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FADEVI

Active
Public limited companyfounded 199531 yrs activeHaverstraat 11, 8800 Roeselare, BelgiumKBO/BCE: BE 0455.537.338
Summary

FADEVI has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21,635 and a net result of -€9,185. Equity is shrinking by ~13.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability14=
Solvency45▼-7
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity short (current ratio 0.43 against 0.07 in 2024; short-term debt: 1.7% and cash: 0.7% of total assets), and 80.1% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 31 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 2025
Solvency, return and age of the figures
Solvency
19.9%
Return on assets
-8.4%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€9,185
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-05-2026, 67 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
67 d early
2024
52 d early
2023
71 d early
2022
41 d early
2021
48 d early
2020
59 d early
2019
72 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 59 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
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 months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

History

FADEVI was incorporated on 30 June 1995.1 Total assets fell from EUR 141,860 in 2018 to EUR 108,756 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€21,635▼ 29.8%
2024 · €30,820
Total assets
€108,756▼ 3.9%
2024 · €113,166
Net result
-€9,185▲ 1.8%
2024 · -€9,356
Working capital
-€1,060▲ 25.1%
2024 · -€1,414
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€188▲ 92.4%-€3,692▼ 1,860%-€5,125▼ 38.8%-€5,088▲ 0.7%-€5,044▲ 0.9%
Net result-€1,153▲ 66.4%-€4,414▼ 283%-€6,108▼ 38.4%-€9,356▼ 53.2%-€9,185▲ 1.8%
Equity€114,198▼ 1.0%€109,784▼ 3.9%€40,176▼ 63.4%€30,820▼ 23.3%€21,635▼ 29.8%
Total assets€127,241▼ 5.1%€121,619▼ 4.4%€121,695▲ 0.1%€113,166▼ 7.0%€108,756▼ 3.9%
Debt€13,043▼ 30.2%€11,835▼ 9.3%€81,519▲ 589%€82,346▲ 1.0%€87,121▲ 5.8%
Working capital€816▲ 68.6%€2,031▲ 149%€301▼ 85.2%-€1,414-€1,060▲ 25.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000-€7,500-€5,000-€2,500€0Operating result 2021: -€188-€188Net result 2021: -€1,153-€1,153Operating result 2022: -€3,692-€3,692Net result 2022: -€4,414-€4,414Operating result 2023: -€5,125-€5,125Net result 2023: -€6,108-€6,108Operating result 2024: -€5,088-€5,088Net result 2024: -€9,356-€9,356Operating result 2025: -€5,044-€5,044Net result 2025: -€9,185-€9,18520212022202320242025-€10,000-€7,500-€5,000-€2,500€0Operating result 2023: -€5,125-€5,130Net result 2023: -€6,108-€6,110Operating result 2024: -€5,088-€5,090Net result 2024: -€9,356-€9,360Operating result 2025: -€5,044-€5,040Net result 2025: -€9,185-€9,180202320242025
The operating result stays negative: a loss of €5,044 in 2025 against €5,088 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €108,756
Fixed assets €107,951 ▼ 4.5%
Current assets €804 ▲ 636%
Equity and liabilities €108,756
Equity €21,635 ▼ 29.8%
Debt €87,121 ▲ 5.8%
Debt's share of the balance-sheet total rises from 72.8% to 80.1%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€2,905▲
2024 · €2,776
Cash flow
-€1,236▲
2024 · -€1,493
Current ratio
0.43▲
2024 · 0.07
Debt to equity
4.03▲
2024 · 2.67
ROE
-42.5%▼
2024 · -30.4%
ROA
-8.4%▼
2024 · -8.3%
Interest coverage
0.70▲
2024 · 0.65
Debt ≤ 1 year
€1,864▲
2024 · €1,523
Debt > 1 year
€85,257▲
2024 · €80,823
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,448 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a small loss
1.4% went bankrupt
5.0% stopped otherwise
93% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 2,448 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€113,166€108,756▼
Fixed assets21/28€113,057€107,951▼
Tangible fixed assets22/27€113,057€107,951▼
Land and buildings22€113,057€107,951▼
Current assets29/58€109€804▲
Cash at bank and in hand54/58€109€804▲
Equity and liabilities
Total equity and liabilities10/49€113,166€108,756▼
Equity10/15€30,820€21,635▼
Contributions10/11€61,500€61,500=
Capital10€61,500€61,500=
Issued capital100€61,500€61,500=
Reserves13€34,200€34,200=
Non-distributable reserves130/1€12,500€12,500=
Legal reserve130€12,500€12,500=
Distributable reserves133€21,700€21,700=
Profit (loss) carried forward14-€64,880-€74,065▼
Amounts payable17/49€82,346€87,121▲
Amounts payable after more than one year17€80,823€85,257▲
Other amounts payable178/9€80,823€85,257▲
Amounts payable within one year42/48€1,523€1,864▲
Trade debts44€256€638▲
Suppliers440/4€256€638▲
Taxes, remuneration and social security45€1,268€1,225▼
Taxes450/3€1,268€1,225▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,863€7,949▲
Other operating charges640/8€2,326€2,287▼
Gross operating margin9900€5,102€5,192▲
Operating profit (loss)9901-€5,088-€5,044▲
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€4,269€4,141▼
Recurring financial charges65€4,269€4,141▼
Profit (loss) for the period before taxes9903-€9,356-€9,185▲
Profit (loss) for the period9904-€9,356-€9,185▲
Profit (loss) for the period to be appropriated9905-€9,356-€9,185▲
Appropriation of the result
Profit (loss) to be appropriated9906-€64,880-€74,065▼
Profit (loss) brought forward from the previous period14P-€55,524-€64,880▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A€2,273-----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,927€6,927€7,686€7,863€7,949▲ 1.1%
Other operating charges640/8€1,734€2,060€2,016€2,326€2,287▼ 1.7%
Non-recurring operating charges66A--€557---
Gross operating margin9900€8,473€5,295€5,134€5,102€5,192▲ 1.8%
Operating profit (loss)9901-€188-€3,692-€5,125-€5,088-€5,044▲ 0.9%
Financial income75/76B---€1--
Recurring financial income75---€1--
Financial charges65/66B€964€722€983€4,269€4,141▼ 3.0%
Recurring financial charges65€964€722€983€4,269€4,141▼ 3.0%
Profit (loss) for the period before taxes9903-€1,153-€4,414-€6,108-€9,356-€9,185▲ 1.8%
Profit (loss) for the period9904-€1,153-€4,414-€6,108-€9,356-€9,185▲ 1.8%
Profit (loss) for the period to be appropriated9905-€1,153-€4,414-€6,108-€9,356-€9,185▲ 1.8%
Line20212022202320242025Change
Assets
Total assets20/58€127,241€121,619€121,695€113,166€108,756▼ 3.9%
Fixed assets21/28€125,971€119,043€120,920€113,057€107,951▼ 4.5%
Tangible fixed assets22/27€125,971€119,043€120,920€113,057€107,951▼ 4.5%
Land and buildings22€125,971€119,043€120,920€113,057€107,951▼ 4.5%
Current assets29/58€1,270€2,576€775€109€804▲ 636%
Amounts receivable within one year40/41-€983----
Other amounts receivable41-€983----
Cash at bank and in hand54/58€1,270€1,593€775€109€804▲ 636%
Equity and liabilities
Total equity and liabilities10/49€127,241€121,619€121,695€113,166€108,756▼ 3.9%
Equity10/15€114,198€109,784€40,176€30,820€21,635▼ 29.8%
Contributions10/11€125,000€125,000€61,500€61,500€61,500=
Capital10€125,000€125,000€61,500€61,500€61,500=
Issued capital100€125,000€125,000€61,500€61,500€61,500=
Reserves13€34,200€34,200€34,200€34,200€34,200=
Non-distributable reserves130/1€12,500€12,500€12,500€12,500€12,500=
Legal reserve130€12,500€12,500€12,500€12,500€12,500=
Distributable reserves133€21,700€21,700€21,700€21,700€21,700=
Profit (loss) carried forward14-€45,002-€49,416-€55,524-€64,880-€74,065▼ 14.2%
Amounts payable17/49€13,043€11,835€81,519€82,346€87,121▲ 5.8%
Amounts payable after more than one year17€12,236€11,290€81,045€80,823€85,257▲ 5.5%
Other amounts payable178/9€12,236€11,290€81,045€80,823€85,257▲ 5.5%
Amounts payable within one year42/48€454€545€474€1,523€1,864▲ 22.3%
Current portion of amounts payable after more than one year42€0-----
Trade debts44€207€347€191€256€638▲ 150%
Suppliers440/4€207€347€191€256€638▲ 150%
Taxes, remuneration and social security45€247€198€283€1,268€1,225▼ 3.4%
Taxes450/3€247€198€283€1,268€1,225▼ 3.4%
Accrued charges and deferred income492/3€353-----
Line20212022202320242025Change
Profit (loss) for the period9904-€1,153-€4,414-€6,108-€9,356-€9,185▲ 1.8%
+ Depreciation and write-downs630€6,927€6,927€7,686€7,863€7,949▲ 1.1%
Operating cash flow (approximation)€5,774€2,513€1,578-€1,493-€1,236▲ 17.2%
Investment in fixed assets (approximation)-€1-€9,563€0-€2,844-
Change in cash-€323-€818-€666€695▲ 204%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
25-05
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
09-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Weakest financial yearnet -€9,356
Net result drops to -€9,356, the lowest in the series; recovery starts the following year.
21-05
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
20-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
13-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
02-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
20-05
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
17-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
25-05
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
06-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 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
5 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, Roeselare · 1 establishment unit since 2002
seat establishment The establishment unit on the map
Ground area
1,151 m²
Building footprint
171 m²
Volume, LiDAR
859 m³
Parcel 36503C1279/00A002, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Haverstraat 11, 8800 Roeselare
NACE 7414201
since 20022.115.552.479
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36503C1279/00A002 Flanders 1,151 m² 1 · 171 m² 8.2 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPublic limited company
Founded30-06-1995
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

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Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.