Turnover
The micro format states no turnover.
The micro format states no turnover.
Short-term debts fell from €23,055 to €14,909.
In July 2024, 39,278 companies had the same profile as FRONTX 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 497,448 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 39,278 companies, not a prediction for FRONTX. 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 | ||||
|---|---|---|---|---|
| FRONTX Herk-de-Stad | €47,107 | €16,174 | 68.4% | - |
| MC IT CONSULTING Willebroek | €47,587 | €17,002 | 62.6% | - |
| Van der Volpi Ghent | €49,022 | €18,593 | 89.9% | - |
| CapyStack Solutions Sint-Niklaas | €42,704 | €16,605 | 41.9% | - |
| ITECH CONSULTING Mons | €49,678 | €18,661 | 29.2% | - |
| 3DQ Wevelgem | €53,107 | €14,619 | 62.2% | - |
| S.NIZ Charleroi | €39,952 | €15,252 | 98.7% | - |
These companies have the same main activity as FRONTX: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €40,000 and €53,100, founded between 2023 and 2024.
The 2024 annual accounts show equity of €32,198 and a net result of €10,735. Its solvency ranks better than 57% of 20,537 sector peers (NACE 62, 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.
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