PERSYN GINO
ActiveSummary
PERSYN GINO has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €665,588 and a net result of €150,361. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 84% of 8190 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability92=
Solvency100▲+16
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60,000 at 30 days acceptable
Liquidity ample (current ratio 5.04 against 2.37 in 2024; short-term debt: 19.2% and cash: 91.9% of total assets), and 19.2% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
80.8%
Return on assets
18.3%
Age of the figures
15 mo
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
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €665,588
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 24-11-2025, 68 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
68 d early
2024
63 d early
2023
41 d early
2022
28 d early
2021
56 d early
2020
55 d early
2019
60 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 53 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 6 December (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€665,588▲ 29.2%
2024 · €515,227
Total assets
€823,614▼ 4.9%
2024 · €866,113
Net result
€150,361▼ 5.5%
2024 · €159,129
Working capital
€639,182▲ 32.9%
2024 · €481,044
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€23,892▼ 53.0%€70,684▲ 196%€318,767▲ 351%€225,934▼ 29.1%€221,601▼ 1.9%
Net result€10,749within the sector's middle half▼ 64.3%€44,583within the sector's middle half▲ 315%€202,437above the sector's middle half▲ 354%€159,129within the sector's middle half▼ 21.4%€150,361above the sector's middle half▼ 5.5%
Equity€696,931within the sector's middle half▲ 1.6%€741,513within the sector's middle half▲ 6.4%€527,078within the sector's middle half▼ 28.9%€515,227within the sector's middle half▼ 2.2%€665,588within the sector's middle half▲ 29.2%
Total assets€977,009within the sector's middle half▲ 5.2%€1.0mwithin the sector's middle half▲ 6.9%€921,016within the sector's middle half▼ 11.8%€866,113within the sector's middle half▼ 6.0%€823,614within the sector's middle half▼ 4.9%
Debt€280,079▲ 15.6%€302,940▲ 8.2%€393,938▲ 30.0%€350,887▼ 10.9%€158,026▼ 55.0%
Working capital€696,042within the sector's middle half▲ 1.5%€740,881within the sector's middle half▲ 6.4%€526,701within the sector's middle half▼ 28.9%€481,044within the sector's middle half▼ 8.7%€639,182within the sector's middle half▲ 32.9%
Solvency71.3%above the sector's middle half▼ 2.6pp71.0%above the sector's middle half▼ 0.3pp57.2%within the sector's middle half▼ 13.8pp59.5%within the sector's middle half▲ 2.3pp80.8%above the sector's middle half▲ 21.3pp
Current ratio3.49above the sector's middle half▼ 0.353.45above the sector's middle half▼ 0.042.34within the sector's middle half▼ 1.112.37within the sector's middle half▲ 0.035.04above the sector's middle half▲ 2.67
Return on assets (ROA)1.1%within the sector's middle half▼ 2.1pp4.3%within the sector's middle half▲ 3.2pp22.0%above the sector's middle half▲ 17.7pp18.4%above the sector's middle half▼ 3.6pp18.3%above the sector's middle half▼ 0.1pp
Staff (FTE)1below the sector's middle half=1below the sector's middle half=1within the sector's middle half=1within the sector's middle half=1within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 2% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €823,614
Fixed assets
€26,406 ▼ 22.8%
Current assets
€797,208 ▼ 4.2%
Equity and liabilities €823,614
Equity
€665,588 ▲ 29.2%
Debt
€158,026 ▼ 55.0%
Debt's share of the balance-sheet total falls from 40.5% to 19.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€229,378▼
2024 · €231,013
Cash flow
€158,138▼
2024 · €164,208
Debt to equity
0.24▼
2024 · 0.68
ROE
22.6%▼
2024 · 30.9%
Interest coverage
27.65▼
2024 · 664.94
Debt ≤ 1 year
€158,026▼
2024 · €350,887
Income taxes
€64,450▼
2024 · €69,840
Staff costs
€25,508▲
2024 · €19,775
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 31,371 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €4,400 | €0 | €15,000 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | €35,632 | €32,886 | €19,775 | €25,508 | ▲ 29.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €149 | €256 | €256 | €5,079 | €7,777 | ▲ 53.1% |
| Other operating charges640/8 | - | €7,119 | €6,540 | €5,412 | €4,486 | ▼ 17.1% |
| Gross operating margin9900 | €55,393 | €113,691 | €358,449 | €256,200 | €259,372 | ▲ 1.2% |
| Operating profit (loss)9901 | €23,892 | €70,684 | €318,767 | €225,934 | €221,601 | ▼ 1.9% |
| Financial income75/76B | - | €0 | €0 | €3,382 | €1,505 | ▼ 55.5% |
| Recurring financial income75 | €4 | €0 | €0 | €3,382 | €1,505 | ▼ 55.5% |
| Financial charges65/66B | - | €9,131 | €23,918 | €347 | €8,295 | ▲ 2,287% |
| Recurring financial charges65 | €9,022 | €9,131 | €23,918 | €347 | €8,295 | ▲ 2,287% |
| Profit (loss) for the period before taxes9903 | €14,873 | €61,552 | €294,849 | €228,969 | €214,812 | ▼ 6.2% |
| Income taxes67/77 | €4,124 | €16,970 | €92,412 | €69,840 | €64,450 | ▼ 7.7% |
| Profit (loss) for the period9904 | €10,749 | €44,583 | €202,437 | €159,129 | €150,361 | ▼ 5.5% |
| Profit (loss) for the period to be appropriated9905 | €10,749 | €44,583 | €202,437 | €159,129 | €150,361 | ▼ 5.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €977,009 | €1.0m | €921,016 | €866,113 | €823,614 | ▼ 4.9% |
| Fixed assets21/28 | €888 | €633 | €377 | €34,183 | €26,406 | ▼ 22.8% |
| Tangible fixed assets22/27 | €618 | €363 | €107 | €33,913 | €26,136 | ▼ 22.9% |
| Plant, machinery and equipment23 | - | - | - | €33,913 | €26,136 | ▼ 22.9% |
| Furniture and vehicles24 | - | €363 | €107 | €0 | - | - |
| Financial fixed assets28 | €270 | €270 | €270 | €270 | €270 | = |
| Current assets29/58 | €976,121 | €1.0m | €920,640 | €831,931 | €797,208 | ▼ 4.2% |
| Amounts receivable within one year40/41 | €102,695 | €163,633 | €455,169 | €387,319 | €38,060 | ▼ 90.2% |
| Trade receivables40 | - | €133,601 | €427,781 | €371,649 | €5,413 | ▼ 98.5% |
| Other amounts receivable41 | - | €30,032 | €27,388 | €15,671 | €32,647 | ▲ 108% |
| Current investments50/53 | €423,406 | €423,406 | €1,664 | €1,667 | €1,670 | ▲ 0.2% |
| Cash at bank and in hand54/58 | €449,636 | €456,451 | €462,852 | €442,150 | €757,015 | ▲ 71.2% |
| Deferred charges and accrued income490/1 | - | €332 | €954 | €795 | €462 | ▼ 41.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €977,009 | €1.0m | €921,016 | €866,113 | €823,614 | ▼ 4.9% |
| Equity10/15 | €696,931 | €741,513 | €527,078 | €515,227 | €665,588 | ▲ 29.2% |
| Contributions10/11 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €678,339 | €722,921 | €508,486 | €496,635 | €646,996 | ▲ 30.3% |
| Non-distributable reserves130/1 | - | €1,859 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | €1,859 | €0 | - | - | - |
| Tax-exempt reserves132 | - | €60,985 | €60,985 | €45,985 | €45,985 | = |
| Distributable reserves133 | - | €660,077 | €447,501 | €450,650 | €601,011 | ▲ 33.4% |
| Profit (loss) carried forward14 | - | - | €0 | €0 | €0 | - |
| Amounts payable17/49 | €280,079 | €302,940 | €393,938 | €350,887 | €158,026 | ▼ 55.0% |
| Amounts payable within one year42/48 | €280,079 | €302,940 | €393,938 | €350,887 | €158,026 | ▼ 55.0% |
| Trade debts44 | €56,567 | €68,468 | €135,224 | €154,542 | €445 | ▼ 99.7% |
| Suppliers440/4 | - | €68,468 | €135,224 | €154,542 | €445 | ▼ 99.7% |
| Taxes, remuneration and social security45 | - | €8,544 | €38,073 | €48,163 | €8,237 | ▼ 82.9% |
| Taxes450/3 | - | €5,630 | €35,589 | €46,643 | €6,390 | ▼ 86.3% |
| Remuneration and social security454/9 | - | €2,914 | €2,484 | €1,521 | €1,847 | ▲ 21.5% |
| Other amounts payable47/48 | - | €225,928 | €220,641 | €148,182 | €149,344 | ▲ 0.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,749 | €44,583 | €202,437 | €159,129 | €150,361 | ▼ 5.5% |
| + Depreciation and write-downs630 | €149 | €256 | €256 | €5,079 | €7,777 | ▲ 53.1% |
| Operating cash flow (approximation) | €10,898 | €44,838 | €202,693 | €164,208 | €158,138 | ▼ 3.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€38,885 | €0 | ▲ 100% |
| Change in cash | - | €6,815 | €6,401 | -€20,702 | €314,865 | ▲ 1,621% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
24-11
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial
Liquidity doublescurrent ratio 5.04
Current ratio from 2.37 to 5.04; short-term debt falls from €350,887 to €158,026.
2024
29-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
21-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
30-06
Financial
Highest result since 2019net €202,437 ▲354%
Operating result €318,767, net result €202,437, both a record.
03-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
06-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial
Weakest financial yearnet €10,749 ▼64.3%
Net result drops to €10,749, the lowest in the series; recovery starts the following year.
2020
07-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
02-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
07-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
04-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
28-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Menen · 1 establishment unit since 1995
Ground area
124 m²
Building footprint
124 m²
Volume, LiDAR
818 m³
Parcel 34027F0290/00P000, Flanders · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
PERSYN GINO BVBA
since 19952.072.450.134
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34027F0290/00P000 | Flanders | 124 m² | 1 · 124 m² | 11.3 m · 3 fl. |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteMenen2.072.450.134
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Of 253 companies in sector 46381 we hold annual accounts for 178. 131 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-06-1995
Fiscal year end30-06
Activities, NACEBEL 2025
46381Wholesale trade
49410Freight transport by road
E-invoicing
Reachable via Peppol
Peppol ID
0208:0455503981
Also
9925:BE0455503981
Registered
03-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.