Skip to content

Gilles De Graeve

Active
Private limited companyfounded 2023active for 3 yearsJozef Duthoystraat 149, 8790 Waregem, BelgiumKBO/BCE: BE 0803.549.087
Summary

Gilles De Graeve has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €68,956 and a net result of €20,056. Equity has been growing by about 39% per year since 2023. Its solvency ranks better than 84% of 22,773 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 04-07-2023 Normal situation
Activity
Retail sale of meat and meat products, excluding game and poultry NACE 47221and 5 others
Establishment unit
2.348.115.325 8790 Waregem, since 04-07-2023
Financial year end
31 December
Peppol
Reachable since 04-12-2025

Board and ownership

Board

Financial position

89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Gross margin
€35,227
▼ 2.7%
Turnover
≈ €340,000
estimated
Profit
€20,056
▼ 4.0%
Equity
€68,956
▲ 36.8%
Total assets
€92,069
▲ 15.0%
Score breakdownraises riskFounded in 2023Size: total assets €92,069lowers riskLiquidity: current ratio 4.12, cash €40,157Equity €68,956 (74.9% of total assets)Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 88% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Strong
Solvency 100+12
equity 74.9% of total assets
Liquidity 95+13
short-term debt 17.9% · cash 43.6%
Profitability 96-4
return on assets 21.8%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 2.7% 01-2025: 2.7%● unchanged vs 12-2024 02-2025: 2.9%▲ +0.2 percentage points vs 01-2025 03-2025: 3.0%▲ +0.1 percentage points vs 02-2025 04-2025: 2.9%▼ -0.1 percentage points vs 03-2025 05-2025: 3.0%▲ +0.1 percentage points vs 04-2025 06-2025: 3.1%▲ +0.1 percentage points vs 05-2025 07-2025: 3.1%● unchanged vs 06-2025 08-2025: 3.6%▲ +0.5 percentage points vs 07-2025highest value 09-2025: 0.7%▼ -2.9 percentage points vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.4%▼ -0.3 percentage points vs 04-2026lowest value 06-2026: 0.4%● unchanged vs 05-2026lowest value 07-2026: 0.4%● unchanged vs 06-2026lowest value 08-2026: 0.4%● unchanged vs 07-2026lowest value 09-2026: 0.4%● unchanged vs 08-2026lowest value 10-2026: 0.4%● unchanged vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.12 (3.36 in 2024), above the usual 1.5. Short-term debt is 17.9% and cash 43.6% of total assets. 25.1% of the assets are financed with debt and provisions.
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 47, micro). It does better than 85% of them on solvency, 94% on liquidity, 89% on profitability and 82% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 4.12, cash €40,157
NBB · annual accounts
raises risk · Founded in 2023
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: total assets €92,069
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €68,956 (74.9% of total assets)
NBB · annual accounts
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 23-04-2026, 99 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
99 days early
2024
20 days late
2023
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 26 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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 1 August (3 of the last 3 accounts filed within 100 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Key points

  • Positive: Higher solvency than 84% of companies in retail tradesector median 33.2% · 22,773 companies 74.9% View

Recent changes

  1. · Gazette deed IncorporationStarting capital €3,000 · Appointment: DE GRAEVE Gilles Stephan Christel (director)
All 4 events

Comparable companies

These companies have the same main activity as Gilles De Graeve: retail sale of meat and meat products, excluding game and poultry (NACE 47221). They are comparable in size and age: total assets between €77,500 and €115,000, founded between 2022 and 2024.

CompanyTotal assetsGross margin
Gilles De Graeve Waregem€92,069€35,227
SINA GROUP Ninove€95,215€45,032
KOUTOUBIA MEAT Sint-Lambrechts-Woluwe€101,883€49,787
BOGAERTS MARTINE Grez-Doiceau€95,920€34,653
L'ATELIER DE MATHIEU Ferrières€106,823€51,203
Boucherie ARGANA Liège€77,550€28,008
ABATTOIR COOPERATIF DE L'ENTRE SAMBRE ET MEUSE Froidchapelle€115,084€24,609
Full comparison

Key facts about Gilles De Graeve

What is the company number of Gilles De Graeve?
The company number of Gilles De Graeve is 0803.549.087. The VAT number is the same number with BE in front: BE 0803.549.087.
Where is Gilles De Graeve based?
The registered office is at Jozef Duthoystraat 149, 8790 Waregem.Company details
What does Gilles De Graeve do?
According to the KBO register, the main activity is retail sale of meat and meat products, excluding game and poultry (NACE 47221).
What is the legal form of Gilles De Graeve?
The legal form of Gilles De Graeve is Private limited company (BV).
When was Gilles De Graeve founded?
Gilles De Graeve was founded on 04-07-2023.
Is Gilles De Graeve still active?
Yes, Gilles De Graeve is an active enterprise in the KBO register.
What is the turnover of Gilles De Graeve?
The turnover in financial year 2025 is ≈ €340,000. This figure is estimated from the gross margin of €35,227 and 49 comparable companies (NACE 472). It probably lies between €190,000 and €570,000.Financials
Is Gilles De Graeve profitable?
In financial year 2025, Gilles De Graeve made a profit of €20,056.
Where can I find the annual accounts of Gilles De Graeve?
Gilles De Graeve filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Gilles De Graeve due?
Gilles De Graeve must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.