GRAPHISM AND MARKETING ACTIVITIES
ActiveGRAPHISM AND MARKETING ACTIVITIES has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.92M and a net result of €200k. Equity is growing by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 92% of 9716 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
90
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81▲+1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €170k at 30 days acceptable
Liquidity ample (current ratio 3.29 against 2.06 in 2023; short-term debt: 7.6% and cash: 20.4% of total assets), and 7.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
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 2024Solvency, return and age of the figures
Solvency
92.4%
Return on assets
9.6%
Age of the figures
21 mo
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 04-07-2025, 27 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
27 d early
2023
33 d early
2022
3 d early
2021
30 d early
2020
33 d early
2019
60 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Turnover
€400▼ 73.3%
2018 · €2k
2018: €2k
2018 → 2019
EBIT margin
36393.2%▲ 36994.6pp
2018 · -601.4%
2018: -601.4%
2018 → 2019
Net result
€200k▲ 21.2%
2023 · €165k
2018: €-28k
2019: €120k
2020: €137k
2021: €157k
2022: €137k
2023: €165k
2018 → 2024
Working capital
€361k▲ 265%
2023 · €99k
2018: €-539k
2019: €-526k
2020: €-415k
2021: €-278k
2022: €-129k
2023: €99k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.26M-€1.42M▲ 12.4%€1.56M▲ 9.7%€1.72M▲ 10.6%€1.92M▲ 11.6%
Operating result€209k-€216k▲ 3.6%€189k▼ 12.7%€228k▲ 20.5%€271k▲ 19.2%
Net result€137k-€157k▲ 14.4%€137k▼ 12.2%€165k▲ 20.3%€200k▲ 21.2%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 19% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.08M
Fixed assets
€1.56M▼ 3.8%
Current assets
€519k▲ 169%
Equity and liabilities €2.08M
Equity
€1.92M▲ 11.6%
Debt
€158k▲ 68.2%
The debt ratio rises from 5.2% to 7.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€333k▲
2023 · €290k
Cash flow
€262k▲
2023 · €228k
Solvency
92.4%▼
2023 · 94.8%
Current ratio
3.29▲
2023 · 2.06
Quick ratio
3.24▲
2023 · 1.96
Debt / equity
0.08▲
2023 · 0.05
ROE
10.4%▲
2023 · 9.6%
ROA
9.6%▲
2023 · 9.1%
Interest coverage
183.09▲
2023 · 134.39
Debt
€158k▲
2023 · €94k
Debt ≤ 1 year
€158k▲
2023 · €94k
Income taxes
€69k▲
2023 · €60k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.82M€2.08M▲
Fixed assets21/28€1.62M€1.56M▼
Tangible fixed assets22/27€1.62M€1.56M▼
Land and buildings22€1.56M€1.51M▼
Plant, machinery and equipment23€66k€54k▼
Current assets29/58€193k€519k▲
Stocks and contracts in progress3€9k€9k=
Stocks30/36€9k€9k=
Amounts receivable within one year40/41€91k€84k▼
Trade receivables40€11k€12k▲
Other amounts receivable41€80k€72k▼
Cash at bank and in hand54/58€92k€425k▲
Deferred charges and accrued income490/1€433€449▲
Equity and liabilities
Total equity and liabilities10/49€1.82M€2.08M▲
Equity10/15€1.72M€1.92M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1.66M€1.86M▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€1.65M€1.85M▲
Amounts payable17/49€94k€158k▲
Amounts payable within one year42/48€94k€158k▲
Current portion of amounts payable after more than one year42€0-
Financial debts43-€60k
Credit institutions430/8-€60k
Trade debts44€10k€4k▼
Suppliers440/4€10k€4k▼
Taxes, remuneration and social security45€60k€71k▲
Taxes450/3€60k€71k▲
Other amounts payable47/48€23k€23k=
Income statement
Code20232024
Non-recurring operating income76A€4k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€63k€62k▼
Other operating charges640/8€29k€30k▲
Gross operating margin9900€319k€363k▲
Operating profit (loss)9901€228k€271k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€225k€270k▲
Income taxes67/77€60k€69k▲
Profit (loss) for the period9904€165k€200k▲
Profit (loss) for the period to be appropriated9905€165k€200k▲
Appropriation of the result
Profit (loss) to be appropriated9906€165k€200k▲
Transfer to equity691/2€165k€200k▲
To other reserves6921€165k€200k▲
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €200k ▲21.2%
Operating result €271k, net result €200k, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity triplescurrent ratio 2.06
Current ratio from 0.71 to 2.06; short-term debt falls from €451k to €94k.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 60 days late
2019
31-12
Financial
Back to profitnet €120k
Net result €120k after one loss-making year.
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
08-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2015
09-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 acts for this company are 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, Londerzeel · 1 establishment unit since 1998
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.
Neringstraat 151840 LonderzeelGround area
3,600 m²
Building footprint
780 m²
Volume, LiDAR
6,878 m³
2 parcels, Flanders · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
G.M.A. SPRL
since 19982.113.783.814
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23045D0258/00T000 | Flanders | 2,082 m² | 1 · 457 m² | 12.3 m · 3 fl. |
| 22005A0012/00Y003 | Flanders | 1,517 m² | 1 · 323 m² | 10.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
IMMO T
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GESTINSURE
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FRASK VASTGOEDONTWIKKELING
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Immo De Backer
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Of 11,749 companies in sector 68310 we hold annual accounts for 6,907. 2,828 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded25-07-1977
Fiscal year end31-12
Abbreviation FR
G.M.A.
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
74401
18120Other printing
73110Advertising agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 47 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.