## [Assisting companies in difficulty](/en/services/assisting-companies-in-difficulty)

Companies can find themselves in financial difficulties for a variety of reasons, but recovery is often possible. At Moore, we conduct a thorough analysis of the causes of continuity problems and map out the financial situation, giving you insight and perspective for the future.

We advise you on all possible options within the legal framework, including the judicial reorganisation procedure (formerly WCO). We help you draw up the petition, the necessary financial statements, the reorganisation plan and follow up during the procedure, including reporting to the Commercial Court.

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.

 

 Contact one of our experts

 

 [  ![](/sites/default/files/styles/ratio_1_1/public/2024-01/Jo%20Vandecasteele_Moore_1_0.jpg?h=a7e57cec&itok=jRIAUM-U)  

### Jo Vandecasteele

Partner Audit & Assurance

 

 

  ](/en/contact) 

 

  

 ![Ondersteuning bedrijf in moeilijkheden](/sites/default/files/2024-11/iStock-1987430372.jpg "Ondersteuning bedrijf in moeilijkheden")

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