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FOLLET

Active
Coöperatieve vennootschap met beperkte aansprakelijkheidfounded 199035 yrs activeChaussée de Charleroi(ML) 529, 5020 Namur, BelgiumKBO/BCE: BE 0441.946.054
Summary

FOLLET has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €139,667 and a net result of -€26,619. Equity is growing by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 62% of 26034 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisWatch ReportCompare
FOLLETActiveChecked score 55/100
Risk analysis ReportCompare

Overview

What they do
Other retail sale of new goods
NACE 47789Retail sale of games and toys NACE 47640NACE 52498
1 site
How big
€299,365total assets 2024
Staff
3 FTE
Equity
€139,667
Loss
-€26,619
Turnover not published (abridged schema)
Financially healthy?
55 Fair Checked score 2024
Bankruptcy chance 12 m
0.2%
Who decides
Accounts 63 d overdue0 of 1 deed read
Why 55- Higher-failure-rate sector- Annual accounts: weaker financial profile- Higher-failure-rate region- Persistent losses+ Lower-risk legal form+ Long track recordLatest accounts filed on timeShow the evidence

Checked score

Score 2024
55 / 100
Fair
Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability8▼-24
Solvency72▼-6
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 1.93 against 2.08 in 2023; short-term debt: 50.4% and cash: 7.9% of total assets), but 53.3% of the assets are financed with debt.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 35 years 0 40 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
46.7%
Return on assets
-8.9%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€26,619
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-07-2025, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
2 d early
2023
7 d early
2022
31 d late
2021
79 d late
2020
30 d late
2019
24 d late
← 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 26 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Weakest financial yearnet -€26,619
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Caution: Among the weakest 9% on net resultsector median €4,452 · 26,002 companies -€26,619 View
  • Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
  • Caution: 2 loss-making years in a rowloss fiscal year 2024 -€26,619 View

By topic

Financials

Fiscal year
2024
Total assets
€299,365
Loss
-€26,619
Solvency
46.7%
Total assets▼ 4.9%
Net result
20182024
Go to Financials

Timeline

Events
13
Since
2016
  1. 29-07-2025Annual accounts filed
  2. 31-12-2024Weakest financial year
  3. 24-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Coöperatieve vennootschap met beperkte aansprakelijkheid
Activity
Other retail sale of new goodsNACE 47789
Founded
14-11-1990
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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