World Graphix Services
BankruptcyThe KBO register records for World Graphix Services the legal situation: open bankruptcy (code 050); this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show equity of €303k and a net result of €109k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 20-05-2025, 72 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
72 d early
2023
113 d late
2022
122 d early
2021
85 d late
2020
22 d early
2019
39 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€303k▲ 56.5%
2023 · €193k
2018: €9k
2019: €36k
2020: €82k
2021: €37k
2022: €182k
2023: €193k
2018 → 2024
Total assets
€489k▼ 10.7%
2023 · €547k
2018: €328k
2019: €411k
2020: €247k
2021: €533k
2022: €518k
2023: €547k
2018 → 2024
Net result
€109k▲ 872%
2023 · €11k
2018: €49k
2019: €27k
2020: €46k
2021: €-45k
2022: €145k
2023: €11k
2018 → 2024
Working capital
€299k▲ 47.7%
2023 · €203k
2018: €12k
2019: €39k
2020: €85k
2021: €42k
2022: €191k
2023: €203k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€82k-€37k▼ 55.0%€182k▲ 392%€193k▲ 6.2%€303k▲ 56.5%
Operating result€67k-€-43k€184k€25k▼ 86.7%€166k▲ 578%
Net result€46k-€-45k€145k€11k▼ 92.3%€109k▲ 872%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 578% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €489k
Fixed assets
€3k▲ 392%
Current assets
€486k▼ 11.1%
Equity and liabilities €489k
Equity
€303k▲ 56.5%
Debt
€186k▼ 47.3%
The debt ratio falls from 64.7% to 38.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€167k▲
2023 · €25k
Cash flow
€110k▲
2023 · €12k
Solvency
61.9%▲
2023 · 35.3%
Current ratio
2.61▲
2023 · 1.59
Quick ratio
2.61▲
2023 · 1.38
Debt / equity
0.62▼
2023 · 1.83
ROE
36.1%▲
2023 · 5.8%
ROA
22.3%▲
2023 · 2.1%
Interest coverage
46.17▲
2023 · 1.85
Debt
€186k▼
2023 · €354k
Debt ≤ 1 year
€186k▼
2023 · €344k
Income taxes
€61k▲
2023 · €7k
Staff costs
€37k
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€547k€489k▼
Fixed assets21/28€644€3k▲
Tangible fixed assets22/27€196€2k▲
Furniture and vehicles24€196€2k▲
Financial fixed assets28€448€930▲
Current assets29/58€547k€486k▼
Stocks and contracts in progress3€70k€0▼
Stocks30/36€70k€0▼
Amounts receivable within one year40/41€476k€486k▲
Trade receivables40€339k€306k▼
Other amounts receivable41€137k€180k▲
Cash at bank and in hand54/58€633€0▼
Equity and liabilities
Total equity and liabilities10/49€547k€489k▼
Equity10/15€193k€303k▲
Contributions10/11€6k€6k=
Reserves13€2k€296k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133-€295k
Profit (loss) carried forward14€185k€0▼
Amounts payable17/49€354k€186k▼
Amounts payable within one year42/48€344k€186k▼
Financial debts43€55k€8k▼
Credit institutions430/8€55k€8k▼
Trade debts44€241k€45k▼
Suppliers440/4€241k€45k▼
Taxes, remuneration and social security45€46k€133k▲
Taxes450/3€46k€106k▲
Remuneration and social security454/9-€27k
Other amounts payable47/48€3k€0▼
Accrued charges and deferred income492/3€10k€0▼
Income statement
Code20232024
Remuneration, social security and pensions62-€37k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€272€765▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€8k€5k▼
Gross operating margin9900€32k€210k▲
Operating profit (loss)9901€25k€166k▲
Financial income75/76B€7k€7k▲
Recurring financial income75€7k€7k▲
Financial charges65/66B€13k€4k▼
Recurring financial charges65€13k€4k▼
Profit (loss) for the period before taxes9903€18k€170k▲
Income taxes67/77€7k€61k▲
Profit (loss) for the period9904€11k€109k▲
Profit (loss) for the period to be appropriated9905€11k€109k▲
Appropriation of the result
Profit (loss) to be appropriated9906€185k€295k▲
Profit (loss) brought forward from the previous period14P€174k€185k▲
Transfer to equity691/2-€295k
To other reserves6921-€295k
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €303k ▲56.5%
3 profitable years in a row build equity to €303k.
21-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 113 days late
2023
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €145k
Net result €145k after one loss-making year.
31-12
Financial
Equity above €150kEq €182k ▲392%
Equity rises from €37k to €182k.
24-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 85 days late
2021
31-12
Financial
Weakest financial yearnet €-45k ▼199%
Net result drops to €-45k, the lowest in the series.
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
08-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 39 days late
2019
03-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 64 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 57 days late
2016
28-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Gent · 1 establishment unit since 2011
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.
Gaston Crommenlaan 89050 GentGround area
1.9 ha
Building footprint
1,241 m²
Volume, LiDAR
19,773 m³
Parcel 44032A0472/00R003, Flanders · tallest building 18.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
World Graphix Services
since 20112.204.092.891
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44032A0472/00R003 | Flanders | 1.9 ha | 1 · 1,241 m² | 18.8 m · 5 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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PELPAT INVEST
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Of 6,155 companies in sector 46190 we hold annual accounts for 2,570. 1,729 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded19-08-2011
Fiscal year end31-12
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.