FDG SERVICES
ActiveSummary
FDG SERVICES has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €92,101 and a net result of €29,663. Equity is growing by ~6.2% per year across the filed fiscal years. Its solvency ranks better than 87% of 2033 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+11
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity ample (current ratio 5.2 against 5.75 in 2024; short-term debt: 18.4% and cash: 78.2% of total assets), and 18.4% 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
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
81.6%
Return on assets
26.3%
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
73 d early
2023
29 d late
2022
29 d late
2021
30 d late
2020
31 d late
2019
92 d late
← 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 20 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% 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. Usually files around 29 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
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 How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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 2025, abbreviated schema
Equity
€92,101▲ 15.4%
2024 · €79,801
Total assets
€112,857▲ 18.5%
2024 · €95,207
Net result
€29,663▲ 89.6%
2024 · €15,641
Working capital
€87,098▲ 19.2%
2024 · €73,074
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, 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
Line20212022202320242025
Operating result€29,742▲ 548%€28,706▼ 3.5%€24,694▼ 14.0%€22,271▼ 9.8%€39,315▲ 76.5%
Net result€21,583within the sector's middle half▲ 682%€19,080within the sector's middle half▼ 11.6%€15,975within the sector's middle half▼ 16.3%€15,641within the sector's middle half▼ 2.1%€29,663within the sector's middle half▲ 89.6%
Equity€77,878within the sector's middle half▲ 22.6%€78,865within the sector's middle half▲ 1.3%€83,401within the sector's middle half▲ 5.8%€79,801within the sector's middle half▼ 4.3%€92,101within the sector's middle half▲ 15.4%
Total assets€88,647within the sector's middle half▲ 25.5%€93,276within the sector's middle half▲ 5.2%€108,287within the sector's middle half▲ 16.1%€95,207within the sector's middle half▼ 12.1%€112,857below the sector's middle half▲ 18.5%
Debt€10,769▲ 51.3%€14,411▲ 33.8%€24,887▲ 72.7%€15,405▼ 38.1%€20,756▲ 34.7%
Working capital€73,922within the sector's middle half▲ 16.8%€70,223within the sector's middle half▼ 5.0%€75,431within the sector's middle half▲ 7.4%€73,074within the sector's middle half▼ 3.1%€87,098within the sector's middle half▲ 19.2%
Solvency87.9%above the sector's middle half▼ 2.1pp84.5%above the sector's middle half▼ 3.3pp77.0%above the sector's middle half▼ 7.5pp83.8%above the sector's middle half▲ 6.8pp81.6%above the sector's middle half▼ 2.2pp
Current ratio7.86above the sector's middle half▼ 2.035.88above the sector's middle half▼ 1.984.03within the sector's middle half▼ 1.855.75above the sector's middle half▲ 1.725.20above the sector's middle half▼ 0.55
Return on assets (ROA)24.3%above the sector's middle half▲ 20.4pp20.5%within the sector's middle half▼ 3.9pp14.8%within the sector's middle half▼ 5.7pp16.4%within the sector's middle half▲ 1.7pp26.3%above the sector's middle half▲ 9.9pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 77% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €112,857
Fixed assets
€5,034 ▼ 25.5%
Current assets
€107,822 ▲ 21.9%
Equity and liabilities €112,857
Equity
€92,101 ▲ 15.4%
Debt
€20,756 ▲ 34.7%
Debt's share of the balance-sheet total rises from 16.2% to 18.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€47,675▲
2024 · €25,172
Cash flow
€38,023▲
2024 · €18,542
Debt to equity
0.23▲
2024 · 0.19
ROE
32.2%▲
2024 · 19.6%
Interest coverage
84.40▲
2024 · 20.34
Debt ≤ 1 year
€20,724▲
2024 · €15,374
Income taxes
€9,087▲
2024 · €5,393
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,679 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.8%
stopped otherwise
95%
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 0.2% 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 34,679 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €2,066 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €311 | €2,158 | €2,511 | €2,901 | €8,360 | ▲ 188% |
| Other operating charges640/8 | €308 | €387 | €696 | €753 | €531 | ▼ 29.6% |
| Gross operating margin9900 | €30,362 | €31,252 | €27,901 | €25,925 | €48,205 | ▲ 85.9% |
| Operating profit (loss)9901 | €29,742 | €28,706 | €24,694 | €22,271 | €39,315 | ▲ 76.5% |
| Financial income75/76B | €2 | €0 | €0 | - | €0 | - |
| Recurring financial income75 | €2 | €0 | €0 | - | €0 | - |
| Financial charges65/66B | €141 | €797 | €1,620 | €1,238 | €565 | ▼ 54.4% |
| Recurring financial charges65 | €141 | €797 | €1,620 | €1,238 | €565 | ▼ 54.4% |
| Profit (loss) for the period before taxes9903 | €29,604 | €27,910 | €23,073 | €21,034 | €38,750 | ▲ 84.2% |
| Income taxes67/77 | €8,021 | €8,830 | €7,098 | €5,393 | €9,087 | ▲ 68.5% |
| Profit (loss) for the period9904 | €21,583 | €19,080 | €15,975 | €15,641 | €29,663 | ▲ 89.6% |
| Profit (loss) for the period to be appropriated9905 | €21,583 | €19,080 | €15,975 | €15,641 | €29,663 | ▲ 89.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €88,647 | €93,276 | €108,287 | €95,207 | €112,857 | ▲ 18.5% |
| Fixed assets21/28 | €3,956 | €8,671 | €8,000 | €6,758 | €5,034 | ▼ 25.5% |
| Intangible fixed assets21 | - | - | - | - | €1,428 | - |
| Tangible fixed assets22/27 | €3,956 | €8,671 | €8,000 | €6,758 | €3,606 | ▼ 46.6% |
| Plant, machinery and equipment23 | - | €271 | €607 | €392 | €176 | ▼ 55.2% |
| Furniture and vehicles24 | €51 | €5,295 | €5,090 | €4,864 | €2,728 | ▼ 43.9% |
| Other tangible fixed assets26 | €3,905 | €3,104 | €2,303 | €1,503 | €702 | ▼ 53.3% |
| Current assets29/58 | €84,691 | €84,605 | €100,287 | €88,448 | €107,822 | ▲ 21.9% |
| Amounts receivable after more than one year29 | €2,000 | €3,500 | - | - | - | - |
| Other amounts receivable291 | €2,000 | €3,500 | - | - | - | - |
| Amounts receivable within one year40/41 | €8,667 | €24,777 | €26,013 | €18,610 | €15,636 | ▼ 16.0% |
| Trade receivables40 | €7,330 | €24,744 | €24,486 | €17,542 | €13,989 | ▼ 20.3% |
| Other amounts receivable41 | €1,337 | €32 | €1,527 | €1,068 | €1,647 | ▲ 54.2% |
| Cash at bank and in hand54/58 | €71,274 | €45,853 | €65,698 | €63,312 | €88,293 | ▲ 39.5% |
| Deferred charges and accrued income490/1 | €2,750 | €10,476 | €8,577 | €6,527 | €3,894 | ▼ 40.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €88,647 | €93,276 | €108,287 | €95,207 | €112,857 | ▲ 18.5% |
| Equity10/15 | €77,878 | €78,865 | €83,401 | €79,801 | €92,101 | ▲ 15.4% |
| Reserves13 | €77,878 | €78,865 | €83,401 | €79,801 | €92,101 | ▲ 15.4% |
| Distributable reserves133 | €77,878 | €78,865 | €83,401 | €79,801 | €92,101 | ▲ 15.4% |
| Amounts payable17/49 | €10,769 | €14,411 | €24,887 | €15,405 | €20,756 | ▲ 34.7% |
| Amounts payable within one year42/48 | €10,769 | €14,383 | €24,857 | €15,374 | €20,724 | ▲ 34.8% |
| Trade debts44 | €431 | €1,241 | €1,138 | €461 | - | - |
| Suppliers440/4 | €431 | €1,241 | €1,138 | €461 | - | - |
| Taxes, remuneration and social security45 | €10,338 | €13,066 | €21,016 | €14,913 | €8,003 | ▼ 46.3% |
| Taxes450/3 | €10,338 | €13,066 | €21,016 | €14,913 | €8,003 | ▼ 46.3% |
| Other amounts payable47/48 | - | €76 | €2,702 | - | €12,721 | - |
| Accrued charges and deferred income492/3 | - | €29 | €30 | €31 | €32 | ▲ 2.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21,583 | €19,080 | €15,975 | €15,641 | €29,663 | ▲ 89.6% |
| + Depreciation and write-downs630 | €311 | €2,158 | €2,511 | €2,901 | €8,360 | ▲ 188% |
| Operating cash flow (approximation) | €21,894 | €21,238 | €18,487 | €18,542 | €38,023 | ▲ 105% |
| Investment in fixed assets (approximation) | - | -€6,872 | -€1,841 | -€1,659 | -€6,636 | ▼ 300% |
| Change in cash | - | -€25,422 | €19,845 | -€2,386 | €24,981 | ▲ 1,147% |
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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €29,663 ▲89.6%
Operating result €39,315, net result €29,663, both a record.
19-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €2,759 ▼46.1%
Net result drops to €2,759, the lowest in the series; recovery starts the following year.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
04-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Essen · 1 establishment unit since 2016
Ground area
817 m²
Building footprint
231 m²
Volume, LiDAR
1,331 m³
2 parcels, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FDG SERVICES
since 20162.253.104.518
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11642C0030/00S000 | Flanders | 641 m² | 1 · 167 m² | 9.3 m · 2 fl. |
| 11462A0127/00A017 | Flanders | 175 m² | 1 · 65 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
MORGAL INTERNATIONAL
BE 0430.420.573
Elsene · Eq €92,077
Bouw Controles - Contrôles de Bâtiments
BE 0472.637.448
Gent · Eq €92,158
VVS Experts
BE 1011.292.801
Kruisem · Eq €92,256
ESTC Engineering
BE 0820.501.125
Lasne · Eq €92,264
VW TechnX
BE 1004.733.225
Ardooie · Eq €92,267
Of 11,577 companies in sector 71121 we hold annual accounts for 6,570. 5,217 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
Founded25-08-2015
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
43990Other specialised construction activities
71209Other technical testing and analysis
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
95220Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
95290Repair and maintenance of other personal and household goods
E-invoicing
Reachable via Peppol
Peppol ID
0208:0635743641
Also
9925:BE0635743641
Registered
05-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.