GRACE PAPER AND BOARD
The computed 12-month bankruptcy probability of GRACE PAPER AND BOARD is 3.3% (moderate). The 2024 annual accounts show equity of €58k and a net result of €12k. Its solvency ranks better than 60% of 549 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €58k |
| Net result | €12k |
| Better than sector | 60% |
| Active | 3 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 41.5% | 31.0% | |
| Net result | €12k | €47k | |
| Equity | €58k | €468k | |
| Gross operating margin | €106k | €125k | |
| Staff costs | €64k | €494k |
Show 9 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | €31k |
| Net profit | €12k |
| Cash flow | €26k |
| Staff costs | €64k |
| Income taxes | €5k |
| Dividends | - |
| Total assets | €140k |
| Equity | €58k |
| Debt | €82k |
| of which ≤ 1y | €82k |
| of which > 1y | - |
| Working capital | €124 |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.00 |
| Quick ratio | 1.00 |
| Working capital ratio | 0.1% |
| Solvency | 41.5% |
| Debt / equity | 1.41 |
| Long-term debt ratio | - |
| Interest coverage | 146.49 |
| Gross margin | - |
| Net margin | - |
| ROA | 8.7% |
| ROE | 20.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (22 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €140k |
| Fixed assets | 21/28 | €58k |
| Tangible fixed assets | 22/27 | €57k |
| Financial fixed assets | 28 | €1k |
| Current assets | 29/58 | €82k |
| Amounts receivable within one year | 40/41 | €40k |
| Cash & bank | 54/58 | €42k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €140k |
| Equity | 10/15 | €58k |
| Contributions / capital | 10/11 | €20k |
| Accumulated profits (losses) | 14 | €38k |
| Amounts payable | 17/49 | €82k |
| Amounts payable within one year | 42/48 | €82k |
| Trade debts payable within one year | 44 | €51k |
| Income statement | ||
| Gross operating margin | 9900 | €106k |
| Operating result | 9901 | €17k |
| Financial income | 75 | €4 |
| Financial charges | 65 | €211 |
| Result before taxes | 9903 | €17k |
| Income taxes | 67/77 | €5k |
| Net result for the period | 9904 | €12k |
| Result to be appropriated | 9905 | €12k |
-
Ergec IsilDirectorState Gazette act 23040113 (23-03-2023)Current14-03-2023 → present
Former directors (1)
-
Orta IbrahimDirectorState Gazette act 23040113 (23-03-2023)Former- → 14-03-2023
| NACE primary | Handelsbemiddeling in de groothandel in andere specifieke goederen(46180) |
| Legal form | Private limited company(610) |
| Incorporation | 25-10-2022 |
| Status | Active |
| Postal code | 1050 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0007/00R000 | Brussels | 1,683 m² | 1 · 2,433 m² | 35.6 m · 9 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
23-03-2023 1 director appointed, 1 resigning
- Ergec Isil, Bestuurder
- Orta Ibrahim, Bestuurder
Technical details
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"reason": "de_plein_droit_dissolution",
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"effective_date": "2023-03-14",
"evidence_quote": "l\u0027assembl\u00E9e accepte la d\u00E9mission \u00E0 dater de ce jour, de l\u0027administrateur Monsieur Orta Ibrahim, il lu\u00ED donne d\u00E9charge pour l\u0027ex\u00E9cution de son mandat.",
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"notary": {
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},
"act_meta": {
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"filing_date": "2023-03-15",
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},
"decisions": [
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"body": "buitengewone_algemene_vergadering",
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}
],
"is_correction": false,
"subject_company": {
"kbo": "0792.873.842",
"name_full": "GRACE PAPER AND BOARD",
"legal_form": "SRL"
},
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}| Legal nameFR | GRACE PAPER AND BOARD |