About Germo
Germo is a private limited company (BV/SRL) based in Genk, founded in 2018. According to the company register, Germo has the status "Opening faillissement". For the 2021 financial year, Germo reported a profit of €304,469. A year earlier, in 2020, it still made a loss of €408,353. Revenue was not published, which is common for abbreviated accounts. The gross margin came to €501,212, up 22% on 2020. It employed an average of 3.9 full-time equivalents. Equity is negative (-€344,360): liabilities exceed assets. 3 annual accounts are available, covering 2019 to 2021.
- Activities
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No results found
- Signals
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Juridical warningJuridical warning
The legal status points to elevated risk (e.g. dissolution or bankruptcy).
Negative equityNegative equity € -344KEquity is negative: debts exceed assets (technically insolvent).
Poor liquidityPoor liquidity 0.20The current ratio is below 1: may be insufficient to cover short-term debt.
High social debt vs. personnel costsHigh social debt vs. personnel costs 208.8%Social debts are a high share of personnel costs, which may indicate social security arrears.
ProfitableProfitable € 327KThe company reported a positive net result in the latest financial year.
Positive cashflowPositive cashflow € 433KPositive operating cash flow in the latest financial year.
Positive EBITDAPositive EBITDA € 455KPositive EBITDA: operating activities are profitable.
Financial ratios
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|
2021
|
2020
|
2019
|
|---|---|---|---|
|
€
501K
|
€
409K
|
€
230K
|
|
|
€
455K
|
€
-259K
|
€
-228K
|
|
|
€
304K
|
€
-408K
|
€
-312K
|
|
|
€
-344K
|
€
-649K
|
€
-240K
|
|
|
-58.41%
|
-94.31%
|
-28.71%
|
|
|
€
934K
|
€
1.34M
|
€
1.08M
|
|
|
€
24K
|
€
12K
|
€
29K
|
|
|
3.90
|
16.30
|
26.50
|
Publications 12
All publications- Rubriek Einde (Stopzetting, Intrekking Stopzetting, Nietigheid, Ger. Ak., Gerechtelijke Reorganisatie, Enz... 30/10/2024
- Rubriek Einde (Stopzetting, Intrekking Stopzetting, Nietigheid, Ger. Ak., Gerechtelijke Reorganisatie, Enz... 03/04/2023
- Rubriek Einde (Stopzetting, Intrekking Stopzetting, Nietigheid, Ger. Ak., Gerechtelijke Reorganisatie, Enz... 14/10/2022
- Wijziging Rechtsvorm - Maatschappelijke Zetel - Adressen Anders Dan Maatschappelijke Zetel - Ontslagen - Benoemingen 29/07/2021
- Ontslagen - Benoemingen 04/05/2021
Frequently asked questions
Answers to the most common questions about Germo, based on official government data and the filed annual accounts.
What is the VAT number of Germo?
The VAT number of Germo is BE0711.951.591.
How many employees work at Germo?
In 2021, Germo employed 3.90 full-time equivalents (FTE).
When was Germo established?
Germo was founded in 22-10-2018.
What is the official address of Germo?
The official address of Germo is C-Mine 1/1 Genk 3600.
What is the legal form of Germo?
The juridical form of Germo is Private limited company (BV/SRL).
What is the annual revenue of Germo?
The 2021 accounts of Germo do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is Germo a reliable company?
Germo is a registered Rechtspersoon with company number 0711.951.591 and can be verified through the official CBE database.
What is the credit limit of Germo?
The estimated credit limit of Germo is €320,959.
Is Germo still active?
Germo currently has the status "Opening faillissement" and is not active.