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FFX

Active
Private limited companyfounded 2016active for 10 yearsRue des Martyrs 14, 4650 Herve, BelgiumKBO/BCE: BE 0651.558.797
Summary

FFX has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32,073 and a net result of €32,627. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 12% of 34,972 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Overview

Official details

Source: KBO
Status
Active since 04-04-2016 Normal situation
Activity
Roofing work NACE 43410
Joint committee
124 Construction · annual accounts 2025
Establishment unit
2.262.954.570 4650 Herve, since 04-04-2016
Financial year end
31 December
Peppol
Reachable since 23-12-2025

Board and ownership

Board

Financial position

81 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Annual accounts 2025
Gross margin
€284,485
▲ 45.6%
Turnover
≈ €690,000
estimated
Profit
€32,627
Equity
€32,073
Total assets
€534,730
▲ 22.1%
Employees on 31-12-2025
3
=
Score breakdownraises riskSector: Specialised construction activities (NACE 43)Equity €32,073 (6.0% of total assets)lowers riskSize: total assets €534,730Figures for financial year 2025 (filed on 15-07-2026)Show the evidence

Checked score

Score 2025
81 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 43% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Weak
Solvency 31+6
equity 6.0% of total assets
Liquidity 18+9
short-term debt 67.3% · cash 3.3%
Profitability 76+39
return on assets 6.1%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,685 companies, NACE 43, micro)
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: 1.8%▲ +0.1 percentage points vs 03-2025 05-2025: 1.8%● unchanged vs 04-2025 06-2025: 1.7%▼ -0.1 percentage points vs 05-2025 07-2025: 1.9%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 1.2%▼ -0.7 percentage points vs 07-2025 09-2025: 1.2%● unchanged vs 08-2025 10-2025: 1.2%● unchanged vs 09-2025 11-2025: 1.2%● unchanged vs 10-2025 12-2025: 1.2%● unchanged vs 11-2025 01-2026: 1.2%● unchanged vs 12-2025 02-2026: 1.2%● unchanged vs 01-2026 03-2026: 1.2%● unchanged vs 02-2026 04-2026: 1.3%▲ +0.1 percentage points vs 03-2026 05-2026: 1.3%● unchanged vs 04-2026 06-2026: 1.2%▼ -0.1 percentage points vs 05-2026 07-2026: 1.3%▲ +0.1 percentage points vs 06-2026 08-2026: 0.6%▼ -0.7 percentage points vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 0.5%▼ -0.1 percentage points vs 09-2026lowest value 11-2026: 0.5%● unchanged vs 10-2026lowest value
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.79 (0.72 in 2024), below 1. Short-term debt is 67.3% and cash 3.3% of total assets. 94% of the assets are financed with debt and provisions.
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 43, micro). It does better than 11% of them on solvency, 10% on liquidity, 52% on profitability and 99% on growth.

The bankruptcy probability was computed on 04-11-2026 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).

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

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €534,730
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Equity €32,073 (6.0% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 15-07-2026)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 34972 sector peers (2025).
NBB · sector comparison
Position among 34972 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 filings
Deviation from the deadline
2025
16 days early
2024
17 days early
2023
11 days early
2022
13 days early
2021
18 days early
2020
11 days early
2019
122 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 5 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 15 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Back in profit in 2025after a loss of €23,187 in 2024 €32,627 View
  • Caution: Lower solvency than 88% of companies in specialised constructionsector median 46.7% · 34,972 companies 6.0% View
  • Pledge on the business, new in 20253.8 times equity · not in the 2024 accounts €122,000 View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View

Recent changes

  1. · Gazette deed Resignation: HARTMANN François (director)
  2. · Gazette deed 2 directors appointed, 2 managers resigningChanges of role: Xavier HARTMANN (director) and François HARTMANN (director) · Permanent representative: Xavier HARTMANN
  3. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as FFX: roofing work (NACE 43410). They are comparable in size and age: total assets between €468,000 and €598,000, founded between 2014 and 2016.

CompanyTotal assetsGross margin
FFX Herve€534,730€284,485
TOITURES LAVIOLETTE Juprelle€482,251€293,354
TOITURES MICHEL ROBERT Engis€540,834€260,861
Reno-toit Waremme€468,162€311,214
JER’HOME TOITURE Huy€502,620€345,909
DIFAST CONSTRUCT Liège€472,306€309,943
Dakwerken Boon Blankenberge€598,488€283,992
Full comparison

Key facts about FFX

What is the company number of FFX?
The company number of FFX is 0651.558.797. The VAT number is the same number with BE in front: BE 0651.558.797.
Where is FFX based?
The registered office is at Rue des Martyrs 14, 4650 Herve.Company details
What does FFX do?
According to the KBO register, the main activity is roofing work (NACE 43410).
What is the legal form of FFX?
FFX is a private limited company (BV).
When was FFX founded?
FFX was founded on 04-04-2016.
Is FFX still active?
Yes, FFX is an active enterprise in the KBO register.
How many employees does FFX have?
FFX had an average of 4.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does FFX fall under?
In its 2025 annual accounts, FFX states joint committee 124 (Construction).
What is the turnover of FFX?
The turnover in financial year 2025 is ≈ €690,000. This figure is estimated from the gross margin of €284,485 and 82 comparable companies (NACE 43). It probably lies between €530,000 and €1.0m. In financial year 2021 turnover was €0.
Is FFX profitable?
In financial year 2025, FFX made a profit of €32,627.
Where can I find the annual accounts of FFX?
FFX filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FFX due?
FFX must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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