Turnover from €1.0m to €1.2mGross margin from €670,738 to €805,825Result from €8,642 to €5,902Equity from €38,606 to €44,509Debts from €418,720 to €304,518Cash from €42,442 to €84,672
Higher gross margin than 95% of companies in warehousing and transport support. Sector median €44,871 · 1,287 companies.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and 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.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 4,508 companies had the same profile as SILAR has now. Each dot stands for 12 companies, two years later.
96.8%
were still trading
1.6%
stopped another way
1.4%
went bankrupt
Micro
10 to 20 years old
solvency 10 to 30%
a profit under 5% of the balance sheet
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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.
The companies in ten equal groups, from the lowest to the highest expected share
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 4,508 companies, not a prediction for SILAR. 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.
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0630855435
Registered office moved from Ixelles to Etterbeek
New registered office: JACHTLAAN 133-135 te 1040 Etterbeek · Previous registered office: BOONDAALSE STEENWEG 406, 1050 ELSENE · General meeting of 01-02-2023 · Gazette deed
Share transfer · Resignations & appointments
Transfer of 10 shares from Name after signing inVisible after signing in to Name hiddenVisible after signing in · Transfer of 10 shares from Hidden nameVisible after signing in to Name after signing inVisible after signing in · Partner: Name hiddenVisible after signing in (aandeelhouder en actieve vennoot) · General meeting of 30-06-2021 · Gazette deed
Registered office moved from Mechelen to Brussels
New registered office: Boondaelsesteenweg 406, 1050 Brussel · Previous registered office: MEYSBRUG 7-9-2800 MECHELEN · General meeting of 01-07-2019 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
Grey: the largest companies of the sector (warehousing and transport support (NACE 52)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as SILAR: logistics services (NACE 52250). They are comparable in size and age: total assets between €256,000 and €532,000, founded between 2009 and 2017.