Equity
S² Management has made a profit without a break since 2012.
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 51% of them on solvency, 61% on liquidity, 32% on profitability and 56% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Liquidity is tight, with a current ratio of 1.4 (1.78 in 2024), below the usual 1.5. Short-term debt is 10.8% and cash 4.8% of total assets. 57.8% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 48 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| S² Management Oud-Turnhout | €1.0m | €57,869 | 42.2% | 0 |
| VANCK Menen | €0.9m | €60,363 | 40.8% | 0 |
| CONTRACTING Brasschaat | €1.2m | €107,883 | -30.9% | 0 |
| M & E Consulting Destelbergen | €0.7m | €24,103 | 18.1% | 0 |
| ACR - TOOLING Zutendaal | €0.6m | €114,503 | 60.1% | 0.4 |
| LASHING T.G.V. Zele | €1.4m | €119,868 | 73.8% | 0.8 |
| GROUPE INDUSTRIEL D'APPROVISIONNEMENT DE MATERIEL ET D'EQUIPEMENT Uccle | €1.0m | €121,920 | 49.6% | 1 |
These companies have the same main activity as S² Management: wholesale of machine tools (NACE 46620). They are comparable in size and age: total assets between €636,000 and €1.4m, founded between 1985 and 1993.
S² Management files the abbreviated format. That format states no turnover. The gross margin rose from €3,115 in 2006 to €57,869 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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