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Documentsfilings and deeds
30-09-202661 days late
2025micro format
Gross margin from -€3,160 to €15,154Back to profit: €9,010Registered office moved from Jodoigne to Eghezée24-01Equity from €45,691 to €54,701Debts from €21,712 to €31,966Cash from €15,959 to €57,015
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, 39,326 companies had the same profile as SOURCE has now. Each dot stands for 99 companies, two years later.
95.7%
were still trading
2.4%
stopped another way
1.8%
went bankrupt
Micro
2 to 5 years old
solvency 30% or more
a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 39,326 companies, not a prediction for SOURCE. 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 0208:0789909206
Registered office moved from Jodoigne to Eghezée
New registered office: rue du Broux 14-5310 EGHEZEE · Previous registered office: Rue du Soldat Larivière 45 bte A, 1370 JODOIGNE · Gazette deed
Incorporation
Founding capital of €3,000 · Founders: Name after signing inVisible after signing in; Name hiddenVisible after signing in · Appointments: Hidden nameVisible after signing in (director) and Name after signing inVisible after signing in (director) · published on 26-08-2022 · Gazette deed
First establishment
Rue du Broux,Hanret 14, Eghezée
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.
These companies have the same main activity as SOURCE: employment placement agencies (NACE 78100). They are comparable in size and age: total assets between €74,200 and €104,000, founded between 2021 and 2022.
The company number of SOURCE is 0789.909.206. The VAT number is the same number with BE in front: BE 0789.909.206.
Where is SOURCE based?
The registered office is at Rue du Broux,Hanret 14, 5310 Eghezée.Company details
What does SOURCE do?
According to the KBO register, the main activity is employment placement agencies (NACE 78100).
What is the legal form of SOURCE?
SOURCE is a private limited company (BV).
When was SOURCE founded?
SOURCE was founded on 24-08-2022.
Is SOURCE still active?
Yes, SOURCE is an active enterprise in the KBO register.
What is the turnover of SOURCE?
The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €15,154 and 6,298 comparable companies of the same size. It probably lies between €53,000 and €280,000. It is a rough estimate.Financials
Is SOURCE profitable?
In financial year 2025, SOURCE made a profit of €9,010.
Where can I find the annual accounts of SOURCE?
SOURCE filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SOURCE due?
SOURCE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline