4 directorsName hiddenVisible after signing in and 3 others
Owners
Documentsfilings and deeds
18-08-202618 days late
2025abbreviated format
Turnover from €1.5m to €1.1mGross margin from €716,076 to €617,483Back to profit: €4,493Staff from 11.8 FTE to 9.2 FTEDebts from €565,474 to €708,564Cash from €7,452 to €80,993
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.
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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.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 1,083 companies had the same profile as ECORES has now. Each dot stands for 3 companies, two years later.
96.9%
were still trading
2.2%
stopped another way
0.8%
went bankrupt
Micro
20 years or older
solvency under 10%
a profit under 5% of the balance sheet
Test of the method
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.
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
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 1,083 companies, not a prediction for ECORES. 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 verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
1 director appointed, 1 resignation
Resignation: Name hiddenVisible after signing in · Appointment: Hidden nameVisible after signing in · Permanent representative: Name after signing inVisible after signing in · General meeting of 27-06-2023 · Gazette deed
1 director appointed, 1 resignation, 3 reappointments
Resignation: Name hiddenVisible after signing in · Appointment: Hidden nameVisible after signing in · Reappointments: Name after signing inVisible after signing in, Name hiddenVisible after signing in and Hidden nameVisible after signing in · General meeting of 09-07-2024 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0473134425
Capital conversion · Amendment of the articles · Legal-form change
Gazette deed
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 ECORES: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €556,000 and €1.1m, founded between 1998 and 2004.