2018 figures too old to scoreTurnover not published (micro format)
Bankruptcy probability
No current score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and 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 latest figures are for FY 2018. They are too old for a current score.
Bankruptcy probability: High
Filing: Filed more than 90 days late
Filing: Five or more annual filings are missing. This points to a standstill, not an imminent failure.
Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
17.7% High
0%0.5%1.5%4%10%≥ 25%
About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months12-2024: 15.0%01-2025: 14.6%▼ -0.4 percentage points vs 12-202402-2025: 14.6%● unchanged vs 01-202503-2025: 14.6%● unchanged vs 02-202504-2025: 14.7%▲ +0.1 percentage points vs 03-202505-2025: 14.7%● unchanged vs 04-202506-2025: 14.7%● unchanged vs 05-202507-2025: 14.7%● unchanged vs 06-202508-2025: 14.7%● unchanged vs 07-202509-2025: 14.7%● unchanged vs 08-202510-2025: 14.7%● unchanged vs 09-202511-2025: 14.7%● unchanged vs 10-202512-2025: 14.7%● unchanged vs 11-202501-2026: 14.7%● unchanged vs 12-202502-2026: 14.7%● unchanged vs 01-202603-2026: 14.7%● unchanged vs 02-202604-2026: 14.7%● unchanged vs 03-202605-2026: 13.2%▼ -1.5 percentage points vs 04-2026lowest value06-2026: 14.7%▲ +1.5 percentage points vs 05-202607-2026: 14.7%● unchanged vs 06-202608-2026: 14.7%● unchanged vs 07-202609-2026: 14.7%● unchanged vs 08-202610-2026: 17.7%▲ +3.0 percentage points vs 09-2026highest value11-2026: 17.7%● unchanged vs 10-2026highest value
Financial strength, FY 2018
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
Weak
0equity -80.7% of total assets
47short-term debt 105.6% · cash 37.8%
0return on assets -218.1%
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31-12-2019 year end31-07-2020 deadline09-11-2026 today
raises risk · 2018 accounts filed 135 days late
The financial year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 13-12-2019, 135 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.