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Succespath

Active Private limited companyfounded 2024active for 2 yearsLouis Segersstraat 10, 2880 BornemKBO/BCE: BE 1016.008.088

Lifetime

1 annual account with figures
peak €115,324 (2025)
€115,324 
peak €83,832 (2025)
€83,832 
peak €85,832 (2025)
€85,832 
€24,843 
Board1 name since 2024
1 directorAndy De Bondt
Documentsfilings and deeds
15-05-202677 days before the deadline
2025micro format
First year with figures

Key points

from the 2025 annual accounts

Turnover

≈ €170,000 estimated

The micro format states no turnover.

Position in the sector

€83,832

Higher net result than 87% of companies in office administrative support. Sector median €16,204 · 9,692 companies.

Checked score

98
Excellent
Financially stronger than 87% of micro companies in office administrative support (NACE 82)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2025: 0.6% 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.7%▲ +0.1 percentage points vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.8%▲ +0.1 percentage points vs 04-2026highest value 06-2026: < 0.1%▼ -0.8 percentage points vs 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

100equity 77.6% of total assets
92short-term debt 22.3% · cash 50.3%
100return on assets 75.7%

Score breakdown

raises risk
Founded in 2024
lowers risk
Liquidity: current ratio 4.29, cash €55,707
Sector: Office administrative, office support and other business support activities (NACE 82)
Equity €85,832 (77.6% of total assets)
Calculation

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 82, micro). It does better than 88% of them on solvency, 87% on liquidity and 87% on profitability.

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).

Comparable companies, two years later

In July 2024, 39,278 companies had the same profile as Succespath has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
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.

The bankruptcy probability of Succespath itself is lower: < 0.1% within 12 months. It rests on far more data about Succespath than the profile alone.

Test of the method

The method was tested on the 497,447 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 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 Succespath. 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 of up to €8,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record

Liquidity is ample, with a current ratio of 4.29, above the usual 1.5. Short-term debt is 22.3% and cash 50.3% of total assets. 22.4% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 4.29, cash €55,707
NBB · annual accounts
lowers risk · Sector: Office administrative, office support and other business support activities (NACE 82)
KBO
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €85,832 (77.6% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-05-2026, 77 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
77 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Board and ownership

AD
Director
  • Andy De Bondt 100 sharesdeed of 12-11-2024
Board & ownership

Recent changes

Incorporation Founding capital of €2,000, 100 shares · Founder: Andy De Bondt · Appointment: Andy De Bondt (statutory director) · published on 12-11-2024 · Gazette deed
First establishment Louis Segersstraat 10, Bornem
All 3 events

Comparable companies

same main activity, similar in size and age
Company
Succespath Bornem €110,676 €115,324 77.6% -
Mendura Malle €110,914 €121,448 3.3% -
VDM Project Solutions Schoten €112,701 €125,321 86.7% -
Norendi Consult Herentals €128,676 €116,220 72.2% -
Asteres Antwerp €134,230 €114,569 87.6% -
ML Management Lier €132,572 €102,719 64.8% -
Rebel Pulse Management Steenokkerzeel €115,017 €105,819 78.7% -

These companies have the same main activity as Succespath: other business support services (NACE 82990). They are comparable in size and age: total assets between €111,000 and €134,000, founded between 2024 and 2025.

Official details

Source: KBO
Status
Active since 07-11-2024Normal situation
Activity
Other business support servicesNACE 82990
Establishment unit
2.366.242.7442880 Bornem, since 07-11-2024
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€110,676
Filing
Filed on 15-05-2026, 77 days before the end of the filing period
Financials

Insights on Succespath

Succespath has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €85,832 and a net result of €83,832.

Its solvency ranks better than 77% of 9,696 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Succespath

What is the company number of Succespath?
The company number of Succespath is 1016.008.088. The VAT number is the same number with BE in front: BE 1016.008.088.
Where is Succespath based?
The registered office is at Louis Segersstraat 10, 2880 Bornem.Company details
What does Succespath do?
According to the KBO register, the main activity is other business support services (NACE 82990).
What is the legal form of Succespath?
Succespath is a private limited company (BV).
When was Succespath founded?
Succespath was founded on 07-11-2024.
Is Succespath still active?
Yes, Succespath is an active enterprise in the KBO register.
What is the turnover of Succespath?
The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €115,324 and 31 comparable companies (NACE 82990). It probably lies between €140,000 and €240,000.Financials
Is Succespath profitable?
In financial year 2025, Succespath made a profit of €83,832.
Where can I find the annual accounts of Succespath?
Succespath filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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