FABESA
ActiveFABESA has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €186k and a net result of €56k. Equity is growing by ~16.2% per year across the filed fiscal years. Its solvency ranks better than 37% of 7318 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
91
/ 100
Excellent▲ +21 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+26
Solvency71▲+20
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 3.17 against 2.15 in 2024), but 68.9% 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+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
31.1%
Return on assets
9.3%
Age of the figures
8 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 · 8 filingsDeviation from the deadline
2025
31 d late
2024
29 d early
2023
29 d late
2022
3 d early
2021
2 d early
2020
31 d late
2019
69 d late
← before the deadline
after the deadline →
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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€186k▲ 42.6%
2024 · €131k
2018: €41k
2019: €76k
2020: €101k
2021: €120k
2022: €120k
2023: €168k
2024: €131k
2018 → 2025
Total assets
€599k▼ 0.8%
2024 · €604k
2018: €120k
2019: €141k
2020: €150k
2021: €171k
2022: €375k
2023: €617k
2024: €604k
2018 → 2025
Net result
€56k▲ 186%
2024 · €19k
2018: €21k
2019: €36k
2020: €24k
2021: €19k
2022: €761
2023: €47k
2024: €19k
2018 → 2025
Working capital
€185k▲ 31.7%
2024 · €141k
2018: €15k
2019: €50k
2020: €66k
2021: €87k
2022: €85k
2023: €181k
2024: €141k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€120k-€120k▲ 0.6%€168k▲ 39.2%€131k▼ 22.0%€186k▲ 42.6%
Operating result€27k-€3k▼ 87.3%€68k▲ 1,878%€39k▼ 41.9%€89k▲ 127%
Net result€19k-€761▼ 96.0%€47k▲ 6,093%€19k▼ 58.8%€56k▲ 186%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 127% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €599k
Fixed assets
€328k▼ 3.5%
Current assets
€271k▲ 2.7%
Equity and liabilities €599k
Equity
€186k▲ 42.6%
Debt
€413k▼ 12.8%
The debt ratio falls from 78.4% to 68.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€121k▲
2024 · €67k
Cash flow
€87k▲
2024 · €47k
Solvency
31.1%▲
2024 · 21.6%
Current ratio
3.17▲
2024 · 2.15
Quick ratio
3.17▲
2024 · 2.15
Debt / equity
2.21▼
2024 · 3.62
ROE
29.9%▲
2024 · 14.9%
ROA
9.3%▲
2024 · 3.2%
Interest coverage
10.94▲
2024 · 5.73
Debt
€413k▼
2024 · €473k
Debt ≤ 1 year
€85k▼
2024 · €123k
Debt > 1 year
€325k▼
2024 · €350k
Income taxes
€23k▲
2024 · €9k
Staff costs
€201k▲
2024 · €172k
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€604k€599k▼
Fixed assets21/28€340k€328k▼
Tangible fixed assets22/27€340k€328k▼
Land and buildings22€307k€293k▼
Plant, machinery and equipment23€8k€9k▲
Furniture and vehicles24€25k€26k▲
Current assets29/58€264k€271k▲
Amounts receivable within one year40/41€94k€70k▼
Trade receivables40€66k€63k▼
Other amounts receivable41€28k€7k▼
Cash at bank and in hand54/58€73k€110k▲
Deferred charges and accrued income490/1€97k€90k▼
Equity and liabilities
Total equity and liabilities10/49€604k€599k▼
Equity10/15€131k€186k▲
Contributions10/11€20k€20k=
Reserves13€111k€166k▲
Distributable reserves133€111k€166k▲
Amounts payable17/49€473k€413k▼
Amounts payable after more than one year17€350k€325k▼
Financial debts170/4€350k€325k▼
Amounts payable within one year42/48€123k€85k▼
Current portion of amounts payable after more than one year42€25k€25k▲
Trade debts44€24k€28k▲
Suppliers440/4€24k€28k▲
Taxes, remuneration and social security45€74k€31k▼
Taxes450/3€10k€23k▲
Remuneration and social security454/9€64k€8k▼
Accrued charges and deferred income492/3€272€3k▲
Income statement
Code20242025
Remuneration, social security and pensions62€172k€201k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€32k▲
Other operating charges640/8€1k€3k▲
Gross operating margin9900€240k€325k▲
Operating profit (loss)9901€39k€89k▲
Financial income75/76B€293€442▲
Recurring financial income75€293€442▲
Financial charges65/66B€12k€11k▼
Recurring financial charges65€12k€11k▼
Profit (loss) for the period before taxes9903€28k€79k▲
Income taxes67/77€9k€23k▲
Profit (loss) for the period9904€19k€56k▲
Profit (loss) for the period to be appropriated9905€19k€56k▲
Appropriation of the result
Profit (loss) to be appropriated9906€19k€56k▲
Transfer from equity791/2€56k-
Transfer to equity691/2€19k€56k▲
To other reserves6921€19k€56k▲
Profit to be distributed694/7€56k-
Return on contributions (dividend)694€56k-
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
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €56k ▲186%
Operating result €89k, net result €56k, both a record.
31-12
Financial
Equity above €150kEq €186k ▲42.6%
8 profitable years in a row build equity to €186k.
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Equity above €150kEq €168k ▲39.2%
6 profitable years in a row build equity to €168k.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €761 ▼96%
Net result drops to €761, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Equity above €100kEq €101k ▲32.1%
3 profitable years in a row build equity to €101k.
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Brugge · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Fazantenlaan 278200 BruggeGround area
881 m²
Building footprint
147 m²
Volume, LiDAR
458 m³
Parcel 31425C0188/00F000, Flanders · tallest building 4.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
FABESA
since 20182.274.230.326
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31425C0188/00F000 | Flanders | 881 m² | 1 · 147 m² | 4.5 m · 1 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 365 EUR awarded · 299 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 365 EUR | 299 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 29,531 companies in sector 41001 we hold annual accounts for 15,868. 12,111 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-02-2018
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43331Floor and wall tiling
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
43110Demolition
43230Insulation installation
43291Specialised construction activities
43310Plastering work
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.