GRYVAN
ActiveSummary
The computed 12-month bankruptcy probability of GRYVAN is 2.0% (moderate). The 2025 annual accounts show negative equity (-€9,659) and a net result of €15,393. Equity is growing by ~41.3% per year across the filed fiscal years. Its solvency ranks better than 18% of 13560 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+33
Solvency1▲+1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.72 against 1.03 in 2024; short-term debt: 98.9% and cash: 16.3% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-24.5%
Return on assets
39%
Age of the figures
15 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 13560 sector peers (2025).
NBB · sector comparisonPosition among 13560 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
21 d early
2023
on the day
2022
1 d early
2021
24 d early
2020
2 d early
2019
14 d early
← 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 9 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Equity
-€9,659▲ 61.4%
2024 · -€25,052
Total assets
€39,427▼ 61.0%
2024 · €101,200
Net result
€15,393
2024 · -€1,127
Working capital
-€10,745
2024 · €2,839
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€24,754▲ 2,025%€20,394▼ 17.6%€7,454▼ 63.5%-€139€16,638
Net result€24,509within the sector's middle half▲ 2,526%€20,162above the sector's middle half▼ 17.7%€6,187within the sector's middle half▼ 69.3%-€1,127within the sector's middle half€15,393within the sector's middle half
Equity-€50,274below the sector's middle half▲ 32.8%-€30,112below the sector's middle half▲ 40.1%-€23,925below the sector's middle half▲ 20.5%-€25,052below the sector's middle half▼ 4.7%-€9,659below the sector's middle half▲ 61.4%
Total assets€98,898within the sector's middle half▲ 29.2%€102,250within the sector's middle half▲ 3.4%€74,984within the sector's middle half▼ 26.7%€101,200within the sector's middle half▲ 35.0%€39,427below the sector's middle half▼ 61.0%
Debt€149,171▼ 1.4%€132,362▼ 11.3%€98,908▼ 25.3%€126,251▲ 27.6%€49,086▼ 61.1%
Working capital€13,426▲ 41.3%€29,612▲ 121%€15,831▼ 46.5%€2,839▼ 82.1%-€10,745
Solvency-50.8%below the sector's middle half▲ 46.9pp-29.4%below the sector's middle half▲ 21.4pp-31.9%below the sector's middle half▼ 2.5pp-24.8%below the sector's middle half▲ 7.2pp-24.5%below the sector's middle half▲ 0.3pp
Staff (FTE)1.2
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €16,638 after a loss of €139 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €39,427
Fixed assets
€11,187 ▼ 13.0%
Current assets
€28,240 ▼ 68.0%
Key figures and ratios
EBITDA
€22,508▲
2024 · €4,824
Cash flow
€21,263▲
2024 · €3,835
Current ratio
0.72▼
2024 · 1.03
Debt to equity
-5.08▼
2024 · -5.04
ROA
39.0%▲
2024 · -1.1%
Interest coverage
21.82▲
2024 · 6.12
Debt ≤ 1 year
€38,985▼
2024 · €85,501
Debt > 1 year
€10,073▼
2024 · €40,750
Income taxes
€213▲
2024 · €200
Staff costs
€44,838▼
2024 · €66,455
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,639 companies that looked in July 2024 the way this one looks now, 2.7% went bankrupt within 24 months and 92% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
2.7%
went bankrupt
4.9%
stopped otherwise
92%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,639 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €13,827 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | €48,837 | €48,579 | €66,455 | €44,838 | ▼ 32.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,113 | €7,397 | €8,057 | €4,962 | €5,870 | ▲ 18.3% |
| Other operating charges640/8 | - | €2,518 | €2,502 | €2,245 | €816 | ▼ 63.7% |
| Gross operating margin9900 | €52,592 | €79,146 | €66,592 | €73,523 | €68,161 | ▼ 7.3% |
| Operating profit (loss)9901 | €24,754 | €20,394 | €7,454 | -€139 | €16,638 | ▲ 12,088% |
| Financial income75/76B | - | €62 | €0 | €0 | €0 | ▼ 100% |
| Recurring financial income75 | €23 | €62 | €0 | €0 | €0 | ▼ 100% |
| Financial charges65/66B | - | €112 | €1,075 | €788 | €1,032 | ▲ 30.9% |
| Recurring financial charges65 | €265 | €112 | €1,075 | €788 | €1,032 | ▲ 30.9% |
| Profit (loss) for the period before taxes9903 | €24,512 | €20,344 | €6,378 | -€927 | €15,606 | ▲ 1,784% |
| Income taxes67/77 | €3 | €182 | €191 | €200 | €213 | ▲ 6.4% |
| Profit (loss) for the period9904 | €24,509 | €20,162 | €6,187 | -€1,127 | €15,393 | ▲ 1,466% |
| Profit (loss) for the period to be appropriated9905 | €24,509 | €20,162 | €6,187 | -€1,127 | €15,393 | ▲ 1,466% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €98,898 | €102,250 | €74,984 | €101,200 | €39,427 | ▼ 61.0% |
| Fixed assets21/28 | €31,050 | €36,425 | €29,995 | €12,859 | €11,187 | ▼ 13.0% |
| Tangible fixed assets22/27 | €31,050 | €36,425 | €29,995 | €12,859 | €11,187 | ▼ 13.0% |
| Plant, machinery and equipment23 | - | €0 | €1,356 | €0 | - | - |
| Furniture and vehicles24 | - | €21,222 | €15,788 | €7,859 | €7,187 | ▼ 8.6% |
| Leasing and similar rights25 | - | €7,000 | €6,000 | €5,000 | €4,000 | ▼ 20.0% |
| Other tangible fixed assets26 | - | €8,204 | €6,851 | €0 | - | - |
| Current assets29/58 | €67,847 | €65,825 | €44,989 | €88,340 | €28,240 | ▼ 68.0% |
| Stocks and contracts in progress3 | €10,057 | €13,244 | €12,139 | €0 | - | - |
| Stocks30/36 | - | €13,244 | €12,139 | €0 | - | - |
| Amounts receivable within one year40/41 | €19,759 | €12,872 | €16,854 | €73,551 | €21,819 | ▼ 70.3% |
| Trade receivables40 | - | €12,872 | €16,854 | €73,551 | €21,252 | ▼ 71.1% |
| Other amounts receivable41 | - | - | - | - | €567 | - |
| Cash at bank and in hand54/58 | €36,918 | €39,385 | €15,996 | €14,789 | €6,422 | ▼ 56.6% |
| Deferred charges and accrued income490/1 | - | €323 | €0 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €98,898 | €102,250 | €74,984 | €101,200 | €39,427 | ▼ 61.0% |
| Equity10/15 | -€50,274 | -€30,112 | -€23,925 | -€25,052 | -€9,659 | ▲ 61.4% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€68,874 | -€48,712 | -€42,525 | -€43,652 | -€28,259 | ▲ 35.3% |
| Amounts payable17/49 | €149,171 | €132,362 | €98,908 | €126,251 | €49,086 | ▼ 61.1% |
| Amounts payable after more than one year17 | €94,750 | €94,750 | €69,750 | €40,750 | €10,073 | ▼ 75.3% |
| Financial debts170/4 | - | €94,750 | €69,750 | €40,750 | €10,073 | ▼ 75.3% |
| Amounts payable within one year42/48 | €54,421 | €36,213 | €29,158 | €85,501 | €38,985 | ▼ 54.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €17,698 | - |
| Financial debts43 | - | - | - | - | €2,591 | - |
| Credit institutions430/8 | - | - | - | - | €2,591 | - |
| Trade debts44 | €10,245 | €7,958 | €9,116 | €28,435 | €5,810 | ▼ 79.6% |
| Suppliers440/4 | - | €7,958 | €9,116 | €28,435 | €5,810 | ▼ 79.6% |
| Advances received on contracts in progress46 | - | €0 | €3,067 | €24,448 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €13,331 | €15,504 | €32,395 | €12,886 | ▼ 60.2% |
| Taxes450/3 | - | €7,622 | €9,437 | €15,243 | €12,886 | ▼ 15.5% |
| Remuneration and social security454/9 | - | €5,709 | €6,068 | €17,152 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €14,923 | €1,472 | €223 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | €1,399 | €0 | - | €28 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24,509 | €20,162 | €6,187 | -€1,127 | €15,393 | ▲ 1,466% |
| + Depreciation and write-downs630 | €3,113 | €7,397 | €8,057 | €4,962 | €5,870 | ▲ 18.3% |
| Operating cash flow (approximation) | €27,622 | €27,559 | €14,245 | €3,835 | €21,263 | ▲ 454% |
| Investment in fixed assets (approximation) | - | -€12,772 | -€1,627 | €12,173 | -€4,197 | ▼ 134% |
| Change in cash | - | €2,467 | -€23,389 | -€1,207 | -€8,367 | ▼ 593% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Back to profitnet €15,393
Net result €15,393 after one loss-making year.
10-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Weakest financial yearnet -€1,127
Net result drops to -€1,127, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Highest result since 2019net €24,509 ▲2,526%
Operating result €24,754, net result €24,509, both a record.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
18-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-01
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.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Torhout · 1 establishment unit since 2012
Ground area
981 m²
Building footprint
621 m²
Volume, LiDAR
4,294 m³
2 parcels, Flanders · tallest building 15.2 m, ±4 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Den Gouden Osse
since 20122.214.024.703
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31522D0954/00H002 | Flanders | 746 m² | 1 · 388 m² | 10.3 m · 1 fl. |
| 31033K0428/00N000 | Flanders | 235 m² | 1 · 234 m² | 15.2 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
2022 · 1 entry · 3,606 EUR awarded · 3,606 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 3,606 EUR | 3,606 EUR |
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 20,505 companies in sector 56111 we hold annual accounts for 11,454. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-09-2012
Fiscal year end30-06
Activities, NACEBEL 2025
56111Full-service restaurants
E-invoicing
Reachable via Peppol
Peppol ID
0208:0849007742
Also
9925:BE0849007742
Registered
27-03-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.