GRAPHOS
ActiveSummary
GRAPHOS has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.62M and a net result of €258k. Equity is growing by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 69% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▼-2
Solvency80▼-9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity ample (current ratio 1.53 against 1.89 in 2024; short-term debt: 22.6% and cash: 4.6% of total assets), and 45% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 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 2025Solvency, return and age of the figures
Solvency
55%
Return on assets
8.8%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
21 d late
2024
4 d late
2023
63 d late
2022
16 d late
2021
8 d late
2020
20 d late
2019
20 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.62M▲ 7.7%
2024 · €1.51M
2018: €1.21M
2019: €1.35M
2020: €1.55M
2021: €1.79M
2022: €1.36M
2023: €1.62M
2024: €1.51M
2018 → 2025
Total assets
€2.95M▲ 24.5%
2024 · €2.37M
2018: €1.72M
2019: €2.45M
2020: €2.65M
2021: €2.38M
2022: €2.30M
2023: €2.28M
2024: €2.37M
2018 → 2025
Net result
€258k▲ 1.6%
2024 · €254k
2018: €211k
2019: €142k
2020: €201k
2021: €236k
2022: €228k
2023: €251k
2024: €254k
2018 → 2025
Working capital
€354k▼ 28.2%
2024 · €494k
2018: €389k
2019: €295k
2020: €502k
2021: €677k
2022: €335k
2023: €631k
2024: €494k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.79M-€1.36M▼ 23.6%€1.62M▲ 18.4%€1.51M▼ 6.7%€1.62M▲ 7.7%
Operating result€359k-€370k▲ 3.0%€398k▲ 7.6%€402k▲ 1.1%€382k▼ 5.0%
Net result€236k-€228k▼ 3.6%€251k▲ 10.1%€254k▲ 1.4%€258k▲ 1.6%
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 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.95M
Fixed assets
€1.93M ▲ 45.8%
Current assets
€1.02M ▼ 2.5%
Equity and liabilities €2.95M
Equity
€1.62M ▲ 7.7%
Debt
€1.33M ▲ 53.7%
Debt's share of the balance-sheet total rises from 36.4% to 45.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€531k▲
2024 · €500k
Cash flow
€407k▲
2024 · €352k
Current ratio
1.53▼
2024 · 1.89
Debt to equity
0.82▲
2024 · 0.57
ROE
15.9%▼
2024 · 16.9%
ROA
8.8%▼
2024 · 10.7%
Interest coverage
10.91▼
2024 · 13.12
Debt ≤ 1 year
€666k▲
2024 · €553k
Debt > 1 year
€624k▲
2024 · €284k
Income taxes
€111k▼
2024 · €117k
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 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.37M€2.95M▲
Fixed assets21/28€1.32M€1.93M▲
Tangible fixed assets22/27€1.32M€1.93M▲
Land and buildings22€1.21M€1.78M▲
Furniture and vehicles24€118k€153k▲
Current assets29/58€1.05M€1.02M▼
Amounts receivable within one year40/41€105k€223k▲
Trade receivables40€105k€215k▲
Other amounts receivable41€1€8k▲
Current investments50/53€645k€645k=
Cash at bank and in hand54/58€285k€136k▼
Deferred charges and accrued income490/1€11k€16k▲
Equity and liabilities
Total equity and liabilities10/49€2.37M€2.95M▲
Equity10/15€1.51M€1.62M▲
Contributions10/11€41k€41k=
Reserves13€1.47M€1.58M▲
Distributable reserves133€1.47M€1.58M▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€863k€1.33M▲
Amounts payable after more than one year17€284k€624k▲
Financial debts170/4€284k€624k▲
Amounts payable within one year42/48€553k€666k▲
Current portion of amounts payable after more than one year42€28k€51k▲
Trade debts44€13k€10k▼
Suppliers440/4€13k€10k▼
Taxes, remuneration and social security45€62k€60k▼
Taxes450/3€62k€60k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€449k€545k▲
Accrued charges and deferred income492/3€26k€37k▲
Income statement
Code20242025
Non-recurring operating income76A-€275
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€98k€149k▲
Other operating charges640/8€9k€9k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€509k€540k▲
Operating profit (loss)9901€402k€382k▼
Financial income75/76B€7k€36k▲
Recurring financial income75€7k€36k▲
Financial charges65/66B€38k€49k▲
Recurring financial charges65€38k€49k▲
Profit (loss) for the period before taxes9903€371k€370k▼
Income taxes67/77€117k€111k▼
Profit (loss) for the period9904€254k€258k▲
Profit (loss) for the period to be appropriated9905€254k€258k▲
Appropriation of the result
Profit (loss) to be appropriated9906€254k€258k▲
Transfer from equity791/2€354k€142k▼
Transfer to equity691/2€254k€258k▲
To other reserves6921€254k€258k▲
Profit to be distributed694/7€354k€142k▼
Return on contributions (dividend)694€354k€142k▼
The notes to these accounts (17 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
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2025
31-12
Financial
Highest result since 2018net €258k ▲1.6%
Net result €258k, the highest in the series.
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
02-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 63 days late
2023
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
2022
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 4.22
Current ratio from 1.75 to 4.22; short-term debt falls from €669k to €210k.
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
2019
31-12
Financial
Weakest financial yearnet €142k ▼32.6%
Net result drops to €142k, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Houthalen-Helchteren · 1 establishment unit since 2006
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.
Dorpsstraat 333530 Houthalen-HelchterenGround area
184 m²
Building footprint
187 m²
Volume, LiDAR
2,193 m³
Parcel 72015C0039/00N000, Flanders · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Graphos
since 20062.152.795.927
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72015C0039/00N000 | Flanders | 184 m² | 1 · 187 m² | 14.9 m · 4 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
2023 to 2025 · 3 entries · 579 EUR awarded · 565 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 169 EUR | 254 EUR |
| 2024 | 1 | 149 EUR | 50 EUR |
| 2023 | 1 | 261 EUR | 261 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 3,264 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-02-2006
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
64210Activities of holding companies
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.