germaine
Activegermaine has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30k and a net result of €-4k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 60% of 1895 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability8▼-82
Solvency91▲+19
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.55 against 1.9 in 2024; short-term debt: 33.9% and cash: 27.9% of total assets), and 33.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Sector 63
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
66.1%
Return on assets
-8.5%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 17-12-2025, 45 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
45 d early
2024
28 d late
2023
11 d late
2022
on the day
2021
3 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close18-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€30k▼ 11.5%
2024 · €33k
2021: €32k
2022: €33k
2023: €33k
2024: €33k
2021 → 2025
Total assets
€45k▼ 37.4%
2024 · €71k
2021: €50k
2022: €48k
2023: €73k
2024: €71k
2021 → 2025
Net result
€-4k
2024 · €12k
2021: €26k
2022: €2k
2023: €10k
2024: €12k
2021 → 2025
Working capital
€23k▼ 25.1%
2024 · €31k
2021: €28k
2022: €27k
2023: €28k
2024: €31k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€32k-€33k▲ 5.1%€33k=€33k=€30k▼ 11.5%
Operating result€38k-€4k▼ 89.5%€13k▲ 230%€16k▲ 23.1%€-4k
Net result€26k-€2k▼ 93.7%€10k▲ 518%€12k▲ 18.2%€-4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €4k after €16k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €45k
Fixed assets
€6k▲ 18.8%
Current assets
€39k▼ 41.7%
Equity and liabilities €45k
Equity
€30k▼ 11.5%
Debt
€15k▼ 60.1%
The debt ratio falls from 53.3% to 33.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-621▼
2024 · €19k
Cash flow
€-886▼
2024 · €15k
Solvency
66.1%▲
2024 · 46.7%
Current ratio
2.55▲
2024 · 1.90
Quick ratio
2.55▲
2024 · 1.90
Debt / equity
0.51▼
2024 · 1.14
ROE
-12.9%▼
2024 · 35.6%
ROA
-8.5%▼
2024 · 16.6%
Interest coverage
-2.34▼
2024 · 475.65
Debt
€15k▼
2024 · €38k
Debt ≤ 1 year
€15k▼
2024 · €35k
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€45k▼
Fixed assets21/28€5k€6k▲
Tangible fixed assets22/27€5k€6k▲
Furniture and vehicles24€5k€6k▲
Current assets29/58€66k€39k▼
Amounts receivable within one year40/41€11k€26k▲
Trade receivables40€9k€19k▲
Other amounts receivable41€2k€7k▲
Cash at bank and in hand54/58€55k€12k▼
Equity and liabilities
Total equity and liabilities10/49€71k€45k▼
Equity10/15€33k€30k▼
Contributions10/11€6k€6k=
Reserves13€27k€27k=
Distributable reserves133€27k€27k=
Profit (loss) carried forward14-€-4k
Amounts payable17/49€38k€15k▼
Amounts payable within one year42/48€35k€15k▼
Trade debts44€330€5k▲
Suppliers440/4€330€5k▲
Taxes, remuneration and social security45€10k€10k▲
Taxes450/3€10k€10k▲
Other amounts payable47/48€25k-
Accrued charges and deferred income492/3€3k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€11k
Other operating charges640/8€327€144▼
Gross operating margin9900€19k€11k▼
Operating profit (loss)9901€16k€-4k▼
Financial charges65/66B€40€265▲
Recurring financial charges65€40€265▲
Profit (loss) for the period before taxes9903€16k€-4k▼
Income taxes67/77€4k-
Profit (loss) for the period9904€12k€-4k▼
Profit (loss) for the period to be appropriated9905€12k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€12k€-4k▼
Profit to be distributed694/7€12k-
Return on contributions (dividend)694€12k-
The notes to these accounts (6 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
2025
17-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Weakest financial yearnet €-4k ▼132%
Net result drops to €-4k, the lowest in the series.
28-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
11-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 11 days late
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Gent · 1 establishment unit since 2020
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.
Heerweg-Noord 149052 GentGround area
740 m²
Building footprint
173 m²
Parcel 44082B0311/00N013, Flanders. Linked by address, not a title deed.
1 establishment unit
germaine
since 20202.300.291.751
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44082B0311/00N013 | Flanders | 740 m² | 1 · 173 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
Cloudpepper
BE 0804.323.604
Etterbeek · Eq €29k
WAVEBYTES
BE 0641.701.817
Diksmuide · Eq €30k
Ad Meliora
BE 0791.645.110
Kortrijk · Eq €29k
IDEARTé
BE 0509.983.735
Sint-Truiden · Eq €29k
PHILING & Co
BE 0524.944.697
Le Roeulx · Eq €30k
Of 2,729 companies in sector 63100 we hold annual accounts for 1,273. 839 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-02-2020
Fiscal year end30-06
Activities, NACEBEL
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.