Belgium unveils financial health indicator

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The National Bank of Belgium has developed an indicator to rank the financial health of domestic companies that estimates the probability of a firm failing.

A report published on Friday by David Vivet, an economic analyst at the National Bank of Belgium, documents the development of the financial health indicator. Vivet uses annual accounts from Belgian companies to offer a snap shot of a company's financial health at a given year and distinguishes between firms that are likely to prosper over a

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