Skip to content

NEW GRENELLE

Active
Private limited company (pre-2019)founded 2017active for 9 yearsZuidstraat 21, 8820 Torhout, BelgiumKBO/BCE: BE 0677.867.474
Summary

NEW GRENELLE has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €437,082 and a net result of €172,468. Equity has been growing by about 53% per year since 2018. Its solvency ranks better than 73% of 22,774 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 04-07-2017 Normal situation
Activity
Retail sale of clothing and accessories for women, men, children and babies (general range) NACE 47716
Joint committee
109 Paritair Comité voor het kleding- en confectiebedrijf · annual accounts 2025
Establishment unit
2.268.938.480 8820 Torhout, since 04-07-2017
Financial year end
31 December
Peppol
Reachable since 21-10-2026

Board and ownership

Board
  • Benoot NeleDirector

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€283,766
▲ 33.0%
Turnover
≈ €1.0m
estimated
Profit
€172,468
▲ 43.0%
Equity
€437,082
▼ 5.9%
Total assets
€728,995
▲ 34.3%
Employees on 31-12-2025
1
=
Score breakdownraises riskSector: Retail trade (NACE 47)lowers riskLiquidity: current ratio 2.24, cash €480,005Size: total assets €728,995Equity €437,082 (60.0% of total assets)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 70% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Strong
Solvency 85-15
equity 60.0% of total assets
Liquidity 81-16
short-term debt 40.0% · cash 65.8%
Profitability 98+1
return on assets 23.7%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.6% (40,281 companies, NACE 47, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025highest value 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: < 0.1%▼ -0.1 percentage points vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: 0.1%▲ +0.1 percentage points vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.24 (5.54 in 2024), above the usual 1.5. Short-term debt is 40% and cash 65.8% of total assets. 40% 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 47, micro). It does better than 73% of them on solvency, 85% on liquidity, 90% on profitability and 30% on growth.

The bankruptcy probability was computed on 03-11-2026 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).

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.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 2.24, cash €480,005
NBB · annual accounts
lowers risk · Size: total assets €728,995
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
lowers risk · Equity €437,082 (60.0% 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 04-06-2026, 57 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
57 days early
2024
44 days early
2023
41 days early
2022
17 days early
2021
31 days early
2020
23 days early
2019
58 days early
← 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 39 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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 21 June (5 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
04-11-2026 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 net result than 95% of companies in retail tradesector median €5,083 · 22,756 companies €172,468 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Positive: Result rose in 2025from €120,608 to €172,468 ▲ 43.0% View
  • Positive: 5 profitable years in a rowprofit 2025: €172,468 5 years View

Recent changes

  1. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as NEW GRENELLE: retail sale of clothing and accessories for women, men, children and babies (general range) (NACE 47716). They are comparable in size and age: total assets between €555,000 and €940,000, founded between 2016 and 2018.

CompanyTotal assetsGross margin
NEW GRENELLE Torhout€728,995€283,766
Twee Meisjes Brugge€708,493€295,184
FRIANDISE Wingene€939,805€313,077
ELLE NORD Oostkamp€630,353€203,322
KABANOO 67 Oostkamp€645,866€191,467
NZA STORE KNOKKE Knokke-Heist€555,411€246,532
BEARS CO. Sint-Pieters-Woluwe€606,867€345,231
Full comparison

Key facts about NEW GRENELLE

What is the company number of NEW GRENELLE?
The company number of NEW GRENELLE is 0677.867.474. The VAT number is the same number with BE in front: BE 0677.867.474.
Where is NEW GRENELLE based?
The registered office is at Zuidstraat 21, 8820 Torhout.Company details
What does NEW GRENELLE do?
According to the KBO register, the main activity is retail sale of clothing and accessories for women, men, children and babies (general range) (NACE 47716).
What is the legal form of NEW GRENELLE?
The legal form of NEW GRENELLE is Private limited company (pre-2019) (BVBA).
When was NEW GRENELLE founded?
NEW GRENELLE was founded on 04-07-2017.
Is NEW GRENELLE still active?
Yes, NEW GRENELLE is an active enterprise in the KBO register.
How many employees does NEW GRENELLE have?
NEW GRENELLE had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does NEW GRENELLE fall under?
In its 2025 annual accounts, NEW GRENELLE states joint committee 109 (Paritair Comité voor het kleding- en confectiebedrijf).
What is the turnover of NEW GRENELLE?
The turnover in financial year 2025 is ≈ €1.0m. This figure is estimated from the gross margin of €283,766 and 68 comparable companies (NACE 477). It probably lies between €740,000 and €1.7m.
Is NEW GRENELLE profitable?
In financial year 2025, NEW GRENELLE made a profit of €172,468.
Where can I find the annual accounts of NEW GRENELLE?
NEW GRENELLE filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of NEW GRENELLE due?
NEW GRENELLE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.