GEORGETTE
The computed 12-month bankruptcy probability of GEORGETTE is 2.3% (moderate). The 2024 annual accounts show equity of €6k and a net result of €-24k. Equity is shrinking by ~33% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 47% of 1734 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €6k |
| Net result | €-24k |
| Staff (FTE) | 0.5 |
| Better than sector | 47% |
Fragile profile, watch profitability in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 11.9% | 14.9% | |
| Net result | €-24k | €1k | |
| Equity | €6k | €5k | |
| Gross operating margin | €-4k | €16k | |
| Staff costs | €10k | €26k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-16k |
| Net profit | €-24k |
| Cash flow | €-20k |
| Staff costs | €10k |
| Income taxes | €0 |
| Dividends | - |
| Total assets | €53k |
| Equity | €6k |
| Debt | €47k |
| of which ≤ 1y | €16k |
| of which > 1y | €31k |
| Working capital | €4k |
| Employees (FTE) | 0.5 |
| 2024 | |
|---|---|
| Current ratio | 1.27 |
| Quick ratio | 0.77 |
| Working capital ratio | 8.0% |
| Solvency | 11.9% |
| Debt / equity | 7.42 |
| Long-term debt ratio | 4.90 |
| Interest coverage | -3.75 |
| Gross margin | - |
| Net margin | - |
| ROA | -45.2% |
| ROE | -380.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €53k |
| Fixed assets | 21/28 | €33k |
| Tangible fixed assets | 22/27 | €29k |
| Financial fixed assets | 28 | €4k |
| Current assets | 29/58 | €20k |
| Stocks & contracts in progress | 3 | €8k |
| Amounts receivable within one year | 40/41 | €3k |
| Cash & bank | 54/58 | €8k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €53k |
| Equity | 10/15 | €6k |
| Contributions / capital | 10/11 | €18k |
| Accumulated profits (losses) | 14 | €-12k |
| Amounts payable | 17/49 | €47k |
| Amounts payable after one year | 17 | €31k |
| Amounts payable within one year | 42/48 | €16k |
| Trade debts payable within one year | 44 | €473 |
| Income statement | ||
| Gross operating margin | 9900 | €-4k |
| Operating result | 9901 | €-20k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €4k |
| Result before taxes | 9903 | €-24k |
| Income taxes | 67/77 | €0 |
| Net result for the period | 9904 | €-24k |
| Result to be appropriated | 9905 | €-24k |
| NACE primary | Personal services(96210) |
| Legal form | Private limited company(610) |
| Incorporation | 14-01-2022 |
| Status | Active |
| Postal code | 4960 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63049C0386/00A000 | Wallonia | 206 m² | 1 · 96 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
27-06-2024 Registered office moved within MALMEDY
- PLACE DU PONT NEUF 5, 4960 MALMEDY → RUE DU COMMERCE 24, 4960 MALMEDY
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "RUE DU COMMERCE 24, 4960 MALMEDY",
"city": "MALMEDY",
"region": "waals_gewest",
"street": "RUE DU COMMERCE",
"country": "BE",
"postcode": "4960",
"box_number": null,
"street_number": "24",
"locality_suffix": null
},
"old_address": {
"raw": "PLACE DU PONT NEUF 5, 4960 MALMEDY",
"city": "MALMEDY",
"region": "waals_gewest",
"street": "PLACE DU PONT NEUF",
"country": "BE",
"postcode": "4960",
"box_number": null,
"street_number": "5",
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": null,
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Verviers",
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2024-06-27",
"filing_date": null,
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "algemene_vergadering",
"date": "2024-05-17",
"unanimous": null
},
"subject_company": {
"kbo": "0780.494.464",
"name_full": "GEORGETTE",
"legal_form": "SRL",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "FANNY LECOQ",
"org_rep_person_name": null,
"person_role_at_subject": "ADMINISTRATEUR"
},
"co_filed_documents": []
}28-12-2023 Frédérich Sophie resigns as director
- Frédérich Sophie, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "administrateur",
"person": {
"rrn": null,
"name": "Fr\u00E9d\u00E9rich Sophie",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "de_plein_droit_dissolution",
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2023-10-24",
"evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale approuve \u00E0 l\u0027unanimit\u00E9 la d\u00E9mission de Madame Fr\u00E9d\u00E9rich Sophie au poste d\u0027administrateur et ce en date du 24 octobre 2023.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2023-12-28",
"filing_date": "2023-10-24",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2023-10-24",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0780.494.464",
"name_full": "GEORGETTE",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Lecoq Chlo\u00E9",
"org_rep_person_name": null,
"person_role_at_subject": "Administrateur"
},
"co_filed_documents": [
"PV d\u0027AGE du 24 octobre 2023"
],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | GEORGETTE |