Losses
-€2.2m in four years
Every financial year from 2022 to 2025 closed with a loss. 2025 was the heaviest.
GRAFITYP ENGINEERING EUROPE
Lifetime
20 annual accounts with figures on one time axis, 33 filings since 1993peak €1.7m (2022)
€1.1m▼ 13.3%
lowest -€1.7m (2025)
-€1.7m▼ €1.3m
peak €8.1m (2011)
€5.6m▼ 23.6%
€5.8m▲ 3.6%
peak 5.2 FTE (2006)
3 FTEunchanged
Board9 names since 2016
3 directorsStefan Mebus and 2 others
Owners
100%UPM RAFLATAC OY
Documentsfilings and deeds
28-09-202659 days late
2025financial year
Turnover from €1.3m to €1.1mLoss of €1.7mEquity from €7.4m to €5.6mCash from €313,544 to €140,903
Key points
from the 2025 annual accountsInvestments
€97,250 0.4 × depreciation
Green is investment, beige is depreciation.
Staff
3 FTE from 5.2 in 2006
Between 2006 and 2025, 42% of the full-time equivalents disappeared.
Payment terms
36 days to suppliers
GRAFITYP ENGINEERING EUROPE pays its suppliers 4 days earlier than in 2024. Customers pay 129 days later.
Filings
33 annual accounts since 1993
Two of the last ten came late. The 2025 accounts came latest: 59 days after the end of the period.
Position in the sector
-€1.7m
Lower net result than 94% of companies in rubber and plastics. Sector median €154,622 · 230 companies.
Checked score
64
Healthy
Financially stronger than 39% of micro companies in rubber and plastics (NACE 22)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 357 companies (NACE 22, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025lowest value
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025
08-2025: 0.5%▲ +0.2 percentage points vs 07-2025
09-2025: 0.6%▲ +0.1 percentage points vs 08-2025
10-2025: 0.3%▼ -0.3 percentage points vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.2%▼ -0.1 percentage points vs 01-2026
03-2026: 0.3%▲ +0.1 percentage points vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.2%▼ -0.1 percentage points vs 06-2026
08-2026: 0.4%▲ +0.2 percentage points vs 07-2026
09-2026: 0.5%▲ +0.1 percentage points vs 08-2026
10-2026: 1.3%▲ +0.8 percentage points vs 09-2026highest value
11-2026: 1.3%● unchanged vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
Loss of €1.7m, the second in a row (financial year 2025)
Last filed accounts filed 59 days late; 2 of the last 3 accounts late
Liquidity: current ratio 2.78, cash €140,903, halved
lowers risk
Size: turnover €1.1m, 3 FTE, total assets €11.5m
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 22, micro). It does better than 55% of them on solvency, 51% on liquidity, 30% on profitability and 21% on growth.
The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit verdict
Credit of up to €100,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.78 (2.24 in 2024), above the usual 1.5. Short-term debt is 3.7% and cash 1.2% of total assets. However, 50.9% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€1.7m
raises risk · 2025 accounts filed 59 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-09-2026, 59 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
59 days late
2024
41 days late
2023
12 days early
2022
14 days early
2021
5 days early
2020
15 days early
2019
15 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 6 days after the deadline. In the sector (NACE 22), the median for financial year 2024 was 14 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 July (4 of the last 5 accounts filed within 46 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- UPM RAFLATAC OY 100%annual accounts 2025
Shares in 2 companies, GRAFITYP SELFADHESIVE PRODUCTS and Grafityp UK
Board & ownershipRecent changes
Appointment: VAN HAVERMAET BEDRIJFSREVISOREN BV (statutory auditor)
Permanent representative: Philippe SCHRAEPEN · Gazette deed
Environmental permit granted
Bouwen of herbouwen, Gevel-, dak-, instandhoudings- en renovatiewerken binnen een gebouw, zonder volume- of oppervlaktewijziging, Het reliëf van de bodem aanmerkelijk wijzigen and 6 more · Provincie Limburg
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0449304493
2 directors appointed, 1 resignation
Resignation: Futurum Beheer BV · Permanent representative: Patrick Nijs · Appointments: Max Karlsson and Meeri Karlsson · Board meeting of 04-11-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GRAFITYP ENGINEERING EUROPE Houthalen-Helchteren | €1.1m | 7.6% | 49.1% | 3 |
| GECOM Genappe | €0.9m | 1.8% | 92.7% | 4 |
| ASPEL V.G. PLASTICS Beringen | €2.1m | 16.0% | 43.8% | 7.7 |
| ASPEL Beringen | €1.4m | -60.1% | 73.8% | 5.4 |
| SOVA ENGINEERING Tielt | €1.2m | 1.8% | 45.9% | 5.9 |
| DECLERCQ ISOLATIEBEDRIJF - ISODEC Dentergem | - | - | 16.9% | 5.9 |
| COVESS Hasselt | - | - | 53.8% | 2.4 |
Grey: the largest companies of the sector (rubber and plastics (NACE 22)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as GRAFITYP ENGINEERING EUROPE: manufacture of rubber and plastic products (NACE 22260). They are comparable in size and age: total assets between €1.3m and €14m, founded between 1953 and 2001.
Official details
Source: KBO- Status
- Active since 22-01-1993Normal situation
- Activity
- Manufacture of rubber and plastic productsNACE 22260
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.060.763.3173530 Houthalen-Helchteren, since 17-02-1993
- Financial year end
- 31 December
- Peppol
- Reachable since 26-06-2025
Insights on GRAFITYP ENGINEERING EUROPE
GRAFITYP ENGINEERING EUROPE has existed since 1993. Turnover grew from €698,083 in 2006 to €1.1m in 2025, while staff fell from 5.2 to 3 full-time equivalents.
Turnover has fallen every year since 2022. Solvency fell in 2025 from 56.7% to 49.1% because of the loss and higher long-term debts.
UPM RAFLATAC OY holds all the shares. In July 2024, four directors stepped down.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GRAFITYP ENGINEERING EUROPE
- What is the company number of GRAFITYP ENGINEERING EUROPE?
- The company number of GRAFITYP ENGINEERING EUROPE is 0449.304.493. The VAT number is the same number with BE in front: BE 0449.304.493.
- Where is GRAFITYP ENGINEERING EUROPE based?
- The registered office is at Centrum-Zuid 1545, 3530 Houthalen-Helchteren.Company details
- What does GRAFITYP ENGINEERING EUROPE do?
- According to the KBO register, the main activity is manufacture of rubber and plastic products (NACE 22260).
- What is the legal form of GRAFITYP ENGINEERING EUROPE?
- GRAFITYP ENGINEERING EUROPE is a public limited company (NV).
- When was GRAFITYP ENGINEERING EUROPE founded?
- GRAFITYP ENGINEERING EUROPE was founded on 22-01-1993.
- Is GRAFITYP ENGINEERING EUROPE still active?
- Yes, GRAFITYP ENGINEERING EUROPE is an active enterprise in the KBO register.
- How many employees does GRAFITYP ENGINEERING EUROPE have?
- GRAFITYP ENGINEERING EUROPE had an average of 3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does GRAFITYP ENGINEERING EUROPE fall under?
- In its 2025 annual accounts, GRAFITYP ENGINEERING EUROPE states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of GRAFITYP ENGINEERING EUROPE?
- The turnover of GRAFITYP ENGINEERING EUROPE was €1.1m in financial year 2025, according to the filed annual accounts.
- Is GRAFITYP ENGINEERING EUROPE profitable?
- In financial year 2025, GRAFITYP ENGINEERING EUROPE made a loss of €1.7m.
- Where can I find the annual accounts of GRAFITYP ENGINEERING EUROPE?
- GRAFITYP ENGINEERING EUROPE filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GRAFITYP ENGINEERING EUROPE due?
- GRAFITYP ENGINEERING EUROPE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.