Turnover
The micro format states no turnover.
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The micro format states no turnover.
Green is investment, beige is depreciation.
Higher solvency than 82% of companies in repair and installation of machinery. Sector median 45.5% · 1,703 companies.
In July 2024, 39,278 companies had the same profile as SPEED ALPHA has now. Each dot stands for 99 companies, two years later.
Another 0.1% 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 39,278 companies, not a prediction for SPEED ALPHA. 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.
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| Company | ||||
|---|---|---|---|---|
| SPEED ALPHA Ternat | €64,118 | €17,696 | 76.3% | - |
| Karertech As | €64,246 | €17,468 | 27.2% | - |
| FD RACING SERVICES Doische | €71,560 | €18,058 | 49.6% | - |
| CR38TIV Balen | €77,108 | €19,128 | 56.9% | - |
| Aendekerk Christof Technics Pelt | €80,223 | €18,280 | 57.4% | - |
| OMHEINING VAN TUYN Houthalen-Helchteren | €80,308 | €22,245 | 71.9% | - |
| Dries Van Hulle Maldegem | €47,552 | €20,430 | 83.1% | - |
These companies have the same main activity as SPEED ALPHA: repair and maintenance of machinery (NACE 33120). They are comparable in size and age: total assets between €47,600 and €80,300, founded between 2022 and 2023.
SPEED ALPHA files the micro format. That format states no turnover. The gross margin fell from €21,367 in 2023 to €17,696 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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