FABRICIUS
ActiveSummary
FABRICIUS has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €449,883 and a net result of -€84,510. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 45% of 19374 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability75▼-4
Solvency50▼-3
Growth49▼-1
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22,000 at 30 days acceptable
Liquidity short (current ratio 0.8 against 0.75 in 2023; short-term debt: 75.1% and cash: 60% of total assets), and 75.1% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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
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 2024Solvency, return and age of the figures
Solvency
24.9%
Return on assets
-4.7%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€84,510
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
31 d late
2022
32 d late
2021
3 d late
2020
10 d late
2019
24 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 19 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€224,608▼ 0.2%
2023 · €225,122
EBIT margin
1.7%▼ 0.2pp
2023 · 1.8%
Net result
-€84,510▼ 2,634%
2023 · -€3,091
Working capital
-€272,144▲ 22.0%
2023 · -€348,880
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€205,893▲ 6.1%€218,454▲ 6.1%€224,168▲ 2.6%€225,122▲ 0.4%€224,608▼ 0.2%
Operating result€55,297▲ 126%€57,396▲ 3.8%-€26,619€4,164€3,782▼ 9.2%
Net result€55,425within the sector's middle half▲ 125%€58,697within the sector's middle half▲ 5.9%-€49,228below the sector's middle half-€3,091within the sector's middle half▲ 93.7%-€84,510below the sector's middle half▼ 2,634%
EBIT margin26.9%▲ 14.2pp26.3%▼ 0.6pp-11.9%▼ 38.1pp1.8%▲ 13.7pp1.7%▼ 0.2pp
Equity€528,015within the sector's middle half▲ 11.7%€586,712within the sector's middle half▲ 11.1%€537,484above the sector's middle half▼ 8.4%€534,393above the sector's middle half▼ 0.6%€449,883above the sector's middle half▼ 15.8%
Total assets€2.0mwithin the sector's middle half▲ 1.8%€2.0mwithin the sector's middle half▲ 2.1%€2.0mabove the sector's middle half▼ 0.6%€1.9mabove the sector's middle half▼ 3.0%€1.8mabove the sector's middle half▼ 6.0%
Debt€1.4m▼ 1.4%€1.4m▼ 1.2%€1.4m▼ 0.1%€1.4m▼ 1.3%€1.4m▼ 2.2%
Working capital-€285,397below the sector's middle half▲ 4.7%-€340,426below the sector's middle half▼ 19.3%-€310,399below the sector's middle half▲ 8.8%-€348,880below the sector's middle half▼ 12.4%-€272,144below the sector's middle half▲ 22.0%
Solvency27.0%within the sector's middle half▲ 2.4pp29.4%within the sector's middle half▲ 2.4pp27.1%within the sector's middle half▼ 2.3pp27.8%within the sector's middle half▲ 0.7pp24.9%within the sector's middle half▼ 2.9pp
Current ratio0.80within the sector's middle half▲ 0.010.76within the sector's middle half▼ 0.040.78within the sector's middle half▲ 0.020.75within the sector's middle half▼ 0.030.80within the sector's middle half▲ 0.05
Return on assets (ROA)2.8%within the sector's middle half▲ 1.6pp2.9%within the sector's middle half▲ 0.1pp-2.5%below the sector's middle half▼ 5.4pp-0.2%within the sector's middle half▲ 2.3pp-4.7%below the sector's middle half▼ 4.5pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 9% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.8m
Fixed assets
€722,027 ▼ 18.3%
Current assets
€1.1m ▲ 4.4%
Equity and liabilities €1.8m
Equity
€449,883 ▼ 15.8%
Debt
€1.4m ▼ 2.2%
Debt's share of the balance-sheet total rises from 72.2% to 75.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€71,074▼
2023 · €73,988
Cash flow
-€17,218▼
2023 · €66,733
Debt to equity
3.02▲
2023 · 2.60
ROE
-18.8%▼
2023 · -0.6%
Interest coverage
75.21▼
2023 · 205.52
Debt ≤ 1 year
€1.4m▼
2023 · €1.4m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,507 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a small loss
1.6%
went bankrupt
1.8%
stopped otherwise
96%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 2,507 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €205,893 | €218,454 | €224,168 | €225,122 | €224,608 | ▼ 0.2% |
| Goods, raw materials, services and sundry goods60/61 | - | €89,699 | €121,995 | €171,279 | €135,468 | ▼ 20.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €50,963 | €57,915 | €71,423 | €69,824 | €67,292 | ▼ 3.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €3,458 | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | €38,336 | -€38,335 | - | - |
| Other operating charges640/8 | - | €13,444 | €15,575 | €18,190 | €18,066 | ▼ 0.7% |
| Gross operating margin9900 | €119,386 | €128,755 | €102,173 | €53,843 | €89,140 | ▲ 65.6% |
| Operating profit (loss)9901 | €55,297 | €57,396 | -€26,619 | €4,164 | €3,782 | ▼ 9.2% |
| Financial income75/76B | - | €1,642 | €306 | €887 | €8,765 | ▲ 888% |
| Recurring financial income75 | €316 | €1,642 | €306 | €887 | €2,656 | ▲ 199% |
| Non-recurring financial income76B | - | - | - | - | €6,109 | - |
| Financial charges65/66B | - | €341 | €22,915 | €8,142 | €97,057 | ▲ 1,092% |
| Recurring financial charges65 | €188 | €341 | €1,179 | €360 | €945 | ▲ 163% |
| Non-recurring financial charges66B | - | - | €21,736 | €7,782 | €96,112 | ▲ 1,135% |
| Profit (loss) for the period before taxes9903 | €55,425 | €58,697 | -€49,228 | -€3,091 | -€84,510 | ▼ 2,634% |
| Profit (loss) for the period9904 | €55,425 | €58,697 | -€49,228 | -€3,091 | -€84,510 | ▼ 2,634% |
| Profit (loss) for the period to be appropriated9905 | €55,425 | €58,697 | -€49,228 | -€3,091 | -€84,510 | ▼ 2,634% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.0m | €2.0m | €2.0m | €1.9m | €1.8m | ▼ 6.0% |
| Fixed assets21/28 | €813,412 | €927,138 | €886,219 | €883,273 | €722,027 | ▼ 18.3% |
| Tangible fixed assets22/27 | €717,300 | €831,026 | €790,107 | €787,161 | €722,027 | ▼ 8.3% |
| Land and buildings22 | - | €709,103 | €668,144 | €636,957 | €698,177 | ▲ 9.6% |
| Plant, machinery and equipment23 | - | €118,862 | €118,607 | €147,086 | €21,015 | ▼ 85.7% |
| Furniture and vehicles24 | - | €3,061 | €3,356 | €3,118 | €2,835 | ▼ 9.1% |
| Financial fixed assets28 | €96,112 | €96,112 | €96,112 | €96,112 | - | - |
| Current assets29/58 | €1.1m | €1.1m | €1.1m | €1.0m | €1.1m | ▲ 4.4% |
| Amounts receivable within one year40/41 | - | €2,067 | - | - | €1,810 | - |
| Trade receivables40 | - | €2,067 | - | - | - | - |
| Other amounts receivable41 | - | - | - | - | €1,810 | - |
| Cash at bank and in hand54/58 | €1.1m | €1.1m | €1.1m | €1.0m | €1.1m | ▲ 4.7% |
| Deferred charges and accrued income490/1 | - | €5,442 | €4,000 | €4,000 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.0m | €2.0m | €2.0m | €1.9m | €1.8m | ▼ 6.0% |
| Equity10/15 | €528,015 | €586,712 | €537,484 | €534,393 | €449,883 | ▼ 15.8% |
| Contributions10/11 | €576,352 | €576,352 | €576,352 | €576,352 | €576,352 | = |
| Capital10 | - | €576,352 | €576,352 | €576,352 | €576,352 | = |
| Issued capital100 | - | €576,352 | €576,352 | €576,352 | €576,352 | = |
| Reserves13 | €722 | €722 | €722 | €722 | €722 | = |
| Non-distributable reserves130/1 | - | €722 | €722 | €722 | €722 | = |
| Legal reserve130 | - | €722 | €722 | €722 | €722 | = |
| Profit (loss) carried forward14 | -€49,059 | €9,637 | -€39,590 | -€42,681 | -€127,191 | ▼ 198% |
| Provisions and deferred taxes16 | - | - | €38,336 | - | - | - |
| Provisions for liabilities and charges160/5 | - | - | €38,336 | - | - | - |
| Other liabilities and charges164/5 | - | - | €38,336 | - | - | - |
| Amounts payable17/49 | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | ▼ 2.2% |
| Amounts payable within one year42/48 | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | ▼ 2.2% |
| Trade debts44 | €1,168 | - | €13,048 | €3,049 | - | - |
| Suppliers440/4 | - | - | €13,048 | €3,049 | - | - |
| Advances received on contracts in progress46 | - | €53,195 | €57,196 | €55,575 | €55,575 | = |
| Other amounts payable47/48 | - | €1.4m | €1.3m | €1.3m | €1.3m | ▼ 2.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €55,425 | €58,697 | -€49,228 | -€3,091 | -€84,510 | ▼ 2,634% |
| + Depreciation and write-downs630 | €50,963 | €57,915 | €71,423 | €69,824 | €67,292 | ▼ 3.6% |
| Operating cash flow (approximation) | €106,388 | €116,612 | €22,195 | €66,733 | -€17,218 | ▼ 126% |
| Investment in fixed assets (approximation) | - | -€171,641 | -€30,504 | -€66,878 | €93,954 | ▲ 240% |
| Change in cash | - | -€72,547 | €32,318 | -€57,350 | €48,339 | ▲ 184% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Weakest financial yearnet -€84,510
Net result drops to -€84,510, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
03-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 3 days late
2021
31-12
Financial
Highest result since 2018net €58,697 ▲5.9%
Operating result €57,396, net result €58,697, both a record.
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 10 days late
2020
31-12
Financial
Equity above €500,000Eq €528,015 ▲11.7%
3 profitable years in a row build equity to €528,015.
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
13-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 13 days late
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 9 days late
2016
08-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Charleroi · 1 establishment unit since 1989
Ground area
7,206 m²
Building footprint
1,589 m²
Volume, LiDAR
14,176 m³
2 parcels, Wallonia · tallest building 15.5 m, ±4 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Route de la Basse Sambre 10, 6060 Charleroi
since 19892.045.316.561
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52026C0312/00L000 | Wallonia | 6,407 m² | 1 · 1,411 m² | 10.0 m · 3 fl. |
| 52026C0304/00R000 | Wallonia | 799 m² | 1 · 178 m² | 15.5 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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VASTIA LAND
BE 0716.926.802
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COMATIM
BE 0441.417.207
Knokke-Heist · Eq €450,291
Of 9,698 companies in sector 68121 we hold annual accounts for 7,393. 4,824 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded20-10-1989
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
E-invoicing
Reachable via Peppol
Peppol ID
0208:0438640532
Also
9925:BE0438640532
Registered
12-11-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.