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FG Digital Security

Active
Washingtonstraat 44 ·1050 Elsene, Belgium
KBO/BCE: BE 1008.226.314
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Age2 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of FG Digital Security is 0.8% (low). The 2025 annual accounts show equity of €44k and a net result of €30k. Its solvency ranks better than 57% of 2768 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Signals

1 signal · with evidence
Consistently profitable
Positive net result in the two most recent financial years (2024 and 2025).
View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-05-2026, 66 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
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.
How we compute the deadline
The year end is derived from 2 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2025, that is 31-07-2026.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 26-05-2026 66 d early 2026-00123164
31-12-2024 31-07-2025 20-05-2025 72 d early 2025-00105614

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Young company
Founded in 2024, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.8% Low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector Young company +Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€30k+210.1%
Working capital€33k+154.2%

Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 26-05-2026 with the NBB · fiscal year 2025 · micro
€0€10k€20k€30k€40kOperating result 2024: €12k€12kNet result 2024: €10k€10kOperating result 2025: €38k€38kNet result 2025: €30k€30k20242025
Operating resultNet result
Sector comparison
Fiscal year 2025 · NACE 62, Computer programming & consultancy · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 68.4% 62.1%
better than 57% of 2768 sector peers
Net result €30k €39k
better than 41% of 2770 sector peers
Equity €44k €62k
better than 42% of 2769 sector peers
Gross operating margin €39k €62k
better than 31% of 2770 sector peers
Total assets €65k €121k
better than 21% of 2770 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€39k
+204.8% 24-25
Net profit
€30k
+210.1% 24-25
Cash flow
€31k
+208.9% 24-25
Total assets
€65k
+183.4% 24-25
Equity
€44k
+204.0% 24-25
Working capital
€33k
+154.2% 24-25
Income taxes
€8k
+195.4% 24-25
Debt
€21k
+147.1% 24-25
Show 8 other metrics
Debt ≤ 1y
€21k
+147.1% 24-25
Current ratio
2.62
+1.8% 24-25
Quick ratio
2.62
+1.8% 24-25
Solvency
68.4%
+7.3% 24-25
Debt / equity
0.46
-18.7% 24-25
ROE
67.1%
+2.0% 24-25
ROA
45.9%
+9.4% 24-25
Interest coverage
264.92
+118.3% 24-25
Figures by fiscal year
Fiscal year2025
Depositmicro
Revenue-
EBITDA€39k
Net profit€30k
Cash flow€31k
Staff costs-
Income taxes€8k
Dividends-
Total assets€65k
Equity€44k
Debt€21k
of which ≤ 1y€21k
of which > 1y-
Working capital€33k
Employees (FTE)-
Ratios (computed)
2025
Current ratio2.62
Quick ratio2.62
Working capital ratio51.3%
Solvency68.4%
Debt / equity0.46
Long-term debt ratio-
Interest coverage264.92
Gross margin-
Net margin-
ROA45.9%
ROE67.1%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts (21 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€65k
Fixed assets 21/28€11k
Tangible fixed assets 22/27€11k
Current assets 29/58€54k
Amounts receivable within one year 40/41€13k
Cash & bank 54/58€41k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€65k
Equity 10/15€44k
Contributions / capital 10/11€5k
Accumulated profits (losses) 14€39k
Amounts payable 17/49€21k
Amounts payable within one year 42/48€21k
Trade debts payable within one year 44€1k
Income statement
Gross operating margin 9900€39k
Operating result 9901€38k
Financial income 75€0
Financial charges 65€147
Result before taxes 9903€38k
Income taxes 67/77€8k
Net result for the period 9904€30k
Result to be appropriated 9905€30k
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2025 · computed
100 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap
7 companies at this address See who is registered here

Establishment units

1 location
FG Digital Security
Washingtonstraat 44, 1050 ElseneKleinhandel in computers en standaardprogrammatuur
since 20242.359.277.352
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area312 m²
Buildings1
Building footprint130 m²
Volume (LiDAR)2,912 m³
Tallest building26.1 m · ±8 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21447B0226/00M006 Brussels 312 m² 1 · 130 m² 26.1 m · 8 fl.
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.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

0 of 1 acts read

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Financial profile

5 of 5 axes measured
Health100Profitability100Solvency100Growth78Stability82
92 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 100
Profitability 100
Solvency 100
Growth 78
Stability 82

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Computerconsultancy-activiteiten62020Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten62200Detailhandel in ICT-apparatuur47400Detailhandel in computers, randapparatuur en software in gespecialiseerde winkels47410Ontwerpen en programmeren van computerprogramma's62010Overige diensten op het gebied van informatietechnologie en computer62900Ontwerpen van computerprogramma’s62100Computerinfrastructuur, gegevensverwerking, hosting en aanverwante activiteiten63100Gegevensverwerking, webhosting en aanverwante activiteiten63110Verhuur en lease van kantoormachines, inclusief computers77330
Primary activity highlighted.
Names & trade names
Legal nameFR FG Digital Security
Registered office
Washingtonstraat 44 bus 6
1050 Elsene, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.