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.
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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.
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Financial strength
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.
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Score breakdown
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Comparable companies, two years later
In July 2024, 3,445 companies had the same profile as ABClean Services has now. Each dot stands for 9 companies, two years later.
89.9%
were still trading
7.6%
stopped another way
2.3%
went bankrupt
Micro
5 to 10 years old
solvency 30% or more
a small loss
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
The companies in ten equal groups, from the lowest to the highest expected share
Group
Expected
Actual
1
0.2%
0.2%
2
0.3%
0.5%
3
0.5%
0.6%
4
0.7%
0.8%
5
0.9%
0.9%
6
1.3%
1.5%
7
1.6%
1.8%
8
1.8%
1.8%
9
2.9%
3.1%
10
5.6%
6.1%
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,445 companies, not a prediction for ABClean Services. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
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Dissolution with immediate closure of the liquidation
Dissolved and wound up in a single deed · Hidden nameVisible after signing in holds all the shares · Gazette deed
Appointment: Name after signing inVisible after signing in (director)
General meeting of 10-10-2023 · Gazette deed
First establishment
ABClean Services "La Parenthèse d'Aurore", Rue Lion Jacques 37, Charleroi
Registered office moved from Fleurus to Jumet
New registered office: Rue Jacques Lion, 37 à 6040 Jumet · Previous registered office: CHAUSSEE DE CHARLEROI 148, 6220 FLEURUS · General meeting of 20-01-2021 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as ABClean Services: general cleaning of buildings (NACE 81210). They are comparable in size and age: total assets between €15,200 and €25,600, founded between 2019 and 2022.