Façon Grenadine
ActiveThe computed 12-month bankruptcy probability of Façon Grenadine is 2.9% (moderate). The 2025 annual accounts show negative equity (€-27k) and a net result of €4k. Equity is shrinking by ~74.2% per year across the filed fiscal years. Its solvency ranks better than 15% of 1543 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
49
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+72
Solvency9▲+2
Growth32=
Track record94
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 1.62 against 0.19 in 2024; short-term debt: 15.7% and cash: 16.7% of total assets), but equity is negative.
Credit advice for your own amount and term
Signals
Eight 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 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
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
-15.8%
Return on assets
2.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 1543 sector peers (2025).
NBB · sector comparisonPosition among 1543 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
17 d late
2024
38 d early
2023
1 d late
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-27k▲ 13.9%
2024 · €-31k
2023: €13k
2024: €-31k
2023 → 2025
Total assets
€170k▼ 2.2%
2024 · €174k
2023: €191k
2024: €174k
2023 → 2025
Net result
€4k
2024 · €-44k
2023: €8k
2024: €-44k
2023 → 2025
Working capital
€17k
2024 · €-127k
2023: €-102k
2024: €-127k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€13k-€-31k€-27k▲ 13.9%
Operating result€12k-€-39k€10k
Net result€8k-€-44k€4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €10k after a loss of €39k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €169k
Fixed assets
€126k▼ 11.7%
Current assets
€43k▲ 44.5%
Key figures and ratios
EBITDA
€51k▲
2024 · €-4k
Cash flow
€45k▲
2024 · €-9k
Solvency
-15.8%▲
2024 · -17.9%
Current ratio
1.62▲
2024 · 0.19
Quick ratio
1.46▲
2024 · 0.17
Debt / equity
-7.33▼
2024 · -6.57
ROA
2.6%▲
2024 · -25.4%
Interest coverage
8.53▲
2024 · -0.70
Debt
€197k▼
2024 · €205k
Debt ≤ 1 year
€27k▼
2024 · €157k
Debt > 1 year
€170k▲
2024 · €49k
Income taxes
€194▲
2024 · €135
Staff costs
€38k
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€174k€170k▼
Formation expenses20€2k€1k▼
Fixed assets21/28€142k€126k▼
Intangible fixed assets21€48k€35k▼
Tangible fixed assets22/27€94k€91k▼
Plant, machinery and equipment23€43k€37k▼
Furniture and vehicles24€2k€3k▲
Leasing and similar rights25€3k€2k▼
Other tangible fixed assets26€47k€50k▲
Current assets29/58€30k€43k▲
Stocks and contracts in progress3€3k€4k▲
Stocks30/36€3k€4k▲
Amounts receivable within one year40/41€15k€5k▼
Trade receivables40€3k€3k▲
Other amounts receivable41€12k€1k▼
Cash at bank and in hand54/58€4k€28k▲
Deferred charges and accrued income490/1€8k€6k▼
Equity and liabilities
Total equity and liabilities10/49€174k€170k▼
Equity10/15€-31k€-27k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€-36k€-32k▲
Amounts payable17/49€205k€197k▼
Amounts payable after more than one year17€49k€170k▲
Financial debts170/4€49k€39k▼
Other amounts payable178/9-€131k
Amounts payable within one year42/48€157k€27k▼
Current portion of amounts payable after more than one year42€9k€9k▲
Trade debts44€9k€7k▼
Suppliers440/4€9k€7k▼
Taxes, remuneration and social security45€3k€11k▲
Taxes450/3€3k€2k▼
Remuneration and social security454/9-€9k
Other amounts payable47/48€136k-
Accrued charges and deferred income492/3€31€20▼
Income statement
Code20242025
Remuneration, social security and pensions62-€38k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€41k▲
Other operating charges640/8€941€1k▲
Non-recurring operating charges66A€3k€245▼
Gross operating margin9900€-84€90k▲
Operating profit (loss)9901€-39k€10k▲
Financial income75/76B€147€95▼
Recurring financial income75€147€95▼
Financial charges65/66B€5k€6k▲
Recurring financial charges65€5k€6k▲
Profit (loss) for the period before taxes9903€-44k€5k▲
Income taxes67/77€135€194▲
Profit (loss) for the period9904€-44k€4k▲
Profit (loss) for the period to be appropriated9905€-44k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-36k€-32k▲
Profit (loss) brought forward from the previous period14P€8k€-36k▼
The notes to these accounts (12 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
17-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 17 days late
2025
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
31-12
Financial
Liquidity times 8current ratio 1.62
Current ratio from 0.19 to 1.62; short-term debt falls from €157k to €27k.
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-44k ▼654%
Net result drops to €-44k, the lowest in the series; recovery starts the following year.
01-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 1 day 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, Verviers · 1 establishment unit since 2023
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.
Rue Donheid 954800 VerviersGround area
8,139 m²
Building footprint
281 m²
Volume, LiDAR
1,838 m³
2 parcels, Wallonia · tallest building 9.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Façon Grenadine
since 20232.344.156.933
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63022A0653/00E002 | Wallonia | 7,855 m² | 1 · 199 m² | 9.4 m · 2 fl. |
| 63452B0038/00C000 | Wallonia | 284 m² | 1 · 82 m² | 9.3 m · 3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 sitePepinster2.344.156.933
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Of 611 companies in sector 10520 we hold annual accounts for 236. 150 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-04-2023
Fiscal year end31-12
Activities, NACEBEL
10520Manufacture of food products
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.