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N GRI

Active
Private limited companyfounded 20206 years activeStationsstraat(Kor) 15, 8500 Kortrijk, BelgiumKBO/BCE: BE 0747.626.510
Summary

The computed 12-month bankruptcy probability of N GRI is 14.5% (high). The 2024 annual accounts show negative equity (-€5,711) and a net result of -€3,743. Equity is growing by ~19.5% per year across the filed fiscal years. Its solvency ranks better than 24% of 18,970 sector peers (NACE 56, fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Overview

Activity
Limited-service restaurants, excluding mobile food services
NACE 56112
1 site
Size
€65,293total assets 2024
Equity
-€5,711
Loss
-€3,743
Turnover not published (abridged schema)
Financial health
27 Weak Checked score 2024
Bankruptcy probability, 12 months
14.5%
Structure
Accounts 68 days overdue1 of 11 deeds read
Why 27- 1 financial year not filed after the legal deadline; latest accounts 165 days late; 3 of the last 3 late- 1 change of registered office in 24 months- Figures for FY 2024 (filed 14-01-2026)- Size: total assets €65,293Show the evidence

Checked score

Score 2024
27 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 22% of its sector peers (NACE 56, micro)
Financial strength · tick = 2023
Weak
Solvency 16-5
equity -8.7% of total assets
Liquidity 32+20
short-term debt 108.7% · cash 25.4%
Profitability 51+13
return on assets -5.7%
Bankruptcy probability, 12 months
14.5% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,693 companies)
Last 24 months 11-2024: 16.4%highest value 12-2024: 16.4%● unchanged vs 11-2024highest value 01-2025: 16.0%▼ -0.4 percentage points vs 12-2024 02-2025: 16.0%● unchanged vs 01-2025 03-2025: 11.3%▼ -4.7 percentage points vs 02-2025 04-2025: 10.9%▼ -0.4 percentage points vs 03-2025 05-2025: 10.6%▼ -0.3 percentage points vs 04-2025 06-2025: 9.9%▼ -0.7 percentage points vs 05-2025 07-2025: 7.1%▼ -2.8 percentage points vs 06-2025 08-2025: 6.7%▼ -0.4 percentage points vs 07-2025 09-2025: 6.3%▼ -0.4 percentage points vs 08-2025 10-2025: 6.3%● unchanged vs 09-2025 11-2025: 6.3%● unchanged vs 10-2025 12-2025: 6.3%● unchanged vs 11-2025 01-2026: 6.1%▼ -0.2 percentage points vs 12-2025lowest value 02-2026: 8.0%▲ +1.9 percentage points vs 01-2026 03-2026: 8.0%● unchanged vs 02-2026 04-2026: 8.0%● unchanged vs 03-2026 05-2026: 7.9%▼ -0.1 percentage points vs 04-2026 06-2026: 7.6%▼ -0.3 percentage points vs 05-2026 07-2026: 7.6%● unchanged vs 06-2026 08-2026: 7.9%▲ +0.3 percentage points vs 07-2026 09-2026: 8.3%▲ +0.4 percentage points vs 08-2026 10-2026: 14.5%▲ +6.2 percentage points vs 09-2026
No credit on open account
Liquidity short (current ratio 0.8 against 0.79 in 2023; short-term debt: 108.7% and cash: 25.4% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 22% on solvency, 26% on liquidity, 36% on profitability and 4% on growth.

The bankruptcy probability was computed on 06-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
+raises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 165 days late; 3 of the last 3 late
NBB · filings
raises risk · 1 change of registered office in 24 months
Belgian State Gazette
raises risk · Figures for FY 2024 (filed 14-01-2026)
NBB · annual accounts
raises risk · Size: total assets €65,293
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
21222324
2021 to 2024 · latest year -€5,711
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-01-2026, 165 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filings
Deviation from the deadline
2025
not confirmed
2024
165 days late
2023
530 days late
2022
896 days late
2021
1261 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 713 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Strikeout withdrawn
  1. Registered office · Capital & shares…Registered-office move · Share transfer…
  2. Strikeout withdrawnevent 12-01-2026
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€5,711 View
  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View
  • Total assets 20244 fiscal years filed €65,293 View

By topic

Financials

Fiscal year
2024
Total assets
€65,293
Loss
-€3,743
Solvency
-8.7%
Total assets▲ 23.4%
Net result
20212024
Go to Financials

Timeline

Events
7
Since
2022
  1. 12-01-2026Annual accounts filed
  2. 12-01-2026Annual accounts filed
  3. 12-01-2026Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Founded
26-05-2020
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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