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Parochiale Werken Grembergen

Active
Non-profit associationfounded 1925active for 101 yearsHamsesteenweg (GRE) 2, 9200 Dendermonde, BelgiumKBO/BCE: BE 0408.087.809
Summary

Parochiale Werken Grembergen has been active since 1925 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.1m and a net result of €51,311, of which €179,055 non-recurring income. Equity remains stable across the filed financial years (±0.2% per year). Its solvency ranks better than 95% of 943 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
Parochiale Werken GrembergenActiveChecked score 95/100
Risk analysis ReportCompare

Overview

Activity
Food and beverage service activities
NACE 56309Activities of religious organisations NACE 94910
Largest company by equity in Dendermonde, Accommodation and food service sector1 site
Size
€2.1mtotal assets 2025
Staff
1.5 FTE
Equity
€2.1m
Surplus
€51,311
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
  • Luc DilewynsChair
2025 accounts filed 53 days late2 of 8 deeds summarised
Why 95raises riskLast filed accounts filed 53 days late; 1 of the last 3 lateSector: Food and beverage service activities (NACE 56)Liquidity: current ratio 32.24, cash €39,552lowers riskLegal form: non-profit associationShow the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 62% of its sector peers (NACE 56, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 97.4% of total assets
Liquidity 52-2
short-term debt 1.7% · cash 1.9%
Profitability 72+56
return on assets 2.4%
Bankruptcy probability, 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 1.8% (23,763 companies, NACE 56, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 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 05-2025 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%● unchanged 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%● unchanged 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 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €190,000 on 30-day terms is acceptable
Liquidity ample (current ratio 32.24, compared with 32.43 in 2024, above the usual 1.5; short-term debt: 1.7% and cash: 1.9% of total assets), and 2.6% of the assets are financed with debt and provisions.
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 94% on solvency, 55% on liquidity, 52% on profitability and 46% on growth.

The bankruptcy probability was computed on 26-10-2026 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

Five signals.
lowers riskraises risk
lowers risk · Legal form: non-profit association
KBO
raises risk · Last filed accounts filed 53 days late; 1 of the last 3 late
NBB · filings
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Liquidity: current ratio 32.24, cash €39,552
NBB · annual accounts
raises risk · 2025 accounts filed 53 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-09-2026, 53 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 · 3 filings
Deviation from the deadline
2025
53 days late
2024
12 days late
2023
12 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 18 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 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 12 August (3 of the last 3 filed years within 41 days of that day).
Companies Code · seven months
Where today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Resignation: Van Damme Leopold (director)Gazette deed
  3. Back to profitnet €51,311

Key points

  • Positive: Back in profit in 2025after -€42,745 in 2024 €51,311 View
  • Positive: Largest company by equity in Dendermonde, Accommodation and food service sectorin the Checked rankings No. 1 View
  • Caution: A director leftlatest change 13-04-2026 · 1 in office 1 left View
  • Active since 1925founded 14-10-1925 101 years View

By topic

Financials

Financial year
2025
Total assets
€2.1m
Profit
€51,311
Solvency
97.4%
Total assets▲ 1.9%
Net result
20232025
Go to Financials

Timeline

Events
6
Since
2023
Next accounts
by 31-07-2027
  1. 12-08-2025Annual accounts filed
  2. 19-07-2024Annual accounts filed
  3. 11-07-2023Amendment of the articles · Name
Go to Timeline

Company details

Sites
1
Legal form
Non-profit association
Activity
Food and beverage service activitiesNACE 56309
Founded
14-10-1925
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about Parochiale Werken Grembergen

What is the company number of Parochiale Werken Grembergen?
0408.087.809. In Belgium the VAT number is the company number with BE in front: BE 0408.087.809.
Where is Parochiale Werken Grembergen based?
The registered office is at Hamsesteenweg (GRE) 2, 9200 Dendermonde.Company details
What does Parochiale Werken Grembergen do?
According to the KBO register, the main activity is food and beverage service activities (NACE 56309).
What is the legal form of Parochiale Werken Grembergen?
Non-profit association (VZW).
When was Parochiale Werken Grembergen founded?
On 14-10-1925.
Is Parochiale Werken Grembergen still active?
Yes, Parochiale Werken Grembergen is an active enterprise in the KBO register.
How many employees does Parochiale Werken Grembergen have?
On average 1.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Parochiale Werken Grembergen?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Parochiale Werken Grembergen profitable?
In financial year 2025, Parochiale Werken Grembergen made a profit of €51,311.
Where can I find the annual accounts of Parochiale Werken Grembergen?
Parochiale Werken Grembergen filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Parochiale Werken Grembergen due?
By 31-07-2027, for financial year 2026.Timeline

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