Equity
€44,011 from €175,761 in 2018
Equity fell by 75% in 7 years.
FDFG Conseils
Lifetime
20 annual accounts with figures on one time axis, 23 filings since 2003peak €301,346 (2024)
€294,541▼ 2.3%
peak €185,895 (2024)
€165,631▼ 10.9%
peak €175,761 (2018)
€44,011▼ 40.0%
€333,476▼ 1.0%
peak 2 FTE (2023)
2 FTEunchanged
Board6 names since 2019
4 directorsFAYEN and 3 others
Owners4 names in the annual accounts
25%Downstream and 3 others
Documentsfilings and deeds
13-04-2026109 days before the deadline
2025financial year
Dividend €37,690Equity from €73,380 to €44,011Cash from €131,274 to €81,087
Key points
from the 2025 annual accountsChecked score
89
Excellent
Financially stronger than 30% of micro companies in legal and accounting (NACE 69)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: < 0.1% across 20,107 companies (NACE 69, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%lowest value
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025lowest value
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: 0.1%▲ +0.1 percentage points vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
Equity €44,011 (11.7% of total assets)
No registered site in the KBO
lowers risk
Sector: Legal and accounting activities (NACE 69)
Liquidity: current ratio 1.00, cash €81,087
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 69, micro). It does better than 16% of them on solvency, 9% on liquidity, 82% on profitability and 13% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,818 companies had the same profile as FDFG Conseils has now. Each dot stands for 10 companies, two years later.
95.1%
were still trading
3.7%
stopped another way
1.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of FDFG Conseils itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,818 companies, not a prediction for FDFG Conseils. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 1.0 (1.07 in 2024), below 1. Short-term debt is 83.3% and cash 21.5% of total assets. 88.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 13-04-2026, 109 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
109 days early
2024
108 days early
2023
61 days early
2022
11 days early
2021
11 days early
2020
18 days late
2019
24 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 37 days before the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 June (5 of the last 5 accounts filed within 49 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Downstream 25%score 98equity €115,183 (2025) · 2025 annual accounts of Downstream
- FAYEN 25%score 93equity €857,289 (2025) · 2025 annual accounts of FAYEN
- Forthomme Management 25%score 94equity €50,956 (2025) · 2025 annual accounts of Forthomme Management
Recent changes
Company renamed from Gestion-Conseil Dumoulin & Associés to FDFG Conseils
Changes of role: FAYEN Jean-François Madeleine René (director) and LDE MANAGEMENT (director) · Appointments: Downstream (director) and Forthomme Management (director) · Permanent representatives: FAYEN Jean-François Madeleine René, DEROUAUX Laurence Isabelle Aline Ghislaine, GERON Thibaut Colette Joseph and FORTHOMME Laurent Egide Lambert Mandy Ghislain · General meeting of 21-12-2023 · Gazette deed
Registered office moved from Heusy to Petit-Rechain
New registered office: Rue de Battice n°28 à 4800 Petit-Rechain · Previous registered office: Rue Guillaume Lekeu 23-4802 HEUSY · Resignation: Jacques DUMOULIN (director) · General meeting of 03-12-2019 · Gazette deed
Incorporation
published on 02-05-2003 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FDFG Conseils Verviers | €377,487 | €294,541 | 11.7% | 2 |
| FIDUCIAIRE DE FERRIERES Liège | €374,723 | €305,767 | 75.0% | 3 |
| Frédéric LONHIENNE Nandrin | €498,710 | €249,514 | 41.0% | 2.2 |
| CO-SERVICE Amay | €563,578 | €315,734 | 69.5% | 2.7 |
| ACCOUNTANTSKANTOOR DEJONCKHEERE Poperinge | €513,287 | €322,033 | 75.7% | 2 |
| DAKA TEAM Wezembeek-Oppem | €525,617 | €306,399 | 85.7% | 2 |
| DERUDDER BOEKHOUDINGSKANTOOR Wervik | €381,434 | €386,450 | 19.3% | 2.1 |
These companies have the same main activity as FDFG Conseils: certified accountants and tax accountants (NACE 69201). They are comparable in size and age: total assets between €375,000 and €564,000, founded between 1995 and 2007.
Official details
Source: KBO- Status
- Active since 23-04-2003Normal situation
- Activity
- Certified accountants and tax accountantsNACE 69201
- Joint committee
- 336Liberal professions · annual accounts 2025
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €377,487▼ 8.0%
- Employeeson 31-12-2025
- 2=
- Filing
- Filed on 13-04-2026, 109 days before the end of the filing period
Insights on FDFG Conseils
FDFG Conseils has existed since 2003. The gross margin grew from €24,515 in 2006 to €294,541 in 2025.
Solvency fell in 2025 from 17.9% to 11.7%.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about FDFG Conseils
- What is the company number of FDFG Conseils?
- The company number of FDFG Conseils is 0480.076.655. The VAT number is the same number with BE in front: BE 0480.076.655.
- Where is FDFG Conseils based?
- The registered office is at Rue de Battice 28, 4800 Verviers.Company details
- What does FDFG Conseils do?
- According to the KBO register, the main activity is certified accountants and tax accountants (NACE 69201).
- What is the legal form of FDFG Conseils?
- FDFG Conseils is a private limited company (BV).
- When was FDFG Conseils founded?
- FDFG Conseils was founded on 23-04-2003.
- Is FDFG Conseils still active?
- Yes, FDFG Conseils is an active enterprise in the KBO register.
- How many employees does FDFG Conseils have?
- FDFG Conseils had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does FDFG Conseils fall under?
- In its 2025 annual accounts, FDFG Conseils states joint committee 336 (Liberal professions).
- What is the turnover of FDFG Conseils?
- The turnover in financial year 2025 is ≈ €510,000. This figure is estimated from the gross margin of €294,541 and 34 comparable companies (NACE 69201). It probably lies between €440,000 and €610,000.
- Is FDFG Conseils profitable?
- In financial year 2025, FDFG Conseils made a profit of €165,631.
- Where can I find the annual accounts of FDFG Conseils?
- FDFG Conseils filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FDFG Conseils due?
- FDFG Conseils must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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