FFX
ActiveFFX has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32k and a net result of €33k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 12% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▲+39
Solvency31▲+6
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.79 against 0.72 in 2024; short-term debt: 67.3% and cash: 3.3% of total assets), and 94% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
6%
Return on assets
6.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 27711 sector peers (2025).
NBB · sector comparisonPosition among 27711 sector peers
Solvency
better than 12%
← weakest
strongest →
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 15-07-2026, 16 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
16 d early
2024
17 d early
2023
11 d early
2022
13 d early
2021
18 d early
2020
11 d early
2019
122 d late
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€0
EBIT margin
Not included in this filing
Net result
€33k
2024 · €-23k
2018: €15k
2019: €-47k
2020: €23k
2021: €35k
2022: €547
2023: €2k
2024: €-23k
2018 → 2025
Working capital
€-76k▲ 25.6%
2024 · €-102k
2018: €-32k
2019: €-75k
2020: €11k
2021: €12k
2022: €-36k
2023: €-55k
2024: €-102k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€0-
Equity€48k-€21k▼ 56.0%€23k▲ 7.9%€-553€32k
Operating result€48k-€4k▼ 91.3%€11k▲ 168%€-13k€52k
Net result€35k-€547▼ 98.4%€2k▲ 281%€-23k€33k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €52k after a loss of €13k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €535k
Fixed assets
€251k▲ 45.3%
Current assets
€284k▲ 7.1%
Equity and liabilities €535k
Equity
€32k
Debt
€503k
Debt finances 94.0% of the balance-sheet total.
Key figures and ratios
EBITDA
€105k▲
2024 · €31k
Cash flow
€86k▲
2024 · €21k
Solvency
6.0%▲
2024 · -0.1%
Current ratio
0.79▲
2024 · 0.72
Quick ratio
0.64▲
2024 · 0.59
Debt / equity
15.67
ROE
101.7%
ROA
6.1%▲
2024 · -5.3%
Interest coverage
7.17▲
2024 · 2.94
Debt
€503k▲
2024 · €438k
Debt ≤ 1 year
€360k▼
2024 · €367k
Debt > 1 year
€141k▲
2024 · €68k
Income taxes
€4k▲
2024 · €227
Staff costs
€176k▲
2024 · €160k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€438k€535k▲
Fixed assets21/28€173k€251k▲
Intangible fixed assets21€12k€9k▼
Tangible fixed assets22/27€160k€241k▲
Plant, machinery and equipment23€27k€27k▼
Furniture and vehicles24€18k€123k▲
Leasing and similar rights25€106k€82k▼
Other tangible fixed assets26€9k€10k▲
Financial fixed assets28€536€536=
Current assets29/58€265k€284k▲
Stocks and contracts in progress3€47k€52k▲
Stocks30/36€47k€52k▲
Amounts receivable within one year40/41€163k€180k▲
Trade receivables40€118k€158k▲
Other amounts receivable41€44k€22k▼
Current investments50/53€0-
Cash at bank and in hand54/58€19k€18k▼
Deferred charges and accrued income490/1€36k€35k▼
Equity and liabilities
Total equity and liabilities10/49€438k€535k▲
Equity10/15€-553€32k▲
Contributions10/11€19k€19k=
Reserves13€0€10k▲
Distributable reserves133€0€10k▲
Profit (loss) carried forward14€-19k€3k▲
Investment grants15€0-
Amounts payable17/49€438k€503k▲
Amounts payable after more than one year17€68k€141k▲
Financial debts170/4€68k€141k▲
Amounts payable within one year42/48€367k€360k▼
Current portion of amounts payable after more than one year42€29k€42k▲
Financial debts43€120k€49k▼
Credit institutions430/8€120k€49k▼
Trade debts44€174k€146k▼
Suppliers440/4€174k€146k▼
Advances received on contracts in progress46€9k€78k▲
Taxes, remuneration and social security45€16k€24k▲
Taxes450/3€12k€8k▼
Remuneration and social security454/9€5k€16k▲
Other amounts payable47/48€19k€21k▲
Accrued charges and deferred income492/3€3k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€160k€176k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k€53k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-18k-
Other operating charges640/8€23k€4k▼
Gross operating margin9900€195k€284k▲
Operating profit (loss)9901€-13k€52k▲
Financial income75/76B€559€53▼
Recurring financial income75€559€53▼
Financial charges65/66B€10k€15k▲
Recurring financial charges65€10k€15k▲
Profit (loss) for the period before taxes9903€-23k€37k▲
Income taxes67/77€227€4k▲
Profit (loss) for the period9904€-23k€33k▲
Profit (loss) for the period to be appropriated9905€-23k€33k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-23k€13k▲
Profit (loss) brought forward from the previous period14P€34€-19k▼
Transfer from equity791/2€4k-
Transfer to equity691/2€0€10k▲
To the legal reserve6920€0-
To other reserves6921-€10k
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €33k
Net result €33k after one loss-making year.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
20-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €35k ▲52%
Net result €35k, the highest in the series.
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-12
Financial
Weakest financial yearnet €-47k ▼417%
Net result drops to €-47k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Herve · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue des Martyrs 144650 HerveGround area
202 m²
Building footprint
53 m²
Volume, LiDAR
294 m³
Parcel 63035A0006/02M000, Wallonia · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FFX srl
since 20162.262.954.570
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63035A0006/02M000 | Wallonia | 202 m² | 1 · 53 m² | 7.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
5 categoriesFFX SRL38437
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RIFTOIT
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Of 8,563 companies in sector 43410 we hold annual accounts for 4,355. 3,442 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-04-2016
Fiscal year end31-12
Activities, NACEBEL
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.