GRAEG
Dissolution or liquidationSummary
The KBO register records for GRAEG the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2022 annual accounts show equity of €6k and a net result of €-15k.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 22-06-2023, 39 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
39 d early
2021
17 d early
2020
8 d early
2019
49 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€6k▼ 72.3%
2021 · €20k
Total assets
€196k▲ 0.3%
2021 · €196k
Net result
€-15k▲ 49.3%
2021 · €-29k
Working capital
€-2k▼ 24.5%
2021 · €-2k
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
Line20182019202020212022
Operating result€-17k-€-8k▲ 52.5%€-20k▼ 144%€-25k▼ 25.0%€-8k▲ 67.9%
Net result€-17k-€-10k▲ 41.0%€-23k▼ 122%€-29k▼ 27.8%€-15k▲ 49.3%
Equity€83k-€72k▼ 12.4%€50k▼ 31.5%€20k▼ 58.8%€6k▼ 72.3%
Total assets€84k-€131k▲ 56.1%€156k▲ 19.5%€196k▲ 25.4%€196k▲ 0.3%
Debt€1k-€58k▲ 5,375%€107k▲ 82.7%€175k▲ 64.5%€191k▲ 8.8%
Working capital€74k-€36k▼ 51.6%€11k▼ 68.5%€-2k€-2k▼ 24.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8k in 2022 against €25k in 2021; the loss shrinks.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €196k
Fixed assets
€145k ▲ 1.5%
Current assets
€52k ▼ 3.0%
Equity and liabilities €196k
Equity
€6k ▼ 72.3%
Debt
€191k ▲ 8.8%
Debt's share of the balance-sheet total rises from 89.6% to 97.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-7k▲
2021 · €-21k
Cash flow
€-14k▲
2021 · €-25k
Current ratio
0.95▼
2021 · 0.96
Quick ratio
0.40▼
2021 · 0.42
Debt to equity
33.72▲
2021 · 8.59
ROE
-261.0%▼
2021 · -142.7%
ROA
-7.5%▲
2021 · -14.9%
Interest coverage
-1.03▲
2021 · -5.32
Debt ≤ 1 year
€54k▼
2021 · €55k
Debt > 1 year
€130k▲
2021 · €120k
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 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €6k | €6k | €4k | €1k | ▼ 70.9% |
| Other operating charges640/8 | - | - | - | €7k | €1k | ▼ 85.2% |
| Gross operating margin9900 | €-12k | €-2k | €-10k | €-14k | €-6k | ▲ 58.2% |
| Operating profit (loss)9901 | €-17k | €-8k | €-20k | €-25k | €-8k | ▲ 67.9% |
| Financial charges65/66B | - | - | - | €4k | €7k | ▲ 68.0% |
| Recurring financial charges65 | €81 | €2k | €3k | €4k | €7k | ▲ 68.0% |
| Profit (loss) for the period before taxes9903 | €-17k | €-10k | €-23k | €-29k | €-15k | ▲ 49.3% |
| Profit (loss) for the period9904 | €-17k | €-10k | €-23k | €-29k | €-15k | ▲ 49.3% |
| Profit (loss) for the period to be appropriated9905 | €-17k | €-10k | €-23k | €-29k | €-15k | ▲ 49.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €84k | €131k | €156k | €196k | €196k | ▲ 0.3% |
| Fixed assets21/28 | €8k | €88k | €91k | €142k | €145k | ▲ 1.5% |
| Intangible fixed assets21 | €8k | €10k | €5k | €1k | - | - |
| Tangible fixed assets22/27 | - | €78k | €86k | €141k | €145k | ▲ 2.4% |
| Assets under construction and advance payments27 | - | - | - | €141k | €145k | ▲ 2.4% |
| Current assets29/58 | €76k | €43k | €65k | €53k | €52k | ▼ 3.0% |
| Stocks and contracts in progress3 | €60k | €30k | €41k | €30k | €30k | = |
| Stocks30/36 | - | - | - | €30k | €30k | = |
| Amounts receivable within one year40/41 | €2k | €1k | €6k | €17k | €18k | ▲ 6.1% |
| Other amounts receivable41 | - | - | - | €17k | €18k | ▲ 6.1% |
| Cash at bank and in hand54/58 | €13k | €11k | €19k | €4k | €1k | ▼ 68.5% |
| Deferred charges and accrued income490/1 | - | - | - | €2k | €2k | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €84k | €131k | €156k | €196k | €196k | ▲ 0.3% |
| Equity10/15 | €83k | €72k | €50k | €20k | €6k | ▼ 72.3% |
| Contributions10/11 | €100k | €100k | - | €100k | €100k | = |
| Outside capital11 | - | - | - | €100k | €100k | = |
| Other1109/19 | - | - | - | €100k | €100k | = |
| Profit (loss) carried forward14 | €-17k | €-28k | €-50k | €-80k | €-94k | ▼ 18.5% |
| Amounts payable17/49 | €1k | €58k | €107k | €175k | €191k | ▲ 8.8% |
| Amounts payable after more than one year17 | - | €50k | €50k | €120k | €130k | ▲ 8.3% |
| Financial debts170/4 | - | - | - | €120k | €130k | ▲ 8.3% |
| Amounts payable within one year42/48 | €1k | €7k | €54k | €55k | €54k | ▼ 2.0% |
| Trade debts44 | €1k | €6k | €2k | €4k | €2k | ▼ 30.3% |
| Suppliers440/4 | - | - | - | €4k | €2k | ▼ 30.3% |
| Advances received on contracts in progress46 | - | - | - | €52k | €52k | = |
| Other amounts payable47/48 | - | - | - | €60 | €60 | = |
| Accrued charges and deferred income492/3 | - | - | - | €21 | €6k | ▲ 31,427% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-17k | €-10k | €-23k | €-29k | €-15k | ▲ 49.3% |
| + Depreciation and write-downs630 | €5k | €6k | €6k | €4k | €1k | ▼ 70.9% |
| Operating cash flow (approximation) | €-13k | €-5k | €-17k | €-25k | €-14k | ▲ 45.9% |
| Investment in fixed assets (approximation) | - | €-86k | €-8k | €-56k | €-3k | ▲ 94.0% |
| Change in cash | - | €-2k | €8k | €-15k | €-3k | ▲ 82.6% |
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
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-29k
Net result drops to €-29k, the lowest in the series.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 14 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Gent
Ground area
262 m²
Building footprint
215 m²
Volume, LiDAR
1,745 m³
Parcel 44816K0955/00A006, Flanders · tallest building 14.2 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44816K0955/00A006 | Flanders | 262 m² | 1 · 215 m² | 14.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 16,734 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded20-12-2017
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.