FOLKERT GRAAFSMA
ActiveSummary
FOLKERT GRAAFSMA has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €769k and a net result of €236k. Equity is growing by ~17.8% per year across the filed fiscal years. Its solvency ranks better than 66% of 12707 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
99
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability96▼-2
Solvency96▲+15
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 5.42 against 3.1 in 2024; short-term debt: 12.8% and cash: 44.5% of total assets), and 28.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
71.4%
Return on assets
21.9%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 19-12-2025, 132 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
132 d early
2024
1 d early
2023
40 d early
2022
30 d early
2021
39 d early
2020
7 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€769k▲ 44.3%
2024 · €533k
2018: €126k
2019: €198k
2020: €312k
2021: €394k
2022: €413k
2023: €438k
2024: €533k
2018 → 2025
Total assets
€1.08M▲ 13.0%
2024 · €953k
2018: €198k
2019: €454k
2020: €654k
2021: €770k
2022: €727k
2023: €731k
2024: €953k
2018 → 2025
Net result
€236k▲ 5.8%
2024 · €223k
2018: €106k
2019: €72k
2020: €114k
2021: €125k
2022: €19k
2023: €25k
2024: €223k
2018 → 2025
Working capital
€608k▲ 27.6%
2024 · €476k
2018: €101k
2019: €180k
2020: €297k
2021: €344k
2022: €363k
2023: €396k
2024: €476k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€394k-€413k▲ 4.9%€438k▲ 6.0%€533k▲ 21.7%€769k▲ 44.3%
Operating result€176k-€34k▼ 80.8%€39k▲ 14.2%€327k▲ 742%€349k▲ 6.8%
Net result€125k-€19k▼ 84.4%€25k▲ 28.5%€223k▲ 794%€236k▲ 5.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 7% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.08M
Fixed assets
€332k ▲ 32.7%
Current assets
€746k ▲ 6.0%
Equity and liabilities €1.08M
Equity
€769k ▲ 44.3%
Debt
€308k ▼ 26.7%
Debt's share of the balance-sheet total falls from 44.1% to 28.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€389k▲
2024 · €356k
Cash flow
€276k▲
2024 · €253k
Current ratio
5.42▲
2024 · 3.10
Debt to equity
0.40▼
2024 · 0.79
ROE
30.7%▼
2024 · 41.9%
ROA
21.9%▼
2024 · 23.4%
Interest coverage
72.44▲
2024 · 46.99
Debt ≤ 1 year
€137k▼
2024 · €227k
Debt > 1 year
€167k▼
2024 · €188k
Income taxes
€110k▲
2024 · €102k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€953k€1.08M▲
Fixed assets21/28€250k€332k▲
Tangible fixed assets22/27€250k€332k▲
Land and buildings22€215k€192k▼
Plant, machinery and equipment23€21k€18k▼
Furniture and vehicles24€11k€112k▲
Other tangible fixed assets26€2k€10k▲
Current assets29/58€703k€746k▲
Amounts receivable after more than one year29€235k€235k=
Other amounts receivable291€235k€235k=
Amounts receivable within one year40/41€93k€26k▼
Trade receivables40€36k€26k▼
Other amounts receivable41€57k€0▼
Cash at bank and in hand54/58€372k€479k▲
Deferred charges and accrued income490/1€3k€5k▲
Equity and liabilities
Total equity and liabilities10/49€953k€1.08M▲
Equity10/15€533k€769k▲
Contributions10/11€19k€19k=
Reserves13€514k€750k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€514k€750k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€421k€308k▼
Amounts payable after more than one year17€188k€167k▼
Financial debts170/4€188k€167k▼
Amounts payable within one year42/48€227k€137k▼
Current portion of amounts payable after more than one year42€21k€21k▲
Financial debts43€12k€0▼
Credit institutions430/8€12k€0▼
Trade debts44€5k€24k▲
Suppliers440/4€5k€24k▲
Taxes, remuneration and social security45€61k€47k▼
Taxes450/3€56k€43k▼
Remuneration and social security454/9€5k€5k=
Other amounts payable47/48€129k€45k▼
Accrued charges and deferred income492/3€6k€4k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€40k▲
Other operating charges640/8€5k€5k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€361k€393k▲
Operating profit (loss)9901€327k€349k▲
Financial income75/76B€6k€3k▼
Recurring financial income75€6k€3k▼
Financial charges65/66B€8k€5k▼
Recurring financial charges65€8k€5k▼
Profit (loss) for the period before taxes9903€325k€346k▲
Income taxes67/77€102k€110k▲
Profit (loss) for the period9904€223k€236k▲
Profit (loss) for the period to be appropriated9905€223k€236k▲
Appropriation of the result
Profit (loss) to be appropriated9906€223k€236k▲
Transfer from equity791/2€129k€0▼
Transfer to equity691/2€223k€236k▲
To other reserves6921€223k€236k▲
Profit to be distributed694/7€129k€0▼
Return on contributions (dividend)694€129k€0▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
19-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-09
Financial
Highest result since 2018net €236k ▲5.8%
Operating result €349k, net result €236k, both a record.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Equity above €500kEq €533k ▲21.7%
7 profitable years in a row build equity to €533k.
21-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Weakest financial yearnet €19k ▼84.4%
Net result drops to €19k, the lowest in the series; recovery starts the following year.
22-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Equity above €200kEq €312k ▲57.8%
3 profitable years in a row build equity to €312k.
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Equity above €150kEq €198k ▲57.2%
2 profitable years in a row build equity to €198k.
Show earlier events
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 3 days late
2017
28-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tervuren · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Maesdellelaan 33080 TervurenGround area
877 m²
Building footprint
243 m²
Volume, LiDAR
1,255 m³
Parcel 24302F0071/03T003, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Maesdellelaan 3, 3080 Tervuren
since 20032.193.535.531
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24302F0071/03T003 | Flanders | 876 m² | 1 · 243 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
9676006BB6IN91BLEE89
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Of 22,058 companies in sector 69101 we hold annual accounts for 9,052. 4,904 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-12-2003
Fiscal year end30-09
Activities, NACEBEL 2025
69101Activities of lawyers
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.