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Complete company report
Generated 28-06-2026
Active BE 0719.295.382Private limited companyOpen bankruptcy

The Grain

Sint-Pietersvliet 7 ·2000 Antwerpen, Belgium· 7 yrs active
Sector: Computer programming & consultancy (62900)
Conclusion Checked

A bankruptcy procedure is open for The Grain according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €438k and a net result of €7k.

Based on the State Gazette, CBE and 3 annual accounts.
Key figures
Equity €438k
Net result €7k
Staff (FTE) 4
Active 7 yrs
Snowflake analysis 5 axes · computed by Checked
Health0Profitability7Solvency56Growth58Stability0
24 / 100

Fragile profile — watch health in particular.

Health 0
Profitability 7
Solvency 56
Growth 58
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High risk
Components
· Open bankruptcy (+50)
Trust signals 1 signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags 0 events
No administrative flags
Health barometer FY 2022 · computed
0 / 100 Critical
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.

See plans →
Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.
Financial overview5 NBB filings
Annual accounts filed on 27-06-2025 with the NBB · fiscal year 2024 · verkort
€-600k€-400k€-200k€0Operating result 2020: €-122k€-122kNet result 2020: €-105k€-105kOperating result 2021: €-432k€-432kNet result 2021: €-355k€-355kOperating result 2022: €-108k€-108kNet result 2022: €7k€7k202020212022
Operating resultNet result
EBITDA
€155k
— 20–22
Net profit
€7k
— 20–22
Cash flow
€270k
— 20–22
Total assets
€1.02M
+1.9% 20–22
Equity
€438k
-18.9% 20–22
Working capital
€-173k
— 20–22
Employees (FTE)
4
+21.2% 20–22
Staff costs
€335k
+25.8% 20–22
Income taxes
€-11k
+14.7% 20–22
Debt
€585k
+26.1% 20–22
Debt ≤ 1y
€432k
+71.6% 20–22
Debt > 1y
€152k
-28.1% 20–22
Current ratio
0.60
-53.2% 20–22
Quick ratio
0.60
-53.2% 20–22
Solvency
42.8%
-20.4% 20–22
Debt / equity
1.34
+55.4% 20–22
ROE
1.5%
— 20–22
ROA
0.6%
— 20–22
Interest coverage
24.43
— 20–22
Figures by fiscal year
Fiscal year2022
Revenue—
EBITDA€155k
Net profit€7k
Cash flow€270k
Staff costs€335k
Income taxes€-11k
Dividends—
Total assets€1.02M
Equity€438k
Debt€585k
of which ≤ 1y€432k
of which > 1y€152k
Working capital€-173k
Employees (FTE)4.0
Ratios (computed)
2022
Current ratio0.60
Quick ratio0.60
Working capital ratio-17.0%
Solvency42.8%
Debt / equity1.34
Long-term debt ratio0.35
Interest coverage24.43
Gross margin—
Net margin—
ROA0.6%
ROE1.5%
EBITDA margin—
Days sales outstanding—
Days payable outstanding—
Inventory turnover—
Days inventory (DSI)—
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet — Assets
TOTAL ASSETS 20/58€1.02M
Fixed assets 21/28€763k
Intangible fixed assets 21€761k
Tangible fixed assets 22/27€2k
Current assets 29/58€259k
Amounts receivable within one year 40/41€226k
Cash & bank 54/58€33k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1.02M
Equity 10/15€438k
Contributions / capital 10/11€765k
Accumulated profits (losses) 14€-454k
Amounts payable 17/49€585k
Amounts payable after one year 17€152k
Amounts payable within one year 42/48€432k
Trade debts payable within one year 44€136k
Income statement
Gross operating margin 9900€490k
Operating result 9901€-108k
Financial income 75€110k
Financial charges 65€6k
Result before taxes 9903€-5k
Income taxes 67/77€-11k
Net result for the period 9904€7k
Result to be appropriated 9905€7k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates1 person
Role Name Tenure Source
Curator CHRISTIAAN HENDRICKX
CUYLITSSTRAAT 48, 2018 ANTWERPEN 1
 16-12-2025 → present Belgian State Gazette
Legal Structure
NACE primary Computer programming & consultancy(62900)
Legal form Private limited company(610)
Incorporation23-01-2019
StatusActive
Postal code2000
First BS signal 23-12-2025
Latest BS signal 23-12-2025
Company structure — linked entities1 linked entities
The GrainBE 0719.295.382CHRISTIAAN HENDRICKXReceiver ↔ 99BBK ConsultingMAMA AFRICA 2AVATAR TICKET
Mandates
↔ 1 of these mandate-holders are active on other cases — click any red card to open that KBO.
Establishment units 1 location
THE GRAIN
Sint-Pietersvliet 7, 2000 AntwerpenUitgeven van overige software
since 20192.284.622.192
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11002A1949/03A000 Flanders 1,528 m² 1 · 1,528 m² 40.4 m · 12 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data — this is not proof of ownership.
Updates 9 events

A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
23-12-2025
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · THE GRAIN BV SINT-PIETERS- VLIET 7, 2000 ANTWERPEN 1 · event 16-12-2025
04-08-2025
State Gazette act Director changes
24103391 · correction
27-06-2025
NBB filing Annual accounts filed
fiscal year 2024 · verkort
2024
09-07-2024
State Gazette act Director changes
03-07-2024
NBB filing Annual accounts filed
fiscal year 2023 · verkort
2023
28-06-2023
NBB filing Annual accounts filed
fiscal year 2022 · verkort
06-04-2023
State Gazette act Director changes
2022
28-06-2022
NBB filing Annual accounts filed
fiscal year 2021 · verkort
2021
21-06-2021
NBB filing Annual accounts filed
fiscal year 2020 · verkort
Lifecycle & Insolvency Signals 1 events
23-12-2025
Bankruptcy Opening
Date: 16-12-2025 · Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · THE GRAIN BV SINT-PIETERS- VLIET 7, 2000 ANTWERPEN 1 · Publications in State Gazette ↗
Time machine — BS events + macro context 2021 — 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-12-23 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023–2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad — acts 3 acts
All acts · 3 updated 10 months ago
2025
04-08-2025 3 directors appointed, 1 resigning Director changescorrection
  • Nadine Crocaerts — Bijzonder gevolmachtigd
  • Anton Baeten — Bijzonder gevolmachtigd
  • Stephanie Struyfs — Bijzonder gevolmachtigd
  • Thomas Meersseman — Vaste vertegenwoordiger
Summary: 24103391
Technical details 
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  },
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}
2024
09-07-2024 4 directors appointed Director changes
  • Gerard Jim Bos — Bestuurder
  • Roland Comelis Johannes ten Broeke — Bestuurder
  • Entropy BV — Dagelijks bestuur
  • Mineshaft BV — Dagelijks bestuur
Technical details 
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2023
06-04-2023 2 resigning Director changes
  • Dirk De Nutte — Bestuurder
  • Pascal Bejstrup — Bestuurder
Technical details 
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    },
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      "effective_date": "2023-03-03",
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    },
    {
      "kind": "decharge_granted",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Pascal Bejstrup",
        "address": "Jules Moretuslei 52 bus A, B-2610 Antwerpen",
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": {
        "kbo": null,
        "name": "Heleesun BV",
        "address": null,
        "country": "BE",
        "legal_form": "BV"
      },
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": null,
    "filing_date": "2023-03-21",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "enig_aandeelhouder_schriftelijk",
      "date": "2023-03-02",
      "unanimous": true
    },
    {
      "body": "enig_aandeelhouder_schriftelijk",
      "date": "2023-03-03",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0719.295.382",
    "name_full": "The Grain",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "org",
    "org_kbo": null,
    "org_name": "Four and Five Law BV",
    "person_name": null,
    "org_rep_person_name": "Xander Michels",
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Computerconsultancy-activiteiten62020Overige diensten op het gebied van informatietechnologie en computer62090Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten62200Overige diensten op het gebied van informatietechnologie en computer62900Ingenieurs en aanverwante technische adviseurs, exclusief landmeters71121Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts71121Overige zakelijke dienstverlening, n.e.g.82990Overige zakelijke dienstverlening, neg82990
Primary activity highlighted.
Names & trade names
Legal nameNL The Grain
Registered office
Sint-Pietersvliet 7
2000 Antwerpen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative