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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Incorporation
Founding capital of €92,000, 92 shares · Founder: Name hiddenVisible after signing in · Appointment: Hidden nameVisible after signing in (director) · published on 19-06-2019 · Gazette deed
“L'acquisition de participations, sous quelque forme que ce soit, dans toute sociétés, entreprises, associations…” (deed in French)From the articles, 4 activitiesNo NACE code in the KBO yet
Establishment unit
2.290.333.2177090 Braine-le-Comte, since 01-07-2019
ESPELIA has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €42,779 and a net result of -€574.
Equity has been shrinking by about 13% per year since 2020.