F3CTech
ActiveSummary
The computed 12-month bankruptcy probability of F3CTech is 2.3% (moderate). The 2025 annual accounts show equity of €7,939 and a net result of €4,076. Equity has been growing by about 55% per year since 2023. Its solvency ranks better than 18% of 5,686 sector peers (NACE 81, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 19-12-2022 Normal situation
- Activity
- Landscape service activities NACE 81300and 1 other
- Establishment unit
- 2.340.283.564 6941 Durbuy, since 01-01-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 21-01-2026
Board and ownership
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.3%
- Gross margin
- €12,877
- ▲ 135%
- Turnover
- ≈ €99,000
- estimated
- Profit
- €4,076
- ▲ 30×
- Equity
- €7,939
- ▲ 106%
- Total assets
- €83,664
- ▼ 0.8%
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskFounded in 2022Last filed accounts filed 31 days late; 1 of the last 3 accounts lateEquity €7,939 (9.5% of total assets)lowers riskLiquidity: current ratio 0.32, cash €18,023, halvedShow the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 81, micro). It does better than 17% of them on solvency, 18% on liquidity, 47% on profitability and 91% on growth.
The bankruptcy probability was computed on 03-11-2026 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
The company filed its last 3 accounts on average 10 days before the deadline. In the sector (NACE 81), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00496420.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 3 filings
Every figure per financial year
The operating result for 2025 is nearly 20 times that of 2024 and the highest since 2023. It is a recovery after the fall in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €33,832 | €18,000 | €24,500 |
| Depreciation and write-downs of the year | €5,581 | €4,810 | €7,355 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,581 | €4,810 | €7,355 | ▲ 52.9% |
| Other operating charges640/8 | €16 | €416 | €431 | ▲ 3.5% |
| Gross operating margin9900 | €8,847 | €5,482 | €12,877 | ▲ 135% |
| Operating profit (loss)9901 | €3,250 | €256 | €5,092 | ▲ 20× |
| Financial income75/76B | - | - | €0 | - |
| Recurring financial income75 | - | - | €0 | - |
| Financial charges65/66B | €58 | €74 | €84 | ▲ 13.5% |
| Recurring financial charges65 | €58 | €74 | €84 | ▲ 13.5% |
| Profit (loss) for the period before taxes9903 | €3,192 | €182 | €5,008 | ▲ 28× |
| Income taxes67/77 | €966 | €45 | €932 | ▲ 21× |
| Profit (loss) for the period9904 | €2,226 | €137 | €4,076 | ▲ 30× |
| Profit (loss) for the period to be appropriated9905 | €2,226 | €137 | €4,076 | ▲ 30× |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €37,291 | €84,312 | €83,664 | ▼ 0.8% |
| Formation expenses20 | €839 | €629 | €420 | ▼ 33.3% |
| Fixed assets21/28 | €28,461 | €41,860 | €59,215 | ▲ 41.5% |
| Tangible fixed assets22/27 | €28,461 | €41,860 | €59,215 | ▲ 41.5% |
| Land and buildings22 | €25,000 | €25,000 | €25,000 | = |
| Plant, machinery and equipment23 | €2,532 | €16,431 | €34,215 | ▲ 108% |
| Furniture and vehicles24 | €929 | €429 | - | - |
| Current assets29/58 | €7,991 | €41,823 | €24,030 | ▼ 42.5% |
| Amounts receivable within one year40/41 | €3,290 | €3,536 | €4,893 | ▲ 38.4% |
| Trade receivables40 | €2,645 | €2,817 | €4,893 | ▲ 73.7% |
| Other amounts receivable41 | €645 | €719 | - | - |
| Cash at bank and in hand54/58 | €3,836 | €37,197 | €18,023 | ▼ 51.5% |
| Deferred charges and accrued income490/1 | €865 | €1,090 | €1,113 | ▲ 2.1% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €37,291 | €84,312 | €83,664 | ▼ 0.8% |
| Equity10/15 | €3,726 | €3,863 | €7,939 | ▲ 106% |
| Contributions10/11 | €1,500 | €1,500 | €1,500 | = |
| Reserves13 | €2,200 | €2,200 | €2,200 | = |
| Distributable reserves133 | €2,200 | €2,200 | €2,200 | = |
| Profit (loss) carried forward14 | €26 | €163 | €4,239 | ▲ 26× |
| Amounts payable17/49 | €33,565 | €80,449 | €75,725 | ▼ 5.9% |
| Amounts payable within one year42/48 | €33,565 | €80,449 | €75,725 | ▼ 5.9% |
| Trade debts44 | €206 | €2,168 | €426 | ▼ 80.4% |
| Suppliers440/4 | €206 | €2,168 | €426 | ▼ 80.4% |
| Taxes, remuneration and social security45 | €966 | €46 | €1,144 | ▲ 25× |
| Taxes450/3 | €966 | €46 | €1,144 | ▲ 25× |
| Other amounts payable47/48 | €32,393 | €78,235 | €74,155 | ▼ 5.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,226 | €137 | €4,076 | ▲ 30× |
| + Depreciation and write-downs630 | €5,581 | €4,810 | €7,355 | ▲ 52.9% |
| Operating cash flow (approximation) | €7,807 | €4,947 | €11,432 | ▲ 131% |
| Investment in fixed assets (approximation) | - | -€18,209 | -€24,710 | ▼ 35.7% |
| Change in cash | - | €33,361 | -€19,174 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,135 companies had the same profile as F3CTech has now. Two years later, 92.0% were still going and 5.2% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency under 10%
- a profit under 5% of the balance sheet
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of F3CTech itself: 2.3% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,135 companies, not a prediction for F3CTech. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Owners and capital
Shareholders
- MARTIN Frédéric Jean Ernest Ghislain 50 shares (50%)
- NINANE Catherine Béatrice Madeleine Robert 50 shares (50%)
Capital transactions
- 21-12-2022 Incorporation · €1,500 · 100 shares
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| MARTIN Frédéric Jean Ernest Ghislain |
|
| NINANE Catherine Béatrice Madeleine Robert |
|
Articles of association
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 21-12-2022 (in French)
Network & group
F3CTech shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of F3CTech. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
21-12
Gazette deed
IncorporationStarting capital €1,500 · Appointments: MARTIN Frédéric Jean Ernest Ghislain (administrateur non statutaire) and NINANE Catherine Béatrice Madeleine Robert (administrateur non statutaire) · Registered office clause · Founder13 points ▸
- Other provision, “effectivité des dispositions temporaires, à l'unanimité par les comparants” (deed in French)
- Registered office clause, “6941 Durbuy (Tohogne),Rue Christophe Théate,4, à l'unanimité” (deed in French)
- Director appointment, MARTIN Frédéric Jean Ernest Ghislain (administrateur non statutaire)
- Director appointment, NINANE Catherine Béatrice Madeleine Robert (administrateur non statutaire)
- Founder, MARTIN Frédéric Jean Ernest Ghislain
- Founder, NINANE Catherine Béatrice Madeleine Robert
- Incorporation, “F3CTech” (deed in French)
- Founding capital, €1,500
- Bank account, “CRELAN, sociétéenformation” (deed in French)
- Other provision, “planfinancieretresponsabilitédesfondateurs, avantconstitutionaufondateursaunotaire” (deed in French)
- Declaration, “attestationbancairededépôt, aunotairesoussigné” (deed in French)
- Capital
- The act holds 1 more point.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
13 activities
- Entretien et réparation de matériel agricole,génie civil,parcs et jardins
- Travaux de soudure:fabrication,montage et réparation
- Intermédiaire du commerce:vente et distribution de matériel,équipements industriels,équipements automobiles
- Fabrication de machines,matériel,équipements divers
- Location de matériel,équipements agricoles et de construction
- Travaux de terrassement,d’aménagement paysagers,d’assainissement,de voirie,de préparation de sites
- Activités de soutien aux entreprises
- Toute activité de nettoyage
- Exploitation forestière,travaux agricoles et horticoles divers
- Conseil pour les affaires et autres conseils de gestion
- Services administratifs combiné de bureau
- Entreposage et stockage
- Location et exploitation de biens immobiliers résidentiels et non-résidentiels
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 83050C1595/00F000 | Wallonia | 907 m² | 1 · 137 m² | 8.2 m · 2 |