F D S
ActiveSummary
The computed 12-month bankruptcy probability of F D S is 1.6% (moderate). The 2025 annual accounts show negative equity (-€28,154) and a net result of -€7,545. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 28184 sector peers (fiscal year 2025). The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 7 accounts on average 68 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 6,640 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,640 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €40,491 | €66,283 | €33,323 | - | - | - |
| Non-recurring operating income76A | - | - | - | €20,000 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,004 | €10,004 | €10,004 | - | - | - |
| Other operating charges640/8 | - | €608 | €916 | €1,757 | €1,022 | ▼ 41.8% |
| Gross operating margin9900 | €11,056 | €27,435 | €2,160 | €26,601 | -€5,309 | ▼ 120% |
| Operating profit (loss)9901 | -€2,925 | €16,823 | -€8,760 | €24,844 | -€6,331 | ▼ 125% |
| Financial income75/76B | - | - | - | - | €1 | - |
| Recurring financial income75 | - | - | - | - | €1 | - |
| Financial charges65/66B | - | €2,256 | €3,482 | €2,332 | €1,215 | ▼ 47.9% |
| Recurring financial charges65 | €3,805 | €2,256 | €3,482 | €2,332 | €1,215 | ▼ 47.9% |
| Profit (loss) for the period before taxes9903 | -€6,730 | €14,567 | -€12,242 | €22,512 | -€7,545 | ▼ 134% |
| Profit (loss) for the period9904 | -€6,730 | €14,567 | -€12,242 | €22,512 | -€7,545 | ▼ 134% |
| Profit (loss) for the period to be appropriated9905 | -€6,730 | €14,567 | -€12,242 | €22,512 | -€7,545 | ▼ 134% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €21,851 | €35,556 | €4,057 | €6,276 | €2,788 | ▼ 55.6% |
| Fixed assets21/28 | €20,008 | €10,004 | - | - | - | - |
| Tangible fixed assets22/27 | €20,008 | €10,004 | - | - | - | - |
| Furniture and vehicles24 | - | €4,198 | - | - | - | - |
| Leasing and similar rights25 | - | €5,086 | - | - | - | - |
| Other tangible fixed assets26 | - | €720 | - | - | - | - |
| Current assets29/58 | €1,843 | €25,552 | €4,057 | €6,276 | €2,788 | ▼ 55.6% |
| Amounts receivable within one year40/41 | €1,388 | €25,118 | €4,042 | €5,047 | €505 | ▼ 90.0% |
| Trade receivables40 | - | €23,250 | €3,261 | €3,478 | - | - |
| Other amounts receivable41 | - | €1,868 | €781 | €1,569 | €505 | ▼ 67.8% |
| Cash at bank and in hand54/58 | €455 | €434 | €15 | €1,229 | €1,231 | ▲ 0.2% |
| Deferred charges and accrued income490/1 | - | - | - | - | €1,052 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €21,851 | €35,556 | €4,057 | €6,276 | €2,788 | ▼ 55.6% |
| Equity10/15 | -€45,446 | -€30,879 | -€43,121 | -€20,609 | -€28,154 | ▼ 36.6% |
| Contributions10/11 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Profit (loss) carried forward14 | -€64,038 | -€49,471 | -€61,713 | -€39,201 | -€46,746 | ▼ 19.2% |
| Amounts payable17/49 | €67,297 | €66,435 | €47,178 | €26,885 | €30,942 | ▲ 15.1% |
| Amounts payable after more than one year17 | €26,142 | €18,585 | €12,395 | €12,395 | - | - |
| Financial debts170/4 | - | €18,585 | €12,395 | €12,395 | - | - |
| Amounts payable within one year42/48 | €41,155 | €47,850 | €34,783 | €14,490 | €30,942 | ▲ 114% |
| Current portion of amounts payable after more than one year42 | - | €7,558 | €6,190 | - | - | - |
| Financial debts43 | - | €15,703 | €15,446 | - | €11,918 | - |
| Credit institutions430/8 | - | €15,703 | €15,446 | - | €11,918 | - |
| Trade debts44 | €5,290 | €13,050 | €5,875 | €8,437 | €1,097 | ▼ 87.0% |
| Suppliers440/4 | - | €13,050 | €5,875 | €8,437 | €1,097 | ▼ 87.0% |
| Other amounts payable47/48 | - | €11,539 | €7,272 | €6,053 | €17,927 | ▲ 196% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,730 | €14,567 | -€12,242 | €22,512 | -€7,545 | ▼ 134% |
| + Depreciation and write-downs630 | €10,004 | €10,004 | €10,004 | - | - | - |
| Operating cash flow (approximation) | €3,274 | €24,571 | -€2,238 | €22,512 | -€7,545 | ▼ 134% |
| Investment in fixed assets (approximation) | - | €0 | - | - | - | - |
| Change in cash | - | -€21 | -€419 | €1,214 | €2 | ▼ 99.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23402E0009/00E000 | Flanders | 1,343 m² | 1 · 368 m² | 12.7 m · 2 fl. |
Linked by address, not proof of ownership
Similar companies · same sector and region
Identification & contact
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Register as of 27 September 2026 · Peppol Directory
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