Foreign entity · founded 1994 · active for 32 yearsOberdorf 18A, 24235 Laboe, GermanyKBO/BCE: BE 0452.926.058
Summary
MEYCOM ASSET has the legal form “Foreign entity” in the KBO; Checked does not compute a bankruptcy probability for it. The 2016 annual accounts show equity of €12,709 and a net result of -€2,251. Equity is shrinking by about 11% per year across the filed financial years. The company has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals.
Turnover not published (abbreviated or micro format)
Financial health
2016 figures too old to scoreBankruptcy probability: legal form outside the model
Structure
2017 accounts not filed, 3010 days past the deadline3 deeds in the Belgian Official Gazette
SignalsneutralNo filing for yearsLatest accounts filed on timeShow the evidence
Checked score
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; 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 available figures for FY 2016 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2016 · tick = 2015
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Weak
Solvency40-2
equity 15.1% of total assets
Liquidity5-50
cash 2.0%
Profitability31-13
return on assets -2.7%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
The KBO gives the legal form as “Foreign entity”. We show no bankruptcy probability for it: the model is built on companies and gives no reliable figure for this form.