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 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 5.1 to 0.
Financials
Financial year 2025
Le Grand Royal from Grez-Doiceau, company number BE0479938281, closed financial year 2025 with a result of € -81,498 after tax. For that financial year Le Grand Royal recorded a gross margin of € -54,883 and equity of € -149,304. Compared with financial year 2024, the result moved from € -4,454 to € -81,498. 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 31, 2026.
€ -149,304
▼ € 81,498 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -81,498
▼ 1730 % more loss than in 2024
Profit after tax over the fiscal year.
€ 982
▲ 78% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -461,704.
People and assets in 2025
0
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3,963
▼ 69% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 16,428
▼ 72% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 111,621
▼ 1% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 4,622 | € 44,667 | € 37,009 | € -54,883 | ▼ € 91,892 |
| Profit after taxes | € -59,237 | € -83,094 | € -4,454 | € -81,498 | ▼ € 77,044 |
| Equity | € 19,742 | € -63,352 | € -67,806 | € -149,304 | ▼ € 81,498 |
| Total debts | € 817,498 | € 887,241 | € 870,804 | € 841,842 | ▼ 3% |
| Cash | € 2,292 | € 1,580 | € 552 | € 982 | ▲ 78% |
| Retained profit | € -292,658 | € -375,752 | € -380,206 | € -461,704 | ▼ € 81,498 |
| Balance sheet total | € 837,240 | € 823,889 | € 802,998 | € 692,538 | ▼ 14% |
| Employees (FTE) | - | 5.1 | 0.5 | 0 | ▼ 0.5 |
Key figures of Le Grand Royal, 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 Le Grand Royal?
What happened at Le Grand Royal in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 81,498. Source: NBB ↗
- New establishment in Grez-Doiceau. KBO
- Start of the company according to the CBE. KBO
- Olivier Martinot became a director. NBB
In short
From € 59,237 loss in 2022 to € 81,498 loss in 2025.
Paid € 54,887 in corporate taxes since 2022.
On average € 8,800 of value added per employee in 2023.
Management
Behind Le Grand Royal is Olivier Martinot. It owns 100% of Immo Grand Royal itself.
Directors
According to the 2025 annual accounts
since 2003
Establishments
Establishment units
Physical locations of this company
Rue du Grand Royal 2 box 8
1390 Grez-Doiceau
Rue du Grand Royal 2/10
1390 Grez-Doiceau
Active since 3 June 2003
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →Immo Grand Royal same network
€ -71,705 gross margin · 2025
ECOLE D'EQUITATION LE GRAND ROYAL
Ferme et Compagnie
CG FINANCE same network
€ -18,352 gross margin · 2025
MART ESTATE
€ 51,429 gross margin · 2023
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0479.938.281
- VAT number
- BE 0479.938.281
- Registered office
- Rue du Grand Royal 2 bus 8, 1390 Grez-Doiceau
- Names & denominations
- Le Grand Royal
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 April 2003
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
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