Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GRANDE RESERVE ALEXANDRE KETIN from Liège, company number BE0861879444, closed financial year 2025 with a result of € 49,168 after tax. For that financial year GRANDE RESERVE ALEXANDRE KETIN recorded a gross margin of € 80,374 and equity of € -35,972. Compared with financial year 2024, the result moved from € -276 to € 49,168. Profitable, and profit is growing. 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 October 16, 2025.
€ -35,972
▲ € 49,168 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 49,168
▲ still € 276 loss in 2024
Profit after tax over the fiscal year.
€ 45,400
▲ 40% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -585,972.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 127
▼ 96% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 65
▼ 90% 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 | € 70,370 | € 52,462 | € 30,399 | € 80,374 | ▲ 164% |
| Profit after taxes | € -5,166 | € 7,718 | € -276 | € 49,168 | ▲ € 49,444 |
| Equity | € -92,582 | € -84,864 | € -85,140 | € -35,972 | ▲ € 49,168 |
| Total debts | € 399,907 | € 382,939 | € 361,988 | € 329,250 | ▼ 9% |
| Cash | € 29,205 | € 38,342 | € 32,380 | € 45,400 | ▲ 40% |
| Land & buildings | € 209,963 | € 189,803 | € 215,465 | € 211,195 | ▼ 2% |
| Retained profit | € -642,582 | € -634,864 | € -635,140 | € -585,972 | ▲ € 49,168 |
| Balance sheet total | € 307,324 | € 298,075 | € 276,848 | € 293,278 | ▲ 6% |
Key figures of GRANDE RESERVE ALEXANDRE KETIN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to GRANDE RESERVE ALEXANDRE KETIN?
What happened at GRANDE RESERVE ALEXANDRE KETIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Odette Thiry stepped down as director. NBB
- Benoît Potier stepped down as director. NBB
- Alexandre Ketin stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 49,168. Source: NBB ↗
- Christian Dalimier stepped down as director. NBB
- Odette Thiry became a director. NBB
- Benoît Potier became a director. NBB
- Alexandre Ketin became a director. NBB
In short
From € 5,166 loss in 2022 to € 49,168 profit in 2025.
Paid € 0 in corporate taxes since 2022.
Best year ever: 2025, with € 49,168 profit.
Management
Directors
According to the 2025 annual accounts
Alexandre Ketin
Managing director
Also active at: FONDATION ALEXANDRE KETIN, Résidence Entité de Louveigné de la Fondation Alexandre Ketin
since 2021 · until 2027
Odette Thiry
Director
since 2023 · until 2029
since 2023 · until 2028
Christian Dalimier
Director
since 2019 · until 2025
Establishments
Establishment units
Physical locations of this company
Place Joseph-Willem 4 box 2
4032 Liège
Place Joseph-Willem 4
4032 Liège
Active since 24 November 2003
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0861.879.444
- VAT number
- BE 0861.879.444
- Registered office
- Place Joseph-Willem 4 bus 2, 4032 Liège
- Names & denominations
- GRANDE RESERVE ALEXANDRE KETIN · GRAK
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 November 2003
- Peppol
- Active · Active since 28 Jan 2026
- Activities · NACE
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