Turnover
The micro format states no turnover.
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The micro format states no turnover.
Short-term debts rose from €7,119 to €14,356.
In July 2024, 11,279 companies had the same profile as FINIK has now. Each dot stands for 29 companies, two years later.
The method was tested on the 497,448 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 11,279 companies, not a prediction for FINIK. 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.
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| Company | ||||
|---|---|---|---|---|
| FINIK Aalter | €74,676 | €61,335 | 80.8% | - |
| Advocatenkantoor Bauters Oudenaarde | €71,181 | €59,789 | 64.7% | - |
| DAGRAN Aalst | €70,075 | €60,713 | 65.6% | - |
| ABAUVA Ghent | €84,043 | €58,690 | 71.1% | - |
| PUYVAL Ghent | €78,255 | €57,706 | 58.1% | - |
| Geraldine Quireyns Evergem | €84,728 | €56,868 | 47.3% | - |
| ADVOCATENKANTOOR BASILE ORNELIS Ghent | €73,955 | €53,355 | 79.5% | - |
These companies have the same main activity as FINIK: activities of lawyers (NACE 69101). They are comparable in size and age: total assets between €70,100 and €84,700, founded between 2024 and 2025.
FINIK has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €60,320 and a net result of €45,895.
Its solvency ranks better than 79% of 15,834 sector peers (NACE 69, financial year 2025).
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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