The computed 12-month bankruptcy probability of S&S Partners is 8.3% (elevated). The 2023 annual accounts show negative equity (-€5,602) and a net result of -€5,602. The company has been active since 2022 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).
Signalsraises riskFigures for financial year 2023 (filed 08-02-2024)2 financial years not filed after the legal deadline; latest accounts 7 days lateEx-officio strike-off in the KBOAdministrative warnings in the KBO publicationslowers riskSector: Activities of head offices; management consultancy activities (NACE 70)neutralFiled after the deadlineShow 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 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Financial strength, FY 2023
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.
Weak
Solvency0
equity -403.9% of total assets
Liquidity0
short-term debt 358.8% · cash 0.3%
Profitability0
return on assets -403.9%
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.
8.3%Elevated
0%0.5%1.5%4%10%≥ 25%
About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.1% (48,405 companies, NACE 70, micro)
Last 24 months11-2024: 0.7%12-2024: 0.7%● unchanged vs 11-2024lowest value01-2025: 0.8%▲ +0.1 percentage points vs 12-202402-2025: 1.1%▲ +0.3 percentage points vs 01-202503-2025: 1.3%▲ +0.2 percentage points vs 02-202504-2025: 2.1%▲ +0.8 percentage points vs 03-202505-2025: 2.2%▲ +0.1 percentage points vs 04-202506-2025: 2.4%▲ +0.2 percentage points vs 05-202507-2025: 5.4%▲ +3.0 percentage points vs 06-202508-2025: 5.4%● unchanged vs 07-202509-2025: 5.6%▲ +0.2 percentage points vs 08-202510-2025: 4.6%▼ -1.0 percentage point vs 09-202511-2025: 4.6%● unchanged vs 10-202512-2025: 4.5%▼ -0.1 percentage points vs 11-202501-2026: 4.5%● unchanged vs 12-202502-2026: 6.6%▲ +2.1 percentage points vs 01-202603-2026: 8.3%▲ +1.7 percentage points vs 02-2026highest value04-2026: 8.3%● unchanged vs 03-2026highest value05-2026: 8.3%● unchanged vs 04-2026highest value06-2026: 8.3%● unchanged vs 05-2026highest value07-2026: 8.3%● unchanged vs 06-2026highest value08-2026: 8.3%● unchanged vs 07-2026highest value09-2026: 8.3%● unchanged vs 08-2026highest value10-2026: 8.3%● unchanged vs 09-2026highest value
The financial year that closed on 30-06-2023 was due by 31-01-2024 and was filed on 06-02-2024, 6 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
This company filed its 2023 accounts 6 days after the deadline; the Belgian median for financial year 2023 is 3 days before the deadline, and 40% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.