Result
-€52,098 -€52,098
From profit to loss in 2025, after a profit of €43,793 in 2024.
LE PIRATE GREC
Lifetime
20 annual accounts with figures on one time axis, 21 filings since 2005peak €203,513 (2019)
€37,664▼ 70.1%
lowest -€52,098 (2025)
-€52,098▼ €95,891
peak €215,827 (2024)
€163,729▼ 24.1%
€96,963▲ 65.0%
peak 6 FTE (2008)
-not published
Board3 names since 2004
2 directorspapadimitriu anasthasiou and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Gross margin from €126,086 to €37,664Loss of €52,098Equity from €215,827 to €163,729Debts from €58,783 to €96,963Cash from €21,680 to €3,169
Key points
from the 2025 annual accountsStaff
3 FTE from 6 in 2008
Between 2008 and 2025, 50% of the full-time equivalents disappeared.
Position in the sector
-€52,098
Lower net result than 90% of companies in food and beverage service. Sector median €10,373 · 4,818 companies.
2025 accounts filed 31 days after the deadline
Checked score
50
Fair
Financially stronger than 35% of micro companies in food and beverage service (NACE 56)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.1% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,796 companies (NACE 56, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%lowest value
01-2025: 0.2%● unchanged vs 12-2024lowest value
02-2025: 0.2%● unchanged vs 01-2025lowest value
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.3%▲ +0.1 percentage points 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 07-2025
09-2025: 0.6%▲ +0.1 percentage points vs 08-2025
10-2025: 0.9%▲ +0.3 percentage points vs 09-2025
11-2025: 0.9%● unchanged vs 10-2025
12-2025: 1.2%▲ +0.3 percentage points vs 11-2025
01-2026: 2.1%▲ +0.9 percentage points vs 12-2025
02-2026: 2.1%● unchanged vs 01-2026
03-2026: 2.1%● unchanged vs 02-2026
04-2026: 1.8%▼ -0.3 percentage points vs 03-2026
05-2026: 1.8%● unchanged vs 04-2026
06-2026: 1.7%▼ -0.1 percentage points vs 05-2026
07-2026: 1.7%● unchanged vs 06-2026
08-2026: 2.1%▲ +0.4 percentage points vs 07-2026
09-2026: 3.1%▲ +1.0 percentage point vs 08-2026highest value
10-2026: 3.1%● unchanged vs 09-2026highest value
11-2026: 3.1%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 31 days late; 2 of the last 3 accounts late
Loss of €52,098 (financial year 2025)
Sector: Food and beverage service activities (NACE 56)
Liquidity: current ratio 2.66, cash €3,169, halved
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 78% of them on solvency, 29% on liquidity, 8% on profitability and 23% on growth.
The bankruptcy probability was computed on 07-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 5,831 companies had the same profile as LE PIRATE GREC has now. Each dot stands for 15 companies, two years later.
84.6%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of LE PIRATE GREC itself is higher: 3.1% within 12 months. It rests on far more data about LE PIRATE GREC than the profile alone.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 5,831 companies, not a prediction for LE PIRATE GREC. 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 of up to €8,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.66 (4.56 in 2024), above the usual 1.5. Short-term debt is 37.2% and cash 1.2% of total assets. 37.2% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
raises risk
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 days late
2024
222 days late
2023
2 days early
2022
5 days early
2021
3 days early
2020
26 days late
2019
on the day
← 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 38 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 30 July (4 of the last 5 accounts filed within 32 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Reappointment: Papadimitriou Anastassios (sole director)
General meeting of 21-09-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0867495744
Resignation: Cabrera Sanguino Carmina (director)
General meeting of 31-12-2004 · Gazette deed
First establishment
Mechelsestraat 20, Vilvoorde
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LE PIRATE GREC Ixelles | €260,692 | €37,664 | 62.8% | - |
| DE GROENE MUNT Diest | €266,619 | €38,761 | 85.0% | - |
| DEVA Antwerp | €273,872 | €34,937 | 30.5% | - |
| COMPOSITION Huy | €285,618 | €35,427 | 27.0% | - |
| WAITINGROOM FOR HEAVEN Wommelgem | €274,993 | €36,829 | 56.2% | - |
| ZHOU-ZHANG Braine-l'Alleud | €274,249 | €42,517 | 79.5% | - |
| BUROVEX Ostend | €225,606 | €34,865 | -53.9% | 0 |
These companies have the same main activity as LE PIRATE GREC: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €226,000 and €286,000, founded between 2002 and 2006.
Official details
Source: KBO- Status
- Active since 29-09-2004Normal situation
- Activity
- Full-service restaurantsNACE 56111
- Establishment unit
- 2.157.353.3431800 Vilvoorde, since 01-10-2004
- Financial year end
- 31 December
- Peppol
- Reachable since 13-02-2026
Insights on LE PIRATE GREC
LE PIRATE GREC files the abbreviated format. That format states no turnover. The gross margin fell from €135,895 in 2006 to €37,664 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 PIRATE GREC
- What is the company number of LE PIRATE GREC?
- The company number of LE PIRATE GREC is 0867.495.744. The VAT number is the same number with BE in front: BE 0867.495.744.
- Where is LE PIRATE GREC based?
- The registered office is at Gen.Dossin de St.Georgeslaan 74, 1050 Ixelles.Company details
- What does LE PIRATE GREC do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of LE PIRATE GREC?
- LE PIRATE GREC is a public limited company (NV).
- When was LE PIRATE GREC founded?
- LE PIRATE GREC was founded on 29-09-2004.
- Is LE PIRATE GREC still active?
- Yes, LE PIRATE GREC is an active enterprise in the KBO register.
- How many employees does LE PIRATE GREC have?
- LE PIRATE GREC had an average of 3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of LE PIRATE GREC?
- The turnover of LE PIRATE GREC was €242,440 in financial year 2025, according to the filed annual accounts.
- Is LE PIRATE GREC profitable?
- In financial year 2025, LE PIRATE GREC made a loss of €52,098.
- Where can I find the annual accounts of LE PIRATE GREC?
- LE PIRATE GREC filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LE PIRATE GREC due?
- LE PIRATE GREC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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