F.D.B.
ActiveF.D.B. has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.22M and a net result of €800k. Equity is growing by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 36% of 10289 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▲+4
Solvency50▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €220k at 30 days acceptable
Liquidity short (current ratio 0.97 against 0.94 in 2024; short-term debt: 29% and cash: 14.1% of total assets), and 74.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
25.1%
Return on assets
6.2%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
on the day
2023
6 d early
2022
3 d early
2021
57 d early
2020
on the day
2019
16 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€3.22M▲ 14.2%
2024 · €2.82M
2018: €2.11M
2019: €2.12M
2020: €2.47M
2021: €2.64M
2022: €2.30M
2023: €2.42M
2024: €2.82M
2018 → 2025
Total assets
€12.83M▲ 1.9%
2024 · €12.59M
2018: €4.90M
2019: €3.43M
2020: €3.84M
2021: €4.79M
2022: €9.88M
2023: €11.65M
2024: €12.59M
2018 → 2025
Net result
€800k▲ 102%
2024 · €397k
2018: €239k
2019: €93k
2020: €416k
2021: €173k
2022: €-336k
2023: €117k
2024: €397k
2018 → 2025
Working capital
€-94k▲ 53.5%
2024 · €-201k
2018: €1.01M
2019: €1.09M
2020: €1.45M
2021: €-438k
2022: €-618k
2023: €-508k
2024: €-201k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.64M-€2.30M▼ 12.8%€2.42M▲ 5.1%€2.82M▲ 16.4%€3.22M▲ 14.2%
Operating result€236k-€-285k€233k€637k▲ 173%€1.22M▲ 92.0%
Net result€173k-€-336k€117k€397k▲ 240%€800k▲ 102%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 92% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12.83M
Fixed assets
€9.20M▼ 4.2%
Current assets
€3.63M▲ 21.7%
Equity and liabilities €12.83M
Equity
€3.22M▲ 14.2%
Debt
€9.62M▼ 1.6%
The debt ratio falls from 77.6% to 74.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.65M▲
2024 · €1.06M
Cash flow
€1.23M▲
2024 · €819k
Solvency
25.1%▲
2024 · 22.4%
Current ratio
0.97▲
2024 · 0.94
Quick ratio
0.73▲
2024 · 0.68
Debt / equity
2.99▼
2024 · 3.47
ROE
24.9%▲
2024 · 14.1%
ROA
6.2%▲
2024 · 3.2%
Interest coverage
10.63▲
2024 · 7.08
Debt
€9.62M▼
2024 · €9.77M
Debt ≤ 1 year
€3.73M▲
2024 · €3.19M
Debt > 1 year
€5.79M▼
2024 · €6.54M
Income taxes
€275k▲
2024 · €101k
Staff costs
€1.25M▲
2024 · €1.25M
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€12.59M€12.83M▲
Fixed assets21/28€9.60M€9.20M▼
Tangible fixed assets22/27€9.59M€9.19M▼
Land and buildings22€7.72M€7.54M▼
Plant, machinery and equipment23€1.87M€1.65M▼
Furniture and vehicles24€3k€1k▼
Financial fixed assets28€10k€10k=
Current assets29/58€2.99M€3.63M▲
Stocks and contracts in progress3€823k€896k▲
Stocks30/36€823k€896k▲
Amounts receivable within one year40/41€268k€366k▲
Trade receivables40€73k€86k▲
Other amounts receivable41€195k€280k▲
Cash at bank and in hand54/58€1.50M€1.81M▲
Deferred charges and accrued income490/1€391k€566k▲
Equity and liabilities
Total equity and liabilities10/49€12.59M€12.83M▲
Equity10/15€2.82M€3.22M▲
Contributions10/11€535k€535k=
Capital10€535k€535k=
Issued capital100€535k€535k=
Reserves13€2.28M€2.68M▲
Non-distributable reserves130/1€54k€54k=
Legal reserve130€54k€54k=
Distributable reserves133€2.23M€2.63M▲
Profit (loss) carried forward14-€0
Amounts payable17/49€9.77M€9.62M▼
Amounts payable after more than one year17€6.54M€5.79M▼
Financial debts170/4€6.54M€5.79M▼
Amounts payable within one year42/48€3.19M€3.73M▲
Current portion of amounts payable after more than one year42€474k€754k▲
Trade debts44€2.24M€2.29M▲
Suppliers440/4€2.24M€2.29M▲
Taxes, remuneration and social security45€263k€261k▼
Taxes450/3€33k€12k▼
Remuneration and social security454/9€231k€249k▲
Other amounts payable47/48€207k€417k▲
Accrued charges and deferred income492/3€42k€98k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€1.25M€1.25M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€422k€426k▲
Other operating charges640/8€516k€48k▼
Gross operating margin9900€2.82M€2.95M▲
Operating profit (loss)9901€637k€1.22M▲
Financial income75/76B€10k€8k▼
Recurring financial income75€10k€8k▼
Financial charges65/66B€149k€155k▲
Recurring financial charges65€149k€155k▲
Profit (loss) for the period before taxes9903€498k€1.08M▲
Income taxes67/77€101k€275k▲
Profit (loss) for the period9904€397k€800k▲
Profit (loss) for the period to be appropriated9905€397k€800k▲
Appropriation of the result
Profit (loss) to be appropriated9906€397k€800k▲
Transfer to equity691/2€397k€400k▲
To other reserves6921€397k€400k▲
Profit to be distributed694/7-€400k
Return on contributions (dividend)694-€400k
Social balance
Average headcount (FTE)908725.827.1▲
The notes to these accounts (16 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
27-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Highest result since 2018net €800k ▲102%
Operating result €1.22M, net result €800k, both a record.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
24-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Back to profitnet €117k
Net result €117k after one loss-making year.
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Weakest financial yearnet €-336k ▼295%
Net result drops to €-336k, the lowest in the series; recovery starts the following year.
04-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
14-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
26-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Ternat · 2 establishment units since 1993
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.
Assesteenweg 257-2591740 TernatGround area
1.6 ha
Building footprint
7,915 m²
2 parcels, Flanders. Linked by address, not a title deed.
2 establishment units
Nederenamestraat 122, 9700 Oudenaarde
since 19932.063.474.466
Assesteenweg 257-259, 1740 Ternat
since 19932.063.474.367
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23086A0705/00B000 | Flanders | 9,159 m² | 1 · 3,440 m² | - |
| 45503A0611/00D000 | Flanders | 6,657 m² | 1 · 4,475 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
2022 to 2025 · 5 entries · 51,021 EUR awarded · 36,449 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 588 EUR | 0 EUR |
| 2024 | 1 | 0 EUR | 6,189 EUR |
| 2022 | 1 | 50,433 EUR | 30,260 EUR |
Schemes
Ecologiepremie+
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 site · 1 with a smileyTernat2.063.474.367
Similar companies · same sector, comparable size
KAM YUEN SUPERMARKET
BE 0478.366.089
Brussel · Eq €3.22M
TIGER STORES BELGIUM
BE 0538.592.597
Antwerpen · Eq €3.22M
PARTNERDIS
BE 0600.807.706
Liège · Eq €3.21M
FILUNIC
BE 0412.632.753
Zaventem · Eq €3.22M
HET GROTE GEBOUW
BE 0420.449.171
Lille · Eq €3.20M
Of 10,527 companies in sector 47110 we hold annual accounts for 5,861. 1,081 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded31-03-1993
Fiscal year end30-09
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47114Supermarkets
52114
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.