The 2017 accounts came 29 days late. The other nine of the last ten were filed on time.
Checked 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.
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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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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 20,124 companies had the same profile as CRIVE has now. Each dot stands for 51 companies, two years later.
95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
Small
20 years or older
solvency 30% or more
a profit of 5% of the balance sheet or more
Test of the method
The method was tested on the 497,331 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 20,124 companies, not a prediction for CRIVE. 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.
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
3 directors appointedName hiddenVisible after signing in (managing director), Hidden nameVisible after signing in and Name after signing inVisible after signing in · General meeting of 27-05-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0449155233
1 director appointed, 1 resignation, 2 reappointments
Resignation: Name hiddenVisible after signing in (managing director) · Reappointments: Hidden nameVisible after signing in and Name after signing inVisible after signing in · Appointment: Name hiddenVisible after signing in (managing director) · General meeting of 31-01-2022 · Gazette deed
2 directors appointed, 1 resignation, 1 reappointment
Resignation: Hidden nameVisible after signing in · Reappointment: Name after signing inVisible after signing in · Appointments: Name hiddenVisible after signing in and Hidden nameVisible after signing in (managing director) · General meeting of 26-12-2016 · Gazette deed
“L'achat, la vente, l'échange, la gestion, la construction, le leasing, la transformation, l'aménagement, la…” (deed in French)From the articles, 7 activitiesNo NACE code in the KBO yet
Establishment unit
2.060.503.0011490 Court-Saint-Etienne, since 25-01-1993