Result
€558,411 ▲ 54.2%
The result rose in 2025 from €362,200 to €558,411.
F-ACTION
Lifetime
20 annual accounts with figures on one time axis, 24 filings since 2002peak €253,942 (2015)
-€16,975▼ €39,702
lowest -€485,854 (2013)
€558,411▲ 54.2%
peak €4.8m (2025)
€4.8m▲ 13.1%
€204,822▲ 5.5%
Board1 name since 2021
1 directorFrançoys Kris
Documentsfilings and deeds
27-08-202627 days late
2025micro format
Gross margin from €22,728 to -€16,975Result from €362,200 to €558,411Equity from €4.3m to €4.8mInvestments €187,042Cash from €175,087 to €30,287
Key points
from the 2025 annual accountsInvestments
€210,264 3.1 × depreciation
Green is investment, beige is depreciation. Machinery stands 291.2% higher than in 2024.
Filings
24 annual accounts since 2002
Seven of the last ten came late. The 2024 accounts came latest: 55 days after the end of the period.
Turnover not published (abbreviated or micro format)
Checked score
94
Excellent
Financially stronger than 56% of small companies in head offices and management consultancy (NACE 70)
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 4,522 companies (NACE 70, small).
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 12-2024lowest value
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%▲ +0.1 percentage points vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.2%▲ +0.1 percentage points vs 08-2025
10-2025: 0.3%▲ +0.1 percentage points vs 09-2025highest value
11-2025: 0.1%▼ -0.2 percentage points 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%● unchanged 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%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 9.84, cash €30,287, halved
Last filed accounts filed 27 days late; 1 of the last 3 accounts late
lowers risk
Size: total assets €5.0m
Equity €4.8m (95.9% of total assets)
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 70, small). It does better than 85% of them on solvency, 52% on liquidity, 18% on profitability and 68% on growth.
The bankruptcy probability was computed on 09-11-2026 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, 20,137 companies had the same profile as F-ACTION has now. Each dot stands for 51 companies, two years later.
95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of F-ACTION 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 20,137 companies, not a prediction for F-ACTION. 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 €450,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 9.84 (8.07 in 2024), above the usual 1.5. Short-term debt is 4.1% and cash 0.6% of total assets. 4.1% 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 risk
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
27 days late
2024
55 days late
2023
29 days late
2022
23 days late
2021
11 days late
2020
27 days late
2019
on the day
← 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 25 days after the deadline. In the sector (NACE 70), 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 27 August (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
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0474090468
Registered office moved from Wetteren to Munte
New registered office: Asselkouter 42, 9820 Munte · Previous registered office: Korte Massemsesteenweg 20, 9230 Wetteren · Change of role: Françoys Kris, from statutory director to director · General meeting of 13-10-2023 · Gazette deed
First establishment
Asselkouter 42, Merelbeke-Melle
Incorporation
published on 27-02-2001 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| F-ACTION Merelbeke-Melle | €5.0m | -€16,975 | 95.9% | - |
| ICTIVA Sint-Martens-Latem | €5.3m | -€87,521 | 74.3% | - |
| LMCL Wichelen | €5.1m | -€2,265 | 50.4% | - |
| VANKA INVEST Wortegem-Petegem | €5.6m | -€130,232 | 73.8% | - |
| POPMAN De Panne | €5.5m | -€34,033 | 42.7% | 0 |
| DUMEE Knokke-Heist | €5.0m | -€4,926 | -21.8% | - |
| ARELIA Estaimpuis | €5.8m | -€4,963 | 18.5% | 0 |
These companies have the same main activity as F-ACTION: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €5m and €5.8m, founded between 1998 and 2002.
Official details
Source: KBO- Status
- Active since 15-02-2001Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.093.065.0109820 Merelbeke-Melle, since 16-03-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 31-10-2023
Insights on F-ACTION
F-ACTION files the micro format. That format states no turnover. The gross margin fell from €24,424 in 2006 to -€16,975 in 2025.
The balance sheet grew most from 2022 to 2024 through fixed assets.
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 F-ACTION
- What is the company number of F-ACTION?
- The company number of F-ACTION is 0474.090.468. The VAT number is the same number with BE in front: BE 0474.090.468.
- Where is F-ACTION based?
- The registered office is at Asselkouter 42, 9820 Merelbeke-Melle.Company details
- What does F-ACTION do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of F-ACTION?
- F-ACTION is a private limited company (BV).
- When was F-ACTION founded?
- F-ACTION was founded on 15-02-2001.
- Is F-ACTION still active?
- Yes, F-ACTION is an active enterprise in the KBO register.
- What is the turnover of F-ACTION?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
- Is F-ACTION profitable?
- In financial year 2025, F-ACTION made a profit of €558,411.
- Where can I find the annual accounts of F-ACTION?
- F-ACTION filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of F-ACTION due?
- F-ACTION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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