Settled
ActiveSummary
Settled has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€5,422) and a net result of -€7,922. Its solvency ranks better than 7% of 2,743 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Financials · financial year 2025, abbreviated format
Turnover and EBIT margin not published: the abbreviated format does not require them.
Peer companies
Historical observationOf the 1,322 companies that looked in July 2024 the way this one looks now, 4.2% went bankrupt within 24 months and 90% are still going.
- Micro
- under 2 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,470 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,322 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2025 |
|---|---|
| Other operating charges640/8 | €50 |
| Gross operating margin9900 | -€7,839 |
| Operating profit (loss)9901 | -€7,889 |
| Financial charges65/66B | €34 |
| Recurring financial charges65 | €34 |
| Profit (loss) for the period before taxes9903 | -€7,922 |
| Profit (loss) for the period9904 | -€7,922 |
| Profit (loss) for the period to be appropriated9905 | -€7,922 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €9,241 | |
| Fixed assets21/28 | €218 | |
| Financial fixed assets28 | €218 | |
| Current assets29/58 | €9,023 | |
| Amounts receivable within one year40/41 | €252 | |
| Other amounts receivable41 | €252 | |
| Cash at bank and in hand54/58 | €7,857 | |
| Deferred charges and accrued income490/1 | €913 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €9,241 | |
| Equity10/15 | -€5,422 | |
| Contributions10/11 | €2,500 | |
| Profit (loss) carried forward14 | -€7,922 | |
| Amounts payable17/49 | €14,663 | |
| Amounts payable within one year42/48 | €14,663 | |
| Trade debts44 | €456 | |
| Suppliers440/4 | €456 | |
| Other amounts payable47/48 | €14,207 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | -€7,922 |
| Operating cash flow (approximation) | -€7,922 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Similar companies · same sector and region
Public contracts: not fully processed yet. The notices from December 2021 to September 2026 are still being read.