Equity
PONCELET MC² paid out €150,000 in dividends. That is 457% of the 2025 profit.
PONCELET MC² paid out €150,000 in dividends. That is 457% of the 2025 profit.
Debts rose by €105,166 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
PONCELET MC² pays its suppliers 18 days later than in 2024. Customers pay 187 days earlier.
Short-term debts rose from €12,532 to €117,698.
Seven of the last ten came late. The 2017 accounts came latest: 55 days after the end of the period.
More equity than 91% of companies in office administrative support. Sector median €53,935 · 9,703 companies.
The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, micro). It does better than 88% of them on solvency, 47% on liquidity, 28% on profitability and 33% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 17,811 companies had the same profile as PONCELET MC² has now. Each dot stands for 45 companies, two years later.
That fits the bankruptcy probability of PONCELET MC² itself: 0.2% within 12 months.
The method was tested on the 497,447 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 17,811 companies, not a prediction for PONCELET MC². 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.
Liquidity is insufficient, with a current ratio of 0.46 (5.43 in 2024), below 1. Short-term debt is 20.1% and cash 8.6% of total assets. 20.1% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 16 days after the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| PONCELET MC² Paliseul | €584,452 | €45,613 | 79.9% | - |
| SVM Management Zottegem | €576,766 | €43,749 | 43.4% | 0 |
| SEVICO Alken | €651,904 | €48,889 | 98.6% | - |
| VILOMAX et GEJOLONIS Frasnes-lez-Anvaing | €545,178 | €54,917 | 24.1% | 0 |
| KS Konstrukt Ghent | €684,568 | €44,140 | 14.4% | - |
| VAN DEN BORG Boechout | €498,416 | €53,858 | 91.0% | - |
| BEL AFRIQ Ostend | €599,757 | €37,558 | 13.0% | 0 |
These companies have the same main activity as PONCELET MC²: other business support services (NACE 82990). They are comparable in size and age: total assets between €498,000 and €685,000, founded between 2010 and 2013.
PONCELET MC² has existed since 2011. Turnover fell from €392,919 in 2016 to €59,406 in 2018.
Solvency fell in 2025 from 97.9% to 79.9% because of the dividend.
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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