GRACOPA (0479.314.810): financials and annual accounts

GRACOPA

Brussels ·KBO/BCE: BE 0479.314.810

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
Total assets`20/58`	4.0m	4.9m	3.8m	3.1m	3.1m	2.6m	2.9m	2.5m	3.1m	2.5m	2.5m	2.7m	3.6m	3.0m	2.8m	2.1m	2.6m	930,382	2.5m	51,303
Fixed assets`21/28`	2,952	4,032	807	2,160	3,513	385	770	-	-	-	-	-	-	-	-	-	-	-	-	-
Tangible fixed assets`22/27`	2,952	4,032	807	2,160	3,513	385	770	-	-	-	-	-	-	-	-	-	-	-	-	-
Plant, machinery and equipment`23`	2,952	4,032	807	2,160	3,513	385	770	-	-	-	-	-	-	-	-	-	-	-	-	-
Current assets`29/58`	4.0m	4.9m	3.8m	3.1m	3.1m	2.6m	2.9m	2.5m	3.1m	2.5m	2.5m	2.7m	3.6m	3.0m	2.8m	2.1m	2.6m	930,382	2.5m	51,303
Stocks and contracts in progress`3`	936,396	1.3m	892,048	900,371	651,558	289,283	308,206	296,210	187,607	271,025	265,424	455,641	663,175	428,166	445,809	312,397	795,674	195,489	365,744	2,847
Stocks`30/36`	936,396	1.3m	892,048	900,371	651,558	289,283	308,206	296,210	187,607	271,025	265,424	455,641	663,175	428,166	445,809	312,397	795,674	195,489	365,744	2,847
Amounts receivable within one year`40/41`	2.2m	2.5m	2.0m	1.7m	1.3m	2.1m	2.5m	2.1m	2.5m	1.8m	1.8m	2.0m	2.1m	2.1m	1.6m	1.5m	1.5m	575,995	1.9m	2,012
Trade receivables`40`	1.6m	2.2m	1.8m	1.2m	1.1m	2.1m	2.4m	2.0m	2.4m	1.8m	1.8m	1.9m	2.1m	2.0m	1.6m	1.4m	1.3m	563,090	1.8m	1,344
Other amounts receivable`41`	565,741	360,451	292,862	524,486	148,094	59,734	116,730	91,109	148,563	-	27,692	73,317	8,307	134,867	56,281	102,444	158,627	12,905	52,281	668
Cash at bank and in hand`54/58`	850,708	920,106	897,137	503,700	1.2m	166,704	87,301	147,613	335,205	493,764	369,137	218,937	783,647	448,857	757,764	195,140	297,201	158,898	216,110	46,444
Deferred charges and accrued income`490/1`	-	75,931	-	-	-	3,858	-	-	-	-	-	-	-	-	-	95,000	8,307	-	-	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	4.0m	4.9m	3.8m	3.1m	3.1m	2.6m	2.9m	2.5m	3.1m	2.5m	2.5m	2.7m	3.6m	3.0m	2.8m	2.1m	2.6m	930,382	2.5m	51,303
Equity`10/15`	284,117	185,439	161,314	157,388	147,106	122,652	45,190	484,495	464,479	370,323	259,595	-37,891	-15,882	39,244	10,737	-105,638	23,386	23,386	5,319	5,319
Contributions`10/11`	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550
Issued capital`100`	-	-	-	-	-	-	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550
Reserves`13`	265,567	166,889	142,764	138,838	128,556	104,102	26,640	465,945	445,929	351,773	241,045	4,836	4,836	33,343	4,836	4,836	4,836	4,836	1,855	1,855
Non-distributable reserves`130/1`	-	-	-	1,855	1,855	1,855	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	-	1,855	1,855	1,855	1,855	1,855	1,855	1,855	1,855	1,855	1,855	1,855	1,855	1,855	1,855
Reserves not available under the articles`1311`	-	-	-	1,855	1,855	1,855	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributable reserves`133`	265,567	166,889	142,764	136,983	126,701	102,247	24,785	464,090	444,074	349,918	239,190	2,981	2,981	31,488	2,981	2,981	2,981	2,981	-	-
Profit (loss) carried forward`14`	-	-	-	-	-	-	-	-	-	-	-	-61,277	-39,269	-12,649	-12,649	-129,024	-	-	-15,086	-15,086
Amounts payable`17/49`	3.7m	4.7m	3.7m	3.0m	3.0m	2.4m	2.9m	2.1m	2.6m	2.2m	2.2m	2.7m	3.6m	2.9m	2.8m	2.3m	2.6m	906,996	2.5m	45,984
Amounts payable within one year`42/48`	3.7m	4.7m	3.7m	3.0m	3.0m	2.4m	2.9m	2.0m	2.5m	2.2m	1.4m	1.6m	2.1m	1.6m	1.9m	2.1m	2.1m	627,908	2.5m	45,984
Financial debts`43`	398,933	400,000	400,000	250,000	250,000	75,000	250,000	-	-	-	-	-	-	-	-	-	-	-	-	-
Credit institutions`430/8`	398,933	400,000	400,000	250,000	250,000	75,000	250,000	-	-	-	-	-	-	-	-	-	-	-	-	-
Trade debts`44`	2.0m	2.1m	2.3m	1.8m	1.7m	1.5m	2.6m	1.7m	2.1m	1.6m	902,451	1.2m	1.7m	1.2m	1.5m	1.7m	1.7m	391,658	1.7m	10,808
Suppliers`440/4`	2.0m	2.1m	2.3m	1.8m	1.7m	1.5m	2.6m	1.7m	2.1m	1.6m	902,451	1.2m	1.7m	1.2m	1.5m	1.7m	1.7m	391,658	1.7m	10,808
Taxes, remuneration and social security`45`	934	4,116	360	210	-	1,820	45,563	-	104,968	204,882	144,475	-	11,097	-	-	-	-	-	27,119	-
Taxes`450/3`	934	4,116	360	210	-	1,820	45,563	-	104,968	204,882	144,475	-	11,097	-	-	-	-	-	-	-
Remuneration and social security`454/9`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	27,119	-
Other amounts payable`47/48`	1.3m	2.2m	989,083	952,989	1.0m	890,310	-	300,000	300,000	300,000	382,212	391,212	400,212	467,633	467,633	467,633	467,633	236,250	728,700	35,176
Accrued charges and deferred income`492/3`	3,704	1,971	839	491	-	-	252	31,744	98,524	-	777,973	1.1m	1.5m	1.3m	875,164	125,337	429,691	279,087	-	-
Income statement
Non-recurring operating income`76A`	-	-	-	-	-	-	-	-	-	-	-	-	-	439	-	-	-	-	-	-
Gross operating margin`9900`	425,255	2.3m	993,751	971,499	1.1m	997,511	87,510	35,004	149,011	171,009	447,739	1,257	26,405	54,430	186,171	-110,671	150,817	62,741	9,089	-4,798
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	1,080	1,348	1,353	1,353	931	385	385	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operating charges`640/8`	1,114	968	960	868	1,083	2,308	1,393	-	-	-	-	-	-	-	-	-	2,651	9,877	-	-
Operating profit (loss)`9901`	423,061	2.2m	991,438	969,278	1.1m	994,818	85,731	35,004	149,011	171,009	447,739	1,257	26,405	54,430	186,171	-110,671	148,167	52,863	9,089	-4,798
Financial income`75/76B`	849	284	189	69	117	855	979	-	-	91	367	1,342	864	1,923	3,626	11,627	474	1,976	40	80
Recurring financial income`75`	849	284	189	69	117	855	979	-	-	91	367	1,342	864	1,923	3,626	11,627	474	1,976	40	80
Financial charges`65/66B`	14,413	23,146	12,846	4,624	2,904	4,940	1,512	9,378	6,000	4,512	6,300	24,540	28,757	28,108	28,878	29,870	28,614	36,754	9,305	114
Recurring financial charges`65`	14,413	23,146	12,846	4,624	2,904	4,940	1,512	9,378	6,000	4,512	6,300	24,540	28,757	28,108	28,878	29,870	28,614	36,754	9,305	114
Profit (loss) for the period before taxes`9903`	409,497	2.2m	978,781	964,722	1.1m	990,733	85,198	25,626	143,011	166,588	441,806	-21,940	-1,487	28,685	160,919	-128,914	120,026	18,085	-175	-4,832
Income taxes`67/77`	60,819	17,911	14,854	14,440	14,862	23,270	48,503	5,609	48,855	55,859	144,320	68	25,132	178	44,544	111	2,393	18	-175	2
Profit (loss) for the period`9904`	348,678	2.2m	963,926	950,282	1.0m	967,462	36,695	20,017	94,156	110,728	297,485	-22,008	-26,620	28,507	116,375	-129,024	117,633	18,067	-0	-4,834
Profit (loss) for the period to be appropriated`9905`	348,678	2.2m	963,926	950,282	1.0m	967,462	36,695	20,017	94,156	110,728	297,485	-22,008	-26,620	28,507	116,375	-129,024	117,633	18,067	-0	-4,834
Appropriation of the result
Profit (loss) to be appropriated`9906`	348,678	2.2m	963,926	950,282	1.0m	967,462	36,695	20,017	94,156	110,728	236,209	-61,277	-39,269	15,858	-12,649	-129,024	117,633	2,981	-15,086	-15,086
Transfer from equity`791/2`	-	-	-	-	-	-	464,090	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	98,678	24,125	3,926	10,282	24,453	77,462	24,785	20,017	94,156	110,728	236,209	-	-	28,507	-	-	-	2,981	-	-
To other reserves`6921`	98,678	24,125	3,926	10,282	24,453	77,462	24,785	20,017	94,156	110,728	236,209	-	-	28,507	-	-	-	2,981	-	-
Profit to be distributed`694/7`	250,000	2.2m	960,000	940,000	1.0m	890,000	476,000	-	-	-	-	-	-	-	-	-	117,633	-	-	-
Return on contributions (dividend)`694`	-	-	-	-	-	-	476,000	-	-	-	-	-	-	-	-	-	117,633	-	-	-
Directors or managers`695`	250,000	2.2m	960,000	940,000	1.0m	890,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	29-07-2026	2026-00359720	PDF
31-12-2024	abbreviated format	22-07-2025	2025-00312960	PDF
31-12-2023	abbreviated format	13-07-2024	2024-00254157	PDF
31-12-2022	abbreviated format	28-07-2023	2023-00301980	PDF
31-12-2021	abbreviated format	28-07-2022	2022-20274950	PDF
31-12-2020	abbreviated format	28-07-2021	2021-41900386	PDF
31-12-2019	abbreviated format	31-08-2020	2020-49300517	PDF
31-12-2018	abbreviated format	10-07-2019	2019-31000240	PDF
31-12-2017	abbreviated format	21-08-2018	2018-47900597	PDF
31-12-2016	abbreviated format	07-12-2017	2017-71300459	PDF
31-12-2015	abbreviated format	15-11-2016	2016-67900094	PDF
31-12-2014	abbreviated format	29-09-2015	2015-62000563	PDF
31-12-2013	abbreviated format	03-10-2014	2014-63700296	PDF
31-12-2012	abbreviated format	30-09-2013	2013-60900043	PDF
31-12-2011	abbreviated format	28-11-2012	2012-65000280	PDF
31-12-2010	abbreviated format	04-11-2011	2011-59900422	PDF
31-12-2009	abbreviated format	02-12-2010	2010-62000581	PDF
31-12-2008	abbreviated format	28-08-2009	2009-66500193	PDF
31-12-2007	abbreviated format	28-08-2008	2008-66900181	PDF
31-12-2006	abbreviated format	28-08-2007	2007-62200327	PDF
31-12-2005	abbreviated format	28-08-2006	2006-69100370	PDF
31-12-2004	abbreviated format	25-07-2005	2005-55202459	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
EBITDA	424,140	2.3m	992,791	970,631	1.1m	995,203	86,116	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash flow	349,757	2.2m	965,279	951,635	1.0m	967,847	37,080	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment in fixed assets (approximation)	0	4,573	0	0	4,059	0	1,155	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in cash	-69,397	22,969	393,437	-685,780	1.0m	79,403	-60,312	-187,593	-158,558	124,626	150,201	-564,710	334,790	-308,907	562,624	-102,061	138,304	-57,212	169,666	-
Working capital	284,869	183,378	161,347	155,718	143,593	122,267	44,672	516,240	563,003	370,323	1.0m	1.1m	1.5m	1.3m	885,901	19,699	453,077	302,473	5,319	5,319
Solvency	7.2%	3.8%	4.2%	5.0%	4.7%	4.8%	1.5%	19.1%	15.2%	14.7%	10.5%	-1.4%	-0.4%	1.3%	0.4%	-4.9%	0.9%	2.5%	0.2%	10.4%
Current ratio	1.08	1.04	1.04	1.05	1.05	1.05	1.02	1.25	1.23	1.17	1.73	1.66	1.68	1.81	1.46	1.01	1.21	1.48	1.00	1.12
Quick ratio	0.82	0.75	0.80	0.75	0.83	0.93	0.91	1.11	1.15	1.05	1.54	1.37	1.37	1.55	1.23	0.86	0.84	1.17	0.85	1.05
Debt to equity	12.93	25.34	22.76	18.93	20.24	19.97	63.56	4.25	5.59	5.81	8.50	-	-	74.89	-	-	-	38.78	-	8.65
ROE	122.7%	-	597.5%	603.8%	704.6%	788.8%	81.2%	4.1%	20.3%	29.9%	114.6%	-	-	72.6%	-	-	503.0%	77.3%	0.0%	-90.9%
ROA	8.8%	45.2%	25.1%	30.3%	33.2%	37.6%	1.3%	0.8%	3.1%	4.4%	12.1%	-0.8%	-0.7%	1.0%	4.1%	-6.0%	4.6%	1.9%	0.0%	-9.4%
Interest coverage	29.43	97.26	77.28	over 100	over 100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Item	2025	2024	2023	2022	2021
Tangible fixed assets	-	€4,573	-	-	€4,059
Depreciation and write-downs of the year	€1,080	€1,348	€1,353	€1,353	€931

GRACOPA

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency7.2%

Current ratio1.08

Return on assets8.8%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on GRACOPA

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