Liquidity
Short-term debts fell from €24,705 to €19,487.
Short-term debts fell from €24,705 to €19,487.
The 2026 accounts came latest: 6 days after the end of the period.
Lower net result than 85% of companies in retail trade. Sector median €4,794 · 873 companies.
In July 2024, 3,445 companies had the same profile as Generaltec has now. Each dot stands for 9 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
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.
| 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 3,445 companies, not a prediction for Generaltec. 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 | ||||
|---|---|---|---|---|
| Generaltec Beveren-Kruibeke-Zwijndrecht | €208,858 | -€7,258 | 46.4% | - |
| SAM AUTO'S Sint-Niklaas | €178,378 | -€63,043 | 80.2% | - |
| 3JRE Holsbeek | €194,780 | -€34,018 | -17.3% | - |
| TD CARS La Louvière | €195,768 | -€15,261 | 0.3% | - |
| Oldtimer Hightstreet Barn Wuustwezel | €205,948 | -€34,030 | -22.7% | - |
| MDS AUTO Kraainem | €189,925 | -€5,438 | 9.2% | - |
| R.S. Cars and Motors Niel | €219,546 | -€18,712 | 95.0% | - |
These companies have the same main activity as Generaltec: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €178,000 and €220,000, founded between 2021 and 2022.
Generaltec files the micro format. That format states no turnover. The gross margin fell from €113,212 in 2023 to -€7,258 in 2026.
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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