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GRILLADIN

Active
Private limited companyfounded 201412 yrs activeDudzeelse Steenweg 325, 8000 Brugge, BelgiumKBO/BCE: BE 0556.714.870

GRILLADIN has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €87k and a net result of €13k. Equity is growing by ~31.1% per year across the filed fiscal years. Its solvency ranks better than 46% of 13071 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Checked score

Score 2025
78 / 100
Excellent▲ +22 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-23
Solvency42▲+15
Growth62=
Stability100
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.07 against 0.89 in 2024), and 73.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
26.4%
Return on assets
4%
Age of the figures
11 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 12 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 22-12-2025, 129 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
129 d early
2024
141 d early
2023
182 d late
2022
30 d late
2021
137 d early
2020
111 d late
2019
87 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
15-09-2026 today30-09-2026 close30-04-2027 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

Financials · fiscal year 2025, micro schema

Turnover
€107k▼ 1.1%
2018 · €109k
2018: €109k
2018 → 2019
EBIT margin
-5.3%▼ 0.3pp
2018 · -5.1%
2018: -5.1%
2018 → 2019
Net result
€13k▼ 19.1%
2024 · €16k
2018: €-5k 2019: €280 2020: €29k 2021: €5k 2022: €12k 2023: €10k 2024: €16k
2018 → 2025
Working capital
€3k
2024 · €-5k
2018: €-654 2019: €-29k 2020: €-20k 2021: €-10k 2022: €-10k 2023: €-15k 2024: €-5k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€35k-€47k▲ 35.5%€57k▲ 21.9%€74k▲ 28.8%€87k▲ 18.1%
Operating result€-1k-€19k€23k▲ 20.4%€23k▼ 2.0%€19k▼ 16.5%
Net result€5k-€12k▲ 156%€10k▼ 16.3%€16k▲ 60.1%€13k▼ 19.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€0€10k€20kOperating result 2021: €-1k€-1kNet result 2021: €5k€5kOperating result 2022: €19k€19kNet result 2022: €12k€12kOperating result 2023: €23k€23kNet result 2023: €10k€10kOperating result 2024: €23k€23kNet result 2024: €16k€16kOperating result 2025: €19k€19kNet result 2025: €13k€13k20212022202320242025
The operating result has fallen two years in a row; 2025 is 17% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €329k
Fixed assets €284k▼ 4.8%
Current assets €45k▲ 15.7%
Equity and liabilities €329k
Equity €87k▲ 18.1%
Debt €242k▼ 8.2%
The debt ratio falls from 78.2% to 73.6%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€33k
2024 · €38k
Cash flow
€28k
2024 · €32k
Solvency
26.4%
2024 · 21.8%
Current ratio
1.07
2024 · 0.89
Quick ratio
1.02
2024 · 0.84
Debt / equity
2.78
2024 · 3.58
ROE
15.3%
2024 · 22.4%
ROA
4.0%
2024 · 4.9%
Interest coverage
5.99
2024 · 6.13
Debt
€242k
2024 · €264k
Debt ≤ 1 year
€42k
2024 · €44k
Debt > 1 year
€200k
2024 · €220k
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€337k€329k
Fixed assets21/28€298k€284k
Tangible fixed assets22/27€298k€284k
Land and buildings22€283k€274k
Plant, machinery and equipment23€3k€2k
Furniture and vehicles24€12k€8k
Current assets29/58€39k€45k
Stocks and contracts in progress3€2k€2k
Stocks30/36€2k€2k
Amounts receivable within one year40/41€10k€14k
Trade receivables40€3k€3k
Other amounts receivable41€7k€11k
Cash at bank and in hand54/58€27k€29k
Equity and liabilities
Total equity and liabilities10/49€337k€329k
Equity10/15€74k€87k
Contributions10/11€6k€6k=
Reserves13€25k€80k
Distributable reserves133€25k€80k
Profit (loss) carried forward14€42k€788
Amounts payable17/49€264k€242k
Amounts payable after more than one year17€220k€200k
Financial debts170/4€220k€200k
Amounts payable within one year42/48€44k€42k
Current portion of amounts payable after more than one year42€18k€20k
Trade debts44€5k€3k
Suppliers440/4€5k€3k
Taxes, remuneration and social security45€1k€1k
Taxes450/3€1k€1k
Other amounts payable47/48€19k€19k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€14k
Gross operating margin9900€38k€33k
Operating profit (loss)9901€23k€19k
Financial charges65/66B€6k€6k
Recurring financial charges65€6k€6k
Profit (loss) for the period before taxes9903€16k€13k
Profit (loss) for the period9904€16k€13k
Profit (loss) for the period to be appropriated9905€16k€13k
Appropriation of the result
Profit (loss) to be appropriated9906€42k€56k
Profit (loss) brought forward from the previous period14P€26k€42k
Transfer to equity691/2-€55k
To other reserves6921-€55k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2025
22-12
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
10-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
29-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 182 days late
2023
30-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2021
14-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
19-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 111 days late
2020
30-09
Financial Highest result since 2018net €29k ▲10222%
Net result €29k, the highest in the series.
03-02
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial Back to profitnet €280
Net result €280 after one loss-making year.
10-05
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 10 days late
2018
16-02
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-02
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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, Brugge · 1 establishment unit since 2014
establishment The establishment unit on the map
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.

Dudzeelse Steenweg 3258000 Brugge
Ground area
731 m²
Building footprint
292 m²
Volume, LiDAR
1,112 m³
Parcel 31807I0158/00V000, Flanders · tallest building 6.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
grilladin
Dudzeelse Steenweg 325, 8000 BruggeManufacture of food products
since 20142.233.424.505
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31807I0158/00V000 Flanders 731 m² 1 · 292 m² 6.3 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2023 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid
Year Entries awardedpaid
2023 1 2,000 EUR2,000 EUR
Schemes
Hinderpremie bij openbare werken
1 entry · 2,000 EUR · 2,000 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site
Brugge2.233.424.505
1 permission
Toelating · Eetgelegenheid · since 10-02-2016

Similar companies · same sector, comparable size

Of 20,231 companies in sector 56111 we hold annual accounts for 11,313. 9,596 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded18-07-2014
Fiscal year end30-09
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.