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Summum

Active
Public limited companyfounded 198343 yrs activeRue des Waides 5, 4890 Thimister-Clermont, BelgiumKBO/BCE: BE 0423.750.834
Summary

Summum has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.9m and a net result of -€309,386. Equity is growing by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 33% of 5730 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Risk analysisWatch ReportCompare
SummumActiveChecked score 66/100
Risk analysis ReportCompare

Overview

Activity
Wholesale of wines and spirits
NACE 46341
#4 company by total assets in Thimister-Clermont, Wholesale and retail trade sector1 site
Size
€6.6mtotal assets 2025
Staff
8.9 FTE
Equity
€1.9m
Loss
-€309,386
Financial health
66 Healthy Checked score 2025
Bankruptcy chance 12 m
0.8%
Structure
Parent
SOCIETE DE PARTICIPATIONS LUC PIRLET · 90%
Accounts filed 31 d late0 of 11 deeds read
Why 66- Liquidity: current ratio 1.39, cash €238,370- Loss of €309,386 (FY 2025)- Size: 8.9 FTE, total assets €6.6m+ Founded in 1983Show the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 24% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 55-5
equity 29.6% of total assets
Liquidity 18-1
short-term debt 68.2% · cash 3.6%
Profitability 13-29
return on assets -4.7%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,775 companies)
Last 24 months 11-2024: 0.3%lowest value 12-2024: 0.3%● 0.0% vs 11-2024lowest value 01-2025: 0.3%● 0.0% vs 12-2024lowest value 02-2025: 0.3%● 0.0% vs 01-2025lowest value 03-2025: 0.3%● 0.0% vs 02-2025lowest value 04-2025: 0.3%▲ +9.6% vs 03-2025 05-2025: 0.3%▲ +4.9% vs 04-2025 06-2025: 0.3%▲ +5.9% vs 05-2025 07-2025: 0.4%▲ +23.7% vs 06-2025 08-2025: 0.8%▲ +88.4% vs 07-2025 09-2025: 1.0%▲ +25.5% vs 08-2025 10-2025: 0.4%▼ -57.4% vs 09-2025 11-2025: 0.4%● 0.0% vs 10-2025 12-2025: 0.4%● 0.0% vs 11-2025 01-2026: 0.4%● 0.0% vs 12-2025 02-2026: 0.4%● 0.0% vs 01-2026 03-2026: 0.4%▲ +1.4% vs 02-2026 04-2026: 0.5%▲ +5.8% vs 03-2026 05-2026: 0.5%▲ +4.4% vs 04-2026 06-2026: 0.5%▲ +3.6% vs 05-2026 07-2026: 0.5%▼ -0.2% vs 06-2026 08-2026: 1.1%▲ +124% vs 07-2026highest value 09-2026: 0.8%▼ -26.9% vs 08-2026 10-2026: 0.8%● 0.0% vs 09-2026
  • Liquidity: current ratio 1.39, cash €238,370 raises the probability
  • Founded in 1983 lowers the probability for this profile
  • Loss of €309,386 (FY 2025) raises the probability
  • Size: 8.9 FTE, total assets €6.6m raises the probability for this profile
Credit up to €120,000 at 30 days acceptable
Liquidity tight (current ratio 1.39 against 1.51 in 2024; short-term debt: 68.2% and cash: 3.6% of total assets), and 70.4% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 39%, liquidity 17%, profitability 18%, growth against the median 23%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 1.39, cash €238,370
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 1983
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Loss of €309,386 (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Size: 8.9 FTE, total assets €6.6m
In the bankruptcy model this factor raises the probability for this profile.
NBB · annual accounts
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 · 10 filings
Deviation from the deadline
2025
31 d late
2024
29 d late
2023
28 d late
2022
6 d early
2021
29 d late
2020
2 d early
2019
2 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 15 days after 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 29 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 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
  1. Annual accounts filedfiscal year 2025 · full…
  2. Weakest financial yearnet -€309,386
  3. Annual accounts filedfiscal year 2024 · full…

Key points

  • Caution: From profit to loss in 2025after €1,689 in 2024 -€309,386 View
  • Caution: Among the weakest 9% on net resultsector median €116,013 · 5,674 companies -€309,386 View
  • Controlled by SOCIETE DE PARTICIPATIONS LUC…ultimately: Cave Anne De Joyeuse 90% View

By topic

Financials

Fiscal year
2025
Total assets
€6.6m
Loss
-€309,386
Solvency
29.6%
Turnover▲ 26.4%
Net result
20182022
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 31-08-2026Annual accounts filed
  2. 31-12-2025Weakest financial year
  3. 29-08-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wholesale of wines and spiritsNACE 46341
Founded
15-02-1983
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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