EconPapers    
Economics at your fingertips  
 

Results and financial structure of firms in 2009

David Vivet
Additional contact information
David Vivet: National Bank of Belgium, Microeconomic Information Department

Economic Review, 2010, issue iii, 107-132

Abstract: The article looks at the financial situation of non-financial corporations in Belgium over the period from 1 January to 31 December 2009. After briefly describing the methodology and the population studied, it presents an extrapolation of the main operating result items for 2009. It assesses then the financial situation of companies as regards profitability and solvency. Since last year, the scope of this assessment has been widened to cover the entire population : apart from the medians, the first and third quartiles, as well as the tenth and ninetieth percentiles, have been studied too. Finally, the article gives some insight into the relation between financial ratios’ distribution and bankruptcy risk. This insight shows for instance that the relation between solvency and bankruptcy risk is markedly negative : the higher the solvency, the lower the bankruptcy risk, and vice versa. The same kind of relation can be derived for other variables, such as profitability or debt ratios.

Keywords: firms’ results; financial structure; bankruptcy risk; sectoral analysis; distribution analysis (search for similar items in EconPapers)
JEL-codes: D39 G30 G33 L60 L80 (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.nbb.be/en/articles/results-and-financial-structure-firms-2009-0 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nbb:ecrart:y:2010:m:december:i:iii:p:107-132

Access Statistics for this article

More articles in Economic Review from National Bank of Belgium Contact information at EDIRC.
Bibliographic data for series maintained by ().

 
Page updated 2025-03-19
Handle: RePEc:nbb:ecrart:y:2010:m:december:i:iii:p:107-132