Equity
ENVVIE has made a profit without a break since 2020.
ENVVIE has made a profit without a break since 2020.
In 2025, 197 short contracts started and 194 ended, on average 16 hours worked per contract. Staff averaged 4.9 full-time equivalents.
The 2018 accounts came latest: 61 days after the end of the period.
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 1 in 100 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 56, micro). It does better than 51% of them on solvency, 77% on liquidity, 41% on profitability and 54% on growth.
The bankruptcy probability was computed on 09-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 5,047 companies had the same profile as ENVVIE has now. Each dot stands for 13 companies, two years later.
That fits the bankruptcy probability of ENVVIE itself: 1.3% within 12 months.
The method was tested on the 497,447 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 5,047 companies, not a prediction for ENVVIE. 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.
Liquidity is ample, with a current ratio of 1.97 (1.68 in 2024), above the usual 1.5. Short-term debt is 22.4% and cash 24.5% of total assets. However, 69.2% 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 34 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| ENVVIE Dilbeek | €458,998 | €123,294 | 30.8% | - |
| SUSHMA Leuven | €450,629 | €113,658 | 20.8% | - |
| BRUGHMANS - VAN BEECK Zoersel | €438,251 | €116,009 | 16.0% | - |
| JIANG HOLDING Balen | €489,340 | €118,387 | 34.4% | 0.3 |
| MAGIC GARDEN De Haan | €473,891 | €126,235 | 38.0% | - |
| MAMY Sint-Niklaas | €516,598 | €121,036 | 19.0% | - |
| Calle Gato Heist-op-den-Berg | €399,171 | €135,890 | 10.2% | - |
These companies have the same main activity as ENVVIE: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €399,000 and €517,000, founded between 2016 and 2018.
ENVVIE files the micro format. That format states no turnover. The gross margin rose from -€29,084 in 2018 to €123,294 in 2025.
The balance sheet grew most from 2019 to 2021 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.
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