FAIA
ActiveFAIA has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26k and a net result of €10k. Equity is growing by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 77% of 1526 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▲+8
Solvency88▲+27
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.49 against 1.44 in 2024; short-term debt: 36.3% and cash: 52.2% of total assets), and 36.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← 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
63.4%
Return on assets
23.8%
Age of the figures
9 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
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 16-07-2026, 15 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
15 d early
2024
64 d early
2023
29 d late
2022
3 d late
2021
29 d late
2020
25 d late
2019
54 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€26k▲ 60.0%
2024 · €17k
2018: €13k
2019: €16k
2020: €31k
2021: €56k
2022: €17k
2023: €15k
2024: €17k
2018 → 2025
Total assets
€42k▼ 9.6%
2024 · €46k
2018: €19k
2019: €31k
2020: €39k
2021: €61k
2022: €42k
2023: €57k
2024: €46k
2018 → 2025
Net result
€10k▲ 399%
2024 · €2k
2018: €556
2019: €3k
2020: €15k
2021: €19k
2022: €-31k
2023: €-3k
2024: €2k
2018 → 2025
Working capital
€22k▲ 73.1%
2024 · €13k
2018: €13k
2019: €17k
2020: €31k
2021: €54k
2022: €16k
2023: €13k
2024: €13k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€56k-€17k▼ 69.3%€15k▼ 15.5%€17k▲ 13.7%€26k▲ 60.0%
Operating result€26k-€-30k€-2k▲ 91.8%€2k€14k▲ 569%
Net result€19k-€-31k€-3k▲ 91.3%€2k€10k▲ 399%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 569% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €42k
Fixed assets
€4k▲ 10.6%
Current assets
€38k▼ 11.3%
Equity and liabilities €42k
Equity
€26k▲ 60.0%
Debt
€15k▼ 48.4%
The debt ratio falls from 64.2% to 36.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€15k▲
2024 · €3k
Cash flow
€11k▲
2024 · €3k
Solvency
63.4%▲
2024 · 35.8%
Current ratio
2.49▲
2024 · 1.44
Quick ratio
2.09▲
2024 · 0.88
Debt / equity
0.58▼
2024 · 1.79
ROE
37.5%▲
2024 · 12.0%
ROA
23.8%▲
2024 · 4.3%
Interest coverage
4.07▼
2024 · 59.41
Debt
€15k▼
2024 · €30k
Debt ≤ 1 year
€15k▼
2024 · €29k
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€46k€42k▼
Fixed assets21/28€4k€4k▲
Tangible fixed assets22/27€4k€4k▲
Plant, machinery and equipment23€2k€3k▲
Furniture and vehicles24€2k€1k▼
Current assets29/58€42k€38k▼
Stocks and contracts in progress3€17k€6k▼
Stocks30/36€17k€6k▼
Amounts receivable within one year40/41€22k€10k▼
Trade receivables40€22k€5k▼
Other amounts receivable41€0€5k▲
Cash at bank and in hand54/58€3k€22k▲
Deferred charges and accrued income490/1€102€103▲
Equity and liabilities
Total equity and liabilities10/49€46k€42k▼
Equity10/15€17k€26k▲
Contributions10/11€19k€19k=
Reserves13€29k€29k=
Distributable reserves133€29k€29k=
Profit (loss) carried forward14€-31k€-21k▲
Amounts payable17/49€30k€15k▼
Amounts payable within one year42/48€29k€15k▼
Trade debts44€8k€3k▼
Suppliers440/4€8k€3k▼
Taxes, remuneration and social security45€2k€759▼
Taxes450/3€2k€759▼
Other amounts payable47/48€20k€12k▼
Accrued charges and deferred income492/3€168€158▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▲
Other operating charges640/8€1k€515▼
Gross operating margin9900€4k€15k▲
Operating profit (loss)9901€2k€14k▲
Financial income75/76B€9€0▼
Recurring financial income75€9€0▼
Financial charges65/66B€54€4k▲
Recurring financial charges65€54€4k▲
Profit (loss) for the period before taxes9903€2k€10k▲
Profit (loss) for the period9904€2k€10k▲
Profit (loss) for the period to be appropriated9905€2k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-31k€-21k▲
Profit (loss) brought forward from the previous period14P€-33k€-31k▲
The notes to these accounts (5 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
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
03-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 3 days late
2022
31-12
Financial
Weakest financial yearnet €-31k ▼266%
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
2021
31-12
Financial
Highest result since 2018net €19k ▲23.4%
Operating result €26k, net result €19k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 11.57
Current ratio from 5.35 to 11.57; short-term debt falls from €7k to €5k.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 25 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 5.35
Current ratio from 2.22 to 5.35; short-term debt falls from €14k to €7k.
23-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 54 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Hasselt · 1 establishment unit since 2018
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.
Luikersteenweg 2083500 HasseltGround area
212 m²
Building footprint
96 m²
Volume, LiDAR
551 m³
Parcel 71328D0286/00D025, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FAIA
since 20182.273.427.008
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71328D0286/00D025 | Flanders | 212 m² | 1 · 96 m² | 9.6 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
Food safety, FASFC
1 siteHasselt2.273.427.008
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Of 395 companies in sector 10890 we hold annual accounts for 225. 98 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-02-2018
Fiscal year end31-12
Activities, NACEBEL
10890Manufacture of food products
46170Agents in the wholesale of food, beverages and tobacco
46180Agents specialised in the wholesale of other particular products
46190Agents in non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.