Equity
Equity fell by 42% in 4 years.
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In July 2024, 17,041 companies had the same profile as PEZO has now. Each dot stands for 43 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 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.
| 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 17,041 companies, not a prediction for PEZO. 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.
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The scores and ratios are Checked's own calculations, not a credit decision.
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| Company | ||||
|---|---|---|---|---|
| PEZO Lier | €237,059 | €356,615 | 54.8% | - |
| BRASSERIE JO Puurs-Sint-Amands | €239,625 | €336,708 | 12.1% | 8.5 |
| WATTMAN Antwerp | €222,466 | €376,196 | 1.8% | - |
| IN DEN KLEYNE DOORENBOOM Kasterlee | €262,575 | €399,427 | 40.7% | - |
| EUROPEAN BUSINESS PARTNERS Geel | €269,965 | €316,431 | 87.0% | 70.5 |
| BORLUUT Ghent | €243,277 | €369,757 | 49.0% | 7.8 |
| DYORE PARTY'S Ostend | €227,092 | €331,851 | 89.2% | - |
These companies have the same main activity as PEZO: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €222,000 and €270,000, founded between 2000 and 2002.
PEZO files the micro format. That format states no turnover. The gross margin rose from €164,224 in 2009 to €356,615 in 2026.
The balance sheet grew most from 2010 to 2011 through fixed assets, financed with long-term debt.
holds all the shares.
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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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