Filings
The 2025 accounts came 20 days late. The other nine of the last ten were filed on time.
The 2025 accounts came 20 days late. The other nine of the last ten were filed on time.
Higher solvency than 87% of companies in wholesale trade. Sector median 40.5% · 15,447 companies.
In July 2024, 10,915 companies had the same profile as HOVERA has now. Each dot stands for 28 companies, two years later.
Another 0.1% 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 10,915 companies, not a prediction for HOVERA. 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 | ||||
|---|---|---|---|---|
| HOVERA Wevelgem | €7,928 | - | 87.4% | - |
| CéGéOL Liège | €9,105 | -€8,114 | -260.2% | - |
| TRADE4YOU Mons | €6,986 | -€1,037 | 98.1% | - |
| NOUVEAU-DEPART Walcourt | €6,576 | -€3,539 | -34.3% | - |
| B APIMMO Brussels | €9,990 | -€8,518 | -1617.4% | - |
| DOUBLE-WIN INTERNATIONAL Leuven | €6,080 | -€1,432 | -465.9% | - |
| Agora Culinair Fris Doekske Aarschot | €8,905 | -€1,811 | 97.6% | - |
These companies have the same main activity as HOVERA: agents in non-specialised wholesale trade (NACE 46190). They are comparable in size and age: total assets between €6,080 and €9,990, founded between 2004 and 2009.
HOVERA files the micro format. That format states no turnover. The gross margin fell from €8,112 in 2009 to -€836 in 2024.
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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