Equity
Equity fell by 71% in 19 years.
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Equity fell by 71% in 19 years.
The micro format states no turnover.
Green is investment, beige is depreciation.
In July 2024, 31,368 companies had the same profile as DeBoCo has now. Each dot stands for 79 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 31,368 companies, not a prediction for DeBoCo. 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 | ||||
|---|---|---|---|---|
| DeBoCo Zonnebeke | €29,002 | €11,186 | 57.9% | - |
| CVM CONSULT Braine-l'Alleud | €25,101 | €10,941 | -88.6% | - |
| MAC BILLY'S Sint-Truiden | €31,159 | €9,806 | -110.4% | - |
| R.D.H. Herentals | €37,029 | €10,628 | 92.2% | - |
| NYNFEA Tongeren-Borgloon | €27,366 | €8,730 | 74.7% | - |
| CUVELIER Waregem | €40,290 | €9,189 | 79.2% | - |
| B.N.A. Roeselare | €23,741 | €12,792 | 55.9% | - |
These companies have the same main activity as DeBoCo: other business support services (NACE 82990). They are comparable in size and age: total assets between €23,700 and €40,300, founded between 1995 and 2005.
DeBoCo files the micro format. That format states no turnover. The gross margin fell from €25,758 in 2006 to €11,186 in 2025.
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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