Coöperatieve vennootschap met beperkte aansprakelijkheid met een sociaal oogmerk · founded 2005 · active for 21 yearsOedelemse Steenweg 24, 8340 Damme, BelgiumKBO/BCE: BE 0876.505.064
Summary
23 has the legal form “Coöperatieve vennootschap met beperkte aansprakelijkheid met een sociaal oogmerk” in the KBO; Checked does not compute a bankruptcy probability for it. The 2017 annual accounts show equity of €41,165 and a net result of €1,259. Equity is growing by about 4.1% per year across the filed financial years. The company has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals.
Turnover not published (abbreviated or micro format)
Financial health
2017 figures too old to scoreBankruptcy probability: legal form outside the model
Structure
Accounts 2638 days overdue1 of 4 deeds read
SignalsneutralNo filing for yearsFiled after the deadlineShow the evidence
Checked score
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2017 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2017 · tick = 2016
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency98+11
equity 72.8% of total assets
Liquidity42+8
short-term debt 27.2% · cash 2.5%
Profitability43+6
return on assets 2.2%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
The KBO gives the legal form as “Coöperatieve vennootschap met beperkte aansprakelijkheid met een sociaal oogmerk”. We show no bankruptcy probability for it: the model is built on companies and gives no reliable figure for this form.
31-12-2018 year end31-07-2019 deadline20-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 24-09-2018, 55 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.