Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
Financials
Financial year 2024
GRAWECO from Niel, company number BE0460678932, closed financial year 2024 with a result of € -23,027 after tax. For that financial year GRAWECO recorded a gross margin of € -2,334 and equity of € -65,734. Compared with financial year 2023, the result moved from € -15,444 to € -23,027. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 4, 2025.
€ -65,734
▼ € 23,027 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -23,027
▼ 49 % more loss than in 2023
Profit after tax over the fiscal year.
€ 24,529
▲ 24% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -67,728.
People and assets in 2024
€ 38,357
▼ 25% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 6,191
▲ 6% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 1,000
▲ 100% vs 2023
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 8,662 | € 376 | € 3,978 | € -2,334 | ▼ € 6,313 |
| Profit after taxes | € -8,091 | € 33,208 | € -15,444 | € -23,027 | ▼ € 7,583 |
| Equity | € -60,471 | € -27,263 | € -42,707 | € -65,734 | ▼ € 23,027 |
| Total debts | € 294,795 | € 289,623 | € 286,972 | € 284,292 | ▼ 1% |
| Cash | € 38,553 | € 91,045 | € 19,790 | € 24,529 | ▲ 24% |
| Retained profit | € -62,465 | € -29,257 | € -44,701 | € -67,728 | ▼ € 23,027 |
| Balance sheet total | € 246,487 | € 273,020 | € 253,422 | € 226,212 | ▼ 11% |
Key figures of GRAWECO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to GRAWECO?
What happened at GRAWECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 23,027. filed late Source: NBB ↗
- New establishment in Niel. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,091 loss in 2021 to € 23,027 loss in 2024.
Best year ever: 2022, with € 33,208 profit.
Establishments
Establishment units
Physical locations of this company
Ivo Cornelisstraat 1
2845 Niel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0460.678.932
- VAT number
- BE 0460.678.932
- Registered office
- Ivo Cornelisstraat 1, 2845 Niel
- Names & denominations
- GRAWECO
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 16 May 1997
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Houwen, bewerken en afwerken van natuursteen
Overige werkzaamheden in verband met de afwerking van gebouwen