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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Comparable companies, two years later
In July 2024, 1,448 companies had the same profile as REPASSNET CENTER has now. Each dot stands for 4 companies, two years later.
95.6%
were still trading
2.1%
stopped another way
2.0%
went bankrupt
Small
10 to 20 years old
solvency under 10%
a profit under 5% of the balance sheet
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
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.
The companies in ten equal groups, from the lowest to the highest expected share
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 1,448 companies, not a prediction for REPASSNET CENTER. 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.
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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Credit check for an amount and term of your choice
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 REPASSNET CENTER: personal service activities (NACE 96910). They are comparable in size and age: total assets between €318,000 and €577,000, founded between 2008 and 2009.
The company number of REPASSNET CENTER is 0898.239.497. The VAT number is the same number with BE in front: BE 0898.239.497.
Where is REPASSNET CENTER based?
The registered office is at Dilbeekstraat 100, 1080 Molenbeek-Saint-Jean.Company details
What does REPASSNET CENTER do?
According to the KBO register, the main activity is personal service activities (NACE 96910).
What is the legal form of REPASSNET CENTER?
REPASSNET CENTER is a private limited company (pre-2019) (BVBA).
When was REPASSNET CENTER founded?
REPASSNET CENTER was founded on 30-05-2008.
Is REPASSNET CENTER still active?
Yes, REPASSNET CENTER is an active enterprise in the KBO register.
How many employees does REPASSNET CENTER have?
REPASSNET CENTER had an average of 42.6 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of REPASSNET CENTER?
The turnover in financial year 2024 is ≈ €2.8m. This figure is estimated from the gross margin of €1.5m and 55 comparable companies of the same size. It probably lies between €1.8m and €3.6m. It is a rough estimate.
Is REPASSNET CENTER profitable?
In financial year 2024, REPASSNET CENTER made a profit of €6,763.
Where can I find the annual accounts of REPASSNET CENTER?
REPASSNET CENTER filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2024.