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F.T.O. SERVICES

Active
Private limited companyfounded 2007active for 19 yearsHamoirlaan 19b, 1180 Ukkel, BelgiumKBO/BCE: BE 0888.439.727

From the official registers: KBO 17 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

F.T.O. SERVICES has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€83,444) and a net result of -€31,866. Equity has been shrinking by about 44% per year since 2019. Its solvency ranks better than 5% of 660 sector peers (NACE 16, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Overview

Official details

KBO
Status
Active since 02-04-2007 Normal situation
Activity
Manufacture of other wood products NACE 16281and 5 others
Establishment unit
2.162.154.150 1180 Ukkel, since 02-04-2007
Financial year end
30 June
Peppol
Reachable since 21-12-2025

Board and ownership

Board

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.4%
Annual accounts to 30-06-2025
Gross margin
-€28,421
▲ 17.3%
Loss
€31,866
▼ 14.7%
Equity
-€83,444
▼ 61.8%
Total assets
€40,220
▼ 74.9%
Turnover not published (micro format)
Filed on 01-02-2026, 1 day after the deadlinePDF
Score breakdownraises riskCapped at 59: negative equityLoss of €31,866, the second in a row (financial year 2025)Negative equity -€83,444lowers riskSize: total assets €40,220Founded in 2007Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 10% of micro companies in wood and cork (NACE 16)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0=
equity -207.5% of total assets
Liquidity 36+16
short-term debt 307.5% · cash 28.9%
Profitability 0=
return on assets -79.2%
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (1,032 companies, NACE 16, micro)
Last 24 months 11-2024: 1.5% 12-2024: 1.5%● unchanged vs 11-2024 01-2025: 1.6%▲ +0.1 percentage points vs 12-2024 02-2025: 1.5%▼ -0.1 percentage points vs 01-2025 03-2025: 1.5%● unchanged vs 02-2025 04-2025: 1.5%● unchanged vs 03-2025 05-2025: 1.5%● unchanged vs 04-2025 06-2025: 1.5%● unchanged vs 05-2025 07-2025: 1.5%● unchanged vs 06-2025 08-2025: 1.5%● unchanged vs 07-2025 09-2025: 1.5%● unchanged vs 08-2025 10-2025: 1.5%● unchanged vs 09-2025 11-2025: 1.4%▼ -0.1 percentage points vs 10-2025 12-2025: 1.3%▼ -0.1 percentage points vs 11-2025lowest value 01-2026: 1.5%▲ +0.2 percentage points vs 12-2025 02-2026: 1.8%▲ +0.3 percentage points vs 01-2026highest value 03-2026: 1.5%▼ -0.3 percentage points vs 02-2026 04-2026: 1.5%● unchanged vs 03-2026 05-2026: 1.5%● unchanged vs 04-2026 06-2026: 1.5%● unchanged vs 05-2026 07-2026: 1.5%● unchanged vs 06-2026 08-2026: 1.5%● unchanged vs 07-2026 09-2026: 1.4%▼ -0.1 percentage points vs 08-2026 10-2026: 1.4%● unchanged vs 09-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.19 (0.21 in 2024), below 1. Short-term debt is 307.5% and cash 28.9% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 16, micro). It does better than 4% of them on solvency, 26% on liquidity, 4% on profitability and 7% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €40,220
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €31,866, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Negative equity -€83,444
NBB · annual accounts
lowers risk · Founded in 2007
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 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 -€83,444
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 01-02-2026, 1 day late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
1 day late
2024
3 days early
2023
2 days early
2022
42 days early
2021
47 days early
2020
3 days early
2019
39 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 19 days before the deadline. In the sector (NACE 16), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 28 January (4 of the last 5 accounts filed within 39 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end01-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€83,444 View
  • Risk: 6 loss-making years in a rowloss in financial year 2025 -€31,866 View
  • Caution: Lower solvency than 95% of companies in wood and corksector median 40.7% · 660 companies -207.5% View

Comparable companies

These companies have the same main activity as F.T.O. SERVICES: manufacture of other wood products (NACE 16281). They are comparable in size and age: total assets between €21,200 and €114,000, founded between 1989 and 2010.

CompanyTotal assetsGross margin
F.T.O. SERVICES Ukkel€40,220-€28,421
NEW ART CADRE Jette€28,030-€1,486
GREEN LOTUS Fosses-la-Ville€23,982€1,669
COSY HOME Brugge€54,227-€2,686
BELCOFORT Turnhout€114,319-€6,432
R. SOEN EN ZOON Anzegem€77,712-€9,559
CADRES ET HOME Couvin€21,151-€4,712
Full comparison

Documents

Annual accounts at the NBB

All 17 annual accounts

Articles and registers

Key facts about F.T.O. SERVICES

What is the company number of F.T.O. SERVICES?
The company number of F.T.O. SERVICES is 0888.439.727. The VAT number is the same number with BE in front: BE 0888.439.727.
Where is F.T.O. SERVICES based?
The registered office is at Hamoirlaan 19b, 1180 Ukkel.Company details
What does F.T.O. SERVICES do?
According to the KBO register, the main activity is manufacture of other wood products (NACE 16281).
What is the legal form of F.T.O. SERVICES?
The legal form of F.T.O. SERVICES is Private limited company (BV).
When was F.T.O. SERVICES founded?
F.T.O. SERVICES was founded on 02-04-2007.
Is F.T.O. SERVICES still active?
Yes, F.T.O. SERVICES is an active enterprise in the KBO register.
What is the turnover of F.T.O. SERVICES?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is F.T.O. SERVICES profitable?
In financial year 2025, F.T.O. SERVICES made a loss of €31,866.
Where can I find the annual accounts of F.T.O. SERVICES?
F.T.O. SERVICES filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of F.T.O. SERVICES due?
F.T.O. SERVICES must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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