Checked.be
Active
BE 0417.632.114Private limited company (pre-2019)
GRISAR
Tenboslaan 15 ·1560 Hoeilaart, Belgium· 48 yrs active
Sector: Beroepsopleiding
(85592)
Conclusion
GRISAR has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €78k and a net result of €-31k. The computed 12-month bankruptcy probability is 0.1% (very low).
Based on the State Gazette, CBE and 1 annual account.
Key figures
| Equity | €78k |
| Net result | €-31k |
| Active | 48 yrs |
| Locations | 1 |
Financial profile
60
/ 100
Strong profile, led by solvency.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
55
Profitability
0
Solvency
100
Growth
-
Stability
85
Bankruptcy probability (12 mo)
0.1%
Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector
−Long track record
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 1977, 48 years in business.
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.
Health barometer
55
/ 100
Fair
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.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 25-08-2026 with the NBB · fiscal year 2025 · micro schema
| Fiscal year | 2025 |
|---|---|
| Deposit | micro schema |
| Revenue | - |
| EBITDA | €-17k |
| Net profit | €-31k |
| Cash flow | €-22k |
| Staff costs | - |
| Income taxes | €394 |
| Dividends | - |
| Total assets | €95k |
| Equity | €78k |
| Debt | €17k |
| of which ≤ 1y | €17k |
| of which > 1y | - |
| Working capital | €54k |
| Employees (FTE) | - |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 4.14 |
| Quick ratio | 4.14 |
| Working capital ratio | 56.6% |
| Solvency | 82.0% |
| Debt / equity | 0.22 |
| Long-term debt ratio | - |
| Interest coverage | -3.25 |
| Gross margin | - |
| Net margin | - |
| ROA | -33.0% |
| ROE | -40.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2025
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €95k |
| Fixed assets | 21/28 | €24k |
| Tangible fixed assets | 22/27 | €24k |
| Financial fixed assets | 28 | €24 |
| Current assets | 29/58 | €71k |
| Amounts receivable within one year | 40/41 | €29k |
| Cash & bank | 54/58 | €38k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €95k |
| Equity | 10/15 | €78k |
| Contributions / capital | 10/11 | €4k |
| Reserves | 13 | €105k |
| Accumulated profits (losses) | 14 | €-31k |
| Amounts payable | 17/49 | €17k |
| Amounts payable within one year | 42/48 | €17k |
| Trade debts payable within one year | 44 | €4k |
| Income statement | ||
| Gross operating margin | 9900 | €-15k |
| Operating result | 9901 | €-26k |
| Financial charges | 65 | €5k |
| Result before taxes | 9903 | €-31k |
| Income taxes | 67/77 | €394 |
| Net result for the period | 9904 | €-31k |
| Result to be appropriated | 9905 | €-31k |
Ratios computed by Checked.
Legal Structure
| NACE primary | Beroepsopleiding(85592) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 07-11-1977 |
| Status | Active |
| Postal code | 1560 |
Establishment units
GRISAR
since 19772.014.177.383
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
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.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23033A0745/00F000 | Flanders | 2,354 m² | 1 · 166 m² | 11.7 m · 3 fl. |
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.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2026
25-08-2026 NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
03-06-2025 NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
12-06-2024 NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
28-06-2023 NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
07-06-2022 NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
01-07-2021 NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
09-07-2020 NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
05-08-2019 NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
28-05-2018 NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
14-07-2017 NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Belgian State Gazette reading coverage
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Technische studiën en ingenieursactiviteiten74203Beroepsopleiding85592Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen68203Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts71121
Primary activity highlighted.
Names & trade names
| Legal nameNL | GRISAR |
Registered office
Tenboslaan 15
1560 Hoeilaart, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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