FD Services
ActiveSummary
The computed 12-month bankruptcy probability of FD Services is 4.1% (elevated). The annual accounts of FD Services for fiscal year 2024 show a net loss of 70% of the equity at the start of that year. The 2024 annual accounts show equity of €4,560 and a net result of -€10,750. Equity is shrinking by ~62% per year across the filed fiscal years. Its solvency ranks better than 9% of 1860 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability30▲+19
Solvency26▼-3
Growth32=
Track record94
Bankruptcy probability, 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.02 against 1.44 in 2023; short-term debt: 98.5% and cash: 1.5% of total assets), and 98.7% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
+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 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 dateAge against the risk zone
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
1.3%
Return on assets
-3.1%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
21222324
2021 to 2024 · latest year -€10,750
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 1860 sector peers (2024).
NBB · sector comparisonPosition among 1860 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-06-2025, 59 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
59 d early
2023
21 d early
2022
56 d early
2021
82 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 55 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% 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 What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, abbreviated schema
Equity
€4,560▼ 70.2%
2023 · €15,311
Total assets
€344,421▼ 10.1%
2023 · €383,309
Net result
-€10,750▲ 56.0%
2023 · -€24,411
Working capital
€5,179▼ 95.3%
2023 · €110,714
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, 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
Line2021202220232024
Operating result€118,765--€44,746-€20,915▲ 53.3%-€6,509▲ 68.9%
Net result€76,859within the sector's middle half--€47,137below the sector's middle half-€24,411below the sector's middle half▲ 48.2%-€10,750below the sector's middle half▲ 56.0%
Equity€86,859below the sector's middle half-€39,722below the sector's middle half▼ 54.3%€15,311below the sector's middle half▼ 61.5%€4,560below the sector's middle half▼ 70.2%
Total assets€318,773below the sector's middle half-€444,209below the sector's middle half▲ 39.3%€383,309below the sector's middle half▼ 13.7%€344,421below the sector's middle half▼ 10.1%
Debt€231,914-€404,487▲ 74.4%€367,999▼ 9.0%€339,861▼ 7.6%
Working capital€98,406within the sector's middle half-€161,679within the sector's middle half▲ 64.3%€110,714within the sector's middle half▼ 31.5%€5,179within the sector's middle half▼ 95.3%
Solvency27.2%within the sector's middle half-8.9%below the sector's middle half▼ 18.3pp4.0%below the sector's middle half▼ 4.9pp1.3%below the sector's middle half▼ 2.7pp
Current ratio1.46within the sector's middle half-1.58within the sector's middle half▲ 0.121.44within the sector's middle half▼ 0.141.02within the sector's middle half▼ 0.43
Return on assets (ROA)24.1%above the sector's middle half--10.6%below the sector's middle half▼ 34.7pp-6.4%below the sector's middle half▲ 4.2pp-3.1%below the sector's middle half▲ 3.2pp
Staff (FTE)714,720.3above the sector's middle half-30.6above the sector's middle half▼ 100.0%4.9within the sector's middle half▼ 84.0%1.9below the sector's middle half▼ 61.2%
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6,509 in 2024 against €20,915 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €344,421
Equity
€4,560 ▼ 70.2%
Debt
€339,861 ▼ 7.6%
Debt's share of the balance-sheet total rises from 96.0% to 98.7%. Equity and debt are lower.
Key figures and ratios
Quick ratio
0.30▼
2023 · 0.48
Debt to equity
74.53▲
2023 · 24.04
ROE
-235.8%▼
2023 · -159.4%
Debt ≤ 1 year
€339,243▲
2023 · €250,297
Income taxes
€460
Staff costs
€82,309▼
2023 · €187,362
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 849 companies that looked in July 2024 the way this one looks now, 3.9% went bankrupt within 24 months and 92% are still going.
- Micro
- 5 to 10 years old
- solvency under 10%
- a small loss
3.9%
went bankrupt
3.3%
stopped otherwise
92%
still going
A further 0.9% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 4.1% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.7% |
| 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 75% 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 849 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 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €714,720 | €807,901 | €187,362 | €82,309 | ▼ 56.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €976 | €1,997 | €5,459 | - | - |
| Other operating charges640/8 | €11,013 | €19,389 | €24,825 | €40,588 | ▲ 63.5% |
| Gross operating margin9900 | €845,473 | €784,541 | €196,731 | €116,388 | ▼ 40.8% |
| Operating profit (loss)9901 | €118,765 | -€44,746 | -€20,915 | -€6,509 | ▲ 68.9% |
| Financial income75/76B | €271 | €0 | €213 | - | - |
| Recurring financial income75 | €271 | €0 | €213 | - | - |
| Financial charges65/66B | €1,194 | €1,931 | €3,709 | €3,781 | ▲ 1.9% |
| Recurring financial charges65 | €1,194 | €1,931 | €3,709 | €3,781 | ▲ 1.9% |
| Profit (loss) for the period before taxes9903 | €117,842 | -€46,677 | -€24,411 | -€10,290 | ▲ 57.8% |
| Income taxes67/77 | €40,983 | €460 | - | €460 | - |
| Profit (loss) for the period9904 | €76,859 | -€47,137 | -€24,411 | -€10,750 | ▲ 56.0% |
| Profit (loss) for the period to be appropriated9905 | €76,859 | -€47,137 | -€24,411 | -€10,750 | ▲ 56.0% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €318,773 | €444,209 | €383,309 | €344,421 | ▼ 10.1% |
| Formation expenses20 | €69 | - | - | - | - |
| Fixed assets21/28 | €5,563 | €3,635 | €22,298 | - | - |
| Tangible fixed assets22/27 | €5,563 | €3,635 | €22,298 | - | - |
| Furniture and vehicles24 | €5,563 | €3,635 | €22,298 | - | - |
| Current assets29/58 | €313,141 | €440,574 | €361,011 | €344,421 | ▼ 4.6% |
| Stocks and contracts in progress3 | - | €241,225 | €241,225 | €241,225 | = |
| Stocks30/36 | - | €241,225 | €241,225 | €241,225 | = |
| Amounts receivable within one year40/41 | €189,807 | €136,009 | €112,797 | €93,762 | ▼ 16.9% |
| Trade receivables40 | €188,227 | €115,662 | €96,408 | €93,566 | ▼ 2.9% |
| Other amounts receivable41 | €1,580 | €20,347 | €16,389 | €196 | ▼ 98.8% |
| Cash at bank and in hand54/58 | €123,335 | €63,216 | €2,061 | €5,308 | ▲ 158% |
| Deferred charges and accrued income490/1 | - | €124 | €4,929 | €4,126 | ▼ 16.3% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €318,773 | €444,209 | €383,309 | €344,421 | ▼ 10.1% |
| Equity10/15 | €86,859 | €39,722 | €15,311 | €4,560 | ▼ 70.2% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Reserves13 | €76,859 | €76,859 | €76,859 | €76,859 | = |
| Distributable reserves133 | €76,859 | €76,859 | €76,859 | €76,859 | = |
| Profit (loss) carried forward14 | - | -€47,137 | -€71,549 | -€82,299 | ▼ 15.0% |
| Amounts payable17/49 | €231,914 | €404,487 | €367,999 | €339,861 | ▼ 7.6% |
| Amounts payable after more than one year17 | - | €111,468 | €77,556 | - | - |
| Financial debts170/4 | - | €111,468 | €77,556 | - | - |
| Amounts payable within one year42/48 | €214,735 | €278,895 | €250,297 | €339,243 | ▲ 35.5% |
| Current portion of amounts payable after more than one year42 | - | €33,573 | €33,911 | - | - |
| Trade debts44 | €101,814 | €21,820 | - | - | - |
| Suppliers440/4 | €101,814 | €21,820 | - | - | - |
| Taxes, remuneration and social security45 | €73,277 | €33,181 | - | €2,938 | - |
| Taxes450/3 | €37,218 | €31,443 | - | €2,938 | - |
| Remuneration and social security454/9 | €36,059 | €1,738 | - | - | - |
| Other amounts payable47/48 | €39,644 | €190,321 | €216,386 | €336,304 | ▲ 55.4% |
| Accrued charges and deferred income492/3 | €17,179 | €14,125 | €40,145 | €619 | ▼ 98.5% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €76,859 | -€47,137 | -€24,411 | -€10,750 | ▲ 56.0% |
| + Depreciation and write-downs630 | €976 | €1,997 | €5,459 | - | - |
| Operating cash flow (approximation) | €77,835 | -€45,140 | -€18,953 | -€10,750 | ▲ 43.3% |
| Investment in fixed assets (approximation) | - | -€69 | -€24,122 | - | - |
| Change in cash | - | -€60,119 | -€61,155 | €3,248 | ▲ 105% |
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
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
05-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet -€47,137
Net result drops to -€47,137, the lowest in the series; recovery starts the following year.
10-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Sint-Niklaas · 1 establishment unit since 2021
Ground area
691 m²
Parcel 46446B1011/00E000, Flanders. Linked by address, not a title deed.
1 establishment unit
FD Services
since 20212.314.205.709
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46446B1011/00E000 | Flanders | 691 m² | - | - |
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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 296 EUR awarded · 296 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 296 EUR | 296 EUR |
Similar companies · same sector, comparable size
BILLY TRANSPORT
BE 0799.510.325
Anderlecht · Eq €4,551
AJC TRANSPORTS
BE 0804.494.838
Jodoigne · Eq €4,577
KRC TRANSPORT
BE 0731.784.331
Vilvoorde · Eq €4,578
FT COMPANY
BE 0785.783.142
Schaarbeek · Eq €4,537
MG HORIZON
BE 0893.022.481
Gerpinnes · Eq €4,585
Of 12,584 companies in sector 49410 we hold annual accounts for 8,203. 2,597 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
Founded26-02-2021
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
46711Wholesale of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46180Agents specialised in the wholesale of other particular products
46720Wholesale of motor vehicle parts and accessories
46730Wholesale trade
52210Service activities incidental to land transportation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0764402857
Also
9925:BE0764402857
Registered
30-01-2026
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.