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.
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
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.
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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2 managers resigning, 2 directors reappointed
Resignations: Name after signing inVisible after signing in (manager) and Name hiddenVisible after signing in (manager) · Reappointments: Hidden nameVisible after signing in (director) and Name after signing inVisible after signing in (director) · “De persoonlijke sportbegeleiding van mensen; De uitoefening van sportactiviteiten zowel op privé terrein als…” (deed in Dutch) · General meeting of 26-07-2023 · Gazette deed
Company renamed from DE GROOTE to KARELLI
Registered office moved from Zedelgem to Ostend · New registered office: Vlierstraat 20 bus 0105, 8400 Oostende · Previous registered office: Guido Gezellelaan 125, 8210 Zedelgem (Loppem) · General meeting of 30-06-2015 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as KARELLI: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €255,000 and €315,000, founded between 1990 and 1996.