Turnover
The micro format states no turnover.
The micro format states no turnover.
Eight of the last ten came late. The 2021 accounts came latest: 31 days after the end of the period.
Lower net result than 83% of companies in specialised construction. Sector median €10,190 · 35,144 companies.
In July 2024, 12,322 companies had the same profile as VEMA has now. Each dot stands for 31 companies, two years later.
Another 0.5% 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 12,322 companies, not a prediction for VEMA. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| VEMA Saint-Georges-sur-Meuse | €94,131 | €13,902 | 60.1% | - |
| SANI CHALEUR Welkenraedt | €84,732 | €15,637 | -171.7% | - |
| Centrale Verwarming en Sanitair VERSCHAEVE Zedelgem | €96,560 | €14,943 | 95.7% | - |
| STEEN Zedelgem | €99,700 | €15,524 | 49.9% | - |
| VAN DEN BOSSCHE MARC Herzele | €97,386 | €12,923 | 94.4% | - |
| ERIC PUTS Lokeren | €83,049 | €13,434 | 83.0% | - |
| MERTENS Baelen | €81,534 | €13,618 | -11.0% | - |
These companies have the same main activity as VEMA: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €81,500 and €99,700, founded between 1988 and 1993.
VEMA files the micro format. That format states no turnover. The gross margin fell from €22,025 in 2006 to €13,902 in 2025.
The balance sheet grew most in 2008 through fixed assets, financed with long-term debt.
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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