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Complete company report
Generated 24-07-2026
Active BE 0755.474.503Private limited company

FBALESTE

Oudergemlaan 287 ·1040 Etterbeek, Belgium· 5 yrs active
Sector: Specialised construction (43990)
Conclusion Checked

The computed 12-month bankruptcy probability of FBALESTE is 5.6% (elevated). The 2023 annual accounts show equity of €116k and a net result of €46k. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €116k
Net result €46k
Active 5 yrs
Locations 1
Snowflake analysis 5 axes · computed by Checked
Health94Profitability100Solvency89Growth78Stability94
91 / 100

Exceptional profile, strong across almost every axis.

Health 94
Profitability 100
Solvency 89
Growth 78
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
5.6% Elevated
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2023 · computed
94 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview4 NBB filings
Annual accounts filed on 28-04-2026 with the NBB · fiscal year 2025 · micro
€0€50k€100kOperating result 2021: €29k€29kNet result 2021: €29k€29kOperating result 2023: €101k€101kNet result 2023: €46k€46k20212023
Operating resultNet result
EBITDA
€102k
+246.6% far above sector median
Net profit
€46k
+57.5% far above sector median
Cash flow
€46k
+59.1% +147% vs sector
Total assets
€247k
+424.6% +3% vs sector
Equity
€116k
+197.4% -34% vs sector
Working capital
€111k
+189.5% -32% vs sector
Income taxes
€24k
- far above sector median
Debt
€131k
+1526.5% -6% vs sector
Debt ≤ 1y
€131k
+1526.5% -6% vs sector
Current ratio
1.85
-68.0% +21% vs sector
Quick ratio
1.85
-68.0% +21% vs sector
Solvency
47.0%
-43.3% +98% vs sector
Debt / equity
1.13
+446.8% far above sector median
ROE
39.4%
-47.0% far above sector median
ROA
18.5%
-70.0% far above sector median
Interest coverage
3.04
-98.7% far above sector median
Figures by fiscal year
Fiscal year2023
Revenue-
EBITDA€102k
Net profit€46k
Cash flow€46k
Staff costs-
Income taxes€24k
Dividends-
Total assets€247k
Equity€116k
Debt€131k
of which ≤ 1y€131k
of which > 1y-
Working capital€111k
Employees (FTE)-
Ratios (computed)
2023
Current ratio1.85
Quick ratio1.85
Working capital ratio45.0%
Solvency47.0%
Debt / equity1.13
Long-term debt ratio-
Interest coverage3.04
Gross margin-
Net margin-
ROA18.5%
ROE39.4%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€247k
Fixed assets 21/28€5k
Tangible fixed assets 22/27€1k
Financial fixed assets 28€4k
Current assets 29/58€242k
Amounts receivable within one year 40/41€166k
Cash & bank 54/58€75k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€247k
Equity 10/15€116k
Contributions / capital 10/11€10k
Accumulated profits (losses) 14€106k
Amounts payable 17/49€131k
Amounts payable within one year 42/48€131k
Trade debts payable within one year 44€113k
Income statement
Gross operating margin 9900€102k
Operating result 9901€101k
Financial income 75€2k
Financial charges 65€33k
Result before taxes 9903€69k
Income taxes 67/77€24k
Net result for the period 9904€46k
Result to be appropriated 9905€46k
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Ratios computed by Checked.
Legal Structure
NACE primary Specialised construction(43990)
Legal form Private limited company(610)
Incorporation30-09-2020
StatusActive
Postal code1040
Establishment units 1 location
FBALESTE
Belle-Vuestraat 18, 1050 ElseneDetailhandel in sanitaire artikelen en sanitair installatiemateriaal
since 20202.322.327.676
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21444B0077/00P003 Brussels 275 m² 1 · 158 m² 26.4 m · 8 fl.
21362B0034/00W002 Brussels 178 m² 1 · 96 m² 18.2 m · 4 fl.
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.
Updates 4 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
28-04-2026
NBB filing Annual accounts filed
fiscal year 2025 · micro
2025
20-05-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2024
30-04-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
2022
07-06-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE) Crossroads Bank
Activities
Overige gespecialiseerde bouwactiviteiten, neg43990Overige gespecialiseerde bouwwerkzaamheden43999Loodgieterswerk43221Sanitaire werkzaamheden43221Detailhandel in elektrische huishoudapparaten in gespecialiseerde winkels47540Detailhandel in elektrische huishoudapparaten47540Detailhandel in huismeubilair47551Detailhandel in huismeubilair in gespecialiseerde winkels47591Interieurarchitecten71112Activiteiten van interieurarchitecten71112Scheppende kunsten, m.u.v. ondersteunende diensten90031Literaire creatie90111
Primary activity highlighted.
Names & trade names
Legal nameFR FBALESTE
Trade nameFR LP2 PROD et UP SIDE CONSULTING
Registered office
Oudergemlaan 287
1040 Etterbeek, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative