DIVIDE
The file of DIVIDE contains 1 historical bankruptcy publication and 1 administrative flag, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 12.5% (high). The 2023 annual accounts show equity of €22k and a net result of €-11k. Equity is shrinking by ~12.6% per year across the filed fiscal years.
| Equity | €22k |
| Net result | €-11k |
| Active | 5 yrs |
| Locations | 1 |
Mixed profile: strong on solvency, weaker on profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | €-7k |
| Net profit | €-11k |
| Cash flow | €-7k |
| Staff costs | - |
| Income taxes | €0 |
| Dividends | - |
| Total assets | €39k |
| Equity | €22k |
| Debt | €18k |
| of which ≤ 1y | €6k |
| of which > 1y | €12k |
| Working capital | €19k |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 4.27 |
| Quick ratio | 4.27 |
| Working capital ratio | 48.7% |
| Solvency | 55.2% |
| Debt / equity | 0.81 |
| Long-term debt ratio | 0.54 |
| Interest coverage | -29.10 |
| Gross margin | - |
| Net margin | - |
| ROA | -28.9% |
| ROE | -52.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €39k |
| Fixed assets | 21/28 | €14k |
| Intangible fixed assets | 21 | €700 |
| Tangible fixed assets | 22/27 | €14k |
| Current assets | 29/58 | €25k |
| Amounts receivable within one year | 40/41 | €49 |
| Cash & bank | 54/58 | €25k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €39k |
| Equity | 10/15 | €22k |
| Contributions / capital | 10/11 | €5k |
| Reserves | 13 | €17k |
| Amounts payable | 17/49 | €18k |
| Amounts payable after one year | 17 | €12k |
| Amounts payable within one year | 42/48 | €6k |
| Income statement | ||
| Gross operating margin | 9900 | €-5k |
| Operating result | 9901 | €-11k |
| Financial charges | 65 | €227 |
| Result before taxes | 9903 | €-11k |
| Income taxes | 67/77 | €0 |
| Net result for the period | 9904 | €-11k |
| Result to be appropriated | 9905 | €-11k |
| NACE primary | - |
| Legal form | Private limited company(610) |
| Incorporation | 27-10-2020 |
| Status | Active |
| Postal code | - |
| First BS signal | 29-05-2026 |
| Latest BS signal | 29-05-2026 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44062A0281/00S000 | Flanders | 3,123 m² | 1 · 475 m² | 23.9 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | DIVIDE |
- 05-10-2025 Address struck