The last five annual accounts were filed 0 to 24 days before the end of the period.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 3,631 companies had the same profile as GRYVAN has now. Each dot stands for 10 companies, two years later.
91.8%
were still trading
4.8%
stopped another way
2.9%
went bankrupt
Micro
10 to 20 years old
negative equity
a profit of 5% of the balance sheet or more
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
The companies in ten equal groups, from the lowest to the highest expected share
Group
Expected
Actual
1
0.2%
0.2%
2
0.3%
0.5%
3
0.5%
0.6%
4
0.7%
0.8%
5
0.9%
0.9%
6
1.3%
1.5%
7
1.6%
1.8%
8
1.8%
1.8%
9
2.9%
3.1%
10
5.6%
6.1%
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,631 companies, not a prediction for GRYVAN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0849007742
Registered office moved within Torhout
New registered office: Markt 21 bus 5, 8820 Torhout · Previous registered office: Ruddervoordestraat 211, 8820 Torhout · Change of role: Name after signing inVisible after signing in, from director to statutory director · General meeting of 06-06-2024 · Gazette deed
Registered office moved within Torhout
New registered office: Ruddervoordestraat 211, 8820 Torhout · Previous registered office: Ruddervoordestraat 195, 8820 Torhout · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as GRYVAN: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €35,800 and €40,400, founded between 2010 and 2014.
The company number of GRYVAN is 0849.007.742. The VAT number is the same number with BE in front: BE 0849.007.742.
Where is GRYVAN based?
The registered office is at Markt 21, 8820 Torhout.Company details
What does GRYVAN do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of GRYVAN?
GRYVAN is a private limited company (BV).
When was GRYVAN founded?
GRYVAN was founded on 14-09-2012.
Is GRYVAN still active?
Yes, GRYVAN is an active enterprise in the KBO register.
How many employees does GRYVAN have?
GRYVAN had an average of 1.2 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
Which joint committee does GRYVAN fall under?
In its 30-06-2023 annual accounts, GRYVAN states joint committee 302 (Hotels and catering).
What is the turnover of GRYVAN?
The turnover in financial year 2025 is ≈ €220,000. This figure is estimated from the gross margin of €68,161 and 72 comparable companies (NACE 56111). It probably lies between €180,000 and €290,000.
Is GRYVAN profitable?
In financial year 2025, GRYVAN made a profit of €15,393.
Where can I find the annual accounts of GRYVAN?
GRYVAN filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GRYVAN due?
GRYVAN must file the annual accounts for financial year 2026 by 31-01-2027.Timeline