Equity
€5.4m ▲ 70.1%
Equity rose in 2025 from €3.2m to €5.4m.
Fidiaz
Lifetime
15 annual accounts with figures on one time axispeak €8.2m (2022)
-not published
lowest -€22,402 (2015)
€2.2m▼ 17.8%
peak €6.4m (2022)
€5.4m▲ 70.1%
€3.6m▼ 45.4%
peak 94.1 FTE (2022)
82 FTE▲ 2.2%
Board12 names since 2016
3 directorsBOGAERTS Geert and 2 others
Owners4 names in the annual accounts
100%PIA Group BeLux and 1 other
Documentsfilings and deeds
15-07-202616 days before the deadline
2025financial year
1 director appointed, 1 resignation 08-07Equity from €3.2m to €5.4mDebts from €6.6m to €3.6m
Key points
from the 2025 annual accountsInvestments
€136,818 0.1 × depreciation
Green is investment, beige is depreciation. Machinery stands 46.6% higher than in 2024.
Staff
83 employees on 31-12-2025
In 2025, 27 people joined and 24 left.
Payment terms
68 days to suppliers
Fidiaz pays its suppliers 49 days later than in 2024. Customers pay 5 days later.
Liquidity
1.26 was 0.64 in 2024
Short-term debts fell from €6.5m to €3.5m.
Position in the sector
€2.2m
Higher net result than 95% of companies in legal and accounting. Sector median €119,810 · 1,050 companies.
Checked score
95
Excellent
Financially stronger than 61% of medium-sized companies in legal and accounting (NACE 69)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 94 companies (NACE 69, medium-sized).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025highest value
08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: 0.1%▲ +0.1 percentage points vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 1.26, cash €507,223
lowers risk
Sector: Legal and accounting activities (NACE 69)
Equity €5.4m (59.9% of total assets)
Figures for financial year 2025 (filed on 15-07-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 69, medium-sized). It does better than 60% of them on solvency, 36% on liquidity, 91% on profitability and 55% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 546 companies had the same profile as Fidiaz has now. Each dot stands for 2 companies, two years later.
95.2%
were still trading
4.2%
stopped another way
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Fidiaz itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 546 companies, not a prediction for Fidiaz. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €500,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.26 (0.64 in 2024), below the usual 1.5. Short-term debt is 39.1% and cash 5.7% of total assets. 40.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 days early
2024
14 days early
2023
13 days early
2022
on the day
2021
2 days early
2020
26 days early
2019
49 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 3 days before the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- PIA Group BeLux 100%score 85equity €77.1m (2025) · annual accounts 2025
- Enterhold consolidatesannual accounts 2025
Recent changes
1 director appointed, 1 resignation
Resignation: Philip Van Den Bossche · Appointment: Sandy Ronsmans · Permanent representative: Steven Brouckaert · General meeting of 16-05-2025 · Gazette deed
Appointment: EY Bedrijfsrevisoren (company auditor)
Permanent representative: Brecht Deketele · General meeting of 26-06-2024 · Gazette deed
2 directors resigning
Els WATZEEL and Patrik Peeters · Permanent representative: Steven Brouckaert · General meeting of 23-10-2023 · Gazette deed
1 director appointed, 2 resignations
Resignations: Fidiaz Group BV and Carine Vanroy (managing director) · Appointment: PIAGroup Belgium NV · Permanent representative: Steven Brouckaert · General meeting of 21-04-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Fidiaz Kortenberg | €16.9m | 19.3% | 59.9% | 82 |
| PRICEWATERHOUSECOOPERS BUSINESS SERVICES Machelen (Brab.) | €15.8m | 0.8% | 1.2% | 97.7 |
| B.F.S Woluwe-Saint-Pierre | €12.1m | 2.9% | 23.4% | 56.5 |
| RSM INTERFIDUCIAIRE Zaventem | €17.3m | 3.0% | 24.8% | 76.9 |
| ERNST & YOUNG FIDUCIAIRE Machelen (Brab.) | €14.3m | 2.6% | 22.7% | 67.8 |
| Grant Thornton Accountancy, Tax & Legal Antwerp | €20.5m | 7.9% | 18.0% | 90.6 |
| Acs Accountants Ravels | €17.2m | 20.5% | 28.9% | 83.4 |
Grey: the largest companies of the sector (legal and accounting (NACE 69)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as Fidiaz: certified accountants and tax accountants (NACE 69201). They are comparable in size and age: total assets between €6.1m and €11m, founded between 1987 and 2016.
Official details
Source: KBO- Status
- Active since 13-12-2010Normal situation
- Activity
- Certified accountants and tax accountantsNACE 69201
- Joint committee
- 336Liberal professions · annual accounts 2025
- Establishment units
- 2.194.269.1671602 Sint-Pieters-Leeuw, since 01-01-2011
- 2.275.551.6051050 Ixelles, since 30-04-2018and 5 others
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €8.9m▼ 8.0%
- Employeeson 31-12-2025
- 83▲ 3.8%
- Filing
- Filed on 15-07-2026, 16 days before the end of the filing period
Companies linked to Fidiaz
Parent and group
Insights on Fidiaz
Fidiaz has existed since 2010. The present size dates from 2022. The gross margin rose that year from €3.6m to €8.2m and staff from 46.6 to 94.1 full-time equivalents. On 1 January 2022 four sites were added.
Solvency rose in 2025 from 32.4% to 59.9% because of the retained profit and lower debts.
PIA Group BeLux holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Fidiaz
- What is the company number of Fidiaz?
- The company number of Fidiaz is 0831.832.408. The VAT number is the same number with BE in front: BE 0831.832.408.
- Where is Fidiaz based?
- The registered office is at Leuvensesteenweg 149, 3070 Kortenberg.Company details
- What does Fidiaz do?
- According to the KBO register, the main activity is certified accountants and tax accountants (NACE 69201).
- What is the legal form of Fidiaz?
- Fidiaz is a public limited company (NV).
- When was Fidiaz founded?
- Fidiaz was founded on 13-12-2010.
- Is Fidiaz still active?
- Yes, Fidiaz is an active enterprise in the KBO register.
- How many employees does Fidiaz have?
- Fidiaz had an average of 82 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Fidiaz fall under?
- In its 2025 annual accounts, Fidiaz states joint committee 336 (Liberal professions).
- What is the turnover of Fidiaz?
- The turnover of Fidiaz was €16.9m in financial year 2025, according to the filed annual accounts.
- Is Fidiaz profitable?
- In financial year 2025, Fidiaz made a profit of €2.2m.
- Where can I find the annual accounts of Fidiaz?
- Fidiaz filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Fidiaz due?
- Fidiaz must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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