Gervinum
ActiveThe computed 12-month bankruptcy probability of Gervinum is 1.8% (moderate). The 2025 annual accounts show equity of €10k and a net result of €-386. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 32% of 7931 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability26▲+7
Solvency52▼-4
Growth58=
Track record94
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 2.58 against 2.97 in 2024; short-term debt: 38.4% and cash: 38.9% of total assets), but 73% 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.
+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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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
27%
Return on assets
-1.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 · 5 filingsDeviation from the deadline
2025
24 d late
2024
21 d late
2023
40 d late
2022
35 d late
2021
34 d early
← 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€10k▼ 3.7%
2024 · €10k
2021: €10k
2022: €8k
2023: €11k
2024: €10k
2021 → 2025
Total assets
€37k▲ 9.7%
2024 · €34k
2021: €21k
2022: €32k
2023: €22k
2024: €34k
2021 → 2025
Net result
€-386▲ 61.6%
2024 · €-1k
2021: €-5k
2022: €-2k
2023: €3k
2024: €-1k
2021 → 2025
Working capital
€22k▲ 2.4%
2024 · €22k
2021: €9k
2022: €7k
2023: €10k
2024: €22k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€10k-€8k▼ 20.1%€11k▲ 35.3%€10k▼ 8.9%€10k▼ 3.7%
Operating result€-4k-€-2k▲ 59.2%€4k€264▼ 92.8%€1k▲ 330%
Net result€-5k-€-2k▲ 53.5%€3k€-1k€-386▲ 61.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 330% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €37k
Fixed assets
€352▼ 34.8%
Current assets
€36k▲ 10.9%
Equity and liabilities €37k
Equity
€10k▼ 3.7%
Debt
€27k▲ 15.6%
The debt ratio rises from 69.2% to 73.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€1k▲
2024 · €610
Cash flow
€-40▲
2024 · €-659
Solvency
27.0%▼
2024 · 30.8%
Current ratio
2.58▼
2024 · 2.97
Quick ratio
1.49▼
2024 · 1.89
Debt / equity
2.70▲
2024 · 2.25
ROE
-3.9%▲
2024 · -9.7%
ROA
-1.1%▲
2024 · -3.0%
Interest coverage
0.97▲
2024 · 0.48
Debt
€27k▲
2024 · €23k
Debt ≤ 1 year
€14k▲
2024 · €11k
Debt > 1 year
€13k▲
2024 · €12k
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€34k€37k▲
Formation expenses20€158-
Fixed assets21/28€540€352▼
Tangible fixed assets22/27€297€110▼
Plant, machinery and equipment23€297€110▼
Financial fixed assets28€243€243=
Current assets29/58€33k€36k▲
Stocks and contracts in progress3€12k€15k▲
Stocks30/36€12k€15k▲
Amounts receivable within one year40/41€9k€5k▼
Trade receivables40€9k€5k▼
Other amounts receivable41€55-
Cash at bank and in hand54/58€11k€14k▲
Deferred charges and accrued income490/1€115€1k▲
Equity and liabilities
Total equity and liabilities10/49€34k€37k▲
Equity10/15€10k€10k▼
Contributions10/11€15k€15k=
Capital10€15k€15k=
Issued capital100€15k€15k=
Profit (loss) carried forward14€-5k€-5k▼
Amounts payable17/49€23k€27k▲
Amounts payable after more than one year17€12k€13k▲
Financial debts170/4€12k€13k▲
Amounts payable within one year42/48€11k€14k▲
Trade debts44€6k€11k▲
Suppliers440/4€6k€11k▲
Taxes, remuneration and social security45€5k€3k▼
Taxes450/3€5k€3k▼
Accrued charges and deferred income492/3-€50
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€346€346=
Other operating charges640/8€2k€2k▲
Gross operating margin9900€2k€4k▲
Operating profit (loss)9901€264€1k▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€-1k€-386▲
Profit (loss) for the period9904€-1k€-386▲
Profit (loss) for the period to be appropriated9905€-1k€-386▲
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€-5k▼
Profit (loss) brought forward from the previous period14P€-4k€-5k▼
The notes to these accounts (5 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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 24 days late
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
09-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 40 days late
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
04-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 35 days late
2022
27-06
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
1 act for this company is 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, Antwerpen · 1 establishment unit since 2021
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.
Oedenkovenstraat 352140 AntwerpenGround area
204 m²
Building footprint
74 m²
Volume, LiDAR
757 m³
Parcel 11006A0353/00M006, Flanders · tallest building 17.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Gervinum
since 20212.313.302.322
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11006A0353/00M006 | Flanders | 204 m² | 1 · 74 m² | 17.3 m · 4 fl. |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.313.302.322
Similar companies · same sector, comparable size
COBATTY
BE 0887.949.480
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TheWhisky.be
BE 0754.469.661
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NEOBEV
BE 0721.447.990
Sint-Genesius-Rode · Eq €10k
VINTERRA
BE 0424.224.055
Herentals · Eq €9k
COULEUR RAIZIN
BE 0887.119.834
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Of 1,051 companies in sector 46341 we hold annual accounts for 535. 247 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-01-2021
Fiscal year end31-12
Activities, NACEBEL
46341Wholesale of wines and spirits
47251Retail sale of wines and spirits
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.