GRACO
ActiveSummary
GRACO has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.6m and a net result of €4,629. Equity remains stable across the filed fiscal years (±0.8% per year). The computed 12-month bankruptcy probability is < 0.1% (very low).
Financials · fiscal year 2025, full schema
Turnover
€31,432▼ 0.5%
2023 · €31,601
EBIT margin
56.7%▼ 0.4pp
2023 · 57.1%
Net result
€4,629▼ 65.2%
2024 · €13,290
Working capital
€255,606▲ 1.9%
2024 · €250,935
Trend over the years
2021 to 2025, 5 fiscal years 2018 to 2025, 8 fiscal years
The operating result has fallen two years in a row; 2025 is 65% below 2024 and is the lowest result in the available series.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
Turnover€0.03m
2024
Operating result€0.006m
2025
Net result€0.005m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.6m
2025
Equity€1.6m
2025
Debt€0.007m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.3m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin56.7%
2024
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€0.03m€0.03m▼ 0.5%
Operating result€0.01m-€0.02m▲ 39.8%€0.02m▼ 1.4%€0.02m▼ 0.3%€0.02m▼ 5.0%€0.02m▲ 1.6%€0.02m▼ 1.3%€0.006m▼ 65.0%
Net result€0.01m-€0.01m▲ 38.9%€0.02m▲ 13.2%€0.01m▼ 16.5%€0.01m▲ 5.4%€0.01m▼ 0.2%€0.01m▼ 0.2%€0.005m▼ 65.2%
EBIT margin57.1%56.7%▼ 0.4pp
Equity€1.6m-€1.6m▲ 0.9%€1.6m▲ 1.0%€1.6m▲ 0.8%€1.6m▲ 0.8%€1.6m▲ 0.8%€1.6m▲ 0.8%€1.6m▲ 0.3%
Total assets€1.6m-€1.6m▲ 1.5%€1.6m▲ 1.0%€1.6m▲ 0.2%€1.6m▲ 0.9%€1.6m▲ 0.8%€1.6m▲ 0.7%€1.6m▲ 0.6%
Debt€0.002m-€0.01m▲ 449%€0.01m▲ 8.8%€0.004m▼ 66.5%€0.005m▲ 6.5%€0.004m▼ 17.3%€0.002m▼ 36.9%€0.007m▲ 192%
Working capital€0.2m-€0.2m▲ 7.9%€0.2m▲ 8.3%€0.2m▲ 6.4%€0.2m▲ 6.3%€0.2m▲ 5.9%€0.3m▲ 5.6%€0.3m▲ 1.9%
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.6m
Fixed assets
€1.4m =
Current assets
€262,721 ▲ 3.7%
Equity and liabilities €1.6m
Equity
€1.6m ▲ 0.3%
Debt
€7,157 ▲ 192%
Debt's share of the balance-sheet total rises from 0.2% to 0.4%. Equity and debt are higher.
Key figures and ratios
Current ratio
36.92
Debt to equity
0.00▲
2024 · 0.00
ROE
0.3%▼
2024 · 0.8%
ROA
0.3%▼
2024 · 0.8%
Debt ≤ 1 year
€7,115▲
2024 · €2,454
Income taxes
€1,408▼
2024 · €4,503
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | - | €31,601 | €31,432 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | - | €7,789 | €7,621 | - | - |
| Other operating charges640/8 | - | - | - | €5,150 | €5,273 | €5,769 | €5,999 | €11,683 | ▲ 94.7% |
| Gross operating margin9900 | €18,543 | €24,061 | €23,872 | €23,851 | €23,031 | €23,812 | €23,811 | €17,924 | ▼ 24.7% |
| Operating profit (loss)9901 | €13,600 | €19,020 | €18,759 | €18,702 | €17,758 | €18,043 | €17,812 | €6,241 | ▼ 65.0% |
| Financial income75/76B | - | - | - | €197 | €145 | €119 | €145 | - | - |
| Recurring financial income75 | €132 | €136 | €179 | €197 | €145 | €119 | €145 | - | - |
| Financial charges65/66B | - | - | - | €168 | €178 | €173 | €164 | €204 | ▲ 24.5% |
| Recurring financial charges65 | €149 | €147 | €180 | €168 | €178 | €173 | €164 | €204 | ▲ 24.5% |
| Profit (loss) for the period before taxes9903 | €13,584 | €19,008 | €18,758 | €18,730 | €17,724 | €17,989 | €17,793 | €6,037 | ▼ 66.1% |
| Income taxes67/77 | €3,940 | €5,611 | €3,594 | €6,062 | €4,374 | €4,670 | €4,503 | €1,408 | ▼ 68.7% |
| Profit (loss) for the period9904 | €9,644 | €13,397 | €15,164 | €12,669 | €13,351 | €13,319 | €13,290 | €4,629 | ▼ 65.2% |
| Profit (loss) for the period to be appropriated9905 | €9,644 | €13,397 | €15,164 | €12,669 | €13,351 | €13,319 | €13,290 | €4,629 | ▼ 65.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.6m | €1.6m | €1.6m | €1.6m | €1.6m | €1.6m | €1.6m | €1.6m | ▲ 0.6% |
| Fixed assets21/28 | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | = |
| Tangible fixed assets22/27 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Land and buildings22 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Financial fixed assets28 | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | = |
| Current assets29/58 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | €0.3m | ▲ 3.7% |
| Amounts receivable within one year40/41 | €0.004m | €0.004m | €0.004m | €0.002m | €0.004m | €0.004m | €0.004m | €0.006m | ▲ 23.7% |
| Trade receivables40 | - | - | - | - | €0.002m | €0.001m | €0.002m | €0.001m | ▼ 47.3% |
| Other amounts receivable41 | - | - | - | €0.002m | €0.002m | €0.002m | €0.003m | €0.005m | ▲ 78.5% |
| Cash at bank and in hand54/58 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | ▲ 5.3% |
| Deferred charges and accrued income490/1 | - | - | - | €0.01m | €0.006m | €0.006m | €0.006m | €0.001m | ▼ 77.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.6m | €1.6m | €1.6m | €1.6m | €1.6m | €1.6m | €1.6m | €1.6m | ▲ 0.6% |
| Equity10/15 | €1.6m | €1.6m | €1.6m | €1.6m | €1.6m | €1.6m | €1.6m | €1.6m | ▲ 0.3% |
| Contributions10/11 | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | = |
| Capital10 | - | - | - | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | = |
| Issued capital100 | - | - | - | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | = |
| Reserves13 | €0.009m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.02m | ▲ 10.7% |
| Non-distributable reserves130/1 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.02m | ▲ 10.7% |
| Legal reserve130 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.02m | ▲ 10.7% |
| Profit (loss) carried forward14 | €0.04m | €0.06m | €0.07m | €0.08m | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 2.6% |
| Amounts payable17/49 | €0.002m | €0.01m | €0.01m | €0.004m | €0.005m | €0.004m | €0.002m | €0.007m | ▲ 192% |
| Amounts payable within one year42/48 | €0.002m | €0.01m | €0.01m | €0.004m | €0.005m | €0.004m | €0.002m | €0.007m | ▲ 190% |
| Trade debts44 | €0.001m | €0.002m | €0.002m | €0.002m | €0.001m | €0.001m | €0.001m | €0.007m | ▲ 426% |
| Suppliers440/4 | - | - | - | €0.002m | €0.001m | €0.001m | €0.001m | €0.007m | ▲ 426% |
| Taxes, remuneration and social security45 | - | - | - | €0.003m | €0.003m | €0.002m | €0.001m | - | - |
| Taxes450/3 | - | - | - | €0.003m | €0.003m | €0.002m | €0.001m | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | - | €42 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,644 | €13,397 | €15,164 | €12,669 | €13,351 | €13,319 | €13,290 | €4,629 | ▼ 65.2% |
| Operating cash flow (approximation) | €9,644 | €13,397 | €15,164 | €12,669 | €13,351 | €13,319 | €13,290 | €4,629 | ▼ 65.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €22,435 | €16,581 | €803 | €16,855 | €12,792 | €10,943 | €12,805 | ▲ 17.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.