabilities
Total equity and liabilities10/49€129k€130k▲
Equity10/15€100k€50k▼
Contributions10/11€50k€50k=
Profit (loss) carried forward14€50k-
Amounts payable17/49€29k€80k▲
Amounts payable after more than one year17€7k-
Financial debts170/4€7k-
Amounts payable within one year42/48€22k€80k▲
Current portion of amounts payable after more than one year42€4k€7k▲
Trade debts44€2k€503▼
Suppliers440/4€2k€503▼
Taxes, remuneration and social security45€13k€10k▼
Taxes450/3€13k€9k▼
Remuneration and social security454/9€0€265▲
Other amounts payable47/48€4k€64k▲
Income statement
Code20242025
Remuneration, social security and pensions62€0€2k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€85k€112k▲
Operating profit (loss)9901€79k€103k▲
Financial income75/76B€19€2k▲
Recurring financial income75€19€2k▲
Financial charges65/66B€421€364▼
Recurring financial charges65€421€364▼
Profit (loss) for the period before taxes9903€79k€105k▲
Income taxes67/77€16k€21k▲
Profit (loss) for the period9904€62k€83k▲
Profit (loss) for the period to be appropriated9905€62k€83k▲
Appropriation of the result
Profit (loss) to be appropriated9906€62k€133k▲
Profit (loss) brought forward from the previous period14P€0€50k▲
Profit to be distributed694/7€12k€133k▲
Return on contributions (dividend)694€12k€133k▲
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
08-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
31-12
Financial
Liquidity triplescurrent ratio 5.52
Current ratio from 1.76 to 5.52; short-term debt falls from €62k to €22k.
31-12
Financial
Equity above €100kEq €100k ▲100%
6 profitable years in a row build equity to €100k.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
31-12
Financial
Highest result since 2019net €103k ▲248%
Operating result €104k, net result €103k, both a record.
31-12
Financial
Liquidity times 7current ratio 7.52
Current ratio from 1.13 to 7.52; short-term debt falls from €42k to €17k.
31-12
Financial
Equity above €100kEq €113k ▲1088%
4 profitable years in a row build equity to €113k.
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 27 days late
2020
17-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 78 days late
31-01
Financial
Back to profitnet €261
Net result €261 after one loss-making year.
2019
01-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2017
04-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 95 days late
2016
17-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 78 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Sprimont · 1 establishment unit since 2015
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.
Hayen(DLX) 3C4140 SprimontGround area
1,963 m²
Building footprint
266 m²
Volume, LiDAR
2,296 m³
Parcel 62028A0629/00N000, Wallonia · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Christophe Graindorge
since 20152.237.887.394
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62028A0629/00N000 | Wallonia | 1,963 m² | 1 · 266 m² | 11.7 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.
Recognitions · licences · registrations
Legal Entity Identifier
9845002DA9VBF6CBCB44
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Of 24,505 companies in sector 82990 we hold annual accounts for 9,396. 6,910 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-12-2014
Fiscal year end31-12
Activities, NACEBEL
43240Other construction installation
82990Other business support services
43299Specialised construction activities
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 10 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.
Contact details
1 entryE-mail:graindorgechristophe@gmail.com