FAHSI
ActiveSummary
The computed 12-month bankruptcy probability of FAHSI is 9.8% (elevated). For FAHSI, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€33,206) and a net result of -€12,219. Its solvency ranks better than 5% of 33665 sector peers (fiscal year 2023). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability0=
Solvency0=
Growth58
Track record94
Bankruptcy probability, 12 months
9.8%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Age of the figures
Age of the figures
33 mo
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
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline01-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 02-07-2024, 29 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
29 d early
2022
41 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 35 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Equity
-€33,206▼ 58.2%
2022 · -€20,987
Total assets
€4▼ 100.0%
2022 · €42,116
Net result
-€12,219▲ 46.8%
2022 · -€22,987
Working capital
-€33,206▲ 5.8%
2022 · -€35,249
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023
Operating result-€22,987--€12,219▲ 46.8%
Net result-€22,987below the sector's middle half--€12,219below the sector's middle half▲ 46.8%
Equity-€20,987below the sector's middle half--€33,206below the sector's middle half▼ 58.2%
Total assets€42,116below the sector's middle half-€4below the sector's middle half▼ 100.0%
Debt€63,103-€33,210▼ 47.4%
Working capital-€35,249below the sector's middle half--€33,206below the sector's middle half▲ 5.8%
Solvency-49.8%below the sector's middle half-
Current ratio0.44below the sector's middle half-
Return on assets (ROA)-54.6%below the sector's middle half-
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction 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
The operating result stays negative: a loss of €12,219 in 2023 against €22,987 in 2022; the loss shrinks.
Key figures and ratios
EBITDA
-€12,219▲
2022 · -€18,233
Cash flow
-€12,219▲
2022 · -€18,233
Debt ≤ 1 year
€33,210▼
2022 · €63,103
Ratios withheld: a balance sheet total of €4 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,754 | €0 | ▼ 100% |
| Other operating charges640/8 | - | €570 | - |
| Non-recurring operating charges66A | €909 | €9,262 | ▲ 919% |
| Gross operating margin9900 | -€17,324 | -€2,387 | ▲ 86.2% |
| Operating profit (loss)9901 | -€22,987 | -€12,219 | ▲ 46.8% |
| Financial charges65/66B | €0 | €0 | ▼ 100% |
| Recurring financial charges65 | €0 | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | -€22,987 | -€12,219 | ▲ 46.8% |
| Profit (loss) for the period9904 | -€22,987 | -€12,219 | ▲ 46.8% |
| Profit (loss) for the period to be appropriated9905 | -€22,987 | -€12,219 | ▲ 46.8% |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €42,116 | €4 | ▼ 100.0% |
| Fixed assets21/28 | €14,262 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €14,262 | €0 | ▼ 100% |
| Furniture and vehicles24 | €14,262 | €0 | ▼ 100% |
| Current assets29/58 | €27,855 | €4 | ▼ 100.0% |
| Amounts receivable within one year40/41 | €25,584 | €0 | ▼ 100% |
| Trade receivables40 | €24,670 | €0 | ▼ 100% |
| Other amounts receivable41 | €913 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €2,271 | €4 | ▼ 99.8% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €42,116 | €4 | ▼ 100.0% |
| Equity10/15 | -€20,987 | -€33,206 | ▼ 58.2% |
| Contributions10/11 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | -€22,987 | -€35,206 | ▼ 53.2% |
| Amounts payable17/49 | €63,103 | €33,210 | ▼ 47.4% |
| Amounts payable within one year42/48 | €63,103 | €33,210 | ▼ 47.4% |
| Trade debts44 | €32,465 | €1,262 | ▼ 96.1% |
| Suppliers440/4 | €32,465 | €1,262 | ▼ 96.1% |
| Taxes, remuneration and social security45 | - | €1 | - |
| Taxes450/3 | - | €1 | - |
| Other amounts payable47/48 | €30,638 | €31,947 | ▲ 4.3% |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€22,987 | -€12,219 | ▲ 46.8% |
| + Depreciation and write-downs630 | €4,754 | €0 | ▼ 100% |
| Operating cash flow (approximation) | -€18,233 | -€12,219 | ▲ 33.0% |
| Investment in fixed assets (approximation) | - | €14,262 | - |
| Change in cash | - | -€2,267 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
NBB filing
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Rumst · 1 establishment unit since 2024
Ground area
684 m²
Building footprint
509 m²
Volume, LiDAR
2,896 m³
Parcel 11036B0256/00R004, Flanders · tallest building 12.1 m, ±1 floor. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Brood en Zoet
since 20242.360.121.945
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11036B0256/00R004 | Flanders | 684 m² | 1 · 509 m² | 12.1 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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
2 categoriesFAHSI BV43581
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 15,518 companies in this sector we hold annual accounts for 7,427. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded23-09-2021
Fiscal year end31-12
Activities, NACEBEL 2025
10712Artisanal bread and fresh pastry making
43211General electrical installation work
43990Other specialised construction activities
47241Retail sale of bread and pastry (bakery outlets)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0774527380
Also
9925:BE0774527380
Registered
29-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.