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FAHSI

Active
Private limited companyfounded 2021active for 5 yearsLaarstraat 3, 2840 Rumst, BelgiumKBO/BCE: BE 0774.527.380
Summary

The computed 12-month bankruptcy probability of FAHSI is 7.1% (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 33,185 sector peers (NACE 43, financial year 2023). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2023, micro format

2024 annual accounts not yet filed, deadline passed on 31 July 2025 Financial year closed on 31 December 2024; filing due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 22 October 2026.

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

2022 to 2023, 2 financial years

The operating result stays negative: a loss of €12,219 in 2023 against €22,987 in 2022; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€12,219 2023 Net result-€12,219 2023

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.

Every figure with its change against the financial 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 of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Key figures and ratios
2023 value · change against 2022
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
Filed annual accounts As filed with the NBB · 2023 against 2022 · 32 lines
Balance sheet Code20222023
Assets
Total assets20/58€42,116€4▼
Fixed assets21/28€14,262€0▼
Tangible fixed assets22/27€14,262€0▼
Furniture and vehicles24€14,262€0▼
Current assets29/58€27,855€4▼
Amounts receivable within one year40/41€25,584€0▼
Trade receivables40€24,670€0▼
Other amounts receivable41€913€0▼
Cash at bank and in hand54/58€2,271€4▼
Equity and liabilities
Total equity and liabilities10/49€42,116€4▼
Equity10/15-€20,987-€33,206▼
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14-€22,987-€35,206▼
Amounts payable17/49€63,103€33,210▼
Amounts payable within one year42/48€63,103€33,210▼
Trade debts44€32,465€1,262▼
Suppliers440/4€32,465€1,262▼
Taxes, remuneration and social security45-€1
Taxes450/3-€1
Other amounts payable47/48€30,638€31,947▲
Income statement Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,754€0▼
Other operating charges640/8-€570
Non-recurring operating charges66A€909€9,262▲
Gross operating margin9900-€17,324-€2,387▲
Operating profit (loss)9901-€22,987-€12,219▲
Financial charges65/66B€0€0▼
Recurring financial charges65€0€0▼
Profit (loss) for the period before taxes9903-€22,987-€12,219▲
Profit (loss) for the period9904-€22,987-€12,219▲
Profit (loss) for the period to be appropriated9905-€22,987-€12,219▲
Appropriation of the result
Profit (loss) to be appropriated9906-€22,987-€35,206▼
Profit (loss) brought forward from the previous period14P--€22,987

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20222023Change
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%
Line20222023Change
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%
Line20222023Change
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.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2023 micro format 02-07-2024 2024-00194362
31-12-2022 micro format 20-06-2023 2023-00138768

Similar companies · same sector and region

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 the 15,149 active companies whose main activity is other specialised construction activities (NACE 43990), figures are known for 7,362. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.