PetExpert Belgium is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. For PetExpert Belgium, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€919,602) and a net result of -€697,326. Its solvency ranks better than 5% of 744 sector peers (NACE 66, financial year 2023). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.
Financial institution: outside the modelBankruptcy probability: sector outside the model
Structure
Auditor: DGST & PARTNERS - REVISEUR D'ENTREPRISES - BEDRIJFSREVISOREN2024 accounts not filed, 454 days past the deadline3 of 5 deeds summarised
Signalsraises riskTwo or more financial years not filed2023 accounts filed 300 days lateShow the evidence
Checked score
Outside the general model
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; 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.
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Filing: At least two filing cycles are missing
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
31-12-2024 year end31-07-2025 deadline28-10-2026 today
raises risk · 2023 accounts filed 300 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 27-05-2025, 300 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 371 days after the deadline; the sector median (NACE 66) for financial year 2024 is 5 days before the deadline, and 39% of those companies filed late.