Bel'grains
ActiveBel'grains has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €59k and a net result of €6k. Equity is growing by ~36.8% per year across the filed fiscal years. Its solvency ranks better than 90% of 11238 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
92
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▼-20
Solvency100▲+19
Growth78=
Track record94
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 10.2 against 2.27 in 2024; short-term debt: 9.7% and cash: 49.7% of total assets), and 9.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
90.3%
Return on assets
9%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
30 d early
2024
63 d early
2023
96 d early
2022
32 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€59k▲ 11.0%
2024 · €53k
2022: €15k
2023: €28k
2024: €53k
2022 → 2025
Total assets
€65k▼ 30.9%
2024 · €95k
2022: €16k
2023: €68k
2024: €95k
2022 → 2025
Net result
€6k▼ 76.3%
2024 · €25k
2022: €-230
2023: €14k
2024: €25k
2022 → 2025
Working capital
€58k▲ 10.5%
2024 · €53k
2022: €14k
2023: €28k
2024: €53k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€15k-€28k▲ 92.6%€53k▲ 86.7%€59k▲ 11.0%
Operating result€-207-€17k€32k▲ 83.8%€8k▼ 73.8%
Net result€-230-€14k€25k▲ 80.4%€6k▼ 76.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 74% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €65k
Fixed assets
€500
Current assets
€65k
Equity and liabilities €65k
Equity
€59k▲ 11.0%
Debt
€6k▼ 84.7%
The debt ratio falls from 43.8% to 9.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€8k▼
2024 · €32k
Cash flow
€6k▼
2024 · €25k
Solvency
90.3%▲
2024 · 56.2%
Current ratio
10.20▲
2024 · 2.27
Quick ratio
7.87▲
2024 · 1.93
Debt / equity
0.11▼
2024 · 0.78
ROE
9.9%▼
2024 · 46.5%
ROA
9.0%▼
2024 · 26.1%
Interest coverage
202.11▼
2024 · 369.26
Debt
€6k▼
2024 · €41k
Debt ≤ 1 year
€6k▼
2024 · €41k
Income taxes
€2k▼
2024 · €7k
Staff costs
€20k▼
2024 · €20k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€95k€65k▼
Formation expenses20€401€200▼
Fixed assets21/28-€500
Financial fixed assets28-€500
Current assets29/58€94k€65k▼
Stocks and contracts in progress3€14k€15k▲
Stocks30/36€14k€15k▲
Amounts receivable within one year40/41€47k€17k▼
Trade receivables40€32k€15k▼
Other amounts receivable41€16k€2k▼
Cash at bank and in hand54/58€32k€32k▲
Deferred charges and accrued income490/1€250€250=
Equity and liabilities
Total equity and liabilities10/49€95k€65k▼
Equity10/15€53k€59k▲
Contributions10/11€15k€15k=
Profit (loss) carried forward14€38k€44k▲
Amounts payable17/49€41k€6k▼
Amounts payable within one year42/48€41k€6k▼
Trade debts44€24k€849▼
Suppliers440/4€24k€849▼
Taxes, remuneration and social security45€11k€5k▼
Taxes450/3€7k€2k▼
Remuneration and social security454/9€4k€3k▼
Other amounts payable47/48€6k-
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61€147k-
Remuneration, social security and pensions62€20k€20k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€200€200=
Other operating charges640/8€448€453▲
Gross operating margin9900€52k€29k▼
Operating profit (loss)9901€32k€8k▼
Financial income75/76B€0€19▲
Recurring financial income75€0€19▲
Financial charges65/66B€86€42▼
Recurring financial charges65€86€42▼
Profit (loss) for the period before taxes9903€32k€8k▼
Income taxes67/77€7k€2k▼
Profit (loss) for the period9904€25k€6k▼
Profit (loss) for the period to be appropriated9905€25k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€38k€44k▲
Profit (loss) brought forward from the previous period14P€13k€38k▲
The notes to these accounts (3 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
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Liquidity quadruplescurrent ratio 10.20
Current ratio from 2.27 to 10.20; short-term debt falls from €41k to €6k.
26-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2022net €25k ▲80.4%
Operating result €32k, net result €25k, both a record.
25-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
29-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
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, Gembloux · 1 establishment unit since 2021
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.
Chaussée de Namur 475030 GemblouxGround area
4,939 m²
Building footprint
1,206 m²
Volume, LiDAR
3,781 m³
2 parcels, Wallonia · tallest building 12.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Bel'grains
since 20212.322.647.677
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62053A0524/00F000 | Wallonia | 4,100 m² | 1 · 397 m² | 12.2 m · 3 fl. |
| 92053B0061/00X006 | Wallonia | 839 m² | 1 · 809 m² | - |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAwans2.322.647.677
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SOTREFI
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Of 77 companies in sector 46214 we hold annual accounts for 35. 21 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formCooperative company
Founded02-10-2021
Fiscal year end30-09
Activities, NACEBEL
46214Wholesale trade
46389Wholesale of other food products
28300Manufacture of machinery and equipment not elsewhere classified
46216Wholesale of agricultural produce and animal feed, general range
46610Wholesale trade
46852Wholesale trade
77310Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.belgrains.be
E-mail:info@belgrains.be