FDB
ActiveSummary
FDB has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €86,975 and a net result of €44,210. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 61% of 31896 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+6
Solvency92▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity ample (current ratio 2.77 against 3.21 in 2024; short-term debt: 33.4% and cash: 64.4% of total assets), and 33.4% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
66.6%
Return on assets
33.8%
Age of the figures
12 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €86,975
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
on the day
2023
1 d early
2022
30 d early
2021
30 d early
2020
on the day
2019
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 9 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€44,210▲ 206%
2024 · €14,438
Working capital
€77,465▲ 72.6%
2024 · €44,873
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€14,745€14,197▼ 3.7%€34,895▲ 146%€30,870▼ 11.5%€75,009▲ 143%
Net result€12,594€7,450▼ 40.8%€20,950▲ 181%€14,438▼ 31.1%€44,210▲ 206%
Equity€7,376€14,827▲ 101%€35,777▲ 141%€50,215▲ 40.4%€86,975▲ 73.2%
Total assets€31,447▲ 231%€39,998▲ 27.2%€58,572▲ 46.4%€70,529▲ 20.4%€130,658▲ 85.3%
Debt€24,071▲ 63.7%€25,172▲ 4.6%€22,795▼ 9.4%€20,314▼ 10.9%€43,683▲ 115%
Working capital-€5,878▲ 38.2%€2,056€31,477▲ 1,431%€44,873▲ 42.6%€77,465▲ 72.6%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 143% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €130,658
Fixed assets
€9,510 ▲ 78.0%
Current assets
€121,148 ▲ 85.8%
Equity and liabilities €130,658
Equity
€86,975 ▲ 73.2%
Debt
€43,683 ▲ 115%
Debt's share of the balance-sheet total rises from 28.8% to 33.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€75,739▲
2024 · €31,201
Cash flow
€44,940▲
2024 · €14,769
Current ratio
2.77▼
2024 · 3.21
Debt to equity
0.50▲
2024 · 0.40
ROE
50.8%▲
2024 · 28.8%
ROA
33.8%▲
2024 · 20.5%
Interest coverage
46.01▲
2024 · 13.04
Debt ≤ 1 year
€43,683▲
2024 · €20,314
Income taxes
€29,163▲
2024 · €14,041
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,324 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,058 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% | 1.6% |
| 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 31,324 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 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,445 | €5,458 | - | €331 | €730 | ▲ 120% |
| Other operating charges640/8 | - | €1,350 | €950 | €2,764 | €2,719 | ▼ 1.6% |
| Gross operating margin9900 | €18,479 | €21,005 | €35,845 | €33,964 | €78,458 | ▲ 131% |
| Operating profit (loss)9901 | €14,745 | €14,197 | €34,895 | €30,870 | €75,009 | ▲ 143% |
| Financial income75/76B | - | €1 | - | €2 | €11 | ▲ 515% |
| Recurring financial income75 | €0 | €1 | - | €2 | €11 | ▲ 515% |
| Financial charges65/66B | - | €2,499 | €1,667 | €2,392 | €1,646 | ▼ 31.2% |
| Recurring financial charges65 | €1,594 | €2,499 | €1,667 | €2,392 | €1,646 | ▼ 31.2% |
| Profit (loss) for the period before taxes9903 | €13,151 | €11,700 | €33,228 | €28,479 | €73,374 | ▲ 158% |
| Income taxes67/77 | €558 | €4,249 | €12,278 | €14,041 | €29,163 | ▲ 108% |
| Profit (loss) for the period9904 | €12,594 | €7,450 | €20,950 | €14,438 | €44,210 | ▲ 206% |
| Profit (loss) for the period to be appropriated9905 | €12,594 | €7,450 | €20,950 | €14,438 | €44,210 | ▲ 206% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €31,447 | €39,998 | €58,572 | €70,529 | €130,658 | ▲ 85.3% |
| Fixed assets21/28 | €18,228 | €12,770 | €4,300 | €5,342 | €9,510 | ▲ 78.0% |
| Tangible fixed assets22/27 | €13,928 | €8,470 | - | €1,042 | €5,210 | ▲ 400% |
| Furniture and vehicles24 | - | €8,470 | - | €1,042 | €5,210 | ▲ 400% |
| Financial fixed assets28 | €4,300 | €4,300 | €4,300 | €4,300 | €4,300 | = |
| Current assets29/58 | €13,219 | €27,228 | €54,272 | €65,187 | €121,148 | ▲ 85.8% |
| Amounts receivable within one year40/41 | €12,417 | €23,453 | €31,567 | €15,854 | €30,482 | ▲ 92.3% |
| Trade receivables40 | - | €19,408 | €26,786 | €908 | €908 | = |
| Other amounts receivable41 | - | €4,045 | €4,781 | €14,946 | €29,575 | ▲ 97.9% |
| Cash at bank and in hand54/58 | €14 | €2,414 | €19,559 | €41,334 | €84,156 | ▲ 104% |
| Deferred charges and accrued income490/1 | - | €1,361 | €3,146 | €8,000 | €6,510 | ▼ 18.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €31,447 | €39,998 | €58,572 | €70,529 | €130,658 | ▲ 85.3% |
| Equity10/15 | €7,376 | €14,827 | €35,777 | €50,215 | €86,975 | ▲ 73.2% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €20,460 | €20,460 | = |
| Capital10 | - | €18,600 | €18,600 | - | - | - |
| Issued capital100 | - | €18,600 | €18,600 | - | - | - |
| Outside capital11 | - | - | - | €20,460 | €20,460 | = |
| Other1109/19 | - | - | - | €20,460 | €20,460 | = |
| Reserves13 | €1,860 | €9,310 | €30,260 | €42,839 | €79,599 | ▲ 85.8% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Legal reserve130 | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | €7,450 | €28,400 | €42,839 | €79,599 | ▲ 85.8% |
| Profit (loss) carried forward14 | -€13,084 | -€13,084 | -€13,084 | -€13,084 | -€13,084 | = |
| Amounts payable17/49 | €24,071 | €25,172 | €22,795 | €20,314 | €43,683 | ▲ 115% |
| Amounts payable after more than one year17 | €4,974 | - | - | - | - | - |
| Amounts payable within one year42/48 | €19,098 | €25,172 | €22,795 | €20,314 | €43,683 | ▲ 115% |
| Current portion of amounts payable after more than one year42 | - | €4,974 | - | - | - | - |
| Financial debts43 | - | €8,506 | - | - | - | - |
| Credit institutions430/8 | - | €8,506 | - | - | - | - |
| Trade debts44 | €208 | €2,429 | €3,148 | €1,606 | €734 | ▼ 54.3% |
| Suppliers440/4 | - | €2,429 | €3,148 | €1,606 | €734 | ▼ 54.3% |
| Taxes, remuneration and social security45 | - | €9,263 | €19,647 | €18,708 | €35,983 | ▲ 92.3% |
| Taxes450/3 | - | €7,302 | €17,404 | €18,545 | €35,805 | ▲ 93.1% |
| Remuneration and social security454/9 | - | €1,961 | €2,243 | €163 | €178 | ▲ 9.1% |
| Other amounts payable47/48 | - | - | - | - | €6,966 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,594 | €7,450 | €20,950 | €14,438 | €44,210 | ▲ 206% |
| + Depreciation and write-downs630 | €2,445 | €5,458 | - | €331 | €730 | ▲ 120% |
| Operating cash flow (approximation) | €15,038 | €12,908 | €20,950 | €14,769 | €44,940 | ▲ 204% |
| Investment in fixed assets (approximation) | - | €0 | €8,470 | -€1,373 | -€4,898 | ▼ 257% |
| Change in cash | - | €2,400 | €17,145 | €21,775 | €42,822 | ▲ 96.7% |
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
Next filing, fiscal year 2026, expected by
2026
27-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2018net €44,210 ▲206%
Operating result €75,009, net result €44,210, both a record.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Liquidity doublescurrent ratio 2.38
Current ratio from 1.08 to 2.38; short-term debt falls from €25,172 to €22,795.
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Back to profitnet €12,594
Net result €12,594 after one loss-making year.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet -€19,024
Net result drops to -€19,024, the lowest in the series; recovery starts the following year.
28-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Back to profitnet €3,041
Net result €3,041 after one loss-making year.
Show earlier events
27-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
15-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Chaumont-Gistoux · 1 establishment unit since 2006
Ground area
4,635 m²
Building footprint
229 m²
Parcel 25021G0006/00H000, Wallonia. Linked by address, not a title deed.
1 establishment unit
FDB
since 20062.151.328.851
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25021G0006/00H000 | Wallonia | 4,635 m² | 1 · 229 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.
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 40,354 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
Founded26-01-2006
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0878937388
Also
9925:BE0878937388
Registered
05-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.