GRAPHITE BELGIUM
ActiveThe computed 12-month bankruptcy probability of GRAPHITE BELGIUM is 1.5% (moderate). The 2025 annual accounts show equity of €224k and a net result of €75k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 51% of 11257 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▼-5
Solvency69▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 1.62 against 1.44 in 2024; short-term debt: 52.7% and cash: 3.9% of total assets), but 56.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
43.7%
Return on assets
14.6%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €224k
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 23-07-2026, 8 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
8 d early
2024
52 d early
2023
31 d early
2022
29 d early
2021
18 d early
2020
27 d late
2019
69 d late
← 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€224k▲ 50.2%
2024 · €149k
2019: €10k
2020: €-3k
2021: €26k
2022: €31k
2023: €86k
2024: €149k
2019 → 2025
Total assets
€513k▲ 17.8%
2024 · €436k
2019: €10k
2020: €91k
2021: €137k
2022: €262k
2023: €305k
2024: €436k
2019 → 2025
Net result
€75k▼ 9.0%
2024 · €82k
2019: €-2k
2020: €-14k
2021: €23k
2022: €5k
2023: €54k
2024: €82k
2019 → 2025
Working capital
€167k▲ 40.1%
2024 · €119k
2020: €-9k
2021: €12k
2022: €13k
2023: €58k
2024: €119k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€26k-€31k▲ 20.6%€86k▲ 175%€149k▲ 74.6%€224k▲ 50.2%
Operating result€25k-€10k▼ 59.3%€72k▲ 608%€99k▲ 37.3%€96k▼ 2.8%
Net result€23k-€5k▼ 76.9%€54k▲ 921%€82k▲ 51.4%€75k▼ 9.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 3% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €513k
Fixed assets
€76k▲ 55.7%
Current assets
€437k▲ 13.0%
Equity and liabilities €513k
Equity
€224k▲ 50.2%
Debt
€289k▲ 0.9%
The debt ratio falls from 65.7% to 56.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€108k▲
2024 · €106k
Cash flow
€86k▼
2024 · €89k
Solvency
43.7%▲
2024 · 34.3%
Current ratio
1.62▲
2024 · 1.44
Quick ratio
0.33▼
2024 · 0.41
Debt / equity
1.29▼
2024 · 1.92
ROE
33.4%▼
2024 · 55.2%
ROA
14.6%▼
2024 · 18.9%
Interest coverage
92.91▼
2024 · 107.37
Debt
€289k▲
2024 · €287k
Debt ≤ 1 year
€270k▲
2024 · €268k
Debt > 1 year
€19k=
2024 · €19k
Income taxes
€21k▲
2024 · €16k
Staff costs
€196k▲
2024 · €86k
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€436k€513k▲
Fixed assets21/28€49k€76k▲
Tangible fixed assets22/27€43k€76k▲
Plant, machinery and equipment23€25k€61k▲
Furniture and vehicles24€3k€3k▼
Other tangible fixed assets26€15k€12k▼
Financial fixed assets28€6k-
Current assets29/58€387k€437k▲
Stocks and contracts in progress3€277k€347k▲
Stocks30/36€277k€347k▲
Amounts receivable within one year40/41€16k€66k▲
Trade receivables40€15k€54k▲
Other amounts receivable41€765€12k▲
Cash at bank and in hand54/58€91k€20k▼
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€436k€513k▲
Equity10/15€149k€224k▲
Reserves13€627€627=
Non-distributable reserves130/1€627-
Reserves not available under the articles1311€627-
Distributable reserves133-€627
Profit (loss) carried forward14€149k€224k▲
Amounts payable17/49€287k€289k▲
Amounts payable after more than one year17€19k€19k=
Financial debts170/4€19k€19k=
Amounts payable within one year42/48€268k€270k▲
Trade debts44€19k€100k▲
Suppliers440/4€19k€100k▲
Taxes, remuneration and social security45€57k€63k▲
Taxes450/3€42k€36k▼
Remuneration and social security454/9€15k€26k▲
Other amounts payable47/48€192k€108k▼
Income statement
Code20242025
Remuneration, social security and pensions62€86k€196k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€12k▲
Other operating charges640/8€6k€3k▼
Gross operating margin9900€198k€307k▲
Operating profit (loss)9901€99k€96k▼
Financial income75/76B€37€540▲
Recurring financial income75€37€540▲
Financial charges65/66B€983€1k▲
Recurring financial charges65€983€1k▲
Profit (loss) for the period before taxes9903€98k€96k▼
Income taxes67/77€16k€21k▲
Profit (loss) for the period9904€82k€75k▼
Profit (loss) for the period to be appropriated9905€82k€75k▼
Appropriation of the result
Profit (loss) to be appropriated9906€149k€224k▲
Profit (loss) brought forward from the previous period14P€66k€149k▲
The notes to these accounts (6 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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €200kEq €224k ▲50.2%
5 profitable years in a row build equity to €224k.
09-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2019net €82k ▲51.4%
Operating result €99k, net result €82k, both a record.
31-12
Financial
Equity above €100kEq €149k ▲74.6%
4 profitable years in a row build equity to €149k.
30-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
02-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €23k
Net result €23k after 2 loss-making years.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Weakest financial yearnet €-14k
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Antwerpen · 2 establishment units since 2018
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.
Vestingstraat 492018 AntwerpenGround area
964 m²
Building footprint
520 m²
Volume, LiDAR
7,987 m³
2 parcels, Flanders · tallest building 26.5 m, ±8 floors. Linked by address, not a title deed.
2 establishment units
Vestingstraat 49, 2018 Antwerpen
since 20182.280.636.482
Vestingstraat 53 A, 2018 Antwerpen
since 20212.318.685.327
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1171/00A006 | Flanders | 660 m² | 1 · 256 m² | 25.9 m · 5 fl. |
| 11808H1171/00D006 | Flanders | 304 m² | 1 · 264 m² | 26.5 m · 8 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
S.C.B.
BE 0456.181.694
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BE 0845.727.756
Boom · Eq €218k
RACK & STAND srl
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Liège · Eq €233k
METALEN VAN DEN AUDENAERDE
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Antwerpen · Eq €235k
Of 732 companies in sector 46820 we hold annual accounts for 388. 229 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-10-2018
Fiscal year end31-12
Activities, NACEBEL
46820Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.