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.
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
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.
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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Company renamed from VKB ADVIES to VIMA
Resignations: , and · Appointment: (director) · “Het verwerven van participaties in eender welke vorm,in alle bestaande of op te richten rechtspersonen of…” (deed in Dutch) · General meeting of 19-06-2020 · Gazette deed
Incorporation
Founders: , and · Founding capital of €18,600, 90 shares, €6,300 paid up · Appointments: , and · published on 18-09-2017 · Gazette deed
First establishment
Wildebeekstraat 149, Denderleeuw
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as VIMA: other financial services (NACE 64999). They are comparable in size and age: total assets between €5.7m and €21m, founded between 2010 and 2021.