GORSEM COLDSTORE
ActiveGORSEM COLDSTORE has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €415k and a net result of €8k. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 35% of 650 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability36▲+1
Solvency50=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity tight (current ratio 1.38 against 0.91 in 2024; short-term debt: 45.8% and cash: 0% of total assets), and 75.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Sector 52
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
24.9%
Return on assets
0.5%
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 29-08-2026, 29 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 · 10 filingsDeviation from the deadline
2025
29 d late
2024
52 d late
2023
91 d late
2022
92 d late
2021
43 d late
2021
14 d early
2020
30 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€8k▲ 54.7%
2024 · €5k
2019: €4k
2020: €7k
2021: €1k
2021: €5k
2022: €7k
2023: €7k
2024: €5k
2019 → 2025
Working capital
€288k
2024 · €-95k
2019: €288k
2020: €221k
2021: €159k
2021: €75k
2022: €21k
2023: €-13k
2024: €-95k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€388k-€396k▲ 1.8%€403k▲ 1.8%€408k▲ 1.2%€415k▲ 1.9%
Operating result€22k-€34k▲ 52.7%€67k▲ 95.9%€55k▼ 18.2%€55k▼ 0.4%
Net result€5k-€7k▲ 40.5%€7k▼ 1.8%€5k▼ 29.1%€8k▲ 54.7%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 0% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.67M
Fixed assets
€617k▼ 3.7%
Current assets
€1.05M▲ 8.0%
Equity and liabilities €1.67M
Equity
€415k▲ 1.9%
Debt
€1.25M▲ 3.8%
The debt ratio rises from 74.8% to 75.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€96k▲
2024 · €95k
Cash flow
€49k▲
2024 · €45k
Solvency
24.9%▼
2024 · 25.2%
Current ratio
1.38▲
2024 · 0.91
Quick ratio
1.38▲
2024 · 0.91
Debt / equity
3.02▲
2024 · 2.96
ROE
1.9%▲
2024 · 1.2%
ROA
0.5%▲
2024 · 0.3%
Interest coverage
2.03▲
2024 · 1.90
Debt
€1.25M▲
2024 · €1.21M
Debt ≤ 1 year
€765k▼
2024 · €1.07M
Debt > 1 year
€489k▲
2024 · €131k
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€1.62M€1.67M▲
Fixed assets21/28€641k€617k▼
Tangible fixed assets22/27€641k€617k▼
Land and buildings22€557k€539k▼
Plant, machinery and equipment23€83k€78k▼
Current assets29/58€975k€1.05M▲
Amounts receivable within one year40/41€975k€1.05M▲
Trade receivables40€303k€381k▲
Other amounts receivable41€672k€672k=
Cash at bank and in hand54/58€107€285▲
Equity and liabilities
Total equity and liabilities10/49€1.62M€1.67M▲
Equity10/15€408k€415k▲
Contributions10/11€63k€63k=
Capital10€63k€63k=
Issued capital100€63k€63k=
Reserves13€345k€353k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€339k€347k▲
Amounts payable17/49€1.21M€1.25M▲
Amounts payable after more than one year17€131k€489k▲
Financial debts170/4€131k€489k▲
Amounts payable within one year42/48€1.07M€765k▼
Current portion of amounts payable after more than one year42€69k€64k▼
Financial debts43€450k-
Credit institutions430/8€450k-
Trade debts44€74k€47k▼
Suppliers440/4€74k€47k▼
Advances received on contracts in progress46€332k€549k▲
Taxes, remuneration and social security45€59k€20k▼
Taxes450/3€59k€20k▼
Other amounts payable47/48€86k€86k=
Accrued charges and deferred income492/3€6k€25▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€41k▲
Other operating charges640/8€38k€46k▲
Gross operating margin9900€133k€141k▲
Operating profit (loss)9901€55k€55k▼
Financial income75/76B€0€210▲
Recurring financial income75€0€210▲
Financial charges65/66B€50k€47k▼
Recurring financial charges65€50k€47k▼
Profit (loss) for the period before taxes9903€5k€8k▲
Profit (loss) for the period9904€5k€8k▲
Profit (loss) for the period to be appropriated9905€5k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€8k▲
Transfer to equity691/2€5k€8k▲
To other reserves6921€5k€8k▲
The notes to these accounts (7 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
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 29 days late
2025
31-12
Financial
Highest result since 2019net €8k ▲54.7%
Net result €8k, the highest in the series.
21-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 52 days late
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 91 days late
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
2022
12-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 43 days late
17-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-08
Financial
Weakest financial yearnet €1k ▼78.3%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
01-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
10-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 10 days late
2019
05-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 5 days late
2018
03-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Sint-Truiden · 1 establishment unit since 2006
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.
Planterijstraat 253803 Sint-TruidenGround area
5,734 m²
Parcel 71018A0213/00N000, Flanders. Linked by address, not a title deed.
1 establishment unit
GORSEM COLDSTORE
since 20062.152.526.604
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71018A0213/00N000 | Flanders | 5,734 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
Impermo Logistics
BE 0797.521.825
Sint-Truiden · Eq €417k
MEULEMEESTER AGRI
BE 0831.713.137
Lens (Hainaut) · Eq €417k
KATOEN NATIE TESSENDERLO
BE 0436.923.929
Tessenderlo-Ham · Eq €419k
Timfrost Cold Storage
BE 1007.415.274
Oostkamp · Eq €412k
LUME REAL ESTATE
BE 0432.453.120
Sint-Niklaas · Eq €410k
Of 1,030 companies in sector 52100 we hold annual accounts for 764. 531 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-02-2006
Fiscal year end31-12
Activities, NACEBEL
52100Warehousing and storage
63121
46319Wholesale of fruit and vegetables, excluding potatoes
51310
Sources
Crossroads Bank for EnterprisesNational Bank · 20 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.