Equity
SCOREX paid out €72,623 in dividends. That is 459% of the 2025 profit.
SCOREX paid out €72,623 in dividends. That is 459% of the 2025 profit.
The result fell in 2025 from €120,763 to €15,810.
The micro format states no turnover.
Short-term debts rose from €260,653 to €288,608.
Nine of the last ten came late. The 2019 accounts came latest: 31 days after the end of the period.
More equity than 93% of companies in architecture and engineering. Sector median €63,879 · 11,799 companies.
In July 2024, 14,766 companies had the same profile as SCOREX has now. Each dot stands for 37 companies, two years later.
Another 0.1% 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 14,766 companies, not a prediction for SCOREX. 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 | ||||
|---|---|---|---|---|
| SCOREX Walhain | €1.3m | €91,567 | 35.4% | - |
| HOFFMANN & DUPONT Malmedy | €1.2m | €92,999 | 8.0% | - |
| RQDST Lebbeke | €1.2m | €98,175 | 23.0% | - |
| MECHELINIA Sint-Martens-Latem | €1.2m | €105,660 | 39.6% | - |
| WALTECH Mechelen | €1.1m | €88,780 | 85.7% | - |
| Ingenieurlabor Sebastian Kreusch-Laboratoire d'ingénierie Sebastian Kreusch Eupen | €1.3m | €96,177 | 78.7% | - |
| BEAULIEU Machelen (Brab.) | €1.3m | €86,085 | 13.7% | - |
These companies have the same main activity as SCOREX: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €1.1m and €1.3m, founded between 1997 and 2005.
SCOREX files the micro format. That format states no turnover. The gross margin rose from €23,666 in 2007 to €91,567 in 2025.
The balance sheet grew most from 2015 to 2016 through fixed assets, financed with long-term debt.
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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