Grensgeval
The computed 12-month bankruptcy probability of Grensgeval is < 0.1% (very low). The 2023 annual accounts show equity of €176k and a net result of €36k. Equity is growing by ~38.2% per year across the filed fiscal years. Its solvency ranks better than 58% of 512 sector peers (fiscal year 2023). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €176k |
| Net result | €36k |
| Better than sector | 58% |
| Active | 12 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 52.8% | 45.9% | |
| Net result | €36k | €7k | |
| Equity | €176k | €22k | |
| Gross operating margin | €128k | €19k | |
| Staff costs | €89k | €26k |
Show 8 other metrics
| Fiscal year | 2023 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €38k |
| Net profit | €36k |
| Cash flow | €38k |
| Staff costs | €89k |
| Income taxes | - |
| Dividends | - |
| Total assets | €333k |
| Equity | €176k |
| Debt | €157k |
| of which ≤ 1y | €62k |
| of which > 1y | - |
| Working capital | €262k |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 5.23 |
| Quick ratio | 5.23 |
| Working capital ratio | 78.5% |
| Solvency | 52.8% |
| Debt / equity | 0.89 |
| Long-term debt ratio | - |
| Interest coverage | 294.86 |
| Gross margin | - |
| Net margin | - |
| ROA | 10.7% |
| ROE | 20.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (20 line items)
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €333k |
| Fixed assets | 21/28 | €10k |
| Tangible fixed assets | 22/27 | €9k |
| Financial fixed assets | 28 | €850 |
| Current assets | 29/58 | €324k |
| Amounts receivable within one year | 40/41 | €114k |
| Cash & bank | 54/58 | €208k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €333k |
| Equity | 10/15 | €176k |
| Accumulated profits (losses) | 14 | €176k |
| Amounts payable | 17/49 | €157k |
| Amounts payable within one year | 42/48 | €62k |
| Trade debts payable within one year | 44 | €49k |
| Income statement | ||
| Gross operating margin | 9900 | €128k |
| Operating result | 9901 | €36k |
| Financial income | 75 | €6 |
| Financial charges | 65 | €130 |
| Result before taxes | 9903 | €36k |
| Net result for the period | 9904 | €36k |
| Result to be appropriated | 9905 | €36k |
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Current27-08-2024 → present
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Current09-08-2021 → present
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Current09-08-2021 → present
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Current09-08-2021 → present
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Current09-08-2021 → present
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Current09-08-2021 → present
Former directors (1)
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Former- → 27-08-2024
| NACE primary | Promotie en organisatie van scheppende en uitvoerende kunstevenementen(90391) |
| Legal form | Non-profit association(017) |
| Incorporation | 02-08-2014 |
| Status | Active |
| Postal code | 9000 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44810K0133/00Y000 | Flanders | 171 m² | 1 · 84 m² | 10.6 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
06-05-2026 General meeting · Officer resignation · Officer appointment · Power of attorney
- Filing: 2026-04-10 · Grensgeval
- General meeting: 2026-04-01 · Grensgeval
- Officer resignation: role: lid van het bestuursorgaan, effective_date: 2026-04-01 · Sam Desiere
- Officer appointment: role: lid van het bestuursorgaan, effective_date: 2026-04-01 · Melina Ghassemi Nejad
- Power of attorney: date: 2026-04-01, purpose: ter ondertekening van het verslag, granted_by: de leden · Van Royen Tobias
- Board meeting: 2026-04-01 · Grensgeval
- Permanent representative: role: dagelijks bestuur, effective_date: 2026-04-01 · Mahlu Mertens
- Power of attorney: date: 2026-04-01, purpose: de ondertekening van deze notulen, granted_by: het bestuursorgaan · Van Royen Tobias
- Publication: 2026-05-06
- Act object: aanvaarding ontslag en benoeming leden bestuursorgaan, aanvaarding
- Power of attorney · Grensgeval
- Power of attorney · Grensgeval
- Power of attorney · Grensgeval
- Power of attorney · Grensgeval
- Power of attorney · Grensgeval
- Power of attorney · Grensgeval
- Power of attorney · Grensgeval
- Power of attorney · Grensgeval
- Power of attorney · Grensgeval
Technical details
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}30-09-2024 1 director appointed, 1 resigning
- Margo Temmerman, Bestuurder
- Anton Christlaens, Bestuurder
Technical details
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}09-08-2021 5 directors appointed
- Desiere Sam, Bestuurder
- Vanlerberghe Elke, Bestuurder
- David Bauwens, Bestuurder
- Dominique Collet, Bestuurder
- Matthias Vermael, Bestuurder
Technical details
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}20-08-2014 Incorporation of a new VZW
Technical details
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}| Legal nameNL | Grensgeval |