GEORGIO
ActiveThe computed 12-month bankruptcy probability of GEORGIO is 1.8% (moderate). The 2025 annual accounts show equity of €35k and a net result of €-5k. Equity is growing by ~18% per year across the filed fiscal years. Its solvency ranks better than 73% of 10345 sector peers (fiscal year 2025). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability16▼-63
Solvency86▲+5
Growth57▼-17
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.06 against 1.94 in 2024; short-term debt: 39.4% and cash: 65.7% of total assets), and 39.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
60.6%
Return on assets
-8.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
30 d late
2023
26 d late
2022
65 d late
2021
53 d early
2020
47 d early
2019
112 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€85k▼ 7.3%
2020 · €92k
2018: €64k
2019: €104k
2020: €92k
2018 → 2021
EBIT margin
3.9%▼ 10.0pp
2020 · 13.9%
2018: 0.4%
2019: -2.6%
2020: 13.9%
2018 → 2021
Net result
€-5k
2024 · €12k
2018: €200
2019: €-3k
2020: €13k
2021: €2k
2022: €3k
2023: €4k
2024: €12k
2018 → 2025
Working capital
€24k▼ 16.9%
2024 · €29k
2018: €-1k
2019: €-11k
2020: €5k
2021: €10k
2022: €13k
2023: €17k
2024: €29k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€85k-
Equity€21k-€24k▲ 16.9%€28k▲ 17.6%€40k▲ 41.8%€35k▼ 12.2%
Operating result€3k-€5k▲ 42.1%€5k▲ 15.6%€15k▲ 176%€-5k
Net result€2k-€3k▲ 45.8%€4k▲ 21.5%€12k▲ 180%€-5k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5k after €15k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €58k
Fixed assets
€11k▲ 0.1%
Current assets
€47k▼ 21.7%
Equity and liabilities €58k
Equity
€35k▼ 12.2%
Debt
€23k▼ 26.3%
The debt ratio falls from 43.7% to 39.4%. Equity and debt are lower.
Key figures and ratios
Solvency
60.6%▲
2024 · 56.3%
Current ratio
2.06▲
2024 · 1.94
Quick ratio
1.99▲
2024 · 1.92
Debt / equity
0.65▼
2024 · 0.77
ROE
-13.9%▼
2024 · 29.5%
ROA
-8.4%▼
2024 · 16.6%
Debt
€23k▼
2024 · €31k
Debt ≤ 1 year
€23k▼
2024 · €31k
Income taxes
€103▼
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€71k€58k▼
Fixed assets21/28€11k€11k▲
Financial fixed assets28€11k€11k▲
Current assets29/58€60k€47k▼
Stocks and contracts in progress3€602€2k▲
Stocks30/36€602€2k▲
Amounts receivable within one year40/41€13k€7k▼
Trade receivables40€13k€7k▼
Other amounts receivable41€414€414=
Cash at bank and in hand54/58€46k€38k▼
Equity and liabilities
Total equity and liabilities10/49€71k€58k▼
Equity10/15€40k€35k▼
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Profit (loss) carried forward14€21k€17k▼
Amounts payable17/49€31k€23k▼
Amounts payable within one year42/48€31k€23k▼
Trade debts44€17k€17k▲
Suppliers440/4€17k€17k▲
Taxes, remuneration and social security45€11k€6k▼
Taxes450/3€4k€783▼
Remuneration and social security454/9€7k€5k▼
Other amounts payable47/48€3k-
Income statement
Code20242025
Non-recurring operating income76A€2k-
Other operating charges640/8€1k€1k▼
Gross operating margin9900€16k€-3k▼
Operating profit (loss)9901€15k€-5k▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€56€147▲
Recurring financial charges65€56€147▲
Profit (loss) for the period before taxes9903€15k€-5k▼
Income taxes67/77€3k€103▼
Profit (loss) for the period9904€12k€-5k▼
Profit (loss) for the period to be appropriated9905€12k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€17k▼
Profit (loss) brought forward from the previous period14P€10k€21k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-5k ▼141%
Net result drops to €-5k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
04-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 65 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 3.92
Current ratio from 1.79 to 3.92; short-term debt falls from €12k to €5k.
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.27
Current ratio from 0.51 to 1.27; short-term debt falls from €22k to €17k.
20-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 112 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 61 days late
2018
01-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 62 days late
2016
11-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Schaarbeek · 2 establishment units since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Richard Vandeveldestraat 24B1030 SchaarbeekGround area
405 m²
Building footprint
323 m²
Volume, LiDAR
4,956 m³
2 parcels, Brussels · tallest building 18.0 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
Passiflora
since 20072.163.977.948
PASSIFOLRA
since 20192.285.654.847
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21902A0309/00T002 | Brussels | 286 m² | 1 · 237 m² | 18.0 m · 6 fl. |
| 21673D0151/00Z009 | Brussels | 120 m² | 1 · 87 m² | 15.6 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
kirstenbosch
BE 0859.615.681
Oostende · Eq €35k
FORTUNAS
BE 0841.358.501
Mouscron · Eq €35k
HET BOEKETHUIS
BE 1021.957.752
Schelle · Eq €35k
BENGALE BY ELOISE
BE 1012.952.291
Leuze-en-Hainaut · Eq €35k
Rozen en Bottels
BE 0734.445.990
Schilde · Eq €34k
Of 3,387 companies in sector 47761 we hold annual accounts for 1,156. 737 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-05-2007
Fiscal year end31-12
Activities, NACEBEL
47761Retail sale of flowers, plants, seeds and fertilisers
52483
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.