ACTIVE

GRAFIMO

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Financial year 2025 · closed on 31/12/2025

Net result

599,1 k €

+876.6% YoY

Gross margin

637,6 k €

+1721.2% YoY

Equity

1,1 M €

+128.4% YoY

What does GRAFIMO do?

GRAFIMO is a Private limited company incorporated in 1992. Its registered office is in Sint-Truiden.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0446.845.346

Incorporation

11/03/1992

Legal form

Private limited company

Registered office

Luikersteenweg 124
3800 Sint-Truiden · FlandreSee on map

Contributed capital

235 000,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	637,6 k €	+1721%	35,0 k €	+162%	13,3 k €	-59.4%	32,9 k €	-2.3%	33,6 k €	-1.9%	34,3 k €	+12.4%	30,5 k €	+3.6%	29,4 k €	+1.8%	28,9 k €	+11.3%	26,0 k €	+38.1%	18,8 k €	-9.7%	20,8 k €	-1.1%	21,1 k €	-2.9%	21,7 k €	+1.0%	21,5 k €	+5.2%	20,4 k €	+1.3%	20,1 k €	-5.9%	21,4 k €
EBITDA	634,7 k €	+2109%	28,7 k €	+294%	7,3 k €	-73.3%	27,4 k €	-3.2%	28,2 k €	-3.7%	29,3 k €	+14.4%	25,6 k €	+4.2%	24,6 k €	+1.8%	24,2 k €	+13.5%	21,3 k €	+50.8%	14,1 k €	-13.5%	16,3 k €	-1.4%	16,6 k €	-4.4%	17,3 k €	+0.9%	17,2 k €	+5.9%	16,2 k €	+1.2%	16,0 k €	-7.7%	17,4 k €
Operating result	634,7 k €	+2900%	21,2 k €	+7629%	-281,0 €	-101%	19,8 k €	-4.3%	20,7 k €	-5.0%	21,8 k €	+20.4%	18,1 k €	+6.1%	17,0 k €	+2.7%	16,6 k €	+20.9%	13,7 k €	+110%	6,5 k €	+22.1%	5,4 k €	+174%	-7,3 k €	-11.8%	-6,5 k €	-813%	912,4 €	+2174%	-44,0 €	+81.7%	-241,0 €	-122%	1,1 k €
Net result	599,1 k €	+877%	61,3 k €	+35.2%	45,4 k €	+240%	13,4 k €	-6.6%	14,3 k €	-24.5%	18,9 k €	+11.5%	17,0 k €	+12.8%	15,1 k €	+30.7%	11,5 k €	+9.2%	10,6 k €	+462%	1,9 k €	-92.3%	24,4 k €	+87886%	27,8 €	-95.8%	658,0 €	-73.5%	2,5 k €	-75.5%	10,1 k €	+5.3%	9,6 k €	+379%	2,0 k €
Balance sheet
Equity	1,1 M €	+128%	466,7 k €	+15.1%	405,4 k €	-1.1%	410,0 k €	-8.1%	446,1 k €	+11.1%	401,7 k €	+4.9%	382,8 k €	+4.6%	365,8 k €	+4.3%	350,7 k €	+3.4%	339,2 k €	+3.2%	328,7 k €	-37.6%	526,8 k €	+4.9%	502,3 k €	+0.0%	502,3 k €	+0.1%	501,6 k €	+0.5%	499,2 k €	+2.1%	489,0 k €	+2.0%	479,4 k €
Total assets	1,1 M €	+127%	471,6 k €	+16.1%	406,3 k €	-2.5%	416,6 k €	-6.8%	447,0 k €	+7.0%	417,9 k €	+3.5%	403,6 k €	-4.8%	423,9 k €	-2.2%	433,4 k €	-3.9%	450,8 k €	-4.0%	469,5 k €	-10.9%	526,8 k €	+4.7%	503,0 k €	+0.1%	502,3 k €	+0.1%	501,6 k €	+0.5%	499,2 k €	+2.1%	489,0 k €	+2.0%	479,4 k €
Cash	76,4 k €	+13.4%	67,4 k €	+47.1%	45,8 k €	-15.6%	54,3 k €	-28.8%	76,3 k €	+207%	24,9 k €	+658%	3,3 k €	-75.6%	13,4 k €	-19.1%	16,6 k €	-33.6%	25,0 k €	-26.2%	33,9 k €	-71.4%	118,7 k €	+20.5%	98,5 k €	+27.1%	77,5 k €	-49.5%	153,5 k €	+21.0%	126,8 k €	+25.5%	101,0 k €	+34.1%	75,3 k €
Debts	4,9 k €	+0.3%	4,9 k €	+420%	946,9 €	-85.7%	6,6 k €	+663%	866,6 €	-94.5%	15,7 k €	-21.6%	20,0 k €	-65.6%	58,1 k €	-29.6%	82,6 k €	-26.0%	111,6 k €	-20.7%	140,8 k €		–		655,3 €		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

Emiel Grammen

Director · since 06 décembre 2023

Active

Ended mandates

Emiel Grammen

Administrator - manager · since 26 mars 2014

Ended

Emiel Grammen

Manager · since 26 mars 2014

Ended

Emiel GRAMMEN

Director · since 26 mars 2014

Ended

Emiel Grammen

Director

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	02/07/2026	26/06/2025	17/06/2024	09/06/2023	01/07/2022	05/07/2021
General meeting	05/06/2026	06/06/2025	07/06/2024	02/06/2023	03/06/2022	04/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	05/06/2026	02/07/2026	Dutch	PDF
Micro model	31/12/2024	06/06/2025	26/06/2025	Dutch	PDF
Micro model	31/12/2023	07/06/2024	17/06/2024	Dutch	PDF
Micro model	31/12/2022	02/06/2023	09/06/2023	Dutch	PDF
Micro model	31/12/2021	03/06/2022	01/07/2022	Dutch	PDF
Micro model	31/12/2020	04/06/2021	05/07/2021	Dutch	PDF
Micro model	31/12/2019	05/06/2020	08/06/2020	Dutch	PDF
Micro model	31/12/2018	07/06/2019	11/06/2019	Dutch	PDF
Micro model	31/12/2017	01/06/2018	21/06/2018	Dutch	PDF
Micro model	31/12/2016	02/06/2017	27/06/2017	Dutch	PDF
Abridged model	31/12/2015	03/06/2016	09/06/2016	Dutch	PDF
Abridged model	31/12/2014	05/06/2015	29/06/2015	Dutch	PDF
Abridged model	31/12/2013	06/06/2014	26/06/2014	Dutch	PDF
Abridged model	31/12/2012	07/06/2013	28/06/2013	Dutch	PDF
Abridged model	31/12/2011	01/06/2012	10/07/2012	Dutch	PDF
Abridged model	31/12/2010	03/06/2011	16/06/2011	Dutch	PDF
Abridged model	31/12/2009	04/06/2010	10/07/2010	Dutch	PDF
Abridged model	31/12/2008	05/06/2009	28/07/2009	Dutch	PDF
Abridged model	31/12/2007	06/06/2008	07/08/2008	Dutch	PDF
Abridged model	31/12/2006	01/06/2007	17/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

Emiel Grammen

Director · since 06 décembre 2023

Active

Ended mandates

Emiel Grammen

Administrator - manager · since 26 mars 2014

Ended

Emiel Grammen

Manager · since 26 mars 2014

Ended

Emiel GRAMMEN

Director · since 26 mars 2014

Ended

Emiel Grammen

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office30/06/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates08/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Other28/04/2014
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Capital / shares24/10/2013
KAPITAAL - AANDELEN
PDF
Mandates07/10/2013
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares31/01/2013
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates11/08/2008
ONTSLAGEN - BENOEMINGEN
PDF
Registered office30/11/2005
MAATSCHAPPELIJKE ZETEL
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025599,1 k €↑
2024
Annual accounts 202461,3 k €↑
2023
Annual accounts 202345,4 k €↑
2022
Annual accounts 202213,4 k €↓
2021
Annual accounts 202114,3 k €↓
2018
Annual accounts 201818,9 k €↑
2017
Annual accounts 201717,0 k €↑
2016
Annual accounts 201615,1 k €↑
2015
Annual accounts 201511,5 k €↑
2014
Annual accounts 201410,6 k €↑
2013
Annual accounts 20131,9 k €↓
2012
Annual accounts 201224,4 k €↑
2011
Annual accounts 201127,8 €↓
2010
Annual accounts 2010658,0 €↓
2009
Annual accounts 20092,5 k €↓
2008
Annual accounts 200810,1 k €↑
2007
Annual accounts 20079,6 k €↑
2006
Annual accounts 20062,0 k €
11/03/1992
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

GRAFIMO

Overview

What does GRAFIMO do?

Trend over 18 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline