Equity
€320,978 ▲ 36.4%
ETALGRE paid out €22,253 in dividends. That is 21% of the 2025 profit.
ETALGRE
Lifetime
19 annual accounts with figures on one time axis, 22 filings since 2004peak €156,222 (2024)
€155,907▼ 0.2%
lowest -€15,743 (2020)
€107,893▲ 1.1%
peak €320,978 (2025)
€320,978▲ 36.4%
€61,301▼ 50.0%
Board1 name since 2021
1 directorDe Ruyter Peter
Documentsfilings and deeds
15-07-202616 days before the deadline
2025micro format
Dividend €22,253Equity from €235,338 to €320,978Debts from €122,696 to €61,301
Key points
from the 2025 annual accountsChecked score
99
Excellent
Financially stronger than 91% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025lowest value
03-2025: < 0.1%● unchanged vs 02-2025lowest value
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: 0.1%▲ +0.1 percentage points vs 09-2025highest value
11-2025: 0.1%● unchanged vs 10-2025highest value
12-2025: 0.1%● unchanged vs 11-2025highest value
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: < 0.1%▼ -0.1 percentage points vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: 0.1%▲ +0.1 percentage points vs 06-2026
08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 of the last 3 accounts late
lowers risk
Liquidity: current ratio 6.24, cash €301,089
Equity €320,978 (84.0% of total assets)
Founded in 2001
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 90% of them on solvency, 93% on liquidity, 95% on profitability and 84% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 31,368 companies had the same profile as ETALGRE has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ETALGRE itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for ETALGRE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 6.24 (2.92 in 2024), above the usual 1.5. Short-term debt is 16% and cash 78.8% of total assets. 16% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 days early
2024
48 days late
2023
27 days late
2022
28 days late
2021
30 days late
2020
30 days late
2019
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 25 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0475991965
Registered office moved to Jabbeke
New registered office: Oude Dorpsweg 63 V1A2, 8490 Jabbeke · General meeting of 08-07-2017 · Gazette deed
Registered office moved from Bruges to Varsenare
New registered office: Oude Dorpsweg 63 bus 4-8490 Varsenare · Previous registered office: AUGUSTIJNENREI 15 BUS 3, 8000 BRUGGE · General meeting of 08-07-2017 · Gazette deed
First establishment
Oude Dorpsweg 63, Jabbeke
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ETALGRE Jabbeke | €382,279 | €155,907 | 84.0% | - |
| CREACON CONSULT Oostkamp | €473,782 | €170,350 | 78.6% | - |
| MEAT TRADERS Kasterlee | €386,200 | €129,812 | 54.4% | - |
| MY PLACE REAL ESTATE Jalhay | €395,764 | €201,531 | 24.7% | - |
| LA CUCINA QUALITY CHEFS Herenthout | €358,896 | €115,587 | 5.9% | - |
| PHENCIZ Izegem | €354,957 | €91,625 | 94.1% | - |
| NATURALYS Lasne | €262,782 | €165,174 | 68.9% | - |
These companies have the same main activity as ETALGRE: agents in the wholesale of food, beverages and tobacco (NACE 46170). They are comparable in size and age: total assets between €263,000 and €474,000, founded between 1999 and 2004.
Official details
Source: KBO- Status
- Active since 29-10-2001Normal situation
- Activity
- Agents in the wholesale of food, beverages and tobaccoNACE 46170
- Establishment unit
- 2.116.725.7838490 Jabbeke, since 21-11-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 08-12-2025
Annual accounts 2025
- ≈ €590,000estimated
- €382,279▲ 6.8%
- Filing
- Filed on 15-07-2026, 16 days before the end of the filing period
Insights on ETALGRE
ETALGRE files the micro format. That format states no turnover. The gross margin rose from €17,955 in 2007 to €155,907 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ETALGRE
- What is the company number of ETALGRE?
- The company number of ETALGRE is 0475.991.965. The VAT number is the same number with BE in front: BE 0475.991.965.
- Where is ETALGRE based?
- The registered office is at Oude Dorpsweg 63, 8490 Jabbeke.Company details
- What does ETALGRE do?
- According to the KBO register, the main activity is agents in the wholesale of food, beverages and tobacco (NACE 46170).
- What is the legal form of ETALGRE?
- ETALGRE is a private limited company (pre-2019) (BVBA).
- When was ETALGRE founded?
- ETALGRE was founded on 29-10-2001.
- Is ETALGRE still active?
- Yes, ETALGRE is an active enterprise in the KBO register.
- What is the turnover of ETALGRE?
- The turnover in financial year 2025 is ≈ €590,000. This figure is estimated from the gross margin of €155,907 and 31 comparable companies (NACE 461). It probably lies between €270,000 and €1.4m.Financials
- Is ETALGRE profitable?
- In financial year 2025, ETALGRE made a profit of €107,893.
- Where can I find the annual accounts of ETALGRE?
- ETALGRE filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ETALGRE due?
- ETALGRE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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