Larger balance sheet than 95% of companies in wholesale trade. Sector median €176,987 · 15,434 companies.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and 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.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 1,448 companies had the same profile as NO DOUBT has now. Each dot stands for 4 companies, two years later.
95.6%
were still trading
2.1%
stopped another way
2.0%
went bankrupt
Small
10 to 20 years old
solvency under 10%
a profit under 5% of the balance sheet
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 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.
The companies in ten equal groups, from the lowest to the highest expected share
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 1,448 companies, not a prediction for NO DOUBT. 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.
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as NO DOUBT: wholesale of wines and spirits (NACE 46341). They are comparable in size and age: total assets between €1.2m and €1.8m, founded between 2007 and 2010.
The company number of NO DOUBT is 0806.093.853. The VAT number is the same number with BE in front: BE 0806.093.853.
Where is NO DOUBT based?
The registered office is at Van Goethemstraat 50, 9820 Merelbeke-Melle.Company details
What does NO DOUBT do?
According to the KBO register, the main activity is wholesale of wines and spirits (NACE 46341).
What is the legal form of NO DOUBT?
NO DOUBT is a private limited company (pre-2019) (BVBA).
When was NO DOUBT founded?
NO DOUBT was founded on 02-09-2008.
Is NO DOUBT still active?
Yes, NO DOUBT is an active enterprise in the KBO register.
What is the turnover of NO DOUBT?
The turnover in financial year 2024 is ≈ €1.4m. This figure is estimated from the gross margin of €193,951 and 34 comparable companies (NACE 463). It probably lies between €560,000 and €2.6m.Financials
Is NO DOUBT profitable?
In financial year 2024, NO DOUBT made a profit of €191.
Where can I find the annual accounts of NO DOUBT?
NO DOUBT filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2024.