Equity
Equity fell by 95% in 12 years.
Equity fell by 95% in 12 years.
The accounts state no turnover.
Seven of the last ten came late. The 2020 accounts came latest: 89 days after the end of the period.
New director. Latest change 01-05-2026 · 2 in office.
Lower net result than 91% of companies in retail trade. Sector median €27,442 · 12,842 companies.
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 21% of them on solvency, 9% on liquidity, 6% on profitability and 6% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 642 companies had the same profile as Gobackup has now. Each dot stands for 2 companies, two years later.
Another 1.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Gobackup itself: 1.4% within 12 months.
The method was tested on the 497,447 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 642 companies, not a prediction for Gobackup. 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.
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.94 (1.35 in 2024), below 1. Short-term debt is 97% and cash 5.8% of total assets. 97% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 35 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| Gobackup Uccle | €175,849 | €10,837 | 3.0% | - |
| ALPHA DEVELOPMENT Dour | €180,906 | €12,577 | 27.1% | - |
| LEXTUNDO Gingelom | €138,765 | €14,885 | 85.2% | - |
| BERGER ELEKTRONICA As | €119,340 | €12,122 | 97.3% | - |
| SICOGI Quiévrain | €246,851 | €15,831 | 53.8% | - |
| TECHLOGIC Sint-Truiden | €111,732 | €13,652 | 49.4% | - |
| ADVANCED COMPUTER SOLUTIONS Ostend | €150,627 | €18,586 | 22.9% | - |
These companies have the same main activity as Gobackup: retail sale of information and communication equipment (NACE 47400). They are comparable in size and age: total assets between €112,000 and €247,000, founded between 2004 and 2009.
Gobackup files the abbreviated format. That format states no turnover. The gross margin fell from €58,169 in 2008 to €10,837 in 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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