GRENSSTUBE
ActiveSummary
The computed 12-month bankruptcy probability of GRENSSTUBE is 2.2% (moderate). The 2025 annual accounts show negative equity (€-8k) and a net result of €7k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 20% of 13305 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
42
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▲+17
Solvency8▲+8
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.81 against 0.27 in 2024; short-term debt: 83.7% and cash: 2.7% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-16.6%
Return on assets
15.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 13305 sector peers (2025).
NBB · sector comparisonPosition among 13305 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
31 d late
2024
122 d late
2023
487 d late
2022
853 d late
2021
31 d late
2020
26 d late
2019
7 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, micro schema
Equity
€-8k▲ 48.4%
2024 · €-15k
2018: €10k
2019: €12k
2020: €3k
2021: €-7k
2022: €-14k
2023: €-15k
2024: €-15k
2018 → 2025
Total assets
€46k▲ 102%
2024 · €23k
2018: €29k
2019: €29k
2020: €39k
2021: €40k
2022: €30k
2023: €28k
2024: €23k
2018 → 2025
Net result
€7k▲ 2,010%
2024 · €337
2018: €4k
2019: €1k
2020: €-9k
2021: €-10k
2022: €-7k
2023: €-1k
2024: €337
2018 → 2025
Working capital
€-7k▲ 55.1%
2024 · €-16k
2018: €-7k
2019: €-3k
2020: €-14k
2021: €-10k
2022: €-21k
2023: €-20k
2024: €-16k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-7k-€-14k▼ 104%€-15k▼ 9.1%€-15k▲ 2.2%€-8k▲ 48.4%
Operating result€-8k-€-7k▲ 21.1%€-788▲ 88.0%€583€7k▲ 1,161%
Net result€-10k-€-7k▲ 26.8%€-1k▲ 82.3%€337€7k▲ 2,010%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 1,161% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €46k
Fixed assets
€15k ▼ 10.9%
Current assets
€31k ▲ 407%
Key figures and ratios
EBITDA
€9k▲
2024 · €4k
Cash flow
€9k▲
2024 · €4k
Solvency
-16.6%▲
2024 · -65.0%
Current ratio
0.81▲
2024 · 0.27
Quick ratio
0.72▲
2024 · 0.12
Debt to equity
-7.03▼
2024 · -2.54
ROA
15.6%▲
2024 · 1.5%
Interest coverage
35.74▲
2024 · 16.90
Debt
€53k▲
2024 · €37k
Debt ≤ 1 year
€38k▲
2024 · €22k
Debt > 1 year
€15k=
2024 · €15k
Staff costs
€30k▲
2024 · €10k
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 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€23k€46k▲
Fixed assets21/28€16k€15k▼
Tangible fixed assets22/27€16k€15k▼
Land and buildings22€13k€12k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€1k€663▼
Current assets29/58€6k€31k▲
Stocks and contracts in progress3€4k€4k=
Stocks30/36€4k€4k=
Amounts receivable within one year40/41€942€26k▲
Trade receivables40-€24k
Other amounts receivable41€942€2k▲
Cash at bank and in hand54/58€1k€1k▼
Deferred charges and accrued income490/1€193€193▲
Equity and liabilities
Total equity and liabilities10/49€23k€46k▲
Equity10/15€-15k€-8k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-23k€-16k▲
Amounts payable17/49€37k€53k▲
Amounts payable after more than one year17€15k€15k=
Financial debts170/4€15k€15k=
Amounts payable within one year42/48€22k€38k▲
Trade debts44€2k€30k▲
Suppliers440/4€2k€30k▲
Taxes, remuneration and social security45€3k€8k▲
Taxes450/3€3k€5k▲
Remuneration and social security454/9-€3k
Other amounts payable47/48€17k-
Income statement
Code20242025
Remuneration, social security and pensions62€10k€30k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€2k▼
Other operating charges640/8€4k€3k▼
Gross operating margin9900€18k€43k▲
Operating profit (loss)9901€583€7k▲
Financial income75/76B-€12
Recurring financial income75-€12
Financial charges65/66B€246€256▲
Recurring financial charges65€246€256▲
Profit (loss) for the period before taxes9903€337€7k▲
Profit (loss) for the period9904€337€7k▲
Profit (loss) for the period to be appropriated9905€337€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-23k€-16k▲
Profit (loss) brought forward from the previous period14P€-23k€-23k▲
The notes to these accounts (5 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €7k ▲2010%
Operating result €7k, net result €7k, both a record.
30-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 122 days late
30-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 487 days late
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 853 days late
2024
31-12
Financial
Back to profitnet €337
Net result €337 after 4 loss-making years.
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 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, Lanaken · 1 establishment unit since 2017
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.
2e Carabinierslaan 1543620 LanakenGround area
1,344 m²
Building footprint
233 m²
Volume, LiDAR
1,073 m³
Parcel 73088B0145/00V000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Grensstube
since 20172.270.173.251
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73088B0145/00V000 | Flanders | 1,344 m² | 1 · 233 m² | 7.6 m · 2 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
Food safety, FASFC
1 siteLanaken2.270.173.251
Similar companies · same sector, comparable size
Arsani BE
BE 0671.796.759
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GEMI GROUP
BE 0716.838.215
Anderlecht · Eq €2,887
THEVY
BE 0477.000.666
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LADNOM
BE 0789.286.327
Elsene · Eq €2,867
BROODJES DIETER
BE 0739.693.492
Denderleeuw · Eq €2,889
Of 21,888 companies in sector 56112 we hold annual accounts for 9,780. 3,835 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 formPrivate limited company
Founded22-11-2017
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.