Financials
- Fiscal year
- 2024
- Total assets
- €170,735
- Loss
- -€16,004
- Solvency
- 44.9%
FD Pellets
ActiveSummary
The computed 12-month bankruptcy probability of FD Pellets is 1.5% (moderate). The 2024 annual accounts show equity of €76,648 and a net result of -€16,004. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 61% of 26034 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Retail sale of other household articles
NACE 47559Installation of electric heating, air conditioning, cooling and ventilation NACE 43222NACE 47599
1 site
Size
€170,735total assets 2024
- Equity
- €76,648
- Loss
- -€16,004
Turnover not published (abridged schema)
Structure
Accounts 63 d overdue0 of 1 deed read
Why 63- Figures for FY 2024 (filed 05-09-2025)- 1 financial year not filed after the legal deadline; latest accounts 35 days late; 2 of the last 3 late- Loss of €16,004 (FY 2024)+ Liquidity: current ratio 2.45, cash €150,404Show the evidence
Checked score
Score 2024
63
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 46% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Average
Solvency
70-13
equity 44.9% of total assets
Liquidity
81+1
short-term debt 40.1% · cash 88.1%
Profitability
14-52
return on assets -9.4%
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 20 months
03-2025: 0.3%
04-2025: 0.3%▼ -1.1% vs 03-2025
05-2025: 0.3%▼ -2.9% vs 04-2025
06-2025: 0.3%▼ -0.7% vs 05-2025lowest value
07-2025: 0.3%▲ +9.7% vs 06-2025
08-2025: 0.5%▲ +83.3% vs 07-2025
09-2025: 0.6%▲ +11.2% vs 08-2025
10-2025: 0.6%▼ -1.8% vs 09-2025
11-2025: 0.6%● 0.0% vs 10-2025
12-2025: 0.6%● 0.0% vs 11-2025
01-2026: 0.5%▼ -14.2% vs 12-2025
02-2026: 0.5%▼ -3.0% vs 01-2026
03-2026: 0.5%▼ -0.4% vs 02-2026
04-2026: 0.5%▼ -1.0% vs 03-2026
05-2026: 0.4%▼ -8.5% vs 04-2026
06-2026: 0.4%▼ -6.1% vs 05-2026
07-2026: 0.4%▼ -0.5% vs 06-2026
08-2026: 0.7%▲ +73.7% vs 07-2026
09-2026: 0.8%▲ +11.9% vs 08-2026
10-2026: 1.5%▲ +89.2% vs 09-2026highest value
- Figures for FY 2024 (filed 05-09-2025) raises the probability
- Liquidity: current ratio 2.45, cash €150,404 lowers the probability
- 1 financial year not filed after the legal deadline; latest accounts 35 days late; 2 of the last 3 late raises the probability
- Loss of €16,004 (FY 2024) raises the probability
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 2.45 against 2.32 in 2023; short-term debt: 40.1% and cash: 88.1% of total assets), but 55.1% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, micro). Better than this share of them on solvency 59%, liquidity 85%, profitability 19%, growth against the median 21%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-09-2025, 35 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
35 d late
2023
65 d late
2022
22 d late
2021
22 d late
2020
30 d late
2019
90 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 44 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)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Annual accounts filedfiscal year 2022 · micro…
Key points
By topic
Timeline
- Events
- 11
- Since
- 2019
- 04-09-2025Annual accounts filed
- 04-10-2024Annual accounts filed
- 22-08-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Retail sale of other household articlesNACE 47559
- Founded
- 18-01-2018
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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