Non-profit association · founded 1992 · active for 34 yearsAvenue Cardinal Mercier 24, 5000 Namur, BelgiumKBO/BCE: BE 0449.970.231
Summary
Court-Circuit has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2013 annual accounts show equity of €120,952 and a net result of €55,103. The computed 12-month bankruptcy probability is below 0.1% (very low).
Signalsraises riskFigures for financial year 2013 (filed 20-08-2014)1 change of registered office in 24 monthslowers riskLegal form: non-profit associationLiquidity: current ratio 4.36, cash €97,356neutralFiled 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 2013 are too old to assess current financial health.
Financial strength, FY 2013
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.
Strong
Solvency96
equity 71.5% of total assets
Liquidity93
short-term debt 21.4% · cash 57.5%
Profitability100
return on assets 32.6%
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.
< 0.1%Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.1% (3,418 companies, NACE 90, micro)
Last 24 months11-2024: < 0.1%12-2024: < 0.1%● unchanged vs 11-202401-2025: < 0.1%● unchanged vs 12-202402-2025: < 0.1%● unchanged vs 01-202503-2025: < 0.1%● unchanged vs 02-202504-2025: < 0.1%● unchanged vs 03-202505-2025: < 0.1%● unchanged vs 04-202506-2025: < 0.1%● unchanged vs 05-202507-2025: < 0.1%● unchanged vs 06-202508-2025: < 0.1%● unchanged vs 07-202509-2025: < 0.1%● unchanged vs 08-202510-2025: < 0.1%● unchanged vs 09-202511-2025: < 0.1%● unchanged vs 10-202512-2025: < 0.1%● unchanged vs 11-202501-2026: < 0.1%● unchanged vs 12-202502-2026: < 0.1%● unchanged vs 01-202603-2026: < 0.1%● unchanged vs 02-202604-2026: < 0.1%● unchanged vs 03-202605-2026: < 0.1%● unchanged vs 04-202606-2026: < 0.1%● unchanged vs 05-202607-2026: < 0.1%● unchanged vs 06-202608-2026: < 0.1%● unchanged vs 07-2026lowest value09-2026: < 0.1%● unchanged vs 08-2026highest value10-2026: < 0.1%● unchanged vs 09-2026highest value
The financial year that closed on 31-12-2013 was due by 31-07-2014 and was filed on 14-08-2014, 14 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.