F&C Projects
ActiveF&C Projects has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €247k and a net result of €81k. Equity is shrinking by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 47% of 31523 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
98
/ 100
Excellent▲ +5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+7
Solvency95▼-5
Growth58=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 1.95 against 5.39 in 2024), and 47.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
52.7%
Return on assets
17.4%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
1 d early
2022
31 d late
2021
44 d late
2020
86 d late
2019
55 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€247k▼ 32.4%
2024 · €365k
2018: €369k
2019: €423k
2020: €479k
2021: €554k
2022: €324k
2023: €351k
2024: €365k
2018 → 2025
Total assets
€468k▲ 4.7%
2024 · €447k
2018: €416k
2019: €468k
2020: €526k
2021: €626k
2022: €380k
2023: €452k
2024: €447k
2018 → 2025
Net result
€81k▲ 19.8%
2024 · €68k
2018: €59k
2019: €58k
2020: €56k
2021: €75k
2022: €66k
2023: €87k
2024: €68k
2018 → 2025
Working capital
€211k▼ 41.7%
2024 · €361k
2018: €345k
2019: €410k
2020: €472k
2021: €550k
2022: €321k
2023: €346k
2024: €361k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€554k-€324k▼ 41.6%€351k▲ 8.5%€365k▲ 4.0%€247k▼ 32.4%
Operating result€105k-€92k▼ 12.7%€111k▲ 21.2%€81k▼ 26.7%€102k▲ 24.8%
Net result€75k-€66k▼ 11.4%€87k▲ 30.7%€68k▼ 21.7%€81k▲ 19.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 25% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €468k
Fixed assets
€36k▲ 948%
Current assets
€432k▼ 2.7%
Equity and liabilities €468k
Equity
€247k▼ 32.4%
Debt
€221k▲ 169%
The debt ratio rises from 18.4% to 47.3%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€115k▲
2024 · €83k
Cash flow
€95k▲
2024 · €69k
Solvency
52.7%▼
2024 · 81.6%
Current ratio
1.95▼
2024 · 5.39
Quick ratio
1.95▼
2024 · 5.39
Debt / equity
0.90▲
2024 · 0.23
ROE
33.0%▲
2024 · 18.6%
ROA
17.4%▲
2024 · 15.2%
Interest coverage
799.15▲
2024 · 520.19
Debt
€221k▲
2024 · €82k
Debt ≤ 1 year
€221k▲
2024 · €82k
Income taxes
€31k▲
2024 · €27k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€447k€468k▲
Fixed assets21/28€3k€36k▲
Tangible fixed assets22/27€3k€36k▲
Furniture and vehicles24€63€33k▲
Other tangible fixed assets26€3k€3k▼
Current assets29/58€444k€432k▼
Amounts receivable after more than one year29€200k€150k▼
Other amounts receivable291€200k€150k▼
Amounts receivable within one year40/41€19k€19k▼
Trade receivables40€19k€19k▼
Other amounts receivable41€0-
Current investments50/53-€130k
Cash at bank and in hand54/58€215k€125k▼
Deferred charges and accrued income490/1€10k€8k▼
Equity and liabilities
Total equity and liabilities10/49€447k€468k▲
Equity10/15€365k€247k▼
Contributions10/11€12k€12k=
Reserves13€353k€234k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€197€197=
Distributable reserves133€350k€232k▼
Amounts payable17/49€82k€221k▲
Amounts payable within one year42/48€82k€221k▲
Trade debts44€2k€636▼
Suppliers440/4€2k€636▼
Taxes, remuneration and social security45€25k€31k▲
Taxes450/3€17k€25k▲
Remuneration and social security454/9€8k€6k▼
Other amounts payable47/48€55k€189k▲
Accrued charges and deferred income492/3-€131
Income statement
Code20242025
Non-recurring operating income76A-€225
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€13k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€84k€116k▲
Operating profit (loss)9901€81k€102k▲
Financial income75/76B€13k€11k▼
Recurring financial income75€13k€11k▼
Non-recurring financial income76B€13k€11k▼
Financial charges65/66B€159€144▼
Recurring financial charges65€159€144▼
Profit (loss) for the period before taxes9903€95k€112k▲
Income taxes67/77€27k€31k▲
Profit (loss) for the period9904€68k€81k▲
Profit (loss) for the period to be appropriated9905€68k€81k▲
Appropriation of the result
Profit (loss) to be appropriated9906€68k€81k▲
Transfer from equity791/2€54k€196k▲
Transfer to equity691/2€68k€77k▲
To other reserves6921€68k€77k▲
Profit to be distributed694/7€54k€200k▲
Return on contributions (dividend)694€54k€196k▲
Directors or managers695-€4k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €87k ▲30.7%
Operating result €111k, net result €87k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
13-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 44 days late
2021
31-12
Financial
Equity above €500kEq €554k ▲15.7%
4 profitable years in a row build equity to €554k.
25-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 86 days late
2020
31-12
Financial
Weakest financial yearnet €56k ▼3.7%
Net result drops to €56k, the lowest in the series; recovery starts the following year.
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 55 days late
2019
16-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 77 days late
2018
02-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 63 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Waregem · 1 establishment unit since 2010
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.
Elsdreef 328790 WaregemGround area
1,426 m²
Building footprint
164 m²
Volume, LiDAR
861 m³
Parcel 34453F0547/00S002, Flanders · tallest building 6.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
F&C Projects
since 20102.185.182.247
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34453F0547/00S002 | Flanders | 1,425 m² | 1 · 164 m² | 6.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
THE HUB GROUP
BE 0788.459.253
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THE ADMINCOMPANY
BE 0830.117.684
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OGON CONSULTING SERVICES
BE 0553.478.832
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DEEVEE
BE 0870.215.803
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NG CONSULTING
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Of 82,215 companies in sector 70200 we hold annual accounts for 52,392. 38,840 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-02-2010
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.