Equity
Debts exceed assets in financial year 2025.
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Debts exceed assets in financial year 2025.
The 2024 accounts came 44 days late. The other three were filed on time.
Lower solvency than 95% of companies in office administrative support. Sector median 50.3% · 9,701 companies.
In July 2024, 516 companies had the same profile as S2E4DATA has now. Each dot stands for 2 companies, two years later.
Another 1.2% 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 516 companies, not a prediction for S2E4DATA. 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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The scores and ratios are Checked's own calculations, not a credit decision.
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| Company | ||||
|---|---|---|---|---|
| S2E4DATA Péruwelz | €4,424 | €0 | -127.6% | - |
| FELLAH DIAMOND Antwerp | €4,244 | -€20,674 | -916.2% | - |
| Utu Geraardsbergen | €4,670 | -€22,385 | -204.1% | - |
| JNS Holding Antwerp | €3,814 | -€11,519 | -390.7% | - |
| SELENA CONSULT Ferrières | €5,069 | -€3,732 | -31.2% | - |
| BEARD Buggenhout | €3,669 | -€16,085 | -415.5% | - |
| Dayo Invest Pajottegem | €4,479 | -€909 | -124.9% | - |
These companies have the same main activity as S2E4DATA: other business support services (NACE 82990). They are comparable in size and age: total assets between €3,670 and €5,070, founded between 2021 and 2023.
S2E4DATA files the micro format. That format states no turnover. The gross margin fell from €4,304 in 2022 to €0 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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