Signals- Two or more financial years not filed- Filed more than 90 days lateShow the evidence
Signals
Two signals.
+raises risk
+
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 07-12-2022, 129 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
This company filed its last 3 accounts on average 248 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.