FDO I.LOG
ActiveSummary
FDO I.LOG has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.29M and a net result of €3.12M. Equity is shrinking by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 76% of 4556 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+30
Solvency98▲+39
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500k at 30 days acceptable
Liquidity ample (current ratio 5.25 against 1.12 in 2024; short-term debt: 13.5% and cash: 0.8% of total assets), and 26.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven 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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% 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
73.1%
Return on assets
36.2%
Age of the figures
9 mo
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 · 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 €6.29M
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 12-05-2026, 80 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
80 d early
2024
99 d early
2023
120 d early
2022
132 d early
2021
947 d late
2020
1221 d late
2019
107 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€3.12M▲ 1,308%
2024 · €222k
2018: €-272klowest in 8 years
2019: €714k▲ +362% vs 2018
2020: €69k▼ -90.3% vs 2019
2021: €249k▲ +259% vs 2020
2022: €-84k▼ -134% vs 2021
2023: €183k▲ +317% vs 2022
2024: €222k▲ +20.8% vs 2023
2025: €3.12M▲ +1308% vs 2024highest in 8 years
2018 → 2025
Working capital
€4.94M▲ 2,409%
2024 · €197k
2018: €3.24M
2019: €3.52M▲ +8.7% vs 2018
2020: €4.69M▲ +33.0% vs 2019
2021: €2.02M▼ -56.8% vs 2020
2022: €633k▼ -68.8% vs 2021
2023: €387k▼ -38.9% vs 2022
2024: €197k▼ -49.1% vs 2023lowest in 8 years
2025: €4.94M▲ +2409% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3.44M-€3.35M▼ 2.5%€3.49M▲ 4.1%€3.47M▼ 0.6%€6.29M▲ 81.3%
2021: €3.44M
2022: €3.35M▼ -2.5% vs 2021lowest in 5 years
2023: €3.49M▲ +4.1% vs 2022
2024: €3.47M▼ -0.6% vs 2023
2025: €6.29M▲ +81.3% vs 2024highest in 5 years
Operating result€275k-€-132k€442k€384k▼ 13.2%€4.29M▲ 1,017%
2021: €275k
2022: €-132k▼ -148% vs 2021lowest in 5 years
2023: €442k▲ +436% vs 2022
2024: €384k▼ -13.2% vs 2023
2025: €4.29M▲ +1017% vs 2024highest in 5 years
Net result€249k-€-84k€183k€222k▲ 20.8%€3.12M▲ 1,308%
2021: €249k
2022: €-84k▼ -134% vs 2021lowest in 5 years
2023: €183k▲ +317% vs 2022
2024: €222k▲ +20.8% vs 2023
2025: €3.12M▲ +1308% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1,017% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.61M
Fixed assets
€2.51M ▼ 69.7%
Current assets
€6.10M ▲ 230%
Equity and liabilities €8.61M
Equity
€6.29M ▲ 81.3%
Provisions
€752k ▲ 260%
Debt
€1.56M ▼ 75.7%
Debt's share of the balance-sheet total falls from 63.6% to 18.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€4.37M▲
2024 · €902k
Cash flow
€3.20M▲
2024 · €739k
Current ratio
5.25▲
2024 · 1.12
Quick ratio
5.23▲
2024 · 1.10
Debt to equity
0.25▼
2024 · 1.85
ROE
49.6%▲
2024 · 6.4%
ROA
36.2%▲
2024 · 2.2%
Interest coverage
27.16▲
2024 · 5.80
Debt ≤ 1 year
€1.16M▼
2024 · €1.65M
Debt > 1 year
€400k▼
2024 · €4.77M
Income taxes
€484k▲
2024 · €71k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 64 lines
Balance sheet
Code20242025
Assets
Total assets20/58€10.11M€8.61M▼
Fixed assets21/28€8.26M€2.51M▼
Tangible fixed assets22/27€8.02M€2.27M▼
Land and buildings22€7.80M€2.24M▼
Furniture and vehicles24€175k-
Other tangible fixed assets26€38k€29k▼
Financial fixed assets28€240k€240k=
Current assets29/58€1.85M€6.10M▲
Stocks and contracts in progress3€29k€29k=
Stocks30/36€29k€29k=
Amounts receivable within one year40/41€682k€980k▲
Trade receivables40€212k€312k▲
Other amounts receivable41€470k€668k▲
Current investments50/53€1.09M€5.01M▲
Cash at bank and in hand54/58€32k€67k▲
Deferred charges and accrued income490/1€20k€21k▲
Equity and liabilities
Total equity and liabilities10/49€10.11M€8.61M▼
Equity10/15€3.47M€6.29M▲
Contributions10/11€868k€868k=
Capital10€868k€868k=
Issued capital100€868k€868k=
Revaluation surpluses12€624k€526k▼
Reserves13€1.98M€4.90M▲
Non-distributable reserves130/1€87k€161k▲
Legal reserve130€87k€161k▲
Tax-exempt reserves132€627k€2.26M▲
Distributable reserves133€1.27M€2.48M▲
Provisions and deferred taxes16€209k€752k▲
Deferred taxes168€209k€752k▲
Amounts payable17/49€6.43M€1.56M▼
Amounts payable after more than one year17€4.77M€400k▼
Financial debts170/4€4.77M€400k▼
Amounts payable within one year42/48€1.65M€1.16M▼
Current portion of amounts payable after more than one year42€879k€29k▼
Financial debts43€21k€14k▼
Credit institutions430/8€21k€14k▼
Trade debts44€72k€254k▲
Suppliers440/4€72k€254k▲
Taxes, remuneration and social security45-€253k
Taxes450/3-€253k
Other amounts payable47/48€681k€612k▼
Income statement
Code20242025
Non-recurring operating income76A-€3.66M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€518k€80k▼
Other operating charges640/8€150k€288k▲
Gross operating margin9900€1.05M€4.65M▲
Operating profit (loss)9901€384k€4.29M▲
Financial income75/76B€51k€21k▼
Recurring financial income75€51k€21k▼
Financial charges65/66B€155k€161k▲
Recurring financial charges65€155k€161k▲
Profit (loss) for the period before taxes9903€280k€4.15M▲
Transfer from deferred taxes780€13k€160k▲
Transfer to deferred taxes680-€703k
Income taxes67/77€71k€484k▲
Profit (loss) for the period9904€222k€3.12M▲
Transfer from tax-exempt reserves789€39k€479k▲
Transfer to tax-exempt reserves689-€2.11M
Profit (loss) for the period to be appropriated9905€260k€1.49M▲
Appropriation of the result
Profit (loss) to be appropriated9906€260k€1.49M▲
Transfer to equity691/2€10k€1.29M▲
To contributions691€10k€1.22M▲
To the legal reserve6920-€74k
Profit to be distributed694/7€250k€200k▼
Return on contributions (dividend)694€250k€200k▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €3.66M | - |
| Remuneration, social security and pensions62 | €34k | €7k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €279k | €748k | €519k | €518k | €80k | ▼ 84.6% |
| Other operating charges640/8 | €83k | €106k | €136k | €150k | €288k | ▲ 92.3% |
| Gross operating margin9900 | €670k | €729k | €1.10M | €1.05M | €4.65M | ▲ 343% |
| Operating profit (loss)9901 | €275k | €-132k | €442k | €384k | €4.29M | ▲ 1,017% |
| Financial income75/76B | €116k | €33k | €13k | €51k | €21k | ▼ 58.4% |
| Recurring financial income75 | €116k | €33k | €13k | €51k | €21k | ▼ 58.4% |
| Financial charges65/66B | €88k | €84k | €204k | €155k | €161k | ▲ 3.4% |
| Recurring financial charges65 | €59k | €84k | €109k | €155k | €161k | ▲ 3.4% |
| Non-recurring financial charges66B | €29k | - | €95k | - | - | - |
| Profit (loss) for the period before taxes9903 | €303k | €-182k | €251k | €280k | €4.15M | ▲ 1,383% |
| Transfer from deferred taxes780 | €18k | €107k | €13k | €13k | €160k | ▲ 1,136% |
| Transfer to deferred taxes680 | - | - | - | - | €703k | - |
| Income taxes67/77 | €72k | €9k | €81k | €71k | €484k | ▲ 581% |
| Profit (loss) for the period9904 | €249k | €-84k | €183k | €222k | €3.12M | ▲ 1,308% |
| Transfer from tax-exempt reserves789 | €44k | €101k | €39k | €39k | €479k | ▲ 1,136% |
| Transfer to tax-exempt reserves689 | - | €73k | - | - | €2.11M | - |
| Profit (loss) for the period to be appropriated9905 | €293k | €-56k | €222k | €260k | €1.49M | ▲ 472% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8.86M | €11.03M | €10.62M | €10.11M | €8.61M | ▼ 14.8% |
| Fixed assets21/28 | €5.63M | €9.24M | €8.77M | €8.26M | €2.51M | ▼ 69.7% |
| Tangible fixed assets22/27 | €5.39M | €9.00M | €8.53M | €8.02M | €2.27M | ▼ 71.7% |
| Land and buildings22 | €5.30M | €8.63M | €8.24M | €7.80M | €2.24M | ▼ 71.3% |
| Plant, machinery and equipment23 | €2k | €0 | - | - | - | - |
| Furniture and vehicles24 | €22k | €315k | €245k | €175k | - | - |
| Other tangible fixed assets26 | €65k | €56k | €46k | €38k | €29k | ▼ 22.9% |
| Financial fixed assets28 | €241k | €240k | €240k | €240k | €240k | = |
| Current assets29/58 | €3.23M | €1.79M | €1.85M | €1.85M | €6.10M | ▲ 230% |
| Stocks and contracts in progress3 | €27k | €29k | €29k | €29k | €29k | = |
| Stocks30/36 | €27k | €29k | €29k | €29k | €29k | = |
| Amounts receivable within one year40/41 | €496k | €145k | €280k | €682k | €980k | ▲ 43.7% |
| Trade receivables40 | €18k | €57k | €111k | €212k | €312k | ▲ 47.5% |
| Other amounts receivable41 | €478k | €88k | €168k | €470k | €668k | ▲ 42.0% |
| Current investments50/53 | €2.58M | €1.42M | €1.48M | €1.09M | €5.01M | ▲ 361% |
| Cash at bank and in hand54/58 | €116k | €145k | €40k | €32k | €67k | ▲ 109% |
| Deferred charges and accrued income490/1 | €12k | €55k | €15k | €20k | €21k | ▲ 2.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8.86M | €11.03M | €10.62M | €10.11M | €8.61M | ▼ 14.8% |
| Equity10/15 | €3.44M | €3.35M | €3.49M | €3.47M | €6.29M | ▲ 81.3% |
| Contributions10/11 | €868k | €868k | €868k | €868k | €868k | = |
| Capital10 | €868k | €868k | €868k | €868k | €868k | = |
| Issued capital100 | €868k | €868k | €868k | €868k | €868k | = |
| Revaluation surpluses12 | €460k | €98k | €253k | €624k | €526k | ▼ 15.7% |
| Reserves13 | €2.11M | €2.39M | €2.37M | €1.98M | €4.90M | ▲ 147% |
| Non-distributable reserves130/1 | €87k | €87k | €87k | €87k | €161k | ▲ 85.8% |
| Legal reserve130 | €87k | €87k | €87k | €87k | €161k | ▲ 85.8% |
| Tax-exempt reserves132 | €733k | €704k | €666k | €627k | €2.26M | ▲ 260% |
| Distributable reserves133 | €1.29M | €1.60M | €1.62M | €1.27M | €2.48M | ▲ 96.0% |
| Provisions and deferred taxes16 | €341k | €235k | €222k | €209k | €752k | ▲ 260% |
| Deferred taxes168 | €341k | €235k | €222k | €209k | €752k | ▲ 260% |
| Amounts payable17/49 | €5.08M | €7.44M | €6.91M | €6.43M | €1.56M | ▼ 75.7% |
| Amounts payable after more than one year17 | €3.87M | €6.28M | €5.45M | €4.77M | €400k | ▼ 91.6% |
| Financial debts170/4 | €3.87M | €6.28M | €5.45M | €4.77M | €400k | ▼ 91.6% |
| Amounts payable within one year42/48 | €1.21M | €1.16M | €1.46M | €1.65M | €1.16M | ▼ 29.7% |
| Current portion of amounts payable after more than one year42 | €537k | €845k | €867k | €879k | €29k | ▼ 96.7% |
| Financial debts43 | €44 | €6k | €44 | €21k | €14k | ▼ 34.5% |
| Credit institutions430/8 | €44 | €6k | €44 | €21k | €14k | ▼ 34.5% |
| Trade debts44 | €38k | €55k | €57k | €72k | €254k | ▲ 250% |
| Suppliers440/4 | €38k | €55k | €57k | €72k | €254k | ▲ 250% |
| Taxes, remuneration and social security45 | €62k | €12k | €52k | - | €253k | - |
| Taxes450/3 | €58k | €12k | €52k | - | €253k | - |
| Remuneration and social security454/9 | €4k | - | - | - | - | - |
| Other amounts payable47/48 | €569k | €241k | €485k | €681k | €612k | ▼ 10.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €249k | €-84k | €183k | €222k | €3.12M | ▲ 1,308% |
| + Depreciation and write-downs630 | €279k | €748k | €519k | €518k | €80k | ▼ 84.6% |
| Operating cash flow (approximation) | €527k | €664k | €702k | €739k | €3.20M | ▲ 333% |
| Investment in fixed assets (approximation) | - | €-4.36M | €-56k | €0 | €5.67M | - |
| Change in cash | - | €29k | €-104k | €-8k | €35k | ▲ 521% |
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
12-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €3.12M ▲1,308%
Operating result €4.29M, net result €3.12M, both a record.
31-12
Financial
Liquidity times 5current ratio 5.25
Current ratio from 1.12 to 5.25; short-term debt falls from €1.65M to €1.16M.
31-12
Financial
Equity above €5MEq €6.29M ▲81.3%
3 profitable years in a row build equity to €6.29M.
23-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
04-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 947 days late
2024
03-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 1221 days late
02-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €183k
Net result €183k after one loss-making year.
21-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2020
31-12
Financial
Liquidity doublescurrent ratio 4.46
Current ratio from 2.15 to 4.46; short-term debt falls from €3.06M to €1.35M.
15-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
31-12
Financial
Back to profitnet €714k
Net result €714k after one loss-making year.
07-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
26-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 26 days late
2017
15-04
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 9 acts read
About the unread acts
We know of 9 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
9 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, Remicourt · 1 establishment unit since 1998
Ground area
3,278 m²
Building footprint
351 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue Gustave Detiège 1, 4280 Hannut
since 19982.087.704.076
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64050B0445/00F000 | Wallonia | 3,153 m² | 1 · 266 m² | - |
| 64034B0884/00B000 | Wallonia | 125 m² | 1 · 85 m² | - |
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.
Recognitions · licences · registrations
Legal Entity Identifier
9676009W7KPYIPRU8V85
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SOCIETE D'ASSAINISSEMENT ET DE RENOVATION DES SITES INDUSTRIELS DU BRABANT WALLON
BE 0260.639.790
Ottignies-Louvain-la-Neuve · Eq €6.12M
Of 1,292 companies in sector 68122 we hold annual accounts for 901. 343 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded15-06-1998
Fiscal year end31-12
Activities, NACEBEL 2025
68122Development of non-residential building projects
68121Development of residential building projects
Scores and ratios are computed by Checked and are not a credit decision.