Financials
- Financial year
- 2024
- Total assets
- €466,586
- Profit
- €28,410
- Solvency
- 21.3%
Total assets▲ 67.0%
Net result
20202024
NERGE.BE
ActiveThe file of NERGE.BE contains 2 historical bankruptcy publications, as published in the Belgian Official Gazette.
Summary
The computed 12-month bankruptcy probability is 7.3% (elevated). The 2024 annual accounts show equity of €99,391 and a net result of €28,410. Equity is growing by about 57% per year across the filed financial years. Its solvency ranks better than 36% of 15,474 sector peers (NACE 46, financial year 2024).
Overview
Activity
Non-specialised wholesale trade
NACE 46900Other non-specialised retail sale NACE 47120
2 sites
Size
€466,586total assets 2024
- Staff
- 1.2 FTE
- Equity
- €99,391
- Profit
- €28,410
Turnover not published (micro format)
Structure
Accounts 78 days overdue1 of 6 deeds read
Why 36raises riskFigures for financial year 2024 (filed 20-08-2025)1 change of registered office in 24 months1 financial year not filed after the legal deadline; latest accounts 20 days late; 1 of the last 3 latelowers riskSize: total assets €466,586Show the evidence
Checked score
Score 2024
36
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 49% of its sector peers (NACE 46, micro)
Financial strength · tick = 2023
Average
Solvency
46-4
equity 21.3% of total assets
Liquidity
13-11
short-term debt 72.3% · cash 1.4%
Profitability
76-11
return on assets 6.1%
Bankruptcy probability, 12 months
7.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.4%
12-2024: 2.5%▲ +0.1 percentage points vs 11-2024
01-2025: 2.5%● unchanged vs 12-2024
02-2025: 2.5%● unchanged vs 01-2025
03-2025: 2.4%▼ -0.1 percentage points vs 02-2025
04-2025: 2.5%▲ +0.1 percentage points vs 03-2025
05-2025: 2.6%▲ +0.1 percentage points vs 04-2025
06-2025: 5.0%▲ +2.4 percentage points vs 05-2025
07-2025: 5.3%▲ +0.3 percentage points vs 06-2025
08-2025: 6.1%▲ +0.8 percentage points vs 07-2025
09-2025: 2.6%▼ -3.5 percentage points vs 08-2025
10-2025: 2.4%▼ -0.2 percentage points vs 09-2025
11-2025: 2.4%● unchanged vs 10-2025
12-2025: 2.4%● unchanged vs 11-2025
01-2026: 2.4%● unchanged vs 12-2025
02-2026: 2.4%● unchanged vs 01-2026
03-2026: 2.4%● unchanged vs 02-2026lowest value
04-2026: 2.6%▲ +0.2 percentage points vs 03-2026
05-2026: 3.4%▲ +0.8 percentage points vs 04-2026
06-2026: 3.2%▼ -0.2 percentage points vs 05-2026
07-2026: 3.2%● unchanged vs 06-2026
08-2026: 4.0%▲ +0.8 percentage points vs 07-2026
09-2026: 4.3%▲ +0.3 percentage points vs 08-2026
10-2026: 7.3%▲ +3.0 percentage points vs 09-2026highest value
Credit of up to €3,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity tight (current ratio 1.25, compared with 1.37 in 2023, below the usual 1.5; short-term debt: 72.3% and cash: 1.4% of total assets), and 78.7% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 33% on solvency, 13% on liquidity, 66% on profitability and 85% on growth.
The bankruptcy probability was computed on 16-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 78 days later.
NBB · 5 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline17-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-08-2025, 20 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filingsDeviation from the deadline
2025
not filed
2024
20 days late
2023
26 days late
2022
44 days late
2021
45 days late
2020
30 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 33 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (1)
- Bankruptcy reversalEnterprise Court of Brussels ·…
- OpeningEnterprise Court of Brussels ·…
- Annual accounts filedfinancial year 2024 · micro…
Key points
By topic
Timeline
- Events
- 10
- Since
- 2021
- 12-05-2025Registered office
- 26-08-2024Annual accounts filed
- 31-12-2023Highest result from 2020 to 2024
Company details
- Sites
- 2
- Legal form
- Private limited company
- Activity
- Non-specialised wholesale tradeNACE 46900
- Founded
- 24-06-2020
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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