F.V. CONSULT
ActiveSummary
F.V. CONSULT has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €972k and a net result of €-56k. Equity is growing by ~26.1% per year across the filed fiscal years. Its solvency ranks better than 82% of 1648 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability13▼-87
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 10.57 against 12.92 in 2024; short-term debt: 7% and cash: 31.3% of total assets), and 19.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers 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
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
80.3%
Return on assets
-4.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
31 d late
2023
31 d late
2022
59 d early
2021
65 d early
2020
47 d early
2019
37 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · 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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€972k▼ 5.4%
2024 · €1.03M
2018: €201klowest in 8 years
2019: €256k▲ +27.4% vs 2018
2020: €441k▲ +71.8% vs 2019
2021: €420k▼ -4.8% vs 2020
2022: €398k▼ -5.1% vs 2021
2023: €660k▲ +65.9% vs 2022
2024: €1.03M▲ +55.6% vs 2023highest in 8 years
2025: €972k▼ -5.4% vs 2024
2018 → 2025
Total assets
€1.21M▼ 10.2%
2024 · €1.35M
2018: €710klowest in 8 years
2019: €950k▲ +33.7% vs 2018
2020: €830k▼ -12.6% vs 2019
2021: €783k▼ -5.7% vs 2020
2022: €731k▼ -6.6% vs 2021
2023: €946k▲ +29.5% vs 2022
2024: €1.35M▲ +42.3% vs 2023highest in 8 years
2025: €1.21M▼ -10.2% vs 2024
2018 → 2025
Net result
€-56k
2024 · €367k
2018: €-49k
2019: €55k▲ +212% vs 2018
2020: €184k▲ +234% vs 2019
2021: €-21k▼ -111% vs 2020
2022: €-22k▼ -3.1% vs 2021
2023: €262k▲ +1314% vs 2022
2024: €367k▲ +39.9% vs 2023highest in 8 years
2025: €-56k▼ -115% vs 2024lowest in 8 years
2018 → 2025
Working capital
€808k▼ 17.7%
2024 · €981k
2018: €-263klowest in 8 years
2019: €-190k▲ +28.0% vs 2018
2020: €13k▲ +107% vs 2019
2021: €12k▼ -8.9% vs 2020
2022: €1k▼ -90.5% vs 2021
2023: €270k▲ +23663% vs 2022
2024: €981k▲ +264% vs 2023highest in 8 years
2025: €808k▼ -17.7% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€420k-€398k▼ 5.1%€660k▲ 65.9%€1.03M▲ 55.6%€972k▼ 5.4%
2021: €420k
2022: €398k▼ -5.1% vs 2021lowest in 5 years
2023: €660k▲ +65.9% vs 2022
2024: €1.03M▲ +55.6% vs 2023highest in 5 years
2025: €972k▼ -5.4% vs 2024
Operating result€-22k-€-22k▼ 3.2%€306k€509k▲ 66.1%€-65k
2021: €-22k
2022: €-22k▼ -3.2% vs 2021
2023: €306k▲ +1472% vs 2022
2024: €509k▲ +66.1% vs 2023highest in 5 years
2025: €-65k▼ -113% vs 2024lowest in 5 years
Net result€-21k-€-22k▼ 3.1%€262k€367k▲ 39.9%€-56k
2021: €-21k
2022: €-22k▼ -3.1% vs 2021
2023: €262k▲ +1314% vs 2022
2024: €367k▲ +39.9% vs 2023highest in 5 years
2025: €-56k▼ -115% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €65k after €509k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.21M
Fixed assets
€317k ▲ 12.1%
Current assets
€892k ▼ 16.1%
Equity and liabilities €1.21M
Equity
€972k ▼ 5.4%
Provisions
€13k ▼ 9.4%
Debt
€224k ▼ 26.2%
Debt's share of the balance-sheet total falls from 22.6% to 18.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-39k▼
2024 · €530k
Cash flow
€-30k▼
2024 · €388k
Current ratio
10.57▼
2024 · 12.92
Debt to equity
0.23▼
2024 · 0.30
ROE
-5.8%▼
2024 · 35.7%
ROA
-4.6%▼
2024 · 27.3%
Interest coverage
-82.17▼
2024 · 713.10
Debt ≤ 1 year
€84k▲
2024 · €82k
Debt > 1 year
€140k▼
2024 · €220k
Income taxes
€179▼
2024 · €143k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.35M€1.21M▼
Fixed assets21/28€283k€317k▲
Tangible fixed assets22/27€212k€246k▲
Land and buildings22€190k€173k▼
Plant, machinery and equipment23€20k€62k▲
Furniture and vehicles24€1k€2k▲
Other tangible fixed assets26-€9k
Financial fixed assets28€71k€71k=
Current assets29/58€1.06M€892k▼
Amounts receivable within one year40/41€31k€12k▼
Trade receivables40€900-
Other amounts receivable41€30k€12k▼
Current investments50/53-€500k
Cash at bank and in hand54/58€1.03M€378k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€1.35M€1.21M▼
Equity10/15€1.03M€972k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€56k€53k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€29k€26k▼
Distributable reserves133€20k€20k=
Profit (loss) carried forward14€910k€857k▼
Provisions and deferred taxes16€15k€13k▼
Deferred taxes168€15k€13k▼
Amounts payable17/49€304k€224k▼
Amounts payable after more than one year17€220k€140k▼
Financial debts170/4€220k€140k▼
Amounts payable within one year42/48€82k€84k▲
Trade debts44€5k€82k▲
Suppliers440/4€5k€82k▲
Taxes, remuneration and social security45€78k-
Taxes450/3€78k-
Other amounts payable47/48-€2k
Accrued charges and deferred income492/3€2k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€26k▲
Other operating charges640/8€10k€6k▼
Non-recurring operating charges66A€62-
Gross operating margin9900€539k€-34k▼
Operating profit (loss)9901€509k€-65k▼
Financial income75/76B€547€8k▲
Recurring financial income75€547€8k▲
Financial charges65/66B€743€478▼
Recurring financial charges65€743€478▼
Profit (loss) for the period before taxes9903€508k€-57k▼
Transfer from deferred taxes780€1k€1k=
Income taxes67/77€143k€179▼
Profit (loss) for the period9904€367k€-56k▼
Transfer from tax-exempt reserves789€3k€3k=
Profit (loss) for the period to be appropriated9905€370k€-53k▼
Appropriation of the result
Profit (loss) to be appropriated9906€910k€857k▼
Profit (loss) brought forward from the previous period14P€540k€910k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20k | €19k | €20k | €21k | €26k | ▲ 20.4% |
| Other operating charges640/8 | €5k | €5k | €6k | €10k | €6k | ▼ 41.9% |
| Non-recurring operating charges66A | - | - | - | €62 | - | - |
| Gross operating margin9900 | €3k | €2k | €332k | €539k | €-34k | ▼ 106% |
| Operating profit (loss)9901 | €-22k | €-22k | €306k | €509k | €-65k | ▼ 113% |
| Financial income75/76B | - | €0 | €24 | €547 | €8k | ▲ 1,410% |
| Recurring financial income75 | - | €0 | €24 | €547 | €8k | ▲ 1,410% |
| Financial charges65/66B | €651 | €615 | €2k | €743 | €478 | ▼ 35.6% |
| Recurring financial charges65 | €651 | €615 | €2k | €743 | €478 | ▼ 35.6% |
| Profit (loss) for the period before taxes9903 | €-22k | €-23k | €304k | €508k | €-57k | ▼ 111% |
| Transfer from deferred taxes780 | €1k | €1k | €1k | €1k | €1k | = |
| Income taxes67/77 | €62 | €62 | €43k | €143k | €179 | ▼ 99.9% |
| Profit (loss) for the period9904 | €-21k | €-22k | €262k | €367k | €-56k | ▼ 115% |
| Transfer from tax-exempt reserves789 | €3k | €3k | €3k | €3k | €3k | = |
| Profit (loss) for the period to be appropriated9905 | €-18k | €-19k | €265k | €370k | €-53k | ▼ 114% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €783k | €731k | €946k | €1.35M | €1.21M | ▼ 10.2% |
| Fixed assets21/28 | €646k | €634k | €627k | €283k | €317k | ▲ 12.1% |
| Tangible fixed assets22/27 | €575k | €563k | €555k | €212k | €246k | ▲ 16.1% |
| Land and buildings22 | €572k | €554k | €537k | €190k | €173k | ▼ 9.2% |
| Plant, machinery and equipment23 | €4k | €9k | €17k | €20k | €62k | ▲ 209% |
| Furniture and vehicles24 | - | - | €2k | €1k | €2k | ▲ 57.0% |
| Other tangible fixed assets26 | - | - | - | - | €9k | - |
| Financial fixed assets28 | €71k | €71k | €71k | €71k | €71k | = |
| Current assets29/58 | €136k | €97k | €320k | €1.06M | €892k | ▼ 16.1% |
| Amounts receivable within one year40/41 | €6k | €7k | €900 | €31k | €12k | ▼ 60.3% |
| Trade receivables40 | €2k | €900 | €900 | €900 | - | - |
| Other amounts receivable41 | €4k | €7k | - | €30k | €12k | ▼ 59.2% |
| Current investments50/53 | - | - | - | - | €500k | - |
| Cash at bank and in hand54/58 | €129k | €88k | €316k | €1.03M | €378k | ▼ 63.3% |
| Deferred charges and accrued income490/1 | €1k | €1k | €3k | €2k | €2k | ▲ 12.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €783k | €731k | €946k | €1.35M | €1.21M | ▼ 10.2% |
| Equity10/15 | €420k | €398k | €660k | €1.03M | €972k | ▼ 5.4% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | €62k | €62k | €62k | €62k | €62k | = |
| Issued capital100 | €62k | €62k | €62k | €62k | €62k | = |
| Reserves13 | €64k | €61k | €58k | €56k | €53k | ▼ 4.8% |
| Non-distributable reserves130/1 | €6k | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | €6k | €6k | €6k | €6k | €6k | = |
| Tax-exempt reserves132 | €37k | €34k | €32k | €29k | €26k | ▼ 9.2% |
| Distributable reserves133 | €20k | €20k | €20k | €20k | €20k | = |
| Profit (loss) carried forward14 | €294k | €275k | €540k | €910k | €857k | ▼ 5.8% |
| Provisions and deferred taxes16 | €19k | €17k | €16k | €15k | €13k | ▼ 9.4% |
| Deferred taxes168 | €19k | €17k | €16k | €15k | €13k | ▼ 9.4% |
| Amounts payable17/49 | €344k | €315k | €270k | €304k | €224k | ▼ 26.2% |
| Amounts payable after more than one year17 | €220k | €220k | €220k | €220k | €140k | ▼ 36.4% |
| Financial debts170/4 | €220k | €220k | €220k | €220k | €140k | ▼ 36.4% |
| Amounts payable within one year42/48 | €124k | €95k | €50k | €82k | €84k | ▲ 2.6% |
| Trade debts44 | €4k | €5k | €13k | €5k | €82k | ▲ 1,677% |
| Suppliers440/4 | €4k | €5k | €13k | €5k | €82k | ▲ 1,677% |
| Taxes, remuneration and social security45 | €62 | €62 | €9k | €78k | - | - |
| Taxes450/3 | €62 | €62 | €9k | €78k | - | - |
| Other amounts payable47/48 | €120k | €90k | €28k | - | €2k | - |
| Accrued charges and deferred income492/3 | - | - | - | €2k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-21k | €-22k | €262k | €367k | €-56k | ▼ 115% |
| + Depreciation and write-downs630 | €20k | €19k | €20k | €21k | €26k | ▲ 20.4% |
| Operating cash flow (approximation) | €-927 | €-3k | €282k | €388k | €-30k | ▼ 108% |
| Investment in fixed assets (approximation) | - | €-7k | €-12k | €322k | €-60k | ▼ 119% |
| Change in cash | - | €-41k | €228k | €715k | €-653k | ▼ 191% |
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-56k
Net result drops to €-56k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Highest result since 2018net €367k ▲39.9%
Operating result €509k, net result €367k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 12.92
Current ratio from 6.40 to 12.92.
31-12
Financial
Equity above €1MEq €1.03M ▲55.6%
2 profitable years in a row build equity to €1.03M.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Back to profitnet €262k
Net result €262k after 2 loss-making years.
31-12
Financial
Liquidity times 6current ratio 6.40
Current ratio from 1.01 to 6.40; short-term debt falls from €95k to €50k.
31-12
Financial
Equity above €500kEq €660k ▲65.9%
Equity rises from €398k to €660k.
02-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Show earlier events
2021
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €55k
Net result €55k after one loss-making year.
05-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
23-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-05
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.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Dilbeek · 1 establishment unit since 1991
Ground area
1,176 m²
Building footprint
204 m²
Volume, LiDAR
952 m³
Parcel 23016E0327/00M000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
F.V. CONSULT
since 19912.052.248.596
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23016E0327/00M000 | Flanders | 1,175 m² | 1 · 204 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,712 companies in sector 73200 we hold annual accounts for 1,782. 1,102 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded01-03-1991
Fiscal year end31-12
Activities, NACEBEL 2025
73200Market research and public opinion polling
Scores and ratios are computed by Checked and are not a credit decision.