FADASOL

Active

Private limited companyfounded 20196 yrs activeRue des Glaces Nationales(AUV) 169, 5060 Sambreville, BelgiumKBO/BCE: BE 0738.487.427

The computed 12-month bankruptcy probability of FADASOL is 2.5% (moderate). The 2024 annual accounts show equity of €581 and a net result of €2k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 9981 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

44 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability52▲+5

Solvency25▲+1

Growth58=

Track record100

Bankruptcy probability, 12 months

2.5% Moderate

0%0.5%1.5%4%10%≥ 25%

No publishable credit limit; credit only on tighter terms

Liquidity short (current ratio 0.17 against 0.27 in 2023; short-term debt: 26.4% and cash: 1.9% of total assets), and 99.6% of the assets are financed with debt.

How do we compute the score and the probability?

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Signals

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

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 →

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 2024

Solvency, return and age of the figures

Solvency

0.4%

Return on assets

1.5%

Age of the figures

20 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 9981 sector peers (2024).

NBB · sector comparison

Position among 9981 sector peers

Solvency

better than 13%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

not confirmed

2024

24 d early

2023

42 d early

2022

14 d late

2021

26 d early

2020

26 d late

← before the deadline after the 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

Financials · fiscal year 2024, micro schema

Turnover

€62k

EBIT margin

0.7%

Net result

€2k

2023 · €-1k

2020: €-8k 2021: €-8k 2022: €-4k 2023: €-1k

2020 → 2024

Working capital

€-36k▲ 9.9%

2023 · €-40k

2020: €-24k 2021: €-33k 2022: €-39k 2023: €-40k

2020 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€62k

Equity€12k-€4k▼ 70.1%€-503€-2k▼ 261%€581

Operating result€-5k-€-4k▲ 12.1%€465€2k▲ 396%€7k▲ 197%

Net result€-8k-€-8k▲ 0.7%€-4k▲ 51.2%€-1k▲ 67.2%€2k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has risen four years in a row; 2024 is 197% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €165k

95.5%

Fixed assets €158k▼ 6.1%

Current assets €7k▼ 50.2%

Equity and liabilities €165k

99.6%

Equity €581

Debt €165k

Debt finances 99.6% of the balance-sheet total.

Key figures and ratios

2024 value · change against 2023

EBITDA

€17k▲

2023 · €12k

Cash flow

€13k▲

2023 · €9k

Solvency

0.4%▲

2023 · -1.0%

Current ratio

0.17▼

2023 · 0.27

Quick ratio

0.17▼

2023 · 0.27

ROA

1.5%▲

2023 · -0.7%

Interest coverage

3.83▲

2023 · 3.45

Debt

€165k▼

2023 · €185k

Debt ≤ 1 year

€44k▼

2023 · €55k

Debt > 1 year

€117k▼

2023 · €128k

Equity ratios withheld: equity of €581 is too small for a meaningful ratio.

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€183k€165k▼

Fixed assets21/28€168k€158k▼

Tangible fixed assets22/27€164k€154k▼

Land and buildings22€136k€131k▼

Plant, machinery and equipment23€28k€23k▼

Financial fixed assets28€4k€4k=

Current assets29/58€15k€7k▼

Amounts receivable within one year40/41€4k€4k▼

Trade receivables40€4k€4k▲

Other amounts receivable41€876-

Cash at bank and in hand54/58€10k€3k▼

Deferred charges and accrued income490/1€305-

Equity and liabilities

Total equity and liabilities10/49€183k€165k▼

Equity10/15€-2k€581▲

Contributions10/11€20k€20k=

Profit (loss) carried forward14€-22k€-19k▲

Amounts payable17/49€185k€165k▼

Amounts payable after more than one year17€128k€117k▼

Financial debts170/4€128k€117k▼

Other amounts payable178/9€350€350=

Amounts payable within one year42/48€55k€44k▼

Current portion of amounts payable after more than one year42€11k€11k▲

Trade debts44€15k€3k▼

Suppliers440/4€15k€3k▼

Taxes, remuneration and social security45€3k€2k▼

Taxes450/3€3k€2k▼

Other amounts payable47/48€27k€27k=

Accrued charges and deferred income492/3€1k€4k▲

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k=

Other operating charges640/8€6k€6k▲

Gross operating margin9900€18k€23k▲

Operating profit (loss)9901€2k€7k▲

Financial charges65/66B€4k€4k▲

Recurring financial charges65€4k€4k▲

Profit (loss) for the period before taxes9903€-1k€2k▲

Profit (loss) for the period9904€-1k€2k▲

Profit (loss) for the period to be appropriated9905€-1k€2k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-22k€-19k▲

Profit (loss) brought forward from the previous period14P€-21k€-22k▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 6Financial 1Filings 5

2025

07-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Back to profitnet €2k

Net result €2k after 4 loss-making years.

19-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

14-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 14 days late

2022

05-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

26-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 26 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Similar companies · same sector, comparable size

Maxence Lauwers Construction

Of 29,808 companies in sector 41001 we hold annual accounts for 16,038. 1,162 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded27-11-2019

Fiscal year end31-12

Activities, NACEBEL

41001General construction of residential buildings

68201Renting and operating of own or leased residential real estate, excluding social housing

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filings

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.