REFERENCES

REFERENCES has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €168,193 and a net result of -€50,745. Equity is growing by ~11.9% per year across the filed fiscal years. Its solvency ranks better than 27% of 758 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).