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Complete company report
Generated 13-08-2026
Active BE 0458.708.347Public limited company

F CARE SYSTEMS

Uitbreidingstraat 42-46 ·2600 Antwerpen, Belgium· 29 yrs active
Sector: Groothandel in farmaceutische en medische artikelen (46460)
Conclusion Checked

The computed 12-month bankruptcy probability of F CARE SYSTEMS is 0.3% (very low). The 2024 annual accounts show equity of €1.50M and a net result of €182k. Equity is growing by ~18.1% per year across the filed fiscal years. Its solvency ranks better than 72% of 963 sector peers (fiscal year 2024). The company has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.
Key figures
Equity €1.50M
Net result €182k
Staff (FTE) 11.4
Better than sector 72%
Snowflake analysis 5 of 5 axes measured · computed by Checked
Health93Profitability61Solvency95Growth78Stability100
85 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 93
Profitability 61
Solvency 95
Growth 78
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.3% Very low
0%0,5%1,5%4%10%≥25%
Long track record −Lower-risk legal form −Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Long-established
Founded in 1996, 29 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags 0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2024 · computed
93 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 17-07-2025 with the NBB · fiscal year 2024 · verkort
€-200k€0€200k€400kOperating result 2020: €77k€77kNet result 2020: €-37k€-37kOperating result 2021: €140k€140kNet result 2021: €95k€95kOperating result 2022: €367k€367kNet result 2022: €247k€247kOperating result 2023: €424k€424kNet result 2023: €283k€283kOperating result 2024: €269k€269kNet result 2024: €182k€182k20202021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~18.1%/year over 7 fiscal years, indicative, assuming unchanged policy.
€0€1.00M€2.00M€3.00M2025: €1.77M (€1.65M - €1.89M)2026: €2.09M (€1.97M - €2.21M)2027: €2.47M (€2.35M - €2.59M)2018: €570k2019: €683k2020: €733k2021: €828k2022: €1.07M2023: €1.33M2024: €1.50M2018201920202021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 46, Wholesale trade · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 53.0% 27.4%
better than 72% of 963 sector peers
Net result €182k €24k
better than 80% of 963 sector peers
Equity €1.50M €172k
better than 87% of 963 sector peers
Gross operating margin €1.36M €174k
better than 92% of 961 sector peers
Staff costs €969k €166k
higher than 92% of 594 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€388k
-27.0% 18-24
Net profit
€182k
-35.7% 18-24
Cash flow
€301k
-23.0% 18-24
Total assets
€2.83M
+20.1% 18-24
Equity
€1.50M
+12.8% 18-24
Working capital
€1.21M
+14.6% 18-24
Employees (FTE)
11
+2.7% 18-24
Staff costs
€969k
+21.6% 18-24
Income taxes
€67k
-46.2% 18-24
Debt
€1.33M
+29.5% 18-24
Debt ≤ 1y
€1.31M
+34.3% 18-24
Debt > 1y
€18k
-64.7% 18-24
Current ratio
1.92
-7.6% 18-24
Quick ratio
1.07
-3.0% 18-24
Solvency
53.0%
-6.1% 18-24
Debt / equity
0.89
+14.8% 18-24
ROE
12.1%
-43.0% 18-24
ROA
6.4%
-46.5% 18-24
Interest coverage
15.42
-44.9% 18-24
Figures by fiscal year
Fiscal year2024
Depositverkort
Revenue-
EBITDA€388k
Net profit€182k
Cash flow€301k
Staff costs€969k
Income taxes€67k
Dividends-
Total assets€2.83M
Equity€1.50M
Debt€1.33M
of which ≤ 1y€1.31M
of which > 1y€18k
Working capital€1.21M
Employees (FTE)11.4
Ratios (computed)
2024
Current ratio1.92
Quick ratio1.07
Working capital ratio42.7%
Solvency53.0%
Debt / equity0.89
Long-term debt ratio0.01
Interest coverage15.42
Gross margin-
Net margin-
ROA6.4%
ROE12.1%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€2.83M
Fixed assets 21/28€310k
Intangible fixed assets 21€149k
Tangible fixed assets 22/27€104k
Financial fixed assets 28€57k
Current assets 29/58€2.52M
Stocks & contracts in progress 3€1.12M
Amounts receivable within one year 40/41€1.29M
Cash & bank 54/58€119k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€2.83M
Equity 10/15€1.50M
Contributions / capital 10/11€765k
Reserves 13€98k
Accumulated profits (losses) 14€637k
Amounts payable 17/49€1.33M
Amounts payable after one year 17€18k
Amounts payable within one year 42/48€1.31M
Trade debts payable within one year 44€683k
Income statement
Gross operating margin 9900€1.36M
Operating result 9901€269k
Financial income 75€5k
Financial charges 65€25k
Result before taxes 9903€249k
Income taxes 67/77€67k
Net result for the period 9904€182k
Result to be appropriated 9905€182k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 1 directors
Current directors & mandates
  • Li Ping
    Director
    State Gazette act 22091367 (29-07-2022)
    Current
    29-07-2022 → present
Permanent representatives (1)
These people represent a legal-person director (a management company, for instance). They hold no board mandate of their own and do not count as directors.
  • Callens, Vandelanotte & Theunissen BVLegal entity
    Permanent representative· perm. rep.: Guy Meerbergen
    State Gazette act 24168105 (27-11-2024)
    Permanent representative
    27-11-2024 → present
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Legal Structure
NACE primary Groothandel in farmaceutische en medische artikelen(46460)
Legal form Public limited company(014)
Incorporation30-08-1996
StatusActive
Postal code2600
Establishment units 1 location
F Care Systems
Uitbreidingstraat 42-46, 2600 AntwerpenPersonenvervoer door de lucht
since 19962.078.039.413
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11003A0130/00Z004 Flanders 201 m² 1 · 151 m² 16.7 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 13 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
17-07-2025
NBB filing Annual accounts filed
fiscal year 2024 · verkort
2024
27-11-2024
State Gazette act Director changes
09-09-2024
NBB filing Annual accounts filed
fiscal year 2023 · verkort
2023
06-09-2023
NBB filing Annual accounts filed
fiscal year 2022 · verkort
2022
02-09-2022
State Gazette act Director changes
01-08-2022
NBB filing Annual accounts filed
fiscal year 2021 · verkort
29-07-2022
State Gazette act Director changes
2021
08-10-2021
NBB filing Annual accounts filed
fiscal year 2020 · verkort
2020
23-07-2020
NBB filing Annual accounts filed
fiscal year 2019 · verkort
2019
08-07-2019
NBB filing Annual accounts filed
fiscal year 2018 · verkort
2018
25-06-2018
NBB filing Annual accounts filed
fiscal year 2017 · verkort
2017
21-08-2017
NBB filing Annual accounts filed
fiscal year 2016 · verkort
2016
23-09-2016
NBB filing Annual accounts filed
fiscal year 2015 · verkort
Belgisch Staatsblad, acts 3 acts
All acts · 3 updated 1 year ago
2024
27-11-2024 2 directors appointed Director changes
  • Guy Meerbergen, Commissaris
  • Guy Meerbergen, Vaste vertegenwoordiger
Technical details 
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2022
02-09-2022 Chi Ming Chan reappointed as director Director changes
  • Chi Ming Chan, Bestuurder
Technical details 
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29-07-2022 3 directors appointed Director changes
  • Li Ping, Bestuurder
  • Johan Lagae, Gedelegeerd bestuurder
  • Els Bruls, Gedelegeerd bestuurder
Technical details 
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}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE) Crossroads Bank
Activities
Groothandel in farmaceutische producten46460Groothandel in farmaceutische en medische artikelen46460Groothandel in farmaceutische producten51460Niet-gespecialiseerde groothandel46900Niet-gespecialiseerde groothandel46900
Primary activity highlighted.
Names & trade names
Legal nameNL F CARE SYSTEMS
Registered office
Uitbreidingstraat 42-46
2600 Antwerpen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Similar companies Comparable size · 195 of 1,895 companies in this sector with filed accounts
B-DENTAL BE 0885.030.572 · Lummen
Orifarm Healthcare BE 0755.731.948 · Zaventem
Devroye Instruments BE 0778.697.192 · Etterbeek
ASTEL MEDICA BE 0472.890.044 · Tinlot
CLOSSON BE 0842.494.785 · Wellin
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative