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FCJ

Active
Private limited companyfounded 2025active for 1 yearLangendijk 4, 2580 Putte, BelgiumKBO/BCE: BE 1020.162.361
Summary

FCJ has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€25,998) and a net result of -€30,998. Its solvency ranks better than 13% of 3,700 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Financials · financial year 2025, micro format

Equity
-€25,998
Total assets
€154,043
Net result
-€30,998
Working capital
-€66,156

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €154,043
Fixed assets €40,158
Current assets €113,885
Equity and liabilities
Equity-€25,998
Debt€180,041
Equity is negative: debt (€180,041) exceeds the balance-sheet total (€154,043).
Key figures and ratios
2025 value
EBITDA
-€23,145
Cash flow
-€23,156
Solvency
-16.9%
Current ratio
0.63
Quick ratio
0.00
ROA
-20.1%
Interest coverage
-580.51
Debt
€180,041
Debt ≤ 1 year
€180,041
No debt to equity: equity is negative, so debt divided by equity means nothing.

Peer companies

Historical observation

Of the 1,322 companies that looked in July 2024 the way this one looks now, 4.2% went bankrupt within 24 months and 90.2% are still going.

  • Micro
  • under 2 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
4.2% went bankrupt
5.5% stopped otherwise
90.2% still going

For this company itself Checked computes a bankruptcy probability of 1.0% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 0.9%
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 74.5% 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 1,322 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
Filed annual accounts As filed with the NBB · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€154,043
Fixed assets21/28€40,158
Tangible fixed assets22/27€40,158
Plant, machinery and equipment23€6,693
Furniture and vehicles24€33,465
Current assets29/58€113,885
Stocks and contracts in progress3€113,500
Stocks30/36€113,500
Cash at bank and in hand54/58€273
Deferred charges and accrued income490/1€112
Equity and liabilities
Total equity and liabilities10/49€154,043
Equity10/15-€25,998
Contributions10/11€5,000
Profit (loss) carried forward14-€30,998
Amounts payable17/49€180,041
Amounts payable within one year42/48€180,041
Trade debts44€896
Suppliers440/4€896
Taxes, remuneration and social security45€117
Taxes450/3€117
Other amounts payable47/48€179,029
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,842
Other operating charges640/8€721
Gross operating margin9900-€22,424
Operating profit (loss)9901-€30,987
Financial income75/76B€29
Recurring financial income75€29
Financial charges65/66B€40
Recurring financial charges65€40
Profit (loss) for the period before taxes9903-€30,998
Profit (loss) for the period9904-€30,998
Profit (loss) for the period to be appropriated9905-€30,998
Appropriation of the result
Profit (loss) to be appropriated9906-€30,998

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,842
Other operating charges640/8€721
Gross operating margin9900-€22,424
Operating profit (loss)9901-€30,987
Financial income75/76B€29
Recurring financial income75€29
Financial charges65/66B€40
Recurring financial charges65€40
Profit (loss) for the period before taxes9903-€30,998
Profit (loss) for the period9904-€30,998
Profit (loss) for the period to be appropriated9905-€30,998
Line2025
Assets
Total assets20/58€154,043
Fixed assets21/28€40,158
Tangible fixed assets22/27€40,158
Plant, machinery and equipment23€6,693
Furniture and vehicles24€33,465
Current assets29/58€113,885
Stocks and contracts in progress3€113,500
Stocks30/36€113,500
Cash at bank and in hand54/58€273
Deferred charges and accrued income490/1€112
Equity and liabilities
Total equity and liabilities10/49€154,043
Equity10/15-€25,998
Contributions10/11€5,000
Profit (loss) carried forward14-€30,998
Amounts payable17/49€180,041
Amounts payable within one year42/48€180,041
Trade debts44€896
Suppliers440/4€896
Taxes, remuneration and social security45€117
Taxes450/3€117
Other amounts payable47/48€179,029
Line2025
Profit (loss) for the period9904-€30,998
+ Depreciation and write-downs630€7,842
Operating cash flow (approximation)-€23,156

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 29-06-2026 2026-00212304

Similar companies · same sector and region

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 the 1,941 active companies whose main activity is raising of horses and other equines (NACE 01430), figures are known for 749. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.