Equity
Debts exceed assets in financial year 2024.
Debts exceed assets in financial year 2024.
3 years of growth in a row. Turnover 2024: €93,470.
I CAN DO pays its suppliers 77 days earlier than in 2023. Customers pay 18 days later.
2025 accounts not filed: deadline was 31-07-2026.
Lower solvency than 95% of companies in specialised construction. Sector median 46.6% · 36,050 companies.
In July 2024, 3,633 companies had the same profile as I CAN DO has now. Each dot stands for 10 companies, two years later.
Another 0.4% 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 3,633 companies, not a prediction for I CAN DO. 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 | ||||
|---|---|---|---|---|
| I CAN DO Hélécine | €93,470 | 1.4% | -267.1% | - |
| ANGEL RENOV Braine-le-Château | - | - | 29.9% | - |
| SSB GROUP Etterbeek | - | - | -183.3% | 1.7 |
| MIK&A CONSTRUCT Charleroi | €341,760 | -9.3% | -166.3% | - |
| Immo Construct Mol | - | - | 93.5% | - |
| Ma Pelle et mon Marteau Uccle | - | - | -131.9% | - |
| ALBY CONSTRUCT Ganshoren | - | - | 23.0% | - |
Grey: the largest companies of the sector (specialised construction (NACE 43)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as I CAN DO: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €10,700 and €23,900, founded between 2014 and 2018.
I CAN DO has existed since 2014. Turnover grew from €6,952 in 2014 to €93,470 in 2024.
Turnover has grown every year since 2021. Solvency rose in 2024 from -652.2% to -267.1% because of the retained profit.
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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