Equity
Debts exceed assets in financial year 2024.
Debts exceed assets in financial year 2024.
Lower net result than 85% of companies in wholesale trade. Sector median €4,943 · 15,468 companies.
In July 2024, 7,654 companies had the same profile as CUBE-EVENT has now. Each dot stands for 20 companies, two years later.
Another 0.8% stopped without a precise date, possibly only after those two years.
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.
| 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 7,654 companies, not a prediction for CUBE-EVENT. 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.
| Company | ||||
|---|---|---|---|---|
| CUBE-EVENT Liège | €67,483 | €89,450 | -0.1% | - |
| GS LABS Meise | €51,419 | €78,833 | 30.2% | 2.3 |
| Impact Logistics Verviers | €77,503 | €89,816 | 7.4% | - |
| KANELA Leuven | €64,841 | €70,210 | -1.3% | - |
| All Good Trading Silly | €72,512 | €81,169 | 95.2% | - |
| FRESH HOSPITALITY Sint-Gillis (bij-Brussel) | €77,775 | €70,005 | -203.2% | - |
| JAJU Food Braives | €117,949 | €39,872 | 64.3% | - |
These companies have the same main activity as CUBE-EVENT: agents in the wholesale of food, beverages and tobacco (NACE 46170). They are comparable in size and age: total assets between €51,400 and €118,000, founded between 2022 and 2024.
The 2024 annual accounts show negative equity (-€46) and a net result of -€15,046. Its solvency ranks better than 21% of 15,488 sector peers (NACE 46, financial year 2024).
The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
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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