Skip to content

FO

Active
Private limited companyfounded 20206 yrs activeBrusselstraat 51, 2018 Antwerpen, BelgiumKBO/BCE: BE 0745.393.530
Summary

The computed 12-month bankruptcy probability of FO is 7.5% (elevated). The 2024 annual accounts show negative equity (-€37,271) and a net result of -€68,924. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 999 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
FOActiveChecked score 31/100
Risk analysis ReportCompare

Overview

Activity
Employment placement agencies
NACE 78100
1 site
Size
€248,392total assets 2024
Equity
-€37,271
Loss
-€68,924
Turnover not published (abridged schema)
Financial health
31 Weak Checked score 2024
Bankruptcy chance 12 m
7.5%
Structure
Accounts 65 d overdue0 of 4 deeds read
Why 31- 1 financial year not filed after the legal deadline; latest accounts 314 days late; 3 of the last 3 late- Figures for FY 2024 (filed 17-06-2026)- Loss of €68,924 (FY 2024)+ Sector Employment activities (NACE 78)Show the evidence

Checked score

Score 2024
31 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 8% of its sector peers (NACE 78, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Weak
Solvency 10-31
equity -15.0% of total assets
Liquidity 15-39
short-term debt 94.0% · cash 11.6%
Profitability 0-72
return on assets -27.7%
Bankruptcy probability, 12 months
7.5% Elevated
0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (1,371 companies)
Last 24 months 11-2024: 0.7% 12-2024: 0.7%● 0.0% vs 11-2024 01-2025: 0.7%▼ -2.4% vs 12-2024 02-2025: 0.7%● 0.0% vs 01-2025 03-2025: 0.7%▲ +1.1% vs 02-2025 04-2025: 0.7%▼ -1.1% vs 03-2025 05-2025: 0.7%▼ -3.3% vs 04-2025lowest value 06-2025: 0.7%▲ +6.5% vs 05-2025 07-2025: 0.7%▼ -4.9% vs 06-2025 08-2025: 1.1%▲ +61.5% vs 07-2025 09-2025: 1.5%▲ +27.8% vs 08-2025 10-2025: 2.3%▲ +57.4% vs 09-2025 11-2025: 2.3%▲ +2.5% vs 10-2025 12-2025: 2.8%▲ +19.5% vs 11-2025 01-2026: 3.8%▲ +35.0% vs 12-2025 02-2026: 3.8%● 0.0% vs 01-2026 03-2026: 4.0%▲ +6.5% vs 02-2026 04-2026: 3.6%▼ -10.7% vs 03-2026 05-2026: 3.6%● 0.0% vs 04-2026 06-2026: 3.5%▼ -2.0% vs 05-2026 07-2026: 5.0%▲ +41.5% vs 06-2026 08-2026: 5.8%▲ +15.7% vs 07-2026 09-2026: 6.1%▲ +6.4% vs 08-2026 10-2026: 7.5%▲ +22.9% vs 09-2026highest value
  • 1 financial year not filed after the legal deadline; latest accounts 314 days late; 3 of the last 3 late raises the probability
  • Figures for FY 2024 (filed 17-06-2026) raises the probability
  • Sector Employment activities (NACE 78) lowers the probability
  • Loss of €68,924 (FY 2024) raises the probability
No credit on open account
Liquidity short (current ratio 0.72 against 1.15 in 2023; short-term debt: 94% and cash: 11.6% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 78, micro). Better than this share of them on solvency 12%, liquidity 10%, profitability 7%, growth against the median 3%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 314 days late; 3 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Figures for FY 2024 (filed 17-06-2026)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Sector Employment activities (NACE 78)
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · Loss of €68,924 (FY 2024)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
21222324
2021 to 2024 · latest year -€37,271
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-06-2026, 314 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filings
Deviation from the deadline
2025
not confirmed
2024
314 d late
2023
68 d late
2022
52 d late
2021
163 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 68 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 30% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Weakest financial yearnet -€68,924
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€37,271 View
  • Caution: From profit to loss in 2024after €4,801 in 2023 -€68,924 View
  • Caution: Among the weakest 5% on net resultsector median €15,941 · 999 companies -€68,924 View
  • Caution: Accounts not fileddeadline was 31-07-2026 65 d late View

By topic

Financials

Fiscal year
2024
Total assets
€248,392
Loss
-€68,924
Solvency
-15.0%
Total assets▲ 27.9%
Net result
20212024
Go to Financials

Timeline

Events
6
Since
2022
  1. 10-06-2026Annual accounts filed
  2. 31-12-2024Weakest financial year
  3. 07-10-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Employment placement agenciesNACE 78100
Founded
13-03-2020
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies How does this company compare with its sector?Sector benchmark

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure