FABA
ActiveFABA has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €592k and a net result of €135k. Equity is growing by ~34.3% per year across the filed fiscal years. Its solvency ranks better than 30% of 8636 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-5
Solvency54▼-8
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity short (current ratio 0.78 against 0.66 in 2024; short-term debt: 19.2% and cash: 10.6% of total assets), and 70.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
29.1%
Return on assets
6.7%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
27 d early
2023
1 d early
2022
17 d early
2020
134 d early
2019
8 d early
2018
33 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close19-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€592k▲ 29.6%
2024 · €456k
2018: €198k
2019: €82k
2020: €82k
2022: €140k
2023: €328k
2024: €456k
2018 → 2025
Total assets
€2.03M▲ 65.4%
2024 · €1.23M
2018: €3.91M
2019: €3.91M
2020: €2.73M
2022: €954k
2023: €1.07M
2024: €1.23M
2018 → 2025
Net result
€135k▲ 5.3%
2024 · €128k
2018: €337k
2019: €347k
2020: €768k
2022: €62k
2023: €188k
2024: €128k
2018 → 2025
Working capital
€-85k▲ 19.3%
2024 · €-106k
2018: €62k
2019: €62k
2020: €69k
2022: €-185k
2023: €-180k
2024: €-106k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202022202320242025Trend
Equity€82k-€140k▲ 70.6%€328k▲ 135%€456k▲ 39.1%€592k▲ 29.6%
Operating result€1.03M-€92k▼ 91.0%€276k▲ 199%€194k▼ 29.8%€213k▲ 9.8%
Net result€768k-€62k▼ 91.9%€188k▲ 202%€128k▼ 31.8%€135k▲ 5.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 10% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.03M
Fixed assets
€1.73M▲ 68.5%
Current assets
€304k▲ 49.6%
Equity and liabilities €2.03M
Equity
€592k▲ 29.6%
Debt
€1.44M▲ 86.6%
The debt ratio rises from 62.8% to 70.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€279k▲
2024 · €264k
Cash flow
€201k▲
2024 · €198k
Solvency
29.1%▼
2024 · 37.2%
Current ratio
0.78▲
2024 · 0.66
Quick ratio
0.78▲
2024 · 0.66
Debt / equity
2.43▲
2024 · 1.69
ROE
22.8%▼
2024 · 28.1%
ROA
6.7%▼
2024 · 10.5%
Interest coverage
21.27▼
2024 · 61.53
Debt
€1.44M▲
2024 · €771k
Debt ≤ 1 year
€389k▲
2024 · €309k
Debt > 1 year
€1.04M▲
2024 · €459k
Income taxes
€66k▲
2024 · €61k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.23M€2.03M▲
Fixed assets21/28€1.02M€1.73M▲
Tangible fixed assets22/27€1.02M€976k▼
Land and buildings22€882k€848k▼
Plant, machinery and equipment23€7k€5k▼
Furniture and vehicles24€135k€124k▼
Financial fixed assets28-€750k
Current assets29/58€203k€304k▲
Amounts receivable within one year40/41€20k€10k▼
Trade receivables40€6k€950▼
Other amounts receivable41€14k€9k▼
Current investments50/53-€70k
Cash at bank and in hand54/58€177k€215k▲
Deferred charges and accrued income490/1€5k€9k▲
Equity and liabilities
Total equity and liabilities10/49€1.23M€2.03M▲
Equity10/15€456k€592k▲
Contributions10/11€70k€70k=
Reserves13€386k€522k▲
Distributable reserves133€386k€522k▲
Amounts payable17/49€771k€1.44M▲
Amounts payable after more than one year17€459k€1.04M▲
Financial debts170/4€459k€1.04M▲
Amounts payable within one year42/48€309k€389k▲
Current portion of amounts payable after more than one year42€49k€148k▲
Trade debts44€6k€384▼
Suppliers440/4€6k€384▼
Taxes, remuneration and social security45-€9k
Taxes450/3-€9k
Other amounts payable47/48€253k€231k▼
Accrued charges and deferred income492/3€3k€13k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€70k€66k▼
Other operating charges640/8€4k€2k▼
Gross operating margin9900€267k€281k▲
Operating profit (loss)9901€194k€213k▲
Financial income75/76B€1€2k▲
Recurring financial income75€1€2k▲
Financial charges65/66B€4k€13k▲
Recurring financial charges65€4k€13k▲
Profit (loss) for the period before taxes9903€189k€201k▲
Income taxes67/77€61k€66k▲
Profit (loss) for the period9904€128k€135k▲
Profit (loss) for the period to be appropriated9905€128k€135k▲
Appropriation of the result
Profit (loss) to be appropriated9906€128k€135k▲
Transfer to equity691/2€128k€135k▲
To other reserves6921€128k€135k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
29-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Equity above €500kEq €592k ▲29.6%
7 profitable years in a row build equity to €592k.
2024
04-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Equity above €200kEq €328k ▲135%
5 profitable years in a row build equity to €328k.
2022
14-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Weakest financial yearnet €62k ▼91.9%
Net result drops to €62k, the lowest in the series; recovery starts the following year.
31-03
Financial
Equity above €100kEq €140k ▲70.6%
4 profitable years in a row build equity to €140k.
2021
19-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €768k ▲121%
Operating result €1.03M, net result €768k, both a record.
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
14-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Kaprijke · 1 establishment unit since 2007
Ground area
1,266 m²
Building footprint
172 m²
Volume, LiDAR
1,389 m³
Parcel 43009B0189/00D000, Flanders · tallest building 13.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Nieuwstraat 68, 9971 Kaprijke
since 20072.190.895.646
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43009B0189/00D000 | Flanders | 1,266 m² | 1 · 172 m² | 13.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
JDC Management & Consultancy
BE 0760.551.066
Wervik · Eq €593k
KRM
BE 0872.623.084
Roeselare · Eq €590k
REDERNECE INVEST
BE 0897.268.707
Deinze · Eq €590k
DE PAUW - D'HOE INVEST
BE 0468.216.228
Roosdaal · Eq €589k
PEOPLE BELIEVERS
BE 0783.888.969
Zele · Eq €594k
Of 5,696 companies in sector 70100 we hold annual accounts for 3,489. 2,135 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-04-2007
Fiscal year end31-03
Activities, NACEBEL
70100Activities of head offices
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.