Assisting companies in difficulty

Businesses can be in financial difficulty due to a variety of circumstances, while at the same time having prospects of becoming profitable again. There are several ways for companies to adjust their financial situation, such as by means of an acquisition or by attracting investors.

For companies in this situation, we offer comprehensive support in various areas:

• Analysing the causes of continuity problems and providing insight into the financial situation of the company.
• Advice and consideration of measures that can be taken in the event of risks to the continuity of the business.
• The legislature has created a specific framework in which companies in difficulty are offered various options. These options form part of the judicial reorganisation procedure (formerly known as WCO).
  • Assistance in preparing the financial documents that are necessary for the petition for admission to the judicial reorganisation procedure, including the required statements.
  • Financial follow-up during judicial reorganisation proceedings (e.g. reporting to the Commercial Court).
  • Assistance in drawing up the reorganisation plan, which is submitted to the creditors for a vote.

Interested in our services?

Would you like to know more about how we can assist companies in financial difficulties, about the judicial reorganisation procedure or to schedule a no-obligation consultation? If so, please feel free to contact our team of experienced auditors. Together, we will identify your specific needs to provide the most effective type of support to your company.