Financials
- Fiscal year
- 2024
- Total assets
- €571,885
- Profit
- €26,060
- Solvency
- 35.5%
Total assets▼ 13.8%
Net result
20192024
GRAVE MICHAEL
ActiveSummary
For GRAVE MICHAEL, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €203,043 and a net result of €26,060. Equity is growing by ~22% per year across the filed fiscal years. Its solvency ranks better than 37% of 36370 sector peers (fiscal year 2024). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.0% (low).
Overview
What they do
General electrical installation work
NACE 43211
1 site
How big
€571,885total assets 2024
- Staff
- 1.5 FTE
- Equity
- €203,043
- Profit
- €26,060
Turnover not published (abridged schema)
Financially healthy?
- Bankruptcy chance 12 m
- 1.0%
2024 figures too old to score
Who decides
Accounts 155 d overdue0 of 2 deeds read
Signals- Higher-failure-rate sector- Annual accounts: weaker financial profile- Annual accounts not filed+ Long track recordLatest accounts filed on timeShow the evidence
Checked score
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability74▼-11
Solvency61▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
35.5%
Return on assets
4.6%
Age of the figures
24 mo
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 155 days later.
NBB · 10 filingsPosition against the passed deadline
30-09-2025 close30-04-2026 deadline02-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 29-04-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
1 d early
2023
4 d early
2022
2 d early
2021
202 d late
2020
30 d early
2019
18 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 31 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Equity above €200,000Eq €203,043 ▲14.7%
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 15
- Since
- 2016
- 29-04-2025Annual accounts filed
- 30-09-2024Equity above €200,000
- 26-04-2024Annual accounts filed
Support & recognitions
- Funding sources
- 1
- Recognitions
- 2 registers
- Flemish government
- €2,000awarded · 2024 - 2025
- Registered contractor
- 5categories
- Work and economy
- 4current recognitions
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General electrical installation workNACE 43211
- Founded
- 15-07-2009
- Year ends
- 30-09
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies
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