GRANIT INTER
ActiveSummary
GRANIT INTER has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.68M and a net result of €445k. Equity is growing by ~6.9% per year across the filed fiscal years. Its solvency ranks better than 68% of 4867 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability63▲+3
Solvency86▲+4
Growth70▲+17
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €600k at 30 days acceptable
Liquidity ample (current ratio 2.34 against 2.18 in 2024; short-term debt: 30.9% and cash: 5.4% of total assets), and 38.6% of the assets are financed with debt.
Credit check 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 · 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
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
61.4%
Return on assets
3.1%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 10-06-2026, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
51 d early
2024
43 d early
2023
49 d early
2022
28 d early
2021
27 d early
2020
37 d early
2019
44 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€26.86M▲ 6.3%
2024 · €25.27M
2018: €17.49M
2019: €19.58M
2020: €20.25M
2021: €25.80M
2022: €25.40M
2023: €25.64M
2024: €25.27M
2018 → 2025
EBIT margin
2.7%▲ 1.1pp
2024 · 1.6%
2018: 3.6%
2019: 3.6%
2020: 4.1%
2021: 5.9%
2022: 3.5%
2023: 2.5%
2024: 1.6%
2018 → 2025
Net result
€445k▲ 127%
2024 · €196k
2018: €371k
2019: €452k
2020: €567k
2021: €1.05M
2022: €571k
2023: €351k
2024: €196k
2018 → 2025
Working capital
€5.85M▲ 6.7%
2024 · €5.48M
2018: €2.77M
2019: €3.24M
2020: €3.79M
2021: €4.95M
2022: €5.34M
2023: €5.36M
2024: €5.48M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€25.80M-€25.40M▼ 1.6%€25.64M▲ 1.0%€25.27M▼ 1.5%€26.86M▲ 6.3%
Equity€7.13M-€7.66M▲ 7.6%€8.01M▲ 4.5%€8.18M▲ 2.1%€8.68M▲ 6.2%
Operating result€1.52M-€885k▼ 41.7%€629k▼ 28.9%€403k▼ 35.9%€715k▲ 77.2%
Net result€1.05M-€571k▼ 45.7%€351k▼ 38.5%€196k▼ 44.2%€445k▲ 127%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 77% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €14.15M
Fixed assets
€3.92M ▼ 7.3%
Current assets
€10.23M ▲ 1.1%
Equity and liabilities €14.15M
Equity
€8.68M ▲ 6.2%
Debt
€5.47M ▼ 11.4%
Debt's share of the balance-sheet total falls from 43.0% to 38.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.51M▲
2024 · €1.22M
Cash flow
€1.24M▲
2024 · €1.01M
Current ratio
2.34▲
2024 · 2.18
Quick ratio
0.94▲
2024 · 0.93
Debt to equity
0.63▼
2024 · 0.75
ROE
5.1%▲
2024 · 2.4%
ROA
3.1%▲
2024 · 1.4%
Interest coverage
24.46▲
2024 · 12.63
Debt ≤ 1 year
€4.38M▼
2024 · €4.63M
Debt > 1 year
€1.09M▼
2024 · €1.54M
Income taxes
€189k▲
2024 · €102k
Staff costs
€4.31M▼
2024 · €4.34M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 85 lines
Balance sheet
Code20242025
Assets
Total assets20/58€14.35M€14.15M▼
Fixed assets21/28€4.23M€3.92M▼
Intangible fixed assets21€24k€9k▼
Tangible fixed assets22/27€4.05M€3.73M▼
Land and buildings22€2.77M€2.54M▼
Plant, machinery and equipment23€210k€146k▼
Furniture and vehicles24€660k€760k▲
Leasing and similar rights25€349k€229k▼
Other tangible fixed assets26€39k€32k▼
Assets under construction and advance payments27€20k€19k▼
Financial fixed assets28€161k€190k▲
Other financial fixed assets284/8€161k€190k▲
Amounts receivable and cash guarantees285/8€161k€190k▲
Current assets29/58€10.11M€10.23M▲
Stocks and contracts in progress3€5.79M€6.13M▲
Stocks30/36€5.70M€5.99M▲
Finished goods33€56k€33k▼
Goods purchased for resale34€5.64M€5.96M▲
Contracts in progress37€89k€140k▲
Amounts receivable within one year40/41€2.86M€3.33M▲
Trade receivables40€2.80M€3.33M▲
Other amounts receivable41€54k€300▼
Cash at bank and in hand54/58€1.43M€764k▼
Deferred charges and accrued income490/1€41k€403▼
Equity and liabilities
Total equity and liabilities10/49€14.35M€14.15M▼
Equity10/15€8.18M€8.68M▲
Contributions10/11€1.32M€1.32M=
Capital10€1.32M€1.32M=
Issued capital100€1.32M€1.32M=
Reserves13€259k€464k▲
Non-distributable reserves130/1€132k€132k=
Legal reserve130€132k€132k=
Tax-exempt reserves132€126k€332k▲
Profit (loss) carried forward14€6.52M€6.76M▲
Investment grants15€72k€135k▲
Amounts payable17/49€6.17M€5.47M▼
Amounts payable after more than one year17€1.54M€1.09M▼
Financial debts170/4€1.54M€1.09M▼
Leasing and similar obligations172€257k€109k▼
Credit institutions173€1.11M€863k▼
Other loans174€169k€116k▼
Amounts payable within one year42/48€4.63M€4.38M▼
Current portion of amounts payable after more than one year42€612k€644k▲
Financial debts43€250k-
Credit institutions430/8€250k-
Trade debts44€2.74M€2.60M▼
Suppliers440/4€2.74M€2.60M▼
Advances received on contracts in progress46€509k€582k▲
Taxes, remuneration and social security45€485k€519k▲
Taxes450/3€106k€136k▲
Remuneration and social security454/9€379k€383k▲
Other amounts payable47/48€30k€39k▲
Income statement
Code20242025
Operating income70/76A€25.59M€27.87M▲
Turnover70€25.27M€26.86M▲
Change in stocks of work in progress, finished goods and contracts in progress71€145k€28k▼
Other operating income74€167k€980k▲
Non-recurring operating income76A€11k€663▼
Operating charges60/66A€25.19M€27.16M▲
Goods for resale, raw materials and consumables60€13.97M€15.06M▲
Purchases600/8€13.19M€15.35M▲
Change in stocks: decrease (increase)609€784k€-292k▼
Services and other goods61€6.03M€6.87M▲
Remuneration, social security and pensions62€4.34M€4.31M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€817k€800k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-136k€-21k▲
Other operating charges640/8€150k€137k▼
Non-recurring operating charges66A€20k€3k▼
Operating profit (loss)9901€403k€715k▲
Financial income75/76B€49k€61k▲
Recurring financial income75€49k€61k▲
Other financial income752/9€49k€61k▲
Financial charges65/66B€154k€142k▼
Recurring financial charges65€154k€142k▼
Debt charges650€97k€62k▼
Other financial charges652/9€58k€80k▲
Profit (loss) for the period before taxes9903€298k€634k▲
Income taxes67/77€102k€189k▲
Taxes670/3€150k€189k▲
Tax adjustments and reversals of tax provisions77€48k-
Profit (loss) for the period9904€196k€445k▲
Transfer to tax-exempt reserves689€126k€205k▲
Profit (loss) for the period to be appropriated9905€70k€239k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6.52M€6.76M▲
Profit (loss) brought forward from the previous period14P€6.45M€6.52M▲
Social balance
Average headcount (FTE)908772.569.7▼
The notes to these accounts (69 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
10-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €196k ▼44.2%
Net result drops to €196k, the lowest in the series; recovery starts the following year.
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €1.05M ▲85.5%
Operating result €1.52M, net result €1.05M, both a record.
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
17-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
13-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Charleroi · 2 establishment units since 1988
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.
Rue Robesse 26041 CharleroiGround area
9,172 m²
Parcel 52028B0150/00T002, Wallonia. Linked by address, not a title deed.
2 establishment units
Rue Robesse 2, 6041 Charleroi
since 19882.034.799.781
ETS BERTRAND
since 20202.369.064.850
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52028B0150/00T002 | Wallonia | 9,172 m² | - | - |
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.
Similar companies · same sector, comparable size
VDP SAFETY
BE 0452.226.074
Boechout · Eq €8.97M
MMPumps
BE 0433.338.491
Ranst · Eq €8.19M
FLORESTAN
BE 0448.825.631
Gent · Eq €8.15M
DOCKX & COMPANY
BE 0412.023.336
Gent · Eq €8.05M
ISOTHERMOS
BE 0402.963.536
Anderlecht · Eq €9.43M
Of 1,565 companies in sector 46900 we hold annual accounts for 920. 276 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded02-01-1988
Fiscal year end31-12
Activities, NACEBEL 2025
46831Wholesale of construction materials, general range
46900Non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.