Fagnoulle
ActiveFagnoulle has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €286k and a net result of €132k. Equity is growing by ~25.9% per year across the filed fiscal years. Its solvency ranks better than 45% of 59 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▼-6
Solvency60▼-34
Growth52=
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity tight (current ratio 1.24 against 2.25 in 2024; short-term debt: 63.9% and cash: 72% of total assets), and 65.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 37
Relative position
BE, all sectors
reference
Sector 37
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
34.9%
Return on assets
16.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 4 filingsDeviation from the deadline
2025
25 d late
2024
2 d late
2023
29 d late
2022
11 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€286k▼ 43.5%
2024 · €507k
2022: €211k
2023: €351k
2024: €507k
2022 → 2025
Total assets
€821k▲ 11.9%
2024 · €734k
2022: €475k
2023: €604k
2024: €734k
2022 → 2025
Net result
€132k▼ 15.1%
2024 · €156k
2022: €161k
2023: €140k
2024: €156k
2022 → 2025
Working capital
€126k▼ 50.2%
2024 · €252k
2022: €-7k
2023: €134k
2024: €252k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€211k-€351k▲ 66.5%€507k▲ 44.4%€286k▼ 43.5%
Operating result€202k-€189k▼ 6.3%€205k▲ 8.7%€177k▼ 13.9%
Net result€161k-€140k▼ 12.9%€156k▲ 11.3%€132k▼ 15.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 14% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €821k
Fixed assets
€170k▼ 38.9%
Current assets
€651k▲ 43.2%
Equity and liabilities €821k
Equity
€286k▼ 43.5%
Debt
€535k▲ 136%
The debt ratio rises from 30.9% to 65.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€296k▼
2024 · €320k
Cash flow
€252k▼
2024 · €271k
Solvency
34.9%▼
2024 · 69.1%
Current ratio
1.24▼
2024 · 2.25
Quick ratio
1.24▼
2024 · 2.25
Debt / equity
1.87▲
2024 · 0.45
ROE
46.3%▲
2024 · 30.8%
ROA
16.1%▼
2024 · 21.3%
Interest coverage
671.62▲
2024 · 422.89
Debt
€535k▲
2024 · €227k
Debt ≤ 1 year
€525k▲
2024 · €202k
Debt > 1 year
€10k▼
2024 · €24k
Income taxes
€44k▼
2024 · €49k
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€734k€821k▲
Fixed assets21/28€279k€170k▼
Tangible fixed assets22/27€279k€170k▼
Plant, machinery and equipment23€47k€35k▼
Furniture and vehicles24€229k€126k▼
Other tangible fixed assets26€3k€9k▲
Current assets29/58€455k€651k▲
Amounts receivable within one year40/41€29k€51k▲
Trade receivables40€13k€23k▲
Other amounts receivable41€16k€28k▲
Cash at bank and in hand54/58€417k€591k▲
Deferred charges and accrued income490/1€8k€9k▲
Equity and liabilities
Total equity and liabilities10/49€734k€821k▲
Equity10/15€507k€286k▼
Contributions10/11€50k€50k=
Profit (loss) carried forward14€457k€236k▼
Amounts payable17/49€227k€535k▲
Amounts payable after more than one year17€24k€10k▼
Financial debts170/4€24k€10k▼
Amounts payable within one year42/48€202k€525k▲
Current portion of amounts payable after more than one year42-€15k
Financial debts43€19k-
Credit institutions430/8€19k-
Trade debts44€63k€25k▼
Suppliers440/4€63k€25k▼
Advances received on contracts in progress46€4k€21k▲
Other amounts payable47/48€116k€465k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€115k€119k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€322k€297k▼
Operating profit (loss)9901€205k€177k▼
Financial income75/76B€566€364▼
Recurring financial income75€566€364▼
Financial charges65/66B€757€441▼
Recurring financial charges65€757€441▼
Profit (loss) for the period before taxes9903€205k€177k▼
Income taxes67/77€49k€44k▼
Profit (loss) for the period9904€156k€132k▼
Profit (loss) for the period to be appropriated9905€156k€132k▼
Appropriation of the result
Profit (loss) to be appropriated9906€457k€589k▲
Profit (loss) brought forward from the previous period14P€301k€457k▲
Profit to be distributed694/7-€353k
Return on contributions (dividend)694-€353k
The notes to these accounts (8 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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
31-12
Financial
Weakest financial yearnet €132k ▼15.1%
Net result drops to €132k, the lowest in the series.
02-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 2 days late
2024
31-12
Financial
Equity above €500kEq €507k ▲44.4%
3 profitable years in a row build equity to €507k.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Hamoir · 1 establishment unit since 2021
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.
Rue de Comblinay 184180 HamoirGround area
1,091 m²
Building footprint
107 m²
Volume, LiDAR
665 m³
Parcel 61014D0575/00R000, Wallonia · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Fagnoulle
since 20212.324.900.156
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61014D0575/00R000 | Wallonia | 1,091 m² | 1 · 107 m² | 9.4 m · 2 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
8 categoriesFagnoulle SRL41782
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Of 362 companies in sector 37000 we hold annual accounts for 205. 152 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-12-2021
Fiscal year end31-12
Activities, NACEBEL
37000Sewerage
42212Civil engineering
43120Site preparation
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.