GRAVICONCEPT
ActiveGRAVICONCEPT has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €751k and a net result of €42k. Equity is growing by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 83% of 316 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability73▼-4
Solvency92▼-8
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 2.87 against 3.83 in 2023; short-term debt: 31% and cash: 20.7% of total assets), and 32.9% 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+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
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
67.1%
Return on assets
3.7%
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 26-06-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
37 d early
2022
53 d early
2021
59 d early
2020
36 d early
2019
36 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€42k▼ 33.7%
2023 · €63k
2018: €182k
2019: €99k
2020: €60k
2021: €98k
2022: €166k
2023: €63k
2018 → 2024
Working capital
€648k▼ 1.5%
2023 · €658k
2018: €416k
2019: €529k
2020: €504k
2021: €520k
2022: €625k
2023: €658k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€574k-€612k▲ 6.6%€698k▲ 14.0%€731k▲ 4.7%€751k▲ 2.8%
Operating result€79k-€110k▲ 40.5%€219k▲ 98.3%€73k▼ 66.4%€36k▼ 50.7%
Net result€60k-€98k▲ 62.3%€166k▲ 69.2%€63k▼ 62.2%€42k▼ 33.7%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 51% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.12M
Fixed assets
€125k▲ 70.2%
Current assets
€995k▲ 11.7%
Equity and liabilities €1.12M
Equity
€751k▲ 2.8%
Debt
€369k▲ 58.3%
The debt ratio rises from 24.2% to 32.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€76k▼
2023 · €104k
Cash flow
€81k▼
2023 · €93k
Solvency
67.1%▼
2023 · 75.8%
Current ratio
2.87▼
2023 · 3.83
Quick ratio
2.48▼
2023 · 3.21
Debt / equity
0.49▲
2023 · 0.32
ROE
5.5%▼
2023 · 8.6%
ROA
3.7%▼
2023 · 6.5%
Interest coverage
63.08▼
2023 · 362.19
Debt
€369k▲
2023 · €233k
Debt ≤ 1 year
€347k▲
2023 · €233k
Debt > 1 year
€21k
Income taxes
€12k▼
2023 · €17k
Staff costs
€295k▲
2023 · €288k
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€964k€1.12M▲
Fixed assets21/28€73k€125k▲
Tangible fixed assets22/27€70k€121k▲
Plant, machinery and equipment23€9k€53k▲
Furniture and vehicles24€59k€67k▲
Other tangible fixed assets26€2k€1k▼
Financial fixed assets28€3k€3k=
Current assets29/58€891k€995k▲
Stocks and contracts in progress3€143k€133k▼
Stocks30/36€143k€133k▼
Amounts receivable within one year40/41€344k€594k▲
Trade receivables40€326k€580k▲
Other amounts receivable41€17k€14k▼
Cash at bank and in hand54/58€381k€232k▼
Deferred charges and accrued income490/1€23k€36k▲
Equity and liabilities
Total equity and liabilities10/49€964k€1.12M▲
Equity10/15€731k€751k▲
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€560k€585k▲
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Distributable reserves133€550k€575k▲
Profit (loss) carried forward14€71k€66k▼
Amounts payable17/49€233k€369k▲
Amounts payable after more than one year17-€21k
Financial debts170/4-€21k
Amounts payable within one year42/48€233k€347k▲
Current portion of amounts payable after more than one year42-€7k
Trade debts44€102k€234k▲
Suppliers440/4€102k€234k▲
Advances received on contracts in progress46€16k-
Taxes, remuneration and social security45€85k€90k▲
Taxes450/3€48k€52k▲
Remuneration and social security454/9€37k€38k▲
Other amounts payable47/48€30k€17k▼
Accrued charges and deferred income492/3€84€36▼
Income statement
Code20232024
Remuneration, social security and pensions62€288k€295k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€39k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€13k€5k▼
Other operating charges640/8€4k€7k▲
Gross operating margin9900€408k€382k▼
Operating profit (loss)9901€73k€36k▼
Financial income75/76B€7k€18k▲
Recurring financial income75€4k€5k▲
Non-recurring financial income76B€2k€13k▲
Financial charges65/66B€287€1k▲
Recurring financial charges65€287€1k▲
Profit (loss) for the period before taxes9903€80k€53k▼
Income taxes67/77€17k€12k▼
Profit (loss) for the period9904€63k€42k▼
Profit (loss) for the period to be appropriated9905€63k€42k▼
Appropriation of the result
Profit (loss) to be appropriated9906€151k€112k▼
Profit (loss) brought forward from the previous period14P€88k€71k▼
Transfer to equity691/2€50k€25k▼
To other reserves6921€50k€25k▼
Profit to be distributed694/7€30k€21k▼
Return on contributions (dividend)694€30k€21k▼
Social balance
Average headcount (FTE)90873.43.1▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €42k ▼33.7%
Net result drops to €42k, the lowest in the series.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
02-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
24-06
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
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, Herstal · 1 establishment unit since 2007
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.
Rue de Hermée 1774040 HerstalGround area
9,198 m²
Building footprint
892 m²
Volume, LiDAR
7,960 m³
Parcel 62312A0441/00G000, Wallonia · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue de Hermée 177, 4040 Herstal
since 20072.165.457.593
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62312A0441/00G000 | Wallonia | 9,198 m² | 1 · 891 m² | 9.8 m · 3 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.
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MULTI PESAGE
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PESAGE DOSAGE LUCIEN WARNIER
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Of 18 companies in sector 28292 we hold annual accounts for 16. 12 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded05-10-2007
Fiscal year end31-12
Activities, NACEBEL
26510Manufacture of computer, electronic and optical products
28292Manufacture of machinery and equipment not elsewhere classified
46140Agents in the wholesale of industrial machinery, ships and aircraft
46649Wholesale of other machinery and equipment
51872
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesPhone:04/253.31.45
Fax:4/252.68.42