Lower net result than 84% of companies in construction of buildings. Sector median €8,556 · 9,461 companies.
Checked score
Checked score
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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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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Registered office moved within Welkenraedt
New registered office: Rue de L'yser 138, 4840 Welkenraedt · Previous registered office: Rue de l'Yser 140 boite C, 4840 Welkenraedt · Change of role: Name hiddenVisible after signing in, from manager to director · General meeting of 18-07-2024 · Gazette deed
Resignation: Hidden nameVisible after signing in (director)
General meeting of 22-06-2021 · Gazette deed
Resignation: Name after signing inVisible after signing in (manager)
General meeting of 15-06-2018 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as PROGEBAT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €211,000 and €256,000, founded between 2007 and 2011.