Grit Brands
ActiveSummary
Grit Brands has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €69k and a net result of €-11k. Equity is growing by ~13.3% per year across the filed fiscal years. Its solvency ranks better than 76% of 7029 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability3▼-72
Solvency100▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 4.21 against 4.9 in 2024; short-term debt: 19.6% and cash: 38.2% of total assets), and 20.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
79.2%
Return on assets
-12.6%
Age of the figures
9 mo
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 30-06-2026, 31 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
31 d early
2024
23 d early
2023
5 d early
2022
21 d early
2021
11 d early
2020
1 d early
2019
40 d late
← 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
€69k▼ 15.5%
2024 · €81k
2019: €41k
2020: €49k
2021: €56k
2022: €71k
2023: €78k
2024: €81k
2019 → 2025
Total assets
€87k▼ 23.0%
2024 · €113k
2019: €126k
2020: €138k
2021: €127k
2022: €122k
2023: €120k
2024: €113k
2019 → 2025
Net result
€-11k
2024 · €5k
2019: €20k
2020: €8k
2021: €9k
2022: €14k
2023: €7k
2024: €5k
2019 → 2025
Working capital
€54k▼ 22.7%
2024 · €70k
2019: €56k
2020: €57k
2021: €62k
2022: €75k
2023: €65k
2024: €70k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€56k-€71k▲ 25.7%€78k▲ 9.8%€81k▲ 4.7%€69k▼ 15.5%
Operating result€18k-€25k▲ 41.8%€13k▼ 45.9%€13k▼ 2.4%€-10k
Net result€9k-€14k▲ 68.3%€7k▼ 52.1%€5k▼ 23.6%€-11k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €10k after €13k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €87k
Fixed assets
€15k ▼ 36.7%
Current assets
€71k ▼ 19.3%
Equity and liabilities €87k
Equity
€69k ▼ 15.5%
Debt
€18k ▼ 42.6%
Debt's share of the balance-sheet total falls from 27.8% to 20.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-860▼
2024 · €29k
Cash flow
€-2k▼
2024 · €21k
Current ratio
4.21▼
2024 · 4.90
Quick ratio
4.13▼
2024 · 4.83
Debt to equity
0.26▼
2024 · 0.39
ROE
-15.9%▼
2024 · 6.5%
ROA
-12.6%▼
2024 · 4.7%
Interest coverage
-1.37▼
2024 · 9.00
Debt ≤ 1 year
€17k▼
2024 · €18k
Debt > 1 year
€1k▼
2024 · €13k
Income taxes
€546▼
2024 · €5k
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 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€113k€87k▼
Fixed assets21/28€24k€15k▼
Intangible fixed assets21€8k€7k▼
Tangible fixed assets22/27€16k€9k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€13k€6k▼
Current assets29/58€88k€71k▼
Stocks and contracts in progress3€1k€1k▼
Stocks30/36€1k€1k▼
Amounts receivable within one year40/41€23k€33k▲
Trade receivables40€14k€18k▲
Other amounts receivable41€9k€15k▲
Cash at bank and in hand54/58€56k€33k▼
Deferred charges and accrued income490/1€8k€4k▼
Equity and liabilities
Total equity and liabilities10/49€113k€87k▼
Equity10/15€81k€69k▼
Contributions10/11€6k€6k=
Reserves13€76k€63k▼
Distributable reserves133€76k€63k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€31k€18k▼
Amounts payable after more than one year17€13k€1k▼
Financial debts170/4€13k€1k▼
Amounts payable within one year42/48€18k€17k▼
Current portion of amounts payable after more than one year42€12k€12k▲
Financial debts43€39€19▼
Credit institutions430/8€39€19▼
Trade debts44€683€815▲
Suppliers440/4€683€815▲
Taxes, remuneration and social security45€4k€3k▼
Taxes450/3€4k€3k▼
Other amounts payable47/48€1k€1k▼
Accrued charges and deferred income492/3€25€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€9k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€30k€793▼
Operating profit (loss)9901€13k€-10k▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€3k€628▼
Recurring financial charges65€3k€628▼
Profit (loss) for the period before taxes9903€10k€-10k▼
Income taxes67/77€5k€546▼
Profit (loss) for the period9904€5k€-11k▼
Profit (loss) for the period to be appropriated9905€5k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€5k€-11k▼
Transfer from equity791/2€2k€13k▲
Transfer to equity691/2€5k€0▼
To other reserves6921€5k€0▼
Profit to be distributed694/7€2k€2k=
Return on contributions (dividend)694€2k€2k=
The notes to these accounts (8 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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-11k ▼306%
Net result drops to €-11k, the lowest in the series.
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 40 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Rumst · 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.
Tuinwijklaan 242840 RumstGround area
227 m²
Building footprint
91 m²
Volume, LiDAR
645 m³
Parcel 11045A0263/00R002, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Grit Brands
since 20172.264.264.763
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11045A0263/00R002 | Flanders | 226 m² | 1 · 91 m² | 11.6 m · 3 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.
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Of 13,421 companies in sector 73300 we hold annual accounts for 6,901. 5,591 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
Founded17-05-2017
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
82990Other business support services
70200Business and other management consultancy
73200Market research and public opinion polling
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.