GRACRO
ActiveGRACRO has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18k and a net result of €-1k. Equity is growing by ~13.6% per year across the filed fiscal years. Its solvency ranks better than 29% of 13882 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
23
/ 100
Critical▲ +3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency5=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.37 against 0.43 in 2024), and 92.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
7.5%
Return on assets
-0.6%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-12-2025, 39 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
39 d early
2024
60 d early
2023
63 d early
2022
27 d early
2021
11 d early
2020
23 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close12-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€18k▼ 7.4%
2024 · €19k
2020: €10k
2021: €9k
2022: €16k
2023: €22k
2024: €19k
2020 → 2025
Total assets
€239k▼ 6.5%
2024 · €256k
2020: €207k
2021: €298k
2022: €284k
2023: €275k
2024: €256k
2020 → 2025
Net result
€-1k▲ 43.1%
2024 · €-3k
2020: €-35k
2021: €-2k
2022: €7k
2023: €6k
2024: €-3k
2020 → 2025
Working capital
€-45k▼ 11.0%
2024 · €-40k
2020: €-4k
2021: €-34k
2022: €-39k
2023: €-35k
2024: €-40k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€9k-€16k▲ 84.1%€22k▲ 38.7%€19k▼ 11.5%€18k▼ 7.4%
Operating result€2k-€12k▲ 394%€11k▼ 10.9%€2k▼ 76.6%€7k▲ 177%
Net result€-2k-€7k€6k▼ 15.3%€-3k€-1k▲ 43.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 177% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €239k
Fixed assets
€213k▼ 5.8%
Current assets
€27k▼ 11.8%
Equity and liabilities €239k
Equity
€18k▼ 7.4%
Debt
€221k▼ 6.4%
The debt ratio rises from 92.4% to 92.5%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€20k▲
2024 · €15k
Cash flow
€12k▲
2024 · €10k
Solvency
7.5%▼
2024 · 7.6%
Current ratio
0.37▼
2024 · 0.43
Quick ratio
0.37▼
2024 · 0.43
Debt / equity
12.33▲
2024 · 12.20
ROE
-8.0%▲
2024 · -13.0%
ROA
-0.6%▲
2024 · -1.0%
Interest coverage
2.40▼
2024 · 3.10
Debt
€221k▼
2024 · €236k
Debt ≤ 1 year
€71k▲
2024 · €71k
Debt > 1 year
€149k▼
2024 · €165k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€256k€239k▼
Fixed assets21/28€226k€213k▼
Tangible fixed assets22/27€226k€213k▼
Land and buildings22€226k€213k▼
Current assets29/58€30k€27k▼
Amounts receivable within one year40/41€2k€2k▲
Trade receivables40€2k€2k▲
Other amounts receivable41€400€400=
Cash at bank and in hand54/58€28k€24k▼
Deferred charges and accrued income490/1€180€190▲
Equity and liabilities
Total equity and liabilities10/49€256k€239k▼
Equity10/15€19k€18k▼
Contributions10/11€45k€45k=
Profit (loss) carried forward14€-26k€-27k▼
Amounts payable17/49€236k€221k▼
Amounts payable after more than one year17€165k€149k▼
Financial debts170/4€165k€149k▼
Amounts payable within one year42/48€71k€71k▲
Current portion of amounts payable after more than one year42€16k€16k=
Trade debts44€7k€7k=
Suppliers440/4€7k€7k=
Taxes, remuneration and social security45€2k€2k▲
Taxes450/3€2k€2k▲
Other amounts payable47/48€46k€47k▲
Accrued charges and deferred income492/3€575€575=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k=
Other operating charges640/8€2k€2k▲
Gross operating margin9900€17k€22k▲
Operating profit (loss)9901€2k€7k▲
Financial charges65/66B€5k€8k▲
Recurring financial charges65€5k€8k▲
Profit (loss) for the period before taxes9903€-3k€-1k▲
Profit (loss) for the period9904€-3k€-1k▲
Profit (loss) for the period to be appropriated9905€-3k€-1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-26k€-27k▼
Profit (loss) brought forward from the previous period14P€-23k€-26k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
23-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
02-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
29-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
04-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €7k
Net result €7k after 2 loss-making years.
20-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
08-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Ieper · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Sint-Jacobsstraat 18900 IeperGround area
360 m²
Building footprint
617 m²
Volume, LiDAR
5,220 m³
Parcel 33011H0416/00D000, Flanders · tallest building 16.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
GRACRO
since 20192.290.888.392
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33011H0416/00D000 | Flanders | 360 m² | 1 · 616 m² | 16.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
FIORANO
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VASTGOED MISSIAEN
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Bleisure
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Ieper · Eq €18k
FLOW REAL PROPERTY
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Grimbergen · Eq €18k
Of 11,700 companies in sector 68310 we hold annual accounts for 6,875. 3,771 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-07-2019
Fiscal year end30-06
Trade name NL
Immohulp
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
64200Holdings
64210Activities of holding companies
82300Organisation of conventions and trade shows
93199Other sports activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.