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LE GRAND PALACE

Active
Private limited companyfounded 2019active for 7 yearsGeneraal Eenensstraat 49, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0727.402.802
Summary

The computed 12-month bankruptcy probability of LE GRAND PALACE is 3.8% (moderate). The 2025 annual accounts show equity of €41,799 and a net result of €6,912. Equity has been growing by about 36% per year since 2019. Its solvency ranks better than 95% of 4,785 sector peers (NACE 56, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 23-05-2019 Normal situation
Activity
Cafés and bars NACE 56301
Establishment unit
2.289.391.030 1030 Schaarbeek, since 01-07-2019
Financial year end
31 December
Peppol
Reachable since 24-12-2025

Board and ownership

Board
  • MUFTAR AtthillaDirector

Financial position

51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.8%
Annual accounts 2025
Gross margin
€26,471
▲ 30.8%
Turnover
≈ €120,000
estimated
Profit
€6,912
▲ 50.1%
Equity
€41,799
▲ 19.8%
Total assets
€46,875
▲ 20.7%
  • 2025 accounts filed 61 days after the deadline
Filed on 30-09-2026
Score breakdownraises riskSize: total assets €46,875Sector: Food and beverage service activities (NACE 56)Last filed accounts filed 61 days late; 3 of the last 3 accounts latelowers riskEquity €41,799 (89.2% of total assets)Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 72% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 89.2% of total assets
Liquidity 50-6
short-term debt 10.8% · cash 0.4%
Profitability 87+3
return on assets 14.7%
Bankruptcy probability within 12 months
3.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,778 companies, NACE 56, micro)
Last 24 months 12-2024: 2.2% 01-2025: 2.1%▼ -0.1 percentage points vs 12-2024lowest value 02-2025: 2.2%▲ +0.1 percentage points vs 01-2025 03-2025: 2.2%● unchanged vs 02-2025 04-2025: 2.2%● unchanged vs 03-2025 05-2025: 2.2%● unchanged vs 04-2025 06-2025: 2.2%● unchanged vs 05-2025 07-2025: 2.4%▲ +0.2 percentage points vs 06-2025 08-2025: 2.7%▲ +0.3 percentage points vs 07-2025 09-2025: 3.0%▲ +0.3 percentage points vs 08-2025 10-2025: 4.2%▲ +1.2 percentage points vs 09-2025highest value 11-2025: 3.4%▼ -0.8 percentage points vs 10-2025 12-2025: 3.4%● unchanged vs 11-2025 01-2026: 3.3%▼ -0.1 percentage points vs 12-2025 02-2026: 3.4%▲ +0.1 percentage points vs 01-2026 03-2026: 3.4%● unchanged vs 02-2026 04-2026: 3.5%▲ +0.1 percentage points vs 03-2026 05-2026: 3.5%● unchanged vs 04-2026 06-2026: 3.5%● unchanged vs 05-2026 07-2026: 3.6%▲ +0.1 percentage points vs 06-2026 08-2026: 4.0%▲ +0.4 percentage points vs 07-2026 09-2026: 4.2%▲ +0.2 percentage points vs 08-2026 10-2026: 3.8%▼ -0.4 percentage points vs 09-2026 11-2026: 3.8%● unchanged vs 10-2026
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 7.47 (6.53 in 2024), above the usual 1.5. Short-term debt is 10.8% and cash 0.4% of total assets. 10.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 94% of them on solvency, 51% on liquidity, 75% on profitability and 66% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Size: total assets €46,875
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Last filed accounts filed 61 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Equity €41,799 (89.2% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 7 filings
Deviation from the deadline
2025
61 days late
2024
59 days late
2023
43 days late
2022
42 days early
2021
26 days late
2020
69 days late
2019
74 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 41 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 13 September (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 95% of companies in food and beverage servicesector median 29.8% · 4,785 companies 89.2% View
  • Positive: 5 profitable years in a rowprofit 2025: €6,912 5 years View

Recent changes

  1. · Gazette deed Incorporation
All 11 events

Comparable companies

These companies have the same main activity as LE GRAND PALACE: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €39,000 and €59,900, founded between 2018 and 2021.

CompanyTotal assetsGross margin
LE GRAND PALACE Schaarbeek€46,875€26,471
MALOS Sint-Gillis (bij-Brussel)€44,755€29,240
BLUES HOUSE Sint-Gillis (bij-Brussel)€43,948€29,808
82 CONCEPT BAR Waremme€53,168€29,851
CHEZ CHOUCHOU - CARPE DIEM Malmedy€53,156€32,268
NAZA INVEST Schaarbeek€59,905€28,585
MATTA Brussel€39,001€31,962
Full comparison

Key facts about LE GRAND PALACE

What is the company number of LE GRAND PALACE?
The company number of LE GRAND PALACE is 0727.402.802. The VAT number is the same number with BE in front: BE 0727.402.802.
Where is LE GRAND PALACE based?
The registered office is at Generaal Eenensstraat 49, 1030 Schaarbeek.Company details
What does LE GRAND PALACE do?
According to the KBO register, the main activity is cafés and bars (NACE 56301).
What is the legal form of LE GRAND PALACE?
The legal form of LE GRAND PALACE is Private limited company (BV).
When was LE GRAND PALACE founded?
LE GRAND PALACE was founded on 23-05-2019.
Is LE GRAND PALACE still active?
Yes, LE GRAND PALACE is an active enterprise in the KBO register.
What is the turnover of LE GRAND PALACE?
The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €26,471 and 56 comparable companies (NACE 56301). It probably lies between €79,000 and €150,000.Financials
Is LE GRAND PALACE profitable?
In financial year 2025, LE GRAND PALACE made a profit of €6,912.
Where can I find the annual accounts of LE GRAND PALACE?
LE GRAND PALACE filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LE GRAND PALACE due?
LE GRAND PALACE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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