The computed 12-month bankruptcy probability of TORRESOL BELGIUM is 5.8% (elevated). The 2022 annual accounts show equity of €7,590 and a net result of €7,440. Its solvency ranks better than 25% of 723 sector peers (NACE 78, financial year 2022). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.
Temporary employment agencies and other provision of personnel
NACE 78200
1 site
Size
€32,961total assets 2022
Equity
€7,590
Profit
€7,440
Turnover not published (micro format)
Financial health
Bankruptcy probabilitywithin 12 months
5.8%
2022 figures too old to score
Structure
2022 accounts filed 69 days late1 deed in the Belgian Official Gazette
Signalsraises riskFigures for financial year 2022 (filed 15-10-2023)3 financial years not filed after the legal deadline; last filed accounts filed 69 days late; 1 of the last 3 lateSize: total assets €32,9612022 accounts filed 69 days latelowers riskSector: Employment activities (NACE 78)Show the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; 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 available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Financial strength, FY 2022
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency48
equity 23.0% of total assets
Liquidity48
short-term debt 77.0% · cash 31.9%
Profitability97
return on assets 22.6%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
5.8%Elevated
0%0.5%1.5%4%10%≥ 25%
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.3% (1,373 companies, NACE 78, micro)
Last 24 months11-2024: 3.2%lowest value12-2024: 3.8%▲ +0.6 percentage points vs 11-202401-2025: 5.0%▲ +1.2 percentage points vs 12-202402-2025: 5.0%● unchanged vs 01-202503-2025: 5.2%▲ +0.2 percentage points vs 02-202504-2025: 4.7%▼ -0.5 percentage points vs 03-202505-2025: 4.7%● unchanged vs 04-202506-2025: 4.3%▼ -0.4 percentage points vs 05-202507-2025: 4.3%● unchanged vs 06-202508-2025: 6.0%▲ +1.7 percentage points vs 07-202509-2025: 6.0%● unchanged vs 08-202510-2025: 6.0%● unchanged vs 09-202511-2025: 6.5%▲ +0.5 percentage points vs 10-202512-2025: 6.5%● unchanged vs 11-202501-2026: 6.5%● unchanged vs 12-202502-2026: 6.5%● unchanged vs 01-202603-2026: 6.5%● unchanged vs 02-202604-2026: 6.5%● unchanged vs 03-202605-2026: 6.5%● unchanged vs 04-202606-2026: 6.5%● unchanged vs 05-202607-2026: 6.5%● unchanged vs 06-2026highest value08-2026: 6.1%▼ -0.4 percentage points vs 07-202609-2026: 6.1%● unchanged vs 08-202610-2026: 5.8%▼ -0.3 percentage points vs 09-2026
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 08-10-2023, 69 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
tick = median of all Belgian filingsring = median in the sector
This company filed its 2022 accounts 69 days after the deadline; the sector median (NACE 78) for financial year 2022 is 11 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
Annual accounts filedfinancial year 2022 · micro…
Key points
Caution: Among the weakest 16% on equitysector median €63,602 · 723 companies€7,590View
Caution: Latest accounts filed lateafter the legal deadline69 daysView