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, 23,016 companies had the same profile as PENNEX has now. Each dot stands for 58 companies, two years later.
96.1%
were still trading
3.5%
stopped another way
0.3%
went bankrupt
Small
solvency 30% or more
a profit under 5% of the balance sheet
without age
Another 0.1% 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 23,016 companies, not a prediction for PENNEX. 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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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1019751397
Incorporation
Demerger: Name after signing inVisible after signing in splits off to PENNEX · Appointment: Name hiddenVisible after signing in (director) · Capital contribution of €1,371,255.42 · published on 17-02-2025 · Gazette deed
“De vennootschap heeft tot voorwerp,de uitoefening van de geneeskunde als arts,meer bepaald de activiteit…” (deed in Dutch)From the articles, 15 activitiesNo NACE code in the KBO yet
Establishment unit
2.371.364.5429830 Sint-Martens-Latem, since 07-02-2025
PENNEX has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €25,907.
The company number of PENNEX is 1019.751.397. The VAT number is the same number with BE in front: BE 1019.751.397.
Where is PENNEX based?
The registered office is at Heidebergenpark 18, 9830 Sint-Martens-Latem.Company details
What is the legal form of PENNEX?
PENNEX is a private limited company (BV).
When was PENNEX founded?
PENNEX was founded on 07-02-2025.
Is PENNEX still active?
Yes, PENNEX is an active enterprise in the KBO register.
What is the turnover of PENNEX?
The turnover in financial year 2025 is ≈ €250,000. This figure is estimated from the gross margin of €82,258 and 2,666 comparable companies of the same size. It probably lies between €160,000 and €430,000. It is a rough estimate.Financials
Is PENNEX profitable?
In financial year 2025, PENNEX made a profit of €25,907.
Where can I find the annual accounts of PENNEX?
PENNEX filed 1 annual account with the National Bank of Belgium, for financial year 2025.