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GRACO

Active Risk: not assessed Private limited companyfounded 1990active for 35 yearsSlakweidestraat 31, 3630 MaasmechelenKBO/BCE: BE 0442.975.937 subsidiary of #1 company by total assets in Maasmechelen

Annual accounts 2025

full format, filed on 17-06-2026, 44 days before the deadline
€248.7m
▲ 27.5%
€264.0m
▼ 14.5%
€53.7m
▼ 58.0%
94.2%
▲ 31.1 percentage points
21.6%
▼ 43.9 percentage points
20.3%
▼ 21.0 percentage points

Money flows

no detail for 2025

Balance sheet

balance sheet total €264.0m on 31-12-2025
What the company ownsHow it is paid for

in €m

in euro

Position in the sector

94.2%

Higher than 83% of 3,042 companies in 2025.

20.3%

Higher than 91% of 3,034 companies in 2025.

GRACO Middle half of the sector 80% of the sector Full accounts in financial services (NACE 64)

Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Staff: top quarter

Staff

€123,017

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020201920182017201620152014201320122011201020092007
Balance sheet: assets
20/58 264.0m309.0m406.8m440.9m397.0m332.9m326.3m326.5m292.9m296.5m73.5m67.4m63.1m59.9m51.8m50.4m41.3m54.2m
21/28 261.1m262.2m261.0m261.0m261.3m244.0m244.7m245.2m251.5m233.4m------10.1m6.3m
21 ----------37,500223,716418,827622,6541.1m1.6m1.1m1.3m
22/27 9.9m11.0m9.8m9.9m10.2m10.3m11.0m11.6m6.0m6.2m6.7m7.2m7.8m8.4m7.8m7.7m8.0m4.1m
22 8.7m9.2m8.3m8.7m9.0m9.5m10.0m10.4m4.7m5.0m5.3m5.7m6.0m6.4m6.6m7.0m7.2m2.3m
23 539,595429,795548,079544,960675,984603,570632,064781,503872,2411.0m1.1m1.3m1.5m1.7m413,600407,071464,148383,328
24 597,496958,584513,723606,677473,239229,474342,344394,738391,244163,436184,070194,382269,884352,606224,589288,756279,792479,223
25 ----2,6768,02913,38218,73524,08829,44134,79440,14645,50050,853----
27 15,640450,000408,264-----------547,570-8,906953,210
28 251.2m251.2m251.2m251.2m251.2m233.7m233.7m233.7m245.5m227.1m10.8m6.8m6.8m6.8m31,617368,0291.0m807,984
280/1 251.2m251.2m251.2m251.2m251.2m233.7m233.7m233.7m245.5m227.1m10.8m6.8m6.8m6.8m----
280 251.2m251.2m251.2m251.2m251.2m233.7m233.7m233.7m233.7m218.9m6.8m6.8m6.8m6.8m----
281 --------11.9m8.2m4.0m-------
284/8 11,5003,3003,3003,3003,3003,3003,7503,75010,25024,71623,50622,84717,89126,98931,617368,0291.0m807,984
285/8 11,5003,3003,3003,3003,3003,3003,7503,75010,25024,71623,50622,84717,89126,98931,617368,0291.0m807,984
29/58 3.0m46.8m145.8m179.9m135.7m88.9m81.6m81.2m41.4m63.2m56.0m53.1m48.0m44.0m42.9m40.8m31.2m47.9m
3 ---------22.0m25.1m23.2m21.2m19.4m18.7m17.6m12.7m17.2m
30/36 ---------22.0m25.1m23.2m21.2m19.4m18.7m17.6m12.7m17.2m
34 ---------22.0m25.1m23.2m21.2m19.4m18.7m17.6m12.7m17.2m
40/41 2.5m46.4m117.7m164.6m123.1m8.7m14.4m72.7m23.9m37.0m26.0m28.1m25.1m21.8m22.4m19.9m17.7m29.6m
40 1.9m74,2412.3m2.3m2.5m7.5m2.4m2.9m3.0m35.2m25.7m27.6m24.8m21.5m22.3m19.6m16.7m25.0m
41 564,67146.3m115.5m162.2m120.6m1.2m12.0m69.8m21.0m1.8m316,707460,050300,689322,765174,128299,3301.1m4.6m
50/53 ------66.7m------350,000----
51/53 ------66.7m------350,000----
54/58 243,187261,52526.7m15.1m12.4m80.0m291,8437.5m17.0m3.7m4.4m1.3m1.3m2.0m1.5m3.0m586,743751,769
490/1 220,733188,3581.4m242,912177,854110,087213,7071.0m502,063398,305499,425519,068365,314402,847316,040269,678186,337231,078
Balance sheet: equity and liabilities
10/49 264.0m309.0m406.8m440.9m397.0m332.9m326.3m326.5m292.9m296.5m73.5m67.4m63.1m59.9m51.8m50.4m41.3m54.2m
10/15 248.7m195.0m147.3m209.2m139.4m109.2m105.5m86.3m56.1m53.0m35.6m17.7m14.7m16.8m17.5m14.7m16.8m14.9m
10/11 81.6m81.6m81.6m81.6m81.6m81.6m----------13.2m13.2m
10 -------81.6m81.6m81.6m25.7m13.2m13.2m13.2m13.2m13.2m--
100 -------81.6m81.6m81.6m25.7m13.2m13.2m13.2m13.2m13.2m13.2m13.2m
11 ------81.6m-----------
13 4.6m4.6m4.6m4.6m4.6m4.6m4.6m4.6m1.6m1.6m1.6m1.3m1.3m1.3m1.3m1.3m1.3m1.3m
130/1 4.6m4.6m4.6m4.6m4.6m4.6m------------
130 ------4.6m4.6m1.6m1.6m1.6m1.3m1.3m1.3m1.3m1.3m1.3m1.3m
1311 4.6m4.6m4.6m4.6m4.6m4.6m------------
14 162.5m108.8m61.1m123.0m53.2m22.9m19.2m26,944-27.3m-30.3m8.1m3.0m47,8422.1m2.8m2,6172.0m91,111
15 --3,91620,54537,17353,80270,43087,059103,688120,316136,945153,573170,203186,831203,459220,088236,717269,975
16 --2,01610,57819,14130,24548,09965,68783,155305,700328,317333,134330,376225,747209,670195,744183,654213,116
160/5 -----2,54111,83320,85829,764243,746257,801254,055242,735129,544104,90482,41661,76474,100
160 -----2,54111,83320,85829,76438,50855,27572,91185,565-----
164/5 ---------205,238------61,76474,100
168 --2,01610,57819,14127,70436,26644,82953,39161,95470,51679,07987,64196,203104,766113,328121,890139,016
17/49 15.3m114.0m259.4m231.7m257.6m223.7m220.8m240.1m236.8m243.2m37.6m49.4m48.0m42.8m34.1m35.5m24.4m39.1m
17 -0198.7m198.7m198.7m198.7m198.7m198.7m198.7m198.7m-7.5m6.6m6.9m----
170/4 -0198.7m198.7m198.7m198.7m198.7m198.7m198.7m198.7m-7.5m6.6m6.9m----
172 ------------17,84335,686----
174 -0198.7m198.7m198.7m198.7m198.7m198.7m198.7m198.7m-7.5m6.6m6.9m----
42/48 15.1m113.7m60.4m32.7m58.7m24.6m19.3m41.2m37.9m40.0m------22.1m35.4m
42 -26.7m---------17,84317,84317,843----
43 12.0m-57.7m30.2m54.9m20.7m16.2m7.4m31.6m19.9m20.0m13.3m17.6m12.9m10.5m11.7m11.8m15.2m
430/8 --335,8204.5m2.3m10.7m6.2m7.4m3.8m6.0m10.6m2.9m5.1m5.2m4.7m5.6m7.5m8.2m
439 12.0m-57.3m25.7m52.6m10.0m10.0m-27.9m14.0m9.4m10.4m12.5m7.8m5.8m6.1m4.3m7.0m
44 630,9504.9m243,188247,575785,656138,102130,368347,922498,68814.7m9.6m21.2m8.5m15.8m16.6m12.6m9.0m12.5m
440/4 630,9504.9m243,188247,575785,656138,102130,368347,922498,68814.7m9.6m21.2m8.5m15.8m16.6m12.6m9.0m12.5m
46 ---------81438,9433,08114,66112,14619,5968,2291,95218,121
45 2.5m2.2m2.5m2.3m3.0m1.9m3.0m3.6m4.4m5.4m3.8m3.5m4.4m3.0m3.8m3.7m1.3m2.7m
450/3 255,151222,960129,86787,261101,000220,692101,0001.1m2.1m1.4m453,015240,455265,285210,237406,420203,671206,904294,568
454/9 2.3m2.0m2.4m2.2m2.9m1.7m2.9m2.5m2.3m3.9m3.4m3.3m4.2m2.7m3.4m3.5m1.1m2.4m
47/48 1,04480.0m2221.9m3229.8m1.4m2,0515,26851,4627.4m460,34251,6534.1m1,0005.0m
492/3 186,867214,494285,242338,164222,199337,1122.8m227,228156,0074.5m4.2m3.8m3.5m3.8m3.1m3.4m2.3m3.7m
Income statement
70/76A 18.1m21.9m26.5m26.6m26.6m30.0m28.4m28.1m28.6m193.9m------101.9m153.7m
70 ---------191.2m177.7m168.8m161.7m160.5m152.5m135.9m100.7m153.0m
74 18.1m21.9m26.5m26.6m26.6m30.0m28.4m28.1m28.6m2.6m2.4m2.8m2.7m2.2m2.0m2.0m--
76A 3,9101,2416,9729,1243,050-3,7609,24010,72911,434------29,70945,153
60/66A 17.4m19.2m18.2m17.6m17.3m14.6m15.7m15.1m15.0m176.6m------101.2m144.8m
60 ---------111.5m114.5m110.8m105.2m104.8m99.9m88.3m66.2m101.7m
600/8 ----------------61.2m105.3m
609 ---------2.6m-3.1m-2.7m-1.7m-1.1m-1.1m-5.2m4.9m-3.6m
61 4.9m7.1m6.3m6.9m6.2m4.9m5.4m5.6m6.0m47.6m37.5m36.9m34.4m36.1m33.5m31.0m23.1m31.9m
62 10.7m11.0m10.9m9.7m10.0m8.6m9.1m8.4m8.3m16.2m15.7m15.5m16.5m14.9m14.3m13.6m10.6m9.9m
630 1.1m921,836824,283842,568870,462956,947955,398884,001658,935758,831900,228938,0171.0m1.1m1.1m1.1m961,760778,285
631/4 ----------4371.6m583,349-153,662688,592187,755281,849302,203278,863
635/8 -----2,541-9,292-9,024-8,907-8,744-16,767--------
640/8 227,736230,130206,941139,067144,320139,813132,591114,74979,665648,596170,193262,227443,288166,453165,60065,560126,039147,489
66A 452,82953-321-7082,36548,322-911------3,33129,451
9901 728,4472.7m8.3m9.0m9.3m15.4m12.7m13.1m13.5m17.2m9.7m6.6m6.8m5.0m5.4m3.6m648,8939.0m
75/76B ----------------1.8m1.3m
75 54.2m133.1m23.4m71.2m32.2m45.3m60.6m61.1m5.6m3.4m3.5m1.9m3.7m1.7m2.2m2.1m1.8m1.3m
750 52.7m126.0m16.2m70.3m28.6m38.3m53.9m56.9m3.2m260,94120,269-1.6m-----
751 1.4m4.6m7.2m349,223162,287258,3411.4m782,801243,311---1,0291,5706,6934,77518,848187,669
752/9 118,6842.6m36,668604,6323.4m6.8m5.3m3.4m2.2m3.2m3.5m1.9m2.1m1.7m2.2m2.1m1.8m1.1m
76B -----4.9m------------
65/66B 891,6567.4m12.8m10.5m11.1m24.0m14.6m12.5m14.1m56.5m------2.4m2.5m
65 891,6567.4m12.8m10.5m11.1m24.0m14.6m12.5m11.5m14.0m4.7m3.7m3.1m3.0m3.1m2.6m2.4m2.5m
650 194,1547.3m10.9m10.3m10.4m10.2m10.1m10.2m10.4m10.1m337,122593,700577,093455,370226,207251,537265,095551,394
652/9 697,502130,2371.9m232,515684,95813.8m4.6m2.3m1.1m3.9m4.4m3.1m2.5m2.6m2.9m2.3m2.1m2.0m
66B -0------2.6m42.6m--------
9903 54.1m128.4m18.9m69.7m30.5m41.7m58.7m61.7m5.1m-35.9m8.5m4.8m7.5m3.7m4.5m3.3m102,2397.8m
780 -2,0168,5628,5628,5628,5628,5628,5638,5628,5628,5628,5638,5628,5628,5628,562--
67/77 404,396694,421787,617-50,639214,370-1.5m1.6m2.0m2.6m3.1m1.9m2.2m1.6m1.7m1.2m33,6712.5m
670/3 460,000740,000787,617-214,370-1.5m1.6m2.0m2.7m3.2m1.9m2.3m1.6m1.7m1.2m33,6712.6m
77 55,60445,579-50,639-----59,50257,93454,776126,495----133,355
9904 53.7m127.7m18.2m69.8m30.3m41.7m57.2m60.0m3.1m-38.5m5.4m3.0m5.3m2.1m2.8m2.1m77,1305.3m
9905 53.7m127.7m18.2m69.8m30.3m41.7m57.2m60.0m3.1m-38.5m5.4m3.0m5.3m2.1m2.8m2.1m77,1305.3m
Appropriation of the result
9906 162.5m188.8m141.1m123.0m53.2m60.9m57.2m32.8m-27.3m-30.3m8.4m3.0m7.4m4.9m2.8m4.1m2.0m5.3m
14P 108.8m61.1m123.0m53.2m22.9m19.2m26,944-27.3m-30.3m8.1m3.0m47,8422.1m2.8m2,6172.0m--
691/2 -------3.0m--270,827------204,620
6920 -------3.0m--270,827------204,620
694/7 -80.0m80.0m--38.0m38.0m29.8m---------5.0m
694 -80.0m---38.0m38.0m29.8m----7.4m2.8m-4.1m-5.0m
695 --80.0m---------------
Social balance sheet
9087 87.198103.5107.3101.597.798.692.894.9127.3126.7128.9129.5130.5119.6114.2114.998.6
Agency workers1501 ----------------0.713.1
Hours worked1013 ----------------188,120164,495
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 16 older financial years (1991-2006) were filed as documents without figures as data, scans for example.

The notes to these accounts have 61 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 17-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 full format 17-06-2026 2026-00172808 PDF
31-12-2024 full format 26-06-2025 2025-00184040 PDF
31-12-2023 full format 27-06-2024 2024-00180601 PDF
31-12-2022 full format 06-06-2023 2023-00112765 PDF
31-12-2021 full format 04-07-2022 2022-20156138 PDF
31-12-2020 full format 21-06-2021 2021-22900522 PDF
31-12-2019 full format 06-07-2020 2020-26400475 PDF
31-12-2018 full format 18-06-2019 2019-19300516 PDF
31-12-2017 full format 26-06-2018 2018-22800347 PDF
31-12-2016 full format 26-06-2017 2017-23100293 PDF
31-12-2015 full format 07-06-2016 2016-16600391 PDF
31-12-2014 full format 22-06-2015 2015-20900159 PDF
31-12-2013 full format 03-06-2014 2014-15600314 PDF
31-12-2012 full format 20-06-2013 2013-20100070 PDF
31-12-2011 full format 21-06-2012 2012-20700408 PDF
31-12-2010 full format 27-06-2011 2011-21500178 PDF
31-12-2009 full format 14-06-2010 2010-17500285 PDF
31-12-2008 full format 12-06-2009 2009-24000148 PDF
31-12-2007 full format 23-06-2008 2008-27200022 PDF
31-12-2006 full format 09-07-2007 2007-35700356 PDF
31-12-2005 full format 15-05-2006 2006-14800360 PDF
31-12-2004 full format 13-05-2005 2005-15001669 PDF
31-12-2003 full format 14-05-2004 2004-15203703 PDF
31-12-2002 full format 09-05-2003 2003-13603201 PDF
31-12-2001 consolidated 02-07-2002 2002-31700195 PDF
31-12-2001 full format 27-06-2002 2002-29100757 PDF
31-12-2000 consolidated 19-10-2001 2001-65200240 PDF
31-12-2000 full format 12-06-2001 2001-20802602 PDF
31-12-1999 consolidated 19-10-2001 2001-65200239 PDF
31-12-1999 full format 23-06-2000 2000-27403541 PDF
31-12-1998 full format 08-06-1999 1999-15600001 PDF
30-11-1997 full format 15-05-1998 1998-09804065 PDF
30-11-1996 full format 28-07-1997 1997-34201428 PDF
30-11-1995 full format 21-05-1996 1996-08902033 PDF
30-11-1994 full format 11-10-1995 1995-53205345 PDF
30-11-1993 full format 10-06-1994 1994-13703779 PDF
30-11-1992 full format 28-04-1993 1993-06001414 PDF
30-11-1991 full format 24-06-1992 1992-14303952 PDF

Subsidies and aid

Flemish government 2022 to 2025, 5 entries, €16,682 awarded, €16,682 paid

Year Entries AwardedPaid
2025 1 €660€660
2024 1 €1,981€1,981
2023 2 €10,825€10,825
2022 1 €3,216€3,216

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020201920182017201620152014201320122011201020092007
457,9952.1m766,982538,01518.2m269,269400,4706.5m49.8m254.9m220,765131,580238,5718.1m797,1131.2m972,7871.2m
-18,338-26.5m11.6m2.7m-67.6m79.7m-7.2m-9.5m13.3m-677,9563.1m-38,749-682,236535,105-1.5m2.4m--
---------9.0%5.5%3.9%4.2%3.1%3.5%2.6%0.6%5.9%
94.2%63.1%36.2%47.4%35.1%32.8%32.3%26.4%19.1%17.9%48.4%26.2%23.4%28.1%33.8%29.2%40.6%27.5%
21.6%65.5%12.3%33.4%21.7%38.2%54.2%69.5%5.5%-72.7%15.2%16.7%35.9%12.4%16.1%14.2%0.5%35.5%
20.3%41.3%4.5%15.8%7.6%12.5%17.5%18.4%1.1%-13.0%7.4%4.4%8.4%3.5%5.4%4.2%0.2%9.8%

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€457,995€2.1m€766,982€538,015€714,139
Financial fixed assets----€17.5m
€1.1m€921,836€824,283€842,568€870,462

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Auditor

fees

The auditor is .

Item20252024202320222021
Fee for the audit€31,800€30,900€29,683€28,500€27,060

Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)

Insights on GRACO

The operating result for 2025 is 73% lower than in 2024 and the lowest since 2009. It is the fifth fall in a row.

Debt's share of the balance-sheet total falls from 36.9% to 5.8%. Equity is higher and debt is lower.

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