SEVERINUS
ActiveSEVERINUS has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €268k and a net result of €-9k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 68% of 10050 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-29
Solvency68=
Growth32▼-26
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days only on tighter terms
Liquidity short (current ratio 0.67 against 0.7 in 2024), and 44.9% 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.
−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
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
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 9 filingsDeviation from the deadline
2025
31 d late
2024
14 d late
2023
6 d early
2022
2 d early
2021
30 d late
2020
30 d late
2019
7 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
08-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€268k▼ 3.7%
2024 · €278k
2018: €281k
2019: €267k
2020: €267k
2021: €285k
2022: €285k
2023: €264k
2024: €278k
2018 → 2025
Total assets
€485k▼ 11.2%
2024 · €546k
2018: €665k
2019: €628k
2020: €587k
2021: €598k
2022: €601k
2023: €557k
2024: €546k
2018 → 2025
Net result
€-9k
2024 · €16k
2018: €11k
2019: €-13k
2020: €-15k
2021: €22k
2022: €1k
2023: €-19k
2024: €16k
2018 → 2025
Working capital
€-44k▲ 10.4%
2024 · €-49k
2018: €-92k
2019: €-86k
2020: €-80k
2021: €-57k
2022: €-66k
2023: €-82k
2024: €-49k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€285k-€285k▼ 0.1%€264k▼ 7.3%€278k▲ 5.4%€268k▼ 3.7%
Operating result€31k-€5k▼ 85.0%€-5k€39k€2k▼ 94.3%
Net result€22k-€1k▼ 94.3%€-19k€16k€-9k
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 falls in 2025; 2025 is 94% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €485k
Fixed assets
€396k▼ 7.9%
Current assets
€89k▼ 23.2%
Equity and liabilities €485k
Equity
€268k▼ 3.7%
Provisions
€24k▼ 13.2%
Debt
€194k▼ 19.5%
The debt ratio falls from 44.1% to 39.9%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€41k▼
2024 · €82k
Cash flow
€30k▼
2024 · €60k
Solvency
55.1%▲
2024 · 50.9%
Current ratio
0.67▼
2024 · 0.70
Quick ratio
0.35▲
2024 · 0.22
Debt / equity
0.72▼
2024 · 0.87
ROE
-3.2%▼
2024 · 5.7%
ROA
-1.8%▼
2024 · 2.9%
Interest coverage
4.38▼
2024 · 7.24
Debt
€194k▼
2024 · €241k
Debt ≤ 1 year
€133k▼
2024 · €165k
Debt > 1 year
€53k▼
2024 · €66k
Income taxes
€5k▼
2024 · €15k
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€546k€485k▼
Fixed assets21/28€430k€396k▼
Tangible fixed assets22/27€430k€396k▼
Land and buildings22€394k€366k▼
Plant, machinery and equipment23€30k€29k▼
Furniture and vehicles24€7k€1k▼
Current assets29/58€116k€89k▼
Stocks and contracts in progress3€79k€43k▼
Stocks30/36€79k€43k▼
Amounts receivable within one year40/41€9k€5k▼
Trade receivables40€7k€4k▼
Other amounts receivable41€3k€1k▼
Cash at bank and in hand54/58€26k€39k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€546k€485k▼
Equity10/15€278k€268k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€140k€130k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€82k€71k▼
Distributable reserves133€52k€52k=
Profit (loss) carried forward14€75k€76k▲
Provisions and deferred taxes16€27k€24k▼
Deferred taxes168€27k€24k▼
Amounts payable17/49€241k€194k▼
Amounts payable after more than one year17€66k€53k▼
Financial debts170/4€66k€53k▼
Amounts payable within one year42/48€165k€133k▼
Current portion of amounts payable after more than one year42€23k€13k▼
Trade debts44€9k€7k▼
Suppliers440/4€9k€7k▼
Taxes, remuneration and social security45€16k€15k▼
Taxes450/3€16k€15k▼
Other amounts payable47/48€118k€98k▼
Accrued charges and deferred income492/3€9k€7k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k€39k▼
Other operating charges640/8€4k€5k▲
Gross operating margin9900€86k€45k▼
Operating profit (loss)9901€39k€2k▼
Financial income75/76B€159€219▲
Recurring financial income75€159€219▲
Financial charges65/66B€11k€9k▼
Recurring financial charges65€11k€9k▼
Profit (loss) for the period before taxes9903€27k€-7k▼
Transfer from deferred taxes780€4k€4k▼
Income taxes67/77€15k€5k▼
Profit (loss) for the period9904€16k€-9k▼
Transfer from tax-exempt reserves789€12k€11k▼
Profit (loss) for the period to be appropriated9905€28k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€103k€78k▼
Profit (loss) brought forward from the previous period14P€75k€75k▲
Transfer to equity691/2€26k-
To other reserves6921€26k-
Profit to be distributed694/7€2k€2k=
Return on contributions (dividend)694€2k€2k=
The notes to these accounts (10 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
14-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 14 days late
2024
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-19k ▼1659%
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Back to profitnet €22k
Net result €22k after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Deerlijk · 1 establishment unit since 1987
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.
Waregemstraat 2108540 DeerlijkGround area
700 m²
Building footprint
158 m²
Volume, LiDAR
746 m³
Parcel 34009B0182/00Z000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SEVERINUS
since 19872.029.429.347
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34009B0182/00Z000 | Flanders | 700 m² | 1 · 158 m² | 7.8 m · 2 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.
Similar companies · same sector, comparable size
OASIS PLONGEE
BE 0435.318.776
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NickSport
BE 0840.523.212
Kontich · Eq €265k
PROMOSPORT BUGGENHOUT
BE 0810.711.944
Buggenhout · Eq €271k
HENNY MAES VERZORGING AAN HUIS
BE 0863.368.393
Alken · Eq €263k
Dorne Sport
BE 0466.740.046
Diest · Eq €275k
Of 1,304 companies in sector 47639 we hold annual accounts for 618. 457 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded02-06-1987
Fiscal year end31-12
Activities, NACEBEL
47639Retail sale of other sporting goods
47640Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 07-09-2026. Scores and ratios are computed by Checked and are not a credit decision.