ACTIVE

GRUSLIN - PATRICK

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Financial year 2025 · closed on 31/12/2025

Net result

-9,6 k €

-323.2% YoY

Revenue

301,2 k €

+0.0% YoY

Equity

102,6 k €

-8.6% YoY

What does GRUSLIN - PATRICK do?

GRUSLIN - PATRICK is a Private company with limited liability incorporated in 1991. Its main activity is: Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores. Its registered office is in Ixelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0444.042.838

Incorporation

26/04/1991

Legal form

Private company with limited liability

Registered office

Place Georges Brugmann 32
1050 Ixelles · BruxellesSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

47241Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores· main 47241Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores 52240Cargo handling 55301Camping grounds, recreational vehicle parks and trailer parks 56101Restaurants and mobile food service activities 56111Restaurants and mobile food service activities

Joint committees (1)

Signals

Solid equityLow riskGood liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	301,2 k €	+0.0%	301,2 k €	-3.5%	312,1 k €	+4.8%	297,7 k €	+16.2%	256,2 k €	+1.4%	252,7 k €	-1.4%	256,3 k €	-10.6%	286,7 k €	-8.3%	312,6 k €	+0.2%	311,9 k €	-0.7%	314,1 k €	+1.6%	309,2 k €	-1.2%	313,1 k €	+4.9%	298,4 k €	-9.8%	331 k €	-16.2%	395,2 k €	+18.1%	334,6 k €	+7.3%	311,8 k €	+7.3%	290,6 k €	+11.7%	260,1 k €
EBITDA	-4,6 k €	-143%	10,8 k €	-41.2%	18,3 k €	-29.7%	26,1 k €	-10.2%	29 k €	+76.9%	16,4 k €	-10.6%	18,3 k €	-17.5%	22,2 k €	-47.3%	42,2 k €	+5.1%	40,2 k €	-29.7%	57,1 k €	+18.9%	48,1 k €	+15.8%	41,5 k €	+34.0%	31 k €	-42.9%	54,2 k €	+35.3%	40,1 k €	-47.4%	76,3 k €	+35.8%	56,2 k €	+38.8%	40,5 k €	+45.0%	27,9 k €
Operating result	-5,4 k €	-155%	9,9 k €	-44.4%	17,8 k €	-15.5%	21,1 k €	+0.9%	20,9 k €	+146%	8,5 k €	-17.7%	10,4 k €	+1.4%	10,2 k €	-69.3%	33,2 k €	+53.1%	21,7 k €	-19.0%	26,8 k €	+56.7%	17,1 k €	+18.4%	14,4 k €	+165%	5,4 k €	-81.3%	29,2 k €	+439%	5,4 k €	-75.9%	22,5 k €	+18.5%	19 k €	+1029%	1,7 k €	+126%	-6,4 k €
Net result	-9,6 k €	-323%	4,3 k €	-55.5%	9,7 k €	-26.0%	13,1 k €	-24.3%	17,3 k €	+431%	3,3 k €	+129%	-11,1 k €	-240%	-3,3 k €	-122%	14,7 k €	+34.1%	11 k €	-21.5%	14 k €	+17.4%	11,9 k €	+102%	5,9 k €	+2556%	-240,8 €	-124%	988,7 €	-76.5%	4,2 k €	-79.7%	20,7 k €	+48.2%	13,9 k €	+550%	-3,1 k €	+62.4%	-8,2 k €
Balance sheet
Equity	102,6 k €	-8.6%	112,2 k €	+4.0%	107,9 k €	+9.8%	98,2 k €	+15.4%	85,2 k €	+25.4%	67,9 k €	+5.0%	64,6 k €	-14.6%	75,7 k €	-4.1%	79 k €	+22.9%	64,3 k €	+20.6%	53,3 k €	+35.6%	39,3 k €	+43.6%	27,4 k €	+27.6%	21,5 k €	-1.1%	21,7 k €	+4.8%	20,7 k €	+25.5%	16,5 k €	+497%	-4,2 k €	+77.0%	-18,1 k €	-20.7%	-15 k €
Total assets	111,3 k €	-19.2%	137,7 k €	+3.0%	133,6 k €	-2.7%	137,4 k €	+5.4%	130,3 k €	-3.7%	135,3 k €	+0.2%	135 k €	-16.2%	161,1 k €	+27.2%	126,7 k €	+32.7%	95,5 k €	-12.3%	108,9 k €	-14.0%	126,7 k €	+4.1%	121,7 k €	-18.1%	148,7 k €	+57.9%	94,2 k €	+41.0%	66,8 k €	-33.8%	100,9 k €	-8.4%	110,2 k €	-24.5%	145,9 k €	-8.6%	159,6 k €
Cash	58,6 k €	+7.5%	54,5 k €	+12.2%	48,6 k €	-13.0%	55,8 k €	+21.2%	46,1 k €	+7.9%	42,7 k €	+13.7%	37,5 k €	-32.5%	55,6 k €	-18.8%	68,5 k €	+58.3%	43,3 k €	+6.8%	40,5 k €	+47.5%	27,5 k €	-11.1%	30,9 k €	-28.8%	43,4 k €	+32.9%	32,7 k €	+21.7%	26,8 k €	-14.7%	31,5 k €	+18.7%	26,5 k €	-0.8%	26,7 k €	+9.8%	24,3 k €
Debts	8,7 k €	-65.9%	25,5 k €	-0.9%	25,7 k €	-34.3%	39,1 k €	-13.3%	45,1 k €	-33.1%	67,4 k €	-4.2%	70,4 k €	-17.6%	85,4 k €	+78.9%	47,7 k €	+53.0%	31,2 k €	-43.9%	55,6 k €	-36.4%	87,4 k €	-7.4%	94,4 k €	-25.8%	127,2 k €	+75.5%	72,5 k €	+57.3%	46,1 k €	-44.3%	82,8 k €	-25.5%	111,1 k €	-30.2%	159 k €	-5.3%	168 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		0,5 ETP	+25.0%	0,4 ETP	-60.0%	1,0 ETP		–		1,0 ETP	0.0%	1,0 ETP	-33.3%	1,5 ETP	+50.0%	1,0 ETP	0.0%	1,0 ETP	-33.3%	1,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 3 ended

Active mandates

thierry marchal

Administrator - manager · since 22 mars 2016

Active

STEPHANE gruslin

Administrator - manager · since 25 mai 1991

Active

Ended mandates

THIERRY MARCHAL

Manager · since 22 mars 2016

Ended

STEPHANE gruslin

Manager · since 25 mai 1991

Ended

STEPHANE GRUSLIN

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Festival international de Bruxelles-Théâtre du Globe, Goupe de Recherches et de Réalisations● Active	0412.664.724

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2026	25/07/2025	29/08/2024	29/08/2023	28/07/2022	26/08/2021
General meeting	19/05/2026	20/05/2025	21/05/2024	16/05/2023	17/05/2022	18/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	19/05/2026	31/08/2026	French	PDF
Micro model	31/12/2024	20/05/2025	25/07/2025	French	PDF
Micro model	31/12/2023	21/05/2024	29/08/2024	French	PDF
Micro model	31/12/2022	16/05/2023	29/08/2023	French	PDF
Micro model	31/12/2021	17/05/2022	28/07/2022	French	PDF
Micro model	31/12/2020	18/05/2021	26/08/2021	French	PDF
Micro model	31/12/2019	19/05/2020	13/10/2020	French	PDF
Micro model	31/12/2018	21/05/2019	16/08/2019	French	PDF
Micro model	31/12/2017	15/05/2018	27/08/2018	French	PDF
Micro model	31/12/2016	16/05/2017	24/07/2017	French	PDF
Abridged model	31/12/2015	17/05/2016	16/08/2016	French	PDF
Abridged model	31/12/2014	19/05/2015	27/08/2015	French	PDF
Abridged model	31/12/2013	20/05/2014	28/08/2014	French	PDF
Abridged model	31/12/2012	21/05/2013	19/08/2013	French	PDF
Abridged model	31/12/2011	18/05/2012	27/07/2012	French	PDF
Abridged model	31/12/2010	17/05/2011	27/07/2011	French	PDF
Abridged model	31/12/2009	19/05/2010	03/08/2010	French	PDF
Abridged model	31/12/2008	20/05/2009	06/08/2009	French	PDF
Abridged model	31/12/2007	21/05/2008	19/08/2008	French	PDF
Abridged model	31/12/2006	16/05/2007	26/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 3 ended

Active mandates

thierry marchal

Administrator - manager · since 22 mars 2016

Active

STEPHANE gruslin

Administrator - manager · since 25 mai 1991

Active

Ended mandates

THIERRY MARCHAL

Manager · since 22 mars 2016

Ended

STEPHANE gruslin

Manager · since 25 mai 1991

Ended

STEPHANE GRUSLIN

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/05/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates01/06/2011
DEMISSIONS, NOMINATIONS
PDF
Registered office18/05/2004
SIEGE SOCIAL - OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS - ASSEMBLEE GENERALE
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-9,6 k €↓
2024
Annual accounts 20244,3 k €↓
2023
Annual accounts 20239,7 k €↓
2022
Annual accounts 202213,1 k €↓
2021
Annual accounts 202117,3 k €↑
2020
Annual accounts 20203,3 k €↑
2019
Annual accounts 2019-11,1 k €↓
2018
Annual accounts 2018-3,3 k €↓
2017
Annual accounts 201714,7 k €↑
2016
Annual accounts 201611 k €↓
2015
Annual accounts 201514 k €↑
2014
Annual accounts 201411,9 k €↑
2013
Annual accounts 20135,9 k €↑
2012
Annual accounts 2012-240,8 €↓
2011
Annual accounts 2011988,7 €↓
2010
Annual accounts 20104,2 k €↓
2009
Annual accounts 200920,7 k €↑
2008
Annual accounts 200813,9 k €↑
2007
Annual accounts 2007-3,1 k €↑
2006
Annual accounts 2006-8,2 k €
26/04/1991
IncorporationPrivate company with limited liability

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

GRUSLIN - PATRICK

Overview

What does GRUSLIN - PATRICK do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline