Lower solvency than 95% of companies in rental and leasing. Sector median 30.4% · 2,055 companies.
Bankruptcy probability
No current score
Checked score
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.
Insufficient figures
A score requires measurable solvency, liquidity and profitability.
Bankruptcy probability: Elevated
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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Comparable companies, two years later
In July 2024, 6,635 companies had the same profile as KISA GROUP has now. Each dot stands for 17 companies, two years later.
84.3%
were still trading
10.2%
stopped another way
4.5%
went bankrupt
Micro
20 years or older
negative equity
a loss of 10% of the balance sheet or more
Another 1.0% 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 6,635 companies, not a prediction for KISA GROUP. 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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Company renamed from COCONUTS to KISA GROUP
Registered office moved from Arlon to Wolkrange · New registered office: rue Albert 1er, 91, 6780 WOLKRANGE (commune de MESSANCY) · Previous registered office: Rue de la Synagogue 37, 6700 Arlon · General meeting of 07-09-2026 · Gazette deed
Registered office moved within Arlon
New registered office: Rue de la Synagogue 37, 6700 Arlon · Previous registered office: Place Didier 17, 6700 Arlon · General meeting of 01-07-2026 · Gazette deed
Capital decrease of €80,000 to €40,000
Capital from €120,000 to €40,000 · General meeting of 14-12-2017 · Gazette deed
First establishment
COCONUTS, Place Didier 17, Arlon
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 KISA GROUP: renting and leasing of cars and light motor vehicles (NACE 77110). They are comparable in size and age: total assets between €443 and €6,520, founded between 1985 and 2014.