Results and financial structure of firms in 2009
研究了2009年比利时非金融企业的财务状况，分析了盈利能力和偿债能力，并揭示了财务比率分布与破产风险的关系，对关注企业财务健康的研究者和从业者有参考价值。
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.