Equity
Equity rose in 2024 from €23,328 to €74,748.
Equity rose in 2024 from €23,328 to €74,748.
Short-term debts rose from €11,648 to €20,987.
Higher net result than 89% of companies in retail trade. Sector median €4,555 · 25,613 companies.
In July 2024, 39,274 companies had the same profile as Etrax has now. Each dot stands for 99 companies, two years later.
Another 0.1% 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 39,274 companies, not a prediction for Etrax. 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 | ||||
|---|---|---|---|---|
| Etrax Tremelo | €95,735 | €67,767 | 78.1% | - |
| MARKASI Zaventem | €96,064 | €84,260 | 20.2% | - |
| Pieter Maes Consulting Rotselaar | €82,420 | €73,938 | 26.6% | - |
| Mister Bright Maasmechelen | €84,281 | €87,780 | - | - |
| MOREL-DEVRIERE INVEST Estaimpuis | €76,118 | €53,649 | 10.4% | - |
| Peter Jonckheere Consulting Hove | €127,105 | €80,753 | 88.7% | - |
| Pantr.be Wevelgem | €93,947 | €40,876 | 23.5% | - |
These companies have the same main activity as Etrax: other non-specialised retail sale (NACE 47120). They are comparable in size and age: total assets between €76,100 and €127,000, founded between 2022 and 2023.
The 2024 annual accounts show equity of €74,748 and a net result of €51,420. Its solvency ranks better than 86% of 25,635 sector peers (NACE 47, financial year 2024).
The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
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.