FCH GROUP
ActiveSummary
The computed 12-month bankruptcy probability of FCH GROUP is 2.5% (moderate). The 2024 annual accounts show negative equity (-€32,890) and a net result of €6,993. Equity remains stable across the filed fiscal years (±2% per year). Its solvency ranks better than 10% of 26043 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability87▲+87
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.23; short-term debt: 167.9% and cash: 20.6% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-67.9%
Return on assets
14.4%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 26043 sector peers (2024).
NBB · sector comparisonPosition among 26043 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-10-2025, 85 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
85 d late
2023
66 d late
2022
2 d late
2021
23 d late
2020
153 d late
2019
269 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 100 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Turnover
€78,943
EBIT margin
-11.6%
Net result
€6,993
2023 · -€384
Working capital
-€62,506▼ 53.1%
2022 · -€40,829
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€78,943
Operating result-€9,176▼ 195%-€3,820▲ 58.4%€8,059-€384€7,167
Net result-€10,300below the sector's middle half▼ 128%-€3,825below the sector's middle half▲ 62.9%€7,221within the sector's middle half-€384within the sector's middle half€6,993within the sector's middle half
EBIT margin-11.6%
Equity-€42,895below the sector's middle half▼ 31.6%-€46,719below the sector's middle half▼ 8.9%-€39,499below the sector's middle half▲ 15.5%-€39,883below the sector's middle half▼ 1.0%-€32,890below the sector's middle half▲ 17.5%
Total assets€15,971below the sector's middle half▼ 84.2%€16,455below the sector's middle half▲ 3.0%€14,223below the sector's middle half▼ 13.6%€1,330below the sector's middle half▼ 90.6%€48,419below the sector's middle half▲ 3,541%
Debt€58,865▼ 56.0%€63,174▲ 7.3%€53,722▼ 15.0%€41,213▼ 23.3%€81,309▲ 97.3%
Working capital-€44,225below the sector's middle half▲ 54.8%-€48,049below the sector's middle half▼ 8.6%-€40,829below the sector's middle half▲ 15.0%-€62,506below the sector's middle half
Solvency-268.6%below the sector's middle half▼ 236.3pp-283.9%below the sector's middle half▼ 15.3pp-277.7%below the sector's middle half▲ 6.2pp-67.9%below the sector's middle half
Current ratio0.25below the sector's middle half▼ 0.020.24below the sector's middle half▼ 0.010.24below the sector's middle half=0.23below the sector's middle half
Return on assets (ROA)-64.5%below the sector's middle half▼ 60.0pp-23.2%below the sector's middle half▲ 41.3pp50.8%above the sector's middle half▲ 74.0pp14.4%above the sector's middle half
Staff (FTE)1
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €7,167 after a loss of €384 in 2023.
Balance-sheet composition
Assets €48,419
Fixed assets
€29,615
Current assets
€18,803
Key figures and ratios
EBITDA
€9,113
Cash flow
€8,939
Quick ratio
0.21
Debt to equity
-2.47
Interest coverage
52.42
Debt ≤ 1 year
€81,309▲
2023 · €41,213
Staff costs
€9,906
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,632 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 92% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
2.9%
went bankrupt
4.8%
stopped otherwise
92%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,632 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €78,943 | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | €441 | - | €9,906 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €93 | - | - | - | €1,946 | - |
| Other operating charges640/8 | - | €3,064 | €2,725 | €384 | €713 | ▲ 85.6% |
| Gross operating margin9900 | €3,680 | -€756 | €11,225 | €0 | €19,732 | - |
| Operating profit (loss)9901 | -€9,176 | -€3,820 | €8,059 | -€384 | €7,167 | ▲ 1,964% |
| Financial income75/76B | - | €0 | - | - | - | - |
| Recurring financial income75 | €0 | €0 | - | - | - | - |
| Financial charges65/66B | - | €4 | €838 | - | €174 | - |
| Recurring financial charges65 | €1,124 | €4 | €838 | - | €174 | - |
| Profit (loss) for the period before taxes9903 | -€10,300 | -€3,825 | €7,221 | -€384 | €6,993 | ▲ 1,919% |
| Profit (loss) for the period9904 | -€10,300 | -€3,825 | €7,221 | -€384 | €6,993 | ▲ 1,919% |
| Profit (loss) for the period to be appropriated9905 | -€10,300 | -€3,825 | €7,221 | -€384 | €6,993 | ▲ 1,919% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €15,971 | €16,455 | €14,223 | €1,330 | €48,419 | ▲ 3,541% |
| Fixed assets21/28 | €1,330 | €1,330 | €1,330 | €1,330 | €29,615 | ▲ 2,127% |
| Tangible fixed assets22/27 | - | - | - | - | €28,285 | - |
| Plant, machinery and equipment23 | - | - | - | - | €19,678 | - |
| Furniture and vehicles24 | - | - | - | - | €8,608 | - |
| Financial fixed assets28 | €1,330 | €1,330 | €1,330 | €1,330 | €1,330 | = |
| Current assets29/58 | €14,641 | €15,125 | €12,893 | - | €18,803 | - |
| Stocks and contracts in progress3 | - | - | - | - | €1,682 | - |
| Stocks30/36 | - | - | - | - | €1,682 | - |
| Amounts receivable within one year40/41 | €11,447 | €14,995 | €12,594 | - | €7,144 | - |
| Trade receivables40 | - | €1,298 | €1,298 | - | €6,987 | - |
| Other amounts receivable41 | - | €13,697 | €11,296 | - | €158 | - |
| Cash at bank and in hand54/58 | €130 | €130 | €300 | - | €9,977 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €15,971 | €16,455 | €14,223 | €1,330 | €48,419 | ▲ 3,541% |
| Equity10/15 | -€42,895 | -€46,719 | -€39,499 | -€39,883 | -€32,890 | ▲ 17.5% |
| Contributions10/11 | €15,000 | €15,000 | €15,000 | €15,000 | €15,000 | = |
| Capital10 | - | €15,000 | - | - | - | - |
| Issued capital100 | - | €18,600 | - | - | - | - |
| Uncalled capital101 | - | €3,600 | - | - | - | - |
| Profit (loss) carried forward14 | -€57,895 | -€61,719 | -€54,499 | -€54,883 | -€47,890 | ▲ 12.7% |
| Amounts payable17/49 | €58,865 | €63,174 | €53,722 | €41,213 | €81,309 | ▲ 97.3% |
| Amounts payable within one year42/48 | €58,865 | €63,174 | €53,722 | €41,213 | €81,309 | ▲ 97.3% |
| Trade debts44 | - | €3,023 | €8,107 | - | €22,821 | - |
| Suppliers440/4 | - | €3,023 | €8,107 | - | €22,821 | - |
| Taxes, remuneration and social security45 | - | €38,707 | €38,160 | €4,005 | €588 | ▼ 85.3% |
| Taxes450/3 | - | €4,100 | €2,742 | €4,005 | - | - |
| Remuneration and social security454/9 | - | €34,606 | €35,418 | - | €588 | - |
| Other amounts payable47/48 | - | €21,444 | €7,456 | €37,209 | €57,900 | ▲ 55.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,300 | -€3,825 | €7,221 | -€384 | €6,993 | ▲ 1,919% |
| + Depreciation and write-downs630 | €93 | - | - | - | €1,946 | - |
| Operating cash flow (approximation) | -€10,207 | -€3,825 | €7,221 | -€384 | €8,939 | ▲ 2,425% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€30,232 | - |
| Change in cash | - | €0 | €170 | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
24-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 85 days late
2024
31-12
Financial
Back to profitnet €6,993
Net result €6,993 after one loss-making year.
05-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 66 days late
2023
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
31-12
Financial
Back to profitnet €7,221
Net result €7,221 after 4 loss-making years.
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
31-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 153 days late
10-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 649 days late
26-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 269 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 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, Verviers · 4 establishment units since 2011
Ground area
3.5 ha
Building footprint
3,035 m²
Volume, LiDAR
7,615 m³
5 parcels, Wallonia · tallest building 21.8 m, ±7 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
4 establishment units
LE KIOSQUE
since 20112.203.143.083
STREET BAO SIEGE SOCIAL
since 20242.371.869.041
STREET BAO LIEGE
since 20242.363.459.240
STREET BAO VERVIERS
since 20242.365.611.551
5 parcels
Wallonia
5
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62814C0364/00T000 | Wallonia | 3.4 ha | 1 · 2,063 m² | 13.5 m |
| 63079D0378/00L005 | Wallonia | 734 m² | 1 · 763 m² | - |
| 63079A0745/00G003 | Wallonia | 131 m² | 1 · 74 m² | 21.8 m · 7 fl. |
| 63079A1414/00C005 | Wallonia | 117 m² | 1 · 83 m² | 17.2 m · 5 fl. |
| 63079A1411/00K003 | Wallonia | 65 m² | 1 · 52 m² | - |
Linked by address, not proof of ownership
Good to know
5 of 5 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
2 sitesLiège2.363.459.240
Verviers2.365.611.551
Similar companies · same sector and region
ABM COMPANY
BE 1007.727.951
Verviers
AJ ENTERPRISES
BE 0751.511.161
Verviers
ALCIS MANAGEMENT
BE 0544.855.334
Verviers
ANKARA MARKET
BE 0798.539.533
Verviers
BAZAR NAJAH
BE 0441.090.474
Verviers
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 10,509 companies in sector 47110 we hold annual accounts for 5,853. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-02-2011
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
56112Limited-service restaurants, excluding mobile food services
Contact
E-mail
ft@fch-group.beLiège
Phone
0498/35.62.36Liège
E-invoicing
Reachable via Peppol
Peppol ID
0208:0834111512
Registered
07-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.