FAGOO PROJECTS · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

FAGOO PROJECTS has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3k and a net result of €41k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 4760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Based on the State Gazette, CBE and 4 annual accounts.

Signals

2 signals · with evidence

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 4760 sector peers (2025).

View the sector comparison

Consistently profitable

Positive net result in the two most recent financial years (2024 and 2025).

View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-04-2026, 109 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

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.

How we compute the deadline

The year end is derived from 4 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2025, that is 31-07-2026.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	13-04-2026	109 d early	2026-00078191
31-12-2024	31-07-2025	27-06-2025	34 d early	2025-00190523
31-12-2023	31-07-2024	28-03-2024	125 d early	2024-00054649
31-12-2022	31-07-2023	19-07-2023	12 d early	2023-00256694

Source: the National Bank's deposit records, as we have ingested them. NOTE: our copy has a gap across June to August 2026, missing roughly 220,000 deposits; for July we hold 15,605 of about 137,000 expected. A year whose deadline falls in that window shows as not confirmed, not as not filed. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

More than 3 years active

Founded in 2022, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

0.4% Very low

0%0,5%1,5%4%10%≥25%

Lower-failure-rate sector −Young company +Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Timeline

What happened to this company, by date

State Gazette, CBE and NBB in one series

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

All 6 NBB filing 4 State Gazette act 2

2026

13-04-2026 NBB filing Annual accounts filed

fiscal year 2025 · micro schema

21-01-2026 State Gazette act Director changes

v3.2

2025

27-06-2025 NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

28-03-2024 NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

19-07-2023 NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

11-07-2022 State Gazette act Incorporation

oprichting

Financials

TurnoverNot published (micro schema)

EBIT marginNot published (micro schema)

Net result€41k+4.9%

Working capital€-9k

CSV export

Annual accounts & ratios

Source: NBB · 2025

Annual accounts filed on 13-04-2026 with the NBB · fiscal year 2025 · micro schema

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

volatile Too volatile to project: the yearly deviation from the trend is ~59% of the level (threshold 35%). We therefore deliberately show no projection line.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 70, Head offices & management consulting · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	3.4%	55.4%	better than 13% of 4760 sector peers
Net result	€41k	€38k	better than 53% of 4760 sector peers
Equity	€3k	€64k	better than 11% of 4761 sector peers
Gross operating margin	€63k	€61k	better than 51% of 4753 sector peers
Total assets	€89k	€146k	better than 31% of 4761 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P13

Stable position over 2022-2025 · n=4760-12490

Net result P53

Stable position over 2022-2025 · n=4760-12492

Equity P11

Stable position over 2022-2025 · n=4761-12498

Gross operating margin P51

Stable position over 2022-2025 · n=4753-12477

Describes the position versus peers, not a forecast.

EBITDA

€61k

+5.4% 22-25

Net profit

€41k

+4.9% 22-25

Cash flow

€49k

+6.5% 22-25

Total assets

€89k

-31.2% 22-25

Equity

€3k

-96.5% 22-25

Working capital

€-9k

- 22-25

Income taxes

€12k

+3.8% 22-25

Dividends

€123k

- 22-25

Show 10 other metrics

Debt

€86k

+92.1% 22-25

Debt ≤ 1y

€82k

+141.9% 22-25

Debt > 1y

€4k

-59.6% 22-25

Current ratio

0.89

-72.9% 22-25

Quick ratio

0.89

-72.9% 22-25

Solvency

3.4%

-94.8% 22-25

Debt / equity

28.67

+5313.3% 22-25

ROE

1370.7%

+2857.6% 22-25

ROA

46.2%

+52.5% 22-25

Interest coverage

168.89

+84.4% 22-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	micro schema
Revenue	-
EBITDA	€61k
Net profit	€41k
Cash flow	€49k
Staff costs	-
Income taxes	€12k
Dividends	€123k
Total assets	€89k
Equity	€3k
Debt	€86k
of which ≤ 1y	€82k
of which > 1y	€4k
Working capital	€-9k
Employees (FTE)	-

Ratios (computed)

	2025
Current ratio	0.89
Quick ratio	0.89
Working capital ratio	-10.2%
Solvency	3.4%
Debt / equity	28.67
Long-term debt ratio	1.49
Interest coverage	168.89
Gross margin	-
Net margin	-
ROA	46.2%
ROE	1370.7%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €17k · 18.7% Current assets €72k · 81.4%

Equity & liabilities

Equity €3k · 3.4% Debt €86k · 96.6%

Full annual accounts (22 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€89k
Fixed assets	21/28	€17k
Tangible fixed assets	22/27	€17k
Current assets	29/58	€72k
Amounts receivable within one year	40/41	€23k
Cash & bank	54/58	€48k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€89k
Equity	10/15	€3k
Contributions / capital	10/11	€3k
Reserves	13	€0
Accumulated profits (losses)	14	€0
Amounts payable	17/49	€86k
Amounts payable after one year	17	€4k
Amounts payable within one year	42/48	€82k
Trade debts payable within one year	44	€10k
Income statement
Gross operating margin	9900	€63k
Operating result	9901	€53k
Financial charges	65	€363
Result before taxes	9903	€53k
Income taxes	67/77	€12k
Net result for the period	9904	€41k
Result to be appropriated	9905	€41k

This table shows the latest fiscal year. 3 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2025 · computed

53 / 100 Fair

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Directors

Directors & mandates

1 director

Current directors & mandates

Floris Fagoo
Director
State Gazette act 26010099 (21-01-2026)

Current
21-01-2026 → present

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary	Activiteiten van hoofdkantoren(70100)
Legal form	Private limited company(610)
Incorporation	07-07-2022
Status	Active
Postal code	8690

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank

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.

Putstraat 518690 Alveringem

Establishment units

1 location

FAGOO PROJECTS

Putstraat 51, 8690 AlveringemHoldings

since 20222.333.239.186

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area851 m²

Buildings1

Building footprint157 m²

Volume (LiDAR)763 m³

Tallest building8.3 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)