Foresco Financial Services
ActiveSummary
Foresco Financial Services is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The latest annual accounts of Foresco Financial Services were filed more than 90 days after the deadline. The 2024 annual accounts show negative equity (€-111k) and a net result of €-112k. Its solvency ranks better than 5% of 6156 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Filing: Filed more than 90 days late
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 6156 sector peers (2024).
NBB · sector comparisonPosition among 6156 sector peers
Solvency
better than 5%
← weakest
strongest →
raises risk · Young company
Founded in 2024, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation dateAge against the risk zone
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 24-12-2025, 146 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 · 1 filingDeviation from the deadline
2024
146 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€-111k
Net result
€-112k
Total assets
€1k
Solvency
-11046.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Key figures and ratios
Debt
€112k
Debt ≤ 1 year
€112k
Ratios withheld: a balance sheet total of €1k is too small for a meaningful ratio.
Filed annual accounts As filed with the NBB · 2024 · 23 lines
Balance sheet
Code2024
Assets
Total assets20/58€1k
Current assets29/58€1k
Amounts receivable within one year40/41€1k
Other amounts receivable41€1k
Equity and liabilities
Total equity and liabilities10/49€1k
Equity10/15€-111k
Contributions10/11€1k
Profit (loss) carried forward14€-112k
Amounts payable17/49€112k
Amounts payable within one year42/48€112k
Trade debts44€112k
Suppliers440/4€112k
Accrued charges and deferred income492/3€13
Income statement
Code2024
Gross operating margin9900€-112k
Operating profit (loss)9901€-112k
Financial income75/76B€7
Recurring financial income75€7
Financial charges65/66B€13
Recurring financial charges65€13
Profit (loss) for the period before taxes9903€-112k
Profit (loss) for the period9904€-112k
Profit (loss) for the period to be appropriated9905€-112k
Appropriation of the result
Profit (loss) to be appropriated9906€-112k
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 146 days late
NBB filing
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, Genk · 1 establishment unit since 2024
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.
Eikelaarstraat 323600 GenkGround area
6.7 ha
Building footprint
1.5 ha
Parcel 71304E0594/00P000, Flanders. Linked by address, not a title deed.
1 establishment unit
Foresco Financial Services
since 20242.367.097.334
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71304E0594/00P000 | Flanders | 6.7 ha | 1 · 1.5 ha | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
894500VEGTUWYM8TIU77
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 56 companies in sector 64929 we hold annual accounts for 40. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-11-2024
Fiscal year end31-12
Activities, NACEBEL 2025
64929Financial service activities, except insurance and pension funding
70200Business and other management consultancy
82100Office administrative and support services
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.