Equity
-€87,858
Debts exceed assets in financial year 2025.
FIGECO
Lifetime
19 annual accounts with figures on one time axispeak €40,398 (2014)
€7,860▼ 79.7%
lowest -€28,924 (2023)
-€28,203▼ €27,336
peak €29,873 (2010)
-€87,858▼ €28,203
€127,291▲ 22.5%
peak 1.9 FTE (2024)
-not published
Board1 name since 2018
-
Documentsfilings and deeds
02-06-202659 days before the deadline
2025financial year
Turnover from €13,442 to €10,746Gross margin from €38,736 to €7,860Loss of €28,203Equity from -€59,655 to -€87,858Debts from €103,935 to €127,291Cash from €3,367 to €5,007
Key points
from the 2025 annual accountsLosses
-€123,780 in eight years
Every financial year from 2018 to 2025 closed with a loss. 2023 was the heaviest.
Debts
€127,291 323% of the balance sheet
Investments
€5,347 5.2 × depreciation
Green is investment, beige is depreciation.
Payment terms
988 days from customers
Customers pay 24 days later.
Position in the sector
-222.8%
Lower solvency than 95% of companies in legal and accounting. Sector median 26.7% · 806 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,618 companies had the same profile as FIGECO has now. Each dot stands for 17 companies, two years later.
84.5%
were still trading
10.0%
stopped another way
4.5%
went bankrupt
Another 1.0% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 6,618 companies, not a prediction for FIGECO. 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0884422739
Resignation: (manager)
General meeting of 24-10-2018 · Gazette deed
Appointment: (director and manager)
Permanent representative: · General meeting of 13-09-2018 · Gazette deed
Incorporation
published on 30-10-2006 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FIGECO Frameries | €39,433 | €7,860 | -222.8% | - |
| ASCOFIGES Gesves | €35,111 | €7,057 | 88.6% | - |
| BUREAU D'EXPERTISES COMPTABLES ET CONSEILS FISCAUX DAMIBLO Enghien | €50,134 | €8,942 | 54.3% | - |
| EFFICA MANAGEMENT Braine-l'Alleud | €41,897 | €6,458 | 84.4% | - |
| DLC COMPTA + Theux | €51,063 | €8,050 | 60.9% | - |
| AS OFFICE Beernem | €36,000 | €10,562 | 48.8% | - |
| Destaercke consult Mechelen | €50,716 | €6,629 | 78.8% | - |
These companies have the same main activity as FIGECO: certified accountants and tax accountants (NACE 69201). They are comparable in size and age: total assets between €35,100 and €51,100, founded between 2003 and 2009.
Official details
Source: KBO- Status
- Active since 20-10-2006Normal situation
- Activity
- Certified accountants and tax accountantsNACE 69201
- Establishment unit
- 2.227.632.9127080 Frameries, since 16-10-2006
- Financial year end
- 31 December
- Peppol
- Reachable since 14-11-2025
Annual accounts 2025
- €39,433▼ 10.9%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 02-06-2026, 59 days before the end of the filing period
Insights on FIGECO
FIGECO has existed since 2006. The gross margin fell from €20,644 in 2007 to €7,860 in 2025.
Solvency fell in 2025 from -134.7% to -222.8% because of the loss.
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 FIGECO
- What is the company number of FIGECO?
- The company number of FIGECO is 0884.422.739. The VAT number is the same number with BE in front: BE 0884.422.739.
- Where is FIGECO based?
- The registered office is at Chaussée Romaine 33, 7080 Frameries.Company details
- What does FIGECO do?
- According to the KBO register, the main activity is certified accountants and tax accountants (NACE 69201).
- What is the legal form of FIGECO?
- FIGECO is a private limited company (pre-2019) (BVBA).
- When was FIGECO founded?
- FIGECO was founded on 20-10-2006.
- Is FIGECO still active?
- Yes, FIGECO is an active enterprise in the KBO register.
- How many employees does FIGECO have?
- FIGECO had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of FIGECO?
- The turnover of FIGECO was €10,746 in financial year 2025, according to the filed annual accounts.
- Is FIGECO profitable?
- In financial year 2025, FIGECO made a loss of €28,203.
- Where can I find the annual accounts of FIGECO?
- FIGECO filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FIGECO due?
- FIGECO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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