FAWI
ActiveFAWI has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €104k and a net result of €12k. Equity is growing by ~17.5% per year across the filed fiscal years. Its solvency ranks better than 87% of 14056 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▼-19
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 5.51 against 7.88 in 2024; short-term debt: 16.2% and cash: 29.5% of total assets), and 16.2% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
83.8%
Return on assets
9.6%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
on the day
2024
15 d late
2023
9 d late
2022
9 d late
2021
3 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close22-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€104k▼ 31.7%
2024 · €152k
2021: €60k
2022: €60k
2023: €79k
2024: €152k
2021 → 2025
Total assets
€124k▼ 28.5%
2024 · €174k
2021: €126k
2022: €211k
2023: €109k
2024: €174k
2021 → 2025
Net result
€12k▼ 83.8%
2024 · €74k
2021: €14k
2022: €124k
2023: €77k
2024: €74k
2021 → 2025
Working capital
€91k▼ 37.8%
2024 · €146k
2021: €53k
2022: €55k
2023: €77k
2024: €146k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€60k-€60k=€79k▲ 31.4%€152k▲ 93.3%€104k▼ 31.7%
Operating result€28k-€155k▲ 457%€97k▼ 37.5%€93k▼ 3.5%€21k▼ 77.5%
Net result€14k-€124k▲ 771%€77k▼ 38.1%€74k▼ 3.9%€12k▼ 83.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 77% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €124k
Fixed assets
€13k▲ 106%
Current assets
€111k▼ 33.7%
Equity and liabilities €124k
Equity
€104k▼ 31.7%
Debt
€20k▼ 5.1%
The debt ratio rises from 12.2% to 16.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€23k▼
2024 · €95k
Cash flow
€14k▼
2024 · €75k
Solvency
83.8%▼
2024 · 87.8%
Current ratio
5.51▼
2024 · 7.88
Quick ratio
5.51▼
2024 · 7.88
Debt / equity
0.19▲
2024 · 0.14
ROE
11.4%▼
2024 · 48.3%
ROA
9.6%▼
2024 · 42.4%
Interest coverage
61.06▼
2024 · 193.23
Debt
€20k▼
2024 · €21k
Debt ≤ 1 year
€20k▼
2024 · €21k
Income taxes
€11k▼
2024 · €20k
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€174k€124k▼
Fixed assets21/28€6k€13k▲
Tangible fixed assets22/27€6k€13k▲
Plant, machinery and equipment23€219€798▲
Furniture and vehicles24€5k€11k▲
Other tangible fixed assets26€1k€1k▼
Current assets29/58€167k€111k▼
Amounts receivable within one year40/41€17k€66k▲
Trade receivables40€5k€6k▲
Other amounts receivable41€12k€59k▲
Cash at bank and in hand54/58€148k€37k▼
Deferred charges and accrued income490/1€1k€9k▲
Equity and liabilities
Total equity and liabilities10/49€174k€124k▼
Equity10/15€152k€104k▼
Contributions10/11€19k€19k=
Reserves13€134k€85k▼
Distributable reserves133€134k€85k▼
Amounts payable17/49€21k€20k▼
Amounts payable within one year42/48€21k€20k▼
Trade debts44€2k€9k▲
Suppliers440/4€2k€9k▲
Taxes, remuneration and social security45€19k€12k▼
Taxes450/3€19k€12k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€763€387▼
Gross operating margin9900€95k€23k▼
Operating profit (loss)9901€93k€21k▼
Financial income75/76B€255€2k▲
Recurring financial income75€255€2k▲
Financial charges65/66B€489€376▼
Recurring financial charges65€489€376▼
Profit (loss) for the period before taxes9903€93k€23k▼
Income taxes67/77€20k€11k▼
Profit (loss) for the period9904€74k€12k▼
Profit (loss) for the period to be appropriated9905€74k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€92k€12k▼
Profit (loss) brought forward from the previous period14P€19k-
Transfer from equity791/2-€60k
Transfer to equity691/2€92k€12k▼
To other reserves6921€92k€12k▼
Profit to be distributed694/7-€60k
Return on contributions (dividend)694-€60k
The notes to these accounts (7 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
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Weakest financial yearnet €12k ▼83.8%
Net result drops to €12k, the lowest in the series.
2024
15-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 15 days late
31-03
Financial
Liquidity doublescurrent ratio 7.88
Current ratio from 3.54 to 7.88; short-term debt falls from €30k to €21k.
31-03
Financial
Equity above €150kEq €152k ▲93.3%
4 profitable years in a row build equity to €152k.
2023
09-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
31-03
Financial
Liquidity triplescurrent ratio 3.54
Current ratio from 1.36 to 3.54; short-term debt falls from €151k to €30k.
2022
09-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 9 days late
31-03
Financial
Highest result since 2021net €124k ▲771%
Operating result €155k, net result €124k, both a record.
2021
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Kruisem · 1 establishment unit since 2018
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.
Ouwegemsesteenweg(KRU) 2189770 KruisemGround area
7,952 m²
Building footprint
156 m²
Volume, LiDAR
980 m³
Parcel 45053C1086/00G000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FAWI
since 20182.273.532.718
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45053C1086/00G000 | Flanders | 7,952 m² | 1 · 155 m² | 9.4 m · 2 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.
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Ans · Eq €104k
Of 7,321 companies in sector 68110 we hold annual accounts for 5,382. 3,715 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-02-2018
Fiscal year end31-03
Activities, NACEBEL
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.