FADAN

Active

Private limited companyfounded 198837 yrs activeBoetendaelstraat 115, 1180 Ukkel, BelgiumKBO/BCE: BE 0436.259.181

Summary

FADAN has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.0m and a net result of €619,263. Equity is growing by ~31% per year across the filed fiscal years. Its solvency ranks better than 43% of 10958 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisWatch Report Compare

FADANActiveChecked score 94/100

Risk analysis Report Compare

Activity

Buying and selling of own real estate

NACE 68110NACE 68100

1 site

Size

€4.4mtotal assets 2025

Equity: €1.0m
Profit: €619,263

Financial health

94 Excellent Checked score 2025

Bankruptcy chance 12 m: 0.1%

Structure

Accounts filed 3 d late0 of 7 deeds read

Why 94- Liquidity: current ratio 6.32, cash €16,603- Latest accounts 3 days late; 1 of the last 3 late+ Size: total assets €4.4m+ Figures for FY 2025 (filed 03-08-2026)Show the evidence

Checked score

Score 2025

94 / 100

Excellent

Probability in this band: under 0.55%

Better than 64% of its sector peers (NACE 68, small)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Average

Solvency 49+17

equity 24.0% of total assets

Liquidity 50+13

short-term debt 10.9% · cash 0.4%

Profitability 67-15

return on assets 14.2%

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,938 companies)

Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● 0.0% vs 11-2024lowest value 01-2025: 0.1%● 0.0% vs 12-2024lowest value 02-2025: 0.1%▲ +3.7% vs 01-2025 03-2025: 0.1%▲ +2.4% vs 02-2025 04-2025: 0.1%▲ +7.0% vs 03-2025 05-2025: 0.1%▲ +14.1% vs 04-2025 06-2025: 0.1%▲ +10.5% vs 05-2025 07-2025: 0.2%▲ +73.3% vs 06-2025 08-2025: 0.4%▲ +79.6% vs 07-2025 09-2025: 0.5%▲ +34.9% vs 08-2025 10-2025: 0.4%▼ -23.2% vs 09-2025 11-2025: 0.4%● 0.0% vs 10-2025 12-2025: 0.4%● 0.0% vs 11-2025 01-2026: 0.4%● 0.0% vs 12-2025 02-2026: 0.4%▲ +1.9% vs 01-2026 03-2026: 0.4%▲ +1.6% vs 02-2026 04-2026: 0.4%▼ -2.6% vs 03-2026 05-2026: 0.4%▲ +1.9% vs 04-2026 06-2026: 0.4%▲ +6.5% vs 05-2026 07-2026: 0.5%▲ +11.7% vs 06-2026 08-2026: 0.9%▲ +95.2% vs 07-2026highest value 09-2026: 0.1%▼ -86.2% vs 08-2026 10-2026: 0.1%● 0.0% vs 09-2026

Liquidity: current ratio 6.32, cash €16,603 raises the probability
Size: total assets €4.4m lowers the probability for this profile
Latest accounts 3 days late; 1 of the last 3 late raises the probability
Figures for FY 2025 (filed 03-08-2026) lowers the probability

Credit up to €95,000 at 30 days acceptable

Liquidity ample (current ratio 6.32 against 1.88 in 2024; short-term debt: 10.9% and cash: 0.4% of total assets), but 76% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, small). Better than this share of them on solvency 44%, liquidity 52%, profitability 64%, growth against the median 95%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Liquidity: current ratio 6.32, cash €16,603

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Size: total assets €4.4m

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

Latest accounts 3 days late; 1 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Figures for FY 2025 (filed 03-08-2026)

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 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 filings

Deviation from the deadline

2025

3 d late

2024

31 d late

2023

17 d late

2022

30 d early

2021

41 d early

2020

44 d early

2019

30 d early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 13 days before 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 (2)

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. Usually files around 3 August (4 of the last 5 filed years within 33 days of that day).

Companies Code · seven months

Position in the running window

04-10-2026 today31-12-2026 close31-07-2027 deadline

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

03-08-26 Annual accounts filedfiscal year 2025 · abbreviated…
31-12-25 Liquidity triplescurrent ratio 6.32
31-12-25 Equity above €1mEq €1.0m ▲144%

Key points

Positive: Equity rose in 2025from €429,211 to €1.0m ▲ 144% View
Positive: Among the best 5% on net resultsector median €10,301 · 10,946 companies €619,263 View
Active since 1988founded 27-12-1988 37 years View