Losses
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
PERSIST Development pays its suppliers 1 day later than in 2024. Customers pay 116 days later.
Short-term debts fell from €2,388 to €1,658.
The 2025 accounts came latest: 19 days after the end of the period.
Higher solvency than 95% of companies in head offices and management consultancy. Sector median 52.1% · 10,633 companies.
In July 2024, 3,224 companies had the same profile as PERSIST Development has now. Each dot stands for 9 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
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.
| 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 3,224 companies, not a prediction for PERSIST Development. 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 | ||||
|---|---|---|---|---|
| PERSIST Development Hannut | €100,768 | €1,549 | 98.4% | - |
| B-MOVE Tournai | €91,421 | €1,470 | 51.8% | - |
| DR-INVEST Chaudfontaine | €82,088 | €1,939 | 57.8% | - |
| ELVI CONSULTING Liège | €91,620 | €1,408 | 93.3% | - |
| FAGARE Sprimont | €109,356 | -€911 | -5.6% | - |
| YUZA Liège | €113,676 | -€10,655 | 57.8% | - |
| GLOBAL RECYCLING OF ALL ALUMINIUM HOLDING Chaudfontaine | €113,652 | -€19,455 | 28.2% | - |
These companies have the same main activity as PERSIST Development: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €82,100 and €114,000, founded between 2021 and 2023.
PERSIST Development files the abbreviated format. That format states no turnover. The gross margin fell from €9,720 in 2021 to €1,549 in 2025.
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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