Skip to content

FAAS

Active
Private limited company (pre-2019)founded 201412 years activeNinoofsesteenweg 219, 1700 Dilbeek, BelgiumKBO/BCE: BE 0546.995.074
Summary

The computed 12-month bankruptcy probability of FAAS is 1.9% (moderate). The annual accounts of FAAS for fiscal year 2025 show a net loss of 51% of total assets and of 70% of the equity at the start of that year. The 2025 annual accounts show equity of €13,381 and a net result of -€30,890. Equity is growing by ~22.1% per year across the filed fiscal years. The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known
Size
€161,162turnover 2025
Equity
€13,381
Loss
-€30,890
Financial health
52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.9%
Structure
Accounts 1 day early0 of 2 deeds read
Why 52- Loss of €30,890 (FY 2025)- No establishment unit in the KBO+ Size: turnover €161,162, total assets €60,438+ Founded in 2014Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 13% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Weak
Solvency 47-41
equity 22.1% of total assets
Liquidity 21-15
short-term debt 77.9% · cash 11.0%
Profitability 0-100
return on assets -51.1%
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 1.9% 12-2024: 1.9%● unchanged vs 11-2024 01-2025: 1.9%● unchanged vs 12-2024highest value 02-2025: 1.5%▼ -0.4 percentage points vs 01-2025 03-2025: 1.5%● unchanged vs 02-2025 04-2025: 1.6%▲ +0.1 percentage points vs 03-2025 05-2025: 1.5%▼ -0.1 percentage points vs 04-2025 06-2025: 1.4%▼ -0.1 percentage points vs 05-2025 07-2025: 1.4%● unchanged vs 06-2025 08-2025: 1.4%● unchanged vs 07-2025 09-2025: 1.4%● unchanged vs 08-2025 10-2025: 1.4%● unchanged vs 09-2025 11-2025: 1.4%● unchanged vs 10-2025 12-2025: 1.1%▼ -0.3 percentage points vs 11-2025lowest value 01-2026: 1.1%● unchanged vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 1.2%▲ +0.1 percentage points vs 02-2026 04-2026: 1.5%▲ +0.3 percentage points vs 03-2026 05-2026: 1.8%▲ +0.3 percentage points vs 04-2026 06-2026: 1.8%● unchanged vs 05-2026 07-2026: 1.8%● unchanged vs 06-2026 08-2026: 1.8%● unchanged vs 07-2026 09-2026: 1.8%● unchanged vs 08-2026 10-2026: 1.9%▲ +0.1 percentage points vs 09-2026
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.28 against 2.74 in 2024; short-term debt: 77.9% and cash: 11% of total assets), and 77.9% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 29% on solvency, 13% on liquidity, 4% on profitability and 7% on growth.

The bankruptcy probability was computed on 07-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Size: turnover €161,162, total assets €60,438
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Loss of €30,890 (FY 2025)
NBB · annual accounts
lowers risk · Founded in 2014
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · No establishment unit in the KBO
KBO · seat and establishments
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
1 day early
2023
on the day
2022
78 days late
2021
39 days early
2020
35 days early
2019
30 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 4 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 29 April (4 of the last 5 filed years within 38 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 close08-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Weakest financial yearnet -€30,890
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Caution: From profit to loss in 2025after €21,403 in 2024 -€30,890 View
  • Turnover 2025first fiscal year filed €161,162 View
  • Active since 2014founded 28-02-2014 12 years View

By topic

Financials

Fiscal year
2025
Turnover
€161,162
Loss
-€30,890
Solvency
22.1%
Go to Financials

Timeline

Events
12
Since
2017
Next accounts
by 30-04-2027
  1. 30-09-2024Highest result since 2019
  2. 30-04-2024Annual accounts filed
  3. 17-07-2023Annual accounts filed
Go to Timeline

Company details

Legal form
Private limited company (pre-2019)
Founded
28-02-2014
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.