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Falco

Active
Private limited companyfounded 2022active for 4 yearsVossenbergstraat 95, 3500 Hasselt, BelgiumKBO/BCE: BE 0789.332.550
Summary

Falco is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The latest annual accounts of Falco were filed more than 90 days after the deadline. The 2023 annual accounts show negative equity (-€797) and a net result of -€4,797. Its solvency ranks better than 9% of 3,043 sector peers (NACE 66, financial year 2023). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Insurance agents and brokers
NACE 66220
1 site
Size
€534,800total assets 2023
Staff
0.9 FTE
Equity
-€797
Loss
-€4,797
Turnover not published (micro format)
Financial health
Financial institution: outside the modelBankruptcy probability: sector outside the model
Structure
2023 accounts filed 182 days late1 of 3 deeds summarised
Signalsraises risk2023 accounts filed 182 days lateShow the evidence

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Filing: Filed more than 90 days late
Bankruptcy probability, 12 months

This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.

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Signals

1 signal.
raises risk
raises risk · 2023 accounts filed 182 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 29-01-2025, 182 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 1 filing
Deviation from the deadline
2023
182 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2023 accounts 182 days after the deadline; the sector median (NACE 66) for financial year 2023 is 5 days before the deadline, and 40% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2023 · micro…
  2. Resignation: Philippe Eyckens (director)Permanent representative: Fonteyne Ben ·…

Key points

  • Risk: Negative equityfinancial year 2023: debts exceed assets -€797 View
  • Caution: Latest accounts filed lateafter the legal deadline 182 days View
  • Caution: Among the weakest 9% on equitysector median €118,686 · 3,047 companies -€797 View

By topic

Financials

Financial year
2023
Total assets
€534,800
Loss
-€4,797
Solvency
-0.1%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Insurance agents and brokersNACE 66220
Founded
03-08-2022
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about Falco

What is the company number of Falco?
0789.332.550. In Belgium the VAT number is the company number with BE in front: BE 0789.332.550.
Where is Falco based?
The registered office is at Vossenbergstraat 95, 3500 Hasselt.Company details
What does Falco do?
According to the KBO register, the main activity is insurance agents and brokers (NACE 66220).
What is the legal form of Falco?
Private limited company (BV).
When was Falco founded?
On 03-08-2022.
Is Falco still active?
Yes, Falco is an active enterprise in the KBO register.
How many employees does Falco have?
On average 0.9 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of Falco?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Falco profitable?
In financial year 2023, Falco made a loss of €4,797.
Where can I find the annual accounts of Falco?
Falco filed 1 annual account with the National Bank of Belgium, for financial year 2023.

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