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 2020. They are too old for a current score.
Bankruptcy probability: High
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.
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Financial strength, FY 2020
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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Credit check for an amount and term of your choice
The 2020 annual accounts show negative equity (-€15,447) and a net result of -€191. Equity has been shrinking by about 3.1% per year since 2018.
The company has been active since 1993 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry.