If you are reading this article, you likely downloaded s-peek and are looking to further evaluate some companies. But which report should you choose? Which one is the best suited to your needs?

To help you make the right choice between available reports, let’s clarify the two main types you can choose from:

• Flash Report: this report provides you with the company's Credit Score, a suggested credit limit, and any black records, such as protests or insolvency proceedings. It also includes a brief risk analysis categorized into key macro areas.s.

• Extended12M Report: this report includes everything found in the Flash Report, plus additional information. It features details about the black records reported, financial statements for the past three years, risk analysis based on financial indicators, board composition, a list of shareholders and their respective stakes. Additionally, the Extended12M reports come with free updates for 12 months from the date of purchase.

To better understand the differences between the two reports, let’s consider a practical example.

Understanding risk categories

Imagine you need to evaluate the financial health of a potential client before deciding whether to start a business relationship.

By accessing s-peek, you’ll receive an initial overview of the risk category in which the company falls. While the risk band provides a useful starting point, it doesn’t offer much information about the company’s actual financial health. Each category encompasses up to four risk classes and fails to specify critical details such as:

• Is it a large enterprise or a small to medium-sized enterprise (SME)?
• Is it growing or declining?
• Is it profitable or operating at a loss?

These and many other insights are available in the detailed reports.

The Flesh report

The first level of analysis is provided by the Flash report. The most relevant information can be found in the Credit Risk section.

Upon opening the report of our sample company, you will discover that the company has a Credit Score of BBB, which indicates that it is stable but still somewhat vulnerable to significant economic events.

The suggested credit limit outlines the maximum recommended exposure. For example, for a small enterprise s-peek might recommend not exceeding €89,000. This amount represents the threshold above which the company might struggle to repay its debts if it faces financial challenges.

The Negativity section reveals whether there are any insolvency procedures or protests filed against the company—this company has none.

You can also review key solvency, liquidity, and profitability indicators from the past three years, which are essential for assessing a company's financial health. In this case, there is a slight deterioration in liquidity, which is the company's weakest area. This may suggest increased difficulty in securing enough cash flow to meet short-term obligations, such as commercial debts.

To sum up, from this report, you learn that the company is small, financially healthy, and has no black records, making it safe to extend credit up to €89,000.

Summary: what the Flash Report includes

• MORE Score
• Suggested credit limit
• Presence of black records
• Risk analysis by macro-areas
• Basic company information

But what about the company’s revenue, profitability, or management?

The Extended12M Report

The information provided in the Flash report may not be sufficient to determine whether to proceed with a business relationship. This is where the Extended report becomes valuable.

The Extended report offers additional insights that go beyond the data in the Flash report, starting with financial statements from the past three years. 

Where does this data come from?

s-peek connects with Italian Chambers of Commerce and international data providers, accessing publicly available financial statements. No private information is used—only freely accessible data.

The Credit Risk section is also enhanced to provide a more comprehensive analysis, including the scores and values for each indicator used in the risk assessment.

Additionally, the Extended Report offers detailed information regarding the negative records, including specifics about flagged incidents.

Another important feature of the Extended Report is the Ownership Structure section. This section reveals the shareholders of the company and the scores of any related entities, giving you a complete overview of the business's overall health.

In this case, you will find that the company is fully owned by Dandisoft S.p.A. To gather more information about this entity, you can easily click on its name to download its report.

Summary: what the Extended report includes

• MORE Score
• Suggested credit limit
• Presence and details of negative records
• Revenue, profit, and full financial data for the past 3 years
• Detailed risk analysis by indicator
• Industry comparisons
• Detailed company information
• Ownership structure
• Board composition

Additionally, Extended reports are monitored and updated at no additional cost for 12 months from the purchase date, ensuring you remain informed about any changes in the company’s financial health.

Now that you have examined the differences between these two types of reports, you can select the one that best suits your business needs. Whether you require a quick overview or detailed insights, S-Peek reports provide you with the information you need to make informed decisions with confidence.