Turnover
The micro format states no turnover.
The micro format states no turnover.
In July 2024, 2,156 companies had the same profile as MIVATEC has now. Each dot stands for 6 companies, two years later.
Another 0.1% 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 2,156 companies, not a prediction for MIVATEC. 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 | ||||
|---|---|---|---|---|
| MIVATEC Kraainem | €243,705 | €29,046 | 8.3% | - |
| L.H CARROSSERIE La Bruyère | €357,027 | €30,181 | 6.0% | - |
| JDS Service Sint-Lievens-Houtem | €243,577 | €33,486 | 15.8% | - |
| ATELIERS LOÏC LOUTSCH Arlon | €295,993 | €29,953 | 22.4% | - |
| CARROSSERIE VANDENHEEDE Damme | €154,462 | €29,714 | 56.2% | - |
| CARROSSERIE MERCENIER Neupré | €254,317 | €58,479 | 82.2% | - |
| GARAGE KEYSERS Brecht | €138,045 | €46,927 | 28.9% | - |
These companies have the same main activity as MIVATEC: bodywork repair (including spraying and painting) (NACE 95314). They are comparable in size and age: total assets between €138,000 and €357,000, founded between 2022 and 2025.
The 2025 annual accounts show equity of €20,164 and a net result of €20,164. Its solvency ranks better than 24% of 3,639 sector peers (NACE 95, financial year 2025).
The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
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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