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FF1

Active Private limited companyfounded 2022active for 3 yearsWillemsstraat 14, 1210 Saint-Josse-ten-NoodeKBO/BCE: BE 0794.771.280

Overview

Lifetime

3 annual accounts with figures on one time axis
peak €125,897 (2023)
€58,298▼ 9.8%
lowest -€16,511 (2024)
€16,565▲ €33,076
peak -€5,176 (2025)
-€5,176▲ €16,565
€175,597▲ 0.4%
Board1 name since 2022
Documentsfilings and deeds
27-08-202627 days late
2025micro format
Back to profit: €16,565Equity from -€21,741 to -€5,176Cash from €22,513 to €56,422

Key points

from the 2025 annual accounts

Equity

-€5,176
202320242025

Debts exceed assets in financial year 2025.

Turnover

≈ €180,000 estimated

The micro format states no turnover.

Debts

€175,597 103% of the balance sheet
Financial debts 3%Suppliers 13%Taxes and wages 4%Other 80%

Filings

3 annual accounts 3 late
AprilJune31 JulyOctober202320242025

The 2023 accounts came latest: 76 days after the end of the period.

Checked score

56
Fair
Financially stronger than 55% of micro companies in sports and recreation (NACE 93)
Probability in this band: 1.5% to 4.2%

Negative equity caps the score at 59.

Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.3% across 4,270 companies (NACE 93, micro).

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.7% 01-2025: 1.7%● unchanged vs 12-2024 02-2025: 1.7%● unchanged vs 01-2025 03-2025: 1.7%● unchanged vs 02-2025 04-2025: 1.7%● unchanged vs 03-2025 05-2025: 1.7%● unchanged vs 04-2025 06-2025: 1.7%● unchanged vs 05-2025 07-2025: 1.7%● unchanged vs 06-2025 08-2025: 2.2%▲ +0.5 percentage points vs 07-2025 09-2025: 2.4%▲ +0.2 percentage points vs 08-2025highest value 10-2025: 1.8%▼ -0.6 percentage points vs 09-2025 11-2025: 1.8%● unchanged vs 10-2025 12-2025: 1.8%● unchanged vs 11-2025 01-2026: 1.8%● unchanged vs 12-2025 02-2026: 1.8%● unchanged vs 01-2026 03-2026: 1.8%● unchanged vs 02-2026 04-2026: 1.8%● unchanged vs 03-2026 05-2026: 1.8%● unchanged vs 04-2026 06-2026: 1.7%▼ -0.1 percentage points vs 05-2026 07-2026: 1.8%▲ +0.1 percentage points vs 06-2026 08-2026: 2.1%▲ +0.3 percentage points vs 07-2026 09-2026: 0.7%▼ -1.4 percentage points vs 08-2026lowest value 10-2026: 0.7%● unchanged vs 09-2026lowest value 11-2026: 0.7%● unchanged vs 10-2026lowest value

Financial strength
Average

22+11equity -3.0% of total assets
41+23short-term debt 103.0% · cash 33.1%
81+64return on assets 9.7%

Score breakdown

raises risk
Capped at 59: negative equity
Negative equity -€5,176
Last filed accounts filed 27 days late; 2 of the last 3 accounts late
lowers risk
Sector: Sports, amusement and recreation activities (NACE 93)
Liquidity: current ratio 0.38, cash €56,422
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 93, micro). It does better than 24% of them on solvency, 36% on liquidity, 70% on profitability and 88% 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 low class on 30-06-2025, 0.8% 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, 1,017 companies had the same profile as FF1 has now. Each dot stands for 3 companies, two years later.

89.2%
were still trading
4.0%
stopped another way
6.5%
went bankrupt
  • Micro
  • 2 to 5 years old
  • negative equity
  • a profit of 5% of the balance sheet or more

Another 0.3% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of FF1 itself is lower: 0.7% within 12 months. It rests on far more data about FF1 than the profile alone.

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 1,017 companies, not a prediction for FF1. 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

No credit on open account

Liquidity is insufficient, with a current ratio of 0.38 (0.15 in 2024), below 1. Short-term debt is 103% and cash 33.1% of total assets. Equity is negative.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Sector: Sports, amusement and recreation activities (NACE 93)
KBO
raises risk · Negative equity -€5,176
NBB · annual accounts
raises risk · Last filed accounts filed 27 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 0.38, cash €56,422
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 2880 sector peers (2025).
NBB · sector comparison
Position among 2880 sector peers
Solvency
better than 25%
← weakest strongest →
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filings
Deviation from the deadline
2025
27 days late
2024
52 days late
2023
76 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 52 days after the deadline. In the sector (NACE 93), the median for financial year 2024 was 1 day before the deadline, and 42% 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 21 September (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Board and ownership

FC
Director, FNEICHE Houssein Hassan
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0794771280
New establishment in Saint-Ghislain First Class, Route de Wallonie 2
Incorporation Founding capital of €2,500, 100 shares · Founder: Fneiche Consulting (comparant) · Appointment: Fneiche Consulting (director) · published on 16-12-2022 · Gazette deed
First establishment 337, Geallieerdenlaan 337, Mouscron
All 9 events

Comparable companies

same main activity, similar in size and age
Company
FF1 Saint-Josse-ten-Noode €170,421 €58,298 -3.0% -
SYSMIC Couvin €167,247 €50,763 29.2% -
DECA PRODUCTIONS Kontich €157,271 €63,550 14.7% -
DELTA SERVICES EVENTS Ciney €153,824 €52,984 84.2% -
Artec’s Game Center Wommelgem €158,397 €76,672 46.3% 1.1
MICKEY Ostend €150,200 €67,197 20.4% -
Coulomb Brussels €182,665 €78,443 64.7% -

These companies have the same main activity as FF1: other amusement and recreation activities (NACE 93299). They are comparable in size and age: total assets between €150,000 and €183,000, founded between 2022 and 2023.

Official details

Source: KBO
Status
Active since 14-12-2022Normal situation
Registered office
77 active companies are registered at this address7 started in the 12 months before. Source: KBO register, as of 9 November 2026.
Activity
Other amusement and recreation activitiesNACE 93299
Establishment units
2.339.693.5477700 Mouscron, since 14-12-2022
2.347.007.0507333 Saint-Ghislain, since 29-06-2023
Financial year end
31 December
Peppol
Reachable since 21-01-2026
Company details

Annual accounts 2025

€58,298▼ 9.8%
€16,565
-€5,176▲ 76.2%
€170,421▲ 11.3%
Filing
Filed on 27-08-2026
Financials

Insights on FF1

FF1 files the micro format. That format states no turnover. The gross margin fell from €125,897 in 2023 to €58,298 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 27-08-2026, 27 days late
€58,298
▼ 9.8%
€22,237
▲ €25,710
€16,565
▲ €33,076
-€109,500
▲ €39,240
-3.0%
▲ 11.2 percentage points
0.38
▲ 0.23

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €180,000. Estimated: probably between €120,000 and €300,000.

Balance sheet

balance sheet total €170,421 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

-3.0%

Higher than 25% of 2,880 companies in 2025.

0.38

Higher than 23% of 2,765 companies in 2025.

9.7%

Higher than 67% of 2,789 companies in 2025.

FF1 Middle half of the sector 80% of the sector Micro accounts in sports and recreation (NACE 93)

Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023
Balance sheet: assets
20/58 170,421153,101175,617
21/28 104,324126,999142,298
21 85,250105,964126,679
22/27 3,4545,415-
24 593916-
26 2,8614,500-
28 15,62015,62015,620
29/58 66,09726,10233,319
40/41 9,6753,5896,346
40 -04,840
41 9,6753,5891,507
54/58 56,42222,51326,695
490/1 -0277
Balance sheet: equity and liabilities
10/49 170,421153,101175,617
10/15 -5,176-21,741-5,230
10/11 2,5002,5002,500
14 -7,676-24,241-7,730
17/49 175,597174,843180,847
42/48 175,597174,843180,847
42 02,083-
43 4,8104,8106,205
430/8 4,8104,8106,205
44 23,0175,520785
440/4 23,0175,520785
46 7,8417,841-
45 7,71912,49635,270
450/3 4,6394,01816,312
454/9 3,0808,47818,958
47/48 132,210142,093138,587
Income statement
9900 58,29864,668125,897
62 2,39434,569107,333
630 22,67621,18318,321
640/8 10,99212,3902,852
9901 22,237-3,474-2,609
75/76B 126351,711
75 126351,711
65/66B 4,70012,7676,832
65 4,70012,7676,832
9903 17,663-16,206-7,730
67/77 1,098305-
9904 16,565-16,511-7,730
9905 16,565-16,511-7,730
Appropriation of the result
9906 -7,676-24,241-7,730
14P -24,241-7,730-
Social balance sheet
9087 -1.86.9
Hours worked1013 -8494,715
Document PDFPDFPDF

The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 27-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 27 days after the deadline. Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00433854.

Financial year Type Filed Reference Document
31-12-2025 micro format 27-08-2026 2026-00433854 PDF
31-12-2024 micro format 21-09-2025 2025-00496759 PDF
31-12-2023 micro format 15-10-2024 2024-00506797 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023
44,91217,70915,712
39,2404,67110,591
05,884160,620
33,909-4,182-
-109,500-148,741-147,528
-3.0%-14.2%-3.0%
0.380.150.18
9.7%-10.8%-4.4%
9.561.392.30

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202431-12-2023
Employees at the balance-sheet date04
full-time00
part-time04
in full-time equivalents01.4
0.12.6
On a permanent contract04
Joined743
Left1138

Source: social balance sheet in the 2023 to 2024 annual accounts

Investments

fixed assets acquired
Item202520242023
Tangible fixed assets-€5,884-
Intangible fixed assets--€145,000
Financial fixed assets€0-€15,620
€22,676€21,183€18,321

Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)

Insights on FF1

The operating result for 2025 is a profit of €22,237, after a loss of €3,474 in 2024. It is the highest result since 2023.

Equity is negative. Debt (€175,597) exceeds the balance-sheet total (€170,421).

Board & ownership

Board

1 director, since incorporation
Director, permanent representative FNEICHE Houssein Hassan
appointed by deed of 16-12-2022 term without a fixed end
listed in the 2025 annual accounts, filed on 27-08-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 16-12-2022
Permanent representatives 1
FNEICHE Houssein Hassan
Permanent representative, for Fneiche Consulting
appointed by deed of 16-12-2022

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
Board
Mandates as a list
  • Fneiche Consulting
    • Director, appointed by deed of 16-12-2022, still in office

See the board, name and registered office on a given date →

Control

This company
FF1
Equity -€5,176
Profit €16,565 in 2025

Capital

Contribution
€2,500
Shares
100
Contribution per share
€25
Equity per share
-€51.76 in 2025
Source
deed of 16-12-2022

Articles of association

deed of 16-12-2022 (in French)
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Monday of June at 17:00

Shareholders

At incorporation deed of 16-12-2022 ↗

Network & group

No group

FF1 has no parent and no holdings in its annual accounts. Fneiche Consulting is the only director.

At the same address

Willemsstraat 14, 1210 Saint-Josse-ten-Noode · 76 other companies
SINIBALDO
establishment since 16-04-2021 · founded in 2010
25 FTE (2025)
0827.691.102
VOSKAPEL
establishment since 17-11-1994 · founded in 1994 · group LUAX
total assets €2.1m (2025)
0452.145.011
Vegan Horizons
registered office since 28-03-2019 · founded in 2019
total assets €590,246 (2025)
0723.727.391
PAN-EUROPEAN INVESTMENT GROUP
registered office since 01-01-2008 · founded in 2007
turnover €72,508 (2025)
0891.971.022
Peaberry-up
registered office since 10-08-2004 · founded in 2004
total assets €288,872 (2025)
0866.713.410
Fneiche Consulting
registered office since 22-08-2019 · founded in 2019
total assets €241,582 (2025)
0732.778.580
ALLEGRETTI ENTREPRISES GENERALE
registered office since 13-06-2005 · founded in 2005
total assets €204,743 (2025)
0874.438.370
ORGANISATION MANAGEMENT CONCEPT
registered office since 25-07-1995 · founded in 1995
total assets €188,313 (2025)
0455.581.779
DELICE & CO
registered office since 02-06-2020 · founded in 2020 · accounts filed late
total assets €152,406 (2024)
0747.792.202
TRAUMNOVELLE
registered office since 12-03-2020 · founded in 2020
total assets €100,733 (2025)
0742.525.496
and 66 more

Connections & network

1 current director
Depth

The network lets you explore the ties of FF1.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

9 events since 2022

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 27 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0794771280
2025
Back to profit net €16,565 The net result is €16,565, after 2 loss-making years.
Annual accounts 2024 filed PDFmicro format · 52 days late
2024
Weakest financial year net -€16,511 The net result drops to -€16,511, the lowest from 2023 to 2025. It recovers the following year.
Annual accounts 2023 filed PDFmicro format · 76 days late
2023
New establishment in Saint-Ghislain First Class, Route de Wallonie 2
2022
IncorporationFounding capital of €2,500, 100 shares · Founder: Fneiche Consulting (comparant) · Appointment: Fneiche Consulting (director) · published on 16-12-20226 points ▸
  • Founder, Fneiche Consulting (comparant)
  • Founding capital, €2,500, 100 shares
  • Registered office clause, Rue Willems 14 boîte 1604, 1210 Saint-Josse-ten-Noode
  • Board rule, 1
  • Director appointment, Fneiche Consulting
  • Permanent representative, FNEICHE Houssein Hassan
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

First establishment 337, Geallieerdenlaan 337, Mouscron

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

FF1 was incorporated on 14 December 2022 as a private limited company by Fneiche Consulting, with a starting capital of €2,500.12 Fneiche Consulting is director of the company, appointed by deed of 16-12-2022.2 Total assets went from €175,617 in 2023 to €170,421 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 16-12-2022
  3. 3National Bank, annual accounts 2023 and 2025

Company details

Identity

Enterprise number
0794.771.280
VAT number
BE 0794.771.280
Peppol ID
0208:0794771280
Legal form
Private limited company
Status
Active, normal situation
Founded
14-12-2022
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Monday of June at 17:00
deed of 16-12-2022 (in French)
Peppol
Reachable since 21-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
FF1 in French
Entity type
Legal entity

Activities

NACEBEL 2025
Codes under NACEBEL 2008
93299 Other amusement and recreation activities main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“L'exploitation, la formation, les conseils et les services dans et d'un institut pour troubles mentaux et bien-être corporel au sens le plus…”
9 activities
  1. L'exploitation, la formation, les conseils et les services dans et d'un institut pour troubles mentaux et bien-être corporel au sens le plus large, comme par exemple : complexe de bien-être, spa, hammam et autres bains, solariums, tous types d'établissements de sauna et de bains, centres de fitness, thalassothérapie, relaxation, massage, yoga, thérapie par la lumière et la couleur, traitement du stress, traitement du poids corporel, soins esthétiques, soins du visage, manucure et pédicure, onglerie, esthétique, application de maquillage, et caetera
  2. L'exploitation d'une cafétéria associée, bar, club privé, brasserie, bar à champagne, restaurant et fournir des repas, tout cela au sens le plus large du terme
  3. Animation et organisation de manifestations et événements, réceptions, fêtes, repas, séjours, séminaires, formations et ateliers, agence d'accompagnement, agence de mise en relation, mise en place de cabarets artistiques, projections et défilés de mode, animations
  4. Importation et exportation, vente en gros et au détail de produits de beauté, parfumerie, droguerie, toilette, produits diététiques, naturels et autres produits connexes, suppléments nutritionnels, herbes, entretien et produits d'entretien, et caetera
  5. L'import et l'export, la vente en gros, semi-gros et au détail de tous textiles mode, cadeaux, décoration et articles tendance, ainsi que la location et la location d'articles connexes
  6. Gestion, conseil et assistance dans les activités de gestion, supervision, contrôle dans le domaine de marketing, relations publiques, production, finances, administration et affaires commerciales
  7. Exploitation d'un studio photo, la photographie, la location et mise à disposition en toute forme aux entreprises et associations de matériels, équipements et installations
  8. Fournir des conseils de gestion et conseils dans le domaine du marketing, de la production, gestion financière et administrative et commerciale
  9. Observer toutes les missions ou fonctions d'administrateur et de direction
deed of 16-12-2022 (in French)

Registered office and establishments

2 establishments
Establishment Since Unit numberFASFC approval
Willemsstraat 14 registered office 1210 Saint-Josse-ten-Noode
337 Geallieerdenlaan 337, 7700 Mouscron 56301 Cafés and bars 14-12-2022 2.339.693.547 Bar
First Class Route de Wallonie 2, 7333 Saint-Ghislain 56301 Cafés and bars 29-06-2023 2.347.007.050

Buildings and parcels at the addresses

Ground area
3,711 m²
Buildings
3,396 m²
Volume, LiDAR
95,093 m³
Tallest building
74.5 m
Buildings to scale, each on its own parcel
3,289 m², 74.5 m 3,289 m², 74.5 m

Location

registered office establishment approximate All 2 establishment units on the map
77 companies at this address See who is registered here

Parcels

Wallonia 1 (50%) Brussels 1 (50%)
Cadastral parcelRegionArea Buildings Height / floors
21572B0104/00F000Brussels3,465 m² 1 · 3,289 m² 74.5 m · 3
54006M0689/00A000Wallonia246 m² 1 · 107 m² 10.4 m · 2

Recognitions

Food safety, FASFC

1 site
Mouscron/Moeskroenunit number 2.339.693.547
1 permission
Bar · since 14-12-2022

Source: FAVV-AFSCA, open data, updated on 02-11-2026