FAES
ActiveFAES has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €332k and a net result of €-24k. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 55% of 27451 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability14▼-65
Solvency77▼-9
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 2.06 against 2.55 in 2024; short-term debt: 48.1% and cash: 11.9% of total assets), and 48.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 d late
2024
19 d late
2023
13 d late
2022
12 d late
2021
3 d early
2020
25 d late
2019
14 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€332k▼ 6.8%
2024 · €356k
2018: €296k
2019: €340k
2020: €365k
2021: €345k
2022: €342k
2023: €309k
2024: €356k
2018 → 2025
Total assets
€644k▲ 10.7%
2024 · €582k
2018: €639k
2019: €540k
2020: €459k
2021: €401k
2022: €345k
2023: €389k
2024: €582k
2018 → 2025
Net result
€-24k
2024 · €47k
2018: €19k
2019: €43k
2020: €25k
2021: €-19k
2022: €-3k
2023: €-33k
2024: €47k
2018 → 2025
Working capital
€327k▼ 6.0%
2024 · €348k
2018: €265k
2019: €316k
2020: €341k
2021: €328k
2022: €330k
2023: €302k
2024: €348k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€345k-€342k▼ 1.0%€309k▼ 9.5%€356k▲ 15.2%€332k▼ 6.8%
Operating result€-11k-€-2k▲ 82.6%€-32k▼ 1,552%€52k€-21k
Net result€-19k-€-3k▲ 83.0%€-33k▼ 882%€47k€-24k
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 turns negative in 2025: a loss of €21k after €52k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €644k
Fixed assets
€7k▼ 8.4%
Current assets
€637k▲ 11.0%
Equity and liabilities €644k
Equity
€332k▼ 6.8%
Debt
€312k▲ 38.5%
The debt ratio rises from 38.7% to 48.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-18k▼
2024 · €56k
Cash flow
€-21k▼
2024 · €51k
Solvency
51.6%▼
2024 · 61.3%
Current ratio
2.06▼
2024 · 2.55
Quick ratio
2.03▼
2024 · 2.52
Debt / equity
0.94▲
2024 · 0.63
ROE
-7.3%▼
2024 · 13.2%
ROA
-3.8%▼
2024 · 8.1%
Interest coverage
-5.52▼
2024 · 59.96
Debt
€312k▲
2024 · €225k
Debt ≤ 1 year
€310k▲
2024 · €225k
Income taxes
€-164▼
2024 · €4k
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€582k€644k▲
Fixed assets21/28€8k€7k▼
Tangible fixed assets22/27€8k€7k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€3k€2k▼
Other tangible fixed assets26€2k€3k▲
Current assets29/58€574k€637k▲
Stocks and contracts in progress3€6k€8k▲
Stocks30/36€6k€8k▲
Amounts receivable within one year40/41€568k€551k▼
Trade receivables40€326k€302k▼
Other amounts receivable41€242k€250k▲
Cash at bank and in hand54/58-€77k
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€582k€644k▲
Equity10/15€356k€332k▼
Contributions10/11€19k€19k=
Reserves13€285k€285k=
Distributable reserves133€285k€285k=
Profit (loss) carried forward14€53k€29k▼
Amounts payable17/49€225k€312k▲
Amounts payable within one year42/48€225k€310k▲
Financial debts43€3k-
Credit institutions430/8€3k-
Trade debts44€192k€250k▲
Suppliers440/4€192k€250k▲
Taxes, remuneration and social security45€4k€4k▼
Taxes450/3€4k€4k▼
Other amounts payable47/48€27k€56k▲
Accrued charges and deferred income492/3-€3k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€158k
Other operating charges640/8€538€609▲
Gross operating margin9900€57k€142k▲
Operating profit (loss)9901€52k€-21k▼
Financial income75/76B-€12
Recurring financial income75-€12
Financial charges65/66B€934€3k▲
Recurring financial charges65€934€3k▲
Profit (loss) for the period before taxes9903€51k€-24k▼
Income taxes67/77€4k€-164▼
Profit (loss) for the period9904€47k€-24k▼
Profit (loss) for the period to be appropriated9905€47k€-24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€53k€29k▼
Profit (loss) brought forward from the previous period14P€6k€53k▲
The notes to these accounts (10 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
2024
31-12
Financial
Back to profitnet €47k
Net result €47k after 3 loss-making years.
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
31-12
Financial
Weakest financial yearnet €-33k
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
12-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 12 days late
2022
31-12
Financial
Liquidity times 17current ratio 118.10
Current ratio from 6.91 to 118.10; short-term debt falls from €55k to €3k.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 25 days late
2020
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 14 days late
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-07
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.
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, Hoogstraten · 1 establishment unit since 1999
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.
Van Aertselaerplein 102320 HoogstratenGround area
894 m²
Building footprint
204 m²
Volume, LiDAR
2,086 m³
Parcel 13014C0027/00Z007, Flanders · tallest building 13.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Van Aertselaerplein 10, 2320 Hoogstraten
since 19992.079.014.856
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13014C0027/00Z007 | Flanders | 894 m² | 1 · 204 m² | 13.1 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
1 categoryFAES BV46464
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Of 4,010 companies in sector 43310 we hold annual accounts for 1,745. 1,185 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-10-1996
Fiscal year end31-12
Activities, NACEBEL
43310Plastering work
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.