FANALES
ActiveFANALES has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €356k and a net result of €-7k. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 51% of 4477 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability25▼-47
Solvency66▲+3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 1.91 against 1.9 in 2024; short-term debt: 50.5% and cash: 35.5% of total assets), but 58.9% 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 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
24 d late
2024
37 d early
2023
23 d late
2022
29 d late
2021
24 d early
2020
4 d early
2019
36 d early
← 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€356k▼ 2.0%
2024 · €364k
2018: €196k
2019: €244k
2020: €279k
2021: €289k
2022: €293k
2023: €303k
2024: €364k
2018 → 2025
Total assets
€867k▼ 8.5%
2024 · €947k
2018: €1.20M
2019: €1.33M
2020: €902k
2021: €756k
2022: €745k
2023: €790k
2024: €947k
2018 → 2025
Net result
€-7k
2024 · €103k
2018: €5k
2019: €48k
2020: €76k
2021: €10k
2022: €4k
2023: €10k
2024: €103k
2018 → 2025
Working capital
€398k▼ 8.1%
2024 · €434k
2018: €459k
2019: €486k
2020: €587k
2021: €328k
2022: €613k
2023: €334k
2024: €434k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€289k-€293k▲ 1.5%€303k▲ 3.3%€364k▲ 20.0%€356k▼ 2.0%
Operating result€37k-€14k▼ 62.4%€28k▲ 102%€150k▲ 434%€15k▼ 90.2%
Net result€10k-€4k▼ 56.2%€10k▲ 129%€103k▲ 949%€-7k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 90% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €867k
Fixed assets
€31k▼ 9.9%
Current assets
€836k▼ 8.4%
Equity and liabilities €867k
Equity
€356k▼ 2.0%
Debt
€510k▼ 12.5%
The debt ratio falls from 61.6% to 58.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€27k▼
2024 · €161k
Cash flow
€5k▼
2024 · €114k
Solvency
41.1%▲
2024 · 38.4%
Current ratio
1.91▲
2024 · 1.90
Quick ratio
1.35▲
2024 · 0.96
Debt / equity
1.43▼
2024 · 1.60
ROE
-2.1%▼
2024 · 28.2%
ROA
-0.9%▼
2024 · 10.8%
Interest coverage
0.94▼
2024 · 4.82
Debt
€510k▼
2024 · €583k
Debt ≤ 1 year
€438k▼
2024 · €479k
Income taxes
€70▼
2024 · €21k
Staff costs
€101k▲
2024 · €83k
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€947k€867k▼
Fixed assets21/28€34k€31k▼
Tangible fixed assets22/27€34k€31k▼
Plant, machinery and equipment23€24k€17k▼
Furniture and vehicles24€10k€13k▲
Current assets29/58€913k€836k▼
Stocks and contracts in progress3€452k€245k▼
Stocks30/36€31k€29k▼
Contracts in progress37€422k€216k▼
Amounts receivable within one year40/41€260k€277k▲
Trade receivables40€36k€33k▼
Other amounts receivable41€224k€244k▲
Cash at bank and in hand54/58€195k€308k▲
Deferred charges and accrued income490/1€6k€6k▲
Equity and liabilities
Total equity and liabilities10/49€947k€867k▼
Equity10/15€364k€356k▼
Contributions10/11€19k€19k=
Reserves13€345k€338k▼
Distributable reserves133€345k€338k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€583k€510k▼
Amounts payable within one year42/48€479k€438k▼
Current portion of amounts payable after more than one year42€15k€0▼
Financial debts43€7k€0▼
Credit institutions430/8€7k€0▼
Trade debts44€47k€68k▲
Suppliers440/4€47k€68k▲
Taxes, remuneration and social security45€18k€8k▼
Taxes450/3€18k€8k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€393k€362k▼
Accrued charges and deferred income492/3€104k€73k▼
Income statement
Code20242025
Non-recurring operating income76A-€207
Remuneration, social security and pensions62€83k€101k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€12k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-1k€394▲
Other operating charges640/8€5k€10k▲
Gross operating margin9900€248k€139k▼
Operating profit (loss)9901€150k€15k▼
Financial income75/76B€8k€7k▼
Recurring financial income75€8k€7k▼
Financial charges65/66B€33k€29k▼
Recurring financial charges65€33k€29k▼
Profit (loss) for the period before taxes9903€124k€-7k▼
Income taxes67/77€21k€70▼
Profit (loss) for the period9904€103k€-7k▼
Transfer from tax-exempt reserves789€0-
Profit (loss) for the period to be appropriated9905€103k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€103k€-7k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€257k€317k▲
Transfer to equity691/2€317k€310k▼
To other reserves6921€317k€310k▼
Profit to be distributed694/7€42k€0▼
Directors or managers695€42k€0▼
Social balance
Average headcount (FTE)90872.0-
The notes to these accounts (10 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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
31-12
Financial
Weakest financial yearnet €-7k ▼107%
Net result drops to €-7k, the lowest in the series.
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €103k ▲949%
Operating result €150k, net result €103k, both a record.
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 23 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
31-12
Financial
Liquidity quadruplescurrent ratio 6.58
Current ratio from 1.77 to 6.58; short-term debt falls from €425k to €110k.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €200kEq €244k ▲24.2%
2 profitable years in a row build equity to €244k.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Kontich · 2 establishment units since 2002
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.
Veldkant 352550 KontichGround area
4,270 m²
Building footprint
1,076 m²
Volume, LiDAR
8,718 m³
2 parcels, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Fanales
since 20022.114.704.027
Fanales Magazijn
since 20142.232.914.066
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11024B0079/00F000 | Flanders | 3,333 m² | 1 · 932 m² | 10.3 m · 3 fl. |
| 11021A0286/00H003 | Flanders | 937 m² | 1 · 144 m² | 10.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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
V.S.F. PARKEN EN TUINEN
BE 0500.906.416
Wetteren · Eq €356k
RESIGRASS
BE 0771.609.660
Antwerpen · Eq €357k
COMPAGNIE IMMOBILIERE DU PAYSAGE
BE 0894.367.417
Les Bons Villers · Eq €357k
JOFRARENT
BE 0861.569.044
Bilzen-Hoeselt · Eq €357k
HORTI PAN
BE 0886.359.076
Silly · Eq €358k
Of 21,218 companies in sector 81300 we hold annual accounts for 4,363. 2,958 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-09-2002
Fiscal year end31-12
Activities, NACEBEL
01410Raising of dairy cattle
43990Other specialised construction activities
43999Specialised construction activities
45250
81300Landscape service activities
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
43310Plastering work
43320Joinery installation
45310
45422
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.