Equity
GERIMMO has made a profit without a break since 2017.
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In July 2024, 17,041 companies had the same profile as GERIMMO has now. Each dot stands for 43 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,041 companies, not a prediction for GERIMMO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
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| Company | ||||
|---|---|---|---|---|
| GERIMMO Aartselaar | €63,919 | €10,442 | 70.6% | - |
| Coupures de Presse Binche | €69,714 | €10,255 | 88.5% | - |
| CRIDEX Ixelles | €57,565 | €8,673 | 45.6% | - |
| G.K.W. Arendonk | €93,462 | €11,254 | 64.1% | - |
| Brunswick Schilde | €80,317 | €15,779 | -11.7% | - |
| JIMMY TRADING INTERNATIONAL Vorselaar | €55,373 | €8,075 | 82.6% | - |
| Thomas Bernard Kubitz Zoersel | €53,426 | €11,401 | 99.4% | - |
These companies have the same main activity as GERIMMO: agents in non-specialised wholesale trade (NACE 46190). They are comparable in size and age: total assets between €53,400 and €93,500, founded between 1991 and 2001.
GERIMMO files the micro format. That format states no turnover. The gross margin fell from €18,315 in 2006 to €10,442 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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