Turnover
≈ €160,000 estimated
The micro format states no turnover.
FC Projects
Lifetime
2 annual accounts with figures on one time axispeak €139,756 (2024)
€31,830▼ 77.2%
peak €8,917 (2024)
€4,073▼ 54.3%
peak €15,991 (2025)
€15,991▲ 34.2%
€52,788▼ 12.1%
Board1 name since 2023
1 directorFRALLEONI Claudio
Documentsfilings and deeds
30-01-20261 day before the deadline
2025micro format
Gross margin from €139,756 to €31,830Result from €8,917 to €4,073Company renamed from Excelsior Hasselt to FC Projects 13-01Equity from €11,917 to €15,991Cash from €8,343 to €10,882
Key points
from the 2025 annual accountsChecked score
34
Weak
Financially stronger than 51% of micro companies in food and beverage service (NACE 56)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
9.3% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,791 companies (NACE 56, micro).
About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 5.2%
01-2025: 5.1%▼ -0.1 percentage points vs 12-2024
02-2025: 4.7%▼ -0.4 percentage points vs 01-2025
03-2025: 4.7%● unchanged vs 02-2025
04-2025: 4.7%● unchanged vs 03-2025
05-2025: 4.7%● unchanged vs 04-2025
06-2025: 4.7%● unchanged vs 05-2025
07-2025: 4.7%● unchanged vs 06-2025
08-2025: 4.7%● unchanged vs 07-2025
09-2025: 4.7%● unchanged vs 08-2025
10-2025: 5.8%▲ +1.1 percentage points vs 09-2025
11-2025: 6.9%▲ +1.1 percentage points vs 10-2025
12-2025: 6.8%▼ -0.1 percentage points vs 11-2025
01-2026: 7.0%▲ +0.2 percentage points vs 12-2025
02-2026: 7.7%▲ +0.7 percentage points vs 01-2026
03-2026: 4.1%▼ -3.6 percentage points vs 02-2026lowest value
04-2026: 8.8%▲ +4.7 percentage points vs 03-2026
05-2026: 8.8%● unchanged vs 04-2026
06-2026: 8.8%● unchanged vs 05-2026
07-2026: 8.8%● unchanged vs 06-2026
08-2026: 8.8%● unchanged vs 07-2026
09-2026: 8.8%● unchanged vs 08-2026
10-2026: 9.3%▲ +0.5 percentage points vs 09-2026
11-2026: 9.3%● unchanged vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
2 changes of registered office in 24 months
Founded in 2023
Sector: Food and beverage service activities (NACE 56)
Size: total assets €68,779
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 44% of them on solvency, 25% on liquidity, 60% on profitability and 75% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 7,976 companies had the same profile as FC Projects has now. Each dot stands for 20 companies, two years later.
94.3%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of FC Projects itself is higher: 9.3% within 12 months. It rests on far more data about FC Projects than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,976 companies, not a prediction for FC Projects. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.17 (1.11 in 2024), below the usual 1.5. Short-term debt is 73.6% and cash 15.8% of total assets. 76.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
raises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
1 day early
2024
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 1 day before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Recent changes
Registered office moved from Houthalen-Helchteren to Genk
New registered office: Koning Boudewijnlaan 71 3600 Genk · Previous registered office: Springstraat 32a 3530 Houthalen-Helchteren · General meeting of 30-01-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0799313850
Company renamed from Excelsior Hasselt to FC Projects
Registered office moved from Hasselt to Houthalen-Helchteren · New registered office: Springstraat 32a, 3530 Houthalen-Helchteren · Previous registered office: Oude Kuringerbaan 125, 3500 Hasselt · General meeting of 28-10-2024 · Gazette deed
Incorporation
Founding capital of €3,000, 300 shares · Founder: FRALLEONI Claudio (oprichter comparant) · Appointment: FRALLEONI Claudio (director) · published on 10-03-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FC Projects Genk | €68,779 | €31,830 | 23.2% | - |
| MIA Capital Genk | €68,968 | €30,594 | 79.7% | 0.3 |
| Mouton Noir Garisart Martelange | €73,357 | €29,942 | 35.6% | - |
| DELDEC Le Roeulx | €66,938 | €29,258 | 6.1% | - |
| Target Crea Solutions Menen | €69,818 | €34,396 | 75.1% | - |
| Retro Mania Middelkerke | €66,793 | €35,884 | -14.0% | - |
| Mellie Mortsel | €62,668 | €31,835 | -34.2% | - |
These companies have the same main activity as FC Projects: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €62,700 and €73,400, founded in 2023.
Official details
Source: KBO- Status
- Active since 08-03-2023Normal situation
- Activity
- Full-service restaurantsNACE 56111and 3 others
- Joint committee
- 302Hotels and catering · annual accounts 30-06-2024
- Establishment unit
- 2.342.664.8163600 Genk, since 08-03-2023
- Financial year end
- 30 June
- Peppol
- Reachable since 03-02-2026
Annual accounts to 30-06-2025
- €68,779▼ 4.5%
- Employeeson 30-06-2025
- 1▼ 66.7%
- Filing
- Filed on 30-01-2026, 1 day before the end of the filing period
Insights on FC Projects
The computed 12-month bankruptcy probability of FC Projects is 9.3% (elevated). The 2025 annual accounts show equity of €15,991 and a net result of €4,073.
Its solvency ranks better than 44% of 17,158 sector peers (NACE 56, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about FC Projects
- What is the company number of FC Projects?
- The company number of FC Projects is 0799.313.850. The VAT number is the same number with BE in front: BE 0799.313.850.
- Where is FC Projects based?
- The registered office is at Koning Boudewijnlaan 71, 3600 Genk.Company details
- What does FC Projects do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of FC Projects?
- FC Projects is a private limited company (BV).
- When was FC Projects founded?
- FC Projects was founded on 08-03-2023.
- Is FC Projects still active?
- Yes, FC Projects is an active enterprise in the KBO register.
- How many employees does FC Projects have?
- FC Projects had an average of 2.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does FC Projects fall under?
- In its 30-06-2024 annual accounts, FC Projects states joint committee 302 (Hotels and catering).
- What is the turnover of FC Projects?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €31,830 and 60 comparable companies (NACE 56111). It probably lies between €120,000 and €210,000.
- Is FC Projects profitable?
- In financial year 2025, FC Projects made a profit of €4,073.
- Where can I find the annual accounts of FC Projects?
- FC Projects filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FC Projects due?
- FC Projects must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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