2018 figures too old to scoreBankruptcy probability: legal form outside the model
Checked score
No current 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.
Figures too old
The latest figures are for FY 2018. They are too old for a current score.
Filing: Five or more annual filings are missing. This points to a standstill, not an imminent failure.
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.
The KBO gives the legal form as “Foreign entity”. Checked does not compute a bankruptcy probability for it. The model is built on companies and gives no reliable figure for this form.
Financial strength, FY 2018
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.
Strong
100equity 99.2% of total assets
76short-term debt 0.8% · cash 21.0%
90return on assets 21.0%
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Registered office moved to Luxembourg
New registered office: L-1611 Luxembourg (Grand-Duché du Luxembourg), avenue de la Gare 57 · Previous registered office: Belgique · Reappointments: HADIDA Armand, GAUTHIER Martine Patricia and HADIDA Charles · General meeting of 18-11-2019 · Gazette deed