Result
Back in profit in 2025, after a loss of €31,792 in 2024.
Back in profit in 2025, after a loss of €31,792 in 2024.
The accounts state no turnover.
Debts rose by €520,293 in 2025.
In 2025, 1 person joined and nobody left.
Six of the last ten came late. The 2019 accounts came latest: 31 days after the end of the period.
Higher gross margin than 82% of companies in employment activities. Sector median €1.1m · 183 companies.
The dashed line is the sector median: 0.2% across 195 companies (NACE 78, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 78, small). It does better than 73% of them on solvency, 86% on liquidity, 38% on profitability and 56% on growth.
The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 14,766 companies had the same profile as Mission régionale pour l'Emploi de liège has now. Each dot stands for 37 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Mission régionale pour l'Emploi de liège itself: < 0.1% within 12 months.
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 14,766 companies, not a prediction for Mission régionale pour l'Emploi de liège. 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.
Liquidity is ample, with a current ratio of 1.91 (2.34 in 2024), above the usual 1.5. Short-term debt is 40.8% and cash 53.7% of total assets. 43.5% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 7 days before the deadline. In the sector (NACE 78), the median for financial year 2024 was 14 days before the deadline, and 30% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| Mission régionale pour l'Emploi de liège Liège | €3.6m | €3.4m | 56.5% | 37 |
| GATAM Antwerp | €3.8m | €3.1m | 66.3% | 43.7 |
| ETREAC CONSULTING Namur | €2.4m | €3.3m | 65.0% | 51.6 |
| Agence locale pour l'Emploi de Liège Liège | €3.6m | €3.0m | 82.9% | 94.4 |
| Agence locale pour l'Emploi de Mouscron Mouscron | €2.8m | €1.8m | 93.3% | 56.7 |
| Noord-Limburgs Open Atelier Pelt | €2.2m | €2.5m | 51.0% | 55 |
| Agence locale pour l'Emploi de Comines-Warneton Comines-Warneton | €2.3m | €2.8m | 86.2% | 72.8 |
These companies have the same main activity as Mission régionale pour l'Emploi de liège: employment placement agencies (NACE 78100). They are comparable in size and age: total assets between €2.2m and €3.8m, founded between 1993 and 2002.
Mission régionale pour l'Emploi de liège has existed since 1994. The gross margin grew from €1.2m in 2007 to €3.4m in 2025 and staff from 13.3 to 37 full-time equivalents.
The gross margin has grown every year since 2021. Solvency fell in 2025 from 66.1% to 56.5%.
In July 2025, three directors stepped down.
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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