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Complete company report
Generated 22-08-2026
Active BE 0792.389.634Private limited company

GRAND CRU PROPERTIES

Kerklaan 19 ·8400 Oostende, Belgium· 3 yrs active
Conclusion Checked

The computed 12-month bankruptcy probability of GRAND CRU PROPERTIES is 3.7% (moderate). The 2024 annual accounts show negative equity (€-98k) and a net result of €4k. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €-98k
Net result €4k
Active 3 yrs
Locations 1
Financial profile 5 of 5 axes measured · computed by Checked
Health11Profitability0Solvency33Growth78Stability94
43 / 100

Fragile profile, watch profitability in particular.

All 5 axes are computed from data Checked has read.

Health 11
Profitability 0
Solvency 33
Growth 78
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
3.7% Moderate
0%0,5%1,5%4%10%≥25%
Young company +No NACE activity registered +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2024 · computed
11 / 100 Critical
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 30-09-2025 with the NBB · fiscal year 2024 · verkort
€-150k€-100k€-50k€0€50kOperating result 2023: €-100k€-100kNet result 2023: €-121k€-121kOperating result 2024: €28k€28kNet result 2024: €4k€4k20232024
Operating resultNet result
EBITDA
€46k
- 23-24
Net profit
€4k
- 23-24
Cash flow
€22k
- 23-24
Total assets
€732k
-1.6% 23-24
Equity
€-98k
+3.8% 23-24
Working capital
€-286k
-1.6% 23-24
Employees (FTE)
0
- 23-24
Debt
€829k
-1.8% 23-24
Show 9 other metrics
Debt ≤ 1y
€300k
+3.6% 23-24
Debt > 1y
€519k
-5.7% 23-24
Current ratio
0.05
+67.0% 23-24
Quick ratio
0.05
+67.0% 23-24
Solvency
-13.3%
+2.3% 23-24
Debt / equity
-8.50
-2.1% 23-24
ROE
-4.0%
- 23-24
ROA
0.5%
- 23-24
Interest coverage
1.88
- 23-24
Figures by fiscal year
Fiscal year2024
Depositverkort
Revenue-
EBITDA€46k
Net profit€4k
Cash flow€22k
Staff costs-
Income taxes-
Dividends-
Total assets€732k
Equity€-98k
Debt€829k
of which ≤ 1y€300k
of which > 1y€519k
Working capital€-286k
Employees (FTE)0.0
Ratios (computed)
2024
Current ratio0.05
Quick ratio0.05
Working capital ratio-39.1%
Solvency-13.3%
Debt / equity-8.50
Long-term debt ratio-5.32
Interest coverage1.88
Gross margin-
Net margin-
ROA0.5%
ROE-4.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts (20 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€732k
Fixed assets 21/28€717k
Tangible fixed assets 22/27€717k
Current assets 29/58€14k
Amounts receivable within one year 40/41€13k
Cash & bank 54/58€951
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€732k
Equity 10/15€-98k
Contributions / capital 10/11€20k
Accumulated profits (losses) 14€-118k
Amounts payable 17/49€829k
Amounts payable after one year 17€519k
Amounts payable within one year 42/48€300k
Trade debts payable within one year 44€2k
Income statement
Gross operating margin 9900€48k
Operating result 9901€28k
Financial charges 65€24k
Result before taxes 9903€4k
Net result for the period 9904€4k
Result to be appropriated 9905€4k
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary -
Legal form Private limited company(610)
Incorporation12-10-2022
StatusActive
Postal code8400
Establishment units 1 location
GRAND CRU PROPERTIES
Min. Vanden Peereboomlaan(Kor) 74, 8500 KortrijkVermogensbeheer
since 20222.338.520.936
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34022E0540/00X004 Flanders 5,648 m² 1 · 693 m² 20.2 m · 6 fl.
35020B0199/00F017 Flanders 291 m² 1 · 77 m² 11.1 m · 3 fl.
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.
Updates 4 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
30-12-2025
State Gazette act Registered-office change
v3.2
30-09-2025
NBB filing Annual accounts filed
fiscal year 2024 · verkort
2024
08-10-2024
NBB filing Annual accounts filed
fiscal year 2023 · verkort
2022
14-10-2022
State Gazette act Incorporation
oprichting
Belgian State Gazette reading coverage 0 of 2 acts read

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 2 acts
Address history · 1
30-12-2025
v3.2
All acts · 2 updated 7 months ago
2025
30-12-2025 Registered office moved from Kortrijk to Oostende Registered-office change
  • Minister Vanden Peereboomlaan 74, 8500 Kortrijk → Kerklaan 19, 8400 Oostende
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "statutaire",
      "new_address": {
        "city": "Oostende",
        "region": null,
        "street": "Kerklaan",
        "country": "BE",
        "postcode": "8400",
        "box_number": null,
        "street_number": "19"
      },
      "old_address": {
        "city": "Kortrijk",
        "region": null,
        "street": "Minister Vanden Peereboomlaan",
        "country": "BE",
        "postcode": "8500",
        "box_number": "11",
        "street_number": "74"
      },
      "effective_date": "2025-12-02",
      "evidence_quote": "De vergadering beslist dat de zetel van de vennootschap zal worden verplaatst van Minister Vanden Peereboomlaan 74 bus 11, 8500 Kortrijk naar Kerklaan 19, 8400 Oostende, en dit vanaf 2 december 2025."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0792.389.634",
    "name_full": "GRAND CRU PROPERTIES",
    "legal_form": "BV"
  }
}
2022
14-10-2022 Incorporation of a new BV Incorporation
Summary: oprichting
Technical details 
{
  "kind": "oprichting",
  "seat": "8500 Kortrijk, Min. Vanden Peereboomlaan 74 bus 11",
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "founders": [
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": "1975-05-01",
        "name": "Xavier Bernard Thierry VANWYNSBERGHE",
        "niss": null,
        "address": "8400 Oostende, Nieuwedokstraat 51"
      },
      "share_class": "Aandelen",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 117600,
      "holder_person_name": "Xavier Bernard Thierry VANWYNSBERGHE",
      "is_subscriber_only": false,
      "n_shares_subscribed": 336,
      "amount_subscribed_eur": 117600,
      "is_anonymous_silent_partner": false
    },
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": "1970-02-14",
        "name": "Els VERHELST",
        "niss": null,
        "address": "8400 Oostende, Nieuwedokstraat 51"
      },
      "share_class": "Aandelen",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 117600,
      "holder_person_name": "Els VERHELST",
      "is_subscriber_only": false,
      "n_shares_subscribed": 336,
      "amount_subscribed_eur": 117600,
      "is_anonymous_silent_partner": false
    },
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": "2000-03-09",
        "name": "Chlo\u00E9 Marina Julia VANWYNSBERGHE",
        "niss": null,
        "address": "8400 Oostende, Nieuwedokstraat 51"
      },
      "share_class": "Aandelen",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 22400,
      "holder_person_name": "Chlo\u00E9 Marina Julia VANWYNSBERGHE",
      "is_subscriber_only": true,
      "n_shares_subscribed": 64,
      "amount_subscribed_eur": 22400,
      "is_anonymous_silent_partner": false
    },
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": "2002-05-15",
        "name": "Mathieu Roland Xavier VANWYNSBERGHE",
        "niss": null,
        "address": "8400 Oostende, Nieuwedokstraat 51"
      },
      "share_class": "Aandelen",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 22400,
      "holder_person_name": "Mathieu Roland Xavier VANWYNSBERGHE",
      "is_subscriber_only": true,
      "n_shares_subscribed": 64,
      "amount_subscribed_eur": 22400,
      "is_anonymous_silent_partner": false
    }
  ],
  "capital_eur": 280000,
  "subject_company": {
    "kbo": "0792.389.634",
    "name_full": "GRAND CRU PROPERTIES",
    "legal_form": "BV"
  },
  "initial_directors": [],
  "incorporation_date": "2022-10-12",
  "post_incorporation_mandates": []
}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameNL GRAND CRU PROPERTIES
Registered office
Kerklaan 19
8400 Oostende, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative