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LE GRATIN

Active
Private limited companyfounded 1987active for 39 yearsRue de l'Avenir 7, 4460 Grâce-Hollogne, BelgiumKBO/BCE: BE 0430.771.456
Summary

LE GRATIN has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €426,403 and a net result of €165,428. Equity has been growing by about 27% per year since 2018. Its solvency ranks better than 67% of 1,009 sector peers (NACE 10, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 02-03-1987 Normal situation
Activity
Manufacture of food products NACE 10890and 1 other
Joint committee
302 Paritair Comité voor het hotelbedrijf · annual accounts 2025
Establishment units
2.032.407.742 4460 Grâce-Hollogne, since 03-04-1987
2.032.407.841 4040 Herstal, since 19-07-2002and 1 other
Financial year end
31 December
Peppol
Reachable since 25-06-2025

Board and ownership

Board
  • TRUILLET ALEXANDREDirector
  • TRUILLET ERICDirector

Financial position

93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€710,782
▲ 26.8%
Turnover
≈ €1.7m
estimated
Profit
€165,428
▲ 62.8%
Equity
€426,403
▼ 7.9%
Total assets
€846,002
▼ 0.9%
Employees on 31-12-2025
9
=
Score breakdownraises riskSector: Manufacture of food products (NACE 10)lowers riskLiquidity: current ratio 1.27, cash €419,336Founded in 1987Equity €426,403 (50.4% of total assets)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 65% of micro companies in food products (NACE 10)
Financial strength · tick: 2024
Strong
Solvency 75-4
equity 50.4% of total assets
Liquidity 75-3
short-term debt 49.6% · cash 49.6%
Profitability 93+9
return on assets 19.6%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.1% (3,081 companies, NACE 10, micro)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.5%▲ +0.2 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -0.4 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.3%▲ +0.1 percentage points vs 08-2026 10-2026: 0.1%▼ -0.2 percentage points vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.27 (1.3 in 2024), below the usual 1.5. Short-term debt is 49.6% and cash 49.6% of total assets. 49.6% 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 10, micro). It does better than 67% of them on solvency, 80% on liquidity, 86% on profitability and 29% on growth.

The bankruptcy probability was computed on 02-11-2026 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 riskneutral
lowers risk · Liquidity: current ratio 1.27, cash €419,336
NBB · annual accounts
raises risk · Sector: Manufacture of food products (NACE 10)
KBO
lowers risk · Founded in 1987
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €426,403 (50.4% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
31 days early
2024
29 days late
2023
30 days late
2022
84 days early
2021
31 days late
2020
149 days late
2019
90 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 31 days after the deadline. In the sector (NACE 10), the median for financial year 2024 was 4 days before the deadline, and 38% 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 29 August (4 of the last 5 accounts filed within 60 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 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: Result rose in 2025from €101,612 to €165,428 ▲ 62.8% View
  • Positive: 10th oldest company in Grâce-Hollogne, Manufacturing sectorin the Checked rankings No. 10 View
  • Positive: 8 profitable years in a rowprofit 2025: €165,428 8 years View

Recent changes

  1. · Gazette deed Legal-form change · Miscellaneous
  2. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as LE GRATIN: manufacture of food products (NACE 10890). They are comparable in size and age: total assets between €939,000 and €3m, founded between 1976 and 1997.

CompanyTotal assetsGross margin
LE GRATIN Grâce-Hollogne€0.8m€0.7m
FLANDRIA FOODS Zulte€1.7m€0.8m
MESTDAGH Veurne€1.5m€0.7m
SADIE-TOAST Izegem€1.7m€0.6m
NATUURSOEP Arendonk€1.4m€0.4m
F.M.A. Stabroek€0.9m€0.4m
GARKA Ninove€3.0m€1.0m
Full comparison

Key facts about LE GRATIN

What is the company number of LE GRATIN?
The company number of LE GRATIN is 0430.771.456. The VAT number is the same number with BE in front: BE 0430.771.456.
Where is LE GRATIN based?
The registered office is at Rue de l'Avenir 7, 4460 Grâce-Hollogne.Company details
What does LE GRATIN do?
According to the KBO register, the main activity is manufacture of food products (NACE 10890).
What is the legal form of LE GRATIN?
The legal form of LE GRATIN is Private limited company (BV).
When was LE GRATIN founded?
LE GRATIN was founded on 02-03-1987.
Is LE GRATIN still active?
Yes, LE GRATIN is an active enterprise in the KBO register.
How many employees does LE GRATIN have?
LE GRATIN had an average of 8.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does LE GRATIN fall under?
In its 2025 annual accounts, LE GRATIN states joint committee 302 (Paritair Comité voor het hotelbedrijf).
What is the turnover of LE GRATIN?
The turnover in financial year 2025 is ≈ €1.7m. This figure is estimated from the gross margin of €710,782 and 2,281 comparable companies of the same size. It probably lies between €1.0m and €2.9m. It is a rough estimate. In financial year 2018 turnover was €1.3m.
Is LE GRATIN profitable?
In financial year 2025, LE GRATIN made a profit of €165,428.
Where can I find the annual accounts of LE GRATIN?
LE GRATIN filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LE GRATIN due?
LE GRATIN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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