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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Two loss years in a row NBB
Negative result in 2021 and 2022.
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Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2022; threshold 65 %.
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Legal situation KBO
Vrijwillige ontbinding – vereffening according to the CBE.
Financials
Financial year 2022
GRAEG from Gent, company number BE0686675965, closed financial year 2022 with a result of € -14,753 after tax. For that financial year GRAEG recorded a gross margin of € -5,836 and equity of € 5,653. Compared with financial year 2021, the result moved from € -29,120 to € -14,753. The company made a loss. The buffer shrank hard: equity is 72 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 22, 2023.
€ 5,653
▼ 72% vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14,753
▲ 49 % less loss than in 2021
Profit after tax over the fiscal year.
€ 1,204
▼ 69% vs 2021
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -94,347.
People and assets in 2022
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2022
€ 130,000
▲ 8% vs 2021
Loans from banks and other lenders, long and short.
€ 2,489
▼ 30% vs 2021
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Gross margin | € -13,955 | € -5,836 | ▲ € 8,119 |
| Profit after taxes | € -29,120 | € -14,753 | ▲ € 14,367 |
| Equity | € 20,406 | € 5,653 | ▼ 72% |
| Total debts | € 175,263 | € 190,639 | ▲ 9% |
| Cash | € 3,825 | € 1,204 | ▼ 69% |
| Retained profit | € -79,594 | € -94,347 | ▼ € 14,753 |
| Bank debt | € 120,000 | € 130,000 | ▲ 8% |
| Balance sheet total | € 195,669 | € 196,292 |
Key figures of GRAEG, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to GRAEG?
What happened at GRAEG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
GRAEG is active according to the CBE. Legal situation: Vrijwillige ontbinding – vereffening.
- New annual accounts for financial year 2022: loss of € 14,753. Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 29,120 loss in 2021 to € 14,753 loss in 2022.
Management
Behind GRAEG is Katrien Van Langenhove. Katrien Van Langenhove is also behind Interventiedienst voor thuisverpleging.
Directors
According to the 2022 annual accounts
Establishments
Establishment units
Physical locations of this company
Groot-Brittanniëlaan 18
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0686.675.965
- VAT number
- BE 0686.675.965
- Registered office
- Groot-Brittanniëlaan 18, 9000 Gent
- Names & denominations
- GRAEG
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Vrijwillige ontbinding – vereffening
- Start date
- 20 December 2017
- Peppol
- Not registered
- Activities · NACE
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