Checked.be · Company dossierhttps://checked.be/en/c/russo-massimo-0897509425 · as of 03-10-2026
Russo, Massimo
Judicial reorganisation
Sole proprietorship · started 2008 · 18 yrs activeKBO/BCE: BE 0897.509.425
Summary
The file of Russo, Massimo contains 1 judicial reorganisation, as published in the Belgian State Gazette. The KBO register records for Russo, Massimo the legal situation: special situation; this is today's state according to the register itself, which carries 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. No processed annual-account figures are available; this conclusion rests on registry and State Gazette data only.
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 13 November 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 ↗
WatchFollow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.
NACE 46190Retail sale of clothing and accessories for women, men, children and babies (general range) NACE 47716Retail sale of motor vehicle parts and accessories NACE 47820
1 site
Size
No accounts filed yetSole trader: no accounts
Financial health
No score: no figuresReorganisation running: about 1 in 4 bankrupt within the year
Structure
Sole trader
Signals- In judicial reorganisationShow the evidence
Checked score
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that this company goes bankrupt within twelve months. A low chance is reassuring; with a higher one, agree shorter payment terms or an advance.
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
Signals
1 signal.
+raises risk
+
raises risk · In judicial reorganisation
Ongoing procedure under court protection (Book XX WER). The company is restructuring. The KBO register also records: special situation.