Equity
€280,348 from €485,145 in 2022
Equity fell by 42% in 3 years.
LE GRECO
Lifetime
20 annual accounts with figures on one time axis, 24 filings since 2002peak €398,142 (2018)
€367,878▼ 5.1%
lowest -€92,769 (2023)
€13,676▲ 377%
peak €485,145 (2022)
€280,348▲ 5.1%
€53,903▲ 0.9%
peak 14.8 FTE (2022)
12.3 FTE▲ 29.5%
Board2 names since 2023
2 directors and 1 other
Documentsfilings and deeds
25-08-202625 days late
2025abbreviated format
Result from €2,867 to €13,676Staff from 9.5 FTE to 12.3 FTECash from €190,622 to €266,319
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 14,769 companies had the same profile as LE GRECO has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% 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.
| 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 14,769 companies, not a prediction for LE GRECO. 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0474788670
Appointments: (director) and (director)
Director discharge: · Director discharge: · General meeting of 12-12-2023 · Gazette deed
New establishment in Tournai
L'OENO Bar, Place de Lille 25
Incorporation
published on 22-05-2001 · Gazette deed
Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as LE GRECO: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €255,000 and €436,000, founded between 1992 and 2002.
Official details
Source: KBO- Status
- Active since 10-05-2001Normal situation
- Activity
- Full-service restaurantsNACE 56111
- Establishment units
- 2.098.093.4697500 Tournai, since 22-04-2001
- 2.235.889.1947500 Tournai, since 25-09-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 30-01-2025
Annual accounts 2025
- ≈ €870,000estimated
- €334,250▲ 4.4%
- Employeeson 31-12-2025
- 7▼ 22.2%
- Filing
- Filed on 25-08-2026
Insights on LE GRECO
LE GRECO files the abbreviated format. That format states no turnover. The gross margin rose from €91,129 in 2006 to €367,878 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LE GRECO
- What is the company number of LE GRECO?
- The company number of LE GRECO is 0474.788.670. The VAT number is the same number with BE in front: BE 0474.788.670.
- Where is LE GRECO based?
- The registered office is at Place de Lille 26, 7500 Tournai.Company details
- What does LE GRECO do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of LE GRECO?
- LE GRECO is a private limited company (BV).
- When was LE GRECO founded?
- LE GRECO was founded on 10-05-2001.
- Is LE GRECO still active?
- Yes, LE GRECO is an active enterprise in the KBO register.
- How many employees does LE GRECO have?
- LE GRECO had an average of 12.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of LE GRECO?
- The turnover in financial year 2025 is ≈ €870,000. This figure is estimated from the gross margin of €367,878 and 40 comparable companies (NACE 56111). It probably lies between €810,000 and €1.2m. In financial year 2018 turnover was €938,216.
- Is LE GRECO profitable?
- In financial year 2025, LE GRECO made a profit of €13,676.
- Where can I find the annual accounts of LE GRECO?
- LE GRECO filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LE GRECO due?
- LE GRECO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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