Turnover
The micro format states no turnover.
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).
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).
In July 2024, 7,976 companies had the same profile as FC Projects has now. Each dot stands for 20 companies, two years later.
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.
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.
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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
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.
| 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.
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.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €160,000. Estimated: probably between €120,000 and €210,000.
Higher than 44% of 17,158 companies in 2025.
Higher than 52% of 16,582 companies in 2025.
Higher than 54% of 16,665 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff costs divided by the average number of full-time equivalents.
In 2025, 10 people joined and 9 left.
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
68,779 | 71,987 | |
21/28 |
9,704 | 10,801 | |
22/27 |
9,704 | 10,801 | |
23 |
6,343 | 5,441 | |
24 |
3,361 | 5,361 | |
29/58 |
59,075 | 61,186 | |
3 |
12,329 | 6,150 | |
30/36 |
12,329 | 6,150 | |
40/41 |
34,864 | 45,151 | |
40 |
28,045 | 31,852 | |
41 |
6,818 | 13,299 | |
54/58 |
10,882 | 8,343 | |
490/1 |
1,000 | 1,542 | |
| Balance sheet: equity and liabilities | |||
10/49 |
68,779 | 71,987 | |
10/15 |
15,991 | 11,917 | |
10/11 |
3,000 | 3,000 | |
14 |
12,991 | 8,917 | |
17/49 |
52,788 | 60,070 | |
17 |
2,143 | 4,848 | |
170/4 |
2,143 | 4,848 | |
42/48 |
50,645 | 55,222 | |
42 |
2,705 | 2,541 | |
44 |
24,006 | 33,570 | |
440/4 |
24,006 | 33,570 | |
46 |
8,649 | 2 | |
45 |
14,698 | 17,887 | |
450/3 |
9,086 | 9,420 | |
454/9 |
5,612 | 8,467 | |
47/48 |
587 | 1,222 | |
| Income statement | |||
76A |
178 | - | |
9900 |
31,830 | 139,756 | |
62 |
20,591 | 119,854 | |
630 |
4,455 | 5,284 | |
640/8 |
62 | - | |
9901 |
6,722 | 14,618 | |
75/76B |
21 | 21 | |
75 |
21 | 21 | |
65/66B |
1,090 | 3,096 | |
65 |
1,090 | 3,096 | |
9903 |
5,653 | 11,543 | |
67/77 |
1,579 | 2,625 | |
9904 |
4,073 | 8,917 | |
9905 |
4,073 | 8,917 | |
| Appropriation of the result | |||
9906 |
12,991 | 8,917 | |
14P |
8,917 | - | |
| Social balance sheet | |||
9087 |
2.2 | 2.2 | |
Hours worked1013 |
720 | 6,211 | |
| Document | |||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 30-01-2026.
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 11,176 | 19,903 | ||
| 8,528 | 14,202 | ||
| 3,980 | 13,787 | ||
| 2,539 | - | ||
| 8,430 | 5,964 | ||
| 23.2% | 16.6% | ||
| 1.17 | 1.11 | ||
| 0.92 | 1.00 | ||
| 3.30 | 5.04 | ||
| 25.5% | 74.8% | ||
| 5.9% | 12.4% | ||
| 10.25 | 6.43 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-06-2025 | 30-06-2024 |
|---|---|---|
| Employees at the balance-sheet date | 1 | 3 |
| full-time | - | 3 |
| part-time | 1 | - |
| in full-time equivalents | 0.4 | 3 |
| 2 | 2.2 | |
| On a permanent contract | 1 | - |
| Joined | 10 | 46 |
| Left | 9 | 45 |
Source: social balance sheet in the 2024 to 2025 annual accounts
| Item | 30-06-2025 | 30-06-2024 |
|---|---|---|
| Tangible fixed assets | €3,980 | €13,787 |
| €4,455 | €5,284 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 54% lower than in 2024.
Debt's share of the balance-sheet total falls from 83.4% to 76.8%. Equity is higher and debt is lower.
FC Projects has no parent and no holdings in its annual accounts. FRALLEONI Claudio is the only director.
| BREAKPOINT
registered office since 02-09-2022 · founded in 2022 |
total assets €73,931 (2025) 0790.407.765 |
| De Nieuwe Kempen
establishment since 24-09-2026 |
founded in 2026 1042.988.243 |
| Vereniging van mede-eigenaars Residentie DE NIEUWE KEMPEN te Genk, Koning Boudewijnlaan 71
registered office since 29-10-2010 |
founded in 2010 0830.846.867 |
The connected companies are in the list below.
Deadline for the 2026 accounts: 31-01-2027
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
FC Projects was incorporated on 8 March 2023 as a private limited company by one natural person, with a starting capital of €3,000.12 Since 2025 the company has been called FC Projects.3 The registered office moved to Houthalen-Helchteren in 2025 and to Genk in 2026.34 Since 2023, FRALLEONI Claudio has served as director.5
| Establishment | Since | Unit number | FASFC approval |
|---|---|---|---|
| Koning Boudewijnlaan 71 registered office 3600 Genk | 08-03-2023 | 2.342.664.816 | Itinerant food vendors Restaurant |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 71302A0028/00V028 | 415 m² | 1 · 150 m² | 13.2 m · 4 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0799.313.850
If something looks wrong or is missing, please tell us.