Checked.be
Active
BE 0826.318.650Private limited company
FATCHA
Rue d'Acoz(JON) 10 ·6280 Gerpinnes, Belgium· 16 yrs active
Sector: Computer programming
(62100)
Conclusion
FATCHA has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12k and a net result of €-32k. Equity is growing by ~12.8% per year across the filed fiscal years. Its solvency ranks better than 56% of 1363 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €12k |
| Net result | €-32k |
| Better than sector | 56% |
| Active | 16 yrs |
Financial profile
52
/ 100
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Health
40
Profitability
0
Solvency
69
Growth
52
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Established
Founded in 2010, 16 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
40
/ 100
Weak
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€500
estimate, not credit advice
Score history
55
2021
100
2022
89
2023
86
2024
40
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 1.06 (≥ 1.0)
+5
Quick ratio
Quick ratio 1.06 (≥ 1.0)
+5
Leverage
Debt/equity 1.24 (< 2.0)
+3
Profitability
Negatieve ROE -272%
-10
Interest coverage
Interest coverage -22.0× (< 1.5×)
-10
Profit trend
Net profit down YoY
-3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 22-12-2025 with the NBB · fiscal year 2025 · full schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~12.8%/year over 5 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
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).
Sector comparison
Fiscal year 2025 · NACE 62, Computer programming, consultancy and related activities · compared within the same schema type (full schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 44.6% | 38.7% | |
| Net result | €-32k | €35k | |
| Equity | €12k | €372k | |
| Gross operating margin | €-18k | €245k | |
| Total assets | €26k | €1.15M |
€-19k
-
21-25
€-32k
-
21-25
€-20k
-
21-25
€26k
-56.6%
21-25
€12k
-73.1%
21-25
€906
-96.1%
21-25
€-6
-
21-25
€14k
-14.6%
21-25
€14k
-14.6%
21-25
1.06
-55.6%
21-25
1.06
-55.6%
21-25
44.6%
-37.9%
21-25
1.24
+217.5%
21-25
-271.6%
-
21-25
-121.2%
-
21-25
-22.03
-
21-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | full schema | full schema | full schema | full schema | full schema |
| Revenue | - | - | - | - | - |
| EBITDA | €-19k | €14k | €55k | €4k | €1k |
| Net profit | €-32k | €540 | €35k | €3k | €-2k |
| Cash flow | €-20k | €12k | €40k | €4k | €-25 |
| Staff costs | - | - | - | - | - |
| Income taxes | €-6 | €1k | €14k | - | - |
| Dividends | - | - | - | - | - |
| Total assets | €26k | €60k | €88k | €9k | €8k |
| Equity | €12k | €43k | €43k | €8k | €7k |
| Debt | €14k | €17k | €46k | €524 | €296 |
| of which ≤ 1y | €14k | €17k | €46k | €524 | €296 |
| of which > 1y | - | - | - | - | - |
| Working capital | €906 | €23k | €21k | €8k | €7k |
| Employees (FTE) | - | - | - | - | - |
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 1.06 | 2.39 | 1.46 | 15.46 | 23.27 |
| Quick ratio | 1.06 | 2.39 | 1.46 | 15.46 | 23.27 |
| Working capital ratio | 3.5% | 39.2% | 23.8% | 89.1% | 86.9% |
| Solvency | 44.6% | 71.9% | 48.2% | 93.8% | 96.1% |
| Debt / equity | 1.24 | 0.39 | 1.08 | 0.07 | - |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | -22.03 | 7.86 | 35.13 | 31.28 | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | -121.2% | 0.9% | 39.1% | 36.4% | -25.3% |
| ROE | -271.6% | 1.3% | 81.2% | 38.8% | -26.4% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €26k | €60k | €88k | €9k | €8k |
| Fixed assets | 21/28 | €11k | €20k | €22k | €407 | €698 |
| Tangible fixed assets | 22/27 | €11k | €20k | €22k | €407 | €698 |
| Current assets | 29/58 | €15k | €40k | €67k | €8k | €7k |
| Amounts receivable within one year | 40/41 | €13k | €18k | €36k | €2k | €3k |
| Cash & bank | 54/58 | €1k | €21k | €31k | €6k | €4k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €26k | €60k | €88k | €9k | €8k |
| Equity | 10/15 | €12k | €43k | €43k | €8k | €7k |
| Contributions / capital | 10/11 | €9k | €9k | €9k | €9k | €9k |
| Reserves | 13 | €34k | €34k | €33k | - | €213 |
| Accumulated profits (losses) | 14 | €-32k | - | - | €-1k | €-2k |
| Amounts payable | 17/49 | €14k | €17k | €46k | €524 | €296 |
| Amounts payable within one year | 42/48 | €14k | €17k | €46k | €524 | €296 |
| Trade debts payable within one year | 44 | €4k | €16k | €11k | - | €258 |
| Income statement | ||||||
| Gross operating margin | 9900 | €-18k | €15k | €56k | €4k | €2k |
| Operating result | 9901 | €-31k | €3k | €50k | €3k | €-479 |
| Financial income | 75 | - | - | €168 | €208 | €1 |
| Financial charges | 65 | €852 | €2k | €2k | €119 | €199 |
| Result before taxes | 9903 | €-32k | €2k | €48k | €3k | €-677 |
| Income taxes | 67/77 | €-6 | €1k | €14k | - | - |
| Net result for the period | 9904 | €-32k | €540 | €35k | €3k | €-677 |
| Result to be appropriated | 9905 | €-32k | €540 | €35k | €3k | €-677 |
Legal Structure
| NACE primary | Computer programming(62100) |
| Legal form | Private limited company(610) |
| Incorporation | 01-06-2010 |
| Status | Active |
| Postal code | 6280 |
Establishment units
SPRL FATCHA!
since 20102.188.874.779
Real-estate footprint
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52033B0316/00C000 | Wallonia | 1,332 m² | 1 · 126 m² | - |
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.
Updates
Next filing, fiscal year 2026, expected by
2025
22-12
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
30-06
Financial
Weakest financial yearnet €-32k ▼5933%
Net result drops to €-32k, the lowest in the series.
27-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-06
Financial
Highest result since 2021net €35k ▲1017%
Operating result €50k, net result €35k, both a record.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
2021
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 1 day late
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
28-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 28 days late
28-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 393 days late
2017
06-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 279 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Computer programming, consultancy and related activities62010Computer programming62100IT consultancy62020Computer programming, consultancy and related activities62030Other information technology and computer services62900Computer consultancy and computer facilities management62200Activities of head offices; management consultancy activities70210Public relations and communication consultancy73300Other amusement and recreation activities93299
Names & trade names
| Legal nameFR | FATCHA |
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