GRANUTOOLS
ActiveSummary
GRANUTOOLS has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €838,969 and a net result of €331,138. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 35% of 171 sector peers (NACE 26, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Staff
- 9.4 FTE
- Equity
- €838,969
- Profit
- €331,138
- Largest shareholder
- LUMAY CONSEIL ET PARTICIPATION · 32%
Why 96lowers riskLiquidity: current ratio 1.93, cash €706,945Sector: Manufacture of computer, electronic and optical products (NACE 26)Figures for financial year 2025 (filed 27-05-2026)Profit of €331,138 (financial year 2025)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 26, micro): better than 40% on solvency, 61% on liquidity, 78% on profitability and 87% on growth.
The bankruptcy probability was computed on 20-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 11 days after the deadline; the sector median (NACE 26) for financial year 2024 is 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · full…
- Back to profitnet €331,138
- Annual accounts filedfinancial year 2024 · full…
Financials · financial year 2025, full format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result returns to profit in 2025: €376,398 after a loss of €134,921 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 26, Manufacture of computer, electronic and optical products: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
- 2022 Net result -83% on 2021. The accounts now follow the micro format, last year the full format.
Peer companies
Historical observationOf the 34,695 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.8% |
| 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 74.5% 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 34,695 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €0.5m | €0.6m | €0.8m | €1.0m | €0.9m | ▼ 13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.003m | €0.004m | €0.004m | €0.008m | €0.01m | €0.01m | €0.01m | €0.009m | ▼ 29.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | €0.05m | €0 | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €0 | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €0.03m | €0.03m | €0.03m | €0.04m | €0.08m | ▲ 88.0% |
| Gross operating margin9900 | €0.3m | €0.5m | €0.5m | €1.0m | €0.8m | €1.0m | €0.9m | €1.3m | ▲ 45.1% |
| Operating profit (loss)9901 | €0.1m | €0.2m | €0.08m | €0.4m | €0.09m | €0.04m | -€0.1m | €0.4m | - |
| Financial income75/76B | - | - | - | €0.007m | €0.007m | €0.01m | €0.01m | €0.003m | ▼ 74.0% |
| Recurring financial income75 | €152 | €0.006m | €0.002m | €0.007m | €0.007m | €0.01m | €0.01m | €0.003m | ▼ 74.0% |
| Financial charges65/66B | - | - | - | €0.01m | €0.02m | €0.03m | €0.03m | €0.04m | ▲ 20.8% |
| Recurring financial charges65 | €0.008m | €0.01m | €0.02m | €0.01m | €0.02m | €0.03m | €0.03m | €0.04m | ▲ 20.8% |
| Profit (loss) for the period before taxes9903 | €0.1m | €0.2m | €0.07m | €0.4m | €0.08m | €0.02m | -€0.2m | €0.3m | - |
| Income taxes67/77 | €0.02m | €0.04m | €0.01m | €0.08m | €0.02m | €0.02m | €0.001m | €0.01m | ▲ 808% |
| Profit (loss) for the period9904 | €0.08m | €0.2m | €0.06m | €0.3m | €0.06m | €0.008m | -€0.2m | €0.3m | - |
| Profit (loss) for the period to be appropriated9905 | €0.08m | €0.2m | €0.06m | €0.3m | €0.06m | €0.008m | -€0.2m | €0.3m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.6m | €1.0m | €1.3m | €1.3m | €1.7m | €1.5m | €1.4m | €2.2m | ▲ 60.3% |
| Fixed assets21/28 | €0.003m | €0.01m | €0.02m | €0.03m | €0.03m | €0.02m | €0.02m | €0.01m | ▼ 35.0% |
| Intangible fixed assets21 | €0.001m | €0.008m | €0.01m | €0.008m | €0.005m | €0.002m | €0.004m | €0.002m | ▼ 50.3% |
| Tangible fixed assets22/27 | €0.001m | €0.002m | €0.01m | €0.02m | €0.03m | €0.02m | €0.01m | €0.008m | ▼ 36.6% |
| Plant, machinery and equipment23 | - | - | - | €0.006m | €0.009m | €0.004m | €0.001m | €0.001m | ▼ 5.7% |
| Furniture and vehicles24 | - | - | - | €0.02m | €0.02m | €0.02m | €0.01m | €0.007m | ▼ 40.7% |
| Financial fixed assets28 | €0.001m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Current assets29/58 | €0.5m | €1.0m | €1.3m | €1.3m | €1.7m | €1.5m | €1.4m | €2.2m | ▲ 61.6% |
| Stocks and contracts in progress3 | €0.1m | €0.2m | €0.3m | €0.4m | €0.6m | €0.6m | €0.5m | €0.3m | ▼ 34.9% |
| Stocks30/36 | - | - | - | €0.4m | €0.6m | €0.6m | €0.5m | €0.3m | ▼ 34.9% |
| Amounts receivable within one year40/41 | €0.2m | €0.4m | €0.3m | €0.2m | €0.5m | €0.3m | €0.5m | €1.2m | ▲ 113% |
| Trade receivables40 | - | - | - | €0.2m | €0.5m | €0.3m | €0.5m | €1.1m | ▲ 118% |
| Other amounts receivable41 | - | - | - | €0.06m | €0.05m | €0.05m | €0.03m | €0.05m | ▲ 33.8% |
| Current investments50/53 | - | - | - | - | - | - | - | €8 | - |
| Cash at bank and in hand54/58 | €0.2m | €0.4m | €0.7m | €0.6m | €0.6m | €0.5m | €0.3m | €0.7m | ▲ 114% |
| Deferred charges and accrued income490/1 | - | - | - | €0.01m | €0.05m | €0.05m | €0.04m | €0.05m | ▲ 24.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.6m | €1.0m | €1.3m | €1.3m | €1.7m | €1.5m | €1.4m | €2.2m | ▲ 60.3% |
| Equity10/15 | €0.2m | €0.3m | €0.4m | €0.7m | €0.7m | €0.7m | €0.6m | €0.8m | ▲ 46.0% |
| Contributions10/11 | €0.08m | €0.08m | - | €0.08m | €0.08m | €0.08m | €0.08m | €0.08m | = |
| Reserves13 | €0.008m | €0.008m | €0.008m | €0.008m | €0.008m | €0.008m | €0.008m | €0.008m | = |
| Non-distributable reserves130/1 | - | - | - | €0.008m | €0.008m | €0.008m | €0.008m | €0.008m | = |
| Reserves not available under the articles1311 | - | - | - | €0.008m | €0.008m | €0.008m | €0.008m | €0.008m | = |
| Profit (loss) carried forward14 | €0.1m | €0.2m | €0.3m | €0.6m | €0.6m | €0.6m | €0.5m | €0.8m | ▲ 53.8% |
| Provisions and deferred taxes16 | €0.02m | €0.02m | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | = |
| Provisions for liabilities and charges160/5 | - | - | - | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | = |
| Other liabilities and charges164/5 | - | - | - | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | = |
| Amounts payable17/49 | €0.3m | €0.7m | €0.9m | €0.6m | €1.0m | €0.7m | €0.8m | €1.3m | ▲ 73.7% |
| Amounts payable after more than one year17 | - | €0.1m | €0.1m | €0.1m | €0.09m | €0.06m | €0.1m | €0.2m | ▲ 98.8% |
| Financial debts170/4 | - | - | - | €0.1m | €0.09m | €0.06m | €0.1m | €0.2m | ▲ 98.8% |
| Amounts payable within one year42/48 | €0.3m | €0.5m | €0.7m | €0.4m | €0.9m | €0.7m | €0.6m | €1.1m | ▲ 75.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Financial debts43 | - | - | - | €0.002m | €0.3m | €0.3m | €0.3m | €0.3m | ▼ 15.5% |
| Credit institutions430/8 | - | - | - | €0.002m | €0.3m | €0.3m | €0.3m | €0.3m | ▼ 15.5% |
| Trade debts44 | €0.2m | €0.3m | €0.2m | €0.1m | €0.3m | €0.1m | €0.1m | €0.6m | ▲ 328% |
| Suppliers440/4 | - | - | - | €0.1m | €0.3m | €0.1m | €0.1m | €0.6m | ▲ 328% |
| Advances received on contracts in progress46 | - | - | - | €0.02m | €0 | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.1m | €0.2m | €0.1m | €0.1m | €0.1m | ▲ 0.7% |
| Taxes450/3 | - | - | - | €0.06m | €0.05m | €0.005m | €0.001m | €0.01m | ▲ 908% |
| Remuneration and social security454/9 | - | - | - | €0.08m | €0.1m | €0.1m | €0.1m | €0.09m | ▼ 9.6% |
| Other amounts payable47/48 | - | - | - | €0.1m | €0.1m | €0.09m | €0.06m | €0.1m | ▲ 88.6% |
| Accrued charges and deferred income492/3 | - | - | - | €0.06m | €0.03m | €0.02m | €0.02m | €0 | ▼ 100% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €79,521 | €197,830 | €59,292 | €333,586 | €55,298 | €8,066 | -€156,168 | €331,138 | - |
| + Depreciation and write-downs630 | €3,126 | €3,867 | €4,442 | €8,098 | €11,813 | €14,532 | €12,388 | €8,678 | ▼ 29.9% |
| Operating cash flow (approximation) | €82,647 | €201,697 | €63,734 | €341,684 | €67,112 | €22,598 | -€143,781 | €339,815 | - |
| Investment in fixed assets (approximation) | - | -€12,613 | -€16,819 | -€15,108 | -€14,106 | -€4,740 | -€7,323 | -€2,097 | ▲ 71.4% |
| Change in cash | - | €139,349 | €346,382 | -€68,649 | -€74,327 | -€80,283 | -€147,701 | €375,894 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 26-05-2026 | 2026-00121221 |
| 31-12-2024 | full format | 26-08-2025 | 2025-00406623 |
| 31-12-2023 | full format | 17-07-2024 | 2024-00256367 |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00435801 |
| 31-12-2021 | full format | 13-10-2022 | 2022-20466385 |
| 31-12-2020 | full format | 11-06-2021 | 2021-19500087 |
| 31-12-2019 | micro format | 12-10-2020 | 2020-60900175 |
| 31-12-2018 | micro format | 31-08-2019 | 2019-62500428 |
| 31-12-2017 | full format | 27-06-2018 | 2018-26700229 |
| 31-12-2016 | full format | 25-09-2017 | 2017-62700281 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Owners
1 ownerSources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.
Group and network
Connections & network
The network starts from this company’s shareholders. What else they own or run appears here as nodes.
History
Acts, filings and financial milestones
14-03
Gazette deed
Permanent representative: FRANCQUI PhilippeResignation: SOCDEV (statutory manager) · Appointment: SOCDEV (statutory director) · Capital conversion8 facts ▸
- General meeting, 04-03-2024
- Other provision, “unanimité des voix, échange d’actions” (deed in French) (2 times)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Other provision, “unanimité des voix, suppression du compte de capitaux propres statutairement indisponible” (deed in French)
- Amendment of the articles
- Permanent representative, FRANCQUI Philippe
- Director resignation, SOCDEV (statutory manager)
- Director appointment, SOCDEV (statutory director)
Show earlier events
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 21 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 62053A0200/02K000 | Wallonia | 1.5 ha | 1 · 2.0 ha | 13.4 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Le développement,la fabrication et la vente de logiciels informatiques et d’instruments de mesure,et de leurs accessoires,ainsi que les…” (deed in French)
4 activities (deed in French)
- Le développement,la fabrication et la vente de logiciels informatiques et d’instruments de mesure,et de leurs accessoires,ainsi que les services y ayant trait
- Effectuer toutes opérations mobilières,immobilières,financières,industrielles ou commerciales,dans les limites de son objet,tant en Belgique qu’à l’étranger
- S’intéresser,par voie d’apport,de cession,de fusion,de souscription,de participation,d’intervention financière ou autrement,dans toutes sociétés,entreprises ou opérations ayant un objet similaire ou connexe,ou de nature à favoriser la réalisation de son objet
- Exercer tout mandat d’administrateur,gérant ou liquidateur
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- GRANUTOOLS
- Legal form clauseThe legal form, such as BV, NV or CV, which decides which company-law rules apply.
- One provision in the deed
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, simple décision de l’organe d’administration en tout autre endroit de Belgique sans changement de Région obligeant à…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 13 : Représentation de la société L’administrateur représente la société à l'égard des tiers et en justice, soit en deman-dant, soit…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Pour toute la durée de la société, pourvu par assemblée générale des actionnaires en cas de décès,démission ou révocation” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, 112” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Conditions notifiées et prix convenu,à défaut fixé par expert, toutes cessions entre vifs et transmissions pour cause de mort,même à un…” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “En tout temps par décision de l'assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Pouvoirs,émoluments et mode de liquidation conformément au Code, dissolution pour quelque cause et à quelque moment” (deed in French)