Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2021 and 2022.
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Tight liquidity NBB
Cash and receivables cover 24 % of short-term debt in 2022; threshold 65 %.
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Busy address KBO
19 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2022
FALCO from Binche, company number BE0453893979, closed financial year 2022 with a result of € -48,752 after tax. For that financial year FALCO recorded a gross margin of € 252,040 and equity of € -234,917. Compared with financial year 2021, the result moved from € -1.2 million to € -48,752. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 29, 2023.
€ -234,917
▼ € 52,941 vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -48,752
▲ 96 % less loss than in 2021
Profit after tax over the fiscal year.
€ 56,135
▼ 56% vs 2021
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.2 million.
People and assets in 2022
6.6
▼ 7.2 vs 2021
Average over the fiscal year, from the social balance sheet.
€ 202,327
▼ 68% vs 2021
€ 30,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 17,135
▼ 74% vs 2021
Book value of vehicles, furniture and equipment.
Debts at end 2022
€ 1 million
▼ 9% vs 2021
€ 41,467 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 474,656
▼ 35% vs 2021
Supplier invoices still open on the last day of the fiscal year.
€ 25,957
▼ 86% vs 2021
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Gross margin | € -438,780 | € 252,040 | ▲ € 690,820 |
| Profit after taxes | € -1,222,717 | € -48,752 | ▲ € 1.2 million |
| Equity | € -181,976 | € -234,917 | ▼ € 52,941 |
| Total debts | € 2,115,019 | € 1,592,346 | ▼ 25% |
| Cash | € 127,933 | € 56,135 | ▼ 56% |
| Land & buildings | € 604,954 | € 591,417 | ▼ 2% |
| Retained profit | € -1,167,112 | € -1,215,864 | ▼ € 48,752 |
| Bank debt | € 1,102,136 | € 1,007,871 | ▼ 9% |
| Balance sheet total | € 1,933,043 | € 1,357,429 | ▼ 30% |
| Employees (FTE) | 13.8 | 6.6 | ▼ 7.2 |
Key figures of FALCO, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to FALCO?
What happened at FALCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
FALCO is active according to the CBE. Legal situation: Opening faillissement.
- Domenico FALCONI stepped down as director. NBB
- Filomena BALBO stepped down as director. NBB
- New annual accounts for financial year 2022: loss of € 48,752. filed late Source: NBB ↗
- Domenico FALCONI became a director. NBB
- Filomena BALBO became a director. NBB
- New establishment in Binche. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.2 million loss in 2021 to € 48,752 loss in 2022.
Paid € 532 in corporate taxes since 2021.
On average € 38,200 of value added per employee in 2022.
Management
Directors
According to the 2022 annual accounts
Domenico FALCONI
Director
since 2018 · until 2024
Filomena BALBO
Director
since 2018 · until 2024
Establishments
Establishment units
Physical locations of this company
Rue Albert 1er(LEV) 46
7134 Binche
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 19 companies are registered at this address.
All companies at this address →ALKAR TECHNOLOGY
€ 38,389 gross margin · 2025
Franklin SL Invest
€ -745 gross margin · 2025
Franklin SL Infra
€ -9,004 gross margin · 2025
LYLA'S
€ 111,397 gross margin · 2025
HB&co
€ 274,108 gross margin · 2025
+14 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0453.893.979
- VAT number
- BE 0453.893.979
- Registered office
- Rue Albert 1er(LEV) 46, 7134 Binche
- Names & denominations
- FALCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 24 November 1994
- Peppol
- Not registered
- Activities · NACE
Dakwerkzaamheden
Dakbedekking en bouw van dakconstructies
Stukadoorswerk
Algemene bouw van residentiële gebouwen
Schrijnwerk
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Bouwen van individuele huizen
+4