F&C

Active

Private limited companyfounded 20215 yrs activeNerenbroekstraat 9, 9420 Erpe-Mere, BelgiumKBO/BCE: BE 0769.270.574

The computed 12-month bankruptcy probability of F&C is 5.7% (elevated). The 2024 annual accounts show equity of €35k and a net result of €774. Equity is growing by ~27.5% per year across the filed fiscal years. Its solvency ranks better than 21% of 11614 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2024

41 / 100

Weak▼ -59 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability11▼-89

Solvency24▼-76

Growth52▼-26

Stability94

Bankruptcy probability, 12 months

5.7% Elevated

0%0.5%1.5%4%10%≥ 25%

Credit up to €2k at 30 days only on tighter terms

Liquidity short (current ratio 0.9 against 2.32 in 2023), and 79.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

20.6%

Return on assets

0.5%

Age of the figures

20 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 11614 sector peers (2024).

NBB · sector comparison

Position among 11614 sector peers

Solvency

better than 21%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

not confirmed

2024

42 d early

2023

33 d early

2022

40 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€35k▲ 2.3%

2023 · €34k

2022: €16k 2023: €34k

2022 → 2024

Total assets

€170k▲ 221%

2023 · €53k

2022: €38k 2023: €53k

2022 → 2024

Net result

€774▼ 95.7%

2023 · €18k

2022: €11k 2023: €18k

2022 → 2024

Working capital

€-4k

2023 · €25k

2022: €10k 2023: €25k

2022 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202220232024Trend

Equity€16k-€34k▲ 112%€35k▲ 2.3%

Operating result€15k-€23k▲ 52.4%€2k▼ 90.6%

Net result€11k-€18k▲ 61.8%€774▼ 95.7%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 91% below 2023 and is the lowest year so far.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €170k

75.7%

24.3%

Fixed assets €129k▲ 1,221%

Current assets €41k▼ 4.5%

Equity and liabilities €170k

20.6%

79.4%

Equity €35k▲ 2.3%

Debt €135k▲ 624%

The debt ratio rises from 35.2% to 79.4%: debt grows faster than equity.

Key figures and ratios

2024 value · change against 2023

EBITDA

€10k▼

2023 · €26k

Cash flow

€8k▼

2023 · €21k

Solvency

20.6%▼

2023 · 64.8%

Current ratio

0.90▼

2023 · 2.32

Quick ratio

0.83▼

2023 · 2.32

Debt / equity

3.85▲

2023 · 0.54

ROE

2.2%▼

2023 · 52.8%

ROA

0.5%▼

2023 · 34.2%

Interest coverage

4.56▼

2023 · 317.03

Debt

€135k▲

2023 · €19k

Debt ≤ 1 year

€46k▲

2023 · €19k

Debt > 1 year

€87k

Income taxes

€440▼

2023 · €5k

Staff costs

€5k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€53k€170k▲

Fixed assets21/28€10k€129k▲

Intangible fixed assets21-€24k

Tangible fixed assets22/27€10k€105k▲

Plant, machinery and equipment23€3k€99k▲

Furniture and vehicles24€7k€4k▼

Other tangible fixed assets26-€2k

Current assets29/58€43k€41k▼

Stocks and contracts in progress3-€4k

Stocks30/36-€4k

Amounts receivable within one year40/41€11k€15k▲

Trade receivables40€11k€15k▲

Other amounts receivable41-€78

Cash at bank and in hand54/58€31k€13k▼

Deferred charges and accrued income490/1€1k€9k▲

Equity and liabilities

Total equity and liabilities10/49€53k€170k▲

Equity10/15€34k€35k▲

Contributions10/11€5k€5k=

Profit (loss) carried forward14€29k€30k▲

Amounts payable17/49€19k€135k▲

Amounts payable after more than one year17-€87k

Financial debts170/4-€87k

Amounts payable within one year42/48€19k€46k▲

Current portion of amounts payable after more than one year42-€13k

Trade debts44€4k€17k▲

Suppliers440/4€4k€17k▲

Taxes, remuneration and social security45€13k€11k▼

Taxes450/3€13k€9k▼

Remuneration and social security454/9€304€2k▲

Other amounts payable47/48€1k€5k▲

Accrued charges and deferred income492/3-€2k

Income statement Code20232024

Remuneration, social security and pensions62-€5k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€8k▲

Other operating charges640/8€958€1k▲

Gross operating margin9900€27k€16k▼

Operating profit (loss)9901€23k€2k▼

Financial income75/76B€158€1k▲

Recurring financial income75€158€1k▲

Financial charges65/66B€83€2k▲

Recurring financial charges65€83€2k▲

Profit (loss) for the period before taxes9903€23k€1k▼

Income taxes67/77€5k€440▼

Profit (loss) for the period9904€18k€774▼

Profit (loss) for the period to be appropriated9905€18k€774▼

Appropriation of the result

Profit (loss) to be appropriated9906€29k€30k▲

Profit (loss) brought forward from the previous period14P€11k€29k▲

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 6Financial 2Gazette 1Filings 3

2026

30-07

State Gazette act Resignations & appointments

General meeting · Director resignation · Power of attorney3 facts ▸

General meeting, 27/07/2026
Director resignation, Charline Vermeir (niet-statutaire bestuurder)
Power of attorney, BV Serveron

2025

19-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Weakest financial yearnet €774 ▼95.7%

Net result drops to €774, the lowest in the series.

28-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Highest result since 2022net €18k ▲61.8%

Operating result €23k, net result €18k, both a record.

21-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2026

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

08-07-2026 Resigned as Non-statutory director

Location & real-estate footprint

Registered office, Erpe-Mere · 2 establishment units since 2021

establishment All 2 establishment units on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Nerenbroekstraat 99420 Erpe-Mere

Ground area

1,732 m²

Building footprint

332 m²

Volume, LiDAR