What does GRAIN SA do?

GRAIN SA is a property company in Elsene. Public Limited, started on 19 January 2003, 1 establishment.

What is the address of GRAIN SA?

The registered office of GRAIN SA is located at Tenbosstraat 94, 1050 Elsene.

Is GRAIN SA still active?

Yes. According to the CBE (29 October 2026) GRAIN SA is active, legal situation “Normale toestand”, started on 19 January 2003.

Is GRAIN SA registered on Peppol?

Yes, GRAIN SA is registered on the Peppol network with ID 0208:0474141641.

What is the enterprise number of GRAIN SA?

The enterprise number of GRAIN SA is BE0474141641.

When was GRAIN SA founded?

GRAIN SA was founded on 19 January 2003.

Who are the directors of GRAIN SA?

According to the 2025 annual accounts, the directors of GRAIN SA are: Jean-Cédric Legein, Didier Bindels, Anne-Marie Van Aerde, Jean-Marc Grison.

Is GRAIN SA a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 19 January 2003; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did GRAIN SA make in 2025?

GRAIN SA recorded a loss after taxes of € 187,987 in financial year 2025.

What is the revenue of GRAIN SA?

As a small company, GRAIN SA is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 303,569.

GRAIN SA (Public Limited) - Elsene - BE0474141641

Dossier GRAIN SA, printed on 29 October 2026 from databakkes.be/en/0474141641/grain-sa. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 4 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

GRAIN SA from Elsene, company number BE0474141641, closed financial year 2025 with a result of € -187,987 after tax. For that financial year GRAIN SA recorded a gross margin of € 303,569 and equity of € -1.6 million. Compared with financial year 2024, the result moved from € -334,526 to € -187,987. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2026.

What it is worth Caution

€ -1.6 million

▼ € 187,987 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -187,987

▲ 44 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 56,132

▲ 93% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -1.7 million.

Debts at end 2025

Bank debt ≈ 30 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 7.4 million

▼ 1% vs 2024

€ 193,240 is repaid this year. At this pace the long-term loan is gone in ≈ 30 years.

Owed to suppliers

€ 46,621

▼ 33% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 5,620

▼ 74% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 221,850 Gross margin 2022: € 221,850 First fiscal year in the series	€ 290,184 Gross margin 2023: € 290,184 ▲ 31% vs 2022 (€ 221,850) Favourable step	€ 309,962 Gross margin 2024: € 309,962 ▲ 7% vs 2023 (€ 290,184) Favourable step	€ 303,569 Gross margin 2025: € 303,569 ▼ 2% vs 2024 (€ 309,962) Unfavourable step	▼ 2%
Profit after taxes	€ -283,526 Profit after taxes 2022: € -283,526 First fiscal year in the series	€ -224,155 Profit after taxes 2023: € -224,155 ▲ € 59,372 vs 2022 (€ -283,526) Favourable step	€ -334,526 Profit after taxes 2024: € -334,526 ▼ € 110,371 vs 2023 (€ -224,155) Unfavourable step	€ -187,987 Profit after taxes 2025: € -187,987 ▲ € 146,539 vs 2024 (€ -334,526) Favourable step	▲ € 146,539
Equity	€ -841,365 Equity 2022: € -841,365 First fiscal year in the series	€ -1,065,520 Equity 2023: € -1,065,520 ▼ € 224,155 vs 2022 (€ -841,365) Unfavourable step	€ -1,400,046 Equity 2024: € -1,400,046 ▼ € 334,526 vs 2023 (€ -1,065,520) Unfavourable step	€ -1,588,033 Equity 2025: € -1,588,033 ▼ € 187,987 vs 2024 (€ -1,400,046) Unfavourable step	▼ € 187,987
Total debts	€ 8,001,096 Total debts 2022: € 8,001,096 First fiscal year in the series	€ 7,933,029 Total debts 2023: € 7,933,029 ▼ 1% vs 2022 (€ 8,001,096) Favourable step	€ 7,986,139 Total debts 2024: € 7,986,139 ▲ 1% vs 2023 (€ 7,933,029) Unfavourable step	€ 7,875,028 Total debts 2025: € 7,875,028 ▼ 1% vs 2024 (€ 7,986,139) Favourable step	▼ 1%
Cash	€ 46,925 Cash 2022: € 46,925 First fiscal year in the series	€ 17,902 Cash 2023: € 17,902 ▼ 62% vs 2022 (€ 46,925) Unfavourable step	€ 29,018 Cash 2024: € 29,018 ▲ 62% vs 2023 (€ 17,902) Favourable step	€ 56,132 Cash 2025: € 56,132 ▲ 93% vs 2024 (€ 29,018) Favourable step	▲ 93%
Land & buildings	€ 7,110,543 Land & buildings 2022: € 7,110,543 First fiscal year in the series	€ 6,820,442 Land & buildings 2023: € 6,820,442 ▼ 4% vs 2022 (€ 7,110,543) Unchanged	€ 6,512,467 Land & buildings 2024: € 6,512,467 ▼ 5% vs 2023 (€ 6,820,442) Unchanged	€ 6,209,376 Land & buildings 2025: € 6,209,376 ▼ 5% vs 2024 (€ 6,512,467) Unchanged	▼ 5%
Retained profit	€ -903,365 Retained profit 2022: € -903,365 First fiscal year in the series	€ -1,127,520 Retained profit 2023: € -1,127,520 ▼ € 224,155 vs 2022 (€ -903,365) Unfavourable step	€ -1,462,046 Retained profit 2024: € -1,462,046 ▼ € 334,526 vs 2023 (€ -1,127,520) Unfavourable step	€ -1,650,033 Retained profit 2025: € -1,650,033 ▼ € 187,987 vs 2024 (€ -1,462,046) Unfavourable step	▼ € 187,987
Bank debt	€ 7,693,290 Bank debt 2022: € 7,693,290 First fiscal year in the series	€ 7,571,219 Bank debt 2023: € 7,571,219 ▼ 2% vs 2022 (€ 7,693,290) Favourable step	€ 7,535,814 Bank debt 2024: € 7,535,814 Unchanged (€ 7,571,219) Favourable step	€ 7,441,459 Bank debt 2025: € 7,441,459 ▼ 1% vs 2024 (€ 7,535,814) Favourable step	▼ 1%
Balance sheet total	€ 7,159,731 Balance sheet total 2022: € 7,159,731 First fiscal year in the series	€ 6,867,509 Balance sheet total 2023: € 6,867,509 ▼ 4% vs 2022 (€ 7,159,731) Unchanged	€ 6,586,093 Balance sheet total 2024: € 6,586,093 ▼ 4% vs 2023 (€ 6,867,509) Unchanged	€ 6,286,995 Balance sheet total 2025: € 6,286,995 ▼ 5% vs 2024 (€ 6,586,093) Unchanged	▼ 5%

Key figures of GRAIN SA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to GRAIN SA?

What happened at GRAIN SA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 Anne-Marie Van Aerde stepped down as director. NBB
Jul 22, 2026 New annual accounts for financial year 2025: loss of € 187,987. Source: NBB ↗
2026 Didier Bindels stepped down as director. NBB
2026 Jean-Marc Grison stepped down as director. NBB
2025 Jean-Cédric Legein stepped down as director. NBB
2023 Anne-Marie Van Aerde became a director. NBB
2020 Jean-Cédric Legein became a director. NBB
2020 Didier Bindels became a director. NBB

In short

From € 283,526 loss in 2022 to € 187,987 loss in 2025.

Paid € 0 in corporate taxes since 2022.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2025 annual accounts

Jean-Cédric Legein

Director

Also active at: FORT FOOD, MOUTARDE

since 2020 · until 2025

Didier Bindels

Managing director

Also active at: Instore, ALIZé, BIHO, TAUPINIERE

since 2020 · until 2026

Anne-Marie Van Aerde

Director

since 2023 · until 2029

Jean-Marc Grison

Director

since 2020 · until 2026

Establishments

Establishment units

Physical locations of this company

Registered office

Tenbosstraat 94

1050 Elsene

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

EVEREAST POLE PRODUCTIONS

Trans'ere

SN Finance

€ 18,808 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0474.141.641

VAT number

BE 0474.141.641

Registered office

Tenbosstraat 94, 1050 Elsene

Names & denominations

GRAIN SA · GRAIN NV

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

19 January 2003

Peppol

Active · Active since 11 Dec 2025

Activities · NACE

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Verhuur en exploitatie van sociale woningen

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Verhuur en exploitatie van terreinen

View on CBE Public ↗ Annual accounts (NBB) ↗

GRAIN SA

Warning lights

Financials

What happened to GRAIN SA?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions