Equity
Debts exceed assets in financial year 2024.
Debts exceed assets in financial year 2024.
Of this, €83,005 falls due within a year.
2025 accounts not filed: deadline was 31-07-2026.
In July 2024, 6,018 companies had the same profile as SACREA has now. Each dot stands for 16 companies, two years later.
Another 0.8% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 6,018 companies, not a prediction for SACREA. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| SACREA Verviers | €92,796 | -€142 | -13.4% | - |
| L'ETOILE DU PAIN Brussels | €90,591 | €116 | 9.2% | - |
| HEALTIES Oudenaarde | €78,213 | -€12,165 | -94.2% | - |
| ZALIG Ghent | €108,273 | -€37,492 | 95.0% | - |
| Fit & Beauty by Mieke Tielt-Winge | €64,096 | -€6,487 | 62.4% | - |
| MA-SA Zedelgem | €95,983 | -€783 | 31.7% | - |
| Nutr!Food Consult Boortmeerbeek | €60,050 | €215 | 88.7% | - |
These companies have the same main activity as SACREA: other retail sale of food (NACE 47279). They are comparable in size and age: total assets between €60,100 and €108,000, founded between 2019 and 2022.
SACREA files the micro format. That format states no turnover. The gross margin fell from €16,391 in 2022 to -€142 in 2024.
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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