Equity
R68 has made a profit in every financial year since 2014.
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R68 has made a profit in every financial year since 2014.
Green is investment, beige is depreciation.
The last five annual accounts were filed 14 to 131 days before the end of the period.
In July 2024, 17,811 companies had the same profile as R68 has now. Each dot stands for 45 companies, two years later.
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 17,811 companies, not a prediction for R68. 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.
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| Company | ||||
|---|---|---|---|---|
| R68 Antwerp | €5.6m | €0.9m | 83.2% | - |
| DUO TABLEWARE Lubbeek | €4.6m | €1.4m | 19.3% | - |
| PIETER MULIER Antwerp | €7.9m | €2.0m | 62.5% | - |
| Benava Harelbeke | €2.9m | €0.5m | 59.4% | 1.6 |
| BEN Antwerp | €2.5m | €0.8m | 46.6% | 11.1 |
| Barefoot in the sun Antwerp | €2.5m | €0.8m | 43.4% | 6.3 |
| COFATEX Thimister-Clermont | €2.6m | €0.5m | 43.4% | 0.3 |
These companies have the same main activity as R68: design of textile patterns, clothing, jewellery, furniture and decorative items (NACE 74111). They are comparable in size and age: total assets between €2.5m and €7.9m, founded between 2009 and 2018.
R68 has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.6m and a net result of €628,834.
Equity has been growing by about 33% per year since 2018. Its solvency ranks better than 86% of 819 sector peers (NACE 74, financial year 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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