Turnover
The abbreviated format states no turnover.
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The abbreviated format states no turnover.
Of this, €101,800 falls due within a year.
The 2024 accounts came latest: 28 days after the end of the period.
In July 2024, 849 companies had the same profile as Boy has now. Each dot stands for 3 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 849 companies, not a prediction for Boy. 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.
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| Company | ||||
|---|---|---|---|---|
| Boy Hasselt | €212,390 | €98,757 | 5.2% | 1.2 |
| Bolonys Leuven | €184,788 | €89,073 | 61.8% | 1.1 |
| De Gentenaar Ghent | €260,401 | €117,234 | 26.2% | 1.1 |
| Herberg in de heide Kasterlee | €163,160 | €148,114 | 84.2% | 1 |
| CAMARGUE Genk | €168,051 | €129,965 | 1.7% | 1.6 |
| YOUR COBAR Brussels | €128,791 | €104,415 | 45.4% | 1.3 |
| STECA Dendermonde | €153,355 | €79,779 | 57.2% | 0.8 |
These companies have the same main activity as Boy: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €129,000 and €260,000, founded between 2019 and 2022.
Boy files the abbreviated format. That format states no turnover. The gross margin rose from €9,816 in 2022 to €98,757 in 2025.
The balance sheet grew most from 2023 to 2024 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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