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FAGOT

Active
Private limited company (pre-2019)founded 198046 yrs activeVan Bellinghenlaan 64, 1910 Kampenhout, BelgiumKBO/BCE: BE 0420.646.735
Summary

FAGOT has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €340,465 and a net result of €6,135. Equity is growing by ~11.5% per year across the filed fiscal years. Its solvency ranks better than 34% of 31958 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability70▼-18
Solvency61▼-22
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity tight (current ratio 1.19 against 0.91 in 2024; short-term debt: 20.3% and cash: 7.3% of total assets), and 64.4% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 46 years 0 50 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
35.6%
Return on assets
0.6%
Age of the figures
9 mo
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 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
21 d early
2024
69 d early
2023
56 d late
2022
31 d late
2021
61 d late
2020
61 d late
2019
68 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 27 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed 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. Usually files around 31 August (4 of the last 5 filed years within 52 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 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

FAGOT was incorporated on 4 August 1980.1 Total assets rose from EUR 760,906 in 2018 to EUR 957,671 in 2025.2

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

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Financials · fiscal year 2025, micro schema

Equity
€340,465▲ 1.8%
2024 · €334,330
Total assets
€957,671▲ 65.8%
2024 · €577,465
Net result
€6,135▼ 93.2%
2024 · €89,755
Working capital
€36,154
2024 · -€22,374
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€40,224▲ 93.2%€57,939▲ 44.0%€72,030▲ 24.3%€4,969▼ 93.1%€9,453▲ 90.2%
Net result€15,350within the sector's middle half▲ 184%€27,220within the sector's middle half▲ 77.3%€35,821within the sector's middle half▲ 31.6%€89,755above the sector's middle half▲ 151%€6,135within the sector's middle half▼ 93.2%
Equity€181,534within the sector's middle half▲ 6.0%€208,754within the sector's middle half▲ 15.0%€244,575above the sector's middle half▲ 17.2%€334,330above the sector's middle half▲ 36.7%€340,465above the sector's middle half▲ 1.8%
Total assets€891,487above the sector's middle half▼ 6.0%€911,449above the sector's middle half▲ 2.2%€812,082above the sector's middle half▼ 10.9%€577,465above the sector's middle half▼ 28.9%€957,671above the sector's middle half▲ 65.8%
Debt€709,952▼ 8.6%€702,695▼ 1.0%€567,507▼ 19.2%€243,136▼ 57.2%€617,206▲ 154%
Working capital-€120,452below the sector's middle half▼ 2,252%-€37,512below the sector's middle half▲ 68.9%-€71,989below the sector's middle half▼ 91.9%-€22,374below the sector's middle half▲ 68.9%€36,154within the sector's middle half
Solvency20.4%below the sector's middle half▲ 2.3pp22.9%below the sector's middle half▲ 2.5pp30.1%within the sector's middle half▲ 7.2pp57.9%within the sector's middle half▲ 27.8pp35.6%within the sector's middle half▼ 22.3pp
Current ratio0.58below the sector's middle half▼ 0.390.86below the sector's middle half▲ 0.270.70below the sector's middle half▼ 0.160.91below the sector's middle half▲ 0.211.19within the sector's middle half▲ 0.28
Return on assets (ROA)1.7%within the sector's middle half▲ 1.2pp3.0%within the sector's middle half▲ 1.3pp4.4%within the sector's middle half▲ 1.4pp15.5%within the sector's middle half▲ 11.1pp0.6%below the sector's middle half▼ 14.9pp
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25,000€50,000€75,000€100,000Operating result 2021: €40,224€40,224Net result 2021: €15,350€15,350Operating result 2022: €57,939€57,939Net result 2022: €27,220€27,220Operating result 2023: €72,030€72,030Net result 2023: €35,821€35,821Operating result 2024: €4,969€4,969Net result 2024: €89,755€89,755Operating result 2025: €9,453€9,453Net result 2025: €6,135€6,13520212022202320242025€0€25,000€50,000€75,000€100,000Operating result 2023: €72,030€72,000Net result 2023: €35,821€35,800Operating result 2024: €4,969€4,970Net result 2024: €89,755€89,800Operating result 2025: €9,453€9,450Net result 2025: €6,135€6,130202320242025
The operating result recovers in 2025; 2025 is 90% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €957,671
Fixed assets €727,218 ▲ 101%
Current assets €230,452 ▲ 6.7%
Equity and liabilities €957,671
Equity €340,465 ▲ 1.8%
Debt €617,206 ▲ 154%
Debt's share of the balance-sheet total rises from 42.1% to 64.4%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€91,145▲
2024 · €47,176
Cash flow
€87,827▼
2024 · €131,962
Debt to equity
1.81▲
2024 · 0.73
ROE
1.8%▼
2024 · 26.8%
Interest coverage
83.90▲
2024 · 14.00
Debt ≤ 1 year
€194,298▼
2024 · €238,341
Debt > 1 year
€418,113▲
2024 · €0
Income taxes
€2,266▼
2024 · €12,488
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.2% went bankrupt
3.5% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

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 14,732 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 · 52 lines
Balance sheet Code20242025
Assets
Total assets20/58€577,465€957,671▲
Fixed assets21/28€361,498€727,218▲
Tangible fixed assets22/27€344,022€709,743▲
Land and buildings22€343,285€709,289▲
Plant, machinery and equipment23€189€110▼
Furniture and vehicles24€549€344▼
Financial fixed assets28€17,476€17,476=
Current assets29/58€215,967€230,452▲
Amounts receivable within one year40/41€97,554€68,695▼
Trade receivables40€23,045€29,029▲
Other amounts receivable41€74,509€39,666▼
Current investments50/53€25,000€25,000=
Cash at bank and in hand54/58€40,487€70,017▲
Deferred charges and accrued income490/1€52,927€66,741▲
Equity and liabilities
Total equity and liabilities10/49€577,465€957,671▲
Equity10/15€334,330€340,465▲
Contributions10/11€50,000€50,000=
Reserves13€135,576€135,576=
Non-distributable reserves130/1€10,000€10,000=
Reserves not available under the articles1311€10,000€10,000=
Distributable reserves133€125,576€125,576=
Profit (loss) carried forward14€148,754€154,889▲
Amounts payable17/49€243,136€617,206▲
Amounts payable after more than one year17€0€418,113▲
Financial debts170/4-€418,113
Other amounts payable178/9€0-
Amounts payable within one year42/48€238,341€194,298▼
Current portion of amounts payable after more than one year42€0€22,887▲
Trade debts44€12,480€12,707▲
Suppliers440/4€12,480€12,707▲
Taxes, remuneration and social security45€10,453€7,051▼
Taxes450/3€10,453€7,051▼
Other amounts payable47/48€215,408€151,654▼
Accrued charges and deferred income492/3€4,795€4,795=
Income statement Code20242025
Non-recurring operating income76A-€10,000
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42,207€81,692▲
Other operating charges640/8€10,209€7,364▼
Gross operating margin9900€57,385€98,509▲
Operating profit (loss)9901€4,969€9,453▲
Financial income75/76B€100,643€34▼
Recurring financial income75€100,643€34▼
Financial charges65/66B€3,370€1,086▼
Recurring financial charges65€3,370€1,086▼
Profit (loss) for the period before taxes9903€102,242€8,401▼
Income taxes67/77€12,488€2,266▼
Profit (loss) for the period9904€89,755€6,135▼
Profit (loss) for the period to be appropriated9905€89,755€6,135▼
Appropriation of the result
Profit (loss) to be appropriated9906€238,509€154,889▼
Profit (loss) brought forward from the previous period14P€148,754€148,754=
Transfer to equity691/2€89,755€0▼
To other reserves6921€89,755€0▼

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A----€10,000-
Remuneration, social security and pensions62--€194€0--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€63,001€53,304€42,413€42,207€81,692▲ 93.6%
Other operating charges640/8€7,024€6,699€9,220€10,209€7,364▼ 27.9%
Gross operating margin9900€110,249€117,942€123,858€57,385€98,509▲ 71.7%
Operating profit (loss)9901€40,224€57,939€72,030€4,969€9,453▲ 90.2%
Financial income75/76B€5€2,268€0€100,643€34▼ 100.0%
Recurring financial income75€5€2,268€0€100,643€34▼ 100.0%
Financial charges65/66B€18,292€18,895€19,036€3,370€1,086▼ 67.8%
Recurring financial charges65€18,292€18,895€19,036€3,370€1,086▼ 67.8%
Profit (loss) for the period before taxes9903€21,936€41,312€52,994€102,242€8,401▼ 91.8%
Income taxes67/77€6,587€14,093€17,173€12,488€2,266▼ 81.9%
Profit (loss) for the period9904€15,350€27,220€35,821€89,755€6,135▼ 93.2%
Profit (loss) for the period to be appropriated9905€15,350€27,220€35,821€89,755€6,135▼ 93.2%
Line20212022202320242025Change
Assets
Total assets20/58€891,487€911,449€812,082€577,465€957,671▲ 65.8%
Fixed assets21/28€723,002€686,947€644,534€361,498€727,218▲ 101%
Tangible fixed assets22/27€464,698€428,643€386,229€344,022€709,743▲ 106%
Land and buildings22€424,981€401,277€372,281€343,285€709,289▲ 107%
Plant, machinery and equipment23€1,382€1,918€950€189€110▼ 41.9%
Furniture and vehicles24€38,335€25,448€12,999€549€344▼ 37.3%
Financial fixed assets28€258,305€258,305€258,305€17,476€17,476=
Current assets29/58€168,484€224,502€167,548€215,967€230,452▲ 6.7%
Amounts receivable within one year40/41€142,296€39,055€68,424€97,554€68,695▼ 29.6%
Trade receivables40€120,395-€22,027€23,045€29,029▲ 26.0%
Other amounts receivable41€21,901€39,055€46,398€74,509€39,666▼ 46.8%
Current investments50/53---€25,000€25,000=
Cash at bank and in hand54/58€26,188€163,020€42,997€40,487€70,017▲ 72.9%
Deferred charges and accrued income490/1-€22,426€56,127€52,927€66,741▲ 26.1%
Equity and liabilities
Total equity and liabilities10/49€891,487€911,449€812,082€577,465€957,671▲ 65.8%
Equity10/15€181,534€208,754€244,575€334,330€340,465▲ 1.8%
Contributions10/11€50,000€50,000€50,000€50,000€50,000=
Reserves13€10,000€10,000€45,821€135,576€135,576=
Non-distributable reserves130/1€10,000€10,000€10,000€10,000€10,000=
Reserves not available under the articles1311€10,000€10,000€10,000€10,000€10,000=
Distributable reserves133--€35,821€125,576€125,576=
Profit (loss) carried forward14€121,534€148,754€148,754€148,754€154,889▲ 4.1%
Amounts payable17/49€709,952€702,695€567,507€243,136€617,206▲ 154%
Amounts payable after more than one year17€391,573€435,887€310,000€0€418,113-
Financial debts170/4€161,573€125,887--€418,113-
Other amounts payable178/9€230,000€310,000€310,000€0--
Amounts payable within one year42/48€288,936€262,014€239,537€238,341€194,298▼ 18.5%
Current portion of amounts payable after more than one year42€36,742€35,904€11,323€0€22,887-
Financial debts43€20,000-----
Credit institutions430/8€20,000-----
Trade debts44€72,024€110,323€34,008€12,480€12,707▲ 1.8%
Suppliers440/4€72,024€110,323€34,008€12,480€12,707▲ 1.8%
Taxes, remuneration and social security45€25,541€5,680€5,771€10,453€7,051▼ 32.5%
Taxes450/3€25,541€5,680€5,771€10,453€7,051▼ 32.5%
Other amounts payable47/48€134,628€110,107€188,435€215,408€151,654▼ 29.6%
Accrued charges and deferred income492/3€29,444€4,795€17,970€4,795€4,795=
Line20212022202320242025Change
Profit (loss) for the period9904€15,350€27,220€35,821€89,755€6,135▼ 93.2%
+ Depreciation and write-downs630€63,001€53,304€42,413€42,207€81,692▲ 93.6%
Operating cash flow (approximation)€78,351€80,524€78,234€131,962€87,827▼ 33.4%
Investment in fixed assets (approximation)--€17,249€0€240,829-€447,413▼ 286%
Change in cash-€136,832-€120,023-€2,510€29,530▲ 1,276%

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

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
10-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
23-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €89,755 ▲151%
Net result €89,755, the highest in the series.
25-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 56 days late
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial Equity above €200,000Eq €208,754 ▲15%
3 profitable years in a row build equity to €208,754.
30-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
30-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial Back to profitnet €5,400
Net result €5,400 after one loss-making year.
07-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 68 days late
2019
31-12
Financial Weakest financial yearnet -€21,492
Net result drops to -€21,492, the lowest in the series; recovery starts the following year.
27-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
29-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
28-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts

We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
7 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, Kampenhout · 1 establishment unit since 1981
seat establishment The establishment unit on the map
Ground area
1,635 m²
Building footprint
397 m²
Volume, LiDAR
4,111 m³
2 parcels, Flanders · tallest building 16.8 m, ±5 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Grotewinkellaan 81, 1853 Grimbergen
NACE 7414201
since 19812.017.992.552
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23055A0086/00G003 Flanders 1,269 m² 1 · 181 m² 8.5 m · 2 fl.
23084A0333/00T003 Flanders 366 m² 1 · 216 m² 16.8 m · 5 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2023 to 2024 · 2 entries · 230 EUR awarded · 230 EUR paid
Year Entries awardedpaid
2024 1 117 EUR117 EUR
2023 1 113 EUR113 EUR
Schemes
2 entries · 230 EUR · 230 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Legal Entity Identifier

8945008YKFU6J37YQ163
live in the LEI register

Similar companies · same sector, comparable size

Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 37,399 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded04-08-1980
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0420646735
Also 9925:BE0420646735
Registered 27-08-2023

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

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