FALCO
A bankruptcy procedure is open for FALCO according to publications in the Belgian State Gazette. The file additionally contains 1 judicial reorganisation and 1 administrative flag. The 2022 annual accounts show negative equity (€-235k) and a net result of €-49k.
| Equity | €-235k |
| Net result | €-49k |
| Staff (FTE) | 6.6 |
| Better than sector | 6% |
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -17.3% | 32.9% | |
| Net result | €-49k | €20k | |
| Equity | €-235k | €84k | |
| Gross operating margin | €252k | €109k | |
| Staff costs | €202k | €172k |
Figures by fiscal year and ratios
| Fiscal year | 2022 |
|---|---|
| Deposit | full schema |
| Revenue | - |
| EBITDA | €33k |
| Net profit | €-49k |
| Cash flow | €-14k |
| Staff costs | €202k |
| Income taxes | €149 |
| Dividends | - |
| Total assets | €1.36M |
| Equity | €-235k |
| Debt | €1.59M |
| of which ≤ 1y | €1.52M |
| of which > 1y | €70k |
| Working capital | €-828k |
| Employees (FTE) | 6.6 |
| 2022 | |
|---|---|
| Current ratio | 0.45 |
| Quick ratio | 0.24 |
| Working capital ratio | -61.0% |
| Solvency | -17.3% |
| Debt / equity | -6.78 |
| Long-term debt ratio | -0.30 |
| Interest coverage | 0.64 |
| Gross margin | - |
| Net margin | - |
| ROA | -3.6% |
| ROE | 20.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (25 line items)
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.36M |
| Fixed assets | 21/28 | €668k |
| Tangible fixed assets | 22/27 | €612k |
| Financial fixed assets | 28 | €56k |
| Current assets | 29/58 | €689k |
| Stocks & contracts in progress | 3 | €322k |
| Amounts receivable within one year | 40/41 | €307k |
| Cash & bank | 54/58 | €56k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.36M |
| Equity | 10/15 | €-235k |
| Contributions / capital | 10/11 | €478k |
| Reserves | 13 | €73k |
| Accumulated profits (losses) | 14 | €-1.29M |
| Amounts payable | 17/49 | €1.59M |
| Amounts payable after one year | 17 | €70k |
| Amounts payable within one year | 42/48 | €1.52M |
| Trade debts payable within one year | 44 | €475k |
| Income statement | ||
| Gross operating margin | 9900 | €252k |
| Operating result | 9901 | €-2k |
| Financial income | 75 | €4k |
| Financial charges | 65 | €51k |
| Result before taxes | 9903 | €-49k |
| Income taxes | 67/77 | €149 |
| Net result for the period | 9904 | €-49k |
| Result to be appropriated | 9905 | €-49k |
Historic, not recently confirmed (1)
-
BALBO FiloménaDirectorState Gazette act 03036896 (31-03-2003)Not recently confirmedlast confirmed in an act from 2003
| Role | Name | Tenure |
|---|---|---|
| Curator | MELANIE HARVENGT RUE DE ROBIANO 74,
7130 BINCHE- .
Date provisoire de cessation de paiement : 18/12/2023 |
18-12-2023 → present |
| NACE primary | Roofing work(43410) |
| Legal form | Public limited company(014) |
| Incorporation | 24-11-1994 |
| Status | Active |
| Postal code | - |
| First insolvency signal | 20-12-2022 |
| Latest insolvency signal | 22-12-2023 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56043A0250/00D003 | Wallonia | 1.4 ha | 1 · 987 m² | 9.5 m · 1 fl. |
The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.
We hold 2 further earlier events in this file, covering 12-12-2022 to 04-04-2025.
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
05-12-2023 Registered office moved from La Louvière to Leval Trahegnies
- Rue de la Croix du Maïeur(S-B) 7 - 7110 La Louvière → Rue Albert ler 46 7134 Leval Trahegnies (Binche)
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Rue Albert ler 46\n7134 Leval Trahegnies (Binche)",
"city": "Leval Trahegnies",
"region": "waals_gewest",
"street": "Rue Albert ler",
"country": "BE",
"postcode": "7134",
"box_number": null,
"street_number": "46",
"locality_suffix": "(Binche)"
},
"old_address": {
"raw": "Rue de la Croix du Ma\u00EFeur(S-B) 7 - 7110 La Louvi\u00E8re",
"city": "La Louvi\u00E8re",
"region": "waals_gewest",
"street": "Rue de la Croix du Ma\u00EFeur",
"country": "BE",
"postcode": "7110",
"box_number": null,
"street_number": "7",
"locality_suffix": "(S-B)"
},
"effective_date": null,
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2023-12-05",
"filing_date": null,
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "algemene_vergadering",
"date": "2023-10-30",
"unanimous": null
},
"subject_company": {
"kbo": "0453.893.979",
"name_full": "FALCO",
"legal_form": "SA"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Serge Solau",
"org_rep_person_name": null,
"person_role_at_subject": "Mandataire"
},
"co_filed_documents": []
}31-03-2003 BALBO Filoména appointed as director
- BALBO Filoména, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "BALBO Filom\u00E9na",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2003-01-01",
"evidence_quote": "Nomination de Madame BALBO Filom\u00E9na en qualit\u00E9 d\u0027administrateur \u00E0 partir du 1.1.2003.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "decharge_granted",
"role": "commissaris",
"person": {
"rrn": null,
"name": "BALBO Filom\u00E9na",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "A l\u0027unanimit\u00E9, l\u0027assembl\u00E9e extraordinaire du 1 janvier 2003 accepte.",
"decharge_status": "granted",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2003-03-31",
"filing_date": "2003-03-21",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2003-01-01",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0453.893.979",
"name_full": "FALCO SOCIEIE ANONYME",
"legal_form": "SA",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Falconi Dom\u00E9nico",
"org_rep_person_name": null,
"person_role_at_subject": "Administgateur-d\u00E9l\u00E9gu\u00E9"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}No credit: a bankruptcy procedure is open.
| Legal nameFR | FALCO |
- 04-04-2025 Address struck