Grain de Vie

Active

Non-profit associationfounded 1997active for 29 yearsRue de la Station 122, 1410 Waterloo, BelgiumKBO/BCE: BE 0460.436.630

Summary

Grain de Vie has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €510,395 and a net result of €31,365, of which €32,321 non-recurring income. Equity remains stable across the filed financial years (±2.4% per year). Its solvency ranks better than 95% of 5,014 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow Report Compare

Grain de VieActiveChecked score 96/100

Risk analysis Report Compare

Activity

Retail sale of bread and pastry (bakery outlets)

NACE 47241Social work activities without accommodation NACE 88106

1 site

Size

€567,445total assets 2025

Staff: 3.6 FTE
Equity: €510,395
Surplus: €31,365

Financial health

96 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: < 0.1%

Structure

Board: 8 members

2025 accounts 46 days early3 of 12 deeds summarised

Why 96lowers riskLegal form: non-profit associationLiquidity: current ratio 5.07, cash €149,651Equity €510,395 (89.9% of total assets)Founded in 1997Show the evidence

Checked score

Score 2025

96 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 69% of its sector peers (NACE 47, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 100=

equity 89.9% of total assets

Liquidity 83+7

short-term debt 6.8% · cash 26.4%

Profitability 76+6

return on assets 5.5%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.6% (40,231 companies, NACE 47, micro)

Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025highest value 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%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 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%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026lowest value

Credit of up to €45,000 on 30-day terms is acceptable

Liquidity ample (current ratio 5.07, compared with 2.09 in 2024, above the usual 1.5; short-term debt: 6.8% and cash: 26.4% of total assets), and 10.1% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 92% on solvency, 86% on liquidity, 63% on profitability and 34% on growth.

The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskneutral

Legal form: non-profit association

KBO

Liquidity: current ratio 5.07, cash €149,651

NBB · annual accounts

Equity €510,395 (89.9% of total assets)

NBB · annual accounts

Founded in 1997

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-06-2026, 46 days ahead of the deadline.

NBB · 7 filings

Deviation from the deadline

2025

46 days early

2024

44 days early

2023

51 days early

2022

42 days early

2021

34 days early

2020

32 days early

2019

10 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 34 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)

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 17 June (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

25-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

25-06-2026 Resignation: Benoit Pirlot de Corbion (director)Reappointments: Marie-Evelyne Lebbe, Isabelle Stas…
15-06-2026 Annual accounts filedfinancial year 2025 · full…
31-12-2025 Highest result from 2019 to 2025net €31,365 ▲293%

Key points

Positive: Among the best 5% on solvencysector median 36.1% · 5,014 companies 89.9% View
Board changedlatest change 25-06-2026 · 8 in office 4 joined · 1 left View
Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View

By topic

Financials

Financial year: 2025
Total assets: €567,445
Profit: €31,365
Solvency: 89.9%

Total assets▼ 6.8%

Net result

20192025

Go to Financials

Board & ownership

Board: 8 members

Ghislaine MaistriauxDirector
Marc ChaudoirDirector
Alain De LonguevilleDirector
Isabelle Stas de RichelleDirector
Marie-Evelyne LebbeDirector

and 3 other directors

Go to Board & ownership

Timeline

Events: 17
Since: 2020
Next accounts: by 31-07-2027

31-12-2025Liquidity more than doubled
08-07-2025Reappointments: François Boels (director) and Michel Regout…
17-06-2025Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Non-profit association
Activity: Retail sale of bread and pastry (bakery outlets)NACE 47241
Founded: 24-04-1997
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 32

Purpose: “Assurer l'insertion socioprofessionnelle de personnes porteuses de déficiences mentales et…” (deed in French)

Go to Articles of association

Key facts about Grain de Vie

What is the company number of Grain de Vie?: 0460.436.630. In Belgium the VAT number is the company number with BE in front: BE 0460.436.630.
Where is Grain de Vie based?: The registered office is at Rue de la Station 122, 1410 Waterloo.Company details
What does Grain de Vie do?: According to the KBO register, the main activity is retail sale of bread and pastry (bakery outlets) (NACE 47241).
What is the legal form of Grain de Vie?: Non-profit association (VZW).
When was Grain de Vie founded?: On 24-04-1997.
Is Grain de Vie still active?: Yes, Grain de Vie is an active enterprise in the KBO register.
How many employees does Grain de Vie have?: On average 3.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Grain de Vie?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Grain de Vie profitable?: In financial year 2025, Grain de Vie made a profit of €31,365.
Where can I find the annual accounts of Grain de Vie?: Grain de Vie filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Grain de Vie due?: By 31-07-2027, for financial year 2026.Timeline