Equity
Equity fell by 99% in 2 years.
Equity fell by 99% in 2 years.
The micro format states no turnover.
Of this, €67,979 falls due within a year.
Green is investment, beige is depreciation.
The last five annual accounts were filed 3 to 33 days before the end of the period.
Less equity than 93% of companies in legal and accounting. Sector median €86,410 · 15,829 companies.
The dashed line is the sector median: < 0.1% across 20,107 companies (NACE 69, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 69, micro). It does better than 9% of them on solvency, 28% on liquidity, 82% on profitability and 35% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 2,153 companies had the same profile as Violeta I has now. Each dot stands for 6 companies, two years later.
The bankruptcy probability of Violeta I itself is lower: 0.1% within 12 months. It rests on far more data about Violeta I than the profile alone.
The method was tested on the 497,447 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 2,153 companies, not a prediction for Violeta I. 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.
The company filed its last 5 accounts on average 18 days before the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| Violeta I Antwerp | €73,504 | €141,680 | 4.1% | - |
| SWE Consulting Eupen | €86,162 | €144,203 | 94.1% | - |
| PIAR Tremelo | €67,043 | €138,952 | 61.6% | - |
| OF COUNSEL Watermael-Boitsfort | €60,184 | €130,272 | 39.5% | - |
| Mimo Patents Zwevegem | €71,723 | €123,523 | 2.4% | - |
| Sjodekon Tremelo | €91,117 | €114,287 | 91.6% | - |
| AHomer Woluwe-Saint-Lambert | €94,348 | €206,253 | 52.3% | - |
These companies have the same main activity as Violeta I: other legal services (NACE 69109). They are comparable in size and age: total assets between €60,200 and €94,300, founded between 2019 and 2022.
Violeta I files the micro format. That format states no turnover. The gross margin rose from €86,365 in 2021 to €141,680 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.
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