GRAMME
Dissolution or liquidationSignals
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 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.
NBB · 7 filingsDeviation 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 →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 15 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date How is the Other specialised construction activities sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€403,302
2023 · €490,694
Working capital
€180,914▼ 70.6%
2023 · €616,087
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€6,860▼ 82.2%€211,853▲ 2,988%€155,297▼ 26.7%€663,461▲ 327%-€394,933
Net result€7,081within the sector's middle half▼ 76.6%€163,887above the sector's middle half▲ 2,215%€112,229above the sector's middle half▼ 31.5%€490,694above the sector's middle half▲ 337%-€403,302below the sector's middle half
Equity€110,858within the sector's middle half▲ 6.8%€124,745above the sector's middle half▲ 12.5%€136,974above the sector's middle half▲ 9.8%€627,668within the sector's middle half▲ 358%€224,366within the sector's middle half▼ 64.3%
Total assets€304,124above the sector's middle half▲ 51.5%€688,884above the sector's middle half▲ 127%€1.3mabove the sector's middle half▲ 95.9%€1.0mwithin the sector's middle half▼ 25.7%€795,601within the sector's middle half▼ 20.7%
Debt€193,266▲ 99.3%€564,138▲ 192%€1.2m▲ 115%€375,823▼ 69.0%€571,235▲ 52.0%
Working capital€59,939within the sector's middle half▲ 20.1%-€17,967below the sector's middle half€537,894above the sector's middle half€616,087above the sector's middle half▲ 14.5%€180,914within the sector's middle half▼ 70.6%
Solvency36.5%within the sector's middle half▼ 15.2pp18.1%below the sector's middle half▼ 18.3pp10.1%below the sector's middle half▼ 8.0pp62.5%above the sector's middle half▲ 52.4pp28.2%within the sector's middle half▼ 34.3pp
Current ratio1.43within the sector's middle half▼ 0.090.97below the sector's middle half▼ 0.471.84within the sector's middle half▲ 0.873.37above the sector's middle half▲ 1.531.36within the sector's middle half▼ 2.01
Return on assets (ROA)2.3%within the sector's middle half▼ 12.8pp23.8%above the sector's middle half▲ 21.5pp8.3%within the sector's middle half▼ 15.5pp48.9%above the sector's middle half▲ 40.6pp-50.7%below the sector's middle half▼ 99.6pp
Staff (FTE)3.5above the sector's middle half6.3▲ 80.0%6.7▲ 6.3%6.5within the sector's middle half▼ 3.0%7.1within the sector's middle half▲ 9.2%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2023 Net result +337% on 2022. The accounts now follow the full schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €394,933 after €663,461 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €772,840
Fixed assets
€82,606 ▼ 35.0%
Current assets
€690,234 ▼ 21.2%
Equity and liabilities €795,601
Equity
€224,366 ▼ 64.3%
Debt
€571,235 ▲ 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
EBITDA
-€339,422▼
2023 · €725,863
Cash flow
-€347,791▼
2023 · €553,096
Quick ratio
1.13▼
2023 · 2.67
Debt to equity
2.55▲
2023 · 0.60
ROE
-179.8%▼
2023 · 78.2%
Interest coverage
-42.26▼
2023 · 74.86
Debt ≤ 1 year
€509,320▲
2023 · €260,256
Income taxes
€364▼
2023 · €167,503
Staff costs
€499,426▲
2023 · €431,993
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €307,827 | €372,140 | €431,993 | €499,426 | ▲ 15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21,743 | €35,084 | €58,257 | €62,402 | €55,511 | ▼ 11.0% |
| Other operating charges640/8 | - | €273 | €1,931 | €15,581 | €996 | ▼ 93.6% |
| Gross operating margin9900 | €170,846 | €555,037 | €587,625 | €1.2m | €161,000 | ▼ 86.3% |
| Operating profit (loss)9901 | €6,860 | €211,853 | €155,297 | €663,461 | -€394,933 | ▼ 160% |
| Financial income75/76B | - | €6,288 | €3,129 | €4,433 | €27 | ▼ 99.4% |
| Recurring financial income75 | €3,044 | €6,288 | €3,129 | €4,433 | €27 | ▼ 99.4% |
| Financial charges65/66B | - | €4,512 | €10,201 | €9,697 | €8,032 | ▼ 17.2% |
| Recurring financial charges65 | €1,696 | €4,512 | €10,201 | €9,697 | €8,032 | ▼ 17.2% |
| Profit (loss) for the period before taxes9903 | €8,208 | €213,630 | €148,225 | €658,197 | -€402,938 | ▼ 161% |
| Income taxes67/77 | €1,127 | €49,742 | €35,997 | €167,503 | €364 | ▼ 99.8% |
| Profit (loss) for the period9904 | €7,081 | €163,887 | €112,229 | €490,694 | -€403,302 | ▼ 182% |
| Profit (loss) for the period to be appropriated9905 | €7,081 | €163,887 | €112,229 | €490,694 | -€403,302 | ▼ 182% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €304,124 | €688,884 | €1.3m | €1.0m | €795,601 | ▼ 20.7% |
| Formation expenses20 | - | - | - | - | €22,761 | - |
| Fixed assets21/28 | €105,228 | €183,233 | €169,801 | €127,149 | €82,606 | ▼ 35.0% |
| Intangible fixed assets21 | €2,308 | €1,049 | €4,395 | €2,395 | €7,830 | ▲ 227% |
| Tangible fixed assets22/27 | €89,267 | €168,531 | €158,854 | €118,202 | €67,382 | ▼ 43.0% |
| Plant, machinery and equipment23 | - | €76,741 | €82,656 | €71,426 | €44,620 | ▼ 37.5% |
| Furniture and vehicles24 | - | €91,789 | €76,198 | €46,775 | €22,762 | ▼ 51.3% |
| Financial fixed assets28 | €13,653 | €13,653 | €6,553 | €6,553 | €7,394 | ▲ 12.8% |
| Current assets29/58 | €198,896 | €505,651 | €1.2m | €876,342 | €690,234 | ▼ 21.2% |
| Stocks and contracts in progress3 | €71,000 | €228,957 | €750,026 | €181,178 | €115,580 | ▼ 36.2% |
| Stocks30/36 | - | €228,957 | €750,026 | €181,178 | €115,580 | ▼ 36.2% |
| Amounts receivable within one year40/41 | €86,086 | €125,009 | €194,653 | €69,996 | €297,230 | ▲ 325% |
| Trade receivables40 | - | €109,876 | €160,453 | €62,004 | €216,026 | ▲ 248% |
| Other amounts receivable41 | - | €15,132 | €34,201 | €7,992 | €81,204 | ▲ 916% |
| Cash at bank and in hand54/58 | €25,268 | €138,276 | €217,809 | €625,169 | €260,974 | ▼ 58.3% |
| Deferred charges and accrued income490/1 | - | €13,409 | €17,464 | - | €16,450 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €304,124 | €688,884 | €1.3m | €1.0m | €795,601 | ▼ 20.7% |
| Equity10/15 | €110,858 | €124,745 | €136,974 | €627,668 | €224,366 | ▼ 64.3% |
| Contributions10/11 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | - | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Issued capital100 | - | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Reserves13 | €6,150 | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Non-distributable reserves130/1 | - | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Legal reserve130 | - | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Profit (loss) carried forward14 | €43,208 | €57,095 | €69,324 | €560,018 | €156,716 | ▼ 72.0% |
| Amounts payable17/49 | €193,266 | €564,138 | €1.2m | €375,823 | €571,235 | ▲ 52.0% |
| Amounts payable after more than one year17 | €54,309 | €40,520 | €26,467 | €12,144 | - | - |
| Financial debts170/4 | - | €40,520 | €26,467 | €12,144 | - | - |
| Amounts payable within one year42/48 | €138,957 | €523,618 | €642,058 | €260,256 | €509,320 | ▲ 95.7% |
| Current portion of amounts payable after more than one year42 | - | €13,789 | €44,198 | €114,721 | €12,144 | ▼ 89.4% |
| Financial debts43 | - | €192,724 | €280,000 | - | €300,000 | - |
| Credit institutions430/8 | - | €192,724 | €280,000 | - | €300,000 | - |
| Trade debts44 | €67,477 | €61,397 | €129,207 | €39,546 | €116,824 | ▲ 195% |
| Suppliers440/4 | - | €61,397 | €129,207 | €39,546 | €116,824 | ▲ 195% |
| Taxes, remuneration and social security45 | - | €99,805 | €88,653 | €105,989 | €79,773 | ▼ 24.7% |
| Taxes450/3 | - | €60,978 | €55,116 | €26,763 | €25,120 | ▼ 6.1% |
| Remuneration and social security454/9 | - | €38,826 | €33,537 | €79,226 | €54,653 | ▼ 31.0% |
| Other amounts payable47/48 | - | €155,904 | €100,000 | - | €579 | - |
| Accrued charges and deferred income492/3 | - | - | €544,255 | €103,424 | €61,915 | ▼ 40.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,081 | €163,887 | €112,229 | €490,694 | -€403,302 | ▼ 182% |
| + Depreciation and write-downs630 | €21,743 | €35,084 | €58,257 | €62,402 | €55,511 | ▼ 11.0% |
| Operating cash flow (approximation) | €28,824 | €198,971 | €170,486 | €553,096 | -€347,791 | ▼ 163% |
| Investment in fixed assets (approximation) | - | -€113,089 | -€44,825 | -€19,750 | -€10,968 | ▲ 44.5% |
| Change in cash | - | €113,008 | €79,533 | €407,359 | -€364,195 | ▼ 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.
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 -€403,302
Net result drops to -€403,302, 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 €490,694 ▲337%
Operating result €663,461, net result €490,694, both a record.
31-12
Financial
Equity above €500,000Eq €627,668 ▲358%
6 profitable years in a row build equity to €627,668.
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 €100,000Eq €103,777 ▲41.2%
2 profitable years in a row build equity to €103,777.
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
No directors read yet: 0 of 10 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Verviers · 1 establishment unit since 2017
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
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.
Structure & network
Owners and holdings
1 ownerChain of control
- ECOVEST
- GRAMME
Highest known parent: ECOVEST. The sources do not say who stands above it.
Owners 1
- ECOVESTparentSourceaccounts ECOVEST 2024100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Recognised contractor
4 categoriesGRAMME SA43944
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Of 15,518 companies in this sector we hold annual accounts for 7,427. 5,730 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
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
E-invoicing
Reachable via Peppol
Peppol ID
0208:0684810694
Also
9925:BE0684810694
Registered
19-02-2026
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.