Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Every financial year from 2016 to 2025 closed with a loss. 2019 was the heaviest.
Lower solvency than 95% of companies in head offices and management consultancy. Sector median 55.5% · 39,376 companies.
In July 2024, 6,619 companies had the same profile as SITE has now. Each dot stands for 17 companies, two years later.
Another 1.0% 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 6,619 companies, not a prediction for SITE. 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 | ||||
|---|---|---|---|---|
| SITE De Haan | - | - | -211.5% | - |
| CROSS-BORDER SOLUTIONS Ostend | - | - | 43.8% | - |
| A.D. FINANCE Menen | - | - | 37.9% | - |
| ANTWERP FAST TRADING Brasschaat | €9,600 | -24.1% | 77.9% | - |
| EUROLIFE Brussels | - | - | 97.5% | - |
| STUDIEBUREEL VATHEMA Geetbets | €2,674 | - | 99.7% | - |
| J.P. De Jaegere Architectenbureau Schilde | - | - | -205.8% | - |
These companies have the same main activity as SITE: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €26,800 and €31,000, founded between 1988 and 1992.
SITE files the micro format. That format states no turnover. The gross margin fell from €35,165 in 2008 to -€3,402 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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