Skip to content

Grama

Active
Public limited companyfounded 195372 yrs activeEdingensesteenweg 196, 1500 Halle, BelgiumKBO/BCE: BE 0400.300.192
Summary

Grama has been active since 1953 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €555,934 and a net result of -€105,670. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 48% of 12386 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisWatch ReportCompare
GramaActiveChecked score 82/100
Risk analysis ReportCompare

Overview

Activity
Non-specialised retail sale with food, beverages or tobacco predominating
NACE 47110NACE 47112Supermarkets NACE 47114
#3 oldest company in Halle, Wholesale and retail trade sector1 site
Size
€1.6mtotal assets 2025
Staff
10.9 FTE
Equity
€555,934
Loss
-€105,670
Turnover not published (abridged schema)
Financial health
82 Excellent Checked score 2025
Bankruptcy chance 12 m
0.4%
Structure
Parent
LIRIA · 100%
Board
5 members
Auditor: Ernst et Young Reviseurs d'EntreprisesAccounts 2 d early3 of 7 deeds read
Why 82- 1 change of registered office in 24 months- Loss of €105,670 (FY 2025)+ Liquidity: current ratio 1.71, cash €634,910+ Founded in 1953Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Better than 43% of its sector peers (NACE 47, small)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Average
Solvency 61-1
equity 35.5% of total assets
Liquidity 73=
short-term debt 52.7% · cash 40.6%
Profitability 10-64
return on assets -6.8%
Bankruptcy probability, 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 0.4% (3,688 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.2%▲ +97.6% vs 11-2024 01-2025: 0.1%▼ -64.4% vs 12-2024 02-2025: 0.1%● 0.0% vs 01-2025 03-2025: 0.1%● 0.0% vs 02-2025 04-2025: 0.1%● 0.0% vs 03-2025 05-2025: 0.1%● 0.0% vs 04-2025 06-2025: 0.1%● 0.0% vs 05-2025 07-2025: 0.1%● 0.0% vs 06-2025 08-2025: 0.1%● 0.0% vs 07-2025 09-2025: 0.1%● 0.0% vs 08-2025 10-2025: 0.1%▼ -6.8% vs 09-2025lowest value 11-2025: 0.1%▲ +24.4% vs 10-2025 12-2025: 0.2%▲ +112% vs 11-2025 01-2026: 0.2%▲ +8.3% vs 12-2025 02-2026: 0.2%● 0.0% vs 01-2026 03-2026: 0.2%● 0.0% vs 02-2026 04-2026: 0.2%● 0.0% vs 03-2026 05-2026: 0.2%● 0.0% vs 04-2026 06-2026: 0.2%● 0.0% vs 05-2026 07-2026: 0.2%● 0.0% vs 06-2026 08-2026: 0.4%▲ +75.6% vs 07-2026 09-2026: 0.5%▲ +15.8% vs 08-2026highest value 10-2026: 0.4%▼ -7.1% vs 09-2026
  • Liquidity: current ratio 1.71, cash €634,910 lowers the probability
  • 1 change of registered office in 24 months raises the probability
  • Loss of €105,670 (FY 2025) raises the probability
  • Founded in 1953 lowers the probability for this profile
Credit up to €45,000 at 30 days acceptable
Liquidity ample (current ratio 1.71 against 1.7 in 2024; short-term debt: 52.7% and cash: 40.6% of total assets), but 64.5% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, small). Better than this share of them on solvency 56%, liquidity 91%, profitability 8%, growth against the median 18%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

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

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Liquidity: current ratio 1.71, cash €634,910
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · Loss of €105,670 (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 1953
In the bankruptcy model this factor lowers the probability for this profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-04-2025 was due by 30-11-2025 and was filed on 28-11-2025, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 d early
2024
2 d late
2023
4 d late
2022
6 d late
2021
13 d late
2020
21 d late
2019
9 d 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 8 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-04-2026 and is due by 30-11-2026. Nothing is late today. Usually files around 4 December (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-04-2026 close05-10-2026 today30-11-2026 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Resignation: Stefaan VANDAMME (director)Appointment: Michaël HAMELRYCK (director) ·…
  2. Resignation: Liria (director)Permanent representatives: Liesbeth Poriau, Stefan…
  3. Jaarrekeningen - BoekjaarPower of attorney

Key points

  • Caution: From profit to loss in 2025after €68,027 in 2024 -€105,670 View
  • Caution: Among the weakest 5% on net resultsector median €28,371 · 12,374 companies -€105,670 View
  • Board changedlatest change 01-08-2026 · 5 in office 5 joined · 2 left View
  • Controlled by LIRIA 100% View
  • Active since 1953founded 21-10-1953 72 years View

By topic

Financials

Fiscal year
2025
Total assets
€1.6m
Loss
-€105,670
Solvency
35.5%
Total assets▼ 12.1%
Net result
20192025
Go to Financials

Board & ownership

Board
5 members
Parent
LIRIA · 100%
Auditor
Ernst et Young Reviseurs…
Go to Board & ownership

Timeline

Events
16
Since
2016
Next accounts
by 30-11-2026
  1. 02-10-2026Resignation: Stefaan VANDAMME (director)
  2. 13-07-2026Resignation: Liria (director)
  3. 27-05-2026Jaarrekeningen - Boekjaar
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Non-specialised retail sale with food, beverages or tobacco…NACE 47110
Founded
21-10-1953
Year ends
30-04
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies

Your own company? See how customers, suppliers and banks see it and what to improve first.

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

We would like to set cookies. That happens only with your consent. What we measure