Graphene
ActiveGraphene has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €841k and a net result of €224k. Equity is growing by ~13.9% per year across the filed fiscal years. Its solvency ranks better than 49% of 8570 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
68
/ 100
Healthy▼ -20 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+39
Solvency63▼-19
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity short (current ratio 0.38 against 1.18 in 2024), and 48.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
51.9%
Return on assets
13.8%
Age of the figures
11 mo
neutral · A punctual record breaks
This company filed 7 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 12-05-2026, 12 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 9 filingsDeviation from the deadline
2025
12 d late
2024
1 d early
2023
15 d early
2022
2 d early
2021
2 d early
2020
1 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
11-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€841k▼ 24.7%
2024 · €1.12M
2018: €404k
2019: €518k
2020: €686k
2021: €810k
2022: €956k
2023: €981k
2024: €1.12M
2018 → 2025
Total assets
€1.62M▲ 3.4%
2024 · €1.57M
2018: €1.09M
2019: €1.10M
2020: €1.20M
2021: €1.20M
2022: €1.16M
2023: €1.20M
2024: €1.57M
2018 → 2025
Net result
€224k▲ 64.0%
2024 · €136k
2018: €117k
2019: €132k
2020: €168k
2021: €134k
2022: €146k
2023: €139k
2024: €136k
2018 → 2025
Working capital
€-346k
2024 · €16k
2018: €-58k
2019: €-61k
2020: €-25k
2021: €-29k
2022: €77k
2023: €98k
2024: €16k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€810k-€956k▲ 18.0%€981k▲ 2.7%€1.12M▲ 13.9%€841k▼ 24.7%
Operating result€198k-€194k▼ 2.2%€196k▲ 1.0%€190k▼ 2.8%€304k▲ 59.6%
Net result€134k-€146k▲ 8.9%€139k▼ 4.4%€136k▼ 2.2%€224k▲ 64.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 60% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.62M
Fixed assets
€1.40M▼ 4.1%
Current assets
€215k▲ 113%
Equity and liabilities €1.62M
Equity
€841k▼ 24.7%
Debt
€778k▲ 73.4%
The debt ratio rises from 28.6% to 48.1%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€341k▲
2024 · €217k
Cash flow
€261k▲
2024 · €163k
Solvency
51.9%▼
2024 · 71.4%
Current ratio
0.38▼
2024 · 1.18
Quick ratio
0.38▼
2024 · 1.18
Debt / equity
0.92▲
2024 · 0.40
ROE
26.6%▲
2024 · 12.2%
ROA
13.8%▲
2024 · 8.7%
Interest coverage
25.43▲
2024 · 22.37
Debt
€778k▲
2024 · €449k
Debt ≤ 1 year
€560k▲
2024 · €85k
Debt > 1 year
€218k▼
2024 · €363k
Income taxes
€68k▲
2024 · €44k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.57M€1.62M▲
Fixed assets21/28€1.47M€1.40M▼
Intangible fixed assets21€393k€373k▼
Tangible fixed assets22/27€90k€109k▲
Plant, machinery and equipment23€3k€37k▲
Furniture and vehicles24€87k€72k▼
Financial fixed assets28€982k€922k▼
Current assets29/58€101k€215k▲
Amounts receivable within one year40/41€48k€34k▼
Trade receivables40€40k€31k▼
Other amounts receivable41€8k€3k▼
Cash at bank and in hand54/58€52k€180k▲
Deferred charges and accrued income490/1€1k€714▼
Equity and liabilities
Total equity and liabilities10/49€1.57M€1.62M▲
Equity10/15€1.12M€841k▼
Contributions10/11€19k€19k=
Reserves13€502k€726k▲
Distributable reserves133€502k€726k▲
Profit (loss) carried forward14€597k€97k▼
Amounts payable17/49€449k€778k▲
Amounts payable after more than one year17€363k€218k▼
Financial debts170/4€363k€218k▼
Amounts payable within one year42/48€85k€560k▲
Current portion of amounts payable after more than one year42€39k€36k▼
Trade debts44€729€31k▲
Suppliers440/4€729€31k▲
Taxes, remuneration and social security45€9k€44k▲
Taxes450/3€6k€42k▲
Remuneration and social security454/9€3k€2k▼
Other amounts payable47/48€36k€449k▲
Income statement
Code20242025
Non-recurring operating income76A-€124k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€37k▲
Other operating charges640/8€1k€4k▲
Gross operating margin9900€218k€345k▲
Operating profit (loss)9901€190k€304k▲
Financial income75/76B€5€826▲
Recurring financial income75€5€826▲
Financial charges65/66B€10k€13k▲
Recurring financial charges65€10k€13k▲
Profit (loss) for the period before taxes9903€181k€291k▲
Income taxes67/77€44k€68k▲
Profit (loss) for the period9904€136k€224k▲
Profit (loss) for the period to be appropriated9905€136k€224k▲
Appropriation of the result
Profit (loss) to be appropriated9906€733k€820k▲
Profit (loss) brought forward from the previous period14P€597k€597k=
Transfer to equity691/2€136k€224k▲
To other reserves6921€136k€224k▲
Profit to be distributed694/7-€500k
Return on contributions (dividend)694-€500k
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 12 days late
2025
30-09
Financial
Highest result since 2018net €224k ▲64%
Operating result €304k, net result €224k, both a record.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Equity above €1MEq €1.12M ▲13.9%
7 profitable years in a row build equity to €1.12M.
15-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Liquidity doublescurrent ratio 2.07
Current ratio from 0.86 to 2.07; short-term debt falls from €204k to €71k.
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Equity above €500kEq €518k ▲28.3%
2 profitable years in a row build equity to €518k.
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2023
VASTIAU, Stijn Guy
CurrentDirector · since 29-11-2023
29-11-2023
Resigned as Director
29-11-2023
Appointed as Director
Location & real-estate footprint
Registered office, Beersel · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Lotsesteenweg 481653 BeerselGround area
548 m²
Building footprint
139 m²
Volume, LiDAR
624 m³
Parcel 23017C0350/00G000, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Lotsesteenweg 48, 1653 Beersel
since 20162.249.007.653
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23017C0350/00G000 | Flanders | 547 m² | 1 · 139 m² | 7.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,190 companies in sector 70200 we hold annual accounts for 52,402. 29,636 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-12-2015
Fiscal year end30-09
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.