FADI
ActiveFADI has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €129k and a net result of €20k. Equity is growing by ~16.7% per year across the filed fiscal years. Its solvency ranks better than 24% of 213 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability57▼-3
Solvency34▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity short (current ratio 0.5 against 0.77 in 2024; short-term debt: 10.2% and cash: 3.8% of total assets), and 90.9% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 72
Relative position
BE, all sectors
reference
Sector 72
lower
← 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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 213 sector peers (2025).
NBB · sector comparisonPosition among 213 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-10-2025, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
8 d late
2023
15 d late
2022
3 d early
2021
4 d early
2020
30 d late
2019
6 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close22-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€129k▲ 17.9%
2024 · €110k
2019: €55k
2020: €55k
2021: €22k
2022: €81k
2023: €82k
2024: €110k
2019 → 2025
Total assets
€1.42M▼ 3.6%
2024 · €1.47M
2019: €557k
2020: €527k
2021: €1.05M
2022: €1.06M
2023: €1.30M
2024: €1.47M
2019 → 2025
Net result
€20k▼ 28.4%
2024 · €27k
2019: €-10k
2020: €-116
2021: €-33k
2022: €60k
2023: €960
2024: €27k
2019 → 2025
Working capital
€-73k▼ 158%
2024 · €-28k
2019: €-56k
2020: €-49k
2021: €-83k
2022: €-27k
2023: €-51k
2024: €-28k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€22k-€81k▲ 272%€82k▲ 1.2%€110k▲ 33.2%€129k▲ 17.9%
Operating result€-26k-€86k€11k▼ 87.4%€80k▲ 643%€57k▼ 28.6%
Net result€-33k-€60k€960▼ 98.4%€27k▲ 2,753%€20k▼ 28.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 29% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.42M
Fixed assets
€1.34M▼ 2.3%
Current assets
€72k▼ 23.3%
Equity and liabilities €1.42M
Equity
€129k▲ 17.9%
Debt
€1.29M▼ 5.3%
The debt ratio falls from 92.5% to 90.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€115k▼
2024 · €136k
Cash flow
€77k▼
2024 · €83k
Solvency
9.1%▲
2024 · 7.5%
Current ratio
0.50▼
2024 · 0.77
Quick ratio
0.50▼
2024 · 0.77
Debt / equity
9.94▼
2024 · 12.38
ROE
15.1%▼
2024 · 24.9%
ROA
1.4%▼
2024 · 1.9%
Interest coverage
4.38▼
2024 · 4.65
Debt
€1.29M▼
2024 · €1.36M
Debt ≤ 1 year
€145k▲
2024 · €122k
Debt > 1 year
€1.14M▼
2024 · €1.24M
Income taxes
€11k▼
2024 · €23k
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€1.47M€1.42M▼
Fixed assets21/28€1.37M€1.34M▼
Tangible fixed assets22/27€1.37M€1.34M▼
Land and buildings22€1.34M€1.29M▼
Plant, machinery and equipment23€25k€23k▼
Furniture and vehicles24€10k€31k▲
Current assets29/58€94k€72k▼
Amounts receivable within one year40/41€17k€16k▼
Trade receivables40€15k€11k▼
Other amounts receivable41€2k€5k▲
Cash at bank and in hand54/58€75k€54k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€1.47M€1.42M▼
Equity10/15€110k€129k▲
Contributions10/11€45k€45k=
Reserves13€70k€90k▲
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Distributable reserves133€67k€87k▲
Profit (loss) carried forward14€-5k€-5k=
Amounts payable17/49€1.36M€1.29M▼
Amounts payable after more than one year17€1.24M€1.14M▼
Financial debts170/4€867k€697k▼
Other amounts payable178/9€370k€445k▲
Amounts payable within one year42/48€122k€145k▲
Current portion of amounts payable after more than one year42€105k€101k▼
Trade debts44€1k€22k▲
Suppliers440/4€1k€22k▲
Taxes, remuneration and social security45€15k€21k▲
Taxes450/3€15k€21k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56k€57k▲
Other operating charges640/8€9k€6k▼
Non-recurring operating charges66A€200€0▼
Gross operating margin9900€145k€120k▼
Operating profit (loss)9901€80k€57k▼
Financial income75/76B€0€4▲
Recurring financial income75€0€4▲
Financial charges65/66B€29k€26k▼
Recurring financial charges65€29k€26k▼
Profit (loss) for the period before taxes9903€51k€31k▼
Income taxes67/77€23k€11k▼
Profit (loss) for the period9904€27k€20k▼
Profit (loss) for the period to be appropriated9905€27k€20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€14k▲
Profit (loss) brought forward from the previous period14P€-33k€-5k▲
Transfer to equity691/2€0€20k▲
To other reserves6921€0€20k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (13 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
28-07
State Gazette act
Registered officeRegistered-office move · Statutes amendment2 facts ▸
State Gazette act
Registered office
Registered-office move · Statutes amendment2 facts ▸
- Registered-office move, 9000 Gent, Zuidstationstraat 7
- Statutes amendment
23-03
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation2 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation2 facts ▸
- General meeting, 15/01/2026
- Director resignation, Helene Claeys (représentant permanent)
2025
28-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
08-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 8 days late
31-03
Financial
Equity above €100kEq €110k ▲33.2%
3 profitable years in a row build equity to €110k.
2023
15-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 15 days late
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Back to profitnet €60k
Net result €60k after 3 loss-making years.
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Weakest financial yearnet €-33k
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2019
25-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
27-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
07-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2016
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-01-2026
Helene Claeys: Resigned as Représentant permanent
02-06-2016
Verhamme Diana: Resigned as Manager
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2014
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.
Zuidstationstraat 79000 GentGround area
1,678 m²
Building footprint
448 m²
Volume, LiDAR
3,041 m³
2 parcels, Flanders, Wallonia · tallest building 18.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Chemin du Renard(O) 9, 7750 Mont-de-l'Enclus
since 20142.235.236.821
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57061B0359/00H000 | Wallonia | 1,497 m² | 1 · 343 m² | 6.8 m · 2 fl. |
| 44804D2537/00G000 | Flanders | 181 m² | 1 · 105 m² | 18.8 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
NB Please
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BULNES CONSULTING
BE 0713.473.305
Bertem · Eq €130k
ResiResearch
BE 0786.766.703
Anderlecht · Eq €130k
INNOVATIVE MICROBIAL BIOPROCESS
BE 0477.640.767
Anderlecht · Eq €131k
Complix
BE 0898.945.025
Diepenbeek · Eq €126k
Of 1,177 companies in sector 72109 we hold annual accounts for 715. 467 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-09-2014
Fiscal year end31-03
Activities, NACEBEL
72109Other research and development on natural sciences
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
82300Organisation of conventions and trade shows
85599Other education
86909Human health activities
86995Nutrition and dietetics services
96999Other personal services
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.