Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
-
Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2024; threshold 65 %.
-
Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
Granite River Labs Belgium from Genk, company number BE0790440825, closed financial year 2024 with a result of € -191,301 after tax. For that financial year Granite River Labs Belgium recorded a gross margin of € 280,199 and equity of € -691,201. Compared with financial year 2023, the result moved from € -491,462 to € -191,301. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 1, 2025.
€ -691,201
▼ € 191,301 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -191,301
▲ 61 % less loss than in 2023
Profit after tax over the fiscal year.
€ 23,328
▲ 142% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -691,201.
People and assets in 2024
2.9
▲ 0.9 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 428,883
▼ 7% vs 2023
€ 147,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 73,450
▲ 27% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 66,334
▲ 11% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € -9,105 | € -15,426 | € 280,199 | ▲ € 295,625 |
| Profit after taxes | € -8,438 | € -491,462 | € -191,301 | ▲ € 300,161 |
| Equity | € -8,438 | € -499,900 | € -691,201 | ▼ € 191,301 |
| Total debts | € 28,839 | € 604,217 | € 841,317 | ▲ 39% |
| Cash | - | € 9,626 | € 23,328 | ▲ 142% |
| Retained profit | € -8,438 | € -499,900 | € -691,201 | ▼ € 191,301 |
| Balance sheet total | € 20,401 | € 104,317 | € 150,117 | ▲ 44% |
| Employees (FTE) | - | 2 | 2.9 | ▲ 0.9 |
Key figures of Granite River Labs Belgium, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Granite River Labs Belgium?
What happened at Granite River Labs Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 191,301. filed late Source: NBB ↗
- New establishment in Genk. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,438 loss in 2022 to € 191,301 loss in 2024.
Paid € 13,052 in corporate taxes since 2022.
On average € 96,600 of value added per employee in 2024.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Granite River Labs Belgium is Kristof Mommen.
Directors
According to the 2024 annual accounts
Kristof Mommen
Director
Establishments
Establishment units
Physical locations of this company
Rootenstraat 25 box 11
3600 Genk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
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Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARESPECTRUM Cloudflare, Inc., US
DNS
AWS Route 53
Domain
Domain
graniteriverlabs.com
Registered
2009-09-15
Registrar
GoDaddy.com, LLC
Expires
2026-09-15
Website info
Features
Security
Details
- Company number
- 0790.440.825
- VAT number
- BE 0790.440.825
- Registered office
- Rootenstraat 25 bus 11, 3600 Genk
- Names & denominations
- Granite River Labs Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 September 2022
- Peppol
- Active · Active since 21 Oct 2025
- Contact
- graniteriverlabs.com
- Activities · NACE
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