Equity
Equity fell by 45% in 8 years.
Equity fell by 45% in 8 years.
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
The micro format states no turnover.
The 2025 accounts came 27 days late. The other nine of the last ten were filed on time.
Lower net result than 95% of companies in legal and accounting. Sector median €36,720 · 16,409 companies.
In July 2024, 6,920 companies had the same profile as E8 has now. Each dot stands for 18 companies, two years later.
Another 0.2% 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 6,920 companies, not a prediction for E8. 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 | ||||
|---|---|---|---|---|
| E8 Ixelles | €327,143 | €1,926 | 34.4% | - |
| TIMOTHY M.KASTEN Woluwe-Saint-Pierre | €277,026 | €1,599 | 99.6% | - |
| Claire VAN DE VELDE SPRL Waterloo | €344,175 | €1,375 | 53.3% | - |
| TAINMONT Uccle | €396,083 | €1,675 | 93.9% | - |
| Olislaegers & De Creus Machelen (Brab.) | €362,008 | €2,245 | 5.5% | - |
| M. D'ACUNTO - Avocat Mons | €197,057 | €2,162 | 58.4% | - |
| Advocatenkantoor Stella Legis Overijse | €304,481 | €1,208 | 96.0% | - |
These companies have the same main activity as E8: activities of lawyers (NACE 69101). They are comparable in size and age: total assets between €197,000 and €396,000, founded between 2006 and 2016.
E8 files the micro format. That format states no turnover. The gross margin fell from €126,790 in 2014 to €1,926 in 2025.
The balance sheet grew most from 2015 to 2016 through fixed assets.
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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