The computed 12-month bankruptcy probability of CHARLES DUYVER is 7.2% (elevated). For CHARLES DUYVER, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €65,352 and a net result of €1.6m. Equity is shrinking by about 30% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2024. The company has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals.
Signalsraises riskFigures for financial year 2022 (filed 23-05-2023)Liquidity: current ratio 0.01, cash €6573 financial years not filed after the legal deadline; latest accounts 15 days late; 1 of the last 3 lateTwo or more financial years not filedlowers riskSize: total assets €1.5mneutralFiled after the deadlineShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; 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 available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2022 · tick = 2021
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Weak
Solvency29-18
equity 4.4% of total assets
Liquidity0-23
short-term debt 95.6% · cash 0.0%
Profitability100+87
return on assets 104.3%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
7.2%Elevated
0%0.5%1.5%4%10%≥ 25%
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months11-2024: 5.8%12-2024: 5.8%● unchanged vs 11-202401-2025: 5.6%▼ -0.2 percentage points vs 12-2024lowest value02-2025: 5.6%● unchanged vs 01-2025lowest value03-2025: 5.6%● unchanged vs 02-2025lowest value04-2025: 5.6%● unchanged vs 03-2025lowest value05-2025: 6.1%▲ +0.5 percentage points vs 04-202506-2025: 6.5%▲ +0.4 percentage points vs 05-202507-2025: 6.5%● unchanged vs 06-202508-2025: 6.5%● unchanged vs 07-202509-2025: 6.5%● unchanged vs 08-202510-2025: 6.5%● unchanged vs 09-202511-2025: 6.5%● unchanged vs 10-202512-2025: 6.5%● unchanged vs 11-202501-2026: 6.5%● unchanged vs 12-202502-2026: 6.5%● unchanged vs 01-202603-2026: 6.5%● unchanged vs 02-202604-2026: 6.5%● unchanged vs 03-202605-2026: 6.1%▼ -0.4 percentage points vs 04-202606-2026: 6.1%● unchanged vs 05-202607-2026: 6.1%● unchanged vs 06-202608-2026: 6.1%● unchanged vs 07-202609-2026: 7.2%▲ +1.1 percentage points vs 08-2026highest value10-2026: 7.2%● unchanged vs 09-2026highest value
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
30-09-2023 year end30-04-2024 deadline19-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-09-2022 was due by 30-04-2023 and was filed on 15-05-2023, 15 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
This company filed its last 4 accounts on average 20 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.