Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
The micro format states no turnover.
Of this, €181,564 falls due within a year.
Nine of the last ten came late. The 2019 accounts came latest: 150 days after the end of the period.
Lower solvency than 95% of companies in other professional activities. Sector median 49.6% · 4,561 companies.
In July 2024, 2,333 companies had the same profile as Effendi has now. Each dot stands for 6 companies, two years later.
Another 0.8% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 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 2,333 companies, not a prediction for Effendi. 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 | ||||
|---|---|---|---|---|
| Effendi Sint-Genesius-Rode | €75,746 | €4,720 | -151.2% | - |
| PEPPER CONSULT Vresse-sur-Semois | €62,643 | €4,492 | 42.7% | - |
| DECOMENTIEL Seraing | €121,349 | €7,932 | 69.7% | - |
| House of Interiors Antwerp | €93,352 | €8,448 | 85.7% | - |
| Wilu Management Uccle | €98,380 | €10,970 | 82.7% | - |
| INTERIEUR VERBA Waregem | €134,059 | €8,239 | 35.5% | - |
| Monts des Arts Wavre | €83,210 | €11,390 | 43.2% | - |
These companies have the same main activity as Effendi: interior design (NACE 74130). They are comparable in size and age: total assets between €62,600 and €134,000, founded between 2007 and 2016.
Effendi files the micro format. That format states no turnover. The gross margin rose from -€14,848 in 2012 to €4,720 in 2025.
The balance sheet grew most in 2016 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
See how customers, suppliers and banks see your own company and what to improve first.
If something looks wrong or is missing, please tell us.