GRACO
ActiveSummary
GRACO has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.6m and a net result of €13,290. Equity remains stable across the filed fiscal years (±0.8% per year). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability40=
Solvency100=
Growth62▼-16
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
short-term debt: 0.2% and cash: 14.9% of total assets, and 0.2% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
99.8%
Return on assets
0.8%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-06-2025, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
41 d early
2023
42 d early
2022
30 d late
2021
18 d late
2020
6 d late
2019
39 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 2 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€31,432▼ 0.5%
2023 · €31,601
EBIT margin
56.7%▼ 0.4pp
2023 · 57.1%
Net result
€13,290▼ 0.2%
2023 · €13,319
Working capital
€250,935▲ 5.6%
2023 · €237,645
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€31,601€31,432▼ 0.5%
Operating result€18,759▼ 1.4%€18,702▼ 0.3%€17,758▼ 5.0%€18,043▲ 1.6%€17,812▼ 1.3%
Net result€15,164▲ 13.2%€12,669▼ 16.5%€13,351▲ 5.4%€13,319▼ 0.2%€13,290▼ 0.2%
EBIT margin57.1%56.7%▼ 0.4pp
Equity€1.6m▲ 1.0%€1.6m▲ 0.8%€1.6m▲ 0.8%€1.6m▲ 0.8%€1.6m▲ 0.8%
Total assets€1.6m▲ 1.0%€1.6m▲ 0.2%€1.6m▲ 0.9%€1.6m▲ 0.8%€1.6m▲ 0.7%
Debt€13,184▲ 8.8%€4,414▼ 66.5%€4,701▲ 6.5%€3,889▼ 17.3%€2,454▼ 36.9%
Working capital€198,307▲ 8.3%€210,976▲ 6.4%€224,326▲ 6.3%€237,645▲ 5.9%€250,935▲ 5.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 1% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.6m
Fixed assets
€1.4m =
Current assets
€253,389 ▲ 4.9%
Equity and liabilities €1.6m
Equity
€1.6m ▲ 0.8%
Debt
€2,454 ▼ 36.9%
Debt's share of the balance-sheet total falls from 0.2% to 0.2%. Equity is higher and debt is lower.
Key figures and ratios
Debt to equity
0.00▼
2023 · 0.00
ROE
0.8%▼
2023 · 0.8%
ROA
0.8%▼
2023 · 0.8%
Debt ≤ 1 year
€2,454▼
2023 · €3,889
Income taxes
€4,503▼
2023 · €4,670
A ratio outside any meaningful range has been withheld (balance sheet total €1.6m, equity €1.6m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €31,601 | €31,432 | ▼ 0.5% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €7,789 | €7,621 | ▼ 2.2% |
| Other operating charges640/8 | - | €5,150 | €5,273 | €5,769 | €5,999 | ▲ 4.0% |
| Gross operating margin9900 | €23,872 | €23,851 | €23,031 | €23,812 | €23,811 | = |
| Operating profit (loss)9901 | €18,759 | €18,702 | €17,758 | €18,043 | €17,812 | ▼ 1.3% |
| Financial income75/76B | - | €197 | €145 | €119 | €145 | ▲ 21.5% |
| Recurring financial income75 | €179 | €197 | €145 | €119 | €145 | ▲ 21.5% |
| Financial charges65/66B | - | €168 | €178 | €173 | €164 | ▼ 5.2% |
| Recurring financial charges65 | €180 | €168 | €178 | €173 | €164 | ▼ 5.2% |
| Profit (loss) for the period before taxes9903 | €18,758 | €18,730 | €17,724 | €17,989 | €17,793 | ▼ 1.1% |
| Income taxes67/77 | €3,594 | €6,062 | €4,374 | €4,670 | €4,503 | ▼ 3.6% |
| Profit (loss) for the period9904 | €15,164 | €12,669 | €13,351 | €13,319 | €13,290 | ▼ 0.2% |
| Profit (loss) for the period to be appropriated9905 | €15,164 | €12,669 | €13,351 | €13,319 | €13,290 | ▼ 0.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.6m | €1.6m | €1.6m | €1.6m | €1.6m | ▲ 0.7% |
| Fixed assets21/28 | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | = |
| Tangible fixed assets22/27 | €24,789 | €24,789 | €24,789 | €24,789 | €24,789 | = |
| Land and buildings22 | - | €24,789 | €24,789 | €24,789 | €24,789 | = |
| Financial fixed assets28 | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | = |
| Current assets29/58 | €211,491 | €215,390 | €229,027 | €241,534 | €253,389 | ▲ 4.9% |
| Amounts receivable within one year40/41 | €3,562 | €2,126 | €3,789 | €3,512 | €4,489 | ▲ 27.8% |
| Trade receivables40 | - | - | €1,519 | €1,123 | €1,954 | ▲ 74.0% |
| Other amounts receivable41 | - | €2,126 | €2,270 | €2,390 | €2,535 | ▲ 6.1% |
| Cash at bank and in hand54/58 | €201,653 | €202,456 | €219,311 | €232,103 | €243,046 | ▲ 4.7% |
| Deferred charges and accrued income490/1 | - | €10,808 | €5,928 | €5,919 | €5,854 | ▼ 1.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.6m | €1.6m | €1.6m | €1.6m | €1.6m | ▲ 0.7% |
| Equity10/15 | €1.6m | €1.6m | €1.6m | €1.6m | €1.6m | ▲ 0.8% |
| Contributions10/11 | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | = |
| Capital10 | - | €1.5m | €1.5m | €1.5m | €1.5m | = |
| Issued capital100 | - | €1.5m | €1.5m | €1.5m | €1.5m | = |
| Reserves13 | €10,912 | €11,546 | €12,214 | €12,879 | €13,544 | ▲ 5.2% |
| Non-distributable reserves130/1 | - | €11,546 | €12,214 | €12,879 | €13,544 | ▲ 5.2% |
| Legal reserve130 | - | €11,546 | €12,214 | €12,879 | €13,544 | ▲ 5.2% |
| Profit (loss) carried forward14 | €70,352 | €82,387 | €95,070 | €107,723 | €120,347 | ▲ 11.7% |
| Amounts payable17/49 | €13,184 | €4,414 | €4,701 | €3,889 | €2,454 | ▼ 36.9% |
| Amounts payable within one year42/48 | €13,184 | €4,414 | €4,701 | €3,889 | €2,454 | ▼ 36.9% |
| Trade debts44 | €1,876 | €1,808 | €1,428 | €1,419 | €1,354 | ▼ 4.6% |
| Suppliers440/4 | - | €1,808 | €1,428 | €1,419 | €1,354 | ▼ 4.6% |
| Taxes, remuneration and social security45 | - | €2,606 | €3,274 | €2,470 | €1,100 | ▼ 55.5% |
| Taxes450/3 | - | €2,606 | €3,274 | €2,470 | €1,100 | ▼ 55.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,164 | €12,669 | €13,351 | €13,319 | €13,290 | ▼ 0.2% |
| Operating cash flow (approximation) | €15,164 | €12,669 | €13,351 | €13,319 | €13,290 | ▼ 0.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €803 | €16,855 | €12,792 | €10,943 | ▼ 14.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
31-12
Financial
Liquidity triplescurrent ratio 48.80
Current ratio from 16.04 to 48.80; short-term debt falls from €13,184 to €4,414.
06-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 6 days late
2020
31-12
Financial
Highest result since 2018net €15,164 ▲13.2%
Net result €15,164, the highest in the series.
08-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 39 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
13-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Grâce-Hollogne · 1 establishment unit since 1980
Ground area
2,170 m²
Building footprint
453 m²
Volume, LiDAR
2,987 m³
2 parcels, Wallonia · tallest building 9.4 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Rue du Laveu 3, 4101 Seraing
since 19802.018.105.091
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62046A0161/00Z005 | Wallonia | 1,909 m² | 1 · 429 m² | 9.4 m · 3 fl. |
| 62058A0667/00Z000 | Wallonia | 262 m² | 1 · 24 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
2 holdingsOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 2
- Etablissements Velden FrèressubsidiarySourceown accounts 2024100%
- C.M.G.subsidiarySourceown accounts 202488%
According to the 2024 annual accounts of GRACO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Identification & contact
Identification
Legal formPublic limited company
Founded01-09-1980
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.