GIANFOLCARO
ActiveGIANFOLCARO has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €41k and a net result of €-3k. Equity is growing by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 27451 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability9▼-71
Solvency100=
Growth47=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 39.95 against 25.67 in 2024; short-term debt: 2.5% and cash: 62.2% of total assets), and 2.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
97.5%
Return on assets
-7.7%
Age of the figures
9 mo
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
9 d early
2023
37 d early
2022
2 d late
2021
26 d late
2020
18 d late
2019
45 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€112k▲ 1.2%
2018 · €111k
2018: €111k
2018 → 2019
EBIT margin
4.2%▼ 9.1pp
2018 · 13.4%
2018: 13.4%
2018 → 2019
Net result
€-3k
2024 · €4k
2018: €14k
2019: €4k
2020: €6k
2021: €3k
2022: €5k
2023: €-9k
2024: €4k
2018 → 2025
Working capital
€41k▼ 4.4%
2024 · €43k
2018: €9k
2019: €14k
2020: €17k
2021: €26k
2022: €44k
2023: €37k
2024: €43k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€45k-€50k▲ 10.7%€40k▼ 18.8%€44k▲ 10.0%€41k▼ 7.3%
Operating result€5k-€5k▲ 3.6%€-11k€3k€-4k
Net result€3k-€5k▲ 54.0%€-9k€4k€-3k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €4k after €3k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €42k
Equity
€41k▼ 7.3%
Debt
€1k▼ 39.5%
The debt ratio falls from 3.8% to 2.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-3k▼
2024 · €4k
Cash flow
€-2k▼
2024 · €6k
Solvency
97.5%▲
2024 · 96.2%
Current ratio
39.95▲
2024 · 25.67
Quick ratio
39.95▲
2024 · 25.67
Debt / equity
0.03▼
2024 · 0.04
ROE
-7.9%▼
2024 · 9.1%
ROA
-7.7%▼
2024 · 8.8%
Interest coverage
-39.99▼
2024 · 77.99
Debt
€1k▼
2024 · €2k
Debt ≤ 1 year
€1k▼
2024 · €2k
Income taxes
€0=
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€46k€42k▼
Fixed assets21/28€1k€0▼
Tangible fixed assets22/27€1k€0▼
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€1k€0▼
Current assets29/58€45k€42k▼
Amounts receivable within one year40/41€25k€15k▼
Trade receivables40€5k€320▼
Other amounts receivable41€19k€14k▼
Cash at bank and in hand54/58€19k€26k▲
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€46k€42k▼
Equity10/15€44k€41k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€36k€33k▼
Amounts payable17/49€2k€1k▼
Amounts payable within one year42/48€2k€1k▼
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€0€0=
Taxes450/3€0€0=
Other amounts payable47/48€0€0=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€716€732▲
Gross operating margin9900€5k€-2k▼
Operating profit (loss)9901€3k€-4k▼
Financial income75/76B€1k€1k▼
Recurring financial income75€1k€1k▼
Financial charges65/66B€56€72▲
Recurring financial charges65€56€72▲
Profit (loss) for the period before taxes9903€4k€-3k▼
Income taxes67/77€0€0=
Profit (loss) for the period9904€4k€-3k▼
Profit (loss) for the period to be appropriated9905€4k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€36k€33k▼
Profit (loss) brought forward from the previous period14P€32k€36k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-9k ▼294%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 21.18
Current ratio from 6.28 to 21.18; short-term debt falls from €8k to €2k.
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
31-12
Financial
Liquidity triplescurrent ratio 6.28
Current ratio from 2.41 to 6.28; short-term debt falls from €18k to €8k.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
14-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 45 days late
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 23 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Nandrin · 2 establishment units since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de la Croix André 724550 NandrinGround area
2,170 m²
Building footprint
299 m²
Volume, LiDAR
1,661 m³
2 parcels, Wallonia · tallest building 9.6 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
GIANFOLCARO
since 20072.158.791.121
La Frite Salée
since 20212.323.554.826
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61043D0009/00T000 | Wallonia | 2,086 m² | 1 · 231 m² | 6.9 m · 2 fl. |
| 62090A0184/00L000 | Wallonia | 83 m² | 1 · 69 m² | 9.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 20,031 companies in sector 43320 we hold annual accounts for 9,133. 7,220 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-01-2007
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
45422
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.