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.
Figures too old
The latest figures are for FY 2016. They are too old for a current score.
Bankruptcy probability: High
Filing: Five or more annual filings are missing. This points to a standstill, not an imminent failure.
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.
17.8% High
0%0.5%1.5%4%10%≥ 25%
About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months12-2024: 2.9%lowest value01-2025: 3.0%▲ +0.1 percentage points vs 12-202402-2025: 3.0%● unchanged vs 01-202503-2025: 3.0%● unchanged vs 02-202504-2025: 3.0%● unchanged vs 03-202505-2025: 3.0%● unchanged vs 04-202506-2025: 3.0%● unchanged vs 05-202507-2025: 3.0%● unchanged vs 06-202508-2025: 3.0%● unchanged vs 07-202509-2025: 3.0%● unchanged vs 08-202510-2025: 3.0%● unchanged vs 09-202511-2025: 3.0%● unchanged vs 10-202512-2025: 3.0%● unchanged vs 11-202501-2026: 3.0%● unchanged vs 12-202502-2026: 3.0%● unchanged vs 01-202603-2026: 3.0%● unchanged vs 02-202604-2026: 3.0%● unchanged vs 03-202605-2026: 3.0%● unchanged vs 04-202606-2026: 3.0%● unchanged vs 05-202607-2026: 3.0%● unchanged vs 06-202608-2026: 3.0%● unchanged vs 07-202609-2026: 3.0%● unchanged vs 08-202610-2026: 17.8%▲ +14.8 percentage points vs 09-2026highest value11-2026: 17.8%● unchanged vs 10-2026highest value
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31-12-2017 year end31-07-2018 deadline08-11-2026 today
raises risk · 2016 accounts filed 65 days late
The financial year that closed on 31-12-2016 was due by 31-07-2017 and was filed on 04-10-2017, 65 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
The computed 12-month bankruptcy probability of EL MAACHI SPRL is 17.8% (high). The 2016 annual accounts show negative equity (-€32,299) and a net result of -€2,425.
Equity has been shrinking by about 5% per year since 2012. The company has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals.