# Creditworthiness and company health

> The inputs for assessing a Slovak company: Social Insurance Agency debtors, tax arrears, insolvency and financial statements.

The question "can I supply this company on account?" has a concrete answer assembled from public data. It is not a score from a black box – it is a list of facts you can verify.

## The problem

The decision on payment terms is made by feel, or based on how the counterparty's website comes across. Yet the publicly available signals speak clearly: arrears on contributions, tax debt, bankruptcy proceedings under way.

And where the sources are checked at all, it happens once when the customer is created. The situation changes every month; the check does not.

## How FirmAPI solves it

One call returns the status across every risk list at once: Social Insurance Agency, tax debtors, insolvency, enforcement authorisations. The result can feed your own score or go straight into a limit.

Financial statements add a second dimension – revenue, result and equity over recent years. A company with no debt but three years of falling revenue is a different case from a debt-free company that is growing.

The combination translates into policy: terms granted automatically up to amount X, above X only after review, payment in advance on any appearance in a debtor list.

## A risk profile in one call

```
GET /v1/company/ico/51636549?scope=debtor_status,insolvency,financial_statements

{
  "debtor_status": {
    "is_debtor": true,
    "sources": [
      {
        "source": "socialna_poistovna",
        "debt_amount": "4210.55",
        "listed_since": "2026-07-31"
      }
    ]
  },
  "insolvency": { "has_active_proceedings": false, "proceedings": [] },
  "financial_statements": {
    "latest": { "year": 2025, "net_turnover": 486210, "total_income": 491830, "net_profit": 41730 }
  }
}
```

## Data used
- Social Insurance Agency – debtors
- Tax Authority – tax debtors
- Insolvency Register
- Register of Financial Statements
- Slovak Commercial Bulletin

## Frequently asked questions

### Do you provide your own credit score?

No. We provide the underlying register data with the date it applies to. You build the score to your own risk policy – and you know exactly what it came from.

### How quickly does it show that a company has cleared its debt?

It depends on the source. Debtor lists update on a monthly cycle, insolvency and the journal faster. Every record carries the date it applies to.