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FEDRIGONI BENELUX

Active
Private limited company (pre-2019)founded 2010active for 15 yearsTerhulpsesteenweg 150, 1170 Watermaal-Bosvoorde, Belgium233 active companies are registered at this addressKBO/BCE: BE 0830.478.069
Summary

The computed 12-month bankruptcy probability of FEDRIGONI BENELUX is 5.6% (elevated). The 2024 annual accounts show equity of €985,061 and a net result of €138,616. Equity is growing by about 26% per year across the filed financial years. Its solvency ranks better than 22% of 4,580 sector peers (NACE 70, financial year 2024). The company has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Business and other management consultancy
NACE 70200Wholesale trade NACE 46492
1 site
Size
€9.7mturnover 2024
Staff
8.7 FTE
Equity
€985,061
Profit
€138,616
Financial health
35 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
5.6%
Structure
Parent
Fedrigoni SPA
Accounts 75 days overdue0 of 11 deeds read
Why 35raises riskLiquidity: current ratio 1.21, cash €17,5391 financial year not filed after the legal deadline; latest accounts 427 days late; 2 of the last 3 lateFigures for financial year 2024 (filed 01-10-2026)lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence

Checked score

Score 2024
35 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 25% of its sector peers (NACE 70, micro)
Financial strength · tick = 2023
Weak
Solvency 43+4
equity 17.8% of total assets
Liquidity 5+2
short-term debt 82.2% · cash 0.3%
Profitability 33-33
return on assets 2.5%
Bankruptcy probability, 12 months
5.6% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,325 companies, NACE 70, micro)
Last 24 months 11-2024: 3.9% 12-2024: 4.2%▲ +0.3 percentage points vs 11-2024 01-2025: 4.6%▲ +0.4 percentage points vs 12-2024 02-2025: 4.6%● unchanged vs 01-2025 03-2025: 4.6%● unchanged vs 02-2025 04-2025: 4.2%▼ -0.4 percentage points vs 03-2025 05-2025: 4.2%● unchanged vs 04-2025 06-2025: 3.2%▼ -1.0 percentage point vs 05-2025lowest value 07-2025: 3.7%▲ +0.5 percentage points vs 06-2025 08-2025: 5.0%▲ +1.3 percentage points vs 07-2025 09-2025: 5.0%● unchanged vs 08-2025 10-2025: 4.6%▼ -0.4 percentage points vs 09-2025 11-2025: 4.6%● unchanged vs 10-2025 12-2025: 4.9%▲ +0.3 percentage points vs 11-2025 01-2026: 6.3%▲ +1.4 percentage points vs 12-2025 02-2026: 6.1%▼ -0.2 percentage points vs 01-2026 03-2026: 6.1%● unchanged vs 02-2026 04-2026: 5.6%▼ -0.5 percentage points vs 03-2026 05-2026: 5.6%● unchanged vs 04-2026 06-2026: 5.9%▲ +0.3 percentage points vs 05-2026 07-2026: 5.9%● unchanged vs 06-2026 08-2026: 7.6%▲ +1.7 percentage points vs 07-2026highest value 09-2026: 7.6%● unchanged vs 08-2026highest value 10-2026: 5.6%▼ -2.0 percentage points vs 09-2026
Credit of up to €30,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity tight (current ratio 1.21, compared with 1.16 in 2023, below the usual 1.5; short-term debt: 82.2% and cash: 0.3% of total assets), and 82.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 70, micro): better than 22% on solvency, 4% on liquidity, 17% on profitability and 58% on growth.

The bankruptcy probability was computed on 13-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 1.21, cash €17,539
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 427 days late; 2 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2024 (filed 01-10-2026)
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 4580 sector peers (2024).
NBB · sector comparison
Position among 4580 sector peers
Solvency
better than 22%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 75 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline14-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-10-2026, 427 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 · 10 filings
Deviation from the deadline
2025
not filed
2024
427 days late
2023
412 days late
2022
61 days early
2021
79 days early
2020
109 days early
2019
58 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 89 days after the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · full…
  2. Annual accounts filedfinancial year 2023 · unclassified…
  3. Back to profitnet €479,734

Key points

  • Caution: Result fell in 2024from €479,734 to €138,616 ▼ 71.1% View
  • Caution: Accounts not fileddeadline was 31-07-2026 75 days late View
  • Controlled by Fedrigoni SPA parent View

By topic

Financials

Financial year
2024
Turnover
€9.7m
Profit
€138,616
Solvency
17.8%
Turnover▲ 0.4%
Net result
20182024
Go to Financials

Timeline

Events
19
Since
2011
  1. 31-12-2023Equity above €500,000
  2. 31-05-2023Annual accounts filed
  3. 13-05-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Business and other management consultancyNACE 70200
Founded
20-10-2010
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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