FASSI.BE
ActiveFASSI.BE has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.46M and a net result of €636k. Equity is growing by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 34% of 6007 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
81
/ 100
Excellent▲ +21 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency53▲+19
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity tight (current ratio 1.34 against 1.21 in 2023), and 71.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
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 2024Solvency, return and age of the figures
Solvency
28.8%
Return on assets
12.5%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-07-2025, 27 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
27 d early
2023
30 d early
2022
5 d early
2021
25 d early
2020
32 d early
2019
19 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€636k▲ 124%
2023 · €283k
2018: €235k
2019: €423k
2020: €380k
2021: €445k
2022: €540k
2023: €283k
2018 → 2024
Working capital
€694k▲ 22.5%
2023 · €567k
2018: €311k
2019: €568k
2020: €835k
2021: €1.19M
2022: €781k
2023: €567k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.34M-€1.79M▲ 33.1%€1.56M▼ 12.8%€1.24M▼ 20.3%€1.46M▲ 17.4%
Operating result€582k-€647k▲ 11.2%€649k▲ 0.3%€598k▼ 7.8%€1.09M▲ 82.2%
Net result€380k-€445k▲ 17.0%€540k▲ 21.5%€283k▼ 47.6%€636k▲ 124%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 82% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.07M
Fixed assets
€2.32M▼ 4.4%
Current assets
€2.75M▼ 15.3%
Equity and liabilities €5.07M
Equity
€1.46M▲ 17.4%
Debt
€3.61M▼ 18.5%
The debt ratio falls from 78.1% to 71.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€1.27M▲
2023 · €785k
Cash flow
€819k▲
2023 · €470k
Solvency
28.8%▲
2023 · 21.9%
Current ratio
1.34▲
2023 · 1.21
Quick ratio
0.92▲
2023 · 0.86
Debt / equity
2.47▼
2023 · 3.56
ROE
43.6%▲
2023 · 22.8%
ROA
12.5%▲
2023 · 5.0%
Interest coverage
10.45▲
2023 · 4.17
Debt
€3.61M▼
2023 · €4.43M
Debt ≤ 1 year
€2.06M▼
2023 · €2.69M
Debt > 1 year
€1.55M▼
2023 · €1.75M
Income taxes
€349k▲
2023 · €135k
Staff costs
€638k▲
2023 · €568k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€5.68M€5.07M▼
Fixed assets21/28€2.42M€2.32M▼
Tangible fixed assets22/27€2.42M€2.31M▼
Land and buildings22€2.27M€2.20M▼
Plant, machinery and equipment23€113k€91k▼
Furniture and vehicles24€35k€24k▼
Financial fixed assets28€2k€2k=
Current assets29/58€3.25M€2.75M▼
Stocks and contracts in progress3€949k€853k▼
Stocks30/36€949k€853k▼
Amounts receivable within one year40/41€763k€989k▲
Trade receivables40€727k€975k▲
Other amounts receivable41€36k€13k▼
Current investments50/53€500k€250k▼
Cash at bank and in hand54/58€989k€662k▼
Deferred charges and accrued income490/1€52k-
Equity and liabilities
Total equity and liabilities10/49€5.68M€5.07M▼
Equity10/15€1.24M€1.46M▲
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€1.08M€1.30M▲
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Distributable reserves133€1.07M€1.29M▲
Profit (loss) carried forward14€64k€65k▲
Amounts payable17/49€4.43M€3.61M▼
Amounts payable after more than one year17€1.75M€1.55M▼
Financial debts170/4€1.75M€1.55M▼
Amounts payable within one year42/48€2.69M€2.06M▼
Current portion of amounts payable after more than one year42€195k€199k▲
Financial debts43€113k€80k▼
Credit institutions430/8€113k€80k▼
Trade debts44€1.83M€875k▼
Suppliers440/4€1.83M€875k▼
Taxes, remuneration and social security45€124k€344k▲
Taxes450/3€80k€344k▲
Remuneration and social security454/9€44k-
Other amounts payable47/48€429k€562k▲
Income statement
Code20232024
Remuneration, social security and pensions62€568k€638k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€187k€183k▼
Other operating charges640/8€16k€37k▲
Gross operating margin9900€1.37M€1.95M▲
Operating profit (loss)9901€598k€1.09M▲
Financial income75/76B€8k€16k▲
Recurring financial income75€8k€16k▲
Financial charges65/66B€188k€122k▼
Recurring financial charges65€188k€122k▼
Profit (loss) for the period before taxes9903€418k€985k▲
Income taxes67/77€135k€349k▲
Profit (loss) for the period9904€283k€636k▲
Profit (loss) for the period to be appropriated9905€283k€636k▲
Appropriation of the result
Profit (loss) to be appropriated9906€834k€700k▼
Profit (loss) brought forward from the previous period14P€550k€64k▼
Transfer from equity791/2€100k€420k▲
Transfer to equity691/2€270k€635k▲
To other reserves6921€270k€635k▲
Profit to be distributed694/7€600k€420k▼
Return on contributions (dividend)694€600k€420k▼
Social balance
Average headcount (FTE)90877.58.2▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €636k ▲124%
Operating result €1.09M, net result €636k, both a record.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €1MEq €1.34M ▲39.4%
3 profitable years in a row build equity to €1.34M.
19-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 19 days late
2019
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 12 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 27 days late
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 9 days late
2016
02-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2025
Eric Dodémont
CurrentDirector (executive) · since 02-10-2025
02-10-2025
Appointed as Director (executive)
Location & real-estate footprint
Registered office, Fleurus · 1 establishment unit since 2006
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.
Avenue de l'Espérance(F) 686220 FleurusGround area
4,992 m²
Building footprint
402 m²
Volume, LiDAR
3,159 m³
Parcel 52332B0505/00Y000, Wallonia · tallest building 8.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
FASSI.BE
since 20062.158.724.211
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52332B0505/00Y000 | Wallonia | 4,991 m² | 1 · 402 m² | 8.5 m · 3 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
Legal Entity Identifier
254900S6S32C10XSNM22
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POBENCO
BE 0449.476.521
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OUTIMAT - DRILFIX
BE 0400.100.650
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VANHOUTTE - HEYNDRICKX
BE 0417.592.225
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CS PROJECTS
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TRACOM
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Sint-Laureins · Eq €1.43M
Of 824 companies in sector 46620 we hold annual accounts for 639. 496 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded21-12-2006
Fiscal year end31-12
Activities, NACEBEL
46620Wholesale of machine tools
46630Wholesale trade
51820
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.