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Foncière Liège

Active
Public limited companyfounded 2010active for 15 yearsMarnixlaan 23, 1000 Brussel, Belgium234 active companies are registered at this addressKBO/BCE: BE 0832.182.004
Summary

Foncière Liège has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €88,690 and a net result of €115,807. Equity remains stable across the filed financial years (±0.2% per year). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
“L'acquisition, la gestion et finalement la cession de tous les droits réels immobiliers portant…” (deed in French)
From the articlesNo NACE code in the KBO yet1 site
Size
€333,333turnover 2025
Equity
€88,690
Profit
€115,807
Equity -88%: capital reduction
Financial health
84 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Parent
Tulipe Holding Belgique · 99.9%
  • Covivio Hotels Belgique SADirector · permanent representative Marie Guyon
Auditor: FORVIS MAZARS REVISEURS D'ENTREPRISES SRLAccounts 101 days early
Why 84raises riskLiquidity: current ratio 1.99, cash €5,979, halvedlowers riskSize: turnover €333,333, total assets €1.5mFounded in 2010Figures for financial year 2025 (filed 22-04-2026)Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 39% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Average
Solvency 31-29
equity 6.1% of total assets
Liquidity 49-2
short-term debt 11.8% · cash 0.4%
Profitability 84+9
return on assets 7.9%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025lowest value 06-2025: 0.2%● unchanged vs 05-2025lowest value 07-2025: 0.2%● unchanged vs 06-2025lowest value 08-2025: 0.2%● unchanged vs 07-2025lowest value 09-2025: 0.2%● unchanged vs 08-2025lowest value 10-2025: 0.2%● unchanged vs 09-2025lowest value 11-2025: 0.2%● unchanged vs 10-2025lowest value 12-2025: 0.2%● unchanged vs 11-2025lowest value 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.4%▲ +0.2 percentage points vs 04-2026highest value 06-2026: 0.3%▼ -0.1 percentage points vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.99, compared with 6.34 in 2024, above the usual 1.5; short-term debt: 11.8% and cash: 0.4% of total assets), but 93.9% 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 (no NACE code, micro): better than 20% on solvency, 32% on liquidity, 67% on profitability and 35% on growth.

The bankruptcy probability was computed on 19-10-2026 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

Five signals.
lowers riskraises riskneutral
lowers risk · Size: turnover €333,333, total assets €1.5m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.99, cash €5,979, halved
NBB · annual accounts
lowers risk · Founded in 2010
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Figures for financial year 2025 (filed 22-04-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-04-2026, 101 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
101 days early
2024
104 days early
2023
112 days early
2022
129 days early
2021
100 days early
2020
100 days early
2019
37 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 98 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
20-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Forvis Mazars Réviseurs d'Entreprises SRL…Reappointment: Forvis Mazars Réviseurs d'Entreprises…
  2. Annual accounts filedfinancial year 2025 · full…
  3. Capital & shares · Amendment of…Capital decrease

Key points

  • Caution: Equity fell in 2025capital reduction ▼ 87.8% View
  • Positive: 5 years of growth in a rowturnover 2025: €333,333 5 years View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by Tulipe Holding Belgiqueknown shareholders 100% 99.9% View

By topic

Financials

Financial year
2025
Turnover
€333,333
Profit
€115,807
Solvency
6.1%
Turnover▲ 4.4%
Net result
20182025
Go to Financials

Board & ownership

Board
1 member
Parent
Tulipe Holding Belgique · 99.9%
Known shareholders
100%
Auditor
FORVIS MAZARS REVISEURS D'ENTREPRISES…
  • Covivio Hotels Belgique SADirector
Go to Board & ownership

Timeline

Events
38
Since
2011
Next accounts
by 31-07-2027
  1. 18-04-2025Annual accounts filed
  2. 10-01-2025Resignations: Tugdual Millet-Taunay (director) and Marie Danlos…
  3. 31-12-2024Liquidity more than 9 times
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
23-12-2010
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
29
Annual meeting
Second Wednesday of June at 17:00
Purpose
“L'acquisition, la gestion et finalement la cession de tous les droits réels immobiliers…” (deed in French)
Go to Articles of association

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