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FA.BE

Active
Private limited companyfounded 20242 yrs activeEikelaarstraat 23, 3600 Genk, BelgiumKBO/BCE: BE 1011.847.382
Summary

The computed 12-month bankruptcy probability of FA.BE is 4.6% (elevated). The 2025 annual accounts show negative equity (-€133,480) and a net result of -€158,480. Its solvency ranks better than 7% of 1880 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability0
Solvency5
Growth-
Track record67
Bankruptcy probability, 12 months
4.6% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.25; short-term debt: 38.1% and cash: 22.3% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · 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
-19.5%
Return on assets
-23.2%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-07-2026, 21 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
21 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · 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

History

FA.BE was incorporated on 23 July 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
-€133,480
Total assets
€684,449
Net result
-€158,480
Working capital
€65,714

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

Balance-sheet composition
Assets €680,021
Fixed assets €353,421
Current assets €326,599
Key figures and ratios
2025 value
EBITDA
-€123,923
Cash flow
-€135,808
Solvency
-19.5%
Current ratio
1.25
Debt to equity
-6.13
ROA
-23.2%
Interest coverage
-10.56
Debt
€817,929
Debt ≤ 1 year
€260,885
Debt > 1 year
€555,667
Income taxes
€150
Staff costs
€394,908

Peer companies

Historical observation

Of the 7,663 companies that looked in July 2024 the way this one looks now, 8.2% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.2% went bankrupt
5.4% stopped otherwise
84% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 4.6% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 7,663 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 45 lines
Balance sheet Code2025
Assets
Total assets20/58€684,449
Formation expenses20€4,428
Fixed assets21/28€353,421
Tangible fixed assets22/27€352,771
Plant, machinery and equipment23€17,826
Furniture and vehicles24€1,224
Leasing and similar rights25€333,721
Financial fixed assets28€650
Current assets29/58€326,599
Amounts receivable within one year40/41€144,312
Trade receivables40€142,336
Other amounts receivable41€1,975
Cash at bank and in hand54/58€152,903
Deferred charges and accrued income490/1€29,385
Equity and liabilities
Total equity and liabilities10/49€684,449
Equity10/15-€133,480
Contributions10/11€25,000
Profit (loss) carried forward14-€158,480
Amounts payable17/49€817,929
Amounts payable after more than one year17€555,667
Financial debts170/4€286,279
Trade debts175€269,388
Amounts payable within one year42/48€260,885
Current portion of amounts payable after more than one year42€65,745
Trade debts44€74,215
Suppliers440/4€74,215
Taxes, remuneration and social security45€120,925
Taxes450/3€44,419
Remuneration and social security454/9€76,505
Accrued charges and deferred income492/3€1,376
Income statement Code2025
Remuneration, social security and pensions62€394,908
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22,671
Other operating charges640/8€2,656
Gross operating margin9900€273,640
Operating profit (loss)9901-€146,595
Financial income75/76B€2
Recurring financial income75€2
Financial charges65/66B€11,737
Recurring financial charges65€11,737
Profit (loss) for the period before taxes9903-€158,330
Income taxes67/77€150
Profit (loss) for the period9904-€158,480
Profit (loss) for the period to be appropriated9905-€158,480
Appropriation of the result
Profit (loss) to be appropriated9906-€158,480
Social balance
Average headcount (FTE)90873.6

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€394,908
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22,671
Other operating charges640/8€2,656
Gross operating margin9900€273,640
Operating profit (loss)9901-€146,595
Financial income75/76B€2
Recurring financial income75€2
Financial charges65/66B€11,737
Recurring financial charges65€11,737
Profit (loss) for the period before taxes9903-€158,330
Income taxes67/77€150
Profit (loss) for the period9904-€158,480
Profit (loss) for the period to be appropriated9905-€158,480
Line2025
Assets
Total assets20/58€684,449
Formation expenses20€4,428
Fixed assets21/28€353,421
Tangible fixed assets22/27€352,771
Plant, machinery and equipment23€17,826
Furniture and vehicles24€1,224
Leasing and similar rights25€333,721
Financial fixed assets28€650
Current assets29/58€326,599
Amounts receivable within one year40/41€144,312
Trade receivables40€142,336
Other amounts receivable41€1,975
Cash at bank and in hand54/58€152,903
Deferred charges and accrued income490/1€29,385
Equity and liabilities
Total equity and liabilities10/49€684,449
Equity10/15-€133,480
Contributions10/11€25,000
Profit (loss) carried forward14-€158,480
Amounts payable17/49€817,929
Amounts payable after more than one year17€555,667
Financial debts170/4€286,279
Trade debts175€269,388
Amounts payable within one year42/48€260,885
Current portion of amounts payable after more than one year42€65,745
Trade debts44€74,215
Suppliers440/4€74,215
Taxes, remuneration and social security45€120,925
Taxes450/3€44,419
Remuneration and social security454/9€76,505
Accrued charges and deferred income492/3€1,376
Line2025
Profit (loss) for the period9904-€158,480
+ Depreciation and write-downs630€22,671
Operating cash flow (approximation)-€135,808

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
10-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
NBB filing
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, Genk · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
9,859 m²
Building footprint
1,993 m²
Volume, LiDAR
16,676 m³
Parcel 71304E0660/00F000, Flanders · tallest building 12.2 m, ±3 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
FA.BE
Eikelaarstraat 23, 3600 GenkFreight transport by road
since 20242.362.760.642
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71304E0660/00F000 Flanders 9,859 m² 1 · 1,993 m² 12.2 m · 3 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.

Similar companies · same sector, comparable size

Of 12,584 companies in sector 49410 we hold annual accounts for 8,199. 2,308 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded23-07-2024
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
E-invoicing
Reachable via Peppol
Peppol ID 0208:1011847382
Also 9925:BE1011847382
Registered 04-11-2024

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.