FG Carrelage
ActiveThe computed 12-month bankruptcy probability of FG Carrelage is 2.9% (moderate). The 2024 annual accounts show equity of €43k and a net result of €12k. Equity is growing by ~29.1% per year across the filed fiscal years. Its solvency ranks better than 36% of 3569 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
86
/ 100
Excellent▲ +23 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency70▲+40
Growth52=
Stability94
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 2.11 against 1.09 in 2023), but 69.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
30.4%
Return on assets
8.3%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-06-2025, 37 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
30 d early
2022
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€12k▲ 80.6%
2023 · €6k
2022: €20k
2023: €6k
2022 → 2024
Working capital
€17k▲ 494%
2023 · €3k
2022: €913
2023: €3k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€25k-€31k▲ 26.1%€43k▲ 37.4%
Operating result€27k-€11k▼ 59.9%€17k▲ 53.0%
Net result€20k-€6k▼ 67.3%€12k▲ 80.6%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 53% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €142k
Fixed assets
€109k▼ 5.6%
Current assets
€33k▼ 2.5%
Equity and liabilities €142k
Equity
€43k▲ 37.4%
Debt
€99k▼ 16.1%
The debt ratio falls from 79.0% to 69.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€28k▲
2023 · €21k
Cash flow
€24k▲
2023 · €17k
Solvency
30.4%▲
2023 · 21.0%
Current ratio
2.11▲
2023 · 1.09
Quick ratio
0.66▼
2023 · 0.71
Debt / equity
2.29▼
2023 · 3.75
ROE
27.2%▲
2023 · 20.7%
ROA
8.3%▲
2023 · 4.4%
Interest coverage
13.22▲
2023 · 8.79
Debt
€99k▼
2023 · €118k
Debt ≤ 1 year
€16k▼
2023 · €31k
Debt > 1 year
€77k▼
2023 · €87k
Income taxes
€3k▲
2023 · €2k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€149k€142k▼
Fixed assets21/28€115k€109k▼
Intangible fixed assets21€549€349▼
Tangible fixed assets22/27€114k€108k▼
Land and buildings22€90k€90k=
Plant, machinery and equipment23€7k€9k▲
Furniture and vehicles24€17k€10k▼
Financial fixed assets28€47€47=
Current assets29/58€34k€33k▼
Stocks and contracts in progress3€12k€23k▲
Stocks30/36€12k€23k▲
Amounts receivable within one year40/41€19k€8k▼
Trade receivables40€15k-
Other amounts receivable41€4k€8k▲
Cash at bank and in hand54/58€3k€2k▼
Deferred charges and accrued income490/1€504€139▼
Equity and liabilities
Total equity and liabilities10/49€149k€142k▼
Equity10/15€31k€43k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€26k€38k▲
Amounts payable17/49€118k€99k▼
Amounts payable after more than one year17€87k€77k▼
Financial debts170/4€87k€77k▼
Amounts payable within one year42/48€31k€16k▼
Current portion of amounts payable after more than one year42€12k€10k▼
Financial debts43€3k-
Credit institutions430/8€3k-
Trade debts44€2k€346▼
Suppliers440/4€2k€346▼
Taxes, remuneration and social security45€8k€107▼
Taxes450/3€8k-
Remuneration and social security454/9-€107
Other amounts payable47/48€7k€6k▼
Accrued charges and deferred income492/3-€6k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€12k▲
Other operating charges640/8€954€739▼
Gross operating margin9900€22k€29k▲
Operating profit (loss)9901€11k€17k▲
Financial income75/76B€209€619▲
Recurring financial income75€209€619▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€9k€15k▲
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€6k€12k▲
Profit (loss) for the period to be appropriated9905€6k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€26k€38k▲
Profit (loss) brought forward from the previous period14P€20k€26k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €6k ▼67.3%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Leuze-en-Hainaut · 1 establishment unit since 2021
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 du Rempart(L) 647900 Leuze-en-HainautGround area
133 m²
Building footprint
103 m²
Volume, LiDAR
982 m³
Parcel 57048D0604/00W000, Wallonia · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
FG Carrelage
since 20212.322.359.845
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57048D0604/00W000 | Wallonia | 133 m² | 1 · 103 m² | 11.6 m · 3 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.
Similar companies · same sector, comparable size
Jove
BE 0760.521.075
Lille · Eq €43k
LIKO CONSTRUCT
BE 0788.364.728
Sint-Truiden · Eq €43k
CARODEC0
BE 0445.282.755
Overijse · Eq €43k
TERCHAP
BE 0462.389.397
Chapelle-lez-Herlaimont · Eq €43k
CONCEPT TOITURE-CARRELAGE
BE 0477.117.066
Flémalle · Eq €43k
Of 3,934 companies in sector 43331 we hold annual accounts for 1,774. 1,524 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-09-2021
Fiscal year end31-12
Activities, NACEBEL
43331Floor and wall tiling
23420Manufacture of other non-metallic mineral products
23450Manufacture of other non-metallic mineral products
31004Manufacture of dining room, living room, bedroom and bathroom furniture
31009Manufacture of furniture
31092Manufacture of furniture
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.