ACTIVE

GRAVICONCEPT

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Financial year 2025 · Closed on 31/12/2025

Net result169,8 k €+308,8 %over 1 year

Gross margin599,7 k €+57,2 %over 1 year

Equity800,8 k €+6,6 %over 1 year

Workforce3,2 ETP+3,2 %over 1 year

Identity

Source · BCE/KBO

GRAVICONCEPT is a Public limited company incorporated in 2007. Its main activity is: Manufacture of instruments and appliances for measuring, testing and navigation. Its registered office is in Herstal. It employs on average 3,2 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0892.571.036
Incorporation: 05/10/2007
Legal form: Public limited company
Registered office: Rue de Hermée 177
4040 Herstal · WallonieSee on map
Contributed capital: 100 000,00 €
Latest accounts: 31/12/2025
Average workforce: 3,2 ETP

Activities (NACE)

26510Manufacture of instruments and appliances for measuring, testing and navigation· main 26510Manufacture of instruments and appliances for measuring, testing and navigation 28292Manufacture of other general-purpose machinery n.e.c.28292Manufacture of other general-purpose machinery n.e.c.29242Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers 46140Agents involved in the sale of machinery, industrial equipment, ships and aircraft+8

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 18 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	599,7 k €	+57.2%	381,5 k €	-6.6%	408,4 k €	-21.5%	520,1 k €	+29.9%	400,2 k €
EBITDA	264,3 k €	+229%	80,2 k €	-31.4%	117 k €	-53.1%	249,2 k €	+74.3%	143 k €
Operating result	219,6 k €	+506%	36,2 k €	-50.7%	73,5 k €	-66.4%	218,8 k €	+98.3%	110,4 k €
Net result	169,8 k €	+309%	41,5 k €	-33.7%	62,6 k €	-62.2%	165,8 k €	+69.2%	98 k €
Balance sheet
Equity	800,8 k €	+6.6%	751 k €	+2.8%	730,9 k €	+4.7%	698,3 k €	+14.0%	612,5 k €
Total assets	1,3 M €	+14.6%	1,1 M €	+16.2%	963,8 k €	-4.8%	1 M €	+11.8%	905,5 k €
Cash	437,3 k €	+88.2%	232,4 k €	-39.0%	381,1 k €	+1.4%	375,7 k €	+48.2%	253,5 k €
Debts	481,9 k €	+30.7%	368,7 k €	+58.4%	232,8 k €	-25.6%	312,9 k €	+6.8%	293 k €
Other
Workforce	3,2 ETP	+3.2%	3,1 ETP	-8.8%	3,4 ETP	-5.6%	3,6 ETP	+12.5%	3,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 12 ended

Active mandates

Olivier Schimanski

Managing director · since 22 décembre 2025 · until 30 juin 2029

Active

Valérie Charles

Director · since 24 novembre 2023 · until 30 juin 2029

Active

Didier Schiltz

Managing director · until 30 juin 2026

Active

Serge Kartheuser

Managing director · until 30 juin 2029

Active

Ended mandates

Office Financier Immobilier

Managing director · since 03 octobre 2007 · until 15 mai 2014 · 0403.315.112

Represented by Didier Schiltz

Ended

Serge Kartheuser

Managing director · since 03 octobre 2007 · until 15 mai 2014

Ended

Didier Schiltz

Managing director · until 15 mai 2020

Ended

Didier Schiltz

Managing director · until 30 juin 2029

Ended

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	24/06/2026	26/06/2025	24/06/2024	08/06/2023	02/06/2022	25/06/2021
General meeting	16/06/2026	17/06/2025	18/06/2024	09/05/2023	10/05/2022	11/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 18 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	16/06/2026	24/06/2026	French	PDF
Abridged model	31/12/2024	17/06/2025	26/06/2025	French	PDF
Abridged model	31/12/2023	18/06/2024	24/06/2024	French	PDF
Abridged model	31/12/2022	09/05/2023	08/06/2023	French	PDF
Abridged model	31/12/2021	10/05/2022	02/06/2022	French	PDF
Abridged model	31/12/2020	11/05/2021	25/06/2021	French	PDF
Abridged model	31/12/2019	12/05/2020	25/06/2020	French	PDF
Abridged model	31/12/2018	14/05/2019	20/06/2019	French	PDF
Abridged model	31/12/2017	08/05/2018	06/07/2018	French	PDF
Abridged model	31/12/2016	09/05/2017	30/06/2017	French	PDF
Abridged model	31/12/2015	10/05/2016	24/06/2016	French	PDF
Abridged model	31/12/2014	12/05/2015	25/06/2015	French	PDF
Abridged model	31/12/2013	13/05/2014	08/07/2014	French	PDF
Abridged model	31/12/2012	14/05/2013	21/06/2013	French	PDF
Abridged model	31/12/2011	08/05/2012	12/07/2012	French	PDF
Abridged model	31/12/2010	10/05/2011	06/07/2011	French	PDF
Abridged model	31/12/2009	11/05/2010	02/07/2010	French	PDF
Abridged model	31/12/2008	12/05/2009	04/06/2009	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 12 ended

Active mandates

Olivier Schimanski

Managing director · since 22 décembre 2025 · until 30 juin 2029

Active

Valérie Charles

Director · since 24 novembre 2023 · until 30 juin 2029

Active

Didier Schiltz

Managing director · until 30 juin 2026

Active

Serge Kartheuser

Managing director · until 30 juin 2029

Active

Ended mandates

Office Financier Immobilier

Managing director · since 03 octobre 2007 · until 15 mai 2014 · 0403.315.112

Represented by Didier Schiltz

Ended

Serge Kartheuser

Managing director · since 03 octobre 2007 · until 15 mai 2014

Ended

Didier Schiltz

Managing director · until 15 mai 2020

Ended

Didier Schiltz

Managing director · until 30 juin 2029

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates13/02/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates04/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates27/11/2014
DEMISSIONS, NOMINATIONS
PDF
Registered office08/05/2013
SIEGE SOCIAL
PDF
Other09/10/2007
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
PDF

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

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Timeline

2025
Annual accounts 2025169,8 k €↑
2024
Annual accounts 202441,5 k €↓
2023
Annual accounts 202362,6 k €↓
2022
Annual accounts 2022165,8 k €↑
2021
Annual accounts 202198 k €↑
2020
Annual accounts 202060,4 k €↓
2019
Annual accounts 201998,8 k €↓
2018
Annual accounts 2018181,6 k €↑
2017
Annual accounts 201712,6 k €↓
2016
Annual accounts 201679 k €↓
2015
Annual accounts 201582,2 k €↑
2014
Annual accounts 201426,2 k €↑
2013
Annual accounts 201315,2 k €↓
2012
Annual accounts 201220 k €↓
2011
Annual accounts 201175,6 k €↑
2010
Annual accounts 201060,6 k €↑
2009
Annual accounts 200946,3 k €↓
2008
Annual accounts 200855,2 k €
05/10/2007
IncorporationPublic limited company

GRAVICONCEPT

Overview

Identity

Financials

Valuation

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

Timeline