Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
8 profitable years in a row. Profit 2025: €28,456.
The accounts state no turnover.
The 2024 accounts came 21 days late. The other nine of the last ten were filed on time.
Lower solvency than 95% of companies in legal and accounting. Sector median 56.9% · 16,409 companies.
In July 2024, 3,794 companies had the same profile as AUDIT REPORTS has now. Each dot stands for 10 companies, two years later.
Another 0.6% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 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.
| 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 3,794 companies, not a prediction for AUDIT REPORTS. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| AUDIT REPORTS Ixelles | €17,025 | €35,787 | -880.1% | - |
| JUST SERVICE Heist-op-den-Berg | €26,954 | €29,946 | 56.1% | - |
| Zakenkantoor Coudron Ypres | €24,471 | €30,384 | 15.6% | 0.6 |
| es4u Waterloo | €18,937 | €27,696 | -30.5% | - |
| FiBel Accountants & Advisors Aalst | €9,629 | €25,794 | -1544.8% | - |
| RAGOEN LOGISTICS Staden | €10,295 | €69,705 | 13.9% | - |
| JUR en FISC Molenbeek-Saint-Jean | €38,889 | €24,264 | -548.6% | - |
These companies have the same main activity as AUDIT REPORTS: other tax advisory services (NACE 69209). They are comparable in size and age: total assets between €9,630 and €38,900, founded between 1962 and 1997.
AUDIT REPORTS files the micro format. That format states no turnover. The gross margin fell from €49,741 in 2006 to €35,787 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
See how customers, suppliers and banks see your own company and what to improve first.
If something looks wrong or is missing, please tell us.