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GRAFIKI

Active
Private limited companyfounded 20215 yrs activeRue de Mons 63-65, 1480 Tubize, BelgiumKBO/BCE: BE 0764.804.121
Summary

GRAFIKI has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3,036 and a net result of €250. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 27% of 970 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability42▲+42
Solvency46▼-9
Growth32=
Track record94
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.27 against 1.53 in 2024; short-term debt: 78.7% and cash: 1.6% of total assets), and 78.7% of the assets are financed with debt.
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Signals

Four 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 18
Relative position
BE, all sectors
reference
Printing and reproduction of recorded media (NACE 18)
about 11% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filings
Deviation from the deadline
2025
31 d late
2024
31 d late
2023
on the day
2022
31 d late
2021
2 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 18 days after the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 31 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

GRAFIKI was incorporated on 9 March 2021 as a Private limited company.1 Total assets fell from EUR 17,051 in 2021 to EUR 14,233 in 2025 and headcount from 0.5 full-time equivalents in 2021 to 0.3 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021, 2024 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€3,036▲ 9.0%
2024 · €2,786
Total assets
€14,233▲ 54.2%
2024 · €9,231
Net result
€250
2024 · -€3,743
Working capital
€3,036▼ 5.1%
2024 · €3,199
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 18, Printing and reproduction of recorded media, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€6,345--€8,254€6,779-€3,633€343
Net result€4,989within the sector's middle half--€8,472below the sector's middle half€6,762within the sector's middle half-€3,743below the sector's middle half€250within the sector's middle half
Equity€8,239below the sector's middle half--€233below the sector's middle half€6,529below the sector's middle half€2,786below the sector's middle half▼ 57.3%€3,036below the sector's middle half▲ 9.0%
Total assets€17,051below the sector's middle half-€7,433below the sector's middle half▼ 56.4%€19,120below the sector's middle half▲ 157%€9,231below the sector's middle half▼ 51.7%€14,233below the sector's middle half▲ 54.2%
Debt€8,811-€7,666▼ 13.0%€12,591▲ 64.2%€6,446▼ 48.8%€11,197▲ 73.7%
Working capital€8,239within the sector's middle half--€233within the sector's middle half€6,940within the sector's middle half€3,199within the sector's middle half▼ 53.9%€3,036within the sector's middle half▼ 5.1%
Solvency48.3%within the sector's middle half--3.1%below the sector's middle half▼ 51.5pp34.1%within the sector's middle half▲ 37.3pp30.2%within the sector's middle half▼ 4.0pp21.3%within the sector's middle half▼ 8.8pp
Current ratio1.94within the sector's middle half-0.97within the sector's middle half▼ 0.971.57within the sector's middle half▲ 0.601.53within the sector's middle half▼ 0.041.27within the sector's middle half▼ 0.26
Return on assets (ROA)29.3%above the sector's middle half--114.0%below the sector's middle half▼ 143.2pp35.4%above the sector's middle half▲ 149.3pp-40.5%below the sector's middle half▼ 75.9pp1.8%within the sector's middle half▲ 42.3pp
Staff (FTE)0.5-1▲ 100%1=0.3▼ 70.0%
above within below the middle half (P25 to P75) of NACE 18, Printing and reproduction of recorded media, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000-€5,000€0€5,000Operating result 2021: €6,345€6,345Net result 2021: €4,989€4,989Operating result 2022: -€8,254-€8,254Net result 2022: -€8,472-€8,472Operating result 2023: €6,779€6,779Net result 2023: €6,762€6,762Operating result 2024: -€3,633-€3,633Net result 2024: -€3,743-€3,743Operating result 2025: €343€343Net result 2025: €250€25020212022202320242025-€5,000€0€5,000Operating result 2023: €6,779€6,780Net result 2023: €6,762€6,760Operating result 2024: -€3,633-€3,630Net result 2024: -€3,743-€3,740Operating result 2025: €343€343Net result 2025: €250€250202320242025
The operating result returns to profit in 2025: €343 after a loss of €3,633 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €14,233
Equity €3,036 ▲ 9.0%
Debt €11,197 ▲ 73.7%
Debt's share of the balance-sheet total rises from 69.8% to 78.7%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Debt to equity
3.69▲
2024 · 2.31
ROE
8.2%▲
2024 · -134.4%
Debt ≤ 1 year
€11,197▲
2024 · €6,032
Income taxes
€1▲
2024 · €0
Staff costs
-€32▼
2024 · €10,354
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,275 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
2.5% went bankrupt
2.5% stopped otherwise
95% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,275 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 34 lines
Balance sheet Code20242025
Assets
Total assets20/58€9,231€14,233▲
Current assets29/58€9,231€14,233▲
Amounts receivable within one year40/41€8,852€13,998▲
Trade receivables40€6,523€10,889▲
Other amounts receivable41€2,329€3,109▲
Cash at bank and in hand54/58€37€235▲
Deferred charges and accrued income490/1€342-
Equity and liabilities
Total equity and liabilities10/49€9,231€14,233▲
Equity10/15€2,786€3,036▲
Contributions10/11€3,250€3,250=
Profit (loss) carried forward14-€464-€214▲
Amounts payable17/49€6,446€11,197▲
Amounts payable within one year42/48€6,032€11,197▲
Trade debts44€3,528€10,115▲
Suppliers440/4€3,528€10,115▲
Taxes, remuneration and social security45€1,423-
Taxes450/3€146-
Remuneration and social security454/9€1,277-
Other amounts payable47/48€1,082€1,082=
Accrued charges and deferred income492/3€413-
Income statement Code20242025
Remuneration, social security and pensions62€10,354-€32▼
Other operating charges640/8€537€302▼
Gross operating margin9900€7,258€612▼
Operating profit (loss)9901-€3,633€343▲
Financial income75/76B€0€4▲
Recurring financial income75€0€4▲
Financial charges65/66B€110€97▼
Recurring financial charges65€110€97▼
Profit (loss) for the period before taxes9903-€3,743€250▲
Income taxes67/77€0€1▲
Profit (loss) for the period9904-€3,743€250▲
Profit (loss) for the period to be appropriated9905-€3,743€250▲
Appropriation of the result
Profit (loss) to be appropriated9906-€464-€214▲
Profit (loss) brought forward from the previous period14P€3,279-€464▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€12,573€17,382€16,556€10,354-€32▼ 100%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3,079-----
Other operating charges640/8€50€695€498€537€302▼ 43.8%
Gross operating margin9900€22,046€9,823€23,832€7,258€612▼ 91.6%
Operating profit (loss)9901€6,345-€8,254€6,779-€3,633€343▲ 109%
Financial income75/76B€0€0€7€0€4▲ 6,567%
Recurring financial income75€0€0€7€0€4▲ 6,567%
Financial charges65/66B€108€218€24€110€97▼ 12.2%
Recurring financial charges65€108€218€24€110€97▼ 12.2%
Profit (loss) for the period before taxes9903€6,237-€8,472€6,762-€3,743€250▲ 107%
Income taxes67/77€1,247--€0€1▲ 3,050%
Profit (loss) for the period9904€4,989-€8,472€6,762-€3,743€250▲ 107%
Profit (loss) for the period to be appropriated9905€4,989-€8,472€6,762-€3,743€250▲ 107%
Line20212022202320242025Change
Assets
Total assets20/58€17,051€7,433€19,120€9,231€14,233▲ 54.2%
Current assets29/58€17,051€7,433€19,120€9,231€14,233▲ 54.2%
Amounts receivable within one year40/41€8,791€5,265€14,809€8,852€13,998▲ 58.1%
Trade receivables40€8,791€5,165€9,539€6,523€10,889▲ 66.9%
Other amounts receivable41-€100€5,270€2,329€3,109▲ 33.5%
Cash at bank and in hand54/58€8,260€2,169€4,311€37€235▲ 540%
Deferred charges and accrued income490/1---€342--
Equity and liabilities
Total equity and liabilities10/49€17,051€7,433€19,120€9,231€14,233▲ 54.2%
Equity10/15€8,239-€233€6,529€2,786€3,036▲ 9.0%
Contributions10/11€3,250€3,250€3,250€3,250€3,250=
Profit (loss) carried forward14€4,989-€3,483€3,279-€464-€214▲ 53.8%
Amounts payable17/49€8,811€7,666€12,591€6,446€11,197▲ 73.7%
Amounts payable within one year42/48€8,811€7,666€12,180€6,032€11,197▲ 85.6%
Financial debts43-€38----
Other loans439-€38----
Trade debts44€905€1,923€6,738€3,528€10,115▲ 187%
Suppliers440/4€905€1,923€6,738€3,528€10,115▲ 187%
Taxes, remuneration and social security45€7,895€5,653€5,381€1,423--
Taxes450/3€4,314€2,394€2,461€146--
Remuneration and social security454/9€3,581€3,260€2,921€1,277--
Other amounts payable47/48€11€52€60€1,082€1,082=
Accrued charges and deferred income492/3--€411€413--
Line20212022202320242025Change
Profit (loss) for the period9904€4,989-€8,472€6,762-€3,743€250▲ 107%
Operating cash flow (approximation)€4,989-€8,472€6,762-€3,743€250▲ 107%
Change in cash--€6,091€2,142-€4,274€198▲ 105%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial Back to profitnet €250
Net result €250 after one loss-making year.
31-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €6,762
Net result €6,762 after one loss-making year.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial Weakest financial yearnet -€8,472
Net result drops to -€8,472, the lowest in the series; recovery starts the following year.
29-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Tubize · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
1,384 m²
Building footprint
120 m²
Volume, LiDAR
2,323 m³
Parcel 25105A0045/00K000, Wallonia · tallest building 21.9 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
GRAFIKI
Rue de Mons 63-65, 1480 TubizeOther printing
since 20212.315.553.811
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25105A0045/00K000 Wallonia 1,384 m² 1 · 120 m² 21.9 m · 6 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.

Similar companies · same sector, comparable size

Of 1,598 companies in sector 18120 we hold annual accounts for 810. 134 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
Founded09-03-2021
Fiscal year end31-12
Activities, NACEBEL 2025
18120Other printing
47120Other non-specialised retail sale
58190Other publishing activities, excluding software publishing
63910Web portal activities
73110Advertising agencies
74120Graphic design and visual communication
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.