F.C.V.
ActiveF.C.V. has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €235k and a net result of €8k. Equity is growing by ~6.6% per year across the filed fiscal years. Its solvency ranks better than 75% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
80
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability72▼-1
Solvency94▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 4.74 against 4.52 in 2023; short-term debt: 16.1% and cash: 24.3% of total assets), and 30.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
56 d early
2022
49 d early
2021
19 d early
2020
30 d late
2019
58 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€235k▲ 3.7%
2023 · €226k
2018: €161k
2019: €161k
2020: €187k
2021: €199k
2022: €216k
2023: €226k
2018 → 2024
Total assets
€339k▲ 4.6%
2023 · €324k
2018: €281k
2019: €253k
2020: €332k
2021: €319k
2022: €349k
2023: €324k
2018 → 2024
Net result
€8k▼ 18.7%
2023 · €10k
2018: €33k
2019: €19k
2020: €46k
2021: €51k
2022: €17k
2023: €10k
2018 → 2024
Working capital
€204k▲ 2.1%
2023 · €199k
2018: €138k
2019: €133k
2020: €169k
2021: €178k
2022: €186k
2023: €199k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€187k-€199k▲ 6.4%€216k▲ 8.5%€226k▲ 4.8%€235k▲ 3.7%
Operating result€61k-€75k▲ 22.9%€6k▼ 91.5%€18k▲ 182%€15k▼ 17.7%
Net result€46k-€51k▲ 9.9%€17k▼ 66.7%€10k▼ 39.4%€8k▼ 18.7%
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 18% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €339k
Fixed assets
€81k▲ 19.0%
Current assets
€258k▲ 0.8%
Equity and liabilities €339k
Equity
€235k▲ 3.7%
Debt
€104k▲ 6.8%
The debt ratio rises from 30.1% to 30.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€42k▲
2023 · €39k
Cash flow
€35k▲
2023 · €32k
Solvency
69.3%▼
2023 · 69.9%
Current ratio
4.74▲
2023 · 4.52
Quick ratio
3.14▼
2023 · 3.26
Debt / equity
0.44▲
2023 · 0.43
ROE
3.6%▼
2023 · 4.5%
ROA
2.5%▼
2023 · 3.2%
Interest coverage
12.77▼
2023 · 14.54
Debt
€104k▲
2023 · €97k
Debt ≤ 1 year
€54k▼
2023 · €57k
Debt > 1 year
€50k▲
2023 · €41k
Income taxes
€4k▼
2023 · €5k
Staff costs
€304k▲
2023 · €290k
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€324k€339k▲
Fixed assets21/28€68k€81k▲
Tangible fixed assets22/27€68k€81k▲
Plant, machinery and equipment23€981€687▼
Furniture and vehicles24€65k€79k▲
Other tangible fixed assets26€2k€1k▼
Financial fixed assets28€140€140=
Current assets29/58€256k€258k▲
Stocks and contracts in progress3€71k€87k▲
Stocks30/36€71k€87k▲
Amounts receivable within one year40/41€105k€79k▼
Trade receivables40€80k€57k▼
Other amounts receivable41€26k€22k▼
Cash at bank and in hand54/58€70k€82k▲
Deferred charges and accrued income490/1€9k€10k▲
Equity and liabilities
Total equity and liabilities10/49€324k€339k▲
Equity10/15€226k€235k▲
Contributions10/11€19k€19k=
Reserves13€208k€216k▲
Tax-exempt reserves132€17k€17k=
Distributable reserves133€191k€199k▲
Profit (loss) carried forward14€134€134=
Amounts payable17/49€97k€104k▲
Amounts payable after more than one year17€41k€50k▲
Financial debts170/4€41k€50k▲
Amounts payable within one year42/48€57k€54k▼
Current portion of amounts payable after more than one year42€18k€22k▲
Trade debts44€19k€25k▲
Suppliers440/4€19k€25k▲
Taxes, remuneration and social security45€8k€3k▼
Taxes450/3€8k€3k▼
Other amounts payable47/48€12k€5k▼
Income statement
Code20232024
Remuneration, social security and pensions62€290k€304k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€27k▲
Other operating charges640/8€732€1k▲
Gross operating margin9900€330k€347k▲
Operating profit (loss)9901€18k€15k▼
Financial income75/76B€498€758▲
Recurring financial income75€498€758▲
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€16k€12k▼
Income taxes67/77€5k€4k▼
Profit (loss) for the period9904€10k€8k▼
Profit (loss) for the period to be appropriated9905€10k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€10k€8k▼
Profit (loss) brought forward from the previous period14P€134€134=
Transfer to equity691/2€10k€8k▼
To other reserves6921€10k€8k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €8k ▼18.7%
Net result drops to €8k, the lowest in the series.
05-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €216k ▲8.5%
5 profitable years in a row build equity to €216k.
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €51k ▲9.9%
Operating result €75k, net result €51k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
03-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Keerbergen · 1 establishment unit since 1994
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.
Busselweg 13140 KeerbergenGround area
1,055 m²
Building footprint
191 m²
Volume, LiDAR
1,055 m³
Parcel 24048B0023/00V002, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
F.C.V.
since 19942.067.531.541
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24048B0023/00V002 | Flanders | 1,054 m² | 1 · 191 m² | 7.0 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 1,000 EUR awarded · 1,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,000 EUR | 1,000 EUR |
Schemes
Premie kwalificerend werkplekleren
Recognitions · licences · registrations
Recognised contractor
2 categoriesF.C.V. BV21589
Dual-learning approval
2 live approvalsTechnicus installatietechnieken (vwo)
Technicus installatietechnieken duaal (so)
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Of 9,524 companies in sector 43222 we hold annual accounts for 5,657. 4,709 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-07-1994
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.