Non-profit association · founded 2000 · active for 26 yearsMarche, Rue Pimpernelle 29, 6900 Marche-en-Famenne, BelgiumKBO/BCE: BE 0471.512.743
Summary
Racines carrées has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2011 annual accounts show equity of €47,279 and a net result of -€3,106. Equity is growing by about 4.9% per year across the filed financial years. The computed 12-month bankruptcy probability is below 0.1% (very low).
2012 accounts not filed, 4835 days past the deadline1 of 8 deeds summarised
Signalsraises riskFigures for financial year 2011 (filed 20-09-2012)lowers riskLegal form: non-profit associationSector: Arts creation and performing arts activities (NACE 90)Liquidity: current ratio 10.54, cash €21,835neutralNo filing for yearsA punctual record breaksShow the evidence
Bankruptcy probability
No current score
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.
Figures too old
The available figures for FY 2011 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2011 · tick = 2010
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency100=
equity 85.1% of total assets
Liquidity99+4
short-term debt 7.0% · cash 39.3%
Profitability24+24
return on assets -5.6%
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.
< 0.1%Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.1% (3,427 companies, NACE 90, micro)
Last 24 months11-2024: < 0.1%highest value12-2024: < 0.1%● unchanged vs 11-2024highest value01-2025: < 0.1%● unchanged vs 12-2024highest value02-2025: < 0.1%● unchanged vs 01-2025highest value03-2025: < 0.1%● unchanged vs 02-2025highest value04-2025: < 0.1%● unchanged vs 03-2025highest value05-2025: < 0.1%● unchanged vs 04-2025highest value06-2025: < 0.1%● unchanged vs 05-2025lowest value07-2025: < 0.1%● unchanged vs 06-2025lowest value08-2025: < 0.1%● unchanged vs 07-2025lowest value09-2025: < 0.1%● unchanged vs 08-2025lowest value10-2025: < 0.1%● unchanged vs 09-2025lowest value11-2025: < 0.1%● unchanged vs 10-2025lowest value12-2025: < 0.1%● unchanged vs 11-2025lowest value01-2026: < 0.1%● unchanged vs 12-2025lowest value02-2026: < 0.1%● unchanged vs 01-2026lowest value03-2026: < 0.1%● unchanged vs 02-2026lowest value04-2026: < 0.1%● unchanged vs 03-2026lowest value05-2026: < 0.1%● unchanged vs 04-2026lowest value06-2026: < 0.1%● unchanged vs 05-2026lowest value07-2026: < 0.1%● unchanged vs 06-2026lowest value08-2026: < 0.1%● unchanged vs 07-2026lowest value09-2026: < 0.1%● unchanged vs 08-2026lowest value10-2026: < 0.1%● unchanged vs 09-2026lowest value
31-12-2012 year end31-07-2013 deadline26-10-2026 today
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2011 was due by 31-07-2012 and was filed on 14-09-2012, 45 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.