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GRAMME

Dissolution or liquidation
Public limited companyfounded 2017Rue Slar 130, 4801 Verviers, BelgiumKBO/BCE: BE 0684.810.694
Summary

The KBO register records for GRAMME the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show equity of €224k and a net result of €-403k.

GRAMMEDissolution or liquidation

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: dissolution or liquidation
The KBO register records the legal situation: dissolution or liquidation. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
not confirmed
2024
44 d early
2023
41 d early
2022
on the day
2021
79 d early
2020
5 d late
2019
67 d late
← before the deadline after the deadline →
Checked, nothing found (1)
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

Financials · fiscal year 2024, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-403k
2023 · €491k
2018: €12k 2019: €30k▲ +152% vs 2018 2020: €7k▼ -76.6% vs 2019 2021: €164k▲ +2215% vs 2020 2022: €112k▼ -31.5% vs 2021 2023: €491k▲ +337% vs 2022highest in 7 years 2024: €-403k▼ -182% vs 2023lowest in 7 years
2018 → 2024
Working capital
€181k▼ 70.6%
2023 · €616k
2018: €62k 2019: €50k▼ -18.9% vs 2018 2020: €60k▲ +20.1% vs 2019 2021: €-18k▼ -130% vs 2020lowest in 7 years 2022: €538k▲ +3094% vs 2021 2023: €616k▲ +14.5% vs 2022highest in 7 years 2024: €181k▼ -70.6% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€111k-€125k▲ 12.5%€137k▲ 9.8%€628k▲ 358%€224k▼ 64.3% 2020: €111klowest in 5 years 2021: €125k▲ +12.5% vs 2020 2022: €137k▲ +9.8% vs 2021 2023: €628k▲ +358% vs 2022highest in 5 years 2024: €224k▼ -64.3% vs 2023
Operating result€7k-€212k▲ 2,988%€155k▼ 26.7%€663k▲ 327%€-395k 2020: €7k 2021: €212k▲ +2988% vs 2020 2022: €155k▼ -26.7% vs 2021 2023: €663k▲ +327% vs 2022highest in 5 years 2024: €-395k▼ -160% vs 2023lowest in 5 years
Net result€7k-€164k▲ 2,215%€112k▼ 31.5%€491k▲ 337%€-403k 2020: €7k 2021: €164k▲ +2215% vs 2020 2022: €112k▼ -31.5% vs 2021 2023: €491k▲ +337% vs 2022highest in 5 years 2024: €-403k▼ -182% vs 2023lowest in 5 years
Result per fiscal year
Operating resultNet result
€-500k€0€500kOperating result 2020: €7k€7kNet result 2020: €7k€7kOperating result 2021: €212k€212kNet result 2021: €164k€164kOperating result 2022: €155k€155kNet result 2022: €112k€112kOperating result 2023: €663k€663kNet result 2023: €491k€491kOperating result 2024: €-395k€-395kNet result 2024: €-403k€-403k20202021202220232024€-500k€0€500kOperating result 2022: €155k€155kNet result 2022: €112k€112kOperating result 2023: €663k€663kNet result 2023: €491k€491kOperating result 2024: €-395k€-395kNet result 2024: €-403k€-403k202220232024
The operating result turns negative in 2024: a loss of €395k after €663k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €773k
Fixed assets €83k ▼ 35.0%
Current assets €690k ▼ 21.2%
Equity and liabilities €796k
Equity €224k ▼ 64.3%
Debt €571k ▲ 52.0%
Debt's share of the balance-sheet total rises from 37.5% to 71.8%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€-339k▼
2023 · €726k
Cash flow
€-348k▼
2023 · €553k
Current ratio
1.36▼
2023 · 3.37
Quick ratio
1.13▼
2023 · 2.67
Debt to equity
2.55▲
2023 · 0.60
ROE
-179.8%▼
2023 · 78.2%
ROA
-50.7%▼
2023 · 48.9%
Interest coverage
-42.26▼
2023 · 74.86
Debt ≤ 1 year
€509k▲
2023 · €260k
Income taxes
€364▼
2023 · €168k
Staff costs
€499k▲
2023 · €432k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 55 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.00M€796k▼
Formation expenses20-€23k
Fixed assets21/28€127k€83k▼
Intangible fixed assets21€2k€8k▲
Tangible fixed assets22/27€118k€67k▼
Plant, machinery and equipment23€71k€45k▼
Furniture and vehicles24€47k€23k▼
Financial fixed assets28€7k€7k▲
Current assets29/58€876k€690k▼
Stocks and contracts in progress3€181k€116k▼
Stocks30/36€181k€116k▼
Amounts receivable within one year40/41€70k€297k▲
Trade receivables40€62k€216k▲
Other amounts receivable41€8k€81k▲
Cash at bank and in hand54/58€625k€261k▼
Deferred charges and accrued income490/1-€16k
Equity and liabilities
Total equity and liabilities10/49€1.00M€796k▼
Equity10/15€628k€224k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€560k€157k▼
Amounts payable17/49€376k€571k▲
Amounts payable after more than one year17€12k-
Financial debts170/4€12k-
Amounts payable within one year42/48€260k€509k▲
Current portion of amounts payable after more than one year42€115k€12k▼
Financial debts43-€300k
Credit institutions430/8-€300k
Trade debts44€40k€117k▲
Suppliers440/4€40k€117k▲
Taxes, remuneration and social security45€106k€80k▼
Taxes450/3€27k€25k▼
Remuneration and social security454/9€79k€55k▼
Other amounts payable47/48-€579
Accrued charges and deferred income492/3€103k€62k▼
Income statement Code20232024
Remuneration, social security and pensions62€432k€499k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€62k€56k▼
Other operating charges640/8€16k€996▼
Gross operating margin9900€1.17M€161k▼
Operating profit (loss)9901€663k€-395k▼
Financial income75/76B€4k€27▼
Recurring financial income75€4k€27▼
Financial charges65/66B€10k€8k▼
Recurring financial charges65€10k€8k▼
Profit (loss) for the period before taxes9903€658k€-403k▼
Income taxes67/77€168k€364▼
Profit (loss) for the period9904€491k€-403k▼
Profit (loss) for the period to be appropriated9905€491k€-403k▼
Appropriation of the result
Profit (loss) to be appropriated9906€560k€157k▼
Profit (loss) brought forward from the previous period14P€69k€560k▲
Social balance
Average headcount (FTE)90876.57.1▲

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20202021202220232024Change
Remuneration, social security and pensions62-€308k€372k€432k€499k▲ 15.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€35k€58k€62k€56k▼ 11.0%
Other operating charges640/8-€273€2k€16k€996▼ 93.6%
Gross operating margin9900€171k€555k€588k€1.17M€161k▼ 86.3%
Operating profit (loss)9901€7k€212k€155k€663k€-395k▼ 160%
Financial income75/76B-€6k€3k€4k€27▼ 99.4%
Recurring financial income75€3k€6k€3k€4k€27▼ 99.4%
Financial charges65/66B-€5k€10k€10k€8k▼ 17.2%
Recurring financial charges65€2k€5k€10k€10k€8k▼ 17.2%
Profit (loss) for the period before taxes9903€8k€214k€148k€658k€-403k▼ 161%
Income taxes67/77€1k€50k€36k€168k€364▼ 99.8%
Profit (loss) for the period9904€7k€164k€112k€491k€-403k▼ 182%
Profit (loss) for the period to be appropriated9905€7k€164k€112k€491k€-403k▼ 182%
Line20202021202220232024Change
Assets
Total assets20/58€304k€689k€1.35M€1.00M€796k▼ 20.7%
Formation expenses20----€23k-
Fixed assets21/28€105k€183k€170k€127k€83k▼ 35.0%
Intangible fixed assets21€2k€1k€4k€2k€8k▲ 227%
Tangible fixed assets22/27€89k€169k€159k€118k€67k▼ 43.0%
Plant, machinery and equipment23-€77k€83k€71k€45k▼ 37.5%
Furniture and vehicles24-€92k€76k€47k€23k▼ 51.3%
Financial fixed assets28€14k€14k€7k€7k€7k▲ 12.8%
Current assets29/58€199k€506k€1.18M€876k€690k▼ 21.2%
Stocks and contracts in progress3€71k€229k€750k€181k€116k▼ 36.2%
Stocks30/36-€229k€750k€181k€116k▼ 36.2%
Amounts receivable within one year40/41€86k€125k€195k€70k€297k▲ 325%
Trade receivables40-€110k€160k€62k€216k▲ 248%
Other amounts receivable41-€15k€34k€8k€81k▲ 916%
Cash at bank and in hand54/58€25k€138k€218k€625k€261k▼ 58.3%
Deferred charges and accrued income490/1-€13k€17k-€16k-
Equity and liabilities
Total equity and liabilities10/49€304k€689k€1.35M€1.00M€796k▼ 20.7%
Equity10/15€111k€125k€137k€628k€224k▼ 64.3%
Contributions10/11€62k€62k€62k€62k€62k=
Capital10-€62k€62k€62k€62k=
Issued capital100-€62k€62k€62k€62k=
Reserves13€6k€6k€6k€6k€6k=
Non-distributable reserves130/1-€6k€6k€6k€6k=
Legal reserve130-€6k€6k€6k€6k=
Profit (loss) carried forward14€43k€57k€69k€560k€157k▼ 72.0%
Amounts payable17/49€193k€564k€1.21M€376k€571k▲ 52.0%
Amounts payable after more than one year17€54k€41k€26k€12k--
Financial debts170/4-€41k€26k€12k--
Amounts payable within one year42/48€139k€524k€642k€260k€509k▲ 95.7%
Current portion of amounts payable after more than one year42-€14k€44k€115k€12k▼ 89.4%
Financial debts43-€193k€280k-€300k-
Credit institutions430/8-€193k€280k-€300k-
Trade debts44€67k€61k€129k€40k€117k▲ 195%
Suppliers440/4-€61k€129k€40k€117k▲ 195%
Taxes, remuneration and social security45-€100k€89k€106k€80k▼ 24.7%
Taxes450/3-€61k€55k€27k€25k▼ 6.1%
Remuneration and social security454/9-€39k€34k€79k€55k▼ 31.0%
Other amounts payable47/48-€156k€100k-€579-
Accrued charges and deferred income492/3--€544k€103k€62k▼ 40.1%
Line20202021202220232024Change
Profit (loss) for the period9904€7k€164k€112k€491k€-403k▼ 182%
+ Depreciation and write-downs630€22k€35k€58k€62k€56k▼ 11.0%
Operating cash flow (approximation)€29k€199k€170k€553k€-348k▼ 163%
Investment in fixed assets (approximation)-€-113k€-45k€-20k€-11k▲ 44.5%
Change in cash-€113k€80k€407k€-364k▼ 189%

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

2025
17-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Weakest financial yearnet €-403k
Net result drops to €-403k, the lowest in the series.
20-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Highest result since 2018net €491k ▲337%
Operating result €663k, net result €491k, both a record.
31-12
Financial Equity above €500kEq €628k ▲358%
6 profitable years in a row build equity to €628k.
31-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
13-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
05-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 5 days late
2020
06-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 67 days late
2019
31-12
Financial Equity above €100kEq €104k ▲41.2%
2 profitable years in a row build equity to €104k.
07-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 7 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts

We know of 10 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
10 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, Verviers · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
4,082 m²
Building footprint
1,853 m²
Volume, LiDAR
10,875 m³
Parcel 63074B0259/00B000, Wallonia · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
GRAMME
Rue Slar 130, 4801 VerviersManufacture of electrical equipment
since 20172.270.870.067
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63074B0259/00B000 Wallonia 4,081 m² 1 · 1,853 m² 8.6 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.

Recognitions · licences · registrations

Recognised contractor

4 categories
GRAMME SA43944
category P1, class 2 · category P2, class 3 · category P3, class 1 · category S1, class 1
decision 12-11-2024

Similar companies · same sector, comparable size

Of 15,529 companies in sector 43990 we hold annual accounts for 7,420. 5,716 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded20-11-2017
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43990Other specialised construction activities
43240Other construction installation
70200Business and other management consultancy

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