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MOSSELMAN

Active
Public limited companyfounded 199332 yrs activeRoute de Wallonie (G.) 4, 7011 Mons, BelgiumKBO/BCE: BE 0451.025.254
Summary

MOSSELMAN has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €40.05M and a net result of €12.85M. Equity is growing by ~17.1% per year across the filed fiscal years. Its solvency ranks better than 76% of 307 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability98▲+1
Solvency96▲+4
Growth70▼-1
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity ample (current ratio 3.88 against 3.39 in 2023; short-term debt: 25.1% and cash: 40.7% of total assets), and 29.2% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 20
Relative position
BE, all sectors
reference
Manufacture of chemicals and chemical products (NACE 20)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 32 years 0 40 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
70.8%
Return on assets
22.7%
Age of the figures
21 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-07-2025, 16 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
16 d early
2023
19 d early
2022
13 d early
2021
11 d early
2020
24 d late
2019
77 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, full schema

Turnover
€68.12M▲ 2.0%
2023 · €66.80M
2018: €46.66M 2019: €45.26M▼ -3.0% vs 2018 2020: €44.25M▼ -2.2% vs 2019lowest in 7 years 2021: €60.83M▲ +37.5% vs 2020 2022: €89.62M▲ +47.3% vs 2021highest in 7 years 2023: €66.80M▼ -25.5% vs 2022 2024: €68.12M▲ +2.0% vs 2023
2018 → 2024
EBIT margin
23.8%▲ 2.3pp
2023 · 21.5%
2018: 13.2%lowest in 7 years 2019: 13.8%▲ +4.8% vs 2018 2020: 18.4%▲ +33.1% vs 2019 2021: 19.9%▲ +8.1% vs 2020 2022: 19.1%▼ -4.0% vs 2021 2023: 21.5%▲ +13.0% vs 2022 2024: 23.8%▲ +10.6% vs 2023highest in 7 years
2018 → 2024
Net result
€12.85M▲ 13.8%
2023 · €11.29M
2018: €4.33Mlowest in 7 years 2019: €4.41M▲ +1.8% vs 2018 2020: €6.08M▲ +38.0% vs 2019 2021: €8.99M▲ +47.9% vs 2020 2022: €12.53M▲ +39.4% vs 2021 2023: €11.29M▼ -9.8% vs 2022 2024: €12.85M▲ +13.8% vs 2023highest in 7 years
2018 → 2024
Working capital
€40.82M▲ 17.1%
2023 · €34.84M
2018: €14.49Mlowest in 7 years 2019: €18.59M▲ +28.2% vs 2018 2020: €24.59M▲ +32.3% vs 2019 2021: €23.63M▼ -3.9% vs 2020 2022: €29.37M▲ +24.3% vs 2021 2023: €34.84M▲ +18.6% vs 2022 2024: €40.82M▲ +17.1% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Turnover€44.25M-€60.83M▲ 37.5%€89.62M▲ 47.3%€66.80M▼ 25.5%€68.12M▲ 2.0% 2020: €44.25Mlowest in 5 years 2021: €60.83M▲ +37.5% vs 2020 2022: €89.62M▲ +47.3% vs 2021highest in 5 years 2023: €66.80M▼ -25.5% vs 2022 2024: €68.12M▲ +2.0% vs 2023
Equity€25.47M-€24.43M▼ 4.1%€29.93M▲ 22.5%€34.21M▲ 14.3%€40.05M▲ 17.1% 2020: €25.47M 2021: €24.43M▼ -4.1% vs 2020lowest in 5 years 2022: €29.93M▲ +22.5% vs 2021 2023: €34.21M▲ +14.3% vs 2022 2024: €40.05M▲ +17.1% vs 2023highest in 5 years
Operating result€8.12M-€12.08M▲ 48.6%€17.09M▲ 41.5%€14.39M▼ 15.8%€16.23M▲ 12.8% 2020: €8.12Mlowest in 5 years 2021: €12.08M▲ +48.6% vs 2020 2022: €17.09M▲ +41.5% vs 2021highest in 5 years 2023: €14.39M▼ -15.8% vs 2022 2024: €16.23M▲ +12.8% vs 2023
Net result€6.08M-€8.99M▲ 47.9%€12.53M▲ 39.4%€11.29M▼ 9.8%€12.85M▲ 13.8% 2020: €6.08Mlowest in 5 years 2021: €8.99M▲ +47.9% vs 2020 2022: €12.53M▲ +39.4% vs 2021 2023: €11.29M▼ -9.8% vs 2022 2024: €12.85M▲ +13.8% vs 2023highest in 5 years
Result per fiscal year
Operating resultNet result
€0€5.00M€10.00M€15.00MOperating result 2020: €8.12M€8.12MNet result 2020: €6.08M€6.08MOperating result 2021: €12.08M€12.08MNet result 2021: €8.99M€8.99MOperating result 2022: €17.09M€17.09MNet result 2022: €12.53M€12.53MOperating result 2023: €14.39M€14.39MNet result 2023: €11.29M€11.29MOperating result 2024: €16.23M€16.23MNet result 2024: €12.85M€12.85M20202021202220232024€0€5M€10M€15MOperating result 2022: €17.09M€17MNet result 2022: €12.53M€13MOperating result 2023: €14.39M€14MNet result 2023: €11.29M€11MOperating result 2024: €16.23M€16MNet result 2024: €12.85M€13M202220232024
The operating result recovers in 2024; 2024 is 13% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €56.54M
Fixed assets €1.55M ▲ 16.2%
Current assets €54.99M ▲ 11.3%
Equity and liabilities €56.54M
Equity €40.05M ▲ 17.1%
Provisions €966k ▼ 0.2%
Debt €15.53M ▼ 0.2%
Debt's share of the balance-sheet total falls from 30.7% to 27.5%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€16.56M▲
2023 · €14.70M
Cash flow
€13.18M▲
2023 · €11.60M
Current ratio
3.88▲
2023 · 3.39
Quick ratio
3.34▲
2023 · 3.05
Debt to equity
0.39▼
2023 · 0.45
ROE
32.1%▼
2023 · 33.0%
ROA
22.7%▲
2023 · 22.3%
Interest coverage
1820007.36
Debt ≤ 1 year
€14.18M▼
2023 · €14.56M
Debt > 1 year
€1.35M▲
2023 · €1.00M
Income taxes
€4.28M▲
2023 · €3.80M
Staff costs
€2.82M▲
2023 · €2.68M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 79 lines
Balance sheet Code20232024
Assets
Total assets20/58€50.74M€56.54M▲
Fixed assets21/28€1.34M€1.55M▲
Intangible fixed assets21€0-
Tangible fixed assets22/27€1.34M€1.55M▲
Land and buildings22€585k€573k▼
Plant, machinery and equipment23€622k€875k▲
Furniture and vehicles24€129k€105k▼
Current assets29/58€49.41M€54.99M▲
Stocks and contracts in progress3€4.94M€7.62M▲
Stocks30/36€4.94M€7.62M▲
Goods purchased for resale34€4.94M€7.62M▲
Amounts receivable within one year40/41€10.28M€22.36M▲
Trade receivables40€9.21M€10.99M▲
Other amounts receivable41€1.07M€11.37M▲
Current investments50/53€2.48M€1.98M▼
Other investments51/53€2.48M€1.98M▼
Cash at bank and in hand54/58€31.69M€23.00M▼
Deferred charges and accrued income490/1€20k€27k▲
Equity and liabilities
Total equity and liabilities10/49€50.74M€56.54M▲
Equity10/15€34.21M€40.05M▲
Contributions10/11€4.19M€4.19M=
Capital10€4.19M€4.19M=
Issued capital100€4.19M€4.19M=
Reserves13€1.23M€2.22M▲
Non-distributable reserves130/1€419k€419k=
Legal reserve130€419k€419k=
Tax-exempt reserves132-€998k
Distributable reserves133€807k€807k=
Profit (loss) carried forward14€28.74M€33.59M▲
Investment grants15€56k€47k▼
Provisions and deferred taxes16€968k€966k▼
Provisions for liabilities and charges160/5€968k€966k▼
Other liabilities and charges164/5€968k€966k▼
Amounts payable17/49€15.56M€15.53M▼
Amounts payable after more than one year17€1.00M€1.35M▲
Other amounts payable178/9€1.00M€1.35M▲
Amounts payable within one year42/48€14.56M€14.18M▼
Trade debts44€6.28M€6.09M▼
Suppliers440/4€6.28M€6.09M▼
Taxes, remuneration and social security45€1.17M€905k▼
Taxes450/3€828k€506k▼
Remuneration and social security454/9€338k€399k▲
Other amounts payable47/48€7.11M€7.18M▲
Accrued charges and deferred income492/3€504€1k▲
Income statement Code20232024
Operating income70/76A€67.19M€68.81M▲
Turnover70€66.80M€68.12M▲
Other operating income74€348k€349k▲
Non-recurring operating income76A€41k€343k▲
Operating charges60/66A€52.80M€52.58M▼
Goods for resale, raw materials and consumables60€45.99M€45.93M▼
Purchases600/8€43.82M€48.62M▲
Change in stocks: decrease (increase)609€2.16M€-2.69M▼
Services and other goods61€3.51M€3.44M▼
Remuneration, social security and pensions62€2.68M€2.82M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€304k€330k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-82k€-40k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€173k€-2k▼
Other operating charges640/8€222k€103k▼
Operating profit (loss)9901€14.39M€16.23M▲
Financial income75/76B€831k€1.04M▲
Recurring financial income75€831k€1.04M▲
Income from current assets751€692k€875k▲
Other financial income752/9€139k€166k▲
Financial charges65/66B€130k€147k▲
Recurring financial charges65€130k€147k▲
Debt charges650€0€9▲
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651€23k€-23k▼
Other financial charges652/9€107k€170k▲
Profit (loss) for the period before taxes9903€15.09M€17.13M▲
Income taxes67/77€3.80M€4.28M▲
Taxes670/3€3.80M€4.28M▲
Profit (loss) for the period9904€11.29M€12.85M▲
Transfer to tax-exempt reserves689-€998k
Profit (loss) for the period to be appropriated9905€11.29M€11.85M▲
Appropriation of the result
Profit (loss) to be appropriated9906€35.74M€40.59M▲
Profit (loss) brought forward from the previous period14P€24.44M€28.74M▲
Profit to be distributed694/7€7.00M€7.00M=
Return on contributions (dividend)694€7.00M€7.00M=
Social balance
Average headcount (FTE)908744.645.6▲

The notes to these accounts (67 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20202021202220232024Change
Operating income70/76A-€61.43M€89.97M€67.19M€68.81M▲ 2.4%
Turnover70€44.25M€60.83M€89.62M€66.80M€68.12M▲ 2.0%
Other operating income74-€364k€262k€348k€349k▲ 0.3%
Non-recurring operating income76A-€236k€80k€41k€343k▲ 728%
Operating charges60/66A-€49.35M€72.88M€52.80M€52.58M▼ 0.4%
Goods for resale, raw materials and consumables60-€43.53M€66.21M€45.99M€45.93M▼ 0.1%
Purchases600/8-€46.51M€67.21M€43.82M€48.62M▲ 10.9%
Change in stocks: decrease (increase)609-€-2.98M€-997k€2.16M€-2.69M▼ 224%
Services and other goods61-€2.65M€3.29M€3.51M€3.44M▼ 2.2%
Remuneration, social security and pensions62-€2.42M€2.34M€2.68M€2.82M▲ 5.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€499k€394k€356k€304k€330k▲ 8.6%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-95k€-123k€-82k€-40k▲ 50.9%
Provisions for liabilities and charges: additions (uses and reversals)635/8-€-51k€306k€173k€-2k▼ 101%
Other operating charges640/8-€504k€492k€222k€103k▼ 53.8%
Non-recurring operating charges66A-€800€0---
Operating profit (loss)9901€8.12M€12.08M€17.09M€14.39M€16.23M▲ 12.8%
Financial income75/76B-€62k€202k€831k€1.04M▲ 25.2%
Recurring financial income75€53k€62k€202k€831k€1.04M▲ 25.2%
Income from current assets751-€26€41k€692k€875k▲ 26.4%
Other financial income752/9-€62k€161k€139k€166k▲ 18.9%
Financial charges65/66B-€139k€496k€130k€147k▲ 12.8%
Recurring financial charges65€60k€139k€496k€130k€147k▲ 12.8%
Debt charges650€33€21k€21k€0€9-
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651---€23k€-23k▼ 200%
Other financial charges652/9-€118k€476k€107k€170k▲ 58.5%
Profit (loss) for the period before taxes9903€8.12M€12.00M€16.79M€15.09M€17.13M▲ 13.5%
Income taxes67/77€2.04M€3.01M€4.27M€3.80M€4.28M▲ 12.6%
Taxes670/3-€3.01M€4.27M€3.80M€4.28M▲ 12.6%
Profit (loss) for the period9904€6.08M€8.99M€12.53M€11.29M€12.85M▲ 13.8%
Transfer to tax-exempt reserves689----€998k-
Profit (loss) for the period to be appropriated9905€6.08M€8.99M€12.53M€11.29M€11.85M▲ 4.9%
Line20202021202220232024Change
Assets
Total assets20/58€31.02M€43.23M€50.65M€50.74M€56.54M▲ 11.4%
Fixed assets21/28€1.42M€1.36M€1.36M€1.34M€1.55M▲ 16.2%
Intangible fixed assets21€54k€31k€8k€0--
Tangible fixed assets22/27€1.36M€1.33M€1.35M€1.34M€1.55M▲ 16.2%
Land and buildings22-€564k€598k€585k€573k▼ 2.1%
Plant, machinery and equipment23-€632k€628k€622k€875k▲ 40.6%
Furniture and vehicles24-€135k€122k€129k€105k▼ 18.5%
Financial fixed assets28€640€640€0---
Other financial fixed assets284/8-€640€0---
Amounts receivable and cash guarantees285/8-€640€0---
Current assets29/58€29.60M€41.87M€49.30M€49.41M€54.99M▲ 11.3%
Stocks and contracts in progress3€3.12M€6.10M€7.10M€4.94M€7.62M▲ 54.5%
Stocks30/36-€6.10M€7.10M€4.94M€7.62M▲ 54.5%
Goods purchased for resale34-€6.10M€7.10M€4.94M€7.62M▲ 54.5%
Amounts receivable within one year40/41€18.65M€23.35M€20.50M€10.28M€22.36M▲ 117%
Trade receivables40-€10.87M€12.33M€9.21M€10.99M▲ 19.3%
Other amounts receivable41-€12.48M€8.17M€1.07M€11.37M▲ 966%
Current investments50/53--€2.51M€2.48M€1.98M▼ 20.1%
Other investments51/53--€2.51M€2.48M€1.98M▼ 20.1%
Cash at bank and in hand54/58€7.81M€12.40M€19.17M€31.69M€23.00M▼ 27.4%
Deferred charges and accrued income490/1-€19k€24k€20k€27k▲ 40.5%
Equity and liabilities
Total equity and liabilities10/49€31.02M€43.23M€50.65M€50.74M€56.54M▲ 11.4%
Equity10/15€25.47M€24.43M€29.93M€34.21M€40.05M▲ 17.1%
Contributions10/11€4.19M€4.19M€4.19M€4.19M€4.19M=
Capital10-€4.19M€4.19M€4.19M€4.19M=
Issued capital100-€4.19M€4.19M€4.19M€4.19M=
Reserves13€1.23M€1.23M€1.23M€1.23M€2.22M▲ 81.4%
Non-distributable reserves130/1-€419k€419k€419k€419k=
Legal reserve130-€419k€419k€419k€419k=
Tax-exempt reserves132----€998k-
Distributable reserves133-€807k€807k€807k€807k=
Profit (loss) carried forward14€19.93M€18.92M€24.44M€28.74M€33.59M▲ 16.9%
Investment grants15-€93k€69k€56k€47k▼ 15.5%
Provisions and deferred taxes16€540k€489k€795k€968k€966k▼ 0.2%
Provisions for liabilities and charges160/5-€489k€795k€968k€966k▼ 0.2%
Other liabilities and charges164/5-€489k€795k€968k€966k▼ 0.2%
Amounts payable17/49€5.01M€18.31M€19.93M€15.56M€15.53M▼ 0.2%
Amounts payable after more than one year17---€1.00M€1.35M▲ 35.0%
Other amounts payable178/9---€1.00M€1.35M▲ 35.0%
Amounts payable within one year42/48€5.00M€18.24M€19.93M€14.56M€14.18M▼ 2.7%
Trade debts44€4.41M€7.77M€6.27M€6.28M€6.09M▼ 3.1%
Suppliers440/4-€7.77M€6.27M€6.28M€6.09M▼ 3.1%
Advances received on contracts in progress46-€0----
Taxes, remuneration and social security45-€418k€857k€1.17M€905k▼ 22.4%
Taxes450/3-€115k€646k€828k€506k▼ 38.9%
Remuneration and social security454/9-€303k€210k€338k€399k▲ 18.0%
Other amounts payable47/48-€10.05M€12.81M€7.11M€7.18M▲ 1.0%
Accrued charges and deferred income492/3-€74k€0€504€1k▲ 128%
Line20202021202220232024Change
Profit (loss) for the period9904€6.08M€8.99M€12.53M€11.29M€12.85M▲ 13.8%
+ Depreciation and write-downs630€499k€394k€356k€304k€330k▲ 8.6%
Operating cash flow (approximation)€6.58M€9.38M€12.88M€11.60M€13.18M▲ 13.6%
Investment in fixed assets (approximation)-€-338k€-350k€-284k€-546k▼ 92.3%
Change in cash-€4.59M€6.77M€12.53M€-8.69M▼ 169%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
15-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Highest result since 2018net €12.85M ▲13.8%
Net result €12.85M, the highest in the series.
12-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
18-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Equity above €25MEq €29.93M ▲22.5%
5 profitable years in a row build equity to €29.93M.
20-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
24-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 24 days late
2020
31-12
Financial Equity above €25MEq €25.47M ▲31.1%
3 profitable years in a row build equity to €25.47M.
16-10
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 77 days late
2019
31-12
Financial Liquidity doublescurrent ratio 4.55
Current ratio from 2.24 to 4.55; short-term debt falls from €11.67M to €5.23M.
27-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 27 days late
2018
27-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
20-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
09-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts

We know of 13 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
13 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Mons · 2 establishment units since 1994
seat establishment All 2 establishment units on the map
Ground area
5.0 ha
Building footprint
4.5 ha
Volume, LiDAR
489,968 m³
2 parcels, Brussels, Wallonia · tallest building 15.1 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
MOSSELMAN SA
Industrielaan 80, 1070 AnderlechtManufacture of other non-metallic mineral products
since 19942.065.757.431
Route de Wallonie (G.) 4, 7011 Mons
NACE 24660
since 20002.065.757.530
2 parcels
Wallonia 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
53030D0160/00N000 Wallonia 4.0 ha 1 · 4.5 ha 15.1 m · 4 fl.
21306D0278/00X000 Brussels 1.0 ha - -
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Mons2.065.757.530
6 permissions
Fabrikant voedermiddelen · since 09-03-2010
Toelating · Fabrikant additieven (toelating) · since 05-02-2008
Toelating · Groothandelaar additieven (toelating) · since 05-02-2008
and 3 more

Legal Entity Identifier

5493003IXONAXXEK7U53
live in the LEI register

Similar companies · same sector, comparable size

Of 107 companies in sector 20140 we hold annual accounts for 93. 54 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded29-09-1993
Fiscal year end31-12
Activities, NACEBEL 2025
20140Manufacture of chemicals and chemical products
20590Manufacture of chemicals and chemical products

Scores and ratios are computed by Checked and are not a credit decision.