F.D.S. CONCEPT

Active

Private limited companyfounded 20197 yrs activeAvenue Emile Vandervelde 236, 6200 Châtelet, BelgiumKBO/BCE: BE 0719.804.930

The computed 12-month bankruptcy probability of F.D.S. CONCEPT is 3.3% (moderate). The 2025 annual accounts show negative equity (€-21k) and a net result of €-84k. Equity is growing by ~29.3% per year across the filed fiscal years. Its solvency ranks better than 8% of 7376 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

26 / 100

Weak

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0▼-30

Solvency6▼-58

Growth64▼-21

Track record100

Bankruptcy probability, 12 months

3.3% Moderate

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity tight (current ratio 1.18 against 4.4 in 2024; short-term debt: 70.8% and cash: 33.3% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 41

Relative position

BE, all sectors

reference

Sector 41

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

-18.8%

Return on assets

-75.5%

Age of the figures

9 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

19202122232425

2019 to 2025 · latest year €-21k

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.

NBB · 7 filings

Deviation from the deadline

2025

15 d early

2024

14 d early

2023

54 d early

2022

54 d early

2021

6 d early

2020

53 d early

2019

22 d early

← before the deadline after the deadline →

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 months

Position in the running window

18-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Turnover

€525k▼ 26.8%

2024 · €716k

2019: €214k 2020: €397k 2021: €712k 2022: €576k 2023: €895k 2024: €716k

2019 → 2025

EBIT margin

-14.2%▼ 15.2pp

2024 · 1.0%

2019: -19.1% 2020: 16.1% 2021: 5.3% 2022: 8.4% 2023: 4.4% 2024: 1.0%

2019 → 2025

Net result

€-84k▼ 2,273%

2024 · €-4k

2019: €-42k 2020: €54k 2021: €24k 2022: €25k 2023: €15k 2024: €-4k

2019 → 2025

Working capital

€14k▼ 87.0%

2024 · €110k

2019: €-33k 2020: €21k 2021: €44k 2022: €60k 2023: €148k 2024: €110k

2019 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Turnover€712k-€576k▼ 19.0%€895k▲ 55.4%€716k▼ 20.0%€525k▼ 26.8%

Equity€53k-€78k▲ 46.9%€93k▲ 19.9%€63k▼ 32.0%€-21k

Operating result€38k-€48k▲ 28.2%€39k▼ 19.0%€7k▼ 81.3%€-75k

Net result€24k-€25k▲ 2.1%€15k▼ 37.6%€-4k€-84k▼ 2,273%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2025: a loss of €75k after €7k in 2024, the lowest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €112k

16.3%

83.7%

Fixed assets €18k▼ 10.4%

Current assets €93k▼ 34.7%

Key figures and ratios

2025 value · change against 2024

EBITDA

€-64k▼

2024 · €17k

Cash flow

€-74k▼

2024 · €7k

Solvency

-18.8%▼

2024 · 38.7%

Current ratio

1.18▼

2024 · 4.40

Quick ratio

1.18▼

2024 · 4.08

Debt / equity

-6.31▼

2024 · 1.58

ROA

-75.5%▼

2024 · -2.2%

Interest coverage

-6.80▼

2024 · 1.65

Debt

€133k▲

2024 · €100k

Debt ≤ 1 year

€79k▲

2024 · €33k

Debt > 1 year

€54k▼

2024 · €67k

Income taxes

€253▼

2024 · €392

Staff costs

€39k▲

2024 · €21k

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€163k€112k▼

Fixed assets21/28€20k€18k▼

Tangible fixed assets22/27€19k€17k▼

Plant, machinery and equipment23€10k€12k▲

Furniture and vehicles24€6k€3k▼

Other tangible fixed assets26€3k€3k▼

Financial fixed assets28€1k€1k=

Current assets29/58€143k€93k▼

Stocks and contracts in progress3€10k€0▼

Stocks30/36€10k€0▼

Amounts receivable within one year40/41€43k€49k▲

Trade receivables40€28k€31k▲

Other amounts receivable41€15k€18k▲

Cash at bank and in hand54/58€82k€37k▼

Deferred charges and accrued income490/1€8k€7k▼

Equity and liabilities

Total equity and liabilities10/49€163k€112k▼

Equity10/15€63k€-21k▼

Contributions10/11€17k€17k=

Profit (loss) carried forward14€46k€-38k▼

Amounts payable17/49€100k€133k▲

Amounts payable after more than one year17€67k€54k▼

Financial debts170/4€67k€54k▼

Amounts payable within one year42/48€33k€79k▲

Current portion of amounts payable after more than one year42€14k€15k▲

Trade debts44€3k€37k▲

Suppliers440/4€3k€37k▲

Advances received on contracts in progress46-€8k

Taxes, remuneration and social security45€15k€19k▲

Taxes450/3€12k€13k▲

Remuneration and social security454/9€3k€6k▲

Other amounts payable47/48€0€0=

Accrued charges and deferred income492/3€0-

Income statement Code20242025

Turnover70€716k€525k▼

Goods, raw materials, services and sundry goods60/61€685k€567k▼

Remuneration, social security and pensions62€21k€39k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€11k▲

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€9k€-2k▼

Other operating charges640/8€2k€2k▼

Gross operating margin9900€50k€-25k▼

Operating profit (loss)9901€7k€-75k▼

Financial income75/76B€30€14▼

Recurring financial income75€30€14▼

Financial charges65/66B€11k€9k▼

Recurring financial charges65€11k€9k▼

Profit (loss) for the period before taxes9903€-3k€-84k▼

Income taxes67/77€392€253▼

Profit (loss) for the period9904€-4k€-84k▼

Profit (loss) for the period to be appropriated9905€-4k€-84k▼

Appropriation of the result

Profit (loss) to be appropriated9906€73k€-38k▼

Profit (loss) brought forward from the previous period14P€76k€46k▼

Profit to be distributed694/7€26k-

Return on contributions (dividend)694€26k-

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 11Financial 4Filings 7

Next filing, fiscal year 2026, expected by 31-07-2027

2026

16-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Weakest financial yearnet €-84k

Net result drops to €-84k, the lowest in the series.

17-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

07-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Liquidity doublescurrent ratio 3.78

Current ratio from 1.83 to 3.78; short-term debt falls from €72k to €53k.

07-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

25-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

08-06

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

31-12

Financial Back to profitnet €54k

Net result €54k after one loss-making year.

31-12

Financial Liquidity times 5current ratio 1.47

Current ratio from 0.32 to 1.47; short-term debt falls from €48k to €44k.

09-07

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2021

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

23-08-2021 SUAREZ Y ARESU David: Resigned as Manager

31-07-2020 DUMOULIN Flavio: Resigned as Manager

Location & real-estate footprint

Registered office, Châtelet · 1 establishment unit since 2019

establishment The establishment unit on the map

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.

Avenue Emile Vandervelde 2366200 Châtelet

Ground area

497 m²

Building footprint

571 m²