MyGrid
ActiveSummary
The computed 12-month bankruptcy probability of MyGrid is 3.1% (moderate). The annual accounts of MyGrid for fiscal year 2025 show a net loss of 76% of the equity at the start of that year. The 2025 annual accounts show equity of €259k and a net result of €-242k. Equity is growing by ~46.4% per year across the filed fiscal years. Its solvency ranks better than 28% of 1309 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
43
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-69
Solvency51▼-24
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.67 against 3.87 in 2024; short-term debt: 23.8% and cash: 23.3% of total assets), but 74.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
232425
2023 to 2025 · latest year €-242k
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 31-07-2026, 0 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
on the day
2024
27 d late
2023
5 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€259k▼ 18.5%
2024 · €318k
2023: €19k
2024: €318k
2023 → 2025
Total assets
€1.00M▲ 58.1%
2024 · €635k
2023: €220k
2024: €635k
2023 → 2025
Net result
€-242k▼ 36,533%
2024 · €-661
2023: €-96k
2024: €-661
2023 → 2025
Working capital
€159k▼ 55.1%
2024 · €354k
2023: €86k
2024: €354k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€19k-€318k▲ 1,612%€259k▼ 18.5%
Operating result€-92k-€372€-232k
Net result€-96k-€-661▲ 99.3%€-242k▼ 36,533%
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 €232k after €372 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.00M
Fixed assets
€607k ▲ 283%
Current assets
€397k ▼ 16.6%
Equity and liabilities €1.00M
Equity
€259k ▼ 18.5%
Debt
€746k ▲ 135%
Debt's share of the balance-sheet total rises from 50.0% to 74.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-46k▼
2024 · €48k
Cash flow
€-57k▼
2024 · €47k
Current ratio
1.67▼
2024 · 3.87
Quick ratio
1.12▼
2024 · 3.87
Debt to equity
2.88▲
2024 · 1.00
ROE
-93.5%▼
2024 · -0.2%
ROA
-24.1%▼
2024 · -0.1%
Interest coverage
-3.70▼
2024 · 40.72
Debt ≤ 1 year
€239k▲
2024 · €123k
Debt > 1 year
€262k
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€635k€1.00M▲
Fixed assets21/28€159k€607k▲
Intangible fixed assets21€159k€523k▲
Tangible fixed assets22/27-€79k
Plant, machinery and equipment23-€79k
Furniture and vehicles24-€526
Financial fixed assets28-€5k
Current assets29/58€477k€397k▼
Stocks and contracts in progress3-€131k
Stocks30/36-€131k
Amounts receivable within one year40/41€65k€30k▼
Trade receivables40€44k€19k▼
Other amounts receivable41€20k€10k▼
Cash at bank and in hand54/58€411k€234k▼
Deferred charges and accrued income490/1€1k€3k▲
Equity and liabilities
Total equity and liabilities10/49€635k€1.00M▲
Equity10/15€318k€259k▼
Contributions10/11€415k€598k▲
Profit (loss) carried forward14€-97k€-339k▼
Amounts payable17/49€317k€746k▲
Amounts payable after more than one year17-€262k
Financial debts170/4-€262k
Amounts payable within one year42/48€123k€239k▲
Current portion of amounts payable after more than one year42-€38k
Financial debts43€790€2k▲
Credit institutions430/8€790€2k▲
Trade debts44€75k€180k▲
Suppliers440/4€75k€180k▲
Advances received on contracts in progress46€25k€0▼
Taxes, remuneration and social security45€3k€0▼
Taxes450/3€1k€0▼
Remuneration and social security454/9€2k€0▼
Other amounts payable47/48€19k€19k▼
Accrued charges and deferred income492/3€194k€245k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48k€185k▲
Other operating charges640/8€387€400▲
Gross operating margin9900€49k€-46k▼
Operating profit (loss)9901€372€-232k▼
Financial income75/76B€153€2k▲
Recurring financial income75€153€2k▲
Financial charges65/66B€1k€13k▲
Recurring financial charges65€1k€13k▲
Profit (loss) for the period before taxes9903€-661€-242k▼
Profit (loss) for the period9904€-661€-242k▼
Profit (loss) for the period to be appropriated9905€-661€-242k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-97k€-339k▼
Profit (loss) brought forward from the previous period14P€-96k€-97k▼
The notes to these accounts (14 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-242k
Net result drops to €-242k, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Equity above €200kEq €318k ▲1,612%
Equity rises from €19k to €318k.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Diest · 2 establishment units since 2022
Ground area
7,124 m²
Building footprint
4,532 m²
Volume, LiDAR
78,092 m³
2 parcels, Brussels, Flanders · tallest building 26.2 m, ±7 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
MyGrid
since 20222.335.732.878
Kantersteen 12, 1000 Brussel
since 20252.384.277.321
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21804D1049/00D002 | Brussels | 4,348 m² | 1 · 4,347 m² | 26.2 m · 7 fl. |
| 24120E0075/00E002 | Flanders | 2,775 m² | 1 · 185 m² | 9.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2022 to 2025 · 12 entries · 449,650 EUR awarded · 332,999 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 5 | 0 EUR | 133,570 EUR |
| 2024 | 2 | 336,221 EUR | 136,000 EUR |
| 2023 | 3 | 56,429 EUR | 31,429 EUR |
| 2022 | 2 | 57,000 EUR | 32,000 EUR |
Schemes
Ontwikkelingsproject
Innovatieve starterssteun
Kmo-groeisubsidie: steun voor groeitrajecten bij kmo's (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Subsidies voor internationaal ondernemen
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Of 1,225 companies in sector 33200 we hold annual accounts for 677. 504 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
Founded22-08-2022
Fiscal year end31-12
Activities, NACEBEL 2025
33200Installation of industrial machinery and equipment
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.