Financials
- Fiscal year
- 2024
- Total assets
- €155,449
- Profit
- €27,474
- Solvency
- 72.1%
Total assets▼ 18.2%
Net result
20182024
FIGO
ActiveSummary
FIGO has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €112,141 and a net result of €27,474. Equity is growing by ~31.8% per year across the filed fiscal years. Its solvency ranks better than 86% of 18932 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.5% (low).
Overview
Activity
Limited-service restaurants, excluding mobile food services
NACE 56112Limited-service restaurants NACE 56102
1 site
Size
€155,449total assets 2024
- Staff
- 1.1 FTE
- Equity
- €112,141
- Profit
- €27,474
Turnover not published (abridged schema)
Structure
Accounts 64 d overdue0 of 2 deeds read
Why 65- 1 financial year not filed after the legal deadline; latest accounts 61 days late; 3 of the last 3 late- Sector Food and beverage service activities (NACE 56)+ Liquidity: current ratio 3.58, cash €46,197, halved+ Founded in 2011Show the evidence
Checked score
Score 2024
65
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 64% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency
97-1
equity 72.1% of total assets
Liquidity
76-16
short-term debt 27.9% · cash 29.7%
Profitability
82+18
return on assets 17.7%
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.8%
12-2024: 0.8%● 0.0% vs 11-2024
01-2025: 0.8%▼ -0.7% vs 12-2024
02-2025: 0.8%● 0.0% vs 01-2025
03-2025: 0.8%▲ +0.2% vs 02-2025
04-2025: 0.8%▼ -1.7% vs 03-2025
05-2025: 0.7%▼ -9.6% vs 04-2025
06-2025: 0.7%▼ -4.5% vs 05-2025lowest value
07-2025: 0.7%● 0.0% vs 06-2025lowest value
08-2025: 0.9%▲ +33.7% vs 07-2025
09-2025: 1.0%▲ +12.9% vs 08-2025
10-2025: 1.4%▲ +33.9% vs 09-2025
11-2025: 0.8%▼ -43.1% vs 10-2025
12-2025: 0.8%● 0.0% vs 11-2025
01-2026: 0.8%▼ -0.8% vs 12-2025
02-2026: 0.8%● 0.0% vs 01-2026
03-2026: 0.8%▼ -1.5% vs 02-2026
04-2026: 0.8%▲ +1.2% vs 03-2026
05-2026: 0.8%▼ -1.9% vs 04-2026
06-2026: 0.8%▼ -0.9% vs 05-2026
07-2026: 0.8%▲ +4.4% vs 06-2026
08-2026: 1.0%▲ +24.3% vs 07-2026
09-2026: 1.1%▲ +12.9% vs 08-2026
10-2026: 1.5%▲ +29.4% vs 09-2026highest value
- 1 financial year not filed after the legal deadline; latest accounts 61 days late; 3 of the last 3 late raises the probability
- Liquidity: current ratio 3.58, cash €46,197, halved lowers the probability
- Sector Food and beverage service activities (NACE 56) raises the probability
- Founded in 2011 lowers the probability for this profile
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 3.58 against 4.44 in 2023; short-term debt: 27.9% and cash: 29.7% of total assets), and 27.9% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 56, micro). Better than this share of them on solvency 85%, liquidity 79%, profitability 68%, growth against the median 25%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
159 d late
2022
329 d late
2021
19 d late
2020
27 d late
2019
28 d 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 95 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Annual accounts filedfiscal year 2022 · micro…
Key points
By topic
Timeline
- Events
- 14
- Since
- 2016
- 30-09-2025Annual accounts filed
- 06-01-2025Annual accounts filed
- 24-06-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112
- Founded
- 22-07-2011
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies How does this company compare with its sector?Sector benchmark
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