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FairPro

Active
Private limited companyfounded 20215 yrs activeMolenweg 76, 1780 Wemmel, BelgiumKBO/BCE: BE 0769.894.839
Summary

The computed 12-month bankruptcy probability of FairPro is 2.2% (moderate). The 2025 annual accounts show equity of €21,736 and a net result of €18,875. Equity is growing by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 14% of 28051 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability80▲+73
Solvency35▲+8
Growth78▲+46
Track record94
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity tight (current ratio 1.07 against 0.93 in 2024; short-term debt: 89.7% and cash: 20.4% of total assets), and 89.7% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
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 →
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
10.3%
Return on assets
8.9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 28051 sector peers (2025).
NBB · sector comparison
Position among 28051 sector peers
Solvency
better than 14%
← weakest strongest →
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 14-07-2026, 17 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
17 d early
2024
55 d early
2023
27 d early
2022
40 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 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 (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.
Companies Code · seven months
Position in the running window
26-09-2026 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

FairPro was incorporated on 21 June 2021 as a Private limited company.1 Total assets rose from EUR 46,320 in 2022 to EUR 211,882 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€21,736▲ 660%
2024 · €2,860
Total assets
€211,882▲ 20.9%
2024 · €175,183
Net result
€18,875
2024 · -€15,857
Working capital
€13,225
2024 · -€11,870
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2022202320242025
Operating result€14,307-€5,555▼ 61.2%-€10,826€22,271
Net result€11,144-€2,573▼ 76.9%-€15,857€18,875
Equity€16,144-€18,717▲ 15.9%€2,860▼ 84.7%€21,736▲ 660%
Total assets€46,320-€159,553▲ 244%€175,183▲ 9.8%€211,882▲ 20.9%
Debt€30,176-€140,837▲ 367%€172,323▲ 22.4%€190,146▲ 10.3%
Working capital-€156-€1,929-€11,870€13,225
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0€10,000€20,000Operating result 2022: €14,307€14,307Net result 2022: €11,144€11,144Operating result 2023: €5,555€5,555Net result 2023: €2,573€2,573Operating result 2024: -€10,826-€10,826Net result 2024: -€15,857-€15,857Operating result 2025: €22,271€22,271Net result 2025: €18,875€18,8752022202320242025-€20,000-€10,000€0€10,000€20,000Operating result 2023: €5,555€5,560Net result 2023: €2,573€2,570Operating result 2024: -€10,826-€10,800Net result 2024: -€15,857-€15,900Operating result 2025: €22,271€22,300Net result 2025: €18,875€18,900202320242025
The operating result returns to profit in 2025: €22,271 after a loss of €10,826 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €211,882
Fixed assets €8,526 ▼ 43.9%
Current assets €203,355 ▲ 27.1%
Equity and liabilities €211,882
Equity €21,736 ▲ 660%
Debt €190,146 ▲ 10.3%
Debt's share of the balance-sheet total falls from 98.4% to 89.7%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€28,954▲
2024 · -€4,142
Cash flow
€25,559▲
2024 · -€9,173
Current ratio
1.07▲
2024 · 0.93
Quick ratio
0.81▲
2024 · 0.21
Debt to equity
8.75▼
2024 · 60.25
ROE
86.8%▲
2024 · -554.4%
ROA
8.9%▲
2024 · -9.1%
Interest coverage
11.66▲
2024 · -0.82
Debt ≤ 1 year
€190,131▲
2024 · €171,843
Income taxes
€915
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 · 2025 against 2024 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€175,183€211,882▲
Fixed assets21/28€15,210€8,526▼
Tangible fixed assets22/27€15,210€8,526▼
Furniture and vehicles24€15,210€8,526▼
Current assets29/58€159,973€203,355▲
Stocks and contracts in progress3€123,651€49,104▼
Stocks30/36€123,651€49,104▼
Amounts receivable within one year40/41€27,246€110,962▲
Trade receivables40€21,626€35,187▲
Other amounts receivable41€5,620€75,775▲
Cash at bank and in hand54/58€9,072€43,248▲
Deferred charges and accrued income490/1€4€41▲
Equity and liabilities
Total equity and liabilities10/49€175,183€211,882▲
Equity10/15€2,860€21,736▲
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€2,140€16,736▲
Amounts payable17/49€172,323€190,146▲
Amounts payable within one year42/48€171,843€190,131▲
Current portion of amounts payable after more than one year42€4,532-
Financial debts43€86,250-
Credit institutions430/8€86,250-
Trade debts44€1,239€14,324▲
Suppliers440/4€1,239€14,324▲
Taxes, remuneration and social security45€1,406€3,802▲
Taxes450/3€1,406€3,802▲
Other amounts payable47/48€78,416€172,005▲
Accrued charges and deferred income492/3€480€16▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,683€6,683=
Other operating charges640/8€14,457€2,989▼
Gross operating margin9900€10,314€31,943▲
Operating profit (loss)9901-€10,826€22,271▲
Financial income75/76B-€3
Recurring financial income75-€3
Financial charges65/66B€5,031€2,482▼
Recurring financial charges65€5,031€2,482▼
Profit (loss) for the period before taxes9903-€15,857€19,791▲
Income taxes67/77-€915
Profit (loss) for the period9904-€15,857€18,875▲
Profit (loss) for the period to be appropriated9905-€15,857€18,875▲
Appropriation of the result
Profit (loss) to be appropriated9906-€2,140€16,736▲
Profit (loss) brought forward from the previous period14P€13,717-€2,140▼

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

Line2022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,675€6,594€6,683€6,683=
Other operating charges640/8€50€2,749€14,457€2,989▼ 79.3%
Gross operating margin9900€16,032€14,899€10,314€31,943▲ 210%
Operating profit (loss)9901€14,307€5,555-€10,826€22,271▲ 306%
Financial income75/76B€18€1-€3-
Recurring financial income75€18€1-€3-
Financial charges65/66B€311€2,168€5,031€2,482▼ 50.7%
Recurring financial charges65€311€2,168€5,031€2,482▼ 50.7%
Profit (loss) for the period before taxes9903€14,014€3,388-€15,857€19,791▲ 225%
Income taxes67/77€2,870€816-€915-
Profit (loss) for the period9904€11,144€2,573-€15,857€18,875▲ 219%
Profit (loss) for the period to be appropriated9905€11,144€2,573-€15,857€18,875▲ 219%
Line2022202320242025Change
Assets
Total assets20/58€46,320€159,553€175,183€211,882▲ 20.9%
Fixed assets21/28€25,162€21,893€15,210€8,526▼ 43.9%
Tangible fixed assets22/27€25,162€21,893€15,210€8,526▼ 43.9%
Furniture and vehicles24€25,162€21,893€15,210€8,526▼ 43.9%
Current assets29/58€21,158€137,660€159,973€203,355▲ 27.1%
Stocks and contracts in progress3-€108,847€123,651€49,104▼ 60.3%
Stocks30/36-€108,847€123,651€49,104▼ 60.3%
Amounts receivable within one year40/41€20,188€23,983€27,246€110,962▲ 307%
Trade receivables40€15,430€18,543€21,626€35,187▲ 62.7%
Other amounts receivable41€4,758€5,440€5,620€75,775▲ 1,248%
Cash at bank and in hand54/58€938€4,671€9,072€43,248▲ 377%
Deferred charges and accrued income490/1€32€159€4€41▲ 1,000%
Equity and liabilities
Total equity and liabilities10/49€46,320€159,553€175,183€211,882▲ 20.9%
Equity10/15€16,144€18,717€2,860€21,736▲ 660%
Contributions10/11€5,000€5,000€5,000€5,000=
Profit (loss) carried forward14€11,144€13,717-€2,140€16,736▲ 882%
Amounts payable17/49€30,176€140,837€172,323€190,146▲ 10.3%
Amounts payable after more than one year17€8,862€4,532---
Financial debts170/4€8,862€4,532---
Amounts payable within one year42/48€21,314€135,731€171,843€190,131▲ 10.6%
Current portion of amounts payable after more than one year42€4,138€4,330€4,532--
Financial debts43-€86,250€86,250--
Credit institutions430/8-€86,250€86,250--
Trade debts44€285€1,666€1,239€14,324▲ 1,056%
Suppliers440/4€285€1,666€1,239€14,324▲ 1,056%
Taxes, remuneration and social security45€2,870€816€1,406€3,802▲ 170%
Taxes450/3€2,870€816€1,406€3,802▲ 170%
Other amounts payable47/48€14,022€42,669€78,416€172,005▲ 119%
Accrued charges and deferred income492/3-€574€480€16▼ 96.7%
Line2022202320242025Change
Profit (loss) for the period9904€11,144€2,573-€15,857€18,875▲ 219%
+ Depreciation and write-downs630€1,675€6,594€6,683€6,683=
Operating cash flow (approximation)€12,819€9,167-€9,173€25,559▲ 379%
Investment in fixed assets (approximation)--€3,326€0€0-
Change in cash-€3,733€4,402€34,176▲ 676%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
14-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Back to profitnet €18,875
Net result €18,875 after one loss-making year.
06-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet -€15,857
Net result drops to -€15,857, the lowest in the series; recovery starts the following year.
04-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
21-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Wemmel · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
745 m²
Building footprint
239 m²
Volume, LiDAR
1,245 m³
2 parcels, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Albrecht Rodenbachstraat 18, 1780 Wemmel
Manufacture of electrical equipment
since 20212.318.748.178
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
22005A0710/00M000 Flanders 520 m² 1 · 169 m² 7.7 m · 1 fl.
22005A0644/00G008 Flanders 225 m² 1 · 70 m² 10.8 m · 3 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.

Similar companies · same sector, comparable size

Of 15,521 companies in sector 43990 we hold annual accounts for 7,416. 5,303 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
Founded21-06-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities

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