Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Graef Works from Essen, company number BE0553987685, closed financial year 2025 with a result of € 354,483 after tax. For that financial year Graef Works recorded a gross margin of € 354,426 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 302,227 to € 354,483. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ 1.1 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 354,483
▲ 17% vs 2024
Profit after tax over the fiscal year.
€ 52,379
▲ € 48,813 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 300,000 paid out
85 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 469,681
▼ 16% vs 2024
€ 74,658 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 51,928
▲ 186% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,683
▲ 5% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 237,330 | € 254,217 | € 345,682 | € 354,426 | ▲ 3% |
| Profit after taxes | € 159,143 | € 189,140 | € 302,227 | € 354,483 | ▲ 17% |
| Equity | € 915,841 | € 942,981 | € 1,035,208 | € 1,089,691 | ▲ 5% |
| Total debts | € 1,299,868 | € 1,244,205 | € 1,109,897 | € 1,058,252 | ▼ 5% |
| Cash | € 16,332 | € 889 | € 3,566 | € 52,379 | ▲ € 48,813 |
| Land & buildings | € 971,114 | € 929,255 | € 887,395 | € 864,327 | ▼ 3% |
| Retained profit | € 690,841 | € 717,981 | € 810,208 | € 864,691 | ▲ 7% |
| Dividend | € 120,000 | € 162,000 | € 210,000 | € 300,000 | ▲ 43% |
| Bank debt | € 813,980 | € 680,306 | € 559,386 | € 469,681 | ▼ 16% |
| Balance sheet total | € 2,215,709 | € 2,187,186 | € 2,145,105 | € 2,147,943 |
Key figures of Graef Works, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Graef Works?
What happened at Graef Works in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 354,483 (▲ 17% vs 2024). Source: NBB ↗
- New establishment in Essen. KBO
- Start of the company according to the CBE. KBO
In short
From € 159,143 profit in 2022 to € 354,483 profit in 2025.
Paid € 221,521 in corporate taxes since 2022.
Best year ever: 2025, with € 354,483 profit.
Paid out € 792,000 in dividends to the owners in total.
Management
The stake of DGS ACCOUNTANCY, BDG CONSULT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Graef WorksBehind Graef Works are Bart De Graef and Stijn De Graef. The shares are held by DGS ACCOUNTANCY (26.7%) and BDG CONSULT (10%). It owns 100% of Graef bv itself.
Directors
According to the 2025 annual accounts
Stijn De Graef
Director
Also active at: Patrimco Beheer, DGS ACCOUNTANCY, Graef, OKAF Consult, Buvac
Shareholders
26.7%
10%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Over d'Aa 24
2910 Essen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0553.987.685
- VAT number
- BE 0553.987.685
- Registered office
- Over d'Aa 24, 2910 Essen
- Names & denominations
- Graef Works
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 June 2014
- Peppol
- Active · Active since 27 Sept 2024
- Contact
- graefadvies.be [email protected] 036673345
- Activities · NACE
Activiteiten van (gecertificeerde) (fiscaal) accountants