Equity
DDR-SYSTEMS has made a profit without a break since 2016.
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In July 2024, 14,766 companies had the same profile as DDR-SYSTEMS has now. Each dot stands for 37 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 14,766 companies, not a prediction for DDR-SYSTEMS. 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 | ||||
|---|---|---|---|---|
| DDR-SYSTEMS Ninove | €1.0m | €162,817 | 51.4% | - |
| Elektriciteitswerken Berckmoes Zele | €1.0m | €192,741 | 96.9% | - |
| BETEVEST Merelbeke-Melle | €1.0m | €133,774 | 82.8% | - |
| ELEKTRO - DIRK Dentergem | €1.0m | €172,506 | 96.6% | - |
| TEPAU Beveren-Kruibeke-Zwijndrecht | €1.0m | €150,716 | 95.0% | - |
| Paul Van Laer Ranst | €1.1m | €158,015 | 21.8% | - |
| SPARK Charleroi | €1.1m | €149,062 | 67.5% | 5.9 |
These companies have the same main activity as DDR-SYSTEMS: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €952,000 and €1.1m, founded between 1990 and 1995.
DDR-SYSTEMS has existed since 1995. The gross margin fell from €172,082 in 2013 to €20,692 in 2014.
The gross margin has grown every year since 2022.
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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