Equity
Debts exceed assets in financial year 2025.
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Debts exceed assets in financial year 2025.
The micro format states no turnover.
Of this, €477,570 falls due within a year.
Green is investment, beige is depreciation.
The 2024 accounts came 53 days late. The other two were filed on time.
Higher net result than 90% of companies in wholesale trade. Sector median €5,606 · 13,813 companies.
In July 2024, 822 companies had the same profile as REVVING has now. Each dot stands for 3 companies, two years later.
Another 1.5% stopped without a precise date, possibly only after those two years.
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 822 companies, not a prediction for REVVING. 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.
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| Company | ||||
|---|---|---|---|---|
| REVVING Kraainem | €1.2m | €153,273 | -0.2% | - |
| Global ProConsult Hemiksem | €1.4m | €116,500 | 25.2% | - |
| GTC CARS Sint-Pieters-Leeuw | €0.8m | €101,697 | 34.1% | - |
| DIMANA RENT Aarschot | €1.1m | €328,680 | 0.5% | - |
| Vtron Mobility Scherpenheuvel-Zichem | €0.9m | €251,350 | 28.9% | 1.6 |
| CLASS MOTORS Waterloo | €0.9m | €173,558 | 39.4% | - |
| BER-CAR Ghent | €1.1m | €325,350 | 40.7% | - |
These companies have the same main activity as REVVING: wholesale of cars and light vans (up to 3.5 tonnes) (NACE 46711). They are comparable in size and age: total assets between €761,000 and €1.4m, founded between 2021 and 2023.
REVVING files the micro format. That format states no turnover. The gross margin rose from €53,696 in 2023 to €153,273 in 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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