FAKS
FAKS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €126k and a net result of €107k. Equity is shrinking by ~55.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 53% of 1416 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €126k |
| Net result | €107k |
| Better than sector | 53% |
| Active | 7 yrs |
Strong profile, led by profitability.
Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 40.4% | 37.5% | |
| Net result | €107k | €45k | |
| Equity | €126k | €365k | |
| Gross operating margin | €146k | €64k | |
| Employees (FTE) | 0.0 | 0.0 |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | micro schema |
| Revenue | n/a | n/a | n/a |
| EBITDA | n/a | n/a | n/a |
| Net profit | €107k | €118k | €61k |
| Cash flow | n/a | n/a | n/a |
| Staff costs | - | - | - |
| Income taxes | €37k | €36k | €21k |
| Dividends | €118k | €272k | - |
| Total assets | €311k | €259k | €334k |
| Equity | €126k | €136k | €278k |
| Debt | €185k | €123k | €56k |
| of which ≤ 1y | €185k | €117k | €31k |
| of which > 1y | €0 | €5k | €26k |
| Working capital | n/a | n/a | n/a |
| Employees (FTE) | 0.0 | - | - |
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Current ratio | n/a | n/a | n/a |
| Quick ratio | n/a | n/a | n/a |
| Working capital ratio | n/a | n/a | n/a |
| Solvency | 40.4% | 52.6% | 83.1% |
| Debt / equity | n/a | n/a | n/a |
| Long-term debt ratio | n/a | n/a | n/a |
| Interest coverage | n/a | n/a | n/a |
| Gross margin | n/a | n/a | n/a |
| Net margin | n/a | n/a | n/a |
| ROA | 34.5% | 45.4% | 18.3% |
| ROE | 85.2% | 86.3% | 22.0% |
| EBITDA margin | n/a | n/a | n/a |
| Days sales outstanding | n/a | n/a | n/a |
| Days payable outstanding | n/a | n/a | n/a |
| Inventory turnover | n/a | n/a | n/a |
| Days inventory (DSI) | n/a | n/a | n/a |
Full annual accounts (24 line items)
| Line item | Code | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €311k | €259k | €334k |
| Fixed assets | 21/28 | €150k | €150k | €151k |
| Tangible fixed assets | 22/27 | €49 | €486 | €1k |
| Financial fixed assets | 28 | €150k | €150k | €150k |
| Current assets | 29/58 | €161k | €108k | €183k |
| Amounts receivable within one year | 40/41 | €70k | €64k | €16k |
| Cash & bank | 54/58 | €90k | €43k | €167k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €311k | €259k | €334k |
| Equity | 10/15 | €126k | €136k | €278k |
| Contributions / capital | 10/11 | €19k | €19k | €6k |
| Reserves | 13 | €107k | - | - |
| Accumulated profits (losses) | 14 | €0 | €118k | €272k |
| Amounts payable | 17/49 | €185k | €123k | €56k |
| Amounts payable after one year | 17 | €0 | €5k | €26k |
| Amounts payable within one year | 42/48 | €185k | €117k | €31k |
| Trade debts payable within one year | 44 | €897 | €1k | €24 |
| Income statement | ||||
| Gross operating margin | 9900 | €146k | €138k | €83k |
| Operating result | 9901 | €145k | €136k | €81k |
| Financial income | 75 | €0 | €18k | €3k |
| Financial charges | 65 | €985 | €1k | €2k |
| Result before taxes | 9903 | €144k | €153k | €83k |
| Income taxes | 67/77 | €37k | €36k | €21k |
| Net result for the period | 9904 | €107k | €118k | €61k |
| Result to be appropriated | 9905 | €107k | €118k | €61k |
| NACE primary | Activities of holding companies(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 15-03-2019 |
| Status | Active |
| Postal code | 2018 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1236/00Y002 | Flanders | 421 m² | 1 · 346 m² | 25.8 m · 4 fl. |
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
| Legal nameNL | FAKS |