Bankrupt · Opening faillissement (CBE)

GRAFTYS

BE0676661805

Rechtspersoon Public limited company 1 establishment

GRAFTYS is registered with the CBE as active in: Vervaardiging van geneesmiddelen. Public Limited, started on 8 June 2017, 1 establishment.

Quai Sur Meuse 19, 4000 Liège

Behind the company: Nicolas PAPILLON, Arnaud BRISARD.

Start date

8 June 2017

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Two loss years in a row NBB

    Negative result in 2020 and 2021.

  • Board fully replaced NBB

    No director from three years ago is still active according to annual account 2021.

  • Busy address KBO

    25 other companies have their registered office at the same address; threshold 10.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2021

GRAFTYS from Liège, company number BE0676661805, closed financial year 2021 with a result of € -2.9 million after tax. For that financial year GRAFTYS recorded a gross margin of € -906,850 and equity of € 4 million. Compared with financial year 2020, the result moved from € -1.2 million to € -2.9 million. The company made a loss. 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 August 26, 2022.

What it is worth Growing

€ 4 million

▲ 23% vs 2020

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -2.9 million

▼ 144 % more loss than in 2020

Profit after tax over the fiscal year.

Cash in the bank

€ 660,463

▼ 50% vs 2020

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -4.5 million.

People and assets in 2021

Full-time equivalents

4.4

▼ 5.3 vs 2020

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 420,890

▼ 37% vs 2020

€ 95,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 17,493

▲ 1% vs 2020

Book value of vehicles, furniture and equipment.

Debts at end 2021

Bank debt ≈ 7 years to go

€ 275,000

€ 37,153 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.

Owed to suppliers

€ 583,801

▲ 11% vs 2020

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 23,084

▼ 76% vs 2020

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
20202021Change 2020 → 2021
Gross margin € -437,935 € -906,850 ▼ € 468,915
Profit after taxes € -1,178,881 € -2,871,623 ▼ € 1.7 million
Equity € 3,218,866 € 3,961,731 ▲ 23%
Total debts € 4,558,437 € 4,306,491 ▼ 6%
Cash € 1,310,957 € 660,463 ▼ 50%
Retained profit € -1,605,302 € -4,476,925 ▼ € 2.9 million
Bank debt € 275,000 € 275,000
Balance sheet total € 7,777,303 € 8,268,222 ▲ 6%
Employees (FTE) 9.7 4.4 ▼ 5.3

Key figures of GRAFTYS, fiscal years 2020 to 2021, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2022 has not been filed yet; it was expected before 31 July 2023.

What happened to GRAFTYS?

What happened at GRAFTYS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

GRAFTYS is active according to the CBE. Legal situation: Opening faillissement.

  • Aurélien VALET stepped down as director. NBB
  • Xavier FERRY stepped down as director. NBB
  • Sébastien GENESTA stepped down as director. NBB
  • GoCapital (FCPI Ouest Ventures III) stepped down as director. NBB
  • INNOVATION FUND stepped down as director. NBB
  • New annual accounts for financial year 2021: loss of € 2.9 million. filed late Source: NBB ↗
  • New establishment in Liège. KBO
  • Aurélien VALET became a director. NBB

In short

From € 1.2 million loss in 2020 to € 2.9 million loss in 2021.

Paid € 955 in corporate taxes since 2020.

Management

NOSHAQ 10.5%

The stake of INNOVATION FUND, NOSHAQ comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

GRAFTYS
GARFTYS AIX 100%
GRAFTYS DISCOVERY 100%

Behind GRAFTYS are Nicolas PAPILLON and Arnaud BRISARD. The shares are held by INNOVATION FUND (21.1%) and NOSHAQ (10.5%). It owns 100% of GARFTYS AIX, 100% of GARFTYS MANUFACTURING EUROPE, 100% of GRAFTYS SALES EUROPE and 100% of GRAFTYS DISCOVERY itself.

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Directors

According to the 2021 annual accounts

Nicolas PAPILLON

Director

Arnaud BRISARD

Director

Aurélien VALET

Managing director

since 2021 · until 2027

D&V Consult

Director · represented by Dominique VANFLETEREN

since 2021 · until 2021

Xavier FERRY

Director

since 2021 · until 2027

Sébastien GENESTA

Director

since 2021 · until 2027

GoCapital (FCPI Ouest Ventures III)

Director · represented by Bruno GUICHEUX

since 2021 · until 2027

INNOVATION FUND

Director · represented by André OSTACHKOV

Also active at: HOME EOS, FYTEKO, IRISTICK, AXINESIS, InOpSys, ALLERINVEST, Zeopore Technologies, APAXEN +3 more

since 2021 · until 2027

Shareholders

Participations

GARFTYS AIX

100%

GRAFTYS DISCOVERY

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Quai Sur Meuse 19

4000 Liège

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0676.661.805
VAT number
BE 0676.661.805
Registered office
Quai Sur Meuse 19, 4000 Liège
Names & denominations
GRAFTYS
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Opening faillissement
Start date
8 June 2017
Peppol
Not registered
Activities · NACE

Vervaardiging van geneesmiddelen

Frequently asked questions

What does GRAFTYS do?
GRAFTYS is registered with the CBE as active in: Vervaardiging van geneesmiddelen. Public Limited, started on 8 June 2017, 1 establishment.
What is the address of GRAFTYS?
The registered office of GRAFTYS is located at Quai Sur Meuse 19, 4000 Liège.
Is GRAFTYS still active?
No. The CBE lists GRAFTYS with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is GRAFTYS registered on Peppol?
No, GRAFTYS is currently not registered on the Peppol network.
What is the enterprise number of GRAFTYS?
The enterprise number of GRAFTYS is BE0676661805.
When was GRAFTYS founded?
GRAFTYS was founded on 8 June 2017.