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.
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.
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -17.3% | 34.4% | |
| Net result | €-49k | €22k | |
| Equity | €-235k | €84k | |
| Gross operating margin | €252k | €101k | |
| Staff costs | €202k | €155k |
| Fiscal year | 2022 |
|---|---|
| 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) | - |
| 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 |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | MELANIE HARVENGT RUE DE ROBIANO 74,
7130 BINCHE- .
Date provisoire de cessation de paiement : 18/12/2023 |
18-12-2023 → present | Belgian State Gazette |
| NACE primary | Specialised construction(43410) |
| Legal form | Public limited company(014) |
| Incorporation | 24-11-1994 |
| Status | Active |
| Postal code | - |
| First BS signal | 20-12-2022 |
| Latest BS signal | 22-12-2023 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56043A0250/00D003 | Wallonia | 1.4 ha | 1 · 987 m² | 9.5 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
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
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"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,
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"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,
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"firm_name": null,
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"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",
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"publication_proxy": {
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"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",
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"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",
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},
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"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,
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"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
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | FALCO |
- 04-04-2025 Address struck