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GERPIDIS

Active
Public limited companyfounded 20233 yrs activeChaussée de Philippeville(GER) 196, 6280 Gerpinnes, BelgiumKBO/BCE: BE 0802.039.451
Summary

The computed 12-month bankruptcy probability of GERPIDIS is 1.8% (moderate). The annual accounts of GERPIDIS for fiscal year 2025 show a net loss of 66% of the equity at the start of that year. The 2025 annual accounts show equity of €83,435 and a net result of -€165,051. Its solvency ranks better than 13% of 4209 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability43▼-2
Solvency26▼-2
Growth32
Track record94
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.08 against 1.05 in 2024; short-term debt: 47.7% and cash: 21.9% of total assets), and 98.8% of the assets are financed with debt.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
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
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
2425
2024 to 2025 · latest year -€165,051
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 4209 sector peers (2025).
NBB · sector comparison
Position among 4209 sector peers
Solvency
better than 13%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
7 d late
2024
30 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 19 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (2)
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 months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 24 May 2023, GERPIDIS was incorporated as a Public limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€165,051▼ 25.4%
2024 · -€131,610
Working capital
€267,291▲ 80.1%
2024 · €148,388
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result€197,799-€161,342▼ 18.4%
Net result-€131,610--€165,051▼ 25.4%
Equity€248,486-€83,435▼ 66.4%
Total assets€7.3m-€6.9m▼ 5.2%
Debt€7.0m-€6.8m▼ 3.0%
Working capital€148,388-€267,291▲ 80.1%
Staff (FTE)32.7-32.7=
Why a figure moved sharply
  • 2025 Equity -66% on 2024. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
-€200,000-€100,000€0€100,000€200,000Operating result 2024: €197,799€197,799Net result 2024: -€131,610-€131,610Operating result 2025: €161,342€161,342Net result 2025: -€165,051-€165,05120242025-€200,000-€100,000€0€100,000€200,000Operating result 2024: €197,799€198,000Net result 2024: -€131,610-€132,000Operating result 2025: €161,342€161,000Net result 2025: -€165,051-€165,00020242025
The operating result falls in 2025; 2025 is 18% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.8m
Fixed assets €3.3m ▼ 15.4%
Current assets €3.6m ▲ 7.3%
Equity and liabilities €6.9m
Equity €83,435 ▼ 66.4%
Debt €6.8m ▼ 3.0%
Debt's share of the balance-sheet total rises from 96.6% to 98.8%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€923,637▼
2024 · €1.2m
Cash flow
€597,243▼
2024 · €831,427
Current ratio
1.08▲
2024 · 1.05
Quick ratio
0.81▼
2024 · 0.84
Debt to equity
81.86▲
2024 · 28.34
ROE
-197.8%▼
2024 · -53.0%
ROA
-2.4%▼
2024 · -1.8%
Interest coverage
3.26▼
2024 · 3.36
Debt ≤ 1 year
€3.3m▲
2024 · €3.2m
Debt > 1 year
€3.5m▼
2024 · €3.7m
Income taxes
€852▲
2024 · €501
Staff costs
€2.2m▼
2024 · €3.4m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 865 companies that looked in July 2024 the way this one looks now, 1.3% went bankrupt within 24 months and 97% are still going.

  • Small
  • 2 to 5 years old
  • solvency under 10%
  • a small loss
1.3% went bankrupt
1.6% stopped otherwise
97% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 865 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 58 lines
Balance sheet Code20242025
Assets
Total assets20/58€7.3m€6.9m▼
Formation expenses20€120,703€91,856▼
Fixed assets21/28€3.8m€3.3m▼
Intangible fixed assets21€1.1m€881,293▼
Tangible fixed assets22/27€2.8m€2.4m▼
Plant, machinery and equipment23€1.8m€1.5m▼
Furniture and vehicles24€331,328€322,234▼
Other tangible fixed assets26€633,267€561,742▼
Current assets29/58€3.3m€3.6m▲
Amounts receivable after more than one year29€412,265€412,265=
Other amounts receivable291€412,265€412,265=
Stocks and contracts in progress3€646,007€891,912▲
Stocks30/36€646,007€891,912▲
Amounts receivable within one year40/41€595,306€598,097▲
Trade receivables40€465,674€25,742▼
Other amounts receivable41€129,633€572,354▲
Cash at bank and in hand54/58€1.6m€1.5m▼
Deferred charges and accrued income490/1€102,514€149,322▲
Equity and liabilities
Total equity and liabilities10/49€7.3m€6.9m▼
Equity10/15€248,486€83,435▼
Contributions10/11€380,095€380,095=
Capital10€380,095€380,095=
Issued capital100€380,095€380,095=
Profit (loss) carried forward14-€131,610-€296,661▼
Amounts payable17/49€7.0m€6.8m▼
Amounts payable after more than one year17€3.7m€3.5m▼
Financial debts170/4€3.7m€3.5m▼
Amounts payable within one year42/48€3.2m€3.3m▲
Current portion of amounts payable after more than one year42€554,772€723,966▲
Financial debts43€832,000€157,741▼
Credit institutions430/8-€157,741
Other loans439€832,000€0▼
Trade debts44€1.4m€2.1m▲
Suppliers440/4€1.4m€2.1m▲
Taxes, remuneration and social security45€355,191€338,050▼
Taxes450/3€13,795€1,353▼
Remuneration and social security454/9€341,395€336,697▼
Other amounts payable47/48€10€10=
Accrued charges and deferred income492/3€157,333€35,635▼
Income statement Code20242025
Non-recurring operating income76A€1.2m€185,471▼
Remuneration, social security and pensions62€3.4m€2.2m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€963,037€762,294▼
Other operating charges640/8€66,589€58,417▼
Non-recurring operating charges66A€60€5,350▲
Gross operating margin9900€4.7m€3.2m▼
Operating profit (loss)9901€197,799€161,342▼
Financial income75/76B€16,468€38,709▲
Recurring financial income75€16,468€38,709▲
Financial charges65/66B€345,375€364,250▲
Recurring financial charges65€345,375€283,084▼
Non-recurring financial charges66B-€81,166
Profit (loss) for the period before taxes9903-€131,108-€164,199▼
Income taxes67/77€501€852▲
Profit (loss) for the period9904-€131,610-€165,051▼
Profit (loss) for the period to be appropriated9905-€131,610-€165,051▼
Appropriation of the result
Profit (loss) to be appropriated9906-€131,610-€296,661▼
Profit (loss) brought forward from the previous period14P--€131,610
Social balance
Average headcount (FTE)908732.732.7=

The notes to these accounts (26 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Non-recurring operating income76A€1.2m€185,471▼ 85.1%
Remuneration, social security and pensions62€3.4m€2.2m▼ 36.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€963,037€762,294▼ 20.8%
Other operating charges640/8€66,589€58,417▼ 12.3%
Non-recurring operating charges66A€60€5,350▲ 8,816%
Gross operating margin9900€4.7m€3.2m▼ 32.1%
Operating profit (loss)9901€197,799€161,342▼ 18.4%
Financial income75/76B€16,468€38,709▲ 135%
Recurring financial income75€16,468€38,709▲ 135%
Financial charges65/66B€345,375€364,250▲ 5.5%
Recurring financial charges65€345,375€283,084▼ 18.0%
Non-recurring financial charges66B-€81,166-
Profit (loss) for the period before taxes9903-€131,108-€164,199▼ 25.2%
Income taxes67/77€501€852▲ 70.0%
Profit (loss) for the period9904-€131,610-€165,051▼ 25.4%
Profit (loss) for the period to be appropriated9905-€131,610-€165,051▼ 25.4%
Line20242025Change
Assets
Total assets20/58€7.3m€6.9m▼ 5.2%
Formation expenses20€120,703€91,856▼ 23.9%
Fixed assets21/28€3.8m€3.3m▼ 15.4%
Intangible fixed assets21€1.1m€881,293▼ 18.0%
Tangible fixed assets22/27€2.8m€2.4m▼ 14.4%
Plant, machinery and equipment23€1.8m€1.5m▼ 17.6%
Furniture and vehicles24€331,328€322,234▼ 2.7%
Other tangible fixed assets26€633,267€561,742▼ 11.3%
Current assets29/58€3.3m€3.6m▲ 7.3%
Amounts receivable after more than one year29€412,265€412,265=
Other amounts receivable291€412,265€412,265=
Stocks and contracts in progress3€646,007€891,912▲ 38.1%
Stocks30/36€646,007€891,912▲ 38.1%
Amounts receivable within one year40/41€595,306€598,097▲ 0.5%
Trade receivables40€465,674€25,742▼ 94.5%
Other amounts receivable41€129,633€572,354▲ 342%
Cash at bank and in hand54/58€1.6m€1.5m▼ 3.3%
Deferred charges and accrued income490/1€102,514€149,322▲ 45.7%
Equity and liabilities
Total equity and liabilities10/49€7.3m€6.9m▼ 5.2%
Equity10/15€248,486€83,435▼ 66.4%
Contributions10/11€380,095€380,095=
Capital10€380,095€380,095=
Issued capital100€380,095€380,095=
Profit (loss) carried forward14-€131,610-€296,661▼ 125%
Amounts payable17/49€7.0m€6.8m▼ 3.0%
Amounts payable after more than one year17€3.7m€3.5m▼ 5.8%
Financial debts170/4€3.7m€3.5m▼ 5.8%
Amounts payable within one year42/48€3.2m€3.3m▲ 3.9%
Current portion of amounts payable after more than one year42€554,772€723,966▲ 30.5%
Financial debts43€832,000€157,741▼ 81.0%
Credit institutions430/8-€157,741-
Other loans439€832,000€0▼ 100%
Trade debts44€1.4m€2.1m▲ 45.1%
Suppliers440/4€1.4m€2.1m▲ 45.1%
Taxes, remuneration and social security45€355,191€338,050▼ 4.8%
Taxes450/3€13,795€1,353▼ 90.2%
Remuneration and social security454/9€341,395€336,697▼ 1.4%
Other amounts payable47/48€10€10=
Accrued charges and deferred income492/3€157,333€35,635▼ 77.4%
Line20242025Change
Profit (loss) for the period9904-€131,610-€165,051▼ 25.4%
+ Depreciation and write-downs630€963,037€762,294▼ 20.8%
Operating cash flow (approximation)€831,427€597,243▼ 28.2%
Investment in fixed assets (approximation)--€171,193-
Change in cash--€52,317-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
07-08
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 7 days late
2025
30-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 30 days late
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 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, Gerpinnes · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
1.1 ha
Building footprint
3,318 m²
Parcel 52025A0328/00V016, Wallonia. Linked by address, not a title deed.
1 establishment unit
GERPIDIS
Chaussée de Philippeville(GER) 196, 6280 GerpinnesManufacture of food products
since 20232.345.478.410
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
52025A0328/00V016 Wallonia 1.1 ha 1 · 3,318 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. BEVIMAPY 99.98%
  2. GERPIDIS

Highest known parent: BEVIMAPY. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Gerpinnes2.345.478.410
4 permissions
Toelating · Bakkerij · since 03-07-2023
Toelating · Detailhandel met verwerking · since 03-07-2023
Toelating · Viswinkel · since 03-07-2023
and 1 more

Similar companies · same sector, comparable size

Of 10,510 companies in sector 47110 we hold annual accounts for 5,850. 4,685 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded24-05-2023
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
46389Wholesale of other food products
47221Retail sale of meat and meat products, excluding game and poultry
47222Retail trade
47241Retail sale of bread and pastry (bakery outlets)
56112Limited-service restaurants, excluding mobile food services
56210Event catering
E-invoicing
Reachable via Peppol
Peppol ID 0208:0802039451
Registered 12-12-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.