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FRANCIS POINT

Active
Private limited company (pre-2019)founded 197748 yrs activeChaussée de l'Europe,C.-des-S. 21, 5660 Couvin, BelgiumKBO/BCE: BE 0417.923.906
Summary

The computed 12-month bankruptcy probability of FRANCIS POINT is 12.2% (high). The 2019 annual accounts show equity of €91,986 and a net result of -€21,139. The company has been active since 1977 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Overview

Activity
Manufacture of dining room, living room, bedroom and bathroom furniture
NACE 31004NACE 31091
1 site
Size
€16,196turnover 2019
Equity
€91,986
Loss
-€21,139
Financial health
Bankruptcy chance 12 m
12.2%
2019 figures too old to score
Structure
Accounts 1892 d overdue
Signals- Figures for FY 2019 (filed 26-08-2020)- Ex-officio strike-off in the KBO- 3 financial years not filed after the legal deadline; latest accounts 19 days late- Liquidity: current ratio 1.38, cash €1,311, halved- Administrative warnings in the KBO publicationsNo filing for yearsFiled after the deadlineShow the evidence

Checked score

No current score
Figures too old
The available figures for FY 2019 are too old to assess current financial health.
Bankruptcy probability: High
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2019 · tick = 2018
Average
Solvency 91-6
equity 65.9% of total assets
Liquidity 36-9
short-term debt 34.1% · cash 0.9%
Profitability 48+48
return on assets -15.1%
Bankruptcy probability, 12 months
12.2% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (828 companies)
Last 24 months 11-2024: 6.8%lowest value 12-2024: 6.8%● 0.0% vs 11-2024lowest value 01-2025: 6.8%● 0.0% vs 12-2024lowest value 02-2025: 6.8%● 0.0% vs 01-2025lowest value 03-2025: 6.8%● 0.0% vs 02-2025lowest value 04-2025: 6.8%● 0.0% vs 03-2025lowest value 05-2025: 12.2%▲ +78.6% vs 04-2025highest value 06-2025: 12.2%● 0.0% vs 05-2025highest value 07-2025: 12.2%● 0.0% vs 06-2025highest value 08-2025: 12.2%● 0.0% vs 07-2025highest value 09-2025: 12.2%● 0.0% vs 08-2025highest value 10-2025: 12.2%● 0.0% vs 09-2025highest value 11-2025: 12.2%● 0.0% vs 10-2025highest value 12-2025: 12.2%● 0.0% vs 11-2025highest value 01-2026: 12.2%● 0.0% vs 12-2025highest value 02-2026: 12.2%● 0.0% vs 01-2026highest value 03-2026: 12.2%● 0.0% vs 02-2026highest value 04-2026: 12.2%● 0.0% vs 03-2026highest value 05-2026: 12.2%● 0.0% vs 04-2026highest value 06-2026: 12.2%● 0.0% vs 05-2026highest value 07-2026: 12.2%● 0.0% vs 06-2026highest value 08-2026: 12.2%● 0.0% vs 07-2026highest value 09-2026: 12.2%● 0.0% vs 08-2026highest value 10-2026: 12.2%● 0.0% vs 09-2026highest value
  • Figures for FY 2019 (filed 26-08-2020) raises the probability
  • Ex-officio strike-off in the KBO raises the probability
  • 3 financial years not filed after the legal deadline; latest accounts 19 days late raises the probability
  • Liquidity: current ratio 1.38, cash €1,311, halved raises the probability
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Signals

Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Figures for FY 2019 (filed 26-08-2020)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Ex-officio strike-off in the KBO
In the bankruptcy model this factor raises the probability.
KBO publications
raises risk · 3 financial years not filed after the legal deadline; latest accounts 19 days late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Liquidity: current ratio 1.38, cash €1,311, halved
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
31-12-2020 close31-07-2021 deadline05-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 19-08-2020, 19 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 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
19 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2019 accounts 19 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 37% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Late accounts filing
  1. Late accounts filingevent 19-03-2025
  2. Annual accounts filedfiscal year 2019 · full…
  3. Annual accounts filedfiscal year 2018 · full…

Key points

  • Risk: Accounts not fileddeadline was 31-07-2021 1892 d late View
  • Caution: Turnover fell in 2019from €238,315 to €16,196 ▼ 93.2% View
  • Active since 1977founded 29-12-1977 48 years View

By topic

Financials

Fiscal year
2019
Turnover
€16,196
Loss
-€21,139
Solvency
65.9%
Turnover▼ 93.2%
Net result
20182019
Go to Financials

Timeline

Events
11
Since
2011
  1. 01-04-2025Late accounts filing
  2. 19-08-2020Annual accounts filed
  3. 29-08-2019Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Manufacture of dining room, living room, bedroom and…NACE 31004
Founded
29-12-1977
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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