Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.
Lower solvency than 95% of companies in advertising and market research. Sector median 53.2% · 9,119 companies.
In July 2024, 6,618 companies had the same profile as MANAGEMENT DIRECT has now. Each dot stands for 17 companies, two years later.
Another 1.0% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 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 6,618 companies, not a prediction for MANAGEMENT DIRECT. 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 | ||||
|---|---|---|---|---|
| MANAGEMENT DIRECT Uccle | €424 | -€3,163 | -1504.7% | - |
| PREGO Uccle | €403 | -€562 | -33691.3% | - |
| ARC ET OS Rixensart | €724 | -€1,087 | -2537.5% | - |
| D.C. Benelux Sint-Niklaas | €528 | -€3,643 | -1507.0% | - |
| PIRNAY AND SCHWACHHOFER DEVELOPMENT AND MARKETING Charleroi | €791 | -€453 | -3916.4% | - |
| EXPERTISES GENIE CIVIL, ARCHITECTURE Uccle | €1,563 | €488 | -4059.7% | - |
| FINANCE & COMMUNICATION Uccle | €113 | -€332 | -1631.1% | - |
These companies have the same main activity as MANAGEMENT DIRECT: market research and public opinion polling (NACE 73200). They are comparable in size and age: total assets between €113 and €1,560, founded between 1983 and 1999.
MANAGEMENT DIRECT files the micro format. That format states no turnover. The gross margin fell from €13,659 in 2007 to -€3,163 in 2025.
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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