Financials
- Financial year
- 2025
- Total assets
- €30.6m
- Loss
- -€11.3m
- Solvency
- 11.5%
FROMTO Beringen
Judicial reorganisationSummary
The file of FROMTO Beringen contains 1 judicial reorganisation, as published in the Belgian Official Gazette. The KBO register currently lists the legal status of FROMTO Beringen as special situation, with no start date. 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 €3.5m and a net result of -€11.3m. Equity is shrinking by about 29% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 15% of 276 sector peers (NACE 38, 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
- 26 June 2026
- Track
- Reorganisation by collective agreement
- Docket number
- 20260023
- Moratorium until
- 26 October 2026
- Creditors' vote
- 9 October 2026
- Official Gazette
- 01-07-2026 (pdf) ↗search the document for 2026/129380
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 moratorium runs until 26 October 2026, unless the court extends or ends it earlier. 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
Materials recovery from waste
NACE 38210
1 site
Size
€30.6mtotal assets 2025
- Staff
- 40.4 FTE
- Equity
- €3.5m
- Loss
- -€11.3m
Financial health
24
Critical
Checked score 2025Reorganisation running: about 1 in 4 bankrupt within the year
Structure
- Parent
- BIONERGA · 100%
Accounts 17 days early4 of 9 deeds read
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
Weak
Solvency
36+36
equity 11.5% of total assets
Liquidity
45-1
short-term debt 24.4% · cash 3.1%
Profitability
0=
return on assets -36.9%
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 insufficient (current ratio 0.59, compared with 0.74 in 2024, below 1; short-term debt: 24.4% and cash: 3.1% of total assets), and 88.5% 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 15% of 276 sector peers (2025).
NBB · sector comparisonPosition among 276 sector peers
Solvency
better than 15%
← 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 14-07-2026, 17 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
17 days early
2024
76 days early
2023
65 days early
2022
33 days early
2021
33 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 45 days before the deadline; the sector median (NACE 38) for financial year 2024 is 8 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 28 June (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
18-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · full…
- OpeningEnterprise Court of Antwerp ·…
- Weakest financial yearnet -€11.3m
Key points
- Risk: In judicial reorganisationtrustee not known 26-06-2026 View
- Risk: 5 loss-making years in a rowloss financial year 2025 -€11.3m View
- Caution: Among the weakest 5% on net resultsector median €148,592 · 274 companies -€11.3m View
- Controlled by BIONERGAultimately: NUTSBEDRIJVEN HOUDSTERMAATSCHAPPIJ 100% View
- Positive: Always filed on timeaccounts within the deadline every year 5 years View
- Positive: Staff rose in 2025from 31.3 FTE to 40.4 FTE ▲ 29.1% View
By topic
Board & ownership
- Parent
- BIONERGA · 100%
Network & group
- Group
- NUTSBEDRIJVEN HOUDSTERMAATSCHAPPIJ
Timeline
- Events
- 12
- Since
- 2022
- Next accounts
- by 31-07-2027
- 31-12-2025Equity above €2m
- 14-07-2025Resignations: Nathalie VERHAERT (director) and Koen VERHAERT…
- 07-07-2025Appointment: BDO Bedrijfsrevisoren BV (statutory auditor)
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Materials recovery from wasteNACE 38210
- Founded
- 26-02-2021
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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 Which other companies belong to the same group?NUTSBEDRIJVEN HOUDSTERMAATSCHAPPIJ · 21 companies 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 materials recovery from waste sector doing?Sector figures
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