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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Comparable companies, two years later
In July 2024, 6,715 companies had the same profile as FIRMWARE has now. Each dot stands for 17 companies, two years later.
95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
Micro
5 to 10 years old
solvency 10 to 30%
a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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.
The companies in ten equal groups, from the lowest to the highest expected share
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 6,715 companies, not a prediction for FIRMWARE. 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.
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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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0675925791
Amendment of the articles · Legal-form change · Resignations & appointments
Change of role: Name after signing inVisible after signing in, from manager to managing director · Reappointment: Name hiddenVisible after signing in (director) · Hidden nameVisible after signing in holds 50 shares · General meeting of 22-12-2023 · Gazette deed
Registered office moved within Anderlecht
New registered office: Rue Walcourt 213/1 ETd 1070 Anderlecht · Previous registered office: Rue Puccini 73A Boîte 2 1070 Anderlecht · General meeting of 31-01-2022 · Gazette deed
Registered office moved within Brussels
New registered office: Rue Puccini 73A boite 2 à 1070 Bruxelles · Previous registered office: Rue Docteur de Meersman 1 bis, 1070 Bruxelles · General meeting of 01-10-2020 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as FIRMWARE: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €54,500 and €67,200, founded between 2016 and 2018.
The company number of FIRMWARE is 0675.925.791. The VAT number is the same number with BE in front: BE 0675.925.791.
Where is FIRMWARE based?
The registered office is at Walcourtstraat 213, 1070 Anderlecht.Company details
What does FIRMWARE do?
According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
What is the legal form of FIRMWARE?
FIRMWARE is a private limited company (BV).
When was FIRMWARE founded?
FIRMWARE was founded on 23-05-2017.
Is FIRMWARE still active?
Yes, FIRMWARE is an active enterprise in the KBO register.
What is the turnover of FIRMWARE?
The turnover in financial year 2025 is ≈ €280,000. This figure is estimated from the gross margin of €24,800 and 133 comparable companies (NACE 56112). It probably lies between €170,000 and €470,000. It is a rough estimate. In financial year 2020 turnover was €48,479.Financials
Is FIRMWARE profitable?
In financial year 2025, FIRMWARE made a profit of €4,749.
Where can I find the annual accounts of FIRMWARE?
FIRMWARE filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FIRMWARE due?
FIRMWARE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline