GRAPHISIGN
ActiveSummary
GRAPHISIGN has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €204k and a net result of €-72k. Equity is growing by ~22.4% per year across the filed fiscal years. Its solvency ranks better than 81% of 7058 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency100=
Growth35=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 5.78 against 6.88 in 2024; short-term debt: 16.4% and cash: 0.5% of total assets), and 16.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
83.6%
Return on assets
-29.4%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-72k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-08-2025, 154 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
154 d early
2024
318 d late
2023
684 d late
2022
1049 d late
2021
1414 d late
2020
1779 d late
2019
2158 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€82k▼ 50.4%
2023 · €165k
2019: €148k
2020: €150k▲ +1.6% vs 2019
2021: €150k▼ -0.3% vs 2020
2022: €143k▼ -4.7% vs 2021
2023: €165k▲ +15.5% vs 2022highest in 6 years
2024: €82k▼ -50.4% vs 2023lowest in 6 years
2019 → 2024
EBIT margin
-87.8%▼ 168.4pp
2023 · 80.6%
2019: 53.5%
2020: 65.1%▲ +21.8% vs 2019
2021: 85.8%▲ +31.8% vs 2020highest in 6 years
2022: 77.4%▼ -9.8% vs 2021
2023: 80.6%▲ +4.2% vs 2022
2024: -87.8%▼ -209% vs 2023lowest in 6 years
2019 → 2024
Net result
€-72k▲ 51.6%
2024 · €-148k
2019: €58k
2020: €75k▲ +28.8% vs 2019
2021: €104k▲ +39.7% vs 2020
2022: €92k▼ -11.7% vs 2021
2023: €117k▲ +26.4% vs 2022highest in 7 years
2024: €-148k▼ -227% vs 2023lowest in 7 years
2025: €-72k▲ +51.6% vs 2024
2019 → 2025
Working capital
€192k▼ 23.4%
2024 · €250k
2019: €17klowest in 7 years
2020: €90k▲ +418% vs 2019
2021: €190k▲ +110% vs 2020
2022: €289k▲ +52.1% vs 2021
2023: €387k▲ +33.8% vs 2022highest in 7 years
2024: €250k▼ -35.2% vs 2023
2025: €192k▼ -23.4% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€150k-€143k▼ 4.7%€165k▲ 15.5%€82k▼ 50.4%
2021: €150k
2022: €143k▼ -4.7% vs 2021
2023: €165k▲ +15.5% vs 2022highest in 4 years
2024: €82k▼ -50.4% vs 2023lowest in 4 years
Equity€214k-€307k▲ 43.0%€423k▲ 38.0%€275k▼ 35.0%€204k▼ 25.9%
2021: €214k
2022: €307k▲ +43.0% vs 2021
2023: €423k▲ +38.0% vs 2022highest in 5 years
2024: €275k▼ -35.0% vs 2023
2025: €204k▼ -25.9% vs 2024lowest in 5 years
Operating result€129k-€111k▼ 14.1%€133k▲ 20.3%€-72k€-71k▲ 1.0%
2021: €129k
2022: €111k▼ -14.1% vs 2021
2023: €133k▲ +20.3% vs 2022highest in 5 years
2024: €-72k▼ -154% vs 2023lowest in 5 years
2025: €-71k▲ +1.0% vs 2024
Net result€104k-€92k▼ 11.7%€117k▲ 26.4%€-148k€-72k▲ 51.6%
2021: €104k
2022: €92k▼ -11.7% vs 2021
2023: €117k▲ +26.4% vs 2022highest in 5 years
2024: €-148k▼ -227% vs 2023lowest in 5 years
2025: €-72k▲ +51.6% vs 2024
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €71k in 2025 against €72k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €244k
Fixed assets
€12k ▼ 51.4%
Current assets
€232k ▼ 20.8%
Equity and liabilities €244k
Equity
€204k ▼ 25.9%
Debt
€40k ▼ 5.8%
Debt's share of the balance-sheet total rises from 13.4% to 16.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-59k▼
2024 · €-57k
Cash flow
€-59k▲
2024 · €-133k
Current ratio
5.78▼
2024 · 6.88
Debt to equity
0.20▲
2024 · 0.15
ROE
-35.1%▲
2024 · -53.8%
ROA
-29.4%▲
2024 · -46.6%
Interest coverage
-128.12▼
2024 · -9.25
Debt ≤ 1 year
€40k▼
2024 · €43k
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 · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€318k€244k▼
Formation expenses20-€0
Fixed assets21/28€25k€12k▼
Tangible fixed assets22/27€25k€12k▼
Plant, machinery and equipment23€3k€871▼
Furniture and vehicles24€22k€11k▼
Current assets29/58€293k€232k▼
Amounts receivable within one year40/41€292k€231k▼
Trade receivables40€2k-
Other amounts receivable41€290k€231k▼
Cash at bank and in hand54/58€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€318k€244k▼
Equity10/15€275k€204k▼
Contributions10/11€19k€19k▲
Capital10€19k€19k▲
Issued capital100€19k€19k▲
Reserves13€2k€2k▲
Non-distributable reserves130/1€2k€2k▲
Legal reserve130€2k€2k▲
Profit (loss) carried forward14€255k€183k▼
Amounts payable17/49€43k€40k▼
Amounts payable within one year42/48€43k€40k▼
Trade debts44€43k€40k▼
Suppliers440/4€43k€40k▼
Taxes, remuneration and social security45€75€407▲
Taxes450/3€75€407▲
Income statement
Code20242025
Turnover70€82k-
Goods, raw materials, services and sundry goods60/61€137k€14k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€13k▼
Other operating charges640/8€2k€45k▲
Non-recurring operating charges66A€75-
Gross operating margin9900€-55k€-14k▲
Operating profit (loss)9901€-72k€-71k▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€6k€457▼
Recurring financial charges65€6k€457▼
Profit (loss) for the period before taxes9903€-78k€-72k▲
Income taxes67/77€70k-
Profit (loss) for the period9904€-148k€-72k▲
Profit (loss) for the period to be appropriated9905€-148k€-72k▲
Appropriation of the result
Profit (loss) to be appropriated9906€255k€183k▼
Profit (loss) brought forward from the previous period14P€403k€255k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €150k | €143k | €165k | €82k | - | - |
| Goods, raw materials, services and sundry goods60/61 | €13k | €22k | €12k | €137k | €14k | ▼ 89.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €9k | €14k | €15k | €13k | ▼ 14.7% |
| Other operating charges640/8 | €1k | €1k | €6k | €2k | €45k | ▲ 1,976% |
| Non-recurring operating charges66A | - | - | - | €75 | - | - |
| Gross operating margin9900 | €137k | €121k | €153k | €-55k | €-14k | ▲ 74.4% |
| Operating profit (loss)9901 | €129k | €111k | €133k | €-72k | €-71k | ▲ 1.0% |
| Financial income75/76B | - | - | - | - | €1 | - |
| Recurring financial income75 | - | - | - | - | €1 | - |
| Financial charges65/66B | €82 | €57 | €145 | €6k | €457 | ▼ 92.6% |
| Recurring financial charges65 | €23 | €57 | €145 | €6k | €457 | ▼ 92.6% |
| Non-recurring financial charges66B | €59 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €129k | €111k | €133k | €-78k | €-72k | ▲ 8.3% |
| Income taxes67/77 | €24k | €18k | €16k | €70k | - | - |
| Profit (loss) for the period9904 | €104k | €92k | €117k | €-148k | €-72k | ▲ 51.6% |
| Profit (loss) for the period to be appropriated9905 | €104k | €92k | €117k | €-148k | €-72k | ▲ 51.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €233k | €321k | €435k | €318k | €244k | ▼ 23.2% |
| Formation expenses20 | - | - | - | - | €0 | - |
| Fixed assets21/28 | €24k | €17k | €36k | €25k | €12k | ▼ 51.4% |
| Tangible fixed assets22/27 | €24k | €17k | €36k | €25k | €12k | ▼ 51.4% |
| Plant, machinery and equipment23 | €8k | €8k | €4k | €3k | €871 | ▼ 66.6% |
| Furniture and vehicles24 | €16k | €10k | €32k | €22k | €11k | ▼ 49.6% |
| Current assets29/58 | €209k | €303k | €399k | €293k | €232k | ▼ 20.8% |
| Stocks and contracts in progress3 | €2k | - | - | - | - | - |
| Stocks30/36 | €2k | - | - | - | - | - |
| Amounts receivable within one year40/41 | €186k | €302k | €398k | €292k | €231k | ▼ 20.9% |
| Trade receivables40 | €8k | €19k | €18k | €2k | - | - |
| Other amounts receivable41 | €177k | €283k | €380k | €290k | €231k | ▼ 20.4% |
| Cash at bank and in hand54/58 | €21k | €2k | €1k | €1k | €1k | ▲ 7.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €233k | €321k | €435k | €318k | €244k | ▼ 23.2% |
| Equity10/15 | €214k | €307k | €423k | €275k | €204k | ▼ 25.9% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | ▲ 1.9% |
| Capital10 | €19k | €19k | €19k | €19k | €19k | ▲ 1.9% |
| Issued capital100 | €19k | €19k | €19k | €19k | €19k | ▲ 1.9% |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | ▲ 1.9% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | ▲ 1.9% |
| Legal reserve130 | €2k | €2k | €2k | €2k | €2k | ▲ 1.9% |
| Profit (loss) carried forward14 | €194k | €286k | €403k | €255k | €183k | ▼ 28.1% |
| Amounts payable17/49 | €19k | €14k | €12k | €43k | €40k | ▼ 5.8% |
| Amounts payable within one year42/48 | €19k | €14k | €12k | €43k | €40k | ▼ 5.8% |
| Trade debts44 | €19k | €13k | €12k | €43k | €40k | ▼ 6.6% |
| Suppliers440/4 | €19k | €13k | €12k | €43k | €40k | ▼ 6.6% |
| Taxes, remuneration and social security45 | - | €2k | €391 | €75 | €407 | ▲ 442% |
| Taxes450/3 | - | €2k | €391 | €75 | €407 | ▲ 442% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €104k | €92k | €117k | €-148k | €-72k | ▲ 51.6% |
| + Depreciation and write-downs630 | €7k | €9k | €14k | €15k | €13k | ▼ 14.7% |
| Operating cash flow (approximation) | €111k | €101k | €130k | €-133k | €-59k | ▲ 55.7% |
| Investment in fixed assets (approximation) | - | €-2k | €-33k | €-3k | €0 | ▲ 100.0% |
| Change in cash | - | €-19k | €-524 | €-28 | €79 | ▲ 381% |
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
Next filing, fiscal year 2026, expected by
2026
18-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 2909 days late
2025
28-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 2158 days late
28-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 2523 days late
15-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 318 days late
15-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 684 days late
15-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 1049 days late
15-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 1414 days late
15-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 1779 days late
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
30-06
Financial
Weakest financial yearnet €-148k
Net result drops to €-148k, the lowest in the series; recovery starts the following year.
2023
30-06
Financial
Highest result since 2019net €117k ▲26.4%
Operating result €133k, net result €117k, both a record.
2021
30-06
Financial
Equity above €200kEq €214k ▲95.1%
3 profitable years in a row build equity to €214k.
Show earlier events
2020
30-06
Financial
Liquidity triplescurrent ratio 6.68
Current ratio from 2.34 to 6.68.
30-06
Financial
Equity above €100kEq €110k ▲213%
2 profitable years in a row build equity to €110k.
2017
02-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 275 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Watermaal-Bosvoorde · 1 establishment unit since 1992
Ground area
1.4 ha
Building footprint
398 m²
Volume, LiDAR
14,689 m³
Parcel 21017D0214/00F000, Brussels · tallest building 40.7 m, ±12 floors. Linked by address, not a title deed.
321
companies at this address
See who is registered here
1 establishment unit
GRAPHISIGN
since 19922.056.454.240
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21017D0214/00F000 | Brussels | 1.4 ha | 1 · 398 m² | 40.7 m · 12 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.
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Of 9,862 companies in sector 73110 we hold annual accounts for 3,753. 2,804 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded05-12-1991
Fiscal year end30-06
Activities, NACEBEL 2025
73110Advertising agencies
46649Wholesale of other machinery and equipment
Contact
E-mail
lo64755@gmail.com
Scores and ratios are computed by Checked and are not a credit decision.