What does DE GRAEVE WORKS do?

DE GRAEVE WORKS is an architecture firm in Ecaussinnes. Private Limited, started on 19 May 2006, 2 establishments.

What is the address of DE GRAEVE WORKS?

The registered office of DE GRAEVE WORKS is located at Rue du Bois d'Haurrues 20, 7191 Ecaussinnes.

Is DE GRAEVE WORKS still active?

Yes. According to the CBE (31 October 2026) DE GRAEVE WORKS is active, legal situation “Normale toestand”, started on 19 May 2006.

Is DE GRAEVE WORKS registered on Peppol?

Yes, DE GRAEVE WORKS is registered on the Peppol network with ID 0208:0881421281.

What is the enterprise number of DE GRAEVE WORKS?

The enterprise number of DE GRAEVE WORKS is BE0881421281.

When was DE GRAEVE WORKS founded?

DE GRAEVE WORKS was founded on 19 May 2006.

Who are the directors of DE GRAEVE WORKS?

According to the 2025 annual accounts, the directors of DE GRAEVE WORKS are: Olivier DE GRAEVE.

Is DE GRAEVE WORKS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 19 May 2006; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account; 2 establishments in the CBE.

How much profit did DE GRAEVE WORKS make in 2025?

DE GRAEVE WORKS posted a profit after taxes of € 64,890 in financial year 2025.

What is the revenue of DE GRAEVE WORKS?

In its most recent annual accounts (2025), DE GRAEVE WORKS reported revenue of € 15,892,464.

How much does an employee at DE GRAEVE WORKS earn?

The average wage cost per full-time employee at DE GRAEVE WORKS was € 71,700 in 2025: staff costs of € 1 million for 14.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does DE GRAEVE WORKS have?

According to the 2025 annual accounts, DE GRAEVE WORKS has 14.3 full-time equivalents (FTE).

Does DE GRAEVE WORKS have a website?

Yes, DE GRAEVE WORKS has a website at degraeveworks.be.

DE GRAEVE WORKS (Private Limited) - Ecaussinnes

Dossier DE GRAEVE WORKS, printed on 31 October 2026 from databakkes.be/en/0881421281/de-graeve-works. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

DE GRAEVE WORKS from Ecaussinnes, company number BE0881421281, closed financial year 2025 with a result of € 64,890 after tax. For that financial year DE GRAEVE WORKS recorded revenue of € 15.9 million and equity of € 2.5 million. Compared with financial year 2024, the result moved from € 389,670 to € 64,890. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.

What it is worth Healthy

€ 2.5 million

▼ 9% vs 2024

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

Profit Healthy

€ 64,890

▼ 83% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 111,714

▼ 76% vs 2024

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

Where the profit goes Pays out

€ 300,000 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

14.3

▼ 1.2 vs 2024

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 1.5 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 1 million

▼ 14% vs 2024

€ 71,700 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

€ 39,101

▼ 6% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 2.6 million

▼ 26% vs 2024

€ 347,352 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 1.8 million

▲ 43% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 46 days on average.

Taxes and wages

€ 248,666

▼ 13% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 16,216,970 Revenue 2022: € 16,216,970 First fiscal year in the series	€ 13,179,994 Revenue 2023: € 13,179,994 ▼ 19% vs 2022 (€ 16,216,970) Unfavourable step	€ 11,560,669 Revenue 2024: € 11,560,669 ▼ 12% vs 2023 (€ 13,179,994) Unfavourable step	€ 15,892,464 Revenue 2025: € 15,892,464 ▲ 37% vs 2024 (€ 11,560,669) Favourable step	▲ 37%
Gross margin	€ 1,617,686 Gross margin 2022: € 1,617,686 First fiscal year in the series	-	-	-
Profit after taxes	€ 356,514 Profit after taxes 2022: € 356,514 First fiscal year in the series	€ 410,567 Profit after taxes 2023: € 410,567 ▲ 15% vs 2022 (€ 356,514) Favourable step	€ 389,670 Profit after taxes 2024: € 389,670 ▼ 5% vs 2023 (€ 410,567) Unfavourable step	€ 64,890 Profit after taxes 2025: € 64,890 ▼ 83% vs 2024 (€ 389,670) Unfavourable step	▼ 83%
Equity	€ 2,359,071 Equity 2022: € 2,359,071 First fiscal year in the series	€ 2,649,638 Equity 2023: € 2,649,638 ▲ 12% vs 2022 (€ 2,359,071) Favourable step	€ 2,739,308 Equity 2024: € 2,739,308 ▲ 3% vs 2023 (€ 2,649,638) Favourable step	€ 2,504,198 Equity 2025: € 2,504,198 ▼ 9% vs 2024 (€ 2,739,308) Unfavourable step	▼ 9%
Total debts	€ 5,729,060 Total debts 2022: € 5,729,060 First fiscal year in the series	€ 4,929,864 Total debts 2023: € 4,929,864 ▼ 14% vs 2022 (€ 5,729,060) Favourable step	€ 5,060,223 Total debts 2024: € 5,060,223 ▲ 3% vs 2023 (€ 4,929,864) Unfavourable step	€ 4,616,684 Total debts 2025: € 4,616,684 ▼ 9% vs 2024 (€ 5,060,223) Favourable step	▼ 9%
Cash	€ 417,484 Cash 2022: € 417,484 First fiscal year in the series	€ 140,569 Cash 2023: € 140,569 ▼ 66% vs 2022 (€ 417,484) Unfavourable step	€ 470,955 Cash 2024: € 470,955 ▲ 235% vs 2023 (€ 140,569) Favourable step	€ 111,714 Cash 2025: € 111,714 ▼ 76% vs 2024 (€ 470,955) Unfavourable step	▼ 76%
Land & buildings	€ 1,649,538 Land & buildings 2022: € 1,649,538 First fiscal year in the series	€ 1,690,197 Land & buildings 2023: € 1,690,197 ▲ 2% vs 2022 (€ 1,649,538) Unchanged	€ 1,684,835 Land & buildings 2024: € 1,684,835 Unchanged (€ 1,690,197) Unchanged	€ 1,609,686 Land & buildings 2025: € 1,609,686 ▼ 4% vs 2024 (€ 1,684,835) Unchanged	▼ 4%
Retained profit	€ 2,346,671 Retained profit 2022: € 2,346,671 First fiscal year in the series	€ 2,635,378 Retained profit 2023: € 2,635,378 ▲ 12% vs 2022 (€ 2,346,671) Favourable step	€ 2,725,048 Retained profit 2024: € 2,725,048 ▲ 3% vs 2023 (€ 2,635,378) Favourable step	€ 2,489,938 Retained profit 2025: € 2,489,938 ▼ 9% vs 2024 (€ 2,725,048) Unfavourable step	▼ 9%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 120,000 Dividend 2023: € 120,000 Unchanged (€ 0) Unchanged	€ 300,000 Dividend 2024: € 300,000 ▲ 150% vs 2023 (€ 120,000) Unchanged	€ 300,000 Dividend 2025: € 300,000 Unchanged (€ 300,000) Unchanged
Bank debt	€ 3,012,185 Bank debt 2022: € 3,012,185 First fiscal year in the series	€ 2,848,408 Bank debt 2023: € 2,848,408 ▼ 5% vs 2022 (€ 3,012,185) Favourable step	€ 3,492,923 Bank debt 2024: € 3,492,923 ▲ 23% vs 2023 (€ 2,848,408) Unfavourable step	€ 2,586,363 Bank debt 2025: € 2,586,363 ▼ 26% vs 2024 (€ 3,492,923) Favourable step	▼ 26%
Balance sheet total	€ 8,088,131 Balance sheet total 2022: € 8,088,131 First fiscal year in the series	€ 7,579,502 Balance sheet total 2023: € 7,579,502 ▼ 6% vs 2022 (€ 8,088,131) Unchanged	€ 7,799,531 Balance sheet total 2024: € 7,799,531 ▲ 3% vs 2023 (€ 7,579,502) Unchanged	€ 7,120,881 Balance sheet total 2025: € 7,120,881 ▼ 9% vs 2024 (€ 7,799,531) Unchanged	▼ 9%
Employees (FTE)	12.4 Employees (FTE) 2022: 12.4 First fiscal year in the series	15.1 Employees (FTE) 2023: 15.1 ▲ 2.7 vs 2022 (12.4) Unchanged	15.5 Employees (FTE) 2024: 15.5 ▲ 0.4 vs 2023 (15.1) Unchanged	14.3 Employees (FTE) 2025: 14.3 ▼ 1.2 vs 2024 (15.5) Unchanged	▼ 1.2

Key figures of DE GRAEVE 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 DE GRAEVE WORKS?

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

Aug 31, 2026 New annual accounts for financial year 2025: profit of € 64,890 (▼ 83% vs 2024). filed late Source: NBB ↗
Dec 15, 2017 New establishment in Ittre. KBO
Oct 3, 2006 New establishment in Ecaussinnes. KBO
May 19, 2006 Start of the company according to the CBE. KBO
2006 Olivier DE GRAEVE became a director. NBB

In short

From € 356,514 profit in 2022 to € 64,890 profit in 2025.

Paid € 649,687 in corporate taxes since 2022.

Best year ever: 2023, with € 410,567 profit.

On average € 130,500 of value added per employee in 2022.

Original PDFs at the National Bank ↗

Management

Olivier DE GRAEVE 100%

DE GRAEVE WORKS

Behind DE GRAEVE WORKS is Olivier DE GRAEVE. The shares are held by Olivier DE GRAEVE (100%).

Directors

According to the 2025 annual accounts

Olivier DE GRAEVE

Director

Owns 100% directly

since 2006

Shareholders

Olivier DE GRAEVE · director

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Rue du Bois d'Haurrues 20

7191 Ecaussinnes

2.299.923.151

Chaussée de Nivelles 52

1461 Ittre

Active since 15 December 2017

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

La thérésienne

SO MANAGEMENT GROUP

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

Website

HTTPS degraeveworks.be

Canonical: https://www.degraeveworks.be/

Technologies

AOSAdvanced Custom FieldsCloudflare CDNJSFont AwesomeGSAPGoogle Tag ManagerPHPSlickWordPressYoast SEOjQueryjQuery UIjsDelivrunpkg

Hosting & Email

Email provider

Microsoft 365

Hosting

OVH, FR

DNS

OVH DNS

Website info

HTTPS Ja

Languages EN

Features

Webshop Ads

Security

✓ HTTPS

✓ SPF

✓ DMARC

Network

✓ IPv6

Details

Company number

0881.421.281

VAT number

BE 0881.421.281

Registered office

Rue du Bois d'Haurrues 20, 7191 Ecaussinnes

Names & denominations

DE GRAEVE WORKS

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

19 May 2006

Peppol

Active · Active since 14 Aug 2025

Contact

degraeveworks.be [email protected] 067/332693

Activities · NACE

Activiteiten van interieurarchitecten

Schilderen van gebouwen

Schilderen

Stukadoorswerk

Schrijnwerk

Metaalschrijnwerk

View on CBE Public ↗ Annual accounts (NBB) ↗

DE GRAEVE WORKS

Financials

What happened to DE GRAEVE WORKS?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Website

Technologies

Hosting & Email

Website info

Features

Security

Network

Details

Frequently asked questions