Gross margin from -€2,558 to -€11,081Loss of €14,152Equity from -€45,859 to -€60,011Debts from €85,820 to €103,230Investments €3,849Cash from €25,225 to €6,083
Lower solvency than 93% of companies in retail trade. Sector median 32.1% · 22,540 companies.
2022 figures too old to scoreTurnover not published (micro format)
Bankruptcy probability
No current score
Checked score
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 2022. They are too old for a current score.
Bankruptcy probability: Elevated
Filing: At least two annual filings are missing
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.
8.2% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months12-2024: 5.2%lowest value01-2025: 5.2%● unchanged vs 12-2024lowest value02-2025: 7.1%▲ +1.9 percentage points vs 01-202503-2025: 7.1%● unchanged vs 02-202504-2025: 8.6%▲ +1.5 percentage points vs 03-2025highest value05-2025: 8.6%● unchanged vs 04-2025highest value06-2025: 8.6%● unchanged vs 05-2025highest value07-2025: 8.6%● unchanged vs 06-2025highest value08-2025: 8.6%● unchanged vs 07-2025highest value09-2025: 8.6%● unchanged vs 08-2025highest value10-2025: 8.6%● unchanged vs 09-2025highest value11-2025: 8.6%● unchanged vs 10-2025highest value12-2025: 8.6%● unchanged vs 11-2025highest value01-2026: 8.6%● unchanged vs 12-2025highest value02-2026: 8.3%▼ -0.3 percentage points vs 01-202603-2026: 8.3%● unchanged vs 02-202604-2026: 8.3%● unchanged vs 03-202605-2026: 8.3%● unchanged vs 04-202606-2026: 8.3%● unchanged vs 05-202607-2026: 8.3%● unchanged vs 06-202608-2026: 8.3%● unchanged vs 07-202609-2026: 8.2%▼ -0.1 percentage points vs 08-202610-2026: 8.2%● unchanged vs 09-202611-2026: 8.2%● unchanged vs 10-2026
Financial strength, FY 2022
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.
Weak
0=equity -138.9% of total assets
18-32short-term debt 238.9% · cash 14.1%
0-10return on assets -32.7%
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raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
30-06-2023 year end31-01-2024 deadline10-11-2026 today
raises risk · 2022 accounts filed 27 days late
The financial year that closed on 30-06-2022 was due by 31-01-2023 and was filed on 27-02-2023, 27 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
The company filed its last 4 accounts on average 10 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
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 XT: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €39,300 and €53,700, founded between 2009 and 2012.