FCC
ActiveFCC has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.10M and a net result of €245k. Equity is growing by ~29.3% per year across the filed fiscal years. Its solvency ranks better than 87% of 4119 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
93
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity ample (current ratio 3.75 against 2.9 in 2024), and 23.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 10
Relative position
BE, all sectors
reference
Sector 10
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
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
76.9%
Return on assets
17.1%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 18-12-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
44 d early
2024
39 d early
2023
40 d early
2022
37 d early
2021
21 d early
2020
16 d late
2019
42 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close14-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€245k▼ 17.5%
2024 · €297k
2019: €44k
2020: €138k
2021: €107k
2022: €157k
2023: €266k
2024: €297k
2019 → 2025
Working capital
€904k▲ 40.2%
2024 · €644k
2019: €173k
2020: €213k
2021: €179k
2022: €211k
2023: €359k
2024: €644k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€367k-€394k▲ 7.4%€627k▲ 59.0%€881k▲ 40.5%€1.10M▲ 25.0%
Operating result€95k-€210k▲ 121%€377k▲ 80.0%€421k▲ 11.7%€339k▼ 19.6%
Net result€107k-€157k▲ 46.8%€266k▲ 69.3%€297k▲ 11.6%€245k▼ 17.5%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 20% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.43M
Fixed assets
€199k▼ 15.6%
Current assets
€1.23M▲ 25.2%
Equity and liabilities €1.43M
Equity
€1.10M▲ 25.0%
Debt
€330k▼ 2.7%
The debt ratio falls from 27.8% to 23.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€383k▼
2024 · €480k
Cash flow
€290k▼
2024 · €355k
Solvency
76.9%▲
2024 · 72.2%
Current ratio
3.75▲
2024 · 2.90
Quick ratio
3.69▲
2024 · 2.84
Debt / equity
0.30▼
2024 · 0.39
ROE
22.3%▼
2024 · 33.7%
ROA
17.1%▼
2024 · 24.3%
Interest coverage
54.42▼
2024 · 243.20
Debt
€330k▼
2024 · €340k
Debt ≤ 1 year
€328k▼
2024 · €340k
Income taxes
€98k▼
2024 · €137k
Staff costs
€731k▲
2024 · €707k
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€1.22M€1.43M▲
Fixed assets21/28€236k€199k▼
Intangible fixed assets21€1k€424▼
Tangible fixed assets22/27€199k€164k▼
Plant, machinery and equipment23€132k€111k▼
Furniture and vehicles24€57k€44k▼
Other tangible fixed assets26€11k€8k▼
Financial fixed assets28€36k€36k=
Current assets29/58€984k€1.23M▲
Stocks and contracts in progress3€19k€22k▲
Stocks30/36€19k€22k▲
Amounts receivable within one year40/41€219k€95k▼
Trade receivables40€217k€89k▼
Other amounts receivable41€2k€6k▲
Cash at bank and in hand54/58€736k€1.10M▲
Deferred charges and accrued income490/1€10k€10k▲
Equity and liabilities
Total equity and liabilities10/49€1.22M€1.43M▲
Equity10/15€881k€1.10M▲
Contributions10/11€19k€19k=
Reserves13€759k€920k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€757k€918k▲
Profit (loss) carried forward14€103k€162k▲
Amounts payable17/49€340k€330k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€340k€328k▼
Current portion of amounts payable after more than one year42€4k€0▼
Trade debts44€132k€124k▼
Suppliers440/4€132k€124k▼
Taxes, remuneration and social security45€129k€151k▲
Taxes450/3€64k€38k▼
Remuneration and social security454/9€65k€113k▲
Other amounts payable47/48€74k€54k▼
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€707k€731k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€58k€45k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€2k€0▼
Other operating charges640/8€22k€19k▼
Gross operating margin9900€1.21M€1.13M▼
Operating profit (loss)9901€421k€339k▼
Financial income75/76B€14k€12k▼
Recurring financial income75€14k€12k▼
Financial charges65/66B€2k€7k▲
Recurring financial charges65€2k€7k▲
Profit (loss) for the period before taxes9903€434k€344k▼
Income taxes67/77€137k€98k▼
Profit (loss) for the period9904€297k€245k▼
Profit (loss) for the period to be appropriated9905€297k€245k▼
Appropriation of the result
Profit (loss) to be appropriated9906€400k€349k▼
Profit (loss) brought forward from the previous period14P€103k€103k=
Transfer from equity791/2€43k€0▼
Transfer to equity691/2€297k€161k▼
To other reserves6921€297k€161k▼
Profit to be distributed694/7€43k€25k▼
Return on contributions (dividend)694€43k€25k▼
Directors or managers695-€100
Social balance
Average headcount (FTE)908718.518.5=
The notes to these accounts (19 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
18-12
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
30-06
Financial
Equity above €1MEq €1.10M ▲25%
7 profitable years in a row build equity to €1.10M.
2024
23-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
30-06
Financial
Highest result since 2019net €297k ▲11.6%
Operating result €421k, net result €297k, both a record.
2023
22-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
30-06
Financial
Equity above €500kEq €627k ▲59%
5 profitable years in a row build equity to €627k.
2022
25-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
10-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
16-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 16 days late
2019
20-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
20-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2015
24-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
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 2023
CAVAS Turkan
CurrentDirector · since 21-12-2023
21-12-2023
Appointed as Director
Location & real-estate footprint
Registered office, Liège · 3 establishment units since 2003
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.
Place Reine-Astrid 14000 LiègeGround area
2,166 m²
Building footprint
212 m²
Volume, LiDAR
1,479 m³
3 parcels, Wallonia · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
3 establishment units
FCC sprl
since 20032.132.793.438
L'ÉPI DORÉ
since 20152.238.613.015
Pain qui craque
since 20192.296.290.896
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62001B0295/00C000 | Wallonia | 1,314 m² | 1 · 112 m² | 6.8 m · 2 fl. |
| 62804D0409/00L002 | Wallonia | 752 m² | - | - |
| 62087B0163/00E002 | Wallonia | 100 m² | 1 · 101 m² | 10.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
3 sitesAns2.296.290.896
Liège2.132.793.438
Liège2.238.613.015
Similar companies · same sector, comparable size
DE PAUW
BE 0899.032.622
Sint-Lievens-Houtem · Eq €1.10M
Bakkerij Kenis
BE 0847.750.801
Bree · Eq €1.10M
VANDEMOORTELE-PERSOON
BE 0897.102.124
Lichtervelde · Eq €1.11M
ducobu
BE 0860.214.806
Waterloo · Eq €1.11M
LE PAIN D'ANTAN
BE 0465.205.070
Gembloux · Eq €1.12M
Of 4,201 companies in sector 10712 we hold annual accounts for 1,851. 855 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-08-2003
Fiscal year end30-06
Activities, NACEBEL
10712Artisanal bread and fresh pastry making
15812
47241Retail sale of bread and pastry (bakery outlets)
52240
55302
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:cogosabri@hotmail.com
Phone:+32498649177