GERMANI
The computed 12-month bankruptcy probability of GERMANI is 0.7% (low). The 2024 annual accounts show equity of €116k and a net result of €-14k. Equity is growing by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 49% of 6670 sector peers (fiscal year 2024). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €116k |
| Net result | €-14k |
| Better than sector | 49% |
| Active | 26 yrs |
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 | 19.8% | 20.3% | |
| Net result | €-14k | €4k | |
| Equity | €116k | €16k | |
| Gross operating margin | €40k | €24k | |
| Total assets | €589k | €94k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €37k |
| Net profit | €-14k |
| Cash flow | €24k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €589k |
| Equity | €116k |
| Debt | €472k |
| of which ≤ 1y | €204k |
| of which > 1y | €269k |
| Working capital | €-161k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.21 |
| Quick ratio | 0.21 |
| Working capital ratio | -27.3% |
| Solvency | 19.8% |
| Debt / equity | 4.06 |
| Long-term debt ratio | 2.31 |
| Interest coverage | 2.80 |
| Gross margin | - |
| Net margin | - |
| ROA | -2.4% |
| ROE | -12.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €589k |
| Fixed assets | 21/28 | €546k |
| Tangible fixed assets | 22/27 | €546k |
| Current assets | 29/58 | €43k |
| Stocks & contracts in progress | 3 | €1k |
| Amounts receivable within one year | 40/41 | €28k |
| Cash & bank | 54/58 | €14k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €589k |
| Equity | 10/15 | €116k |
| Contributions / capital | 10/11 | €20k |
| Accumulated profits (losses) | 14 | €-64k |
| Amounts payable | 17/49 | €472k |
| Amounts payable after one year | 17 | €269k |
| Amounts payable within one year | 42/48 | €204k |
| Income statement | ||
| Gross operating margin | 9900 | €40k |
| Operating result | 9901 | €-1k |
| Financial charges | 65 | €13k |
| Result before taxes | 9903 | €-14k |
| Net result for the period | 9904 | €-14k |
| Result to be appropriated | 9905 | €-14k |
| NACE primary | Retail trade(47551) |
| Legal form | Private limited company(610) |
| Incorporation | 25-01-2000 |
| Status | Active |
| Postal code | 2440 |
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. |
|---|---|---|---|---|
| 13373K0887/00D002 | Flanders | 665 m² | 1 · 124 m² | 0.0 m |
| 13374F0645/00R000 | Flanders | 119 m² | 1 · 102 m² | 15.7 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
19-09-2024 1 director appointed, 1 resigning
- Gert VERHESEN, Bestuurder
- VERHESEN Gert, Zaakvoerder
Technical details
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"name": "BOEKHOUDKANTOOR VERHESEN BV",
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"notary": {
"name": "Philippe COLSON",
"firm_city": null,
"firm_name": "Benijts \u0026 Colson",
"office_city": "Geel",
"is_associated": true
},
"act_meta": {
"language": "nl",
"pub_date": "2024-09-19",
"filing_date": "2024-09-17",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
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],
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"subject_company": {
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"name_full": "GERMANI",
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},
"co_filed_documents": [
"expeditie van de akte",
"geco\u00F6rdineerde statuten",
"verslag bestuursorgaan \u201Cwijziging voorwerp\u201D"
],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | GERMANI |