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.
Insufficient figures
A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.
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.
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,627 companies (NACE 68, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months12-2024: 1.3%01-2025: 1.3%● unchanged vs 12-202402-2025: 1.3%● unchanged vs 01-202503-2025: 1.3%● unchanged vs 02-202504-2025: 1.3%● unchanged vs 03-2025highest value05-2025: 1.2%▼ -0.1 percentage points vs 04-202506-2025: 1.0%▼ -0.2 percentage points vs 05-202507-2025: 1.0%● unchanged vs 06-202508-2025: 1.0%● unchanged vs 07-202509-2025: 1.0%● unchanged vs 08-202510-2025: 1.0%● unchanged vs 09-202511-2025: 1.1%▲ +0.1 percentage points vs 10-202512-2025: 0.6%▼ -0.5 percentage points vs 11-202501-2026: 0.6%● unchanged vs 12-202502-2026: 0.6%● unchanged vs 01-202603-2026: 0.5%▼ -0.1 percentage points vs 02-202604-2026: 0.6%▲ +0.1 percentage points vs 03-202605-2026: 0.6%● unchanged vs 04-202606-2026: 0.5%▼ -0.1 percentage points vs 05-202607-2026: 0.5%● unchanged vs 06-202608-2026: 0.5%● unchanged vs 07-202609-2026: 0.5%● unchanged vs 08-202610-2026: 0.4%▼ -0.1 percentage points vs 09-2026lowest value11-2026: 0.4%● unchanged vs 10-2026lowest value
Comparable companies, two years later
In July 2024, 4,805 companies had the same profile as Design & Engineering has now. Each dot stands for 13 companies, two years later.
88.1%
were still trading
9.8%
stopped another way
2.0%
went bankrupt
Micro
10 to 20 years old
solvency 30% or more
a loss of 10% of the balance sheet or more
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Design & Engineering itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,447 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
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 4,805 companies, not a prediction for Design & Engineering. 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 check for an amount and term of your choice
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 53 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 May (5 of the last 5 accounts filed within 30 days either side of that date).
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as Design & Engineering: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €22,500 and €38,300, founded between 2013 and 2016.