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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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
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
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Board and ownership
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Managing director
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Director, since 22-06-2022
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Director, since 22-06-2022
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Director, since 22-06-2022
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Director, since 22-06-2022
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Auditor, Name hiddenVisible after signing in
Hidden nameVisible after signing in 69.36%score XXVisible after signing inequity €117.9m (2024) · 2024 annual accounts of Name hiddenVisible after signing in
Hidden nameVisible after signing in 8.7%score XXVisible after signing inequity €9.6m (2025) · 2025 annual accounts of Name hiddenVisible after signing in
Appointment: Hidden nameVisible after signing in (statutory auditor)
Permanent representative: Name after signing inVisible after signing in · General meeting of 26-06-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0787533694
Capital contribution of €5,000,000
General meeting of 24-09-2024 · Gazette deed
Capital contribution of €59,880,000
“(i)acquérir,directement ou indirectement,par voie de souscription,d'achat,d'échange,d'apport,de fusion,de…” (deed in French) · Name hiddenVisible after signing in is a shareholder · General meeting of 27-12-2023 · Gazette deed
“(i) acquérir,directement ou indirectement,par voie de souscription,d'achat,d'échange,d'apport,de fusion,de collaboration,d'intervention financière ou autrement,un intérêt,une participation…” (deed in French)From the articles, 7 activitiesNo NACE code in the KBO yet
Establishment unit
2.335.981.3181150 Woluwe-Saint-Pierre, since 22-06-2022
Edaphon files the abbreviated format. That format states no turnover. The gross margin fell from -€649,228 in 2022 to -€2.4m in 2025.
Name after signing inVisible after signing in holds 69.36% of the shares. In August 2023, the Official Gazette published the appointment of Name hiddenVisible after signing in as managing director.