The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and 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 latest figures are for FY 2020. They are too old for a current score.
Bankruptcy probability: Elevated
Filing: Five or more annual filings are missing. This points to a standstill, not an imminent failure.
Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
5.0% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months12-2024: 4.9%lowest value01-2025: 4.9%● unchanged vs 12-2024lowest value02-2025: 4.9%● unchanged vs 01-2025lowest value03-2025: 4.9%● unchanged vs 02-2025lowest value04-2025: 4.9%● unchanged vs 03-2025lowest value05-2025: 4.9%● unchanged vs 04-2025lowest value06-2025: 4.9%● unchanged vs 05-2025lowest value07-2025: 4.9%● unchanged vs 06-2025lowest value08-2025: 4.9%● unchanged vs 07-2025lowest value09-2025: 4.9%● unchanged vs 08-2025lowest value10-2025: 4.9%● unchanged vs 09-2025lowest value11-2025: 4.9%● unchanged vs 10-2025lowest value12-2025: 4.9%● unchanged vs 11-2025lowest value01-2026: 4.9%● unchanged vs 12-2025lowest value02-2026: 4.9%● unchanged vs 01-2026lowest value03-2026: 5.0%▲ +0.1 percentage points vs 02-2026highest value04-2026: 5.0%● unchanged vs 03-2026highest value05-2026: 5.0%● unchanged vs 04-2026highest value06-2026: 5.0%● unchanged vs 05-2026highest value07-2026: 5.0%● unchanged vs 06-2026highest value08-2026: 5.0%● unchanged vs 07-2026highest value09-2026: 5.0%● unchanged vs 08-2026highest value10-2026: 5.0%● unchanged vs 09-2026highest value11-2026: 5.0%● unchanged vs 10-2026highest value
Financial strength, FY 2020
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
Weak
0=equity -147.6% of total assets
2-1short-term debt 247.6% · cash 1.5%
0=return on assets -16.3%
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31-03-2021 year end31-10-2021 deadline10-11-2026 today
raises risk · 2020 accounts filed 48 days late
The financial year that closed on 31-03-2020 was due by 31-10-2020 and was filed on 18-12-2020, 48 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
The company filed its 2020 accounts 48 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.