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GRFR

Active
Rue Victor Close 52 ·4800 Verviers, Belgium
KBO/BCE: BE 0755.371.068
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Age5 yrs
Connections1
Real estate1 parcel · 3,758 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of GRFR is 0.6% (low). The 2023 annual accounts show equity of €346k and a net result of €90k. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 13 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 4 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 30-06-2025 31 d early 2025-00228008
31-12-2023 31-07-2024 20-08-2024 20 d late 2024-00355495
31-12-2022 31-07-2023 31-07-2023 on the day 2023-00293533
31-12-2021 31-07-2022 30-08-2022 30 d late 2022-20356013

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.6% Low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector −Young company +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€90k
Working capital€-17k

Annual accounts & ratios

Source: NBB · 2023
Annual accounts filed on 30-06-2025 with the NBB · fiscal year 2024 · micro
Fiscal year2023
Depositmicro
Revenue-
EBITDA€78k
Net profit€90k
Cash flow€99k
Staff costs-
Income taxes€15k
Dividends-
Total assets€1.08M
Equity€346k
Debt€734k
of which ≤ 1y€88k
of which > 1y€631k
Working capital€-17k
Employees (FTE)-
Ratios (computed)
2023
Current ratio0.81
Quick ratio0.81
Working capital ratio-1.6%
Solvency32.0%
Debt / equity2.12
Long-term debt ratio1.83
Interest coverage4.72
Gross margin-
Net margin-
ROA8.3%
ROE25.9%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€1.08M
Fixed assets 21/28€1.01M
Tangible fixed assets 22/27€36k
Financial fixed assets 28€972k
Current assets 29/58€71k
Amounts receivable within one year 40/41€41k
Cash & bank 54/58€27k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1.08M
Equity 10/15€346k
Contributions / capital 10/11€10k
Accumulated profits (losses) 14€336k
Amounts payable 17/49€734k
Amounts payable after one year 17€631k
Amounts payable within one year 42/48€88k
Trade debts payable within one year 44€2k
Income statement
Gross operating margin 9900€79k
Operating result 9901€68k
Financial income 75€52k
Financial charges 65€16k
Result before taxes 9903€104k
Income taxes 67/77€15k
Net result for the period 9904€90k
Result to be appropriated 9905€90k
Ratios computed by Checked.

Health barometer

FY 2023 · computed
58 / 100 Fair
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

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Computed by Checked from the NBB filing for FY 2023. Indicative, not credit advice.

Structure & network

Connections & network

1 connected company
Group structure
CPI TECHNOLOGIES
We sit on their board · 1 location
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Ownership & control

1 party
GRFRBE 0755.371.068
controls
Where this company holds controlthis company sits on their board1
CPI TECHNOLOGIES
1 location

Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.

Locations & real estate

Registered office

from the Crossroads Bank
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 Victor Close 524800 Verviers

Establishment units

1 location
GRFR
Rue de l'Avenir 16, 4890 Thimister-ClermontHandelsbemiddeling in de niet-gespecialiseerde groothandel
since 20202.307.696.712
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area3,758 m²
Buildings1
Building footprint235 m²
Volume (LiDAR)1,241 m³
Tallest building15.5 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63576A0055/00B003 Wallonia 3,758 m² 1 · 235 m² 15.5 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

1 acts
All acts · 1 updated 3 months ago
2026
12-05-2026 General meeting · Officer resignation · Act object Open-capture extraction
  • Filing: 2025-04-24 · CPI TECHNOLOGIES
  • General meeting: date: 2026-04-13, type: assemblée générale extraordinaire · CPI TECHNOLOGIES
  • Officer resignation: date: 2026-03-24, role: administrateur · Meler-Fite Joan
  • Publication: 2026-05-12
  • Act object: Démission administrateur
Summary: General meeting · Officer resignation · Act object

Analysis

Snowflake analysis

financial profile on 5 axes
Health58Profitability100Solvency46Growth-Stability79
71 / 100

Strong profile, led by profitability.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 58
Profitability 100
Solvency 46
Growth -
Stability 79

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Comparable size, same sector
We hold annual accounts for 15,318 of the 81,985 companies in this sector. 10,248 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Ingenieurs en aanverwante technische adviseurs, exclusief landmeters71121Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts71121
Primary activity highlighted.
Names & trade names
Legal nameFR GRFR
Registered office
Rue Victor Close 52
4800 Verviers, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.