GRAUX
ActiveGRAUX has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.72M and a net result of €1.35M. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 45% of 669 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
86
/ 100
Excellent▼ -3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency77▲+7
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €230k at 30 days acceptable
Liquidity ample (current ratio 1.56 against 1.45 in 2024), but 57.7% 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
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← 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
42.3%
Return on assets
21%
Age of the figures
8 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 23-04-2026, 99 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
99 d early
2024
28 d early
2023
40 d early
2022
34 d early
2021
68 d early
2020
100 d early
2019
104 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1.35M▼ 33.5%
2024 · €2.03M
2019: €748k
2020: €872k
2021: €1.24M
2022: €813k
2023: €1.44M
2024: €2.03M
2019 → 2025
Working capital
€1.93M▲ 17.4%
2024 · €1.65M
2019: €1.55M
2020: €2.96M
2021: €2.78M
2022: €2.04M
2023: €1.79M
2024: €1.65M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.86M-€2.35M▼ 18.0%€2.30M▼ 2.1%€2.52M▲ 9.7%€2.72M▲ 7.8%
Operating result€594k-€949k▲ 59.9%€1.34M▲ 41.2%€2.58M▲ 92.8%€1.68M▼ 35.2%
Net result€1.24M-€813k▼ 34.3%€1.44M▲ 76.9%€2.03M▲ 41.2%€1.35M▼ 33.5%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 35% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.43M
Fixed assets
€1.05M▼ 19.7%
Current assets
€5.39M▲ 2.0%
Equity and liabilities €6.43M
Equity
€2.72M▲ 7.8%
Debt
€3.71M▼ 8.6%
The debt ratio falls from 61.7% to 57.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€2.07M▼
2024 · €2.95M
Cash flow
€1.75M▼
2024 · €2.40M
Solvency
42.3%▲
2024 · 38.3%
Current ratio
1.56▲
2024 · 1.45
Quick ratio
1.49▲
2024 · 1.36
Debt / equity
1.37▼
2024 · 1.61
ROE
49.7%▼
2024 · 80.7%
ROA
21.0%▼
2024 · 30.9%
Interest coverage
144.95▲
2024 · 135.40
Debt
€3.71M▼
2024 · €4.06M
Debt ≤ 1 year
€3.45M▼
2024 · €3.63M
Debt > 1 year
€241k▼
2024 · €410k
Income taxes
€440k▼
2024 · €651k
Staff costs
€2.23M▼
2024 · €2.28M
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€6.58M€6.43M▼
Fixed assets21/28€1.30M€1.05M▼
Tangible fixed assets22/27€1.30M€1.04M▼
Plant, machinery and equipment23€790k€617k▼
Furniture and vehicles24€221k€165k▼
Other tangible fixed assets26€289k€262k▼
Financial fixed assets28€2k€2k=
Current assets29/58€5.28M€5.39M▲
Stocks and contracts in progress3€349k€229k▼
Stocks30/36€120k€119k▼
Contracts in progress37€229k€111k▼
Amounts receivable within one year40/41€1.25M€2.11M▲
Trade receivables40€1.17M€1.98M▲
Other amounts receivable41€76k€137k▲
Current investments50/53€2.82M€2.04M▼
Cash at bank and in hand54/58€857k€978k▲
Deferred charges and accrued income490/1€10k€27k▲
Equity and liabilities
Total equity and liabilities10/49€6.58M€6.43M▼
Equity10/15€2.52M€2.72M▲
Contributions10/11€244k€244k=
Capital10€244k€244k=
Issued capital100€244k€244k=
Reserves13€2.27M€2.47M▲
Non-distributable reserves130/1€24k€24k=
Legal reserve130€24k€24k=
Tax-exempt reserves132€151k€151k=
Distributable reserves133€2.10M€2.30M▲
Investment grants15€4k-
Amounts payable17/49€4.06M€3.71M▼
Amounts payable after more than one year17€410k€241k▼
Financial debts170/4€410k€241k▼
Amounts payable within one year42/48€3.63M€3.45M▼
Current portion of amounts payable after more than one year42€206k€169k▼
Trade debts44€437k€480k▲
Suppliers440/4€437k€480k▲
Advances received on contracts in progress46€758k€1.03M▲
Taxes, remuneration and social security45€432k€625k▲
Taxes450/3€41k€88k▲
Remuneration and social security454/9€391k€537k▲
Other amounts payable47/48€1.80M€1.15M▼
Accrued charges and deferred income492/3€19k€19k▲
Income statement
Code20242025
Remuneration, social security and pensions62€2.28M€2.23M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€366k€397k▲
Other operating charges640/8€19k€12k▼
Gross operating margin9900€5.25M€4.31M▼
Operating profit (loss)9901€2.58M€1.68M▼
Financial income75/76B€121k€130k▲
Recurring financial income75€121k€130k▲
Financial charges65/66B€22k€14k▼
Recurring financial charges65€22k€14k▼
Profit (loss) for the period before taxes9903€2.68M€1.79M▼
Income taxes67/77€651k€440k▼
Profit (loss) for the period9904€2.03M€1.35M▼
Profit (loss) for the period to be appropriated9905€2.03M€1.35M▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.98M€1.35M▼
Profit (loss) brought forward from the previous period14P€943k-
Transfer to equity691/2€1.17M€201k▼
To other reserves6921€1.17M€201k▼
Profit to be distributed694/7€1.80M€1.15M▼
Return on contributions (dividend)694€1.80M€1.15M▼
Social balance
Average headcount (FTE)908736.633.3▼
The notes to these accounts (21 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
23-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2019net €2.03M ▲41.2%
Operating result €2.58M, net result €2.03M, both a record.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
24-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2020
21-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
31-08
Financial
Equity above €2MEq €3.00M ▲90%
2 profitable years in a row build equity to €3.00M.
2019
18-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
16-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
15-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
24-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 directors, no change since 2024
Marc Chanteux
Not recently confirmedDirector · since 22-10-2019
MEX Sprl
Not recently confirmedManaging director · since 20-05-2019 · Legal entity
30-09-2024
Bernard GRAUX: Resigned as Director
22-10-2019
Marc Chanteux: Appointed as Director
22-10-2019
Marc Puissant: Resigned as Director
22-10-2019
Philippe Macq: Resigned as Director
20-05-2019
MEX Sprl: Appointed as Managing director
20-05-2019
Julien Chanteux: Resigned as Managing director
01-10-2018
Marc Chanteux: Resigned as Managing director
01-10-2018
Julien Chanteux: Appointed as Managing director
27-04-2017
Marc Chanteux: Appointed as Director
25-03-2015
Marc Chanteux: Appointed as Managing director
25-03-2015
MACQ: Resigned as Director
25-03-2015
PUISSANT: Resigned as Director
Location & real-estate footprint
Registered office, Momignies · 1 establishment unit since 1981
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.
Zone Industrielle 36590 MomigniesGround area
4,584 m²
Parcel 56051B0101/00S006, Wallonia. Linked by address, not a title deed.
1 establishment unit
Zone Industrielle, 6590 Momignies
since 19812.035.218.564
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56051B0101/00S006 | Wallonia | 4,584 m² | - | - |
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.
Similar companies · same sector, comparable size
REAL CORPORATION
BE 0413.888.211
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Lauwers ramen & deuren
BE 0438.201.359
Hamont-Achel · Eq €2.75M
VERLINDEN METAALBEWERKING
BE 0426.551.758
Westerlo · Eq €2.66M
M.D.M. INDUSTRIE
BE 0443.178.053
Ciney · Eq €2.78M
PAMO METAALCONSTRUCTIES & ENGINEERING
BE 0412.718.271
Dendermonde · Eq €2.79M
Of 3,964 companies in sector 25110 we hold annual accounts for 2,133. 925 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded23-10-1981
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
28110
28990Manufacture of machinery and equipment not elsewhere classified
29564
Sources
Crossroads Bank for EnterprisesNational Bank · 43 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.