Non-profit association · founded 1988 · active for 38 yearsHaachtse Steenweg 53, 1210 Sint-Joost-ten-Node, BelgiumKBO/BCE: BE 0435.919.384
Summary
Globalize Solidarity has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2019 annual accounts show equity of €121,337 and a net result of -€5,551. The computed 12-month bankruptcy probability is below 0.1% (very low).
Signalsraises riskFigures for financial year 2019 (filed 01-10-2020)lowers riskLegal form: non-profit associationLiquidity: current ratio 6.91, cash €108,178Sector: Activities of membership organisations (NACE 94)neutralNo filing for yearsA punctual record breaksShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; 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.
Figures too old
The available figures for FY 2019 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2019 · tick = 2018
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency100=
equity 85.5% of total assets
Liquidity97=
short-term debt 14.5% · cash 76.3%
Profitability28-15
return on assets -3.9%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
< 0.1%Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Sector median < 0.1% (1,219 companies, NACE 94, micro)
Last 24 months11-2024: < 0.1%highest value12-2024: < 0.1%● unchanged vs 11-2024highest value01-2025: < 0.1%● unchanged vs 12-2024highest value02-2025: < 0.1%● unchanged vs 01-2025highest value03-2025: < 0.1%● unchanged vs 02-2025highest value04-2025: < 0.1%● unchanged vs 03-2025highest value05-2025: < 0.1%● unchanged vs 04-2025highest value06-2025: < 0.1%● unchanged vs 05-2025highest value07-2025: < 0.1%● unchanged vs 06-2025highest value08-2025: < 0.1%● unchanged vs 07-2025highest value09-2025: < 0.1%● unchanged vs 08-2025highest value10-2025: < 0.1%● unchanged vs 09-2025highest value11-2025: < 0.1%● unchanged vs 10-2025highest value12-2025: < 0.1%● unchanged vs 11-2025highest value01-2026: < 0.1%● unchanged vs 12-2025highest value02-2026: < 0.1%● unchanged vs 01-2026highest value03-2026: < 0.1%● unchanged vs 02-2026highest value04-2026: < 0.1%● unchanged vs 03-2026highest value05-2026: < 0.1%● unchanged vs 04-2026highest value06-2026: < 0.1%● unchanged vs 05-2026highest value07-2026: < 0.1%● unchanged vs 06-2026highest value08-2026: < 0.1%● unchanged vs 07-2026highest value09-2026: < 0.1%● unchanged vs 08-2026highest value10-2026: < 0.1%● unchanged vs 09-2026highest value
31-12-2020 year end31-07-2021 deadline18-10-2026 today
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 28-09-2020, 59 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
tick = median of all Belgian filingsring = median in the sector
This company filed its 2019 accounts 59 days after the deadline; the sector median (NACE 94) for financial year 2024 is 29 days before the deadline, and 25% of those companies filed late.