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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Van Gemert has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The latest annual accounts at the National Bank, for financial year 1979, were filed on 26-01-1981, in a sector format.