FOLLON ET CIE

Active

Public limited companyfounded 1990active for 36 yearsRue du Manège 14, 4800 Verviers, BelgiumKBO/BCE: BE 0441.273.685

Summary

The computed 12-month bankruptcy probability of FOLLON ET CIE is 4.6% (elevated). For FOLLON ET CIE, at least two annual filings are missing. The 2022 annual accounts show negative equity (-€55,841) and a net result of -€30,264. Equity has been shrinking by about 133% per year since 2019. Its solvency ranks better than 12% of 4,477 sector peers (NACE 68, financial year 2022). The company has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals.

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FOLLON ET CIEActive

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Official details

Source: KBO

Status: Active since 28-06-1990 Normal situation
Registered office: 20 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 2 November 2026.
Activity: Development of residential building projects NACE 68121and 2 others
Establishment unit: 2.051.708.960 4360 Oreye, since 22-02-1991
Financial year end: 30 June
Peppol: Reachable since 19-12-2025

Company details

Board and ownership

Board

LSG ManagementDirector · since 24-11-2021 · permanent representative Laurence Beckers

Shareholders

PHOENIX 499.6%2023 annual accounts of PHOENIX 4

Board & ownership

Financial position

Bankruptcy probabilitywithin 12 months: 4.6%

2022 figures too old to score

Annual accounts to 30-06-2022

Gross margin: -€11,135; ▲ 40.1%
Loss: €30,264; ▼ 9.0%
Equity: -€55,841; ▼ 118%
Total assets: €1.2m; ▲ 0.8%

Negative equity on 30-06-2022
2023 accounts not filed, 1006 days past the deadline

Financials

Signalsraises riskFigures for financial year 2022 (filed on 08-03-2023)3 financial years not filed after the legal deadline; last filed accounts filed 29 days late; 2 of the last 3 accounts lateLiquidity: current ratio 0.95, cash €1,176, halvedTwo or more financial years not filed2022 accounts filed 28 days latelowers riskSector: Real estate activities (NACE 68)Show the evidence

Bankruptcy probability

No current score

Figures too old

The latest figures are for FY 2022. They are too old for a current score.

Bankruptcy probability: Elevated

Filing: At least two annual filings are missing

Financial strength, FY 2022 · tick: 2021

Weak

Solvency 20-3

equity -4.6% of total assets

Liquidity 0-1

short-term debt 104.6% · cash 0.1%

Profitability 16+1

return on assets -2.5%

Bankruptcy probability within 12 months

4.6% Elevated

0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,625 companies, NACE 68, micro)

Last 24 months 12-2024: 3.5%lowest value 01-2025: 3.5%● unchanged vs 12-2024lowest value 02-2025: 4.7%▲ +1.2 percentage points vs 01-2025 03-2025: 4.7%● unchanged vs 02-2025 04-2025: 5.0%▲ +0.3 percentage points vs 03-2025highest value 05-2025: 5.0%● unchanged vs 04-2025highest value 06-2025: 5.0%● unchanged vs 05-2025highest value 07-2025: 5.0%● unchanged vs 06-2025highest value 08-2025: 5.0%● unchanged vs 07-2025highest value 09-2025: 5.0%● unchanged vs 08-2025highest value 10-2025: 5.0%● unchanged vs 09-2025highest value 11-2025: 5.0%● unchanged vs 10-2025highest value 12-2025: 5.0%● unchanged vs 11-2025highest value 01-2026: 5.0%● unchanged vs 12-2025highest value 02-2026: 4.6%▼ -0.4 percentage points vs 01-2026 03-2026: 4.6%● unchanged vs 02-2026 04-2026: 4.6%● unchanged vs 03-2026 05-2026: 4.6%● unchanged vs 04-2026 06-2026: 4.6%● unchanged vs 05-2026 07-2026: 4.6%● unchanged vs 06-2026 08-2026: 4.6%● unchanged vs 07-2026 09-2026: 4.6%● unchanged vs 08-2026 10-2026: 4.6%● unchanged vs 09-2026 11-2026: 4.6%● unchanged vs 10-2026

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Signals

Six signals.

lowers riskraises risk

Figures for financial year 2022 (filed on 08-03-2023)

NBB · annual accounts

3 financial years not filed after the legal deadline; last filed accounts filed 29 days late; 2 of the last 3 accounts late

NBB · filings

Liquidity: current ratio 0.95, cash €1,176, halved

NBB · annual accounts

Sector: Real estate activities (NACE 68)

KBO

Two or more financial years not filed

Since the financial year that closed on 30-06-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.

NBB · 10 filings

Position against the passed deadline

30-06-2023 year end31-01-2024 deadline02-11-2026 today

2022 accounts filed 28 days late

The financial year that closed on 30-06-2022 was due by 31-01-2023 and was filed on 28-02-2023, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

not filed

2024

not filed

2023

not filed

2022

28 days late

2021

108 days late

2020

241 days late

2019

49 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 82 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

That holds for every publication since 2021.

KBO publications

Key points

Risk: Negative equitydebts exceed assets in financial year 2022 -€55,841 View
Risk: 3 loss-making years in a rowloss in financial year 2022 -€30,264 View
Caution: Less equity than 87% of companies in real estatesector median €481,762 · 4,481 companies -€55,841 View

Recent changes

30-01-2024 · Gazette deed Change of role: LSG Management, from managing director to directorResignations: Laurence Beckers (director) and Serge Coppens (director)
21-07-1990 · Gazette deed Incorporation

All 13 events

Comparable companies

These companies have the same main activity as FOLLON ET CIE: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €1.1m and €1.5m, founded between 1989 and 1991.

Company	Total assets	Gross margin
FOLLON ET CIE Verviers	€1.2m	-€0.01m
SOC INVEST Ans	€1.5m	-€309
ALGRON Sint-Martens-Latem	€1.2m	-€0.009m
RETECH Sint-Truiden	€1.2m	-€0.009m
A.B.S. BOITSFORT INVEST Sint-Pieters-Woluwe	€1.2m	-€0.002m
L.S.C. Bilzen-Hoeselt	€1.1m	-€0.3m
ASSOCIATION IMMOBILIERE Quaregnon	€1.1m	-€0.04m

Full comparison

Key facts about FOLLON ET CIE

What is the company number of FOLLON ET CIE?: The company number of FOLLON ET CIE is 0441.273.685. The VAT number is the same number with BE in front: BE 0441.273.685.
Where is FOLLON ET CIE based?: The registered office is at Rue du Manège 14, 4800 Verviers.Company details
What does FOLLON ET CIE do?: According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of FOLLON ET CIE?: The legal form of FOLLON ET CIE is Public limited company (NV).
When was FOLLON ET CIE founded?: FOLLON ET CIE was founded on 28-06-1990.
Is FOLLON ET CIE still active?: Yes, FOLLON ET CIE is an active enterprise in the KBO register.
What is the turnover of FOLLON ET CIE?: The annual accounts for financial year 2022 state no turnover.Financials
Is FOLLON ET CIE profitable?: In financial year 2022, FOLLON ET CIE made a loss of €30,264.
Where can I find the annual accounts of FOLLON ET CIE?: FOLLON ET CIE filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2022.