GRAPHICOMP
ActiveGRAPHICOMP has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €125k and a net result of €134. Equity is shrinking by ~16.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 48% of 2004 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▲+5
Solvency70▲+15
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.25 against 1.06 in 2024; short-term debt: 50.9% and cash: 12% of total assets), and 55.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
44.9%
Return on assets
0%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
46 d early
2024
26 d early
2023
23 d early
2022
25 d early
2021
41 d early
2020
22 d early
2019
28 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€125k▲ 0.1%
2024 · €125k
2018: €7.58M
2019: €5.84M
2020: €5.85M
2021: €5.86M
2022: €6.00M
2023: €3.85M
2024: €125k
2018 → 2025
Total assets
€278k▼ 32.2%
2024 · €411k
2018: €7.76M
2019: €6.35M
2020: €6.37M
2021: €6.44M
2022: €6.51M
2023: €4.07M
2024: €411k
2018 → 2025
Net result
€134▼ 99.5%
2024 · €28k
2018: €17k
2019: €-1.74M
2020: €8k
2021: €4k
2022: €143k
2023: €-2.15M
2024: €28k
2018 → 2025
Working capital
€36k▲ 118%
2024 · €16k
2018: €1.50M
2019: €1.72M
2020: €1.98M
2021: €2.05M
2022: €4.06M
2023: €3.81M
2024: €16k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€5.86M-€6.00M▲ 2.4%€3.85M▼ 35.8%€125k▼ 96.8%€125k▲ 0.1%
Operating result€1k-€129k▲ 10,492%€5k▼ 96.2%€3k▼ 29.1%€3k▼ 11.7%
Net result€4k-€143k▲ 3,332%€-2.15M€28k€134▼ 99.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 12% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €278k
Fixed assets
€101k▼ 20.7%
Current assets
€177k▼ 37.4%
Equity and liabilities €278k
Equity
€125k▲ 0.1%
Debt
€153k▼ 46.3%
The debt ratio falls from 69.6% to 55.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€51k▼
2024 · €59k
Cash flow
€48k▼
2024 · €83k
Solvency
44.9%▲
2024 · 30.4%
Current ratio
1.25▲
2024 · 1.06
Quick ratio
1.25▲
2024 · 1.00
Debt / equity
1.23▼
2024 · 2.29
ROE
0.1%▼
2024 · 22.1%
ROA
0.0%▼
2024 · 6.7%
Interest coverage
7.88▲
2024 · 4.44
Debt
€153k▼
2024 · €286k
Debt ≤ 1 year
€142k▼
2024 · €267k
Income taxes
€214▲
2024 · €54
Staff costs
€65k▲
2024 · €26k
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€411k€278k▼
Fixed assets21/28€128k€101k▼
Intangible fixed assets21€80k€66k▼
Tangible fixed assets22/27€48k€35k▼
Furniture and vehicles24€48k€35k▼
Financial fixed assets28€0-
Current assets29/58€283k€177k▼
Stocks and contracts in progress3€16k€0▼
Stocks30/36€16k€0▼
Amounts receivable within one year40/41€210k€143k▼
Trade receivables40€56k€143k▲
Other amounts receivable41€154k€0▼
Cash at bank and in hand54/58€19k€33k▲
Deferred charges and accrued income490/1€38k€1k▼
Equity and liabilities
Total equity and liabilities10/49€411k€278k▼
Equity10/15€125k€125k▲
Contributions10/11€2.86M€2.86M=
Capital10€2.86M€2.86M=
Issued capital100€2.86M€2.86M=
Reserves13€797k€797k=
Non-distributable reserves130/1€286k€286k=
Legal reserve130€286k€286k=
Tax-exempt reserves132€33k€33k=
Distributable reserves133€478k€478k=
Profit (loss) carried forward14€-3.53M€-3.53M=
Amounts payable17/49€286k€153k▼
Amounts payable within one year42/48€267k€142k▼
Financial debts43€95k€90k▼
Credit institutions430/8€95k€90k▼
Trade debts44€29k€30k▲
Suppliers440/4€29k€30k▲
Taxes, remuneration and social security45€28k€22k▼
Taxes450/3€13k€8k▼
Remuneration and social security454/9€15k€14k▼
Other amounts payable47/48€115k€0▼
Accrued charges and deferred income492/3€19k€12k▼
Income statement
Code20242025
Remuneration, social security and pensions62€26k€65k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55k€47k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€2k€1k▼
Gross operating margin9900€86k€116k▲
Operating profit (loss)9901€3k€3k▼
Financial income75/76B€37k€4k▼
Recurring financial income75€37k€4k▼
Financial charges65/66B€13k€6k▼
Recurring financial charges65€13k€6k▼
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€28k€348▼
Income taxes67/77€54€214▲
Profit (loss) for the period9904€28k€134▼
Profit (loss) for the period to be appropriated9905€28k€134▼
Appropriation of the result
Profit (loss) to be appropriated9906€-3.53M€-3.53M=
Profit (loss) brought forward from the previous period14P€-3.56M€-3.53M▲
Social balance
Average headcount (FTE)90871.32.0▲
The notes to these accounts (9 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
15-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
05-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €28k
Net result €28k after one loss-making year.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-2.15M ▼1608%
Net result drops to €-2.15M, the lowest in the series; recovery starts the following year.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €143k ▲3332%
Net result €143k, the highest in the series.
31-12
Financial
Liquidity doublescurrent ratio 17.87
Current ratio from 7.54 to 17.87; short-term debt falls from €313k to €240k.
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
02-06
State Gazette act
General meeting · Capital increase
Share issue · Capital · Luc DEHAENE
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2020
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
30-10-2020
WYDOS: Resigned as Director
03-06-2020
DOSSCHE Michaël: Resigned as Director
Location & real-estate footprint
Registered office, Maldegem · 1 establishment unit since 1982
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.
Krommewege 31B9990 MaldegemGround area
5,138 m²
Building footprint
1,543 m²
Volume, LiDAR
7,449 m³
Parcel 43010C0316/00F000, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GRAPHICOMP
since 19822.020.573.940
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43010C0316/00F000 | Flanders | 5,138 m² | 1 · 1,543 m² | 7.4 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 3,000 EUR awarded · 3,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 3,000 EUR | 3,000 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 11,554 companies in sector 71121 we hold annual accounts for 6,562. 5,237 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded18-05-1982
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
71121Engineering and related technical consultancy, excluding land surveyors
72100
74203
Sources
Crossroads Bank for EnterprisesNational Bank · 43 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.