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GRIVE

Active
Louizalaan 163 ·1050 Elsene, Belgium
KBO/BCE: BE 0820.338.502
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Age16 yrs
Real estate3 parcels · 1,707 m²

Summary

Conclusion

the dossier summarised in one paragraph

The KBO register records legal situation 013 for GRIVE (Register: dissolution or liquidation); this is today's state according to the register itself, which carries no start date. The 2023 annual accounts show equity of €34k and a net result of €7k.

Based on the State Gazette, CBE and 6 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

Dissolution or liquidation

The KBO register records that this company is being wound up. A twelve-month bankruptcy probability no longer says anything in that case, so we show no figure.

Signals

2 signals · with evidence
Consistently profitable
Positive net result in the two most recent financial years (2022 and 2023).
View the result trend
Growing equity
Equity grew over 2021-2023. Profits are largely retained rather than distributed.
View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Filing behaviour not assessed
The register records a dissolution or liquidation. From that point the liquidator files and the ordinary seven-month rhythm no longer governs. The register carries no start date, so we cannot tell which filings fall before it: we show the facts and do not assess the behaviour.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2023, that is 31-07-2024.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 nothing on record not filed -
31-12-2023 31-07-2024 05-11-2024 97 d late 2024-00527903
31-12-2022 31-07-2023 06-10-2023 67 d late 2023-00477510
31-12-2021 31-07-2022 07-11-2022 99 d late 2022-20518599
31-12-2020 31-07-2021 28-08-2021 28 d late 2021-56900519
31-12-2019 31-07-2020 09-09-2020 40 d late 2020-51900273
31-12-2018 31-07-2019 22-08-2019 22 d late 2019-48800491
31-12-2017 31-07-2018 30-08-2018 30 d late 2018-58700219
31-12-2015 31-07-2016 29-08-2016 29 d late 2016-50600355
31-12-2014 31-07-2015 13-08-2015 13 d late 2015-42100553
31-12-2012 31-07-2013 24-06-2013 37 d early 2013-20900398

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

1 signal
Register: dissolution or liquidation
The KBO register records legal situation 013 for this company. This is today's state according to the register itself; the register carries no start date.

Administrative Flags

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.

Financials

Turnover€75k-11.5%
EBIT margin15.4%+5.1pp
Net result€7k+1.1%
Working capital€28k+65.5%

Annual accounts & ratios

Source: NBB · 2023
Annual accounts filed on 05-11-2024 with the NBB · fiscal year 2023 · micro
€-50k€0€50k€100kRevenue 2019: €5k€5kOperating result 2019: €-6k€-6kNet result 2019: €-22k€-22kRevenue 2020: €30k€30kOperating result 2020: €12k€12kNet result 2020: €-10k€-10kRevenue 2021: €58k€58kOperating result 2021: €11k€11kNet result 2021: €10k€10kRevenue 2022: €84k€84kOperating result 2022: €9k€9kNet result 2022: €7k€7kRevenue 2023: €75k€75kOperating result 2023: €12k€12kNet result 2023: €7k€7k20192020202120222023
RevenueOperating resultNet result
Sector comparison
Fiscal year 2023 · NACE 56, Food & beverage service · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 37.7% 16.7%
better than 69% of 4791 sector peers
Net result €7k €2k
better than 61% of 4780 sector peers
Equity €34k €11k
better than 71% of 4805 sector peers
Gross operating margin €25k €42k
better than 39% of 4763 sector peers
Staff costs €2k €47k
higher than 9% of 3406 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P69
2020: P77 · n=12902021: P57 · n=20872022: P67 · n=35442023: P69 · n=47912020 2023
Stable position over 2020-2023 · n=1290-4791
Net result P61
2020: P74 · n=12822021: P61 · n=20822022: P64 · n=35262023: P61 · n=47802020 2023
Stable position over 2020-2023 · n=1282-4780
Equity P71
2020: P48 · n=12942021: P57 · n=20942022: P67 · n=35502023: P71 · n=48052020 2023
Improving position over 2020-2023 · n=1294-4805
Gross operating margin P39
2020: P45 · n=12772021: P40 · n=20702022: P43 · n=35122023: P39 · n=47632020 2023
Stable position over 2020-2023 · n=1277-4763
Describes the position versus peers, not a forecast.
Revenue
€75k
-11.5% 18-23
EBITDA
€19k
+12.4% 18-23
Net profit
€7k
+1.1% 18-23
Cash flow
€14k
-4.2% 18-23
Total assets
€90k
+17.8% 18-23
Equity
€34k
+25.0% 18-23
Working capital
€28k
+65.5% 18-23
Staff costs
€2k
-72.2% 18-23
Income taxes
€4k
+155.2% 18-23
Debt
€56k
+13.9% 18-23
Debt ≤ 1y
€39k
+33.9% 18-23
Debt > 1y
€17k
-14.9% 18-23
Current ratio
1.73
+8.8% 18-23
Quick ratio
1.73
+8.8% 18-23
Solvency
37.7%
+6.1% 18-23
Debt / equity
1.65
-8.9% 18-23
ROE
20.0%
-19.1% 18-23
ROA
7.5%
-14.2% 18-23
Net margin
9.1%
+14.3% 18-23
EBITDA margin
25.4%
+27.0% 18-23
Interest coverage
40.96
-15.4% 18-23
Figures by fiscal year
Fiscal year2023
Depositmicro
Revenue€75k
EBITDA€19k
Net profit€7k
Cash flow€14k
Staff costs€2k
Income taxes€4k
Dividends-
Total assets€90k
Equity€34k
Debt€56k
of which ≤ 1y€39k
of which > 1y€17k
Working capital€28k
Employees (FTE)-
Ratios (computed)
2023
Current ratio1.73
Quick ratio1.73
Working capital ratio31.7%
Solvency37.7%
Debt / equity1.65
Long-term debt ratio0.51
Interest coverage40.96
Gross margin33.4%
Net margin9.1%
ROA7.5%
ROE20.0%
EBITDA margin25.4%
Days sales outstanding192d
Days payable outstanding180d
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€90k
Fixed assets 21/28€23k
Intangible fixed assets 21€8k
Tangible fixed assets 22/27€14k
Financial fixed assets 28€200
Current assets 29/58€67k
Amounts receivable within one year 40/41€62k
Cash & bank 54/58€5k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€90k
Equity 10/15€34k
Contributions / capital 10/11€19k
Reserves 13€2k
Accumulated profits (losses) 14€13k
Amounts payable 17/49€56k
Amounts payable after one year 17€17k
Amounts payable within one year 42/48€39k
Trade debts payable within one year 44€24k
Income statement
Turnover 70€75k
Gross operating margin 9900€25k
Operating result 9901€12k
Financial income 75€1
Financial charges 65€464
Result before taxes 9903€11k
Income taxes 67/77€4k
Net result for the period 9904€7k
Result to be appropriated 9905€7k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2023 · computed
24 / 100 Critical
050100
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2023 and the legal situation the KBO register itself records. Indicative, not credit advice.

Directors

Directors & mandates

3 directors
Historic, not recently confirmed (1)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
  • HARMINDER Mehay
    Managing director
    State Gazette act 19083703 (25-06-2019)
    Not recently confirmed
    last confirmed in an act from 2019
Former directors (2)
  • AL SANAANI Bassam
    Managing director
    State Gazette act 15161256 (18-11-2015)
    Former
    05-11-2015 → 31-03-2019
    2 events
    • 31-03-2019 Resigned· Managing director
    • 05-11-2015 Appointed· Managing director
  • SHAMSHIR Ali
    Managing director
    State Gazette act 15161256 (18-11-2015)
    Former
    - → 05-11-2015
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden(56112)
Legal form Private limited company(610)
Incorporation05-11-2009
StatusActive
Postal code1050

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
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.

Louizalaan 1631050 Elsene

Establishment units

2 locations
Sint-Gillisvoorplein 8, 1060 Sint-Gillis (bij-Brussel)
Eetgelegenheden met beperkte bediening
since 20192.290.138.128
rasoi food stand
Huidevettersstraat 7, 2800 MechelenEetgelegenheden met beperkte bediening
since 20242.358.566.777
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels3
Ground area1,707 m²
Buildings3
Building footprint1,659 m²
Volume (LiDAR)22,452 m³
Tallest building28.7 m · ±9 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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 1 (33.3%) Brussels 2 (66.7%)
Parcel (capakey) Region Area Buildings Height / fl.
12025C0300/00T000
ProtectedMonumentStedelijke VleeshalSource ↗
 Flanders 1,279 m² 1 · 1,279 m² 17.3 m · 3 fl.
21807G0089/00A006 Brussels 349 m² 1 · 310 m² 28.7 m · 9 fl.
21013B0154/00G004 Brussels 79 m² 1 · 70 m² 24.7 m · 7 fl.
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Publications

Lifecycle & Insolvency Signals

No insolvency signals found in the Belgian State Gazette. The KBO register does record a special legal situation for this company, so do not read this as a clean bill of health.

Belgisch Staatsblad · acts

5 acts
Address history · 3
11-05-2026
Seat change: new: Avenue Louise 163 à 1050 Bruxelles, old: Avenue Louise 523 à 1050 Bruxelles
06-09-2022
v3.2
25-06-2019
v3.2
All acts · 5 updated 3 months ago
2026
11-05-2026 General meeting · Officer resignation · Officer discharge · Officer appointment Open-capture extraction
  • Filing: 2026-05-04 · GRIVE
  • General meeting: date: 2026-04-20, type: extraordinary · GRIVE
  • Officer resignation: role: administrator · Mehay Harminder
  • Officer discharge · Mehay Harminder
  • Officer appointment: role: administrator · Benameur Abdelmoula
  • Seat change: new: Avenue Louise 163 à 1050 Bruxelles, old: Avenue Louise 523 à 1050 Bruxelles · GRIVE
  • Power of attorney: purpose: déposer les documents nécessaires à la publication au Greffe du tribunal de l'entreprise de Bruxelles, representative: Déruddéré Jéán Hubert · GRIVE
  • Publication: 2026-05-11
  • Act object: Nomination administrateur -Changement siège social - actions
Summary: General meeting · Officer resignation · Officer discharge · Officer appointment
2024
24-07-2024 Change in the board of directors Director changes
Summary: v3.2
2022
06-09-2022 Registered office moved within BRUXELLES Registered-office change
  • Parvis Saint Gilles 8, 1060 Bruxelles → Avenue louise 523, 1050 BRUXELLES
Summary: v3.2
2019
25-06-2019 Registered office moved from Ixelles to Saint-Gilles Registered-office change
  • RUE MALIBRAN 10, 1050 Ixelles → Parvis Saint-Gilles 08, 1060 Saint-Gilles
Summary: v3.2
2015
18-11-2015 1 director appointed, 1 resigning Director changes
  • AL SANAANI Bassam, Gedelegeerd bestuurder
  • SHAMSHIR Ali, Gedelegeerd bestuurder
Summary: v3.2

Analysis

Snowflake analysis

financial profile on 5 axes
Health24Profitability90Solvency75Growth61Stability40
58 / 100

Mixed profile: strong on profitability, weaker on health.

All 5 axes are computed from data Checked has read.

Health 24
Profitability 90
Solvency 75
Growth 61
Stability 40

Ask AI about this company

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AI due-diligence brief

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 2,913 of the 21,774 companies in this sector. 2,517 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Eetgelegenheden met beperkte bediening56102Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden56112Detailhandel in groenten en fruit47210Ontwerpen en programmeren van computerprogramma's62010Ontwerpen van computerprogramma’s62100Reparatie en onderhoud van computers en communicatieapparatuur95100Reparatie van computers en randapparatuur95110
Primary activity highlighted.
Names & trade names
Legal nameFR GRIVE
Registered office
Louizalaan 163
1050 Elsene, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.