Financials
- Financial year
- 2025
- Total assets
- €465,938
- Profit
- €10,790
- Solvency
- 14.6%
Total assets▲ 0.2%
Net result
20182025
FRANCESCO
Judicial reorganisationSummary
The file of FRANCESCO contains 1 judicial reorganisation, as published in the Belgian Official Gazette. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2025 annual accounts show equity of €68,094 and a net result of €10,790. Equity is shrinking by about 6.8% per year across the filed financial years. Its solvency ranks better than 19% of 10,789 sector peers (NACE 70, financial year 2025).
Are you a creditor?
Judicial reorganisation
Source: Belgian Official Gazette
Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.
The procedure
- Court
- Enterprise Court of Antwerp
- Opened
- 8 April 2022
- Track
- Reorganisation by collective agreement
- Docket number
- 20220006
- Moratorium until
- 22 October 2022 (passed; an extension would be in a later judgment)
- Creditors' vote
- 7 October 2022
- Delegated judge
- Ronny Opdenacker
- Official Gazette
- 20-04-2022 (pdf) ↗search the document for 2022/113557
What to do now
- Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
- Check the amount the company lists you for: it has to tell you. If it is wrong, dispute it in writing.
- The company files a reorganisation plan and creditors vote on it at a hearing. A plan approved and confirmed by the court also binds those who voted against.
- What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
- The file is in RegSol, where you can read the documents of the procedure.
Deadlines: the judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette. The date of the vote on the plan is in the judgment and in RegSol.
View the file in RegSol ↗
Follow
Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.
General information, not legal advice. If in doubt, your lawyer or your accountant can help.Creditor guide for this company
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Overview
Activity
Business and other management consultancy
NACE 70200
1 site
Size
≈ €120,000turnover 2025, estimated
- Equity
- €68,094
- Profit
- €10,790
Turnover estimated from the gross margin
Financial health
24
Critical
Checked score 2025Reorganisation running: about 1 in 4 bankrupt within the year
Structure
- Parent
- BELGIUM IMMO AND TRADING COMPANY · 100%
- Philippe BodsonDirector
2025 accounts 32 days early2 of 5 deeds summarised
Signalsraises riskWeak solvency vs sectorIn judicial reorganisationneutralLatest accounts filed on timeShow the evidence
Checked score
Score 2025
24
/ 100
Critical
Without a bankruptcy probability: score from the figures alone
An ongoing judicial reorganisation from the Belgian Official Gazette caps the score at 24. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency
40+3
equity 14.6% of total assets
Liquidity
51-3
short-term debt 8.4% · cash 1.1%
Profitability
44+44
return on assets 2.3%
Bankruptcy probability, 12 months
Judicial reorganisation
About 1 in 4 comparable companies went bankrupt within the year
A judicial reorganisation is open: we then compute no probability from the figures. Measured over every Belgian company in an open or failed reorganisation: 25% to 26% bankrupt within twelve months (2024 and 2025).
No credit on open account during an ongoing judicial reorganisation
Liquidity ample (current ratio 3.31, compared with 4.42 in 2024, above the usual 1.5; short-term debt: 8.4% and cash: 1.1% of total assets), but 85.4% of the assets are financed with debt and provisions.
Signals
Three signals.
raises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 10789 sector peers (2025).
NBB · sector comparisonPosition among 10789 sector peers
Solvency
better than 19%
← weakest
strongest →
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 days early
2024
18 days late
2023
34 days early
2022
31 days late
2021
60 days late
2020
61 days late
2019
61 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 24 days after the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed 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 August (4 of the last 5 filed years within 50 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Back to profitnet €10,790
- Annual accounts filedfinancial year 2024 · abbreviated…
Key points
- Risk: In judicial reorganisationtrustee not known 08-04-2022 View
- Positive: Back in profit in 2025after -€87,155 in 2024 €10,790 View
- Caution: Among the weakest 19% on solvencysector median 52.4% · 10,789 companies 14.6% View
- Controlled by BELGIUM IMMO AND TRADING…ultimately: BELGIUM IMMO AND TRADING… 100% View
By topic
Board & ownership
- Board
- 1 member
- Parent
- BELGIUM IMMO AND TRADING… · 100%
- Philippe BodsonDirector
Network & group
- Group
- BELGIUM IMMO AND TRADING…
Timeline
- Events
- 42
- Since
- 1992
- Next accounts
- by 31-07-2027
- 31-12-2024Weakest financial year
- 30-07-2024Resignation: Marianne Vanderspikken (director)
- 27-06-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Business and other management consultancyNACE 70200
- Founded
- 12-06-1990
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 13
- Who signs
- Each director alone
- Purpose
- “1. De uitbating van een restaurant; 2. Het verzorgen van feesten, recepties en meer…” (deed in Dutch)
Key facts about FRANCESCO
- What is the company number of FRANCESCO?
- 0440.991.296. In Belgium the VAT number is the company number with BE in front: BE 0440.991.296.
- Where is FRANCESCO based?
- The registered office is at Voogdijstraat 29, 3500 Hasselt.Company details
- What does FRANCESCO do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of FRANCESCO?
- Private limited company (BV).
- When was FRANCESCO founded?
- On 12-06-1990.
- Is FRANCESCO still active?
- Yes, FRANCESCO is in the KBO register. A judicial reorganisation is running.
- What is the turnover of FRANCESCO?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is FRANCESCO profitable?
- In financial year 2025, FRANCESCO made a profit of €10,790.
- Where can I find the annual accounts of FRANCESCO?
- FRANCESCO filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FRANCESCO due?
- By 31-07-2027, for financial year 2026.Timeline
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Parent and group
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Go further with this company
What should you check before you do business with this company?Supplier due diligence What were this company's board, registered office and name on a given date?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the business and other management consultancy sector doing?Sector figures
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