Less equity than 83% of companies in wholesale trade. Sector median €493,293 · 10,732 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, 7,974 companies had the same profile as PARTY DRINKS has now. Each dot stands for 20 companies, two years later.
94.4%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Micro
2 to 5 years old
solvency 10 to 30%
a profit of 5% of the balance sheet or more
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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
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 7,974 companies, not a prediction for PARTY DRINKS. 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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Registered in the Peppol Directory
Reachable for e-invoices through 0208:0799465981
Incorporation
Founding capital of €1,000, 1,000 shares · Founders: Name hiddenVisible after signing in and Hidden nameVisible after signing in · Appointments: Name after signing inVisible after signing in (director) and Name hiddenVisible after signing in (director) · published on 15-03-2023 · Gazette deed
First establishment
Sint-Jansstraat 15, Sint-Laureins
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 PARTY DRINKS: wholesale of wines and spirits (NACE 46341). They are comparable in size and age: total assets between €93,700 and €240,000, founded between 2022 and 2023.
The company number of PARTY DRINKS is 0799.465.981. The VAT number is the same number with BE in front: BE 0799.465.981.
Where is PARTY DRINKS based?
The registered office is at Sint-Jansstraat 15, 9982 Sint-Laureins.Company details
What does PARTY DRINKS do?
According to the KBO register, the main activity is wholesale of wines and spirits (NACE 46341).
What is the legal form of PARTY DRINKS?
PARTY DRINKS is a private limited company (BV).
When was PARTY DRINKS founded?
PARTY DRINKS was founded on 13-03-2023.
Is PARTY DRINKS still active?
Yes, PARTY DRINKS is an active enterprise in the KBO register.
What is the turnover of PARTY DRINKS?
The turnover in financial year 2025 is ≈ €300,000. This figure is estimated from the gross margin of €35,048 and 34 comparable companies (NACE 463). It probably lies between €140,000 and €590,000.Financials
Is PARTY DRINKS profitable?
In financial year 2025, PARTY DRINKS made a profit of €18,572.
Where can I find the annual accounts of PARTY DRINKS?
PARTY DRINKS filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PARTY DRINKS due?
PARTY DRINKS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline