FA-CO
ActiveSummary
The computed 12-month bankruptcy probability of FA-CO is 5.6% (elevated). For FA-CO, at least two annual filings are missing. The 2023 annual accounts show equity of €15,654 and a net result of €4,446. Equity has been growing by about 22% per year since 2021. Its solvency ranks better than 55% of 23,998 sector peers (NACE 47, financial year 2023). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 22-02-2021 Normal situation
- Activity
- Retail sale of cars and light vans (up to 3.5 tonnes) NACE 47811and 1 other
- Establishment unit
- 2.314.036.651 7110 La Louvière, since 22-02-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 01-09-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 5.6%
2023 figures too old to score
Annual accounts 2023
- Gross margin
- €7,747
- ▲ 286%
- Turnover
- ≈ €120,000
- estimated
- Profit
- €4,446
- ▲ 736%
- Equity
- €15,654
- ▲ 39.7%
- Total assets
- €41,985
- ▲ 247%
- 2024 accounts not filed, 460 days past the deadline
Signalsraises riskFigures for financial year 2023 (filed on 13-08-2024)2 financial years not filed after the legal deadline; last filed accounts filed 9 days lateSize: total assets €41,985Two or more financial years not filed2023 accounts filed 9 days latelowers riskLiquidity: current ratio 1.61, cash €17,633Show the evidence
Bankruptcy probability
No current score
Figures too old
The latest figures are for FY 2023. They are too old for a current score.
Bankruptcy probability: Elevated
Filing: At least two annual filings are missing
Financial strength, FY 2023 · tick: 2022
Strong
Solvency
62-38
equity 37.3% of total assets
Liquidity
68-32
short-term debt 60.9% · cash 42.0%
Profitability
82+8
return on assets 10.6%
Bankruptcy probability within 12 months
5.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.9%
01-2025: 0.9%● unchanged vs 12-2024
02-2025: 0.9%● unchanged vs 01-2025lowest value
03-2025: 0.9%● unchanged vs 02-2025
04-2025: 1.2%▲ +0.3 percentage points vs 03-2025
05-2025: 1.5%▲ +0.3 percentage points vs 04-2025
06-2025: 1.5%● unchanged vs 05-2025
07-2025: 1.6%▲ +0.1 percentage points vs 06-2025
08-2025: 2.7%▲ +1.1 percentage points vs 07-2025
09-2025: 2.9%▲ +0.2 percentage points vs 08-2025
10-2025: 4.9%▲ +2.0 percentage points vs 09-2025
11-2025: 5.0%▲ +0.1 percentage points vs 10-2025
12-2025: 5.8%▲ +0.8 percentage points vs 11-2025
01-2026: 7.1%▲ +1.3 percentage points vs 12-2025
02-2026: 7.1%● unchanged vs 01-2026
03-2026: 7.4%▲ +0.3 percentage points vs 02-2026
04-2026: 6.8%▼ -0.6 percentage points vs 03-2026
05-2026: 6.8%● unchanged vs 04-2026
06-2026: 6.6%▼ -0.2 percentage points vs 05-2026
07-2026: 6.6%● unchanged vs 06-2026
08-2026: 8.6%▲ +2.0 percentage points vs 07-2026
09-2026: 10.1%▲ +1.5 percentage points vs 08-2026highest value
10-2026: 5.6%▼ -4.5 percentage points vs 09-2026
11-2026: 5.6%● unchanged vs 10-2026
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Signals
Six signals.
lowers riskraises risk
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2024 year end31-07-2025 deadline03-11-2026 today
raises risk · 2023 accounts filed 9 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 09-08-2024, 9 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
9 days late
2022
18 days late
2021
27 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 18 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (1)
Recent changes
- · Gazette deed Registered office moved within La LouvièreNew seat: rue Albert 1er Roi des Belges 38 7100 La Louvière · Previous seat: rue de Braine 5, 7100 La Louvière, Belgique · Resignation: Lembarki Mohamed (daily management delegate)
- · Gazette deed Transfer of 100 sharesResignation: Lembarki Mohamed (director) · Appointment: Aoulad Haddou Saïd (director)
- · Gazette deed Transfer of 100 sharesResignation: Dehu Ludovic (director) · Appointment: Lembarki Mohamed (director)
Comparable companies
These companies have the same main activity as FA-CO: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €29,000 and €49,700, founded between 2020 and 2021.
| Company | Total assets | Gross margin |
|---|---|---|
| FA-CO La Louvière | €41,985 | €7,747 |
| DriverSide Puurs-Sint-Amands | €39,083 | €9,801 |
| AM BELGIE COMPANY Sint-Pieters-Leeuw | €36,045 | €5,655 |
| MECANOSPORT Anderlecht | €32,621 | €8,328 |
| MSL Group Sint-Jans-Molenbeek | €49,686 | €7,888 |
| CF AUTOMOBILES Sint-Genesius-Rode | €45,469 | €5,923 |
| TBK CARS Châtelet | €28,953 | €10,401 |
Key facts about FA-CO
- What is the company number of FA-CO?
- The company number of FA-CO is 0763.882.324. The VAT number is the same number with BE in front: BE 0763.882.324.
- Where is FA-CO based?
- The registered office is at Rue Albert 1,Roi des Belges(L.L) 38, 7100 La Louvière.Company details
- What does FA-CO do?
- According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
- What is the legal form of FA-CO?
- The legal form of FA-CO is Private limited company (BV).
- When was FA-CO founded?
- FA-CO was founded on 22-02-2021.
- Is FA-CO still active?
- Yes, FA-CO is an active enterprise in the KBO register.
- What is the turnover of FA-CO?
- The turnover in financial year 2023 is ≈ €120,000. This figure is estimated from the gross margin of €7,747 and 73 comparable companies (NACE 47811). It probably lies between €59,000 and €350,000. It is a rough estimate.Financials
- Is FA-CO profitable?
- In financial year 2023, FA-CO made a profit of €4,446.
- Where can I find the annual accounts of FA-CO?
- FA-CO filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2023.
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