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FCSC Consulting

Active
Private limited companyfounded 20233 yrs activeAndrée Geulenstraat 9, 1050 Elsene, BelgiumKBO/BCE: BE 0803.607.485
Summary

The computed 12-month bankruptcy probability of FCSC Consulting is 2.3% (moderate). The 2025 annual accounts show equity of €101,015 and a net result of €33,542. Equity is growing by ~49.4% per year across the filed fiscal years. Its solvency ranks better than 58% of 7081 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability95=
Solvency89▲+23
Growth78=
Track record94
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 2.01 against 1.54 in 2024; short-term debt: 22.7% and cash: 27.9% of total assets), and 36.3% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
63.7%
Return on assets
21.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
2 d early
2024
60 d late
2023
22 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 27 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

FCSC Consulting was incorporated on 5 July 2023 as a Private limited company.1 Total assets went from EUR 152,302 in 2023 to EUR 158,652 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€101,015▲ 47.9%
2024 · €68,313
Total assets
€158,652▼ 5.5%
2024 · €167,836
Net result
€33,542▼ 6.0%
2024 · €35,679
Working capital
€36,196▲ 50.3%
2024 · €24,088
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result€39,029-€45,171▲ 15.7%€28,910▼ 36.0%
Net result€28,494within the sector's middle half-€35,679within the sector's middle half▲ 25.2%€33,542within the sector's middle half▼ 6.0%
Equity€33,494within the sector's middle half-€68,313within the sector's middle half▲ 104%€101,015within the sector's middle half▲ 47.9%
Total assets€152,302within the sector's middle half-€167,836within the sector's middle half▲ 10.2%€158,652within the sector's middle half▼ 5.5%
Debt€118,808-€99,523▼ 16.2%€57,637▼ 42.1%
Working capital€13,345-€24,088▲ 80.5%€36,196▲ 50.3%
Solvency22.0%below the sector's middle half-40.7%within the sector's middle half▲ 18.7pp63.7%within the sector's middle half▲ 23.0pp
above within below the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, 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
€0€20,000€40,000Operating result 2023: €39,029€39,029Net result 2023: €28,494€28,494Operating result 2024: €45,171€45,171Net result 2024: €35,679€35,679Operating result 2025: €28,910€28,910Net result 2025: €33,542€33,542202320242025€0€20,000€40,000Operating result 2023: €39,029€39,000Net result 2023: €28,494€28,500Operating result 2024: €45,171€45,200Net result 2024: €35,679€35,700Operating result 2025: €28,910€28,900Net result 2025: €33,542€33,500202320242025
The operating result falls in 2025; 2025 is 36% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €158,652
Fixed assets €86,518 ▼ 12.8%
Current assets €72,133 ▲ 5.2%
Equity and liabilities €158,652
Equity €101,015 ▲ 47.9%
Debt €57,637 ▼ 42.1%
Debt's share of the balance-sheet total falls from 59.3% to 36.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€41,634▼
2024 · €57,388
Cash flow
€46,266▼
2024 · €47,896
Current ratio
2.01▲
2024 · 1.54
Debt to equity
0.57▼
2024 · 1.46
ROE
33.2%▼
2024 · 52.2%
ROA
21.1%▼
2024 · 21.3%
Interest coverage
23.92▼
2024 · 27.15
Debt ≤ 1 year
€35,937▼
2024 · €44,505
Debt > 1 year
€20,913▼
2024 · €54,630
Income taxes
€7,368▼
2024 · €9,682
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 39,275 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 against 2024 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€167,836€158,652▼
Fixed assets21/28€99,243€86,518▼
Tangible fixed assets22/27€49,243€36,518▼
Furniture and vehicles24€49,243€36,518▼
Financial fixed assets28€50,000€50,000=
Current assets29/58€68,593€72,133▲
Amounts receivable after more than one year29-€25,000
Other amounts receivable291-€25,000
Amounts receivable within one year40/41€10,946€59▼
Trade receivables40€8,853-
Other amounts receivable41€2,093€59▼
Cash at bank and in hand54/58€55,933€44,302▼
Deferred charges and accrued income490/1€1,714€2,773▲
Equity and liabilities
Total equity and liabilities10/49€167,836€158,652▼
Equity10/15€68,313€101,015▲
Contributions10/11€5,000€5,000=
Reserves13€28,000€28,000=
Distributable reserves133€28,000€28,000=
Profit (loss) carried forward14€35,313€68,015▲
Amounts payable17/49€99,523€57,637▼
Amounts payable after more than one year17€54,630€20,913▼
Financial debts170/4€54,630€20,913▼
Amounts payable within one year42/48€44,505€35,937▼
Current portion of amounts payable after more than one year42€10,257€10,717▲
Trade debts44€1,282€1,258▼
Suppliers440/4€1,282€1,258▼
Taxes, remuneration and social security45€31,910€17,666▼
Taxes450/3€26,910€12,666▼
Remuneration and social security454/9€5,000€5,000=
Other amounts payable47/48€1,057€6,297▲
Accrued charges and deferred income492/3€387€787▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,218€12,724▲
Other operating charges640/8€648€400▼
Gross operating margin9900€58,036€42,033▼
Operating profit (loss)9901€45,171€28,910▼
Financial income75/76B€2,304€13,741▲
Recurring financial income75€2,304€13,741▲
Financial charges65/66B€2,114€1,741▼
Recurring financial charges65€2,114€1,741▼
Profit (loss) for the period before taxes9903€45,360€40,910▼
Income taxes67/77€9,682€7,368▼
Profit (loss) for the period9904€35,679€33,542▼
Profit (loss) for the period to be appropriated9905€35,679€33,542▼
Appropriation of the result
Profit (loss) to be appropriated9906€36,173€68,855▲
Profit (loss) brought forward from the previous period14P€494€35,313▲
Profit to be distributed694/7€860€840▼
Return on contributions (dividend)694€860€840▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,454€12,218€12,724▲ 4.1%
Other operating charges640/8€806€648€400▼ 38.3%
Gross operating margin9900€42,289€58,036€42,033▼ 27.6%
Operating profit (loss)9901€39,029€45,171€28,910▼ 36.0%
Financial income75/76B€702€2,304€13,741▲ 496%
Recurring financial income75€702€2,304€13,741▲ 496%
Financial charges65/66B€407€2,114€1,741▼ 17.7%
Recurring financial charges65€407€2,114€1,741▼ 17.7%
Profit (loss) for the period before taxes9903€39,323€45,360€40,910▼ 9.8%
Income taxes67/77€10,829€9,682€7,368▼ 23.9%
Profit (loss) for the period9904€28,494€35,679€33,542▼ 6.0%
Profit (loss) for the period to be appropriated9905€28,494€35,679€33,542▼ 6.0%
Line202320242025Change
Assets
Total assets20/58€152,302€167,836€158,652▼ 5.5%
Fixed assets21/28€106,440€99,243€86,518▼ 12.8%
Tangible fixed assets22/27€56,440€49,243€36,518▼ 25.8%
Furniture and vehicles24€56,440€49,243€36,518▼ 25.8%
Financial fixed assets28€50,000€50,000€50,000=
Current assets29/58€45,862€68,593€72,133▲ 5.2%
Amounts receivable after more than one year29--€25,000-
Other amounts receivable291--€25,000-
Amounts receivable within one year40/41€20,169€10,946€59▼ 99.5%
Trade receivables40€13,905€8,853--
Other amounts receivable41€6,264€2,093€59▼ 97.2%
Cash at bank and in hand54/58€25,693€55,933€44,302▼ 20.8%
Deferred charges and accrued income490/1-€1,714€2,773▲ 61.8%
Equity and liabilities
Total equity and liabilities10/49€152,302€167,836€158,652▼ 5.5%
Equity10/15€33,494€68,313€101,015▲ 47.9%
Contributions10/11€5,000€5,000€5,000=
Reserves13€28,000€28,000€28,000=
Distributable reserves133€28,000€28,000€28,000=
Profit (loss) carried forward14€494€35,313€68,015▲ 92.6%
Amounts payable17/49€118,808€99,523€57,637▼ 42.1%
Amounts payable after more than one year17€85,887€54,630€20,913▼ 61.7%
Financial debts170/4€85,887€54,630€20,913▼ 61.7%
Amounts payable within one year42/48€32,517€44,505€35,937▼ 19.3%
Current portion of amounts payable after more than one year42€9,816€10,257€10,717▲ 4.5%
Trade debts44€1,742€1,282€1,258▼ 1.9%
Suppliers440/4€1,742€1,282€1,258▼ 1.9%
Taxes, remuneration and social security45€20,279€31,910€17,666▼ 44.6%
Taxes450/3€12,779€26,910€12,666▼ 52.9%
Remuneration and social security454/9€7,500€5,000€5,000=
Other amounts payable47/48€680€1,057€6,297▲ 496%
Accrued charges and deferred income492/3€404€387€787▲ 103%
Line202320242025Change
Profit (loss) for the period9904€28,494€35,679€33,542▼ 6.0%
+ Depreciation and write-downs630€2,454€12,218€12,724▲ 4.1%
Operating cash flow (approximation)€30,948€47,896€46,266▼ 3.4%
Investment in fixed assets (approximation)--€5,020€0▲ 100%
Change in cash-€30,239-€11,631▼ 138%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Equity above €100,000Eq €101,015 ▲47.9%
3 profitable years in a row build equity to €101,015.
29-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial Highest result since 2023net €35,679 ▲25.2%
Operating result €45,171, net result €35,679, both a record.
22-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Elsene · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
458 m²
Building footprint
287 m²
Volume, LiDAR
4,973 m³
Parcel 21447B0309/00V011, Brussels · tallest building 22.8 m, ±6 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Andrée Geulenstraat 9, 1050 Elsene
Financial service activities, except insurance and pension funding
since 20232.348.332.089
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21447B0309/00V011 Brussels 458 m² 1 · 287 m² 22.8 m · 6 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 1

According to the 2025 annual accounts of FCSC Consulting and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 13,417 companies in sector 73300 we hold annual accounts for 6,899. 5,599 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded05-07-2023
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0803607485
Also 9925:BE0803607485
Registered 02-05-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.