Result
The result fell in 2026 from -€6.1m to -€12.2m.
The result fell in 2026 from -€6.1m to -€12.2m.
Between 2018 and 2026, 39% of the full-time equivalents disappeared.
Enterprise Services Belgium pays its suppliers 16 days earlier than in 2025. Customers pay 9 days earlier.
New director. Latest change 30-03-2026 · 3 in office.
Lower net result than 95% of companies in retail trade. Sector median €44,941 · 382 companies.
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
The dashed line is the sector median: 0.4% across 84 companies (NACE 47, large).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, large). It does better than 67% of them on solvency, 98% on liquidity, 3% on profitability and 57% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-03-2026.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 5,215 companies had the same profile as Enterprise Services Belgium has now. Each dot stands for 14 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Enterprise Services Belgium itself is lower: 0.3% within 12 months. It rests on far more data about Enterprise Services Belgium than the profile alone.
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 5,215 companies, not a prediction for Enterprise Services Belgium. 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.
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is ample, with a current ratio of 2.2 (1.63 in 2025), above the usual 1.5. Short-term debt is 44.3% and cash 49.2% of total assets. However, 58.4% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 5 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
| Company | Turnover | EBIT margin | Solvency | Staff |
|---|---|---|---|---|
| Enterprise Services Belgium Mechelen | €118.1m | -10.4% | 41.6% | 362.1 |
| JD Sports Fashion Belgium Antwerp | €322.0m | -0.5% | 20.8% | 302.4 |
| SOCIETE NOUVELLE DE DISTRIBUTION Fleurus | €212.2m | 4.6% | 42.1% | 593.6 |
| Wibra België Temse | €67.4m | 3.3% | 34.9% | 273 |
| HEMA België Uccle | €163.9m | 3.2% | 30.1% | 630 |
| Signpost België Lokeren | €55.3m | 7.8% | 24.5% | 95.6 |
| DUSTIN BELGIUM Rotselaar | €91.2m | -5.0% | 0.7% | 73.6 |
Grey: the largest companies of the sector (retail trade (NACE 47)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as Enterprise Services Belgium: other non-specialised retail sale (NACE 47120). They are comparable in size and age: total assets between €16m and €77m, founded between 1997 and 2020.
Enterprise Services Belgium has existed since 2016. Turnover fell from €231.1m in 2018 to €118.1m in 2026 and staff from 591.3 to 362.1 full-time equivalents.
Solvency rose in 2026 from 24.9% to 41.6%.
DXC HAGUE B.V holds 99% of the shares.
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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